A body found in a sunken boat in the Moray Firth has been recovered by police divers. The body discovery had been made after a search was launched for 72-year-old missing prawn fisherman Gordon Wilson, from St Combs, near Fraserburgh.
A Devon dockyard has won a £30m contract to upgrade HMS Ocean, the Royal Navy’s largest amphibious warship. Improvements to accommodation on board the assault ship are expected to take a year at Plymouth’s Devonport Dockyard.
A three-masted Indonesian navy training ship ran aground on an Australian beach as it headed to Sydney for a tall ships show ahead of an Asia-Pacific summit.
The remaining section of the ill-fated MSC Napoli, stranded off the East Devon coast, will be taken away in one piece. The Dutch team who have overseen the salvage operation so far have now been awarded the contract to lift the stern.
Dredging group Boskalis more than doubled its net profit in the first six months of this year, benefiting from a worldwide increase in demand for land reclamation.
BP America today promised to operate its Whiting refinery to meet the lower discharge limits contained in the refinery’s previous wastewater treatment permit. “We have participated in an open and transparent permitting process with the State of Indiana and obtained a valid permit that meets all regu
On Wednesday, tanker titan Frontline (NYSE: FRO) reported robust operating income of $190.9 million, but after backing out large gains of $66.1 million from asset sales, the adjusted figure fell 6% year over year and 21% sequentially. The company secured strong rates for its crude tankers, thanks in
Imtech (technical services provider in Europe) announces that it has acquired all shares of the Dutch-based Free Technics B.V., a small software specialist on the international maritime market. The acquisition price (including earn-out) is based on five times the EBITA and is being paid in cash. The
Buruna Raya Logistics (Indonesia), has signed an order for three 31 metre Offshore Service Vessels, the vessels will be constructed at Strategic Marine’s Singapore Facility. Powered by three Cummins KTA 38 Engines giving the vessel a total of 3600 bhp, each vessel with be capable of reaching a maxim
Strategic Marine Pty Ltd has been awarded a $60 million contract to build the Floating Dock, for the Australian Marine Complex in Henderson, Western Australia with delivery scheduled for mid 2009.
Less than one year after Dutch superyacht builder Icon Yachts was launched at Monaco Yacht Show 2006, managing director Wim Koersvelt is delighted to announce that the third Icon 62 metre has been sold and steel will start being cut this September for 2009 delivery. With exterior styling by Tim Heyw
* Frontline reports net income of $189.1 million and earnings per share of $2.53 for the second quarter of 2007. * Frontline reports half year net income of $347.9 million and earning per share of $4.65. * Frontline reports a total gain on sale of assets of $66.1 million consisting of $31.2 million
The future of Poland’s iconic Gdansk shipyard remains in doubt as a key European Union (EU) deadline approaches for the site to reduce its capacity. Brussels has given Poland until the end of Tuesday to either close two of Gdansk’s three slipways or else repay 51m euros ($69m; £35m) of European aid.
The people of the oil producing areas of Ondo State may soon heave a sigh of relief over shortage of land in the areas as government has commenced the establishment of a new town with reclamation work in Adagbakuja. Yinka Oladoyinbo reports. ONE thing that the people of the oil producing communities
