Golden Ocean Group Limited (“Golden Ocean” or the “Company”) has agreed to get released from the bare boat agreements for the two 1990 built Panamax vessels “M/V Golden Glory” and “M/V Golden Gem” against purchasing the vessels for $11 million per vessel.
Transocean Inc. (NYSE:RIG) today announced that its report of drilling rig status and contract information covering the company’s offshore drilling fleet has been updated as of June 5, 2007.
Dubai Ports World (DP World) has announced plans to invest $534 million in Senegal to renovate the Port of Dakar and construct a container terminal as part of several planned project in the West African state, Gulf News reported.
The 360-foot Empress of the North struck a submerged rock May 14 in Icy Strait off the Alaska coast about 45 nautical miles from Juneau. The cruise ship will return to service July 7.
Plans to make Hobsonville a boatbuilding mecca are off to a $15.3 million start. That’s how much the Waitakere City Council has paid for 15 hectares of former land once owned by the airforce. Mayor Bob Harvey says a cluster of marine industries will be developed on the site, making Hobsonville the s
Could there be a bigger yacht than Roman Abramovich’s planned megayacht Eclipse? The Wall Street Journal covers the listing for Everest, a potential yacht, which if built would take the title of world’s biggest private yacht.
De Valk International has announced the sale of the Jongert 2200s, Serenity of Sea. This aluminium sloop was built in 1988 to a Ron Holland design. The transaction was organised by Derk Jan Rolff from De Valk as the central agent, working in conjunction with Merrill-Stevens.
UP to €100m will be spent on the Irish offshore this year as part of the busiest drilling programme offshore Ireland in decades, according to industry data. With the Corrib partners completing a total of five production wells on the Corrib gas find, the programme is also scheduled to include drillin
SINGAPORE’S Keppel Corp, the world’s top offshore oil drilling rigs maker, said it may look to snap up Asian shipbuilding yards in several years when it expects a glut in capacity to depress asset prices.
The yacht and aircraft interior design firm Patrick Knowles Designs has been honored with the 2007 ShowBoats International Best Refit/Reconfiguration Award for its work on the 168’ motoryacht Helios2. The award will be presented to the owners, interior design firm, shipyard and naval architect respo
‘Comeback’ is the title of Cup legend Dennis Conner’s book on the 1987 America’s Cup, and it’s a term that Luna Rossa Challenge will be looking to for inspiration. Down 3-0, the Italians will have to rally for a comeback if the hope to knock off Emirates Team New Zealand and advance to the America’s
THE builders of Great Yarmouth’s £80m outer harbour have underlined their ambitions for the port with the appointment of a high-powered chief executive officer.
For Luna Rossa Challenge, the time to win is today. The Italian challenger begins the day down 3-0 to Emirates Team New Zealand in the Louis Vuitton Cup Final and can’t afford another loss.
Technip has been awarded by Talisman Energy a turnkey contract, worth approximately €110 million, for the YME field re-development. This field, located 100km offshore Norway, is today operated by Talisman Energy.
