The first thing you notice about her is the grace of her silhouette. Low to the water, with the masts raked back, the boat simply looks fast, graceful, and elegant. Step aboard on a windy day, sheet in the sails, and she more than delivers on that promise of speed. Swiftly pushing through the water,
The Port of Felixstowe is celebrating a record number of containers being handled on a single vessel, with the call of China Shipping Container Lines’’Xin Hongkong’ on 28th June 2007. The Port achieved an impressive 5,610 container moves on the 9,600-TEU ship, in what is thought to be the largest ev
Husky Energy Inc. is pleased to announce the completion of its acquisition of the refinery in Lima, Ohio from Valero Energy Corporation. The transaction was effective July 1, 2007.
Alinghi won the 32nd America’s Cup on Tuesday afternoon on the waters off Valencia. The Swiss Defender won its fourth consecutive race in dramatic fashion, by just one second, to win the Match 5-2.
On Tuesday afternoon, Alinghi successfully defended the America’s Cup for the Société Nautique de Genève with a thrilling one second win in Race Seven over Emirates Team New Zealand. Alinghi wins the 32nd America’s Cup Match by a 5-2 score.
An investigation is under way into how a pleasure boat sank in the River Tyne – posing a danger to other vessels. The 32ft long (14m) converted lifeboat George Pickard mysteriously sank on Saturday at Newcastle Quayside.
Acting on behalf of the buyer, Ocean Independence CEO Peter Hürzeler has sold yet another impressive vessel. 50m Oceanco Altavida, designed by Gerhard Gilgenast and with a Don Starkey interior to accommodate 12 guests, was built in 1993 and substantially refitted in 2005.
With Indian economy expected to register consistent growth, India’s export-import trade was expected to increase as well as the proportion of containerised cargo to total cargo handled. The container traffic at the major ports, which stood at 4.74 Mn TEU (equivalent to 59.73 million tons) in 2005-06
Samsung Heavy Industries has won orders worth a total of US$10 billion in the first half of this year. The Korean shipbuilder on Sunday said it landed two orders for drill ships over the weekend worth a total of $1.2 billion. That brings total orders so far to $10.1 billion, a global industry record
The Pasha Bulker is less than 50 metres from water deep enough to refloat it, New South Wales Ports Minister Joe Tripodi has said. The grounded carrier is facing out to sea after being spun 135 degrees during yesterday’s salvage work, during which it sprang a double oil leak.
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received orders for 42 ship cranes for vessels that will be built in China and in Taiwan. The value of the orders is approximately EUR 30 million. The orders have been booked in the second quarter of 2007.
Golden Ocean Group Limited (‘Golden Ocean’ or the ‘Company’) will in the second quarter of 2007 realise a loss on freight derivative activities of $15 million. $7 million of this loss has been realised in the second quarter of 2007 while the remaining part of the loss is adjustments for market to ma
The 32nd America’s Cup Match is on ‘pause’ today, a scheduled off day on the race calendar. Yesterday, shifty, unstable conditions saw racing postponed for the day, making this effectively a two day break in the schedule.
The Coast Guard on Monday rescued a man from the water after he reportedly jumped from a cruise ship off the coast of Florida. The Coast Guard was alerted around 11:45 p.m. Sunday by the Carnival cruise ship Liberty that Scott Durrin, 29, had possibly jumped overboard, the Coast Guard said in a stat