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News

+39 Challenge wins protest, is awarded redress
News

+39 Challenge wins protest, is awarded redress

The Jury has ruled in the protest between +39 Challenge and United Internet Team Germany and awarded redress to the Italian team. In terms of the incident on the water, the Jury ruled that the German team broke Rules 10 (opposite tacks) and 14 (avoiding contact) of the Racing Rules of Sailing.

about 19 years ago
Broken engine mounts delay Earthrace
News

Broken engine mounts delay Earthrace

undergoing urgent repairs before continuing its around-the-world speed record attempt. Off the Guatemalan coast at night, the wave piercing trimaran ran down an unlight five metre fishing skiff of the Guatemalan coast killing a local fisherman, injuring another, whose life they saved with large volu

about 19 years ago
DRS gets $7M Daweoo ship deal
News

DRS gets $7M Daweoo ship deal

DRS Technologies Inc. on Thursday said it won a $7 million contract from Daewoo Shipbuilding & Marine Engineering Co. to provide a high-speed network to expand communications on a Korean destroyer.

about 19 years ago
Greenpeace ship docks in Japan
News

Greenpeace ship docks in Japan

After being barred from port for more than a week, a Greenpeace anti-whaling protest ship has been allowed to dock in Japan. Authorities finally allowed the Esperanza into Yokohama port to take on food and water and exchange crew on condition that it does not receive members of the public.

about 19 years ago
Montauk Yacht Club sold
News

Montauk Yacht Club sold

The sands of Montauk resort ownership have shifted once again with this week’s $34 million sale of the Montauk Yacht Club Resort & Marina to Island Global Yachting, an ambitious international developer and operator of luxury facilities that plans to redevelop it to accommodate what a spokesman calle

about 19 years ago
Touch n Go for Gladstone monohull record
News

Touch n Go for Gladstone monohull record

Matt Allen’s Ichi Ban is just on track to beat the monohull record for the 308 nautical mile Brisbane to Gladstone, but at this stage, by less than ten minutes.

about 19 years ago
Century-old fish found off Alaska
News

Century-old fish found off Alaska

A commercial fishing boat has caught what may have been one of the oldest creatures in Alaska – a giant rock-fish thought to be about 100 years old. The 44in (1.1m), 60lb (27kg) female shortraker rock-fish was hauled in by a Seattle-based vessel, trawling for pollack in the Bering Sea last month.

about 19 years ago
The Defender stays top of the table on a good racing day in Valencia
News

The Defender stays top of the table on a good racing day in Valencia

Two races were completed on schedule on Friday as ideal racing conditions returned to Valencia. Both Alinghi and Luna Rossa posted strong results on the day; each earning a pair of top three finishes. The Defender, Alinghi has now won three of five races and consolidated its position at the top of t

about 19 years ago
Yacht makers predict clear sailing in China
News

Yacht makers predict clear sailing in China

SEPARATING the buyers from the gawkers may have been difficult as hundreds of people took off their shoes and powered up their cameras to inspect the sleek decks and flashy interiors of an armada of boats and luxury yachts in Shanghai yesterday.

about 19 years ago
Global players set sail for Dubai amid yacht craze
News

Global players set sail for Dubai amid yacht craze

The use of yachts for corporate events and tourism is growing in the Gulf and it will propel demand for bigger and better luxury vessels, people in the boat industry say. Boat ownership is growing in the UAE and other countries in the region as large-scale waterfront property developments and afflue

about 19 years ago
MOL to Launch 44 New Iron Ore Carriers
News

MOL to Launch 44 New Iron Ore Carriers

TOKYO – Mitsui O.S.K. Lines, Ltd. (MOL; President: Akimitsu Ashida) today announced a major expansion of the company’s iron ore carrier fleet, with a proposal to launch 44 new vessels. The move is part of MOL’s growth strategies in the new midterm management plan MOL ADVANCE, which began on April 1.

about 19 years ago
Cargotec Receives Record Number of Ship Crane Orders during First Quarter
News

Cargotec Receives Record Number of Ship Crane Orders during First Quarter

Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received a record number of ship crane orders in January–March 2007 from various ship yards in China, Korea, Poland, Romania and Croatia. The ship cranes will be delivered during 2007–2010. The value of the orders recei

about 19 years ago
Somali pirates demand 20,000 dollars ransom for seized ship
News

Somali pirates demand 20,000 dollars ransom for seized ship

Somali pirates who hijacked an Indian-flagged cargo ship as it was preparing to dock at Mogadishu port early this week are demanding a ransom of 20,000 U.S. dollars before releasing the freighter.

about 19 years ago
Submarine ready for its first splash
News

Submarine ready for its first splash

Northrop Grumman Newport News said this week that it would christen the North Carolina – the fourth submarine in the Virginia class of nuclear-powered submersibles – in a shipyard ceremony April 21.

about 19 years ago
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