It only seems like a few weeks ago that Gulftainer’s Khorfakkan Container Terminal was awaiting the first of CMA-CGM’s series of giant new 8500 TEU containerships. However it was in fact back in January of this year and since then a steady stream of these 100,000 DWT/335 meter long leviathans have b
The search for the Russian ship Kapella rammed by a large Italian vessel near the Japanese island of Hokkaido earlier this month was stopped on Monday. Rescuers said the Kapella which carried 80 to 130 tonnes of fuel, must have sunk. In the August 3 collision, the Russian ship, punctured by the BBS
A Japanese tanker spilled about 4,500 tons (5.3 million liters, 1.4 million gallons) of crude oil in the eastern Indian Ocean near the Nicobar islands following a collision with a cargo ship, the tanker’s operator announced Tuesday. Japan’s Kyodo news service said the spill may have been the largest
Ulsan, Korea, Aug. 14, 2006 – Hyundai Heavy Industries Co., Ltd. (HHI) contracted with Shanghai Shipyard & Chengxi Shipyard for the supply of nine sets of marine propulsion engines (Model : Type 7K90MC-C) and 68 diesel generating sets (Model : HiMSEN 7H21/32 Type), which will be installed onto 3,500
Three exciting days, full of surprises and dedicated to fun and relax. This can easily be the summary of the 5th edition of the Riva Trophy, the summer event which has already become a
Frontline Ltd. (“Frontline”) announces that on 14th August 2006 it has sold its entire holding of 3,860,000 shares in General Maritime Corporation (“General Maritime”) for USD $40 per share. The shares were sold to World Wide Shipping. Frontline will record a gain of approximately USD $ 9.7 million
Shell Exploration & Production (Shell) today welcomed the delivery of first gas from its Pohokura Project in Taranaki, New Zealand.Gas began flowing from the three completed onshore wells through the production station at Motonui, near New Plymouth earlier this month. The field, which is the second
A German shipyard has built and floated a third container carrier for a Russian shipping company in the Far East, a company spokeswoman said Tuesday. Under a contract, the container vessel will be the last out of three carriers built by Aker Ostsee yard in Wismar, Germany, for Russia’s Far Eastern S
Chattanooga businessman Henry Luken, who looked at the possibility of constructing a shipyard for yacht production at the Combustion Engineering site in Chattanooga, will build it in Loudon County instead. Mr. Luken is part owner of Christensen Shipyards Ltd., of Vancouver, Wash. That facility has r
The name may not exactly roll off the tongue, but when the Navy christens its first littoral ship next month, it will inaugurate a new breed of warship that Navy leaders say is perfectly tailored to confront the emerging, unconventional threats of the 21st century. So named because they can navigate
The
The Larkspur Ferry Terminal is undergoing a $3.1 million dredging project to clear the channel of sediment. Runoff from adjacent Corte Madera Creek and currents from San Francisco Bay cause sediment to fill the channel, which was last dredged in 2002. The Dutra Dredging Co. of San Rafael is doing th
Anglo-Dutch steelmaker Corus Group Plc will increase prices of long products by up to 10 percent from October 1 given strong market demand, it said on Tuesday, joining rivals which have already hiked prices. “Demand across our main markets such as construction, commercial vehicles and shipbuilding c
Chevron Corporation (NYSE: CVX) today announced that its Australian subsidiary has successfully bid for the rights to a deepwater exploration permit with gas potential offshore Western Australia. Chevron Australia Pty Ltd will be the operator and will hold a 50 percent interest, and Shell Developmen
