On Tuesday, June 26, the contract between the Federal Office for Defence Technology and Procurement and ARGE F125 for building four Class 125 frigates was signed. ARGE F125 consists of ThyssenKrupp Marine Systems leading ARGE F125 and Fr. Lürssen Werft.
Yesterday’s race was the most intense yet seen in the 32nd America’s Cup and was witnessed by a number of famous personalities, including HRH Prince Albert II of Monaco, the President of Grupo Santander, Emilio Botín, and the famous Hollywood couple Michael Douglas and Catherine Zeta Jones.
Seabourn Cruise Line has announced the name that will be given to its new, ultra luxury cruising vessel, presently under construction in Italy. The all-suite, 450-guest ship will be christened Seabourn Odyssey when she debuts in Venice in mid-2009.
Alinghi, the Defender of the 32nd America’s Cup, beat Emirates Team New Zealand on Wednesday to square the Match at two wins apiece. The Swiss team was in control for the entire race, leading the Emirates squad around the race course.
COPENHAGEN, Denmark — A small cruise ship ran aground off Greenland’s west coast and more than 50 people were evacuated safely Wednesday, the tour operator said. The Disko II hit rocks near the island of Qeqertarsuaq, but was not believed to be seriously damaged, said Soeren Rasmussen of the Danish
MacAndrews, the UK based subsidiary of CMA CGM, launched their new Reefer Xpress Service on 23rd June between Bilbao, Sheerness and Rotterdam. The first sailing was made from the Port of Bilbao by the 300 teu mv ‘Georg Mitchell’ and will provide a fixed day weekly frequency, upgrading to twice weekl
SAN DIEGO – With an eye toward attracting the fast-growing international mega-yacht market, the Port of San Diego’s Board of Commissioners has approved a project aimed at bringing more of the world’s largest yachts to San Diego Bay. Starting immediately, up to four berths suitable for yachts from 10
BRUSSELS (Thomson Financial) – The European Commission said it has approved 2.03 mln eur aid earmarked by the German government to modernise German shipyard Peene-Werft.
Funds advised by Bain Capital Beteiligungsberatung GmbH, Munich, together with the company’s founder and long-time managing director Mr. Winfried Herrmann, today announced the signing of a definitive agreement to acquire 100 percent of the shares of Bavaria Yachtbau GmbH, based in Giebelstadt / Würz
The third leg in the prestigious tour that has witnessed Pershing yachts and style drop anchor in some of the most spectacular marinas in the Mediterranean, came to an end last Sunday. From June 14 to 17, following on from Split and Mallorca, it was the turn of Venice to welcome customers, aficionad
Historically, it is very rare for the America’s Cup Match to be a close series. But with Alinghi and Emirates Team New Zealand each earning one win apiece and spending much of the first two races sailing around the course separated by less than 20 seconds, this 32nd America’s Cup Match has the poten
Northumbrian Water Ltd (NWL) has awarded Aker Kvaerner a GBP 28 million contract to design, construct, install and commission a facility to extend the treatment capabilities of the existing regional sludge treatment centre (RSTC) at Bran Sands on Teesside, in the UK. All engineering work including c
Engineering and construction major Larsen & Toubro Ltd (L&T) is expected to choose Chennai for its proposed integrated shipyard project, estimated to cost around Rs 2,000 crore. The company, which has been actively considering two more sites such as Kakinada in Andhra Pradesh and Mudra in Gujarat, m
A $50 million clam vessel being built for Clearwater Seafoods Income Fund capsized and sank in shallow waters while being towed from a shipyard in Taiwan to a nearby dry dock, the company said yesterday.
