Projects implemented by the Turkish Ministry of Transport in the last four years to increase shipyard capacity and efficiency have started to bear fruit. The ministry took the shipyards
American Commercial Lines Inc. (“ACL” or the “Company”) (Nasdaq: ACLI) today announced results for the three and nine month periods ended September 30, 2006. Revenue for the quarter was $267 million, a 59% increase compared with $167 million for the third quarter 2005. Net income for the quarter was
A passenger ferry on the River Clyde was unwittingly caught up in an international war exercise. Operation Neptune Warrior, a training exercise for Nato warships, is taking place off the west coast of Scotland. A threat by the US Navy to fire on unidentified ships was transmitted to the Kilcreggan t
The developers of Bahia Escondida today announced construction officially is underway on its master planned residential, resort and marina destination situated on Costa Rica’s Golfe Dolce Bay in the famed resort town of Golfito. The first phase of the $350 million project will include 75 condominium
New Zealand’s $1.5 billion marine industry has been breaking waves on the 2006 international boating circuit. With a newly launched vessel deemed to rival the world’s best superyacht, a plethora of international accolades, and numerous global contracts with some of the world’s finest shipyards, New
Two men from the Isle of Man are hoping to navigate the Irish Sea in a home-made rowing boat. Mark Buttery, 41, and Alan Kneen, 37, who hope to raise money for Leukaemia Research, will launch the boat at Peel Lifeboat slipway on Saturday. Their maiden voyage will be in July 2007 when they sail [&hel
Parts of a steel tower for a wind farm in the Western Isles have been lost overboard from a ship in the North Sea. They were being transported from Denmark on the German-registered Lass Moon to Lewis. The towers should have been built on the island but the contract was taken away after the yard [&he
After three days of mixed weather, the Super Yacht Cup 2006, held in Palma, Mallorca, finally came to a close on Saturday. But despite the fluky conditions, Brian Jones, co-founder of High Modulus, reported on the excellent organisation of the event, and the friendly atmosphere amongst owners and cr
The Dominican Republic’s less popular northern coast will be receiving a boost with the development of AtlanticA, a 1,100-acre resort development poised to become the Caribbean’s largest. Carlton Advisory Service’s hospitality group, in a joint venture with an undisclosed New York-based private equi
A blockade at the port of Calais by French sailors staging industrial action has been lifted. The BBC was told about 100 sailors blocked the port on Tuesday evening after three of their colleagues were arrested for violence against police.
Aker Kvaerner has been awarded contracts to supply three subsea drilling riser systems, featuring Aker Kvaerner’s innovative CLIP riser system, to Brazilian drilling company Queiroz Galv
FB245, Amnesia, 60m, is the third Superyacht of the same owner who decided to place his trust in Benetti and in his marine engineer, Garry Bunce, once again. The owner and his friends, the representatives of the Redman Whiteley Dixon Designer study, together with the Benetti bulding team and top man
East Azeri, part of the Azeri-Chirag-Gunashli (ACG) oil development in the Caspian, is well ahead of schedule and should be on stream by the end of this year.
With only a week and a half to go until applications for this year
