Coastguards have begun towing one half of the stricken cargo ship MSC Napoli from Devon to Belfast for recycling. The ship, beached off Sidmouth since January, was split in two after a series of explosions last month.
Singapore-listed COSCO Corporation (Singapore) Limited, has announced the interim performance result for the first half of 2007. With a 63% increase, the company’s turnover amounted to S$868.1 million, this helps the company’s net profit rise up to S$122.3 millions, a remarkable 38% growth compared
Holland America Line has won two 2007 WAVE Awards in the categories of “Cruise Line with the Highest Client Satisfaction (Large Ship category)” and “Most Effective Cruise Advertising Campaign.” The WAVE (Western Agents’ Votes of Excellence) Awards are nominated by editors of TravelAge West magazine
Maersk Line, the largest container liner carrier in the world, will migrate to DP World operated Pusan Newport Co (PNC), cementing the South Korean port as one of the key trade gateways for North East Asia.
Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that, on August 8, 2007, it completed its previously announced acquisition of 20 offshore supply vessels (‘OSVs’) and their related business (the ‘Sea Mar Fleet’) from certain affiliates of Nabors Industries Ltd. (NYSE: NBR) (‘Nabors’) for
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received an order for 88 ship cranes from China. The ship cranes will be delivered during 2009–2011 for vessels that will be built at Yangzijiang shipyard. The value of the order is approximately EUR 27 million.
The ship was due to sail on Tuesday afternoon but P&O delayed the departure time until 11.30pm last night as engineers tried to fix a corroded ventilation duct.
Technip and Subsea 7 have been awarded by Statoil a contract worth approximately €37 million for the development of the Alve field located offshore Norway. The contract covers project management, engineering, procurement, installation, installation support and pre-commissioning of a rigid production
Golden Ocean Group Limited has agreed to sell the vessel ‘M/V Shinyo Brilliance’. The vessel is a Panamax bulker and is one of the long term time charter vessels previously acquired from Louis Dreyfus with an option to purchase attached to the time charter. The vessel will be delivered to the Buyers
SHETLAND Islands Council hopes to save more then £2 million by piggy backing a dredging contract they had originally blocked in the Court of Session. The council’s proposal to link a project to dredge Scalloway harbour with much bigger works planned for Lerwick harbour will go before councillors thi
Moscow Arbitration initiated yesterday bankruptcy of Russia’s biggest carrier in the rivers of Volga and Kama – Volgotanker Volzhsk Oil Steamship. The assets will be hardly sold via a single lot, the analysts speculate, pointing to United Shipbuilding Corp. and Rosneft as potential bidders.
Upon completion of ample tests and engine trials the 93,500 gt cruise ship ‘Norwegian Gem’ will leave the covered building dock of MEYER WERFT on Sunday, 12 August. Undocking of the ship, which is built for the American cruise operator Norwegian Cruise Line (NCL), will start around 7.45 a.m. If weat
Virginia, USA. Transas USA is pleased to announce the supply of a Full Mission Ship Handling simulator to the Mid-Atlantic Maritime Academy (formerly Tidewater School of Navigation ) based in Virginia Beach, VA.
With the start of the Rolex Fastnet Race this Sunday, August 12, a fleet of Rolex Fastnet hopefuls has begun assembling in and around The Solent area. Many of the entrants are racing in Skandia Cowes Week, used as a tune-up by some for the 608-nautical mile Rolex Fastnet Race. With the largest fleet
