Daewoo Shipbuilding and Marine Engineering Co., the world’s second-largest shipbuilder, said on Wednesday it has won 543.6 billion won ($592.3 million) container ship order from an Asian shipper.
Leading independent sports producer Sunset + Vine has been appointed as the production partner for the Volvo Ocean Race 2008-09. Sunset + Vine will produce 39 half-hour programmes and nine one-hour monthly programmes as part of the race’s broadcast output during the nine months of the event. They wi
A US treasure-hunting ship intercepted and searched by Spanish police investigating a mysterious haul of riches has been cleared to leave port. The Ocean Alert is owned by a company in Miami which recently raised a record haul of silver coins from a shipwreck.
One person died and four were seriously burned including a South Korean man in a gas explosion Tuesday at the Hyundai-Vinashin Shipyard in central Vietnam’s Khanh Hoa province.
Eagle Bulk Shipping Inc. (Nasdaq:EGLE) today announced that its Board of Directors has declared a cash dividend on its common stock for the second quarter of 2007 of $0.47 per share, payable on or about August 7th, 2007, to all shareholders of record as of August 1st, 2007.
StealthGas Inc. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that its follow-on public offering of 7,200,000 shares of common stock, representing an increase of 1,200,000 shares from the originally prop
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and a provider of seaborne transportation for drybulk and containerized cargoes, announced today that it has declared a dividend of $0.25 per common share for the second quarter of 2007. The dividend is paya
On July 6th 2007, Transas signed a contract with the Krasnoe Sormovo shipyard (MNP Group) to supply navigational equipment for the RST22 tanker series. Turkish shipping company Palmali Shipping is the project’s customer. Several Palmali Shipping vessels have already been equipped with Transas system
PRIMEDIA’s POWER & MOTORYACHT magazine, the #1 publication in the enthusiast marine category, today unveiled the POWER & MOTORYACHT 100, the annually anticipated ranking of The World’s 100 Largest Yachts. Now in its 22nd year, the POWER & MOTORYACHT 100 is the longest-running and most accurate compi
A fisherman whose boat sank in the Firth of Forth was found washed up alive on the fairway of a golf course. Tom Smith, 65, who cannot swim, had been laying creels off the Fife coast when his small vessel started taking on water.
Explosives have been detonated for a second day running in the attempt to split a beached container ship in two off the east Devon coast. Smoke engulfed the rear of the MSC Napoli, off Branscombe, as the explosions were triggered at 1404 BST.
On 28th of June 2007 on Timmerman Yachts shipyard a unique event took place. In the presence of the Owner’s representatives and head persons of the company the launching of the first 45 m transatlantic mega yacht built in Russia was performed. The yacht building contract was signed on the last day o
The Cruising Club of America is seeking nominations for its annually awarded Rod Stephens Trophy for Outstanding Seamanship. Suggestions and candidates from all nations and in all aspects of boating are welcome.
Athens, Greece, July 17, 2007 – Danaos Corporation (NYSE: DAC) announced today that it has agreed with China Shipbuilding Trading Company Limited the upgrading of its earlier order for four 6,800 TEU containerships to four 8,400 TEU vessels and signed the amendments to the relevant shipbuilding cont
