ART Marine, The Leading Marine Hospitality Company in the Middle East, proudly announces that US$ 66 million of luxury yachts will be displayed in their on-water area during the upcoming Dubai International Boat Show.
Danaos Corporation Recharters Three Containerships Expanding Its Fleet Charter Coverage to 100% for 2007. Danaos Corporation (NYSE: DAC) today announced that it has signed an agreement with CMA-CGM to time charter three containerships for a period of 36 months and at a net charter rate of $ 22,950 p
Hyundai Heavy Developed the Cable Free Type Electrical Submersible Pump for Crude Oil Transfer Hyundai Heavy Industries Co., Ltd. (HHI) has succeeded in world’s second development of a cable free type electrical submersible pump for crude oil transfer for an underground crude oil stockpile base in c
Singapore, 8th March 2007 – Yantai Raffles Shipyard(’YRS’ of the ‘Group’) is pleased to annoucne the delivery of the world’s 2nd round FPSO named the ‘Sevan Hummingbird’.
Danaos Corporation (NYSE: DAC) today announced that it has signed shipbuilding contracts for four 6,800 TEU vessels with China Shipbuilding Trading Company, Limited. The vessels will be built by the Shanghai Jiangnan Changxing Heavy Industry Company Limited and they are expected to be delivered to D
Although luxury and Superyachts have been around for most of the last century, their increase in popularity over the last decade has turned the high seas into a burgeoning business hub as CEO’s conduct their daily activities in the most private, most luxurious conference rooms in the world. However,
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has established a joint venture with Vietnam Shipbuilding Industry Group (Vinashin) located in Haiphong, Vietnam. MacGREGOR has a 49 percent shareholding in the joint venture with Vinashin’s stake standing at 51 percent.
Thames Estuary fishermen have written to the government protesting at new fishing conditions which they claim will ruin their livelihoods. The EU conditions permit no targeted fishing of skate and ray and a maximum by-catch of 25% in the North Sea.
Technip has been awarded by Petrobras a contract worth approximately $200 million for the four-year charter of its flexible pipe laying vessel Sunrise 2000, operating offshore Brazil. This contract could be renewed for four years.
The red beauty above is the Azimut 103S which will be be introduced at Dubai Boat Show. The yacht is the new flagship yacht from Azimut’s Open S range. The most impressive thing about this yacht is how much natural light there is in the interior. The yacht’s lounge and cockpit can be used as [&helli
Golden Ocean Group Limited (“Golden Ocean” or the “Company”) has agreed to sell its Panamax Bulker “M/V Golden Dena”, for gross sale proceeds of $51.02 million. Delivery to the buyers is expected to take place in June 2007.
Dubai will be the boating world’s biggest attraction next week, as the gates open to the 15th edition of the Dubai International Boat Show (DIBS), the premier exhibition in the Middle East for the leisure marine industry. Organised by the Dubai World Trade Centre (DWTC), the Dubai International Boat
The boards of directors of Hydro and Statoil have agreed to recommend to their respective shareholders that the company to be established through the merger between Hydro’s oil and gas activities and Statoil will be named StatoilHydro.
Global container shipping line APL announced today a new cooperation with Mediterranean Shipping Company and Mitsui OSK to take effect in April of 2007. This cooperation will allow continuity of product quality and scope of coverage from the U.S. East Coast to the East Coast South America.
