With the acquisition of Morocco’s Comanav, CMA CGM was not just buying one of those small to medium-sized shipping companies which it says offer interesting prospects to bigger operators like itself at the moment.
De Valk International has been elected as central (exclusive) charter agents for the 34.70-metre Explorer 114 My Issue. She was built by Moonen Shipyards to the highest standards of Dutch craftsmanship in 2006 for a repeat client. The owner wanted to sail the world in the highest standards of comfor
Tsuneishi Holdings Corporation (Head Office: 1083 Tsuneishi Numakuma-cho Fukuyama city Hiroshima, CEO: Katsushige Kambara) completed the 200th ship in its TESS (Tsuneishi Economical Standard Ship) Series, Ship No.1339 (Deadweight capacity 52,000 tons, Bulk carrier, to CHIJIN SHIPPING S.A.) on June 2
‘Repairs to the hull damage which forced Earthrace to abandon her world record attempt to circumnavigate the globe, are almost complete.’ reports Earthrace Chief Engineer Scott Fratcher. Fratcher said that key supporters stepped forward at just the right time, including TYCO’s, Pepe Tames, who provi
Nautilux, the new Azimut Yachts magazine makes its official public bow on 16 June. Nautilux addresses and talks directly to Azimut yacht owners, creating a constant link with the world of this brand’s events, characterised by elegance, luxury, the desire for enjoyment, the pleasure of the sea.
Benetti shipyard is running for two very important awards in the Superyacht industry. Ambrosia, FB231, the 65m launcehd on October 2005 has been selected from Show Boats International among the finalist as the Most Innovative Motor Yacht. Nominations have closed for 2007 and the winners will be pric
Concordia Maritime and the French oil and energy company TOTAL signed an agreement today covering charters totalling nine years for three different P-MAX tankers. The agreement is for a 5-year time charter* of the Stena Progress, which will be delivered from Brodosplit Shipyard at the end of 2009 as
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today that it has entered into memoranda of agreement to purchase the M/V Honor River and the M/V
Alinghi came from behind for the second consecutive day to beat Emirates Team New Zealand on Saturday afternoon on the waters off Valencia. The Swiss Defender put in a strong, controlled performance on a difficult sea breeze day. Hundreds of spectator boats crowded the race course to witness the win
Alinghi came from behind for the second day in a row to beat Emirates Team New Zealand on Saturday afternoon on the waters off Valencia. The Swiss Defender put in a strong, controlled performance on a difficult sea breeze day. Hundreds of spectator boats crowded the race course to witness the win.
Emirates Team New Zealand’s debacle with the broken spinnaker yesterday could have been a heartbreaker. But Grant Dalton says that won’t happen. Nor will he put the breakage down to bad luck, although he could be forgiven for doing so.
HMS Albion is the Royal Navy’s third largest ship and is now tied up close to where that other maritime colossus, the Titanic, first put to sea. While the Titanic was built to be unsinkable and keep water out, the Albion is designed to partially sink in order to carry out its task as a […]
The Volvo Ocean Race will bring a global focus to an environmental campaign which has won the hearts and minds of Bostonians when the race stops off in the historic port in May 2009. The Save the Harbor/Save the Bay Campaign (SHSB) is a multi-billion dollar cause geared to restoring, reconnecting an
Hyundai Heavy Industries Co., Ltd. (HHI) has developed the first Korean Dual-Fuel Diesel-Electric (DFDE) propulsion system for LNG carriers. The DFDE propulsion system uses either oil or gas, depending on the situation. It uses an electric motor like large cruise ships and submarines, not a steam tu
