EZRA Holdings Ltd. has established a 50:50 joint venture company with KS Energy Ltd. to acquire and own a new self-propelled offshore jack-up rig. The rig, which will be constructed by a North American shipyard, is expected to be delivered by the third quarter of fiscal 2007 and chartered to a Centr
Two people were still missing after a fishing boat capsized early Wednesday morning off the coast of East China’s Zhejiang Province, said the local maritime bureau. The accident occurred at about 4:30 a.m. in the sea areas 60 sea miles east of Xiangshan County under Ningbo City when the fishing boat
TWO foreign fishing boats were destroyed by Customs officers in north Australian waters today and their crew of 16 illegal fishermen have been detained. The Customs patrol boat Corio Bay was sent to the Gulf of Carpentaria after locals reported illegal fishermen in the area. The Corio Bay, working w
SAN FRANCISO, CA, United States (UPI) — Fishermen staged a rally at San Francisco`s Fishermen`s Wharf to protest a likely cut or closure of the salmon season because of poor stock. The U.S. Commerce Department, which will announce its decision on the California and Oregon fishing season this week, i
A total of 183 yachts have signed up for this year’s Antigua Sailing Week that starts on Sunday 30 April. Now in its 39th year and sponsored by Rolex this year’s event promises to be one of the best yet with some of the world’s top sailors preparing themselves for a week of exciting racing.
Neal McDonald, the newly reinstated Ericsson skipper, is confident the three crew changes announced yesterday will be enough to instigate the upturn in fortunes his syndicate desperately want. The reshuffle amounted to the team
If you’re taking a cruise that begins or ends in New York, you could find yourself in Brooklyn instead of Manhattan. With the arrival of the Queen Mary 2 on April 15, the city opened a major new cruise terminal in Brooklyn’s gritty Red Hook neighborhood. The Brooklyn Cruise Terminal is the new desig
Emirates Dredging Company (EDC), a wholly owned subsidiary of Abu Dhabi-based Al Nasser Holdings, has signed an agreement with IHC Holland to build one cutter suction dredging vessel and a land booster station. The dredging vessel to be delivered in 2007 is a 1,100 kw power-on cutter with significan
ABBOT Group, the Aberdeen-based oil services firm, has snapped up a Norwegian oil rig operator for
PANAMA is planning a $US5.25 billion ($A7 billion) expansion of its canal to handle a new generation of mammoth cargo ships and oil tankers. Built at a cost of 25,000 lives and opened in 1914, the Panama Canal was considered a masterpiece of engineering. While much of it is made up of roomy lakes, m
Defense contractor Northrop Grumman Corp. said Tuesday its net income fell on lower ship system sales, but the results came in ahead of analyst expectations as other parts gained, including its aerospace and information segments. Sales dropped about 4% to $7.18 billion from $7.45 billion, on lower r
Keppel Corporation, the world’s top offshore oil rig maker, is upgrading two yards – one in China, the other in the Philippines – to build oil rigs in order to profit from an expected surge in China’s demand for oil exploration equipment. Keppel’s yard in Nantong, China, is expected to start taking
Eight persons, four of them of a family, drowned and seven others remained missing as a mechanized boat sank in Jamuna river on Monday, officials in northern Bangladesh said on Tuesday. The officials said the mechanized boat carrying about 33 passengers was going to the west bank of Jamuna river fro
On April 21st, two vessels were launched from No.1 dock and two other vessels were launched from No.2 dock on April 22nd. The first vessel was H.N.2230, a 148,300 CBM LNGC for Bergesen, and the second one launched during the 148th batch launching was a 162K COT for Sovcomflot with our H.N. 5273. A 3
