Volvo Ocean Race has taken up the challenge of the new series of Extreme 40 events to be sailed across Europe this summer and has confirmed an entry in the iShares Cup. “We are delighted to be continuing our partnership with the boat’s manufacturer, TornadoSport,” said Volvo Ocean Race Chief Executi
Operator Statoil is preparing to shoot seismic in Libya. During the year, around 2,000 kilometres of 2D seismic will be gathered from the Kufra licence in the south-east of the country.
Bookrunner Deutsche Bank will market the offshore-targeted dong deal on the basis of strong government support for the shipping firm. Initial price guidance is set at 9.25%-9.50%.
‘Let it Be’ is a full displacement vessel, with a length of 47 meter. The hull is made of steel and the superstructure is aluminium. The two MTU engines can take it to a topspeed of 15,5 knots.
Graham Dalton’s ‘A Southern Man- AGD’ has lost her lead keel bulb. Dalton discovered the bulb was missing shortly after leaving Fortaleza Harbour.
Liverpool could become the country’s major gateway for container trade with the United States as plans for a new shipping terminal have been approved.
NORTHERN Gold Coast marina will become the largest in Australia if Gold Coast City Council next week approves a $500 million expansion. Included in the plan will be a 33.5ha water body with 1350 wet berths, a yacht club, a main street with a mix of commercial and retail shops as well as warehouses a
The Republic of Korea’s STX Group has got approval from the Vietnamese government to set up a wholly foreign-owned shipyard in central Vietnam.
Despite having previously threatened to cancel, on March 12, 2007, the Aurora arrived at Nha Trang port, though it had to stay outside the port and use other means to bring passengers ashore.
Atlas Copco has completed the acquisition of the business of GreenField, based in Switzerland. The company is engaged in high pressure gas applications, mainly compressed natural gas (CNG) for natural gas vehicles. The turnover of GreenField is approximately MSEK 270 (MEUR 30) and it has around 200
SFL – Acquisition of three newbuilding seismic vessels and 12 year charters to SCAN Geophysical ASA. Ship Finance International Limited (NYSE:SFL) (“Ship Finance” or the “Company”), today announced that it has agreed to acquire three new building seismic vessels from SCAN Geophysical ASA (“SCAN” or
The crew of a Panamanian-registered ship are refusing to sail from Belfast in a row over pay and conditions, a union has said. Among the complaints of the Filipino crew of the Naxos are claims that the ship leaks in heavy seas.
BRUSSELS, Belgium: France’s two main warship makers, DCN and Thales SA, won EU approval Tuesday to combine their shipbuilding businesses, boosting the prospect of wider consolidation in Europe’s fragmented naval sector.
As previously reported in July 2006, Frontline Ltd. (‘Frontline’ or the ‘Company’) has been granted 2 + 2 options for 156,000 dwt Suezmax newbuilding contracts at Jiangsu Rongsheng Heavy Industries Group Co. Ltd. in China. The Company has now exercised two of these options. The vessels will be deliv
