Ticket prices for cruise vacations should soon reach record highs that were set before the 2001 terrorist attacks and economic recession, expanding the cruise lines’ already fat profits, industry executives said Tuesday. Despite rising prices, cruise trips are still popular because they are usually
Mersey Docks & Harbour Co., the U.K. port operator which may be bought by Peel Holdings Ltd., said full- year profit rose 16 percent as shipping and ports volume increased. Net income rose to 41.3 million pounds ($79.1 million), or 52.9 pence a share, from 35.7 million pounds, or 43.7 pence, a year
Odyssey Marine Exploration Inc. said its 251-foot deep ocean archaeological platform, the Odyssey Explorer, has arrived in the western Mediterranean to begin work on the shipwreck site believed to be HMS Sussex.The Tampa-based company has received final approval on the technical and staffing portion
Keppel FELS Ltd has won contracts worth over S$990 million from AP Moller – Maersk A/S of Denmark to build four jackup rigs. Keppel FELS is a wholly-owned subsidiary of Singapore’s Keppel Corp, a marine engineering and property conglomerate. The first rig is expected to be completed in the fourth qu
The Dubai International Boat Show, the largest marine industry exhibition in the Middle East, opened today at the Dubai International Marine Club (DIMC), Mina Seyahi, with some of the finest boats and yachts on display. The show, being held from March 15 to 19, 2005, and organised by Dubai World Tra
HIGH-tech equipment capable of detecting bombs attached to the hulls of ships will be introduced as part of major security upgrade of the Port of Melbourne. The Royal Australian Navy and the Port of Melbourne Authority planned to install sonar systems to monitor activity on the harbour floor and pro
Olympic Gold Medallist names “P&O Nedlloyd Mondriaan”. P&O Nedlloyd christened the latest and largest addition to its fleet in a major ceremony in the centre of Rotterdam today. In front of 600 guests at the Rotterdam Cruise Terminal, Netherlands Olympic gold medallist Inge de Bruijn named the 8450
The International Sailing Federation and The Royal Bermuda Yacht Club have rescheduled the ISAF Women
Yachting Australia today announced their intention to nominate Richard Perini for the International Sailing Federation (ISAF) Rolex World Sailor of the Year Award when nominations open later in the year. Richard’s achievements in keelboat racing over the past 12 months have been unsurpassed. To hold
Beacon Maritime has been awarded a $25M contract from Songa Drilling AS for the reconstruction and enhancement of the independent leg, self-elevating drill rig, “Songa Jupiter”. Currently located in Sabine Pass, the “Songa Jupiter” is a Friede Goldman L-780 design that was constructed in Scotland in
Gov. Anibal Acevedo Vila on Monday announced a new agreement between the central government, the Tourism Co. and the Industrial Cruise Association, to establish economic incentives of more than $10.7 million for cruise ships. Acevedo Vila said the incentives will mean an annual investment of $4 mill
Labour was last night accused of effectively admitting that it had used
A new method for navigation at sea, independent of GPS, is being put forward in a dissertation from Link
About $100 million worth of boats were on display at the Auckland International Boat Show at the weekend, a 50 per cent rise on last year. About 15,000 visitors viewed the line-up of the best that New Zealand
