Production at the Sable natural gas project in the North Atlantic off the Canadian
Noel, whose intense rains are blamed for as many as 100 deaths in the Dominican Republic this week, is forecast to become an intense extra-tropical storm and pass over Nova Scotia by late this weekend, according to private forcaster DTN Meteorlogix. The Sable project, which lies 250 kilometres south-east of
Singapore-based Tata NYK Shipping Pte Ltd, the 50:50 joint venture shipping firm set up by the world's sixth biggest crude steel maker, Tata Steel Ltd, and Japanese shipping major NYK Line, will expand its fleet by inducting 10 more bulk carriers to meet rising demand for shipping cargo into and out of
The joint venture started commercial operations in May and currently operates a fleet of six vessels, including four Handymax carriers and two Panamax vessels. The joint venture was set up to ship bulk cargo such as coal, iron ore, bauxite and steel arriving in and departing from Indian shores. Officials also said the shipping firm would cater to the needs of Tata Steel for moving raw materials and finished steel. The ships operated by Tata NYK are registered in
This year
The Cruising Yacht Club of Australia announced a larger than anticipated fleet of 90 yachts has been nominated for the Rolex Sydney Hobart Yacht Race 2007,
One of the stand out features of this year’s line up is the number of international entries, in particular the six
The Royal Navy's newest and most advanced nuclear submarine, 'Astute', is taking her first dive for an underwater test of her systems.
The 'Trim and Basin Dive' is taking place in Devonshire Dock, Barrow and involves submerging 'Astute' in a dive hole large enough for the 100 metre-long, 7,400 tonne boat. The dive is the first time that the submarine has been fully submerged, and provides the opportunity to test the submarine's underwater stability and systems.
Tests include trials of various boat systems and equipment including the mechanism that releases an emergency buoy, the emergency escape tower, and various hydraulics and electrical systems. Lord Drayson, Minister for Defence Equipment and Support, said this is an important step on the road to preparing 'Astute' for service. These submarines are hugely impressive vessels, and will provide the Royal Navy with a world class capability. After completing the dive, 'Astute' will be docked and taken back into Devonshire Dock Hall. The next stage will be to calculate her stability, weight and buoyancy.
Euroseas Ltd., an owner and operator of drybulk carriers and container ships and provider of seaborne transportation for drybulk and containerized cargos has taken delivery of the M/V Trust Jakarta, to be renamed Ioanna P, a Panamax drybulk vessel of 64,873 dwt built in 1984 in
The vessel was acquired for approximately $28.6 million and was delivered with a time charter attached until July 2008 at a rate of $35,500 per day. On the basis of fixed spot and existing time charters approximately 92% of the vessel capacity in the fourth quarter of 2007 and approximately 46% in 2008 are fixed, which will help protect from market fluctuations.
A ship’s captain has been jailed for a year in the
Zbigniew Krakowski, of
An ancient ship in
Sunken cargo vessel the Nanhai No.1 with an estimated 80,000 cultural relics, including porcelain, gold artifacts, copper coins, jewelry and copper mirrors from the Southern Song Dynasty (1127 to 1279 AD), is under the sea, 30 nautical miles west of Hailing island near Yangjiang city. Already, 6,000 items have been salvaged, the official media reported. Typhoons delayed the salvage work which began in May after three years of planning. The 30-m-long ship, found in 1987 by the Guanzhou salvage bureau and a British underwater company, is the first ancient vessel to have been discovered on the "Marine Silk Road" in the
