New York Supreme Court judge Justice Martin Shulman, who is presiding over the disposal of the assets of L. Dennis Kozlowski, the imprisoned former Tyco CEO, has given permission for the sale of his yacht 130 foot Endeavour for $13.1 million. The yacht, which has been on charter through J Class Mana
Oil and gas services provider Tanjung Offshore Bhd, which moves from the Bursa Malaysia second to main board today, is seeking more contracts and forging new partnerships to build more vessels and expand its chartering business. When contacted by StarBiz, managing director Omar Khalid said on top of
California is on the verge of blazing a new environmental path with the toughest restrictions in the nation on exotic clams, crabs and other nonnative aquatic species that harm river and Bay environments, threaten water supplies and clog water pipes. State lawmakers last week sent the governor a bil
DOLPHINS, which have been observed playing in the waters off St Andrews Bay, could hold the key to whether ship to ship oil transfers can be diverted away from the Firth of Forth. Warnings that the waters off the Fife coast were at risk of a potentially devastating oil spill followed fast in the wak
Norwegian Cruise Line, unprofitable so far this year, on Thursday unveiled a contract for new ships valued at $2.8 billion. The contract calls for building two 4,200-passenger ships for $943 million each, with an option for a third ship priced at $896 million. If the third ship is built, the contrac
APB Resources Bhd said its proposed joint venture with PSC Industries Bhd (PSCI) unit Penang Shipbuilding & Construction Sdn Bhd would immediately help the group expand its oil and gas (O&G) process equipment fabrication capacity.
Portions of the old Charleston Navy Shipyard, closed a decade ago, have now been listed on the National Register of Historic Places. The Navy Shipyard Historic District includes 29 buildings and 27 structures on the north end of the former Charleston Naval Base slated for renewal as part of the Nois
Today, Thursday, 7th September saw the naming ceremony in Portsmouth of the British Royal Navy
A Marine Atlantic ferry connecting Newfoundland with Nova Scotia has encountered mechanical problems, little more than a month after its last repair. The MV Leif Ericson is expected to be out of service until Sunday because of a broken engine part. The disruption in the gulf service between Port aux
An online auction of a 123-foot long yacht owned by Rockford businessman John Martin ended Friday with no one putting in a bid, which started at $5 million. The yacht, a ship specially designed to cut through waves with reduced motion, would cost $20 million to build new Martin said. He dissolved th
Statoil has signed a letter of intent with Wavefield InSeis for the charter of two seismic vessels for the 2007 season. Statoil has secured seismic vessel capacity for the majority of its exploration programme in Norway in 2007. The group has signed a letter of intent with Wavefield InSeis for the c
Following their delivery voyage from Fremantle to Sydney via The Great Australian Bight, ninety six metres of new Austal vessels in the form of six, 16 metre Patrol Boats are now in service with the New South Wales Water Police. Austal is often recognised for the increasing size of its vessels, yet
The international shipping company bidding to take over Caledonian MacBrayne ferry routes has pulled out of a contest, the BBC has learned Isle of Man-based V.Ships’ announcement puts in jeopardy the entire Scottish Executive exercise. It announced it is withdrawing from the tender exercise for the
Moored recently at Mombasa’s Kilindini Berth No.1 was the luxury yacht M.V. ‘Octopus’. She is currently the world’s fourth largest super yacht (the third largest, ‘Rising Sun’, is owned by Larry Ellison, the CEO of Oracle) and the second largest not owned by heads of state. ‘Octopus’ is measured at
