A body representing the super yacht industry says Gold Coast businesses are losing money because the Broadwater is too shallow. The chief executive officer of Superyacht Base Australia, Lance Cushion, says the waterway needs dredging so large luxury boats can access maintenance facilities at Coomera
A $64m floating dry dock that could lift vessels of up to 12,000 tonnes would be built in WA, the State Government said yesterday. Vessels lifted by the floating dry dock also could be towed on to land, Planning and Infrastructure Minister Alannah MacTiernan said. Strategic Marine would build the do
On July 28, The Orphalese, the world’s largest luxury residential ocean liner of her class, will make its Hamptons debut during Russell Simmons’ annual Art for Life East Hampton Benefit. The Orphalese and its exclusive sales representative, Prudential Douglas Elliman, the largest residential real es
Letter from Podgorica: It is easy to understand why one foreign property owner in Montenegro calls it Moscow-on-Sea. At tiny Tivat airport, crammed between sheer peaks and the Adriatic shore, jets roar in daily from Moscow and St Petersburg, their passengers breeze through immigration without the ne
A Russian naval expedition on its way to explore the ocean floor below the North Pole has come to a sudden halt. The Akademik Fyodorov research ship suffered engine failure a day after setting off from Murmansk port and is reportedly drifting in the Barents Sea.
The first tall ships will be arriving in Bristol on Thursday ahead of the city’s weekend Harbour Festival. But there are fears that the recent floods will prevent many smaller vessels from making the trip to the city festival.
Unknown gunmen on motorcycles have shot and wounded a US-based British professor and a security guard in Nigeria’s oil city, Port Harcourt. Professor Michael Watts was in Port Harcourt to attend an awards ceremony at a local newspaper office. In another oil city, Yenagoa, the mother of a local state
The shuttle tanker Navion Gothenburg was delivered yesterday, after upgrading and modification1, from the shipyard Dubai Drydocks. The basic model of the vessel was built at the shipyard Samsung Heavy Industries in South Korea and is owned on a 50-50 basis and on the same terms by Stena Bulk and the
The Port of Tacoma today announced plans to build a US$300 million, 168-acre container terminal on the industrial east side of Tacoma’s Blair Waterway. The terminal will be leased to a container terminal operator, Yusen Terminal Tacoma Inc (YTTI), a wholly owned subsidiary of NYK Line. The plan was
DP World-UAE has announced the completion of construction work in the first phase of stage 1 of its Mega Max container terminal in Jebel Ali Port and the start of work on the rest of the project. The new terminal has a quay of 1,200 metres long, with a handling capacity of 2.5 million TEU’s. [&helli
Margareth Øvrum, Statoil’s executive vice president for Technology & Projects, officially named the Tordis subsea installation in Tønsberg, eastern Norway, on 25 July prior to its North Sea installation.
Total today announced that its operating subsidiary in Nigeria, Elf Petroleum Nigeria Limited (EPNL), has signed an agreement with Nigeria’s Conoil Producing Limited to acquire a 40% interest in offshore Oil Mining Lease (OML) 136. Conoil, the most important indigenous Nigerian petroleum company, ho
Aker Yards has entered into a contract with Portosalvo Ltd.for building of one Platform Supply Vessel based of the design Aker PSV 09 CD. The value of the contract is approximately NOK 310 million. Delivery is scheduled in 4Q 2010.
EXMAR has applied today to MBZ, the Zeebrugge Port Authority, for a domain concession for the construction of a discharging and ship-to-ship transfer installation for LNG and high pressure natural gas in the Port of Zeebrugge (Belgium).