Montana Holdings Ltd., a Nassau- based international real estate investment and development firm, under the direction of Chairman John Mittens announces the official groundbreaking of Rum Cay Resort Marina, a $700 million mixed-use resort development project. This historic event took place at the fu
Ad Lib, a 40m motor-yacht from the Auckland company Alloy Yachts in Henderson, was judged the world’s best superyacht at the marine industry Oscars in Venice this month. The award is judged by a panel of independent superyacht industry professionals, including project managers, captains, engineers a
Stockholm, Sweden, May 19, 2006: Atlas Copco has today inaugurated a new compressor manufacturing plant in Liuzhou in Southern China. The production unit will produce oil-injected screw compressors and portable compressors, mainly of the Liutech brand for the Asian market. The new facility, which is
GULF OF MEXICO — As hundreds of veterans looked on solemnly, U.S. navy divers blew holes in a retired aircraft carrier and sent the 270-metre USS Oriskany to the bottom of the sea yesterday, creating the world’s largest man-made reef. The rusted hulk took 37 minutes to slip beneath the waves, about
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The first submarine to get its final assembly at Northrop Grumman’s Newport News shipyard in 10 years returned Wednesday from successful initial sea trials to test its performance. In two days of trials, the Texas submarine was brought up to speeds of faster than 25 knots, dove deeper than 800 feet
Passengers on board a Celerity Cruises vessel say they are dissatisfied with compensation offered by the company when mechanical problems forced them to skip two port stops. Company officials say complaining passengers represent a tiny fraction of the vessel’s customers. The Summit, a 2,000-passenge
A crew member aboard ABN AMRO TWO, one of the yachts competing in the Volvo Ocean Race 2005-06, died earlier this morning after failing to regain consciousness after being swept overboard from the boat. The crew member has been named as Hans Horrevoets, 32, of The Netherlands.
One of four 18th-century ships found on the sea bed off Rhode Island could be the Endeavour, the vessel Captain Cook commanded on his first epic voyage across the Pacific Ocean, according to US archaeologists. Marine experts have found the remains of four cargo ships scuttled by the British in 1778
A Vietnamese joint venture of Danish marine boiler manufacturer Aalborg Industries opened its new plant Wednesday in Hai Phong, aiming to produce world class marine boilers. Aalborg Industries Vietnam, the joint venture of Aalborg Industries and Vietnamese shipbuilder Vinashin, has invested US$3 mil
The owner of the country’s two largest military shipyards has said the government wants to acquire both firms, and local media said on Wednesday that state arms trader Rosoboronexport was in talks to buy them. The Severnaya Verf and Baltiysky Zavod shipyards in St. Petersburg are estimated to hold s
Abu Dhabi Ship Building today launched its first Naval export order, a landing craft for the Royal Navy of Oman. It is the first time that a vessel for a Gulf Cooperation Council country has been built by another member of the regional grouping. The launching ceremony, at ADSB’s Musaffah (Abu Dhabi)
A 56-foot fin whale that washed ashore in northwest Washington died when it was struck by a ship, scientists said Wednesday. “That was fairly unequivocal,” said John Calambokidis of Cascadia Research, who led the team that examined the whale Tuesday. The carcass is on Lummi Indian tribal land that i
The Federal Government has rejected calls by the Gulf Fishermen’s Association for an inquiry into illegal fishing. The association says an inquiry would boost communication between commercial fishermen and politicians. But federal Fisheries Minister Eric Abetz says the Budget’s $389 million funding
