Cargotec has signed an agreement to acquire BMH Marine AB, a Swedish company specialising in dry bulk handling equipment on ships and at port terminals. The business will become a part of Cargotec
A local court in the United Arab Emirates (UAE) has sentenced the captain of an Indian ship to life imprisonment following an incident in February that led to the death of a sailor. Apart from Jitendra Malhotra, the captain, who was awarded life imprisonment, five other crew members were sentenced t
Having won this race eight years ago, sailed a leg in the last edition and seemingly led his Pirates of the Caribbean crew to second place this time round, Paul Cayard remains undecided on whether he will sail a fourth Volvo Ocean Race campaign in three years time. Cayard, who will be 50 when the [&
While the excitement of the Leg 8 finish and then the In Port race has been taking up most of the attention, the gaps have been filled by the Volvo Extreme 40 catamarans. The cats have been racing in the canalised Maas river, just off the race village, except for one day when they ventured […
Fincantieri has won an order from Costa Crociere for two ships (one option) worth 840 million euros to the owner. The 92,700-ton vessels will be built at Marghera (Venice) shipyard with delivery due in spring 2009 and autumn 2010.Each ship will have a passenger capacity of 2,260 with 1,130 cabins av
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), today announced that it has ordered two cruise ships for its European brands with an option for a third. Included in today’s order are a 92,700-ton vessel for Genoa, Italy-based Costa Crociere, as well as an option for a sister ship, both to be
With the thud of a sparkling wine bottle against a steel hull, a replica of the USS Monitor was christened Sunday afternoon. An array of dignitaries gathered Sunday afternoon at The Mariners’ Museum to recognize the full-scale replica of the famed Navy ironclad. The ship won’t be sailing but instead
Navy chief Admiral Arun Prakash will travel to Russia next week to review ongoing defence projects, including the work on Admiral Gorshkov aircraft carrier and its MiG-29K fighter complement, and also discuss new projects like the procurement of three more stealth frigates. Admiral Prakash will also
A contract worth about NOK 160 million for hook-up of a new quarters module on Snorre A in the North Sea has been awarded by operator Statoil to S
Teekay Shipping Corporation (Teekay) (NYSE: TK) today announced that its Board of Directors has approved a plan to create a new publicly-traded master limited partnership called Teekay Offshore Partners L.P. that will focus on providing marine solutions to the growing offshore energy sector. Teekay
THE French registered fishing vessel ‘Mariette Le Roch’ contacted Clyde Coastguard yesterday afternoon reporting loss of power. The ‘Mariette Le Roch’ was drifting two and a half miles off the Isle of Arran. Clyde Coastguard tasked the Arran Coastguard Rescue Team to the scene, they were on site wit
Rescue crews searched the Chesapeake Bay on Sunday for a prominent publisher and former diplomat whose sailboat was found empty and drifting in shallow water. Philip Merrill, 72, an experienced sailor, had taken his sailboat out alone Saturday, and he typically followed an 18-mile round trip without
Fifteen hundred long and painstaking miles around Britain and Ireland turns out to be nothing more than a useful indication that Brunel can be competitive in light winds. Their fifth place on Leg 8 has been annulled due to a navigational oversight on the approach to Rotterdam. Thirty miles from the
Something goes on between the port and starboard earlobes of the ABN AMRO ONE think tank which simply doesn
