Norwegian authorities on Friday ordered the Eirik Raude to remain shut down until the cause of its third spill into ecologically fragile Arctic waters since February has been investigated. The rig, owned by the Ocean Rig group and drilling for the Norwegian oil company Statoil ASA, was voluntarily s
Portsmouth Naval Shipyard in Kittery is the more vulnerable of Maine’s two military bases, according to the consensus of defense experts. It’s the Navy’s lead maintenance shipyard for the Los Angeles class nuclear-powered submarine, a fast and nimble boat that forms the bulk of the Navy’s nuclear-po
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, won orders valued at $850 million from Germany for 10 container ships.Daewoo Mangalia Heavy Industries SA, the Romanian unit, received orders from Hamburg Sud for six vessels able to carry 5,200 standard 20-foot co
Wang Chaoyong, chairman of China Equity Investment and Xavier de Lesquen, co-founder of Le Defi, a French Sports management company, plan to set up a joint venture that will open the way for China to participate in the America’s Cup for the first time in 2007. The leading Chinese venture capital inv
Following an agreement reached between Qeshm Free Trade Zone and United Arab Emirate
Team New Zealand skipper Dean Barker beat former boss Russell Coutts in the final of the Congressional Cup in California yesterday in their first encounter since the disastrous America
The Borneo Cup Yachting Challenge 2005 is the first truly International yachting event to be held off Borneo’s northwestern shores. A joint effort by two East Malaysian States of Sarawak and the Federal Territory of Labuan to hold sporting tourism events that showcase what their magnificent region h
Another ship designed exclusively for younger cruise holiday passengers is to come into service next year. Ocean Village
Gulf Maritime 2005, the Middle East’s premier exhibition and conference for the commercial, government and military maritime trade, will get under way at Expo Centre Sharjah on Monday, April 18, 2005. Held under the Patronage of Sharjah Crown Prince and Deputy Ruler Sheikh Sultan Bin Mohammed Bin Su
The Port of Olympia reported its first operating profit in eight years last year. The $825,061 profit is cited in a new report to commissioners comparing last year’s financial results with 2003. The port’s growing marine terminal is the major reason the port made money, according to the report. The
Experts from eleven countries, including Yemen, called on the region
A seven-story wave damaged a cruise ship returning from the Bahamas over the weekend, smashing windows, flooding more than 60 cabins and injuring four passengers. The Norwegian Dawn was diverted from its route when the ship ran into rough weather on the way back to New York on Saturday. The 965-foot
Four luxurious passenger and cruise ships including the Queen Mary 2 and the Queen Elizabeth 2 will abandon Manhattan and begin docking in Brooklyn next year. Carnival Corp. will move the berths of the four ships to a huge pier the city is redeveloping in the Red Hook section, city and company offic
A menu from the Titanic is among a selection of rare artefacts from the ill-fated ship which are going up for auction in America. A gold pocket watch which stopped ticking in the Atlantic will also be on sale, as will a poster promoting the ship’s return trip from New York. Thursday marks the 93rd [
