The pre-race favourite Alfa Romeo may well have seized the lead soon after the start of the Rolex Middle Sea Race, but Neville CRICHTON (NZL) spent the first night locked in a close battle with two other canting keeled super maxis, Morning Glory and Thuraya Maximus.
The 11th oil find has been made in deepwater block 31 off Angola, according to BP and the Angolan national oil company, Sonangol. Statoil has a 13.33 interest in the block. The discovery, which has been named Titania, was drilled by the Jack Ryan drill ship to a total depth of 5,339 metres. Water de
Rashid Petroleum Company (Rashpetco) has awarded Aker Kvaerner a contract to supply five umbilicals to the Rosetta Phase 3 gas development in the Rosetta Concession, offshore Nile Delta, Egypt. The contract is valued at NOK 130 million. Work has already started on the steel tube umbilicals totalling
Voters in Panama have overwhelmingly approved an ambitious project to expand the country’s famous shipping canal. In a nationwide referendum, people voted by a margin of four to one to back the $5.2bn plan, which involves building a new channel and new locks. Many modern container ships are too larg
The Russian ship Sinegorye has sent a signal of distress from the Sea of Japan. According to the Vladivostok rescue and coordination centre, the signal came at 13:40 pm local time (6:40 Moscow time).
Around 20 Russian shipbuilding companies will display a total of 130 units of naval equipment, many featuring stealth technology, at the Euronaval-2006 exhibition opening in Paris on Monday, an official from Russia’s state arms exporter said. Stealth technology incorporates a range of design techniq
Maritime authorities arrested 24 Chinese fishermen caught poaching in waters off the western province of Palawan, the Philippine Coast Guard said Monday. A PCG vessel found the Kwok Tai Hai anchored off the coast of Balabac Island, part of Palawan, Saturday and gave chase when the foreign vessel set
The Goa government has awarded the work of removal of the River Princess vessel, grounded off Candolim since June 2000, to a company whose operations are based in Gujarat. The beleaguered ship is to be removed within six months from now. The agreement with M/s Jaisu Shipping was signed on behalf of
Tom Lewis has made millions building houses, shopping centers and high-rises. Now, the South Florida developer is taking a shot at rebuilding one of the nation’s oldest and most prolific yacht makers. This fall, Broward Marine enters a new era in its 59-year history, launching a redesigned series of
Royal Dutch Shell plc (the
The scenery is grey, the sun pokes through the clouds for a few weeks a year and the rivers freeze over in winter, but Moscow is emerging as one of the world’s most unlikely yachting capitals. For the city’s wealthy elite, a Bentley, a top-of-the-range BMW or a Hummer is yesterday’s fashion toy, and
Sime Darby Bhd has decided to sell its entire stake in a Singapore-based shipbuilder to focus more on its core businesses comprising plantation, heavy equipment, motor vehicle distribution and property. The group on Friday agreed to sell its 29.3 per cent stake in Jaya Holdings Ltd for S$301.1 milli
The British Royal Navy ship “HMS WESTMINSTER” left here on Monday morning, concluding a five-day visit to the city. Shen Changkang, deputy commander of the Shanghai naval base, held a send-off ceremony for the ship.
Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced the start of operations by MOL Consolidation Service Ltd., a new subsidiary handling ocean consolidation business (OCB) in China.
