Ship building has emerged as a favourite investment option for corporate India. Lured by the flood of orders in shipyards across the world and the 30 per cent subsidy element, quite a few big companies have queued up to enter the booming ship repair and building business.
Even before her 2004 launch, the L
A fire in a research vessel off the Louisiana coast was extinguished Saturday, a day after the U.S. Coast Guard rescued 40 people from the ship. The fire was out at 1:20 p.m., and the safety zone around the 175-foot Odyssey Voyager was canceled about an hour later, Petty Officer Susan Blake said. Th
The search for fishing vessel F/B St. Mary, a dinghy and six other people who were reported missing since Wednesday continues today even as hopes they would be found were dampened by continuous stormy weather across the country. The four survivors plucked out of the waters off Lazi town in Siquijor
A fishing vessel and a tug boat have been involved in a collision off the shore of a Cornish town. Coastguards said no-one was hurt in the incident just off Looe at about 2230 BST on Saturday, and that the damage to both vessels was superficial.
U.S. and Italian shipyards are favoured to win tenders to build 19 ships and patrol boats for the fledgling Iraqi navy to enable it to take over security of Iraq’s vital off-shore oil terminals, a naval official said. Commodore Thamir Nasser said 15 patrol boats, four corvettes and two off-shore sup
St. Louis County Undersheriff Dave Phillips’ efforts to photograph the inside of the sunken cruiser USS Houston have been halted by the Navy before he could get his remotely controlled underwater camera into the ship. The photos of the ship, sunk by the Japanese during World War II, were for the USS
BP yesterday took the decision to continue production from the Prudhoe Bay western operating area (WOA), following review of new inspection data of pipelines in this area and after extensive consultations with state and federal regulators. Current production is about 150,000 barrels of oil and natur
On Saturday 12 August 2006 Odense Steel Shipyard presented its latest newbuilding, an 11,000 TEU container vessel, for the A.P. Moller – Maersk Group. Mrs Ane M
CHENNAI: A rig used in offshore hydrocarbon exploration and to be deployed in the sea between Cuddalore and Nagapattinam has come to the Chennai port. The massive equipment, shipped from the U.S. by Aban Offshore, had to be brought to Chennai port’s outer harbour following the sea’s turbulent condit
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Saigontourist welcomed 700 tourists and crew members from the Super Star Gemini, a cruise ship of the Star Cruises, at Saigon Port on August 10. This was the ninth cruise out of 15 cruises that the Star Cruises plan to make to Vietnam this year.
Proposed federal speed limits for large ships to prevent collisions with endangered whales were applauded by conservationists yesterday at a public hearing in Baltimore. Shipping industry representatives expressed concern that the envisioned speed limits of 10 to 14 knots – which would affect ships
China needs to drastically expand its supertanker fleet to safeguard the security of its oil supplies, sources said Friday. China is now the world’s second largest crude oil importer. Imported crude accounts for 43 percent of its consumption. But over 90 percent of its imports are currently transpor