Ocean Tankers Holdings Public Company Ltd (OCT) announced that within the framework of the Company’s policy for the improvement of its fleet, it has reached an agreement for the purchase of a tanker of new generation.
Based on developments so far in 2006, the Board of Management of dredging company Royal Boskalis Westminster nv expects the net profit for the year to increase by approximately 60% to a record level of at least € 100 million (net profit 2005: € 62.7 million). In August, at the announcement of the ha
Three men whose bodies were found in a shipping container in Berkshire died from carbon monoxide poisoning, initial tests have shown. The bodies were found at a building site in Manor Farm Road, at Whitley near Reading, on Friday.
Recreational scuba diver Dr. Harry Wong thinks he has the perfect solution to the Navy’s dilemma of what to do with its vast stockpile of rusting, decommissioned war ships: sink them at sea. The Portola Valley-based chiropractor and nutritionist is president of California Ships 2 Reefs, a group of d
Royal Caribbean International today announced that the line’s third and final Freedom-class ship will be named Independence of the Seas. The ship, currently under construction at Aker Yards in Turku, Finland, is set to make her debut in May 2008. She will follow Liberty of the Seas, which makes her
Aker Kvaerner has been awarded a limited notice to proceed by the Ohio Valley Electric Corporation (OVEC) for a new environmental control system at the Kyger Creek power plant. The facility is located in Cheshire, Ohio, and Aker Kvaerner’s portion of the project is approximately USD 105 million.
Wild Oats XI was leading Skandia across the Bass Straight as the super-maxi duo approached the half-way mark of the Sydney to Hobart yacht race last evening. Skandia has been keeping up with the 2005 line honours winner with only 4.5 nautical miles separating the pair.
A working interest offered to Statoil in a deepwater block off Egypt marks the second award of exploration acreage recently secured by the group in this north African country. “We’re very satisfied with this,” says Geir Richardsen, exploration manager for Egypt and Libya. “It gives us an even better
The yacht leading the Rolex Sydney-Hobart Race on IRC handicap sank and six others retired with various types of damage yesterday to cap a day of drama that began with the dismasting of two of the leading maxi yachts, ABN Amro One and Maximus, in the early hours of the morning.
Capt. Zhang Liang, Vice President of COSCO Group, on behalf of Capt.Wei, attended the inauguration ceremony of marine engine simulator which was donated by COSCO to the International Maritime University of Panama (IMUP).
A North Korean cargo ship sank off the northeast coast of China leaving 17 missing, though eight others have been rescued, the official Chinese Xinhua news agency said.
A Maltese-registered, 23,000-ton cargo ship, the Tzini, is being detained in Taiwan after having spilt some 110 tonnes of fuel onto the Taiwanese coastline near Suao Harbour after its tanks were punctured – creating an environmental hazard and halting fishing activities in the area.
Significant new contracts are due to be announced in the New Year by Belfast’s Harland and Wolff shipyard, it was revealed today. The news came as the world’s largest car ferry arrived in the yard’s main building dock for essential repairs and maintenance work.
For the Hawaii, the newest Virginia-class fast-attack nuclear submarine, the party was a cheerful bon voyage. After seven years of construction, the $2.5-billion Hawaii — Electric Boat’s 100th nuclear submarine — was handed over to the Navy in a chilly dockside ceremony at the company’s Groton shipy
