Knightsbridge Tankers Limited (the “Company”) reports net income of $14.5 million and earnings per share of $0.85 for the third quarter of 2006. The average daily time charter equivalents (“TCEs”) earned by the Company’s five VLCCs was $52,900 compared with $42,800 in the preceding quarter. The thir
Navy divers probed the murky Hudson River on Tuesday to figure out how to free the USS Intrepid from the mud that has stranded the World War II ship at its Manhattan pier. Crews are working around the clock to remove the mud, including digging a 35-foot trench on one side of the ship, according [&he
A fast, ocean-going yacht sailed by an all-woman crew will be part of the record number of entries at the Phuket King
City and county officials, as well as environmental groups have long fought cargo development at Berth 4, saying it’s against the county’s comprehensive and port master plans. They want to see commercial development, including a mega-yacht industry and a Ritz Carlton hotel developed on the property.
“Casino Royale,” scheduled to be released in theaters Nov. 17, is based on Ian Fleming’s 1953 novel of the same name about British secret agent James Bond. This new “Casino Royale,” stars Daniel Craig as legendary secret agent, 007. On Nov. 4, “Casino Royale” was also a floating kickoff party held o
Sri Lankan Navy on Tuesday destroyed a large trawler of the Tamil Tigers that carried massive quantities of arms, ammunition and explosives in the northwest coast of the country, said the military.
Technip and Subsea 7 announced today that their Australian entities, Technip Oceania Pty Ltd and Subsea 7 Australia Pty Ltd, have been awarded a subsea EPIC installation contract by BHP Billiton Petroleum Pty Ltd for the Stybarrow Development Project. Located in approximately 800 m of water off the
A state research vessel accidentally killed a humpback whale in Prince William Sound. Officials with the Alaska Department of Fish and Game say the whale became entangled in a net being used in herring research and drowned.
The Coast Guard has responded to a disabled 65-foot fishing boat with four to five crew members on board that apparently had been adrift for several days. The fishing vessel was about 80 miles east of O’ahu this morning.
Cargotec
MARITIME AND COASTGUARD AGENCY News Release (Press Notice No: 410_06) issued by The Government News Network on 14 November 2006 This Wednesday at 0930 the MCA will present amendments to the Large Yacht Code at the first Global Super yacht Forum at the Amsterdam RAI Exhibition Centre.
A shipwrecked first-century vessel carrying delicacies to the richest palates of the Roman Empire has proved a dazzling find, with nearly 2,000-year-old fish bones still nestling inside clay jars, archeologists said yesterday.
India’s booming economy and its potential continue to attract big-ticket business groups. The latest one to drop anchor on the Indian shores is Germany-based Peter Dohle group, one of the world’s largest privately held shipowners. The group owns about 100 vessels and controls another 240 ships. It i
A production sharing agreement (PSA) has been signed for block 15/06 off Angola, giving Statoil a 5% interest in the deepwater block. The PSA was signed by Statoil and Angolan national oil company Sonangol, the latter being the 15/06 concessionare. Angola is a key country to Statoil and the group ha
