SMIT and her partner Octomar Serviços Marítimos Lda have been awarded a contract for BP’s Greater Plutonio Development, Block 18, offshore Angola.
Havila Shipping ASA announces the building of a state-of-the-art Diving Support Vessel of Havyard 858 DSV design at Havyard Leirvik. The vessel is scheduled for delivery in February 2010 and will immediately enter into a 10 year firm bareboat contract with further option periods.
Beating Luna Rossa 5-0 for the Louis Vuitton Cup has given Emirates Team New Zealand extra time that the Kiwis hadn’t been expecting in the final countdown to the America’s Cup Match. After taking some much-needed rest, the challenger has decided to spent the next few days conducting speed tests bet
Yard no. 277, the Normand Seven from Ulstein Verft, has been voted “Ship of the Year 2007″. The award was presented today by Norway’s Minister of Trade and Industry Dag Terje Andersen at the Nor-Shipping trade show in Lillestrøm.
The drill ship ‘West Navigator’ operating off the Norwegian coast became in April 2007 the first vessel to be connected 24/7 on-line to Wärtsilä’s CBM (Condition-Based Maintenance) on-line service based in Vaasa, Finland.
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has signed a three-year service agreement with Italian Grimaldi Group. According to the agreement MacGREGOR takes full responsibility for the maintenance of selected cargo handling equipment on 26 Grimaldi RoRo ships.
Aker Kvaerner has acquired 50 percent of Phoenix Polymers International Ltd (Phoenix). Phoenix develops and manufactures buoyancy and polyurethane products for the worldwide oil and gas sector and is an important supplier of floatation elements to Aker Kvaerner’s deepwater marine drilling riser proj
Efforts to stabilise and safeguard the fuel oil load of the 225-metre ship stranded off Newcastle are continuing, with authorities saying it is ‘extremely unlikely’ the Pasha Bulker will be refloated on Wednesday.
On Tuesday, 12 June 2007, the naming of the newest vessel, a chemical/product tanker of 16,500 tonnes, took place. The vessel was built at the Jiangnan shipyard for the A.P. Moller – Maersk Group.
Statoil Canada Limited, a wholly-owned subsidiary of Statoil ASA announced today that it has extended its all-cash offer to acquire all shares of North American Oil Sands Corporation (NAOSC) at a price of CAD 20 per share.
Shipping Corporation of India (SCI) will invest about $4 billion in the next five years to acquire 72 vessels as part of its ambitious fleet acquisition plan. ‘We have already placed orders for 12 vessels, which will cost close to $1 billion, and another order, worth $3 billion, for 60 vessels will
ULSAN, South Korea — Two years ago, Hyundai Heavy Industries Co., the world’s largest shipbuilder, had a problem. Business was booming so much that its nine dry docks — the huge bathtub-like structures near ports where ships are normally built — were completely booked for several years. But the comp
The high price yacht industry has blossomed over the last ten years, with multi millionaires and billionaires buying yachts in the tens of millions of Euros price range – and when it comes to some billionaires they seem intent on buying a fleet that would put some small countries navies to shame.
A Philippine passenger ferry with 260 people on board caught fire south of Manila on Sunday, leaving at least five dead, coast guard officials said. A total of 255 survivors were rescued by two passing fishing boats and a coast guard from the MV Catalyn D, which caught fire off Mindoro island, about
