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Cruise ship’s sinking puts safety in focus
News

Cruise ship’s sinking puts safety in focus

Last Friday’s sinking of a cruise ship in the Aegean Sea, which forced the evacuation of nearly 1,600 people and left two passengers missing and presumed dead, was soon followed by accounts of panicky passengers scrambling for life jackets.

about 19 years ago
Monster warning to protect oceans
News

Monster warning to protect oceans

The landing of a colossal squid by New Zealand fishermen earlier this year offered a rare glimpse into the mysterious world deep beneath the waves. Scientist Mark Norman uses this week’s Green Room to argue that it also shows how marine life is being destroyed before it is understood.

about 19 years ago
Bollinger Completes Conversions on Three Dive Support Vessels for Epic Divers & Marine
News

Bollinger Completes Conversions on Three Dive Support Vessels for Epic Divers & Marine

Bollinger Shipyards, Inc., Lockport, La., of Lockport, Louisiana, has performed conversions and modifications to three separate dive support vessels for EPIC Divers & Marine of Harvey, Louisiana, a leading commercial diving company with over thirty-five (35) years of service to the marine community.

about 19 years ago
Argentine icebreaker ablaze; 296 abandon fiery ship
News

Argentine icebreaker ablaze; 296 abandon fiery ship

A raging fire aboard an Argentine navy icebreaker forced all 296 people aboard to abandon ship in the South Atlantic, where they spent hours in lifeboats awaiting rescue by an oil tanker and fishing vessels, the military said Wednesday.

about 19 years ago
Danaos Corporation Orders Five 3,400 TEU Panamax Containerships
News

Danaos Corporation Orders Five 3,400 TEU Panamax Containerships

Danaos Corporation (NYSE: DAC) today announced that it has signed shipbuilding contracts for five 3,400 TEU vessels with Hanjin Heavy Industries & Construction Co., Ltd. These containerships are expected to be delivered to Danaos from November 2009 through June 2010.

about 19 years ago
Statoil extends well service contract with Aker Kvaerner
News

Statoil extends well service contract with Aker Kvaerner

Statoil extends the current well service contract the operator has with Aker Kvaerner for two additional years. The scope of work includes wireline and associated services at the Tampen and Halten/Nordland areas at the Norwegian continental shelf. The estimated contract value is NOK 400 million.

about 19 years ago
L&T to set up shipbuilding yard
News

L&T to set up shipbuilding yard

India’s largest engineering firm Larsen & Toubro will be the first company to set up a major state-of-the-art ship- building yard at a cost of Rs 1,500 crore. “We will announce the details of the project in one or two months,” a top company official told PTI, adding the company has identified three

about 19 years ago
Mr Frank Donnelly appointed President, Wärtsilä North America
News

Mr Frank Donnelly appointed President, Wärtsilä North America

Mr Frank W. Donnelly has been appointed President, Wärtsilä North America, Inc. as of March 27th, 2007. He is also continuing as Vice President, Power Plants in Wärtsilä North America.

about 19 years ago
Statoil: Sustainability at Svalbard
News

Statoil: Sustainability at Svalbard

Nina Udnes Tronstad, Statoil’s executive vice president for health, safety and the environment (HSE), presented Statoil’s sustainability report at Norway’s far-northern Spitsbergen islands (Svalbard), yesterday. “Statoil has chosen an aggressive approach to the carbon challenge and contributes to wo

about 19 years ago
Titan sells single-hulled VLCC Titan Taurus at US$41 million
News

Titan sells single-hulled VLCC Titan Taurus at US$41 million

Integrated oil logistics provider Titan Petrochemicals Group Limited (“Titan”) (HKSE: 1192) announced today that it has agreed to sell Titan Taurus, a single-hulled 254,991 dwt Very Large Crude Carrier (VLCC) built in 1992, to Korea Line Corp. for a consideration of US$41 million. The sales of the v

about 19 years ago
Michael Saylor is making a splash with a 68-foot luxury motor yacht
News

Michael Saylor is making a splash with a 68-foot luxury motor yacht

According to sources close to Saylor (who asked not to be named because they probably wouldn’t get invited aboard), the bachelor boat-lover has selected one of the sexiest models ever built: the Italian-made Azimut, described as “the Lamborghini of the yacht world.” The open-deck plan sounds like th

about 19 years ago
Aker Yards and Tallink sign contract of large cruise ferry
News

Aker Yards and Tallink sign contract of large cruise ferry

Aker Yards and Tallink Grupp have signed a contract of a large cruise ferry. The vessel worth approx. 180 million euro will be delivered in spring 2009 from the shipyard in Rauma. The vessel will be a new development of the Galaxy-type cruise ferry built by Aker Yards. MS Galaxy is already operating

about 19 years ago
Odense shipyard unit posts 2006 pretax loss of 1.07 bln dkr
News

Odense shipyard unit posts 2006 pretax loss of 1.07 bln dkr

COPENHAGEN (Thomson Financial) – AP Moller Maersk’s shipyard Odense Staalskibsvaerft posted a 2006 pretax loss of 1.07 bln dkr, versus a loss of 775 mln dkr a year earlier, with the result negatively affected by rising steel prices and continuously low productivity.

about 19 years ago
Thierry Peponnet steps down from FRA 93 afterguard
News

Thierry Peponnet steps down from FRA 93 afterguard

The French boat tactician announced today that he will step down from his position and hand over to Tanguy Cariou. Former helmsman of Areva Challenge, Peponnet was replaced by Sébastien Col in July last year, and now feels an ‘important’ move was needed in the afterguard to counteract the team’s ave

about 19 years ago
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