The ISS (International Superyacht Society) has announced its new president, executive board as well as a new member of its board of directors. With Australian Lance Cushion’s appointment as ISS president, the organisation continues to realise its mandate of truly representing the international natur
Delivering the on-board drama as it unfolds from the desolation of the ocean to the relative comfort of the living room is no easy technological feat. Step forward Livewire Digital, who, along with the race’s satellite communications partners, ensure every frame and sound bite is captured and transm
Statoil ASA is modifying its forecast for oil and gas production in 2007 to 1,150,000-1,200,000 barrels of oil equivalents per day (boe/d) based on an oil price of USD 60 per barrel, down from 1,300,000 boe/d.
The Vietnam Shipbuilding Industry Group (Vinashin) on May 7 announced it had successfully closed the largest ever corporate bonds issue by a Vietnamese company with a landmark 10-year, VND3 trillion (US$187 million) fundraising to finance ambitious shipbuilding projects.
Golden Ocean Group Limited (“Golden Ocean”) is pleased to advise that the Company has declared options for two newbuilding contracts at Zhoushan Jinhaiwan Shipyard in China. The vessels of 176.000 dwt are expected to be delivered in the middle of 2010. The delivered cost of the two vessels will be a
During the General Meeting of Shareholders held today, dredging contractor Royal Boskalis Westminster nv announced investments in equipment amounting to € 450 million. The equipment comprises a new mega trailing suction hopper dredger with a capacity of 40,000 m³ as a replacement for the W.D. Fairwa
The ISS (International Superyacht Society) has today announced its new president, executive board as well as a new member of its board of directors. With Australian, Lance Cushion’s appointment as ISS president, the organization continues to realize its mandate of truly representing the internationa
The first container production factory in Vietnam, which is being built by the Hai Duong Shipbuilding Industry Complex in Hai Duong province, will put out the first container in two years. In two years, Vietnamese shipping companies will be able to use locally made containers in sea transportation.
Survivors of a capsizing in which 61 Haitian migrants died have said that their vessel was rammed by a patrol boat from the Turks and Caicos Islands. Survivors told Associated Press news agency that their boat was rammed, towed into deeper water and then abandoned when it overturned.
Since the year of 2007, Dredging contractor Royal Boskalis Westminster nv sponsors the ambitious catamaran sailors Stefan Dubbeldam (19) and Sebastiaan Tentij (19) from the Netherlands. These technical students, who won last year’s Dutch Championship Hobie 16 with spinnaker, aim at participation in
The first ever German challenger to sail at the America’s Cup has said it intends to move forward, one day after sailing its last race at the 32nd America’s Cup. But skipper Jesper Bank has resigned from the team after winning just two of 20 matches at the Louis Vuitton Cup.
Set to whet the appetites of enthusiasts for the start of the summer boating season, the 32nd annual Marina del Rey Boat Show is scheduled for Thursday through Sunday, May 17th to 20th, in Burton Chace Park, 13650 Mindanao Way, Marina del Rey. Each year the boat show brings a selection of new and br
Aker Yards has signed a contract with Nordcapital, Germany, to deliver two UT-776 CD Platform supply vessels. The total value of the contract is approximately NOK 680 million. The hulls for the vessels will be built at Aker Yards in Romania, and outfitted at Aker Yards in Norway. Delivery of the ves
Wärtsilä Corporation is expanding its representation in Vietnam by opening a branch office today in Hanoi. Vietnam is a rapidly-growing market for Wärtsilä’s products and services to the shipping, shipbuilding and power industries. “With more than 3000 km of coastline and abundant offshore oil and n
