Eight boats have been severely damaged in a fire at a boatyard in Hampshire. About 75 firefighters tackled the blaze at the yard in Vespasian Road, Bitterne, Southampton, in the early hours of Friday.
Total announces that it has finalised the agreements for its entry into two exploration blocks in the deep offshore Angola in the framework of the licensing round 2005/2006 organised by Sonangol E&P. Total takes a 30% interest, as operator, in the block 17/06, alongside Sonangol P&P (30%), SSI Seven
The Phuket King’s Cup Regatta has taken the top event award at the Christofle Asia Boating Awards – ‘Yachting Event of the Year’. This honor follows a record year in December 2006 with over 100 boats entering the event and with a record media turnout. It is the second consecutive year the Phuket Kin
In 2010, when the world’s largest passenger aircraft, the Airbus A380 makes its first commercial flight from Indian soil, a similar milestone will be completed by the Indian maritime industry. Three years from now, India is expected to join a league of nations that possess the expertise to build and
Fish processors have welcomed a decision by the Marine Conservation Society to remove monkfish from its list of species at risk. The MCS dropped the fish from their Fish to Avoid list following consultations with industry experts.
A drop in fish landings has forced Aberdeen Harbour Board to abandon plans for a new £3.5m purpose-built facility. The decision on the landings, cold storage and transhipment centre has been prompted by a drop of nearly 60% in landings since 2002.
A Scottish MEP has claimed that proposals to transfer oil between ships in the Firth of Forth would breach the European Habitats Directive. Fife-based Catherine Stihler has been told by the European Parliament that the plans would have to be ‘of overriding public interest’.
Nicolas Sarkozy is very happy to be the newly-elected future president of France. The way he chose to celebrate, however, is causing controversy. Sarkozy took off for a three-day luxury cruise off the coast of Malta on the beautiful Paloma, a nearly 198-foot megayacht owned by billionaire investor V
The ISS (International Superyacht Society) has announced its new president, executive board as well as a new member of its board of directors. With Australian Lance Cushion’s appointment as ISS president, the organisation continues to realise its mandate of truly representing the international natur
Delivering the on-board drama as it unfolds from the desolation of the ocean to the relative comfort of the living room is no easy technological feat. Step forward Livewire Digital, who, along with the race’s satellite communications partners, ensure every frame and sound bite is captured and transm
Statoil ASA is modifying its forecast for oil and gas production in 2007 to 1,150,000-1,200,000 barrels of oil equivalents per day (boe/d) based on an oil price of USD 60 per barrel, down from 1,300,000 boe/d.
The Vietnam Shipbuilding Industry Group (Vinashin) on May 7 announced it had successfully closed the largest ever corporate bonds issue by a Vietnamese company with a landmark 10-year, VND3 trillion (US$187 million) fundraising to finance ambitious shipbuilding projects.
Golden Ocean Group Limited (“Golden Ocean”) is pleased to advise that the Company has declared options for two newbuilding contracts at Zhoushan Jinhaiwan Shipyard in China. The vessels of 176.000 dwt are expected to be delivered in the middle of 2010. The delivered cost of the two vessels will be a
During the General Meeting of Shareholders held today, dredging contractor Royal Boskalis Westminster nv announced investments in equipment amounting to € 450 million. The equipment comprises a new mega trailing suction hopper dredger with a capacity of 40,000 m³ as a replacement for the W.D. Fairwa
