A South Korean cargo ship with 11 international crew members on board disappeared in the sea off the Japanese coast Wednesday amid bad weather conditions, the Korea Coast Guard said.
Samsung Heavy Industries Co., the world’s second-largest shipbuilder, said Wednesday that it has received a US$400 million order to build a floating production storage and off-loading ship for an unidentified shipping company in Norway.
A north Devon shipyard has won a new contract, securing 200 jobs for at least two years. A multi-million pound steel superyacht will be made at Appledore before being sailed to Devonport for completion.
Cargotec has made an agreement to acquire Indital Construction Machinery Ltd. (Indital) a company based in Bangalore, India. The acquisition creates manufacturing presence in India for Cargotec and supports the growing sales activities of all three of Cargotec’s business areas. Indital has its manuf
Vietnam’s two leading maritime giants have clinched a memorandum of understanding to develop the national ship fleet at total cost of US$2.3 billion by 2015. Under the deal signed last week between Vietnam Shipping Lines (Vinalines) and Vietnam Shipbuilding Industry Group (Vinashin), Vinalines order
HMS Dauntless, the Royal Navy’s newest Type 45 destroyer, has been launched at BAE Systems’ shipyard in Govan on the Clyde, as part of a ?£6 billion defence investment programme by the MoD. HMS Dauntless is the second of the new Type 45 class of anti-air warfare destroyers to be launched by BAE in t
Whites International Yachts (Mallorca) is pleased to announce that the Association of Brokers and Yacht Agents (ABYA) Committee has recommended our election as a Full Broker Member and that the Yacht Brokers, Designers & Surveyors Association (YBDSA) Council has been notified of this.
Knightsbridge Tankers Limited (the “Company”) reports net income of $9.2 million and earnings per share of $0.53 for the fourth quarter of 2006. The average daily time charter equivalents (“TCEs”) earned by the Company’s five VLCCs was $41,700 compared with $52,900 in the preceding quarter. The decr
This year’s Dubai International Boat Show (DIBS), the most important marine event in the region, looks set to feature some of the world’s best yachts. Superyachts more than 25 metres long and offering luxurious facilities including state-size dining rooms, gyms and spa-baths will be among vessels ai
An Italian design company known worldwide for its yacht components will be building a production facility in eastern P.E.I., creating 100 fulltime jobs. Opacmare of Rivalta, Italy, had originally planned to open its North American production facility in Florida. Those plans have been scuttled and th
The 2007 Miami International Boat Show and Strictly Sail Miami, the largest South Florida boat show, will feature luxury yacht brokerages from around the world, including Fraser Yachts Worldwide. The 2007 Miami International Boat Show, anchoring in South Florida on Thursday, February 15th thru Monda
Mr. Zahara Saputra, representative of the Indonesian customer, pushed the button of the computer-controlled plasma torch for the construction of vessel no. 24 for the Republic of Indonesia. The cutting of the first steel plate hallmarked the start of construction of the new ship.
The largest mega yacht marina facility on the west coast of the Americas will soon put down anchor at “Porto Hussong” in the port city of Ensenada, Baja California, providing much-needed and long-awaited slips for luxury mega yachts. In addition to the coastline condominiums and boutique hotel, the
A 205-meter long luxury cruise ship Albatross moored to Benoa port in Indonesian island resort of Bali for the first time on Tuesday, local port official HB Harahap said overnight. “Sailing under German flag with 596 tourists and 518 crews on board, Albatross is a huge, luxury cruise ship to moors t
