Daewoo Shipbuilding & Marine Engineering Co., the world’s third-largest shipbuilder, said Tuesday that it has won a deal worth US$602 million to build eight container ships. The deal with a European shipping company calls on Daewoo Shipbuilding to deliver the vessels by January 2011, the shipbuilder
THE Korean crane barge which collided with the very large crude carrier Hebei Spirit on December 7 to cause South Korea’s worst oil spill drifted to within about 4 km of three other vessels before hitting the tanker, a court was told today. Daejeon district court was shown data which suggested the c
Introducing yet another premium brand of luxury yacht in the region, Western Marine, part of the US$5 billion ETA Ascon Star Group, will showcase the mega yacht AICON 85 at the International Boat show, being held from March 11 – 15 at the Dubai International Marine Club (Mina Seyahi). The Aicon 85 i
Royal Boskalis Westminster nv has reached agreement with all insurers involved on the compensation concerning the mega hopper WD Fairway, that collided with a container vessel in China on March 8, 2007. The insurers have decided that there is a constructive total loss and they compensate Boskalis fo
Introducing yet another premium brand of luxury yacht in the region, Western Marine, part of the $5bn ETA Ascon Star Group, will showcase the mega yacht AICON 85 at the International Boat show, being held from March 11 – 15 at the Dubai International Marine Club (Mina Seyahi).
In a matter of minutes, crane operator Bruce Luzier has made three trips out over the hulking cargo ship and carefully placed his load, one container at a time, on the dock. Luzier is perched in the operator’s cab 115 feet above the Wando Welch terminal in Mount Pleasant. Looking straight down betwe
It has been nearly a century since the last ship was built in Richmond. It’s been 130 years since the town, still dotted with sea captain’s homes, was the center of major shipbuilding activity. The past is about to be relaunched by a fifth-generation Maine yacht-maker whose company, Hodgdon Yachts,
Norilsk Nickel is building its own fleet of ships to capitalize on the melting of the polar ice caps. The company ordered five reinforced cargo vessels that can plow through the waters north of Siberia as new sea routes open. Moscow-based Norilsk, the world’s biggest producer of nickel, is spending
Bolici 136, an ultra-luxury yacht equipped with the most advanced monitoring systems and integrated entertainment technology, is set for a world premiere. The Italian made luxury yacht will be showcased at Dubai International Boat Show, to be held from March 11 to 15 at the Dubai International Marin
Lundin Petroleum AB announces that well Nyal-1, drilled on the Nyal prospect, reached Total Depth at 2,363 metres and will be plugged and abandoned as a dry hole. The well is located on dry land on the western flank of the southern Muglad Basin in Block 5B, Sudan.
Golden Ocean Group Limited is pleased to advise that the Company has fixed out on time charter the Panamax vessel Salvatore Cafiero. The vessel presently traded in the spot market will be delivered to the Charterer by the end of June 2008 and will be on time charter for the remaining of the “Time Ch
Gulf Craft Inc, the Middle East’s largest boat and yacht manufacturer, has today revealed 5 new models in its expanding product range that aims to tap into its rapidly expanding customer base.
To coincide with this year’s Dubai International Boat Show, the world’s first-ever Arabic super yacht publication, targeted at the Gulf’s current and aspiring yacht ownership, will be launched in Dubai with an unrivalled mix of the latest international and regional news stories in the world of luxur
One of the most technically‐sophisticated superyachts ever launched has just completed sea‐trials and is now being shipped to the Mediterranean. The creation of this groundbreaking vessel was entrusted to three leading names in the area of high‐performance yachting; designers and naval architects Hu
