Frontline Ltd. (“Frontline” or the “Company”) has declared an option with COSCO Shipyard, China to convert Front Target to a heavylift vessel. The conversion will begin in May 2007, and completion is expected in August 2007. By fitting a new mid-ship section and upgrading all major components of the
Keppel Singmarine Pte Ltd (Keppel Singmarine) has clinched a S$135 million contract to build a Floating Storage Offloading system (FSO) unit for LUKOIL
The ice-classed oil tanker, Stena Atlantica, will be named in Dubai today. The vessel has been built in compliance with Swedish/Finnish Ice Class notation 1 A, meaning that it can be safely manoeuvred in difficult ice conditions.
The Newfoundland and Labrador government is posting a near $200-million surplus for the past fiscal year — the largest in the province’s history. … Finance Minister Loyola Sullivan says the $199.3-million surplus is the result of the renegotiated Atlantic Accord and improved offshore oil revenues.
The gales of November can be vicious on Lake Superior, but sudden storms of December can be just as bad or worse, a tugboat crew has learned. The crew of the Zenith Tugboat Co. of Duluth, Minn., was towing the company’s vintage tug, the Seneca, in the southeastern end of the lake when the relatively
BMW Oracle Racing is set to launch the New Year in style with a unique visit to the Collins Stewart London Boat Show at ExCeL from 5-14 January. This is the first time an America’s Cup yacht has exhibited at the London Boat Show at ExCeL and visitors will be able to view the full-scale […]
Northrop Grumman Corporation has been selected to supply electronic navigation systems for six new high-speed vessels under construction at Austal Shipyards in Henderson, Western Australia. The equipment is being supplied by Northrop Grumman’s Sperry Marine business unit through contracts awarded by
Tim Hart said going to his first day of work Monday was like heading to the first day of school, except when Hart arrived he was met by friends he’d already made. On Saturday, the Tuckerton Seaport’s board of trustees announced that Hart was the new executive director of the seaport.
Typhoon Utor may change course and hit the mainland, officials from the Central Committee for Flood and Storm Control warned after a meeting in Ha Noi yesterday, urging central coastal provinces to take precautions.
The Indonesian Navy claimed Wednesday that piracy on the busy international water way of Malacca Strait has fallen sharply to two cases this year from 15 cases last year.
Gulf Energy Maritime (GEM), the Middle East’s largest independent commercial product tanker operator, has appointed UAE national Ahmed Essa Hareb Al Falahi as chief executive officer with the task of spearheading the company’s strategy to climb the world’s leading tanker operator rankings.
BC Ferries announced that the keel-laying of a new 125-car intermediate size ferry took place today at Vancouver Shipyards in North Vancouver. The event marked the beginning of construction on the third new vessel that the company has commissioned since 2004 and was recognized at a special ceremony
Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), will divest its entire 72% interest in the rig, West Berani, to SeaDrill Asia Limited (SeaDrill Asia) for approximately US$72 million. This divestment follows the completion of the semisubmersi
The latest yacht to come out of ISA is set to wow the yachting industry with its Aquamarina (named after the yacht) special metallic paint finish on her hull and blue pearlescent on her superstructure. These exciting colors add a new dimension to the already widely acclaimed curving lines and extern
