Members of the military are being offered a chance to get away – for free. Discovery Cruise Line is offering military personnel who served in either Iraq or Afghanistan this year a free cruise to the Grand Bahama Island.
Silt has prevented some barges from being loaded. Officials at the Tulsa Port of Catoosa approved a $520,000 plan for emergency channel dredging Thursday. The board of directors voted unanimously in favor of the project, which port Director Bob Portiss said was necessary because a buildup of silt ha
With 80 days to go to the start of the Round the World Race 2005-2006, and after sailing over 18,000 miles as part of its training programme, team movistar continues work on developing its Volvo Open 70.
The ombudsman has upheld a complaint against the Defence Ministry over the way it handled its navy shipbuilding contract. The complaint was lodged by the local agent for the world’s biggest shipbuilder, Hyundai Heavy Industries.
Husky Energy announced today that the SeaRose FPSO (floating production, storage and offloading vessel) has arrived at the White Rose oil field, 350 kilometres east of St. John’s, Newfoundland, following a 48-hour journey from Marystown.
Shares of Brazil’s Petrobras rose on Monday after the fast-growing state-run oil company boosted its 2006-2010 investment plan by 64 percent. “About half of the spending increase came due to higher costs but the other part is new investment,” said Lucrecia Tam, an analyst with Deutsche Bank Securiti
Near-term profits in the market for container shipping services are at an all-time high, and the market is growing at 8 to 10 percent per year, but increased market growth and continued customer demand for greater reliability at lower total cost are putting considerable strain on existing industry i
The European Commission said it has cleared a refrigerated vessels joint venture between Japan’s NYK Reefers and Danish shipping group Lauritzen.
Government has set up a high power steering group for catalysing the growth and development of cruise shipping in India. Minister of shipping, road transport and highways TR Baalu told Rajya Sabha last week that setting up of the group is a step towards improving the position of cruise shipping.
European tourism and shipping firm TUI has made a US$2 billion ($2.9 billion) cash offer for CP Ships to create the world’s fifth biggest container shipping company.
GLASGOW’S thriving shipbuilding sector has helped attract a major conference which will look at the industry’s prospects in the 21st century.
Northrop Grumman expects to lay off 900 employees, 500 of them in Pascagoula, by the end of the year. Phil Teel, president of Northrop Grumman Ship Systems, said a dip in the number of contracts that have been awarded to the company over the past few years led to the layoffs. The company had anticip
After successfully collaborating in the telecommunications and content businesses, Sony is now joining the Ericsson Racing Team to tackle the Volvo Ocean Race 2005 and 2006 challenge. Carl-Henric Svanberg, Ericsson President and CEO, says “We are delighted to have Sony on board for the Volvo Ocean R
Larry Ellison’s mighty BMW Oracle Racing America’s Cup team are facing one problem after another. Noel Drennan, Dirk de Ridder and Tony Kolb are leaving the America’s Cup team to sail in this winter’s Volvo Ocean Race. Other sailors and shore staff are considering their position.
