Qatar Shipping Company (Q-Ship), which owns over 90% of the country
Parker Drilling Company (NYSE: PKD) today announced its financial results for the three months ended March 31, 2006. The Company reported that first quarter 2006 net income increased to $11.5 million, or $0.11 per diluted share, from 2005 first quarter net income of $3.9 million, or $0.04 per dilute
Nearly 350,000 people descended on the Inner Harbour for the waterfront festival in celebration of the Volvo Ocean Race stopover in Baltimore and were treated to not only the sight of the Volvo Open 70s, but also the spectacle of the Volvo Extreme 40 catamarans. The Volvo Extreme 40s are part of the
A 30-foot pleasure boat caught fire and sank near Anacortes, leaving a sheen of diesel fuel in the water. Coast Guard Petty Officer Jeff Pollinger in Seattle says a man on board the boat escaped in a dinghy Wednesday morning and was picked up in another boat. He’s not injured.
Fishing catches in South African waters were at a historic low, caused by greater demand and shifts in the distribution of certain fish stocks, said tourism and environmental affairs deputy director-general Monde Mayekiso yesterday. The low catches have meant fewer jobs for communities dependent on
The commercial fishing industry is examining a coroner’s recommendations for increased safety measures on vessels. The coroner has found Kenneth Heathcote, the skipper of the Trade Winds, died from accidental drowning after the vessel capsized in big seas off Crowdy Head in May 2004. The coroner als
Marine oil and gas transporter Hornbeck Offshore Services Inc. on Thursday said first-quarter earnings nearly tripled as rates for offshore transport services rose. Net income rose to $14.9 million, or 54 cents per share, from $5.2 million, or 25 cents per share, in the year-ago period, which includ
As a part of saying their farewells to Baltimore
ABN AMRO TWO skipper Sebastien Josse has confirmed his faith in Lucas Brun by keeping the Brazilian in his crew for the next two legs despite the return to fitness of Gerd Jan Poortman. Poortman was widely tipped to reclaim his place onboard after doctors ruled his broken back, sustained on leg thre
The sale of Roulunds Rubber A/S and its five group companies to the German company ContiTech AG referred to in previous press release of 6 February 2006 has been finalised. The sale of the Roulunds Rubber Group has effect from 1 January 2006. ContiTech AG is a division of Continental AG which has mo
KONGSBERG has successfully delivered the tailor-made operator training simulator (OTS) to BP
On May 4th, 2006, during the move of the Hull 028 (M/Y Barchetta) part of the roadway gave way. A two square meter section of pavement bordered by an underground city water line, which unknowingly had been leaking, gave way slowly lowering the front trucks of the moving trailer six inches, which was
RasGas has named its eighth LNG ship Simaisma at a ceremony held at the Daewoo Shipbuilding and Marine Engineering Company, South Korea. RasGas has a long-term charter agreement with the Maran Gas Maritime Inc and Qatar Gas Transport Company, which owns the vessel. Under the terms of the time charte
Piracy attacks worldwide rose slightly in the first three months of 2006, with the waters around Somalia, Nigeria and Indonesia especially vulnerable, an ocean crime watchdog said on Wednesday. But there were no cases of piracy reported from the Malacca Strait, a known hotspot, the International Mar
