Despite the US navy’s seizure in Somalia last week of a suspected pirate vessel , Pirates have again hijacked yet another merchant ship off the coast of lawless Somalia.Maritime officials said on Wednesday.
After a well-deserved holiday break, BMW ORACLE Racing team are ready to get back to business in Valencia.
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Supercavitation refers to a process of displacing water around a submerged vessel so that it travels in a gaseous or vaporous cavity. Theoretically, that can be done either by propelling a blunt-nosed vessel at a very high speed — its nose forces the water out of the way — or by injecting gas into a
San Ramon-based Chevron Corp. (CVX), said its subsidiary Cabinda Gulf Oil Co. Ltd. began pumping oil from the Belize Field, a deepwater field 50 miles offshore from Angola, a country on the Western coast of Africa.
Passengers on board the luxury liner Queen Mary 2 have initiated a mass lawsuit against the ship’s operator. The operator has offered to refund half the cost of the cruise after it revised its itinerary following an accident.
At least nine people were killed when armed men stormed the offices of Italian oil company Agip in Port Harcourt in southern Nigeria, in an apparent robbery.
The Carbon Trust – an independent company set up by Government to help the UK meet its climate change obligations – said in a report that this type of power could become cost competitive with conventional and other renewable types of energy generation in the long term.
Hyundai Corporation has won contracts totaling $330 million to build 28 ships through its shipbuilding arm in China.
Northrop Grumman on Tuesday posted a better-than-expected fourth-quarter profit and lifted its earnings outlook for the year ahead, despite a delay in the U.S. defense budget that cut into the No. 3 Pentagon contractor’s orders.
all commercial ships, except for a few exceptions, fly the flags of foreign nations. Therefore, the ships are registered in a foreign country, revenues are earned when sailing in international waters and the U.S. government has no claim to tax these entities.
The four major shipbuilding bases in Shanghai manufactured 71 ships in 2005 with a total value of RMB 17.14 billion, up 15.4% year-on-year, according to Shanghai Economic Commission, citing sources from Shanghai Shipbuilding Industry Co.
Keppel FELS Limited (Keppel FELS) has received notice from Sinvest ASA
MacGREGOR is supplying RoRo access equipment worth close to
