If Roman Abramovich thinks he is getting a slice of the action with his £500m investment in Chelsea, perhaps he should take a look at Larry Ellison’s toys. That is because Ellison, who with £10.6bn is 11th on the Forbes list of the world’s richest people, compared with Abramovich’s 16th, actually ge
The Korean 3,800-ton cargo vessel Golden Rose sank off Yantai in China`s Shandong Province. A sailor of the Chinese container ship Jinsheng which collided with the Korean vessel said that they went on sailing after knowing their ship collided with Golden Rose, sparking suspicion that the accident wa
Hercules Offshore, Inc. (Nasdaq: HERO) today announced that it is taking precautionary measures with its liftboat operations in Nigeria because of the current unrest arising out of the recently held local and national elections and the resulting decision of its customer, Chevron Nigeria Ltd., to tem
Bourbon Offshore Norway and Oceanteam Power & Umbilical ASA announced today that they have signed an agreement to build a new build construction support vessel to be delivered early 2010. The vessel will be built by Metalships & Docks, SUA in Vigo.
A division of China’s largest steamship company, COSCO Container Lines Americas Inc., gave a major boost to Prince Rupert, B.C., yesterday in a deal that will make it the first container-ship company to berth at its port when it opens this fall.
BMW ORACLE Racing earned one of the great comebacks in the 32nd America’s Cup, beating Luna Rossa Challenge after trailing by as much as 58 seconds at the first windward mark. The American team was 14 seconds behind at the beginning of the final run, but made a great pass down the left hand side [&h
To suit the needs of rental and construction customers, Atlas Copco has redesigned its mid-range portable compressors, comprising the XA(M,T,H,V)S 296-446 models, to fit into a smaller housing. With their smaller size they are ideal for urban use where space constraints are a common issue. In the re
The latest addition to the Costa Crociere fleet, Europe’s largest and most advanced. The Costa Serena, Europe’s largest and most innovative liner, inspired by the gods of Classical Mythology. After the Costa Serena 3 more Costa Crociere ships ordered from Fincantieri, due for delivery in 2009 and 20
A cruise ship has run aground off the Alaskan coast, forcing the evacuation of more than 250 passengers.
A device that can be fitted to a ship’s exhaust to reduce polluting emissions has been unveiled. Transport minister Stephen Ladyman was in Kent to see the seawater scrubber in use on a cross-Channel ferry at Dover.
Greenpeace campaigners have tried to stop trawlers fishing for North Sea cod for the second time in three days. A protester jumped into the sea 40 miles off Unst in front of two trawlers on Monday morning with a sign saying: ‘Stop battering cod’.
Severnaya Shipyard and Siddis Skipper II AS ship-owner company (Norway) signed a contract on constructing a highly-saturated ship that will supply drilling and production structures of VS 470 PSV project. Also the contract has a option on construction one more modernized hull of VS 470 MPSV project,
More than 200 Chinese ships and numerous aircraft have now joined the search for 16 sailors of a Republic of Korea (ROK)-registered ship which sank off the coast of Shandong Province on Saturday as high winds and rough seas hamper the rescue efforts.
Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said Monday that it plans to raise the price of steel plates used in shipbuilding. The steelmaker said the price of steel plates will be raised to 685,000 won (US$741) from 635,000 won from May 15.
