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Moscow’s wealthy elite push the boat out
News

Moscow’s wealthy elite push the boat out

The scenery is grey, the sun pokes through the clouds for a few weeks a year and the rivers freeze over in winter, but Moscow is emerging as one of the world’s most unlikely yachting capitals. For the city’s wealthy elite, a Bentley, a top-of-the-range BMW or a Hummer is yesterday’s fashion toy, and

about 20 years ago
Sime to Sell Stake in S’Pore Shipbuilder
News

Sime to Sell Stake in S’Pore Shipbuilder

Sime Darby Bhd has decided to sell its entire stake in a Singapore-based shipbuilder to focus more on its core businesses comprising plantation, heavy equipment, motor vehicle distribution and property. The group on Friday agreed to sell its 29.3 per cent stake in Jaya Holdings Ltd for S$301.1 milli

about 20 years ago
British Royal Navy ship wraps up visit to Shanghai
News

British Royal Navy ship wraps up visit to Shanghai

The British Royal Navy ship “HMS WESTMINSTER” left here on Monday morning, concluding a five-day visit to the city. Shen Changkang, deputy commander of the Shanghai naval base, held a send-off ceremony for the ship.

about 20 years ago
MOL Establishes Logistics Subsidiary in China
News

MOL Establishes Logistics Subsidiary in China

Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced the start of operations by MOL Consolidation Service Ltd., a new subsidiary handling ocean consolidation business (OCB) in China.

about 20 years ago
BP Makes Eleventh Oil Discovery in the Ultra-Deep Water Block 31 Angola
News

BP Makes Eleventh Oil Discovery in the Ultra-Deep Water Block 31 Angola

Sociedade Nacional de Combust

about 20 years ago
Production Begins at East Azeri in the Caspian Sea
News

Production Begins at East Azeri in the Caspian Sea

The Azerbaijan International Operating Company (AIOC), operated by BP, today announced the start-up of oil production from the East Azeri platform four months ahead of schedule. East Azeri completes Phase 2 of the Azeri-Chirag-Gunashli (ACG) field development in the Azerbaijan sector of the Caspian

about 20 years ago
UK royal survey ship visits Vietnam
News

UK royal survey ship visits Vietnam

UK Royal Naval survey ship HMS Echo with 54 officers and crew members aboard anchored at Ho Chi Minh City port Saturday for a goodwill visit. Captain, Lieutenant Commander Jeremy Churcher and crew members will lay a wreath at Ho Chi Minh President monument, and pay courtesy visits to leaders of the

about 20 years ago
Judge Dismisses Lawsuit in Cruise Ship Death of George Smith
News

Judge Dismisses Lawsuit in Cruise Ship Death of George Smith

A Miami judge has dismissed a lawsuit filed by the family of a Connecticut man who disappeared from the cruise ship Brilliance of the Seas while on a honeymoon cruise in the Aegean Sea. Judge Jon I. Gordon granted a motion dismissing the lawsuit filed by the family of George A. Smith IV, faulting Ro

about 20 years ago
Monaco transactions set tone on eve of Fort Lauderdale boat show
News

Monaco transactions set tone on eve of Fort Lauderdale boat show

It’s a world in which some vessels that were shown a month ago in Monaco were sold just as brokers in Palm Beach were polishing the chrome for the world’s largest look-see. The Fort Lauderdale International Boat Show opens Thursday and continues through Oct. 30. According to industry experts, the sc

about 20 years ago
Italy holds fishing boat migrants
News

Italy holds fishing boat migrants

More than 400 suspected illegal immigrants have been detained off the southern Italian island of Lampedusa, coast guard officials say. The suspected illegal immigrants crossed from Libya in a fishing boat. The boat was intercepted after one of the immigrants used a mobile phone to contact the Italia

about 20 years ago
Lifeboat rescues anglers at sea
News

Lifeboat rescues anglers at sea

A small boat which was drifting towards a massive car carrier after developing engine trouble off the Tyneside coast was helped to safety by lifeboat crews. The 30ft (9.1m) Alna had sailed from North Shields with six anglers on board when the engine failed out at sea. The vessel was drifting close t

about 20 years ago
Customs ship in eight-day rescue
News

Customs ship in eight-day rescue

AN Australian Customs ship patrolling the Southern Ocean has completed an eight-day rescue after being called to help two critically ill men stranded in remote areas. The ship Oceanic Viking travelled 1800 nautical miles to rescue a man on the French-controlled Kerguelen Islands, which are midway be

about 20 years ago
VIETNAM:The shipbuilding industry
News

VIETNAM:The shipbuilding industry

Vietnam has around 60 shipbuilding and repairs companies owned by Ministry of Transport, Ministry of National Defense, Ministry of Fisheries and the local provinces. VINASHIN is the dominating corporation with over 30 member companies involved in shipbuilding activities. The current growth rate in s

about 20 years ago
Four fishermen rescued clinging to wreckage
News

Four fishermen rescued clinging to wreckage

The US Navy has rescued four Filipino fishermen found clinging to the wreckage of their vessel after four days at sea, officials and survivors said Friday. An ABS-CBN Regional News Group report identified the fishermen as Jimmy de Gracia and Raymond, Giovanni and Andrew Sumandal.

about 20 years ago
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