The world’s oldest and largest sailing regatta kicks off tomorrow in Cowes on the Isle of Wight and runs until Saturday 11 August. The organising authority, Cowes Combined Clubs (CCC), together with the regatta sponsors, are all set to deliver one of the best ever weeks in the 181-year history of th
State-owned Vietnamese shipbuilder Vinashin plans to rebuild the Cua Viet port in the central Quang Tri province by 2010 at a cost of VND3.2 trillion (US$198 million). Vinashin, short for the Vietnam National Shipbuilding Corp, will turn Cua Viet into a 300-400 ha port complex with a shipyard, ecoto
Amico & Co concluded the long and accurate rebuilt works of Ocean Glory, a motor-yacht built in 1935 with a glorious history. A new and prestigious result achieved by the Italian shipyard based in Genoa.
Prince William’s on-off girlfriend Kate Middleton is to take part in a Dover to Calais Chinese dragon boat race. She will be part of the all-female crew of the Sisterhood, which will race against the Brotherhood, crewed by men.
A Russian researcher was missing after a marine research boat collided with a cargo ship off the Sicilian coast and sank on Friday, the Italian coastguard said.
International Container Terminal Services Inc (ICTSI) formally took over last 1 August the running of its new container and general cargo concession in Guayaquil, Ecuador.
This is a strategic investment by the Company to support the growth of its business in the offshore sector. Punj Lloyds Ltd., a global EPC services provider in energy and infrastructure domans, said on Thursday that it has signed a Memorandum of Understanding (MOU) to invest Rs4.03bn for acquiring a
As part of an ongoing strategy of portfolio management, Société des Pétroles Shell (Shell) has received an offer for the sale of its Berre-l’Etang refinery site complex and associated infrastructure and businesses to Basell. A purchase price of $700 million has been agreed.
A/S Norske Shell (‘Shell’) today announced that the company has entered into an agreement with E.ON Ruhrgas Norge AS to sell its 28% equity interests in the undeveloped Skarv and Idun fields for US$ 893 million. The agreement covers the licenses PL-159, PL-212, PL-212B and PL-262 in the Norwegian Se
As part of an ongoing strategy of portfolio management, Shell International Petroleum Company Limited (Shell) has signed a Letter of Intent with Petroplus Holdings AG relating to the possible sale of two of its French refineries. Shell and Petroplus will discuss detailed terms, including developing
Keppel Offshore & Marine Limited (Keppel O&M) has officially opened its new wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong), in Nantong, Jiangsu province, China, today. Mr Luo Yi Min, Party Secretary of Communist Party of China (CPC) Nantong Committee, graced the occasion a
Nhan Dan – Posco-Vietnam Ltd, a member of the Republic of Korea’s Posco Group, started construction of a US $1.13 billion steel-rolling project at the Phu My Industrial Park in southern province of Vung Tau.
India’s Bharati Shipyard Ltd said it has won another order, worth 44.03 mln usd, from UP Offshore (Bahamas) Ltd for two platform supply vessels (PSV).
An Australian navy warship rushed Thursday to save a lone British sailor whose yacht was stuck on a reef off a remote island in the South Pacific, officials said. The frigate HMAS Ballarat was sent from New South Wales state to rescue the British yachtsman, whose boat hit a reef around 185 kilometer
