Celebrity Cruises announced cancellation of yet another cruise –this one a 10-night Alaska voyage a month from now on the cruise ship Infinity — as a result of a new variant of the pod problems that have plagued its Millennium-class ships. Celebrity said problems with the electrical system of one of
Requirements for welding equipment will continue to expand as strong global demand drives South Korea’s export-focused industrial sectors with demand from the shipbuilding and automotive. The presence of welding-intensive end-user sectors such as shipbuilding and automotive has fuelled the growth of
Aker Braila shipyard, part of Aker Yards Norwegian group, is going to build two ships worth 20m euros together for Maritima French ship owner, reads a company release. Delivery deadlines for the two ships are March and June 2008. Aker Yards, one of the world’s biggest ship builders, has secured nume
In the first half of 2006 Royal Boskalis Westminster nv achieved a substantially higher net profit of
Private shipyard major Bharati Shipyard has firmed up plans to foray into oil rig construction. The company, which operates three yards currently, has tied up with reputed US-based oil manufacturing company for the project. The development comes with domestic majors crowding the Indian offshore spac
Potential tragedy was averted early Wednesday morning when seven people were rescued from a sinking White Marlin Open participant around 30 miles off the coast of the resort by other boats competing in the tournament that were in the area. The Coast Guard received a report around 5:30 a.m. on Wednes
Knightsbridge Tankers Limited (the “Company”) reports net income of $7.9 million and earnings per share of $0.46 for the second quarter of 2006. The average daily time charter equivalents (“TCEs”) earned by the Company’s five VLCCs was $42,800 compared with $54,300 in the immediately preceding quart
Statoil has started drilling an appraisal well in the Tornerose prospect in the Barents Sea. The Polar Pioneer rig commenced drilling on Thursday 10 August. The well is being drilled to assess the extent of the petroleum reserves in the prospect. “This appraisal well is important,” says Tim Dodson,
Tidewater Inc. (NYSE:TDW) announced today that it has entered into a definitive agreement with Crosby Marine Transportation, LLC to sell 14 of its offshore tugs, 12 of which currently constitute Tidewater’s total domestic fleet of offshore tugs. In addition, two tugs scheduled to return from interna
Shanghai International Port (Group) Co., China
It took longer than expected to complete delivery, but Mirgab V’s owners are delighted with their new “mega-yacht,” Burger Boat officials said Tuesday. The 144-foot, tri-deck vessel is in Newport, R.I. It will be loaded, along with several other luxury yachts, on a Dockwise Yacht Transport carrier s
Oil traders and refiners scrambled on Thursday to move prompt crude oil and product supplies from Asia to the U.S. West Coast, anticipating tighter markets with the closure of BP’s massive Prudhoe Bay oilfield. The shipments, including at least one cargo out of South Korean storage that could be in
Mitsubishi Heavy Industries, Ltd. (MHI) has completed construction of one of the world’s largest testing facilities for ultra heavy-duty compressors at its Hiroshima Machinery Works in Hiroshima prefecture. The completion ceremony was held today. The new facility can accommodate testing of compresso
On August 10 2006 the Nizhny Novgorod Teplokhod JSC (MNP Group) laid down the hull of the third dry cargo ship of 164-
