Rescue teams are searching for five crewmen missing in rough seas after a cargo ship sank in the northern Philippines Wednesday. AP has reported that one body was recovered and 13 crew members with Chinese and Taiwanese nationality were rescued after the Panamanian-registered ship MV Unicorn Ace san
South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships, industry sources said Wednesday.
A blaze which broke out on a boat in Fraserburgh Harbour has been brought under control by firefighters.
The Board of Directors of Total Gabon, chaired by Jean Privey, met on March 20, 2007 and approved the final accounts for the year ended December 31, 2006. Net income in 2006 was $326.4 million, compared to $316.8 million in 2005.
British shipping industry analysts say Chinese shipyards took the top spot in January and February in terms of global orders, accounting for 49 percent of total orders worth 7.8 million compensated gross tons. Over the same period, Korean shipyards were able to win only 2 million CGT, or half of wha
Volvo Ocean Race has taken up the challenge of the new series of Extreme 40 events to be sailed across Europe this summer and has confirmed an entry in the iShares Cup. “We are delighted to be continuing our partnership with the boat’s manufacturer, TornadoSport,” said Volvo Ocean Race Chief Executi
Operator Statoil is preparing to shoot seismic in Libya. During the year, around 2,000 kilometres of 2D seismic will be gathered from the Kufra licence in the south-east of the country.
Bookrunner Deutsche Bank will market the offshore-targeted dong deal on the basis of strong government support for the shipping firm. Initial price guidance is set at 9.25%-9.50%.
‘Let it Be’ is a full displacement vessel, with a length of 47 meter. The hull is made of steel and the superstructure is aluminium. The two MTU engines can take it to a topspeed of 15,5 knots.
Graham Dalton’s ‘A Southern Man- AGD’ has lost her lead keel bulb. Dalton discovered the bulb was missing shortly after leaving Fortaleza Harbour.
Liverpool could become the country’s major gateway for container trade with the United States as plans for a new shipping terminal have been approved.
NORTHERN Gold Coast marina will become the largest in Australia if Gold Coast City Council next week approves a $500 million expansion. Included in the plan will be a 33.5ha water body with 1350 wet berths, a yacht club, a main street with a mix of commercial and retail shops as well as warehouses a
The Republic of Korea’s STX Group has got approval from the Vietnamese government to set up a wholly foreign-owned shipyard in central Vietnam.
Despite having previously threatened to cancel, on March 12, 2007, the Aurora arrived at Nha Trang port, though it had to stay outside the port and use other means to bring passengers ashore.
