The construction of the first indigenous offshore drilling rig is likely to be delayed as Mumbai-based Bharati Shipyard may not be able to build and deliver the jack-up rig, used to drill oil, by the scheduled month of April 2009.
Aker Yards has entered into a contract with an International Shipping Company, for building of two Anchor Handling Tug Supply Vessels of Aker Yards AH 12 design. The total value of the contract is approximately NOK 1.7 billion. The two vessels are scheduled for delivery in Q4 2010 and Q2 2011. The h
Six Chinese fishermen are missing after their boat sank early Sunday in a collision with a cargo ship from the Republic of Korea (ROK) off the coast of eastern Zhejiang Province, local maritime sources said.
The 45-Metre sloop Helios. Helios, the result of a collaboration between Perini Navi’s naval architects and Ron Holland, is the second steel-hulled 45-Metre yacht to be launched by this Italian shipyard. The third yacht in this class will be delivered to her owners in Spring 2009.
Net income in the first half of 2007 was down 2.8% to $184.1 million compared to first half of 2006, whereas the average selling price of Gabonese crude oil decreased by 3.5%.
Just five months after its official entry in India with the appointment of the dealer Sorenstam Ventures, Azimut Yachts has received an order for an Azimut 103S for an Indian owner. The Azimut 103S, the Open flagship of Azimut Yachts’ S line, is the perfect expression of boundless freedom and intima
BP announced today that it has agreed to sell, subject to required regulatory approvals, its Coryton Refinery in Essex, UK, to Petroplus Holdings AG, a leading independent refiner and wholesaler of petroleum products headquartered in Zug, Switzerland.
A Royal Fleet Auxiliary ship is undergoing £5m refit in Cornwall. A&P ship repairers won the contract to refit the Black Rover, one of two tankers supporting the Royal Navy, at Falmouth Docks.
Illegal fishing nets containing 25 eels have been seized by the Environment Agency after a tip-off. A member of the public called the agency after spotting suspicious nets in Jurys Gap sewer, near Camber.
Owners of eight large beam trawlers in the South West have accepted a total of £4.7m to break up and decommission their fishing boats. Two of the trawlers belong to Stevenson and Sons in Newlyn.
Cruise ships operating in Southeast Alaska now have access to an interactive training CD-ROM detailing Coast Guard regulations and procedures in the region. The release of the CD marks the first time that a comprehensive resource of this kind has been made available in a repeatable and professional
Anders Lewander, skipper of one of the two Volvo Ocean Race entries for Ericsson Racing Team, has chosen Norwegian Aksel Magdahl (28) as his navigator/tactician for the next race starting from Alicante in October 2008. Although Aksel Magdahl will be competing in his first round the world race, skipp
As skipper of the PUMA Ocean Racing entry in the 2008-09 race, American Ken Read is overseeing both the design/build programme in his native Newport, Rhode Island and crew selection aboard the maxi Rambler, currently in Europe. Read, who joined Ericsson for the last four legs of the 2005-06 race, sh
Visitors to Stockholm this summer could almost have been forgiven for believing themselves in St Tropez. Sweden is becoming a favourite stop-off point for the ultimate status symbol: the megayacht. Simon Murley tries to peek inside.
