Posts Tagged ‘Sails’

Pirates seize Norwegian tanker

Thursday, March 11th, 2010

norway-flagThe Norwegian-owned UBT Ocean oil-product tanker, along with its 21-member crew, has been captured by Somali pirates in the waters of the Indian Ocean. The incident took place late last week, and to date the vessel is still believed to be sailing towards Somali waters.

The UBT Ocean sails under the flag of the Marshall Islands, but is owned by Broevigtank in Norway. At the time of its capture, the vessel, whose crew are all of Burmese origin, was transporting oil to Tanzania from the United Arab Emirates. The boarding of the ship took place off the East African coast outside of the Seychelles archipelago, near Madagascar. According to Broevigtank the UBT Ocean had been sailing a course well to the south of the area where Somali pirates are known to operate. Greater naval patrols around the Gulf of Aden are believed to be forcing Somali pirates further south.

Norway Post reveals that no reports have been received of any injury or harm to the crew, and the pirates have not made any ransom claims as yet. Managing Director and CEO of Broevigtank, Svenn Pedersen confirmed that the hijacking took place around 300 miles (500km) from the ship’s intended destination. “The captain made contact saying pirates were on board and then the contact was cut off. Nothing has been heard from the ship since then,” said Pedersen.

Edward Ion, a spokesperson for the 9,000 tonne ship’s technical manager, Singapore-based Ship Management Associates, said attempts to re-establish contact with the UBT Ocean have been unsuccessful.

Magma Energy takes big new share in Icelandic energy company

Tuesday, December 15th, 2009

HS-OrkaCanadian company Magma Energy yesterday took its 41 percent stake in Iceland’s HS Orka with a pledge to increase business. Geysir Green Energy, which is majority shareholder in HS on the other hand, has said its plans are to ‘trim the sails’, sell assets and pay off debts.

Magma Energy owned 8.5 percent in HS Orka before yesterday, when its purchase of a further third in the company was formally completed. The latest shares come from Reykjavik Energy and the City of Hafnarfjordur – a public-to-private (and non-Icelandic) business transaction which has proved highly controversial.

Wasting no time, the company’s new board held its first meeting yesterday. Magma Energy has two board members and Geysir Green Energy three, RUV reports.

Alexander Gudmundsson especially enjoyed yesterday, as he is now not only the Chairman of the Board at HS Orka, but also took over as CFO of Geysir Green Energy from Asgeir Margeirsson. Margeirsson resigned his post over personal concern for the company’s desire to sell assets in order to pay debts.

Roskilde Festival gets personal with art project

Wednesday, July 8th, 2009

kaupthing_is_center_blackPut a Nobel Prize winner, a renegade artist, and a few thousand music fans who don’t mind rolling around in the mud as their favourite bands play on stage and you’ve got the makings of something special. This year’s Roskilde Festival truly put the ‘human’ into their traditional mix of humanitarian awareness, art and rock music with a unique piece of artwork.
Kristian von Hornsleth, a 46 year-old Danish conceptual artist, came to Roskilde and collected hair and blood samples from 800 volunteers. He will extract their DNA, add it to a collection of other DNA that spans the global community, and place it inside a sculpture that will be deposited in the deepest place of our planet’s ocean next year. Each participant signed a certificate authenticating their DNA.

Called the Deep Storage Project, von Hornsleth has created an angular, futuristic sculpture five metres tall that will be placed in the Mariana Trench 11,000 metres beneath the surface of the ocean. The Mariana Trench is the world’s deepest undersea region, located 200 miles off Guam Island.

The JP news agency says the artist’s goal was to place the DNA of thousands of people from all walks of life deep within the earth. He feels that in a few millennia their DNA will still be intact, while life on the surface on the planet will have changed in ways we can’t even conceive.

“The sculpture looks as it does because it should not resemble something organic – it’s made up of triangles and sharp points. The idea is that 10,000 years from now, when someone sails by with their deep-sea sonar, they’ll see something down there and retrieve it. The people who donated DNA could be regenerated and maybe even come to Roskilde again,” von Hornsleth explained to Danish public broadcaster DR.

http://jp.dk/uknews/article1741555.ece?page=2