Great Eastern Shipping Company Ltd (GE Shipping) has announced that Company has signed a contract to buy a 1,47,092 dwt, modern (double hull) Suezmax crude tanker. The 2000 built ship is expected to join the Company’s fleet during the second quarter of FY 2007-08.
HAMBURG (Thomson Financial) – A consortium led by ThyssenKrupp AG’s Marine Systems unit expects to receive an order to construct four new frigates for the German Navy by the beginning of July, a spokeswoman for the unit said.
Major Break-through for Imtech on the Turkish naval market. Rotterdam – Imtech Marine & Offshore has been awarded the contract by Turkish Defence organisation SSM for the delivery of an extensive Integrated Platform Management System (IPMS) for the First of Class of the New Turkish Navy MILGEM Corve
OSLO – The Norwegian state, Sweden’s Saab and the Wallenberg group have acquired 40 per cent of the offshore firm Aker Kvaerner, Economy Minister Dag Terje Andersen said Friday in Oslo. The previous owner of the shares, Kjell Inge Rkke, earned 4.8 billion kroner (806 million dollars) in the deal, An
To get a better idea of the yachting phenomenon, all you have to do is make your way out to the third annual Moscow Yacht Festival, which opened Thursday and runs through the weekend. On either side of the Andreyevsky pedestrian bridge crossing the Moscow River to the south of Gorky Park, several do
Thousands lined the quays to welcome an old lady of the sea yesterday . Tall ship the Earl of Pembroke sailed into King’s Lynn as one of the star attractions of a festival in honour of Norfolk’s greatest explorer.
This is the immaculately restored Lulworth, a 180-ton gaff cutter sitting on 14.9 knots – shall we call it 15 – during the New Zealand Millennium Cup race which brought The Superyacht Cup Ulysse Nardin to a close on Tuesday.
Grant Dalton stands on the precipice of wresting the America’s Cup from the grasp of a familiar foe. Nothing new there you might think. Except this time it’s different. This time it’s personal. Dalton’s Team New Zealand (TNZ), having seen off the challenge of Luna Rossa in the Louis Vuitton Cup for
A last-ditch appeal to bring one of the world’s oldest clippers back to its birthplace has begun. The City of Adelaide, built in Sunderland in 1864, is five years older than the Cutty Sark, which was severely damaged in a blaze earlier this year.
Benetti, part of the Azimut group, the world’s leading yacht builder, has chosen VT Naiad Marine as preferred supplier of all Stabilization at Anchor zero forward speed stabilizer systems, bow thrusters and integrated hydraulic systems for its entire composite line of yachts, including the Legend, T
Subsea 7 Inc. (OSE Symbol: SUB) through its i-Tech division, today announced the award of four new contracts with an estimated total value of $ 30m. i-Tech has been awarded a four year contract by Petroleo Brasileiro S.A (Petrobras) for the provision of a ROV and underwater positioning services onbo
Container traffic from Asia to North America is expected to grow 300 per cent in the next 15 years and there isn’t the capacity to handle it, Premier Gordon Campbell told a fundraising dinner Tuesday night.
Eagle Bulk Shipping, Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced that it has taken delivery of the Skua, a 2003 built 53,350 dwt Supramax dry bulk vessel. The Skua was acquired as part of a three v
Odense Steel Shipyard Ltd. (Odense Staalskibsværft A/S) today announces that EPIC Shipping, UK, has contracted to purchase six RO-RO vessels at Odense Steel Shipyard Ltd.
