ship

(Newser) - A severe shortage of deep-sea drilling rigs will hold up exploitation of offshore oil for years, the New York Times reports. Existing rigs are booked solid for five years, and shipbuilders around the world are scrambling to fill dozens of new orders. Oil companies are frustrated by their inability to...

(Newser) - After 40 years at sea, the glamorous passenger liner QE2 will be sold by Carnival Cruise Lines to a Dubai firm for $100 million, then turned into luxury lodgings. The company promises to restore the interior of the ship, which will be anchored off three man-made islands, and to build...

(Newser) - A fire ripped through London's historic Cutty Sark early this morning, nearly destroying the 138-year-old tea clipper. But an ongoing £25 million restoration saved the ship, which has drawn 15 million tourists to its south-east London dock since it opened in 1957. Much of its structural foundation, including its...