The world’s most famous ocean liner, Queen Elizabeth 2, is set to embark on a series of farewell voyages before retiring from the high seas to become a luxury floating hotel in Dubai. Launched by the Queen at Clydebank in Scotland in 1967, the 70,000-tonne vessel has been sold for $118 million to th
Total announced today that it has signed a memorandum of understanding with Venezuela’s ministry in charge of energy and petroleum to transform operating company Sincor, formed by the project partners, into a mixed company. The agreement is in line with the law of February 26, 2007, passed by presid
Technip has been awarded by CEPSA a lumpsum engineering, procurement and construction (EPC) contract, worth approximately €60 million, for a hydrogen plant to be built at the Huelva refinery, Spain.
The wide spread availability of biofuels in the UK took a major step forward today as BP, Associated British Foods (ABF) and DuPont announced major investment plans, totalling around $400 million, for the construction of a world scale bioethanol plant alongside a high technology demonstration plant
The Athena is an MPSV operating under contract for TOTAL E&P Congo. This morning at 5.25 am (Paris time) the Athena, a BOURBON fleet Multi Purpose Supply Vessel operating under contract with TOTAL E&P Congo, reported a technical incident provoking entry of water in the engine room. It was at 15 naut
On Tuesday, June 26, the contract between the Federal Office for Defence Technology and Procurement and ARGE F125 for building four Class 125 frigates was signed. ARGE F125 consists of ThyssenKrupp Marine Systems leading ARGE F125 and Fr. Lürssen Werft.
Yesterday’s race was the most intense yet seen in the 32nd America’s Cup and was witnessed by a number of famous personalities, including HRH Prince Albert II of Monaco, the President of Grupo Santander, Emilio Botín, and the famous Hollywood couple Michael Douglas and Catherine Zeta Jones.
Seabourn Cruise Line has announced the name that will be given to its new, ultra luxury cruising vessel, presently under construction in Italy. The all-suite, 450-guest ship will be christened Seabourn Odyssey when she debuts in Venice in mid-2009.
Alinghi, the Defender of the 32nd America’s Cup, beat Emirates Team New Zealand on Wednesday to square the Match at two wins apiece. The Swiss team was in control for the entire race, leading the Emirates squad around the race course.
COPENHAGEN, Denmark — A small cruise ship ran aground off Greenland’s west coast and more than 50 people were evacuated safely Wednesday, the tour operator said. The Disko II hit rocks near the island of Qeqertarsuaq, but was not believed to be seriously damaged, said Soeren Rasmussen of the Danish
MacAndrews, the UK based subsidiary of CMA CGM, launched their new Reefer Xpress Service on 23rd June between Bilbao, Sheerness and Rotterdam. The first sailing was made from the Port of Bilbao by the 300 teu mv ‘Georg Mitchell’ and will provide a fixed day weekly frequency, upgrading to twice weekl
SAN DIEGO – With an eye toward attracting the fast-growing international mega-yacht market, the Port of San Diego’s Board of Commissioners has approved a project aimed at bringing more of the world’s largest yachts to San Diego Bay. Starting immediately, up to four berths suitable for yachts from 10
BRUSSELS (Thomson Financial) – The European Commission said it has approved 2.03 mln eur aid earmarked by the German government to modernise German shipyard Peene-Werft.
Funds advised by Bain Capital Beteiligungsberatung GmbH, Munich, together with the company’s founder and long-time managing director Mr. Winfried Herrmann, today announced the signing of a definitive agreement to acquire 100 percent of the shares of Bavaria Yachtbau GmbH, based in Giebelstadt / Würz
