GULFPORT – Edison Chouest Offshore, an offshore vessel service company, hopes within two weeks to exercise an option to buy the old Halter Marine property. Bill Hessell, interim director of the Harrison County Development Commission, said Monday that the company plans to open a subsidiary operation,
Caspi Cruises announced today that it had obtained an exclusive franchise to market the Dream Princess cruise ship. The company said that the ship would be the largest and most luxurious cruise ship ever to operate in Israel.
Aker Finnyards has signed a letter of intent with Royal Caribbean Cruises Ltd. for the construction of a third in a series of cruise ships to be built at the company’s Turku shipyard. The value of the order will be about EUR 580 million.
Maximus, the new 100ft supermaxi from New Zealand officially entered Antigua Sailing Week 2005 on February 28 and will be shipped from New Zealand to Antigua on 18 March. With Maximus’ attendance, the first Round Island Race race for the Yachting World Trophy looks set to be a fast one.
A new player is set to join the America’s Cup fray for 2007. A Chinese investor has launched a pioneering $64 million bid for the Auld Mug. China Team is joining forces with the former French America’s Cup team Le Defi to take part in the 2007 event.
Peninsular & Oriental Steam Navigation Co, the UK’s largest ferry and port operator, posted a second-half loss because of costs to close ferry routes. The shares fell after the company said the disruption to ferry schedules at Calais, France following a bridge collapse, may hurt profit this year.
Operating at 93 per cent of its maximum capacity and unable to handle the today’s ultra-large container ships, the Panama Canal must be expanded, said industry executives who gathered recently in Panama City.
The World Trade Organisation on Monday gave South Korea three months to halt certain shipbuilding subsidies following a complaint by the European Union against the world’s leading shipbuilding nation. The WTO’s disputes settlement panel said it had decided to “uphold the EU’s claim that Korea has pr
THE MARITIME Industrial Park (MIP) is where investors would be invited to locate their shipbuilding yards. The MIP covers 100 hectares of shoreline property located within the 3,000-hectare Phividec Industrial Estate in Tagaloan town in the southern province of Misamis Oriental. It will be developed
Dredges began widening Patrick Air Force Base Monday to repair shoreline eroded by hurricanes Frances and Jeanne, according to Local 6 News partner Florida Today. Dredges from Weeks Marine, Inc. arrived and completed their set-up operations on Sunday, according to the report.
OAK HARBOR — The State Controlling Board has released $25,000 to the Ohio Department of Natural Resources for dredging projects at the Portage River Access Wildlife Areas and Metzger Marsh. The funds provide for the initial design and engineering stages of a project to be started later this year.
Our corner of the United States was once an afterthought, as China focused its trade on the West Coast and Northeast. No more. The world’s fastest-growing industrial nation has ramped up its business dealings with South Florida. Nowhere is this more apparent than at the Port of Miami, where cargo to
A Michigan congressman said last week she will seek $2.5 million for federal officials to investigate the theory behind a potentially underrated source of Great Lakes water level declines. U.S. Rep. Candice Miller (R., Mich.) wants the Army Corps of Engineers and U.S.-Canada International Joint Comm
Cruise-ship visits to St. Croix dropped 95 percent, from 237,407 passengers on 138 cruise-ship calls in 2001 to 12,606 on five cruise-ship visits through November of last year, according to Henry de Lagarde, director of USVI tourism in New York City.
