Rescuers did not find any bodies trapped inside the mv Blue Water Princess that capsized off Quezon province late last week, the military said, ending a three-day search for victims. The 400-ton Blue Water Princess overturned on Thursday after being battered by huge waves off the shore of the town o
Mitsui Engineering & Shipbuilding Co., Ltd., (MES with president Mr. Yasuhiko Katoh) recently completed a 56,000 dwt bulk carrier MV “TORENIA”(shipyard Hull No. 1648) which had been under construction in its Tamano Works and delivered it to the owner LEPTA SHIPPING CO., LTD.,Libelia.
A Viking Ship is on its way to the British Isles from Norway. The Sea Stallion, the biggest replica Viking vessel ever constructed, is bound for Kirkwall in Orkney.
Hercules Offshore, Inc. (“Hercules Offshore”) (Nasdaq: HERO) today announced the merger consideration expected to be paid to TODCO stockholders in the merger of Hercules Offshore and TODCO, which was completed on July 11, 2007.
Transocean Inc. (NYSE:RIG) today said it plans to report earnings for the six months ended June 30, 2007 on the morning of Wednesday, August 1, 2007. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconfe
The design challenges presented by the second generation of Volvo Open 70 are considerable not least for newcomers to the race, Marcelino Botin (pictured, above right) and Shaun Carkeek, who have been tasked with penning the lines of the PUMA Racing Team entry.
Technip has been awarded by Grupa Lotos S.A. a lumpsum turnkey contract worth approximately €472 million for the Gdansk Refinery in Poland. Technip’s operations and engineering center in Rome (Italy) will execute the contract. This is the third contract signed by Technip in Poland in the last few mo
Tidewater Inc. (NYSE:TDW) announced today that its Board of Directors has authorized a new program for the Company to spend up to $200 million to repurchase shares of its common stock in open-market or privately-negotiated transactions. The Company intends to use its available cash and, when conside
Four out of the top five luxury private yachts are owned by Middle East royalty, with the 525 foot Dubai, owned by His Highness Sheikh Mohammed bin Rashid Al Maktoum leading the list. The vessel is larger than a Royal Navy Type 42 Destroyer.
Spanish authorities say they have prevented oil from a freighter that ran aground off the holiday island of Ibiza from reaching a nature reserve. Absorbent barriers are now in place to protect the Ses Salines reserve, a sanctuary for migratory birds.
At the end of June, the Bulgarian yacht importer Yachting.bg started showing the boats at the port in Sozopol Black Sea resort. The most expensive of them was sold for 3.6 million leva on June 23. One of the yachts Atlantis 55, on sale at 2.25 million leva, was sold to a Bulgarian businessman, and [
THIRTEEN crew are missing in the Gulf of Oman after a South Korean ship sank off Iran’s southern coast, Iran’s state-run television said today. The South Korean-registered Orchid Sun had 23 crew members on board before it went down about 110 nautical miles south-east of the Iranian port city of Chah
The shipping industry, which requires $ 20 billion worth investment by 2010-11, has demanded infrastructure status to have easy access to funds for modernisation. ‘Financial institutions have apportioned funds exclusively for infrastructure projects and we can avail them only if we have that status,
In early June Siba’s livestock carrier Deneb Prima left the port of Townsville with the largest ever cattle shipment from Australia to South East Asia. The Queensland-Indonesia record voyage was successfully completed on June 25, with the delivery of over Euro7.2m worth cargo, including 20,060 cattl
