Vopak announces to repurchase Vopak shares to a maximum of 85.000 shares in the period from today until 31 March 2008. This program intends to cover future obligations as a result of the Long Term Incentive Plan for the Executive Board and senior management, if specific financial criteria will be me
Golden Ocean Group Limited is pleased to advise that the Company has fixed out on time charter the Capesize vessel M/V Channel Navigator (172,000 dwt, built 1997). The vessel will be delivered to the Charterer by the end of April 2009 for a five years time charter contract.
Increasing local opposition to developmental activities to increase its throughput capacity seems to have not deterred city-based Mumbai Port from conceiving and taking up projects to augment facilities. In its latest, the port has drawn out a plan to restructure Indira Dock (ID), the centre-piece o
Kimberly Stewart, is appointed Vice President, Investor Relations. She reports to Olivier Dubois, President and Chief Financial Officer. Previously Head of Investor Relations at Faurecia, she also worked as an Equity Analyst with Cheuvreux in Paris and London, as well as Credit Suisse in London and
Dredging and marine contractor Van Oord has completed the prestigious land reclamation project The World in the emirate of Dubai. The World is a group of 300 artificial islands four km off the coast of Dubai that have been shaped in the form of the continents. The project covers a surface area of 9
Greenpeace has ruled out co-operating with another anti-whaling group, Sea Shepherd, to better hinder Japan’s whaling program in the Southern Ocean. The Greenpeace ship, Esperanza, docked at Hobart last night after two months pursuing the Japanese whaling fleet.
An Irish man is among six tugboat crew members who have been seized by pirates off the coast of Somalia. He was on board the Danish-owned Svitzer Korsakov, which was captured early on Friday morning and is now at anchor in Somali waters.
Helen Mirren is set to name and launch her first ship – a duty almost exclusively performed by British royalty.
Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P., has declared a cash distribution of $0.40 per unit for the quarter ended December 31, 2007, an increase of $0.015 per unit, or 3.9%, from the third quarter of 2007. Teekay Offshore Partners L.P.’s quarterly distributions h
Surveyors examining a refrigerated cargo ship which was battered by a storm off Cornwall have found an 18ins (0.46m) hole in her side. Seven people had to be airlifted off the Horncliff, including the ship’s captain, when she was struck by a huge wave in a force 10 gale.
A ship grounded after it was hit by a freak wave may be stranded off Blackpool for another week because of bad weather. Hugh Shaw, the Secretary of State’s Representative for Maritime Salvage and Intervention, said the salvage operation for Riverdance is being hampered by the weather
Bad weather has prevented a repair ship from setting off to mend one of three broken undersea cables providing Internet services to parts of the Middle East and Asia, an Indian-owned cable operator said.
Hyundai Heavy Industries Co., the world’s largest shipbuilder, has won a $841.1 million order to build six very large container ships, the South Korean firm said on Monday.
A number of salvage companies are looking at recovering a trawler which ran aground on rocks on St Kilda, the Maritime and Coastguard Agency said. Fourteen crew were rescued from the Spinningdale by a Stornoway Coastguard helicopter on Friday.
