Rome/ Nova Agency The Italian Central Bank announced,  that the revenues of the Italian tourism sector amounted to 3.5 billion euros last May, with a surplus of 1.7 billion euros, according to the Italian Nova news agency. According to the bank, the balance of payments for tourism in Italy recorded …

Damen Shipyards Group’s order book rose to a company record of 8.8 billion euros as at year-end 2021. Part of that rise was due to the acquisition of an order for no fewer than 99 vessels at the Workboats division and a record number of orders for Damen Yachting. After …

Global navigation satellite system (GNSS) is a general term describing any satellite constellation that provides positioning, navigation, and timing (PNT) services on a global or regional basis. While GPS is the most prevalent GNSS, other nations are fielding, or have fielded, their own systems to provide complementary, independent PNT capability. …

45-meter motor yacht ARIA SF caught fire and was soon engulfed in flames at marina anchorage, Formentera island, Balearic islands, Med, on Aug 11. 9 guests and 7 crew were rescued by Spanish SAR boats, Spanish Salvamento Maritimo was fighting fire. If it’s extinguished and yacht remains afloat, she’s to …

Solstad Offshore ASA announced that Equinor has declared an option to extend the contract for the PSV Normand Searcher with one more year to September 2023.Equinor has the option to extend the contract with further 4 x 1 years, according to the company’s release. Normand Searcher has been on contract …

Detecting dark activity or non-transmitting vessels is one of the most persistent challenges for many entities throughout the maritime ecosystem, but it is still possible to overemphasize the search for disabled automatic identification systems (AIS). Focusing on this phenomenon is tempting, because dark activity is detectable with the right technology …

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, has agreed, through separate wholly-owned subsidiaries, to acquire nine modern ultramax dry bulk vessels built between 2015 and 2018, with an average vessel age of approximately 5.4 years, from Sea Trade Holdings …

First gas from the redeveloped Tyra field will be delayed to the winter season 2023/24 due to manufacturing and supply chain disruptions. Since the investment decision in 2017 to redevelop the Tyra field, the complex megaproject has been progressed with activities in the Danish North Sea and at construction yards …

The Official Gazette published the decision of President Abdel-Fattah El-Sisi, the President of the Republic, to appoint Walid Mohamed Sami Gamal El-Din as Chairman of the General Authority for the Economic Zone of the Suez Canal. The decision stipulated the appointment of Jamal Al-Din, with the rank of minister, for …

TotalEnergies EP Denmark A/S has exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk Interceptor in the Danish North Sea. The contract extension will commence in November 2022, in direct continuation of the rig’s current contract. Two two-month options remain on …