We are pleased to announce that Vroon, together with the Management of Marine Projects International, Ltd., of Middlesbrough, U.K., (“MPI”),has acquired all shares in MPI as well as the ownership of the MV Resolution.
Crude oil futures were lower on Friday after company and government officials suggested at a Paris conference that production at a 120,000 barrel a day offshore Nigeria oilfield would resume next week.
THE super-rich will be the only tourists likely to enjoy Queensland’s newest and most luxurious superyacht, unveiled yesterday. The $30 million 40m Seafaris will be based in Cairns and has a weekly rental of $US119,000 or, in local currency, $163,000.
Letters of intent worth some NOK 1.6 billion, including options, have been awarded by Statoil to the M
Larsen & Toubro (L&T), has all set to explore the possibility of setting up a mega ship-building faciliy in the State. L&T chairman would meet the Chief Minister Mr.Y.S Rajasekhara Reddy and put forth to him the company’s requirements
A large amphibious landing ship from Russia’s Black Sea Fleet will participate in multinational exercises on the Black Sea later this month, a naval spokesman said Thursday.
The Pritzker family put Triton Container International Ltd., a Bermuda-based shipping-container company, up for sale, seeking as much as $2.5 billion, three people familiar with the matter said.The Pritzkers hired Goldman Sachs Group Inc. to find a buyer for Triton
A replica of the first European ship to visit Australia 400 years ago has set off on a year-long voyage in the footsteps of 17th Century sailors.
At the 2200GMT poll last night it appeared as though movistar had broken through into the south easterly trade winds and it was confirmed by the 0400GMT poll this morning. In the intervening period the rest of the fleet broke through and all are now reaching with the true wind on or just forward of
Atlas Copco, in partnership with marine specialist Hamworthy Gas Systems, has received a major contract for the liquid natural gas (LNG) market. The Atlas Copco part of the total contract is worth approximately MSEK 140 (MEUR 15). Delivery is set for the first half of 2007.
State ferry authorities say population and job growth in the central Puget Sound area are expected to reverse a recent trend and increase ridership on their vessels by 70 percent over the next 25 years and require spending an additional $400 million on new boats.
Burning Giovanni tanker in Kaliningrad has supposedly sprang a leak. As a REGNUM correspondent was told by rescuers from the Emergency Ministry, who at this moment continue extinguishing fire at the vessel, a large slick appeared near the tanker.
Fire on the Russian tanker Jivanna at the Kaliningrad shipyard Yantar has been localised and extinguished, the Russian Emergency Situations Ministry
Instead of launching nuclear warheads that could travel more than 4,000 miles, the refitted sub can now deliver as many as 66 special forces troops close to a target.
