Austal USA will expand its Mobile shipbuilding operations and create an estimated 250 new jobs. John Rothwell, founder and executive chairman of parent company Austal Ltd., told shareholders on Monday that he expected employment at the Mobile plant to grow by about a third as a result of the expansi
The Coast Guard is responding to a capsized fishing vessel 60 miles south of Sand Point in the Aleutian Island Chain. The Coast Guard received a call from the car carrier Overseas Joyce at 9:49 a.m. today, relaying a mayday from the fishing vessel Ocean Challenger. Three of the four crewmembers of t
Greenpeace is calling on the Fiji authorities to investigate a pirate fishing ship docked in Suva harbour. The Wen Teng 688 was blacklisted by the Inter-American Tropical Tuna Commission last year after carrying out pirate activities in the Eastern Pacific Ocean. A Greenpeace intern claims he saw cr
APM Terminals part of Denmark’s AP Moller-Maersk group installed large numbers of reefer stacks when it built the new terminal because Zeebrugge is an important import and export point for fruit and perishable goods. The stacks are meant to help general container shipping lines to win more of that t
Europe’s fisheries commissioner is in Scotland on a fact-finding mission ahead of EU fish quota negotiations. Joe Borg’s two-day visit to Aberdeen, Shetland and the Western Isles is likely to be dominated by opposition to a proposed ban on cod fishing.
Emirates Team New Zealand has launched its second 2007 race yacht, with Prime Minster Helen Clark performing the honours at the team
The 11th annual Azimut Yachts Dealers Meeting took place in Milan, on the 5th of October 2006, at the Principi di Savoia Hotel. This meeting represented the most important moment in the annual activities between Azimut Yachts and their worldwide dealers: this meeting gathered the Board of Azimut Yac
Tamil Tiger rebels have carried out a suicide attack on a naval base in the southern Sri Lankan tourist city of Galle. Eyewitnesses to the attack and the chaotic aftermath describe what they saw. When we heard the first blast, we didn’t know what it was. We immediately ran to get a view of the [&hel
ISS, the International Superyacht Society, has announced that noted actress, Stephanie Zimbalist, will emcee the large yacht industry
The swelling legions of the super-rich are no longer content with your basic yacht. Only a mega-yacht will do – with, for starters, a parking bay for the Ferrari, a heliport and a jacuzzi. On display at a recent nautical expo in the northern Italian port of Genoa, gleaming in the autumn sunshine, we
Husky Energy Inc. reported net earnings of $682 million or $1.61 per share (diluted) in the third quarter of 2006, up 23 percent from $556 million or $1.31 per share (diluted) in the third quarter of 2005. Cash flow from operations in the third quarter was $1.2 billion or $2.88 per share (diluted),
Maersk Contractors and Total E&P Borneo have agreed on a contract for lease of a 375 ft jack-up rig to drill at Total’s Maharaja Lela field off Brunei. The rig is the first of two identical jack-up drilling rigs presently under construction at Jurong Shipyard in Singapore. The contract will commence
THE US$200 MILLION yacht docked in Carlisle Bay belongs to billionaire philanthropist Paul Gardner Allen. The 127-metre (416-foot) MY Octopus, a regular visitor to Barbados, was launched in 2003 as the world’s largest yacht, though it is fourth in the list of motor yachts by length.
A complete ban on North Sea cod fishing in 2007 is the main recommendation to European governments from their scientific advisors on fisheries. The International Council for the Exploration of the Sea (Ices) says stocks of cod, sandeel and anchovy remain below sustainable limits. Ices has made the s
