A little less than a month after the debut of the new flagship Costa Concordia, christened on July 7 in Civitavecchia, the fleet expansion programme of Costa Cruises has taken another important step forward. A ceremony has taken place today at Fincantieri
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), announced today that it has finalized a $1 billion contract with U.S. Shipping Partners L.P. (NYSE: USS) to build nine product carrier tankers. The contract includes options for five additional ships. Construction of
The retired navy frigate HMNZS Canterbury will be sunk as a dive attraction in Deepwater Cove at Cape Brett in the Bay of Islands. Defence Minister Phil Goff said today the Government had looked at selling the ship for scrap but the country would get greater economic benefit if it was sunk as a dive
Universal Guardian Holdings, Inc. (OTCBB: UGHO), an emerging global leader in non-lethal protection products, integrated transportation and global supply chain security systems and strategic security services to protect against terrorist, criminal and security threats to governments and businesses w
In less than a year, Royal Caribbean International`s Freedom of the Seas, the cruise ship holding the title “world`s largest,” will have to share her designation with her new younger sister. With her hull now complete, Liberty of the Seas, under construction at Aker Yards in Turku, Finland, reached
The Englishtown Ferry in Cape Breton, N.S., could be back in operation by Tuesday, after a cable snapped on the weekend and gave about 20 passengers an unexpected adventure. Officials said Monday that they hoped the ferry would be ready to resume service on Tuesday. The cable used to tow the ferry a
Louisiana is mining a new type of black gold: Mississippi River mud. A pilot project at the river mouth shows how the hurricane-ravaged state may be able to rebuild its vanishing coast with fertile river bottom soil now dumped by dredges into the ocean. Louisiana continuously clears the bottom of th
At 2039 hrs on Monday 7th August, just two and a half hours into the race, the Ker 11.3 MoonraKer was forced to retire from the Sevenstar Round Britain & Ireland Race due to a complete failure of her steering gear as she rounded the turning point of Bembridge on the Isle of Wight. In […]
As the Stars were halfway through their first race today, so the larger keelboats set sail on the first race of the IMS Offshore World Championship, forming the other half of Rolex Baltic Week. Separate starts took place for the two IMS Divisions, who today race their offshore race, an overnighter o
PORT ARTHUR – Dredging to make room for deep-water ship berths needed for new liquefied natural gas terminals will lead to a side benefit of stronger wetlands a few miles west in an area popular with fishermen and duck hunters. With the addition of the Golden Pass LNG terminal, which started constru
Under a government plan to phase out inner-city ports, a southern company last Friday received an investment licence to develop the US$249 million Hiep Phuoc Container Port in Nha Be outlying District. The licence was handed over by chairman of the HCM City People
Prime Minister Nguyen Tan Dung said he supports the ongoing study of a US$1.2 billion deep-water port in northern Quang Ninh province while touring industrial sites in the province Sunday. Dung said during his visit that Quang Ninh should develop a system of deep water ports, industry, urbanization
Aker Floating Production ASA has through its wholly owned subsidiary Aker Contracting FP AS entered into a 180 day contract with Koch Shipping Inc., USA for its vessel `Aker Smart 3` (previously `Oriental Tiger`) to serve as an anchored floating storage unit in Malaysian waters. The contract has opt
The Government of Dubai and Dubai Petroleum Company (DPC) today announced a joint agreement that will change the operating agreements for Dubai offshore oilfields. Effective April 2007, DPC will end it’s role as operator, marking the end of Dubai’s first offshore oil concession and the beginning of
