The Estonian Maritime Administration has awarded a contract to Aker Arctic Technology Inc, Helsinki, Finland, for designing a new multipurpose icebreaker. The value of the agreement is close to EUR 6 million, including the development of the conceptual design, the basic design, preparation of the te
The Maritime and Coastguard Agency (MCA) said no-one on board had been injured and the ship appeared watertight. The vessel was carrying 4,148 containers, some of which was ‘hazardous cargo’, but they were reported to be secure. The exact nature of the materials on board was unknown.
Property and assets of Global Ship Systems, a longtime shipyard on the Savannah River, were sold at auction Wednesday for $17.95 million in front of the Chatham County Courthouse. Drawbridge Special Opportunities Fund LP had foreclosed on the property at 301 N. Lathrop Ave., and it was sold to DB GS
This new Diana design reminds to the famous Diana yacht’s of the 80’s like Jamaica Bay and Rio Rita. With her steel displacement hull in combination with classic lines and a beautiful canoe stern this yacht offers total luxury and comfortable cruising performance. With a range of 5,000 nm and maximu
AMELS, a global leader in the art of yacht building and member of the Damen Shipyards Group, has ten (10) newbuild projects in various stages of design, engineering, and construction. Inspired by this activity AMELS is undergoing a phased improvement of its extensive Vlissingen facilities on the Nor
In December 2004 Blohm & Voss announced the contract for a 118-meter motor yacht, project name Sigma (hull number 970). The yacht is designed by renowned French designer Philippe Starck, but no more details were revealed. The drawing that was released together with the statement however said more th
The trellines, which are bonded hoses made of rubber, steel rings, and reinforced rubber layers that allow the hose to withstand internal pressure, were installed without any impact on oil production during the entire installation process. SBM was contracted by Shell Nigeria Exploration and Producti
The Croatian navy has intercepted an Italian fishing boat, two days after Zagreb imposed a protection zone in its territorial waters. A government official said the trawler was “illegally present” and it was escorted to a port on the island of Vis for investigation.
Sky Petroleum, Inc., an oil and gas company, today reported that during the two months ending November 30, 2007, Mubarek production from the H2 and K2-ST4 wells was 31,562 barrels of oil. During the month of October Mubarek production from the H2 and K2-ST4 wells was 18,576 barrels of oil and during
A German container vessel with 27 crew on board has run aground in the Dover Strait off the coast of Kent. The 90,465-tonne LT Cortesia was en route to the Suez Canal when it ran aground on the Varne Bank, nine miles (14km) south of Dover harbour.
Coastguards have successfully refloated a German container vessel which ran aground off Kent. The 90,465-tonne LT Cortesia with 27 crew onboard was en route to the Suez Canal when it hit the Varne Bank, nine miles (14km) south of Dover harbour.
The price of crude oil rose to $100 per barrel in New York on Wednesday for the first time in history ahead of the new US Energy Information Administration inventories report, delayed to Thursday due to the New Year’s Day holiday on Tuesday.
Technip, leader in a consortium with Acergy, has been awarded by Total a contract for the development of the Pazflor oil field, located offshore Angola in Block 17, at water depths reaching 1,200m. Technip’s share of this USD 1.860 billion contract represents USD 1.160 billion.
While the Edmiston charter team is out in force inspecting the new Caribbean charter fleet, the salesmen have been networking with their international clientele this month closing the sales on three purchases (Netanya 7, Highland Breeze and Distraction) and signing up half a dozen significant new ce