The United States on Monday applauded Panama’s overwhelming vote in favor of widening its canal, an eight-year project that will cost $5.25 billion and should lower prices for shoppers on the East Coast buying goods from Asia. The massive project, which would add a third set of locks on the Atlantic
Sir Robin Knox-Johnston has described the dramatic storm which forced him to return to port just over a day into the Velux 5 Oceans race. The 67-year-old legendary yachtsman rolled his Saga Insurance vessel 360 degrees in winds of more than 70 knots during a storm in the Bay of Biscay.
Tidewater Inc. (NYSE:TDW) announced today second quarter net earnings for the period ended September 30, 2006, of $104.2 million, or $1.86 per common share, on revenues of $274.0 million. For the same quarter last year, net earnings were $82.2 million, or $1.42 per common share, on revenues of $204.
Orders received by South Korea’s shipbuilders totaled 12.4 billion U.S. dollars in the third quarter of this year, a government report said Wednesday. This represented a 106.4 percent gain as measured in dollars, and a 142.5 percent surge in actual shipbuilding orders compared to the same period in
Norwegian shipbuilding group Kleven Maritime AS won a 3.2 billion kroner (US$477 million,
Japanese coast guard helicopters rescued crew members from two ships that ran aground at a northeastern Japanese port, an official said today. All 20 Filipino crew members of the Panamanian-registered Ellida Ace were rescued early this morning, with no injuries reported, according to a coast guard o
Work on an ambitious project to enlarge the canal of Panama including three new locks will begin next year making Panama the Americas
Alfa Romeo fulfilled her status as favourite for line honours in the Rolex Middle Sea Race when the sleek 100-foot SuperMaxi ghosted across the finish line in Malta at 14.42 hours yesterday (24 October 2006) having lead one of the toughest European yacht races almost from start to finish. New Zealan
A total of 11 sailors have now been found alive from the 18-man crew of a Russian cargo ship that sunk in the West Pacific two days ago, after rescuers found another six on Wednesday, Russian officials in Vladivostok said. One sailor was found dead Tuesday, and Russian and South Korean boats and air
The Lloyd
Parsons won the contract to put permanent Wi-Fi service on board the largest ferry system in North America: Washington State Ferries riders represent half the passenger trips in the U.S., and are rivaled closely by British Columbia
The new “rationalized” system allots each boat an individual catch quota, which it can fill at its own pace. The system is meant to improve safety and protect the fish stocks. Seattle is the largest homeport for the North Pacific fishing fleet. Most of it moors in Lake Union or Salmon Bay. A 2004 re
ICGS Savitribai Phule is the fifth and last in the series of extra fast patrol vessels (XFPVs) being designed and built by M/s Goa Shipyard Ltd for the Indian Coast Guard. She will be commissioned by Mr V Misra, secretary (Defence – Finance), Government of India on October 28, at a ceremony at Goa S
India
