2008 started amongst with the sale of a 21 mtr. Moonen in January and the listing of some impressive yachts. Highlight was the sale of the wonderful Lunstroo 2750 designed schooner, that changed hands for the fourth time through Van der Vliet. This under stripes the importance of our specialism and
Sailings of a North Sea ferry which collided with an oil rig in high winds have been suspended until repairs have been carried out. The King of Scandinavia, operated by DFDS, broke free from its moorings in the Port of Tyne on Friday.
A new freight vessel for the Channel Island of Sark has gone into full-time service. The 21m (69ft) Sark Viking will sail between Sark and Guernsey four times a week during the high season.
A Russian cargo ship has been detained and boarded by armed coastguard agents in North Korean waters, Russian maritime officials say. The Lida Demesh, carrying a consignment of cars from Japan, was heading for the Russian port of Vladivostok when it was stopped by patrol near Cape Musudan.
TOP Ships announced that it has entered into an agreement for the sale of M/T Stainless, a 149,599 Dwt, double-hull Suezmax tanker built in 1992. Under the agreement, the purchaser will bareboat charter the M/T Stainless until the vessel’s final delivery, which is expected to take place by the end o
A boat owner has been ordered to pay almost £500,000 after his company admitted exceeding fishing quotas. Dumfries and Galloway firm TN Trawlers admitted a total of 26 offences which broke European regulations controlling catches of specified species of fish.
Groupama 3, the 32metre trans-oceanic multihull, remains outside Otago harbour tonight, apparently not allowed to enter by port authorities. Sources in Dunedin told Sail-World that Groupama 3 had arrived outside the harbour at around 1630hrs today, Friday, but was prohibited from entering due to con
The construction of a new container terminal by Melford International Terminal Inc. at the Strait of Canso could take business away from the Port of Halifax, says the top labour person on the Halifax waterfront.
After POSCO having expressed its intention to make an independent bid for Daewoo Shipbuilding & Marine Engineering (DSME), concerns have risen that the possible acquisition might hurt “fair competition’’ among shipbuilders. Experts say the acquisition, if realized, is highly likely to prompt the wor
Captain Paul Wright, a Cornishman, is a kind of latter day Henry VIII – a master and commander who moves from one queen to the next in quick succession. He is the first person to command all three Queens in the Cunard fleet – Queen Elizabeth 2, Queen Mary 2 and their ‘younger sister’ Queen […
Genco Shipping & Trading Limited yesterday announced that it has taken delivery of the Genco Constantine, a 180,183 dwt Capesize newbuilding. The Genco Constantine is the fifth vessel to be delivered to the Company under Genco’s previously announced agreement on July 18, 2007 to acquire nine Capesiz
We refer to the fourth quarter report released on February 14, 2008. Frontline Ltd. is trading ex-dividend of a cash dividend of $2.00 per share today February 22, 2008. The record date is February 26, 2008, and the dividend will be paid on or about March 10, 2008.
Japanese Defense Minister Shigeru Ishiba has decided to dismiss Maritime Self-Defense Force (MSDF) Chief of Staff Eiji Yoshikawa over failure to report a ship collision in time on Tuesday, Japanese media reported Friday.
Fourth quarter 2007 net income was $50.2 million, compared to $43.2 million (including a non-cash hedging gain of $6.6 million) for the fourth quarter 2006. Basic and fully-diluted earnings per share (EPS) for the fourth quarter 2007 was $0.59 and $0.58, respectively, compared to $0.51 basic and $0.
