Gulf Craft Inc, the Middle East’s largest boat and yacht builder, has launched a dedicated mobile service team for its local and international clients to ensure their luxury yachts are always ready for action.
The shareholders of Grand Harbour Marina are each offering for sale to the general public 30 per cent of their shareholding in the company. The share offer amounts to three million ordinary shares of a nominal value of 10 cents each, to be sold at the share offer price of 70 cents per share. The [&h
Vietnam National Shipping Lines (Vinalines) plans to expand its fleet of ships so it can transport 2.6 million tonnes of cargo by 2010, said Vinalines general director Duong Tri Dung during the company’s annual general meeting on Wednesday Dung said Vinalines would continue to invest in building new
LED underwater lights from Queensland, Australia-based Aqualuma Underwater Lighting have quickly developed a “shining” reputation for their brightness, low energy use and rugged, seaworthy design — which is why many of the world’s best known yacht manufacturers now offer them as standard or optional
A fleet of 70ft catamarans will form the basis of a brand new international sailing event which will begin in 2009. At a press conference in Lisbon, Russell Coutts and Paul Cayard announced their collaboration with Portuguese sports promoter, João Lagos, to create the new annual global sports series
The A.P. Moller – Maersk Group has today sold Codan Gummi A/S and its subsidiaries to Italian owned Maflow Group. Codan Gummi develops, produces and sells high-technological rubber hoses, mainly to the car industry. The Codan Gummi Group employs around 900 people, including 225 in Denmark.
The Cambodian port of Sihanoukville has given a warm welcome to a visit from the US Navy. It is the first time since the Vietnam war that an American warship has docked in Cambodia. The arrival of the USS Gary is a symbol of the closer military and political ties between the two states and […
A flag of convenience ship carrying volatile ammonium nitrate is being towed back to Newcastle after its engine room caught fire. The Australian Transport Safety Bureau said the engine or wiring of the Bahamas flagged Baltimar Boreas had caught fire, disabling the ship, after it left the Newcastle P
Two protesters spent seven hours lost in the icy waters of the Antarctic, at one point lashing their damaged boat to an iceberg after a dramatic clash with a Japanese whaling ship. Activists with the Sea Shepherd Conservation Society finally tracked down the Japanese fleet near the Ross Sea early on
We herewith inform you that the net profit for 2006 will amount to approximately EUR 75 million. This is almost twice the net profit compared to the year 2005 (EUR 38.3 million). The expected net profit, which was announced on 26 October 2006, was estimated to be at least EUR 62 million.
A2SEA A/S has announced that it has acquired the Jumping Jack installation barge and related assets from Dutch offshore contractor Mammoet Van Oord B.V. for an undisclosed price.
Transas Norway AS and it’s Norwegian-based agent Oddstöl Electronic, has today been identified as the partnership which will supply and install Simplified Voyage Data Recorders (S-VDR) to Anders Utkilens Rederi based in Bergen, Norway.
A 2,000-year-old log boat discovered buried in mud is to be put on display after a 10-year restoration project. The Iron Age vessel was found in 1964 during dredging work in Poole Harbour and members of York Archaeological Trust restored the water-logged timber.
The UK’s highest court is expected to take up to five weeks to deliver a decision on a long-running fishing dispute between Guernsey and Jersey. The argument hinges on a decision by Guernsey to make non-local fishermen apply for licences to fish between the three and 12-mile limits of its waters.
