Concordia Maritime and the French oil and energy company TOTAL signed an agreement today covering charters totalling nine years for three different P-MAX tankers. The agreement is for a 5-year time charter* of the Stena Progress, which will be delivered from Brodosplit Shipyard at the end of 2009 as
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today that it has entered into memoranda of agreement to purchase the M/V Honor River and the M/V
Alinghi came from behind for the second consecutive day to beat Emirates Team New Zealand on Saturday afternoon on the waters off Valencia. The Swiss Defender put in a strong, controlled performance on a difficult sea breeze day. Hundreds of spectator boats crowded the race course to witness the win
Alinghi came from behind for the second day in a row to beat Emirates Team New Zealand on Saturday afternoon on the waters off Valencia. The Swiss Defender put in a strong, controlled performance on a difficult sea breeze day. Hundreds of spectator boats crowded the race course to witness the win.
Emirates Team New Zealand’s debacle with the broken spinnaker yesterday could have been a heartbreaker. But Grant Dalton says that won’t happen. Nor will he put the breakage down to bad luck, although he could be forgiven for doing so.
HMS Albion is the Royal Navy’s third largest ship and is now tied up close to where that other maritime colossus, the Titanic, first put to sea. While the Titanic was built to be unsinkable and keep water out, the Albion is designed to partially sink in order to carry out its task as a […]
The Volvo Ocean Race will bring a global focus to an environmental campaign which has won the hearts and minds of Bostonians when the race stops off in the historic port in May 2009. The Save the Harbor/Save the Bay Campaign (SHSB) is a multi-billion dollar cause geared to restoring, reconnecting an
Hyundai Heavy Industries Co., Ltd. (HHI) has developed the first Korean Dual-Fuel Diesel-Electric (DFDE) propulsion system for LNG carriers. The DFDE propulsion system uses either oil or gas, depending on the situation. It uses an electric motor like large cruise ships and submarines, not a steam tu
On the 8th March 2006, Statoil and Shell announced that they would conduct a joint feasibility study on power production and carbon dioxide (CO2) management in Mid-Norway.
The Tasmanian shipbuilder, Incat, says there is interest in building an even larger ship than the 112 metre catamaran currently under construction in Hobart.
A NEW attempt will be made tomorrow to refloat the coal carrier Pasha Bulker after the replacement of towing cables and a sea anchor that broke under the strain of the salvage operation.
Royal Vopak will expand its Teesside terminal at Seal Sands in the United Kingdom to store and handle bio-ethanol on behalf of Ensus Limited. Ensus has started construction of a 400 million litres bio-ethanol facility in Wilton, Teesside, which is scheduled to enter production early 2009. The bio-et
Sonangol, the Angolan state oil company, as concessionaire, and Total, as operator, are pleased to announce that the Angola’s deepwater Rosa field in Block 17 started production on June 18. Discovered in January 1998 at some 135 kilometres off the coast of Angola in water depths of 1,350 metres, the
Athens. Greece, Stealthgas Inc. announced yesterday that one of its vessels, the Gas Shanghai, was involved in a collision on May 15, 2007, when it struck a local vessel that came across its bow as the Gas Shanghai was leaving the port of Ho Chi Minh City, Vietnam, with a pilot on board, after disch
