Although close to a third of the world’s superyachts are owned by Gulf Arabs, most are moored at locations outside the Gulf, suggesting that the UAE and the Gulf have the potential to become a sought-after destination ranked as ‘superyacht friendly’.
Having built a $30 million yacht, Westport Shipyard now will try its best to break it. Evviva, the second 164-foot-long craft to come out of Westport’s Port Angeles assembly plant, hit the water Sunday morning and will start two weeks of sea trials today.
Rederi AB Transatlantic, through its 50%-owned company TransViking, has entered into an agreement with the Finnish company Finstaship regarding the chartering out of one of its combined anchor-handling/icebreaking vessels for a six-month period, with the option of a two-month extension. The agreemen
There are three opponents of Russia’s strategy to become a global liquefied natural gas (LNG) exporter — the Western Gray Whale, the US Government, and Gazprom. Until this week, and for quite different reasons, all three, including the LNG producer itself, Gazprom, — Russia’s energy champion, the wo
The crew of sinking yacht Felicia have been rescued in high seas 700km off the Namibian coast by a merchant ship. Cape Town’s Maritime Rescue Coordinating Centre (MRCC) confirmed shortly after 5pm on Friday that the four crew members of the Felicia had been taken safely aboard the car carrier Don Pa
The Winona Port Authority on Thursday sold 12 acres of land in its new east end industrial park to the Hal Leonard Corp. Hal Leonard, the first tenant in the park, purchased six lots for $822,000 and plans to build a 100,000-square-foot distribution center, with eventual plans to triple the facility
The Australian Marine Complex in Henderson is set to receive a $174 million infrastructure boost from the State Government. A new floating dock will be constructed with the funds as well as a new transfer system, dredging of a 17m-deep basin to accommodate the floating dock, electricity upgrades and
WESTERN Australia’s commercial fishing sector is angry that is has not been consulted about new marine parks planned for the state’s north-west. According to ABC News, the State Government will create the parks, as part of an attempt to protect the environment, once the $15 billion Gorgon gas field
BRITISH defence giants BAE Systems and VT Group have confirmed they are in early negotiations that could lead to them bringing together their ship construction and naval support businesses under a joint venture.
Vietnamese shipbuilding giant Vinashin has agreed to make major investments in the central Thua Thien Hue province, building terminal, shipyard and tourism complex.
A high seas rescue is under way more than 700km off the Namibian coast with a cargo ship moving into position to pluck the crew of a sinking yacht from the deck of their stricken vessel.
The Keppel SLP Consortium has completed the onshore construction of two 220-crew accommodation platforms for PEMEX Exploracion y Produccion ahead of contractual schedule. The HA-KU-M and HA-KU-S platforms will be the first fully integrated accommodation units in offshore Mexico.
After introducing a
Sonangol, the Angolan state oil company, as concessionaire, and Total, as operator, are pleased to announce first production from Angola
