Emergency crews performed a dramatic maritime rescue Monday after a double-masted sailing ship ran aground near a rock jetty in Channel Islands Harbor, then was battered by heavy surf as 20 people clung to the listing vessel.
Singamas Container Holdings Ltd., the world’s second-biggest maker of shipping containers, said profit almost doubled last year as the company benefited from Asia’s growing trade with the U.S. and Europe. Net income rose to $39.6 million…
Connexion by Boeing brings the maritime market a new choice for affordable, global, high-speed mobile communication services SEATTLE, Mar. 21, 2005 – Connexion by Boeing, a business unit of The Boeing Company (NYSE: BA), today announced initial pricing and details for its new high-speed Internet ser
Great Eastern Shipping Company Ltd. (GE Shipping) said on Wednesday that it had contracted a 2000 built dry bulk carrier of around 46,000 DWT. The vessel is expected to join the Company’s fleet in the first quarter of FY06.
However, Carnival shares declined 5.9 percent, or $3.24, to $51.59 after the company offered a full-year forecast that was short of Wall Street’s expectations. Carnival, the parent of Princess Cruises, Cunard Lines and the Carnival Cruise Lines, among others, said it made a record $345 million, or 4
In the Milton Bradley game “Battleship,” success comes from strategic positioning and a little bit of luck. The same holds true for real-life shipyards Ingalls and Bath Iron Works as they await the administration’s decision on whether to have all of its next class of destroyer built by one yard.
Market shares of Korea and Japan slip as rival raises quality Five years ago, He Baoxin was putting the finishing touches on a ship small enough to fit through the Panama Canal. Now his company is making a vessel five times that size to service offshore oil and gas rigs.
The Volvo Ocean Race is braced for the glare of Hollywood with the ground-breaking announcement today, March 21, that there will be a Pirates of the Caribbean II entry in the 2005-2006 round the world race.
Aker Yards, via its wholly owned subsidiary, Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755LN platform supply vessel. The value of the contract is approximately NOK 130 million.
KONGSBERG Maritime AS has introduced a new design in radar technology
THERE is an urgent need to launch an education campaign on the maritime industry to woo youngsters to seek a career in seafaring, Maritime Institute of Malaysia (Mima) senior fellow Capt (Rtd) Mat Taib Yasin said.
China is fast becoming a formidable sea power of the other marine variety. It doesn’t yet have monstrous aircraft carriers capable of delivering awesome fire power in the world’s seven seas, but there is a huge fleet of small fishing trawlers flying Chinese flags that sail the ocean blue.
Cruise ships of the future are likely to have everything from roller-coaster rides and go-kart tracks to wild laser light shows, if the major cruise lines have their way. And the ships will be bigger and faster, too.
The sun was shining at the historic St Katharine Docks in London on Wednesday 16 March, as Senior Minister Goh Chok Tong christened the new 68ft yacht, Uniquely Singapore.
