Daewoo Shipbuilding and Marine Engineering Co. (042660.KS: Quote, Profile, Research), the world’s third-largest shipbuilder, said on Thursday it has won a combined $3 billion order to build four ships for three different companies.
The apparent wreckage of a cargo ship that disappeared along with 14 sailors has been found, but lay too deep in the water to raise immediately, South Korean officials said Wednesday. Meanwhile, the search continued for the missing. The ship, carrying 2,000 tons of nitric acid, was feared sunk after
Following the delivery of the ‘Transporter’ in May 2007, heavy lift vessel ‘Target’, one of the former Sealift vessels, now joins the fleet of Dockwise Transport BV, a wholly owned subsidiary of Dockwise Ltd. The “Target” is the second of six single-hull tankers to be converted into heavy lift vesse
Prosafe has been awarded a contract by Aker Kværner Offshore Partner AS for the provision of the MSV Regalia accommodation and construction support rig at the TOTAL E&P UK operated platform MCP-01 in the British sector of the North Sea.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Aker Exploration AS will acquire an interest in production licence PL 304, located on the Norwegian Continental Shelf (NCS) in the North Sea. Aker Exploration will supply the Aker Barents drilling rig to drill the Aegis prospect in P
For the second consecutive year Europe’s leading cruise operator Costa Cruises has made Dubai its regional cruise hub and deployed two ships offering a total of six weekly packages to destinations in the UAE, Arabian Gulf and the Middle East regions.
The three maxis leading the Rolex Sydney Hobart fleet entered Bass Strait around 4am this morning with Bob Oatley’s Wild Oats XI still in the lead. At 0500hrs the Sydney maxi, which is aiming for a hat trick of line honours wins, held a 9 mile break on Mike Slade’s British maxi City Index Leopard, [
Spirit of Koomooloo, the yacht currently leading the Rolex Sydney Hobart Yacht Race on corrected time, this morning took time out to pay its respects to the sunken yacht that gave rise to its name. The original Koomooloo, which won the 1968 Sydney Hobart overall, sank off the NSW coast in last year’
The Sri Lankan military says it has destroyed several Tamil Tiger boats and killed as many as 40 rebels in clashes off the north-west coast of the island. It said attack boats, helicopters and jets were used against the rebel vessels, which it said were involved in ‘arms smuggling’.
The Isle of Man is set to see an increase in the number of cruise liners calling at the island. A spokesman for the tourism department said there were already 12 cruise ships scheduled to visit in 2008 – an increase on 2007 bookings.
The expansion and modernization of Ports remained amongst the top priority areas of the Government during the year 2007. Several developmental projects got underway at the major ports during the year. The year also witnessed significant growth in traffic and capacity at ports and also the growth in
From the opening seconds of the 63rd Rolex Sydney Hobart Wild Oats XI, the pre-race line honours favourite led the fleet down Sydney Harbour but prowling along the exclusion zone boundary and matching Wild Oats XI, at least to the first turning mark, was Mike Slade’s City Index Leopard.
A worrying trend in the increasing intensity and ferocity of pirate attacks on commercial shipping vessels has put the regional shipping industry on high alert, as attacks on container, vehicle and general cargo ships continue to rise.
It is tactical decision every skipper makes in any Rolex Sydney Hobart Yacht Race. The right choice and you’re a hero. Get it wrong and it can cost you the race. And as the boats have changed over the years he equation has been shifting.
