CMB confirms that Bocimar International has sold the Capesize vessel Mineral Viking (2001- 172,964 dwt). The net sale price amounts to USD 42 million. At the time of delivery of the vessel, scheduled to take place at the end of April 2009, a capital gain of approximately USD 15.6 million will be rea
The Sanlorenzo shipyard has chosen Francesco Paszkowski Design for the interiors of a new 44-meter steel displacement yacht. The layout has been planned with long voyages in mind. In a contemporary style, the décor is based on the harmony and contrast between forms and colors. After the success of t
Abu Dhabi based National Petroleum Construction Company Ltd. (NPCC) has awarded Dutch design office Ulstein Sea of Solutions the Basic Design contract for their new large derrick pipelay vessel DLS-4200. The new vessel will be one of the biggest vessels of its kind, combining S-lay double joints pip
New technologies in ship design will deliver economic benefits if energy efficiency is taken into account. With an optimized hull, substantial savings in fuel can be achieved together with corresponding reductions in the emission of CO2, SO2 und NOx. Now, the software company Friendship Systems, a m
Somali pirates hijacked a U.S.-flagged, Danish-owned container ship on Wednesday with 20 American crew on board in the latest of a sharp rise in attacks off the Horn of Africa nation, officials said. The 17,000 tonne Maersk Alabama had been seized off Mogadishu far out in the Indian Ocean, but all i
Fishermen who gambled on building boom join masses on move due to downturn. Sakthikulangara means “the coast of strength” in the local language. But the hundreds of migrant workers in this fishing village in India’s southern state of Kerala who have been forced to return home from the Gulf in recent
The dredger Queen of the Netherlands has returned to Melbourne waters to complete the controversial A$1 billion deepening of Port Phillip Bay. The controversial project dredging 23 million cubic metres of rock, sand and toxic silt from the bay will allow super-sized container ships with a draught of
Somali pirates have seized a British-owned cargo ship and a Taiwanese ship, maritime officials say, after capturing three other vessels over the weekend. The UK-owned Malaspina Castle was boarded in the Gulf of Aden, while the Taiwanese ship was seized near the Seychelles, according to reports. A Fr
An investigation has been launched after claims that dredgers licensed to dispose of waste off the Plymouth coast have dumped the material in the wrong area. Millions of tonnes of dredged material from the River Tamar has been dumped off Whitsand Bay, South East Cornwall, over the years to ensure th
Ships travel to and from the manufacturing and trading hubs of southern China through the Lamma channel, and it is still busy. But the ships once sitting heavily in the water, loftily loaded with containers, are now visibly higher in the water. There is less cargo moving around the world, so less ne
Somali pirates have hijacked a 20,000-tonne German container ship in the Indian Ocean, a merchant mariners’ charity reports. They seized the ship on Saturday about 400 nautical miles (740km) off the southern Somali port of Kismayo, between the Seychelles and Kenya. A crew of 24 is believed to be abo
All 16 bodies and the black box flight recorder have been recovered from a helicopter that crashed in the North Sea, killing everyone on board. The wreckage of the Super Puma was located on the sea bed by the Bibby Topaz salvage vessel. The helicopter crashed off the Aberdeenshire coast on Wednesday
Austal has received its second large vehicle ferry order within a week after being selected by leading Maltese operator Virtu Ferries to design and build a 107 metre vehicle-passenger catamaran. The order follows last week’s announcement of a contract with Denmark’s Nordic Ferry Services to build Au
It was a great win in the ‘Light In-Port Race’ for Bouwe Bekking’s Telefónica Blue after a long postponement in Rio de Janeiro today. PUMA (Ken Read/USA) put in a solid performance to take second, but the surprise result was the outstanding performance by the rejuvenated Delta Lloyd with Spaniard, R
