Somali pirates have released a cargo vessel they seized off the coast of the Horn of Africa country after a businessman paid a $25,000 ransom, a maritime official said yesterday. The United Arab Emirates-flagged ship, which was heading to the port city of Kismayu carrying goods for businessmen there
Watch this space for Fiji
BRITAIN’S three big shipbuilding and defence groups have held exploratory talks about creating a new company or alliance in a move that would put thousands of Scottish shipbuilding jobs under threat. BAE Systems and VT Group have tabled various alternatives for Britain’s naval shipbuilding industry
The fleet has been blessed by The Reverend Mamie Alethia Williams and all seven have left the beautiful surroundings of Annapolis for the start line. On the way, Pirates stuck hard aground for a while as their deep draught and the shallow parts of Chesapeake Bay coincided at just the wrong time. The
Costa Cruises has appointed Alpha Tours, a well known Dubai based travel and leisure organisation, as their Preferred Sales Agent for the GCC Region representing Costa Cruises throughout the UAE, Saudi Arabia, Oman, Qatar, Bahrain and Kuwait. Costa
Aker Philadelphia Shipyard has commenced production on the third vessel in the ten ship product tanker build program initiated in April 2005. Steel cutting for the ship, the seventh built by the yard since its opening nearly six years ago, was performed on one of the yard’s two state-of-the-art plas
Statoil will install a recovery system for oil vapour released during crude oil loading on shuttle tankers at the Mongstad terminal near Bergen. The recovery plant, due to be completed at the turn of the year 2007/2008, will be delivered by Aker Kv
Qatar Gas Transportation Company (Nakilat) has signed a $500mn corporate loan designed to support the equity financing for future ship charters, the Middle East Economic Digest said. The tenure is nine years, Meed said in its recent issue. Sumitomo-Mitsui Banking Corporation, which has an ongoing fi
A tug-ship carrying scientists involved in environment studies in connection with the Sethusamudram canal project sank about 40 nautical miles off Kodiakarai coast in Nagapattinam district of Tamil Nadu in the wee hours of today. However all 18, including the crew, on board the ship, belonging to Dr
A cruise ship with more than 700 people on board was towed ashore last night after a fire in an engine room left it adrift in the English Channel. Hundreds of passengers were roused in their cabins when fire broke out early yesterday morning, only hours after the Calypso sailed from Tilbury, Essex,
The Head of Iran’s Ports and Shipping Organisation has claimed that $3bn has been invested in port development and shipbuilding projects, reported the Iran Daily. Ali Taheri-Motlaq said that once the first phase of the Shahid Rajaej Port development comes into operation in the summer, Iran’s contain
During the International Tug and Salvage Conference, which took place in Rotterdam from the 25th until the 29th of April, Adsteam Marine and Damen Shipyards Gorinchem, signed contracts for two Damen ASD Tugs 2411. The signing was performed by John Moller, CEO of Adsteam and Pim Schuurman, Sales Dire
A fire on board a ship with 708 passengers on board in the English Channel near Beachy Head has been extinguished, a coastguard has said. The blaze on board the Calypso was tackled by East Sussex Fire and Rescue Service. A six-strong fire team for the Maritime Incident Response Group (MIRG) has now
A normal sunny Saturday and the area beside Annapolis’ Ego Docks might normally be busy with a steady turnout of locals and visitors taking a stroll to see which shining craft has tied up in the harbour to be admired. But this morning hundreds of keen sailing fans gathered to hear the thoughts of th
