Ferry companies Stena Line and P&O have abandoned plans for a new multi-million pounds shared terminal in south west Scotland to serve Irish Sea routes. Escalating costs have been blamed for the decision to pull the plug on the new joint facilities at Cairnryan.
In Finland, the Union of Salaried Employees (TU) began a strike on Monday 22 October. The first stage of the strike is affecting seven large enterprises in the mechanical engineering and metal products industry in Finland, including Aker Yards. ‘Our 4,000 employees at Aker Yards in Finland may be af
The U.S. dollar has plunged 20 percent against the euro since the beginning of last year to hit an all-time low last week and is down about 4 percent since the beginning of September. It’s taken similar big dips against other currencies, making U.S. goods cheaper to export. Consider Broward Marine’s
No fewer than 300 militants, armed with sub-machine guns, explosives and other sophisticated guns, and moving in about 30 speedboats, Saturday night, invaded the EA oil field, a Shell Petroleum Development Company (SPDC) facility at Amatu, Ekeremor Local Government Area of Bayelsa State, overpowered
The maritime crash that killed two men in waters off the coast of south Brooklyn was caused by a 24-foot pleasure boat colliding with a tugboat’s more than 1,500-foot tow line, a U.S. Coast Guard official said Sunday.
Dubai port operator DP World announced on Sunday that it will sell around 20 percent of its shares in an initial public offering (IPO) starting on November 4. DP World, one of the world’s largest container-port operators, declined to declare the value of the IPO, saying only that an indicative price
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that the drilling of the exploration well 16/1-8 on the Luno prospect in PL 338 on the Norwegian Continental Shelf in the North Sea has been concluded. The well is located 28 km east of the 15/3-1 Gudrun discovery in the central North Sea
Need a little Magic in your life? How about Northern Marine’s Magic which is for sale through RJC Yachts. THe 130-foot tri-deck yacht won the 2005 Pacific Northwest Superyacht Society Design Award.
Bo-Erik Blomqvist, a 20-year cruise industry veteran, has been named senior vice president -corporate shipbuilding for Carnival Corporation & plc. Based at Carnival’s Southampton, UK, offices, Blomqvist will begin February 1, 2008, and will be responsible for overseeing all aspects of the company’s
George David’s 90-foot super-maxi Rambler (USA) took line honours in the 28th Rolex Middle Sea Race at 11.45.03 this morning.
Shortly before 1730 on Sunday evening the yacht Loki competing in the Rolex Middle Sea Race 2007 lost her rudder north of Golfo di Castallammare, just to the west of Palermo on the northern coast of Sicily.
Two stories of dramatically contrasting fortune have unfolded over the past 24-hours of the 2007 Rolex Middle Sea Race. Both stories ended happily. Both could have ended quite differently. In one, an American crew defied the elements to destroy a seven-year old course record. In the second, an Austr
StatoilHydro has awarded a four-year contract to Transocean for lease of the semi-submersible rig Polar Pioneer. The contract will become effective during the first half of 2010. The exact date of commencement will depend on the completion of work under the current rig lease contract.
Environmentalists and some residents in Laguna Beach are angered by the lack of notification that most of the 2.3 million cubic yards of material from the Upper Newport Bay would land close to the Crystal Cove and Emerald Bay area, about three miles off shore. The $39 million project has been going
