Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and a provider of seaborne transportation for drybulk and containerized cargoes, announced today that it has declared a dividend of $0.25 per common share for the second quarter of 2007. The dividend is paya
On July 6th 2007, Transas signed a contract with the Krasnoe Sormovo shipyard (MNP Group) to supply navigational equipment for the RST22 tanker series. Turkish shipping company Palmali Shipping is the project’s customer. Several Palmali Shipping vessels have already been equipped with Transas system
PRIMEDIA’s POWER & MOTORYACHT magazine, the #1 publication in the enthusiast marine category, today unveiled the POWER & MOTORYACHT 100, the annually anticipated ranking of The World’s 100 Largest Yachts. Now in its 22nd year, the POWER & MOTORYACHT 100 is the longest-running and most accurate compi
A fisherman whose boat sank in the Firth of Forth was found washed up alive on the fairway of a golf course. Tom Smith, 65, who cannot swim, had been laying creels off the Fife coast when his small vessel started taking on water.
Explosives have been detonated for a second day running in the attempt to split a beached container ship in two off the east Devon coast. Smoke engulfed the rear of the MSC Napoli, off Branscombe, as the explosions were triggered at 1404 BST.
On 28th of June 2007 on Timmerman Yachts shipyard a unique event took place. In the presence of the Owner’s representatives and head persons of the company the launching of the first 45 m transatlantic mega yacht built in Russia was performed. The yacht building contract was signed on the last day o
The Cruising Club of America is seeking nominations for its annually awarded Rod Stephens Trophy for Outstanding Seamanship. Suggestions and candidates from all nations and in all aspects of boating are welcome.
Athens, Greece, July 17, 2007 – Danaos Corporation (NYSE: DAC) announced today that it has agreed with China Shipbuilding Trading Company Limited the upgrading of its earlier order for four 6,800 TEU containerships to four 8,400 TEU vessels and signed the amendments to the relevant shipbuilding cont
Grand Alliance members of Transpacific Trade – Hapag-Lloyd, Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) announced today to restructure and upgrade the Central China Express Service (CCX).
Taiwan’s state-run shipbuilding company CSBC has received orders for 11 container ships, which boosts CSBC’s total orders to 67 ships, enough to keep CSBC busy until 2012, the company said on Tuesday. On Monday, CSBC signed a contract to build seven container ships for Taiwan’s Yangming Marine, CSBC
Following a call for tenders, Total has been selected to build a petrochemical complex in Arzew, near Oran, Algeria, in partnership with Sonatrach. The project encompasses the construction of an ethane cracker and three product lines. The cracker will have a capacity of 1.4 million metric tons per y
‘Only two weeks have passed since the 32-meter Admiral hull 115 was launched,’ declares proudly CNL General Director Francesco Ceccarelli. ‘And now another Admiral—the 35-meter ‘Framura’—made its launch on July, 5th at sunset. It is truly a time of prosperity for the Admiral Brand, crowning consiste
Clough Limited has entered into an agreement for an eight year charter of a new subsea operational support vessel. The as yet unnamed vessel will be ready for service in June 2008. Once operational the vessel will be deployed on various projects and contracts, primarily in the Australasian and SE As
The berth at the Outer Harbor container terminal in Adelaide will be extended by almost 150 metres to help cope with larger ships. A dredging project was completed last year, deepening the channel and allowing bigger ships access to the terminal.
