Coast Guard Cutter Eagle, “America’s Tall Ship,” is scheduled to arrive 10 a.m. Friday in Boston. The Eagle will offer free public tours Friday and Saturday while moored at the Integrated Support Command, located at 427 Commercial St. Tours of the 295-foot three-masted sailing vessel will be availab
TBS International Limited (NASDAQ: TBSI), an ocean transportation services company that offers worldwide shipping solutions through liner, parcel and bulk transportation services, announced today that it has reached an agreement to sell the M.V. Dakota Belle. The M.V. Dakota Belle is an 18,576 dwt m
China National Offshore Oil Corporation has signed an agreement with the Chinese subsidiary of Canada’s Husky Oil Limited to explore deepwater areas of offshore China, CNOOC announced Wednesday. The Hong Kong- and New York-listed company said the targeted areas include three blocks; one in Eastern S
Hanjin Shipping announced its earnings for the first half of 2006. The total sales marked KRW 2.92 trillion and operating income KRW 53.1 billion. The US dollar revenue rose 6.2% driven up by the steady rise in the container volume. The Korea Won revenue also increased 0.8% year-on-year, a noteworth
The Port of Corpus Christi plans to commit $83 million to develop a new container terminal along the Gulf Coast. The Port of Corpus Christi is in negotiations with Dragados-S.P.L. in Madrid, Spain, toward a definitive construction and long-term concession agreement for the La Quinta Trade Gateway Co
The United States may have more difficulty capturing terrorists, intercepting weapons of mass destruction and conducting routine military operations at sea if the U.S. Senate ratifies the Law of the Sea Treaty, according to a just-released report by The National Center for Public Policy Research. Th
Following the lapse of the legal deadline of August 2 for demerging its offshore division, the Great Eastern Shipping Company Ltd has now said it will apply to the Bombay High Court to extend the date for the demerger. In a filing on the Bombay Stock Exchange, GE Shipping said that the board at its
THE number of cruise ship passengers arriving into the island between the first six months of this year has dropped by 17 per cent when compared to the same period in 2005. This comes despite the fact that the number of ships coming into the port has increased from 240 to 272, or 13.3 per […]
Cochin Shipyard Limited (CLS) launched three vessels on Wednesday at a brief function held at the Shipyard. The vessels were: a bulk carrier for Clipper group of Bahamas, a fire-fighting tug for ATCO Saudi Arabia, and a platform vessel for Deep Sea Supplies of Norway. The flooding of the dock was co
The traditional launch of the schooner Isabella is set for Sunday, Aug. 13 at high tide (approximately 3 p.m.) at the Burnham Boatyard, Burnham Court, adjacent to the Essex Shipbuilding Museum. Master shipwright Harold Burnham and his crew will launch the 38-foot custom built two-masted schooner usi
OWNERS of the vessel that ran aground in Rotuma said yesterday there will be no oil spill because all fuel in the boat had been siphoned-off into 44 gallon drums. Kadavu Provincial Council chairman Ratu Josateki Nawalowalo urged people concerned to let common sense prevail. “When the boat was ground
It’s a scene played out often these days, and not just in Disney movies: A yacht or a ship is attacked at sea, the passengers and crew are beaten or killed and the modern-day pirates get away with valuable booty. Piracy is big business, costing mariners and insurance companies $16 billion annually,
Megayacht builder Christensen Shipyards, which had been considering the purchase of the former Vanalco aluminum plant, on the Columbia River, has abandoned that plan and decided to build a new shipyard, near Knoxville, Tennessee. Christensen
Oil traders and refiners on Thursday moved to dispatch prompt crude supplies to the U.S. West Coast, which will soon begin to feel the pinch of BP’s decision to shut down its massive Prudhoe Bay oilfield, traders said. Independent U.S. refiner Tesoro Corp. (TSO.N: Quote, Profile, Research), which ha
