Taipei, March 23 (CNA) State-run China Shipbuilding Corp. (CSBC) President Fan Kuang-nan said Wednesday that a plan to change the company’s name will cost an estimated NT$140 million (US$4.46 million). Fan told the legislature’s Sci-Tech and Information Committee that the company submitted its name-
A disabled fish-processing ship adrift in the stormy Gulf of Alaska with 204 people aboard was taken under tow by a Coast Guard cutter Tuesday. The 325-foot Independence’s steering system failed Monday in 20-foot seas with blowing snow and wind as high as 60 mph. The weather calmed overnight, but
India will next month begin building an indigenously designed aircraft carrier that will tap Italian expertise and take eight years to complete, a senior naval officer announced yesterday. The carrier is designed to operate a mix of Russian MiG-29K and Kamov 31 anti-submarine helicopters and the nav
With stiff northerlies predicted and a strong fleet, tomorrow’s Ultimate Coastal Challenge yacht race between Auckland and Tauranga is likely to be over quickly. Brand new super maxi Maximus, the largest racing yacht to be built in New Zealand, will make its open-water debut during the race.
March 22, 2005 — SAN DIEGO, CA — National Steel and Shipbuilding Company (NASSCO: www.nassco.com), a wholly owned subsidiary of General Dynamics (NYSE: GD), has delivered the Alaskan Explorer, the second of four Alaska-class double-hull oil tankers being built for BP Oil Shipping Company, USA, a sub
Keppel Shipyard, a wholly-owned subsidiary of Keppel Corporation Ltd, has secured a Floating Production Storage & Offloading (FPSO) hull conversion contract worth S$84 million from Marathon Petroleum Company (Norway) on MST Odin. The 87,000 dwt multi-purpose shuttle tanker arrived at Keppel Shipyard
Emergency crews performed a dramatic maritime rescue Monday after a double-masted sailing ship ran aground near a rock jetty in Channel Islands Harbor, then was battered by heavy surf as 20 people clung to the listing vessel.
Singamas Container Holdings Ltd., the world’s second-biggest maker of shipping containers, said profit almost doubled last year as the company benefited from Asia’s growing trade with the U.S. and Europe. Net income rose to $39.6 million…
Connexion by Boeing brings the maritime market a new choice for affordable, global, high-speed mobile communication services SEATTLE, Mar. 21, 2005 – Connexion by Boeing, a business unit of The Boeing Company (NYSE: BA), today announced initial pricing and details for its new high-speed Internet ser
Great Eastern Shipping Company Ltd. (GE Shipping) said on Wednesday that it had contracted a 2000 built dry bulk carrier of around 46,000 DWT. The vessel is expected to join the Company’s fleet in the first quarter of FY06.
However, Carnival shares declined 5.9 percent, or $3.24, to $51.59 after the company offered a full-year forecast that was short of Wall Street’s expectations. Carnival, the parent of Princess Cruises, Cunard Lines and the Carnival Cruise Lines, among others, said it made a record $345 million, or 4
In the Milton Bradley game “Battleship,” success comes from strategic positioning and a little bit of luck. The same holds true for real-life shipyards Ingalls and Bath Iron Works as they await the administration’s decision on whether to have all of its next class of destroyer built by one yard.
Market shares of Korea and Japan slip as rival raises quality Five years ago, He Baoxin was putting the finishing touches on a ship small enough to fit through the Panama Canal. Now his company is making a vessel five times that size to service offshore oil and gas rigs.
The Volvo Ocean Race is braced for the glare of Hollywood with the ground-breaking announcement today, March 21, that there will be a Pirates of the Caribbean II entry in the 2005-2006 round the world race.
