The Wally Class winner of the racing season is the boat with the best race results of the 2007 regattas. To be eligible for the Trophy, a Wally has to compete at least in three regattas in the course of the year. The Wally Class 2007 winner is J One that also won in 2006.
Overseas Shipholding Group, Inc., a market leader in providing energy transportation services, announced today it has signed a definitive agreement to charter two 46,000 dwt Jones Act tankers to Petrobras America, Inc. (Petrobras), marking the first U.S. Flag shuttle tankers to transport oil from ul
BW Offshore, the Norwegian oil services company, is encouraged in its plans to bid for the FPSO unit of fellow Norwegian driller Prosafe by the latter’s recent split announcement, a BW Offshore source said. The source said the company viewed the announcement by Prosafe last week that it would split
Total today announced the sale of the 10% interest in Interconnector (UK) Limited owned by its subsidiary Total Midstream Holding UK Ltd to Caisse de Dépôt et Placement du Québec. Interconnector (UK) Limited operates the cross-channel gas pipeline linking the United Kingdom to Belgium.
Who says gambling doesn’t pay? Certainly not James Packer, who is about to take delivery of a sparkling new big boy’s toy in the form of a $50 million Mangusta 165 super cruiser. Around the glamour resorts of the Mediterranean in recent weeks yacht spotters have been drooling over the the first Mang
It will cost you around $912,079 to charter this nautical darling for a week. With five decks, the 280-foot Alysia is one of the world’s largest yachts up for charter.
Mitsui O.S.K. Lines Ltd. is interested in starting ocean cargo service to Jacksonville next spring, several months before its 158-acre container terminal at Dames Point is finished. ‘We’re hoping to get in next spring if possible,’ said Dennis Kelly, regional vice president for TraPac Inc., the Mits
Daewoo Shipbuilding Unveils Plan to Build $150 Mil. Shipyard in Northern Coastal City. South Korean shipbuilders and analysts questioned the economic viability of the proposed plan to build a joint shipbuilding complex in the wake of the inter-Korean summit.
Revised plans to scrap so-called US ‘ghost ships’ on Teesside are being considered on Friday. Hartlepool-based Able UK wants to dismantle the former naval vessels at a facility in nearby Graythorp.
A.A. Turki Corporation (ATCO) has recently signed a contract with Damen Shipyards Gorinchem for the construction and delivery of two pilot boats. The pilot boats are of the Damen Stan Tender 2306 design. They will be used by ATCO Marine Services division at the Saudi Aramco oil terminal of Ras Tanur
The president and CEO of Ceres Terminals Inc. says that as global container cargo grows, driven by China, Southeast Asia and India, which have been experiencing double-digit growth in the container business, the Port of Halifax will get its share. Mr. Simmers was in Halifax on Wednesday for the comm
Bulgarian shipyard Bulyard Shipbuilding Industry will build two ships for Turkish firm Diler Shipping and Trading Inc, after inking two deals worth a total USD 82,2 M.
Chief executive Helge Lund has resolved in consultation with the Statoil board to launch a review of issues relating to the former Hydro Oil & Energy’s operations in Libya, using external counsel. The purpose is to clarify whether aspects of this activity might be in conflict with Norwegian or inter
John Keells Holdings’ (JKH) associate South Asia Gateway Terminals (SAGT) has reported record container volume growth in its Colombo port terminal but the facility is nearing capacity, port officials and analysts said.
