Danaos Corporation Secures Bareboat Charters for Two of its 6,500TEU Containership Orders and Expands Contracted Revenue to USD 4.2 Billion Athens, Greece, May 24, 2007 – Danaos Corporation (NYSE: DAC) today announced that it has secured 18 year bareboat charters for each of two 6,500 TEU containers
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that it has signed a Memorandum of Agreement to purchase the M/V Clan Gladiator, a Handysiz
Emirates Team New Zealand has qualified for the Final of the Louis Vuitton Cup. The Kiwis defeated Desafío Español 2007 on Wednesday afternoon to win their Semi Final series 5-2. The Emirates squad will face Luna Rossa Challenge in the Final beginning on 1 June.
After eleven years, Hein Velema has decided to leave Feadship and move to Monaco, where he will join the Fraser Yachts team as worldwide Director of Sales.
BRUSSELS, Belgium—The European Commission is taking steps to make the dismantling of ships safer and less damaging to the environment. In a consultation paper published May 22, the commission does not present a completed plan but suggests actions to be taken in the European Union until the process n
YANTAI, Shandong Province, May 22 (Xinhua) — Chinese rescuers have recovered a second body, confirmed to be the captain of the Republic of Korea (ROK) ship that sank off the east China coast ten days ago after a collision with a container ship.
Engineering and construction major Larsen & Toubro plans to broaden the scope of its proposed Rs 2,000-crore mega greenfield shipyard in favour of an integrated port-cum-shipyard facility.
The tension is still on for the Spanish challenger Desafío Español, who will fight against Emirates Team New Zealand again today. The Spanish are potentially down to their final race today, but this is a team whom it would be dangerous to count out. Not many Cup pundits thought the rookie Spanish te
As first reported in PANORAMA, the Government of Gibraltar has signed a contract with the Dutch contractor Van Oord Dredging and Marine Contractors b.v. from Rotterdam, the Netherlands for the first phase of the Mid-Harbour Reclamation Project which is the site for the Government’s new rental housin
Aker voted the most attractive workplace in Reputation Institute’s Global RepTrak™ Pulse 2007 survey. Aker achieved the top score (outstanding) and was ranked the most attractive workplace of the world’s 600 largest companies in the Reputation Institute’s Global RepTrak™ Pulse 2007. The survey is a
A recent visit to Phuket by the world’s richest man has kickstarted plans to build an exclusive mooring off the coast of Thailand’s most popular island for billionaires to park their yachts.
Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP Exploration (Angola) Limited today announced the ‘Cordelia’ oil discovery in ultra-deepwater Block 31, offshore Angola. Cordelia is the fourteenth discovery that BP has drilled in Block 31. The well is located approximately 3.5 kilometre
PUMA has announced that the world-renowned design team, Botin Carkeek, and acclaimed custom yacht builder, Goetz Custom Boats, have been commissioned to begin work on PUMA’s new Volvo Open 70, which will compete in the Volvo Ocean Race 2008-09.
Funded by Norway, an agreement on the project worths US$3.9 million to support the Vietnamese shipbuilding industry was signed on May 22, 2007 between the Norwegian Ambassador, Kjell Storlokken, and Minister of Planning and Investment, Vo Hong Phuc. The Norwegian Foreign Affairs Department, Anne Ste
