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News

China celebrates “blue territory” on Maritime Day
News

China celebrates “blue territory” on Maritime Day

The Chinese government marked its second Maritime Day in Shanghai Tuesday to enhance public awareness of the nation’s over three million square kilometers of “blue territory”. Vice Premier Huang Ju sent a letter to the ceremony, urging further development of the nation’s ocean shipping, maritime exp

about 20 years ago
Simmons fights to prevent submarine plan from sinking
News

Simmons fights to prevent submarine plan from sinking

Rep. Rob Simmons (R-Conn.), probably the most ardent congressional supporter of the Navy

about 20 years ago
Asry wins $13 million rig contract
News

Asry wins $13 million rig contract

Arab Shipbuilding and Repair Yard Company (Asry) has been awarded a major contract from National Drilling Company (NDC), in Abu Dhabi, for their offshore self-elevating three legged jack-up drill rig the Al Mariyah. The rig, originally manufactured by Nippon Kokan K K in 1982, is owned by NDC and ha

about 20 years ago
Statoil: Valkyrie well disappoints
News

Statoil: Valkyrie well disappoints

A wildcat on the Valkyrie structure close to the Statoil-operated Norne field in the Norwegian Sea has been completed without yielding commercial hydrocarbons. The Norne production ship ranks as one of the most profitable units on the Norwegian continental shelf, and great expectations have been aro

about 20 years ago
Launching of megayacht GiVi takes CRN total to 120
News

Launching of megayacht GiVi takes CRN total to 120

Another banner day for CRN. A new launching that saw all the children of Ancona take part in the festivities at the shipyard.

about 20 years ago
Matson Completes Historic Investment
News

Matson Completes Historic Investment

Matson Navigation Company, Inc. (Matson) announced today that its newest containership, MV Maunalei, has been delivered to the company by Aker Philadelphia Shipyard. The delivery of the Maunalei represents the completion of a historic four ship modernization and replacement strategy, following the d

about 20 years ago
Clipper 05-06: Scientifically Speaking
News

Clipper 05-06: Scientifically Speaking

Clipper 05-06: Scientifically Speaking

about 20 years ago
Pirates hit UN ships in Malacca strait
News

Pirates hit UN ships in Malacca strait

Pirates have attacked two United Nations chartered vessels in the Malacca strait off the coast of tsunami-hit Aceh province in Indonesia, an international maritime watchdog said.

about 20 years ago
Genco Shipping & Trading Limited Announces Agreement to Acquire Three Drybulk Vessels
News

Genco Shipping & Trading Limited Announces Agreement to Acquire Three Drybulk Vessels

Genco Shipping & Trading Limited (NASDAQ: GSTL) today announced that the Company has agreed to acquire three drybulk vessels from affiliates of Franco Compania Naviera S.A., for an aggregate purchase price of $81.25 million. The acquisition is subject to customary closing conditions and the vessels

about 20 years ago
Reclamation work begins on first island at Dubai Waterfront
News

Reclamation work begins on first island at Dubai Waterfront

Dubai Waterfront, the world’s largest waterfront development and a subsidiary of Nakheel, began reclamation work on the first of seven islands to be reclaimed at the project. The reclamation phase of the 310-hectare island marks one of the pivotal stages in the construction of the iconic development

about 20 years ago
SHI receives plaque of appreciation
News

SHI receives plaque of appreciation

Samsung Heavy Industries(SHI) received a plaque of appreciation from the UK based energy firm BG for achieving 4 million hour zero accident record. It held a ceremony to congratulate this on July 11 at the guest house, during which President Lee Ki Ho of Geoje shipyard received an appreciation plaqu

about 20 years ago
Alloy yachts launches another megayacht over 50 metres, the sloop Kokoma
News

Alloy yachts launches another megayacht over 50 metres, the sloop Kokoma

Alloy Yachts International launched the 52 metre, performance sloop Kokomo yesterday. The yacht, which was built for Australian businessman and property developer Lang Walker, is the third yacht over 50 metres built by Alloy Yachts. The others were the 53 metre ketch Salperton (now Drumbeat) in 2002

about 20 years ago
Van Oord: Finance in place for offshore wind farm Q7
News

Van Oord: Finance in place for offshore wind farm Q7

Finance for offshore wind farm Q7 is now in place. Project owners Econcern, Energy Investments Holding and ENECO Energie signed a financing agreement with Rabobank and Dexia yesterday. The construction contract has been awarded to marine contractor Van Oord. Insurance is being provided by Delta Lloy

about 20 years ago
Alloy Yachts launch 52m (170ft) sloop Kokomo
News

Alloy Yachts launch 52m (170ft) sloop Kokomo

The 52m (170ft) sloop Kokomo was launched on 12th July at Alloy Yachts International, Auckland New Zealand. The yacht commenced construction in August 2004. She has a beam of 10.2m (33.5ft), draws 4.9m (16.1ft) and has a design displacement of 340 tonnes. The main engine is a 1200hp Caterpillar 3412

about 20 years ago
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