The Poseidon Mystery Island is competing for the title of the world’s first luxury underwater resort. The complex will be designed by Bruce Jones, famous for designing a series of $80-million luxury submarines with their own private state rooms and plush carpets, designed for voyages of up to three weeks in length. The project will cost $105 million and will be submerged next to a private island at a depth of 40 feet with an amazing view of the ocean floor.
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Angeliki Frangou’s Navios Maritime Partners (NYSE: NMM) has agreed to purchase four newbuild 115,000 dwt LR2 tankers. The vessels are being acquired for a purchase price of $58.5 million each,...
The effort to “Save The Sullivans” at the Buffalo and Erie County Naval and Military Park will transition to the next phase response as the USS The Sullivans was dewatered...
By William Clowes (Bloomberg) The owners of an oil-production and storage ship had a history of financial problems before the vessel blew up in Nigerian waters two months ago. The Trinity...
