It took longer than expected to complete delivery, but Mirgab V’s owners are delighted with their new “mega-yacht,” Burger Boat officials said Tuesday. The 144-foot, tri-deck vessel is in Newport, R.I. It will be loaded, along with several other luxury yachts, on a Dockwise Yacht Transport carrier s
Oil traders and refiners scrambled on Thursday to move prompt crude oil and product supplies from Asia to the U.S. West Coast, anticipating tighter markets with the closure of BP’s massive Prudhoe Bay oilfield. The shipments, including at least one cargo out of South Korean storage that could be in
Mitsubishi Heavy Industries, Ltd. (MHI) has completed construction of one of the world’s largest testing facilities for ultra heavy-duty compressors at its Hiroshima Machinery Works in Hiroshima prefecture. The completion ceremony was held today. The new facility can accommodate testing of compresso
On August 10 2006 the Nizhny Novgorod Teplokhod JSC (MNP Group) laid down the hull of the third dry cargo ship of 164-
Coast Guard Cutter Eagle, “America’s Tall Ship,” is scheduled to arrive 10 a.m. Friday in Boston. The Eagle will offer free public tours Friday and Saturday while moored at the Integrated Support Command, located at 427 Commercial St. Tours of the 295-foot three-masted sailing vessel will be availab
TBS International Limited (NASDAQ: TBSI), an ocean transportation services company that offers worldwide shipping solutions through liner, parcel and bulk transportation services, announced today that it has reached an agreement to sell the M.V. Dakota Belle. The M.V. Dakota Belle is an 18,576 dwt m
China National Offshore Oil Corporation has signed an agreement with the Chinese subsidiary of Canada’s Husky Oil Limited to explore deepwater areas of offshore China, CNOOC announced Wednesday. The Hong Kong- and New York-listed company said the targeted areas include three blocks; one in Eastern S
Hanjin Shipping announced its earnings for the first half of 2006. The total sales marked KRW 2.92 trillion and operating income KRW 53.1 billion. The US dollar revenue rose 6.2% driven up by the steady rise in the container volume. The Korea Won revenue also increased 0.8% year-on-year, a noteworth
The Port of Corpus Christi plans to commit $83 million to develop a new container terminal along the Gulf Coast. The Port of Corpus Christi is in negotiations with Dragados-S.P.L. in Madrid, Spain, toward a definitive construction and long-term concession agreement for the La Quinta Trade Gateway Co
The United States may have more difficulty capturing terrorists, intercepting weapons of mass destruction and conducting routine military operations at sea if the U.S. Senate ratifies the Law of the Sea Treaty, according to a just-released report by The National Center for Public Policy Research. Th
Following the lapse of the legal deadline of August 2 for demerging its offshore division, the Great Eastern Shipping Company Ltd has now said it will apply to the Bombay High Court to extend the date for the demerger. In a filing on the Bombay Stock Exchange, GE Shipping said that the board at its
THE number of cruise ship passengers arriving into the island between the first six months of this year has dropped by 17 per cent when compared to the same period in 2005. This comes despite the fact that the number of ships coming into the port has increased from 240 to 272, or 13.3 per […]
Cochin Shipyard Limited (CLS) launched three vessels on Wednesday at a brief function held at the Shipyard. The vessels were: a bulk carrier for Clipper group of Bahamas, a fire-fighting tug for ATCO Saudi Arabia, and a platform vessel for Deep Sea Supplies of Norway. The flooding of the dock was co
The traditional launch of the schooner Isabella is set for Sunday, Aug. 13 at high tide (approximately 3 p.m.) at the Burnham Boatyard, Burnham Court, adjacent to the Essex Shipbuilding Museum. Master shipwright Harold Burnham and his crew will launch the 38-foot custom built two-masted schooner usi
