The largest yacht in America—the 453-foot Rising Sun owned by Oracle CEO Larry Ellison—will soon be able to sail and dock in New England waters.
A 164-foot yacht. A giant Ferris wheel. A watch with four faces. These are just some of the arresting innovations that captured judges’ and spectators’ imaginations in the 10th annual SolidWorks Design Contest. Eleven winners took home more than US$150,000 in prizes and were spotlighted at the Solid
With the fluctuating exchange rate of the Euro, Americans looking to get the most for their money while traveling in Europe will appreciate the value of cruises. With only minimal shoreside expenses such as souvenirs, consumers have found that planning a cruise is a proven money-saver as well as a s
Chinese engineers on Monday began a 112-day series of controlled explosions to clear a series of reefs that have hampered shipping on the lower reaches of the Yangtze River. The operation near Anqing City in Anhui Province, east China, will clear the 26-km Taiziji section of the river, where reefs m
BP announced today that it has agreed to purchase Chevron’s Netherlands manufacturing company, Texaco Raffinaderij Pernis B.V., for around $900 million, excluding working capital and hydrocarbon inventory. As a result of the deal, BP will acquire Chevron’s 31 per cent minority shareholding in the Ne
Ministers have come under pressure over the crisis at Ferguson shipyard, where up to 99 jobs could be lost. The Scottish National Party, the Tories and the STUC said ministers must take responsibility for any job losses in Port Glasgow.
High winds in the North Sea caused the closure of two out of three terminals at the region’s main container port.
Environment Agency Wales has apologised for putting up signs for anglers in English and Polish – but not in Welsh.
Stena Bulk finished yet another successful year with a profit of almost SEK 1 billion on sales of approx. SEK 4.5 billion. With a deployed fleet of 60 vessels totalling more than 6 million dwt, Stena Bulk is the largest tanker shipping company in Sweden. The company has a market share of 40% in the
Contracting work to evacuate gas from RIL’s find in the KG basin is under way. Dutch dredging company Royal Boskalis Westminster and the Belgium-based Dredging International (DI) have floated a 50:50 joint venture to set up a trench for pipelines to an offshore gas field KG-6 in Bay of Bengal from R
As the yachts get bigger and more numerous, the Caribbean is running out of parking space. The answer to this invasion of the so-called megayachts? Megamarinas. From the Bahamas in the north to St. Lucia in the south, island governments and entrepreneurs in the Caribbean and western Atlantic are dev
The largest yacht in America—the 453-foot Rising Sun owned by Oracle CEO Larry Ellison—will soon be able to sail and dock in New England waters. Today, O’Neill Properties Group announced its plans for The Newport Club, 44.5 acres of picturesque waterfront property on Aquidneck Island, plus 100 acres
DNV sails away with 50 per cent market share of new shipbuilding contracts in Middle East & India. Det Norske Veritas (DNV) a leading international provider of services for managing risk has announced that it has won more than half of all new shipbuilding contracts for owners from within the Middle
Aker Yards has entered into a contract with DOF ASA for building of two AHTS vessels, and an option to build another two vessels. The value of the contract is approximately NOK 750 million per vessel. The vessels are Anchor Handling Supply Vessels, based on the Aker design AH 04. Delivery is schedul
