KEPPEL TO RESTRUCTURE TOWAGE BUSINESS
Keppel Corp Ltd said on Tuesday it was restructuring its towage business which will be completed by the end of September. In a statement, the company announced that…
LATVIAN SHIPPING SELL-OFF RULES COMING SOON
The elongated saga to sell the world's 19th largest shipping firm (in terms of tonnage) will seemingly take another step towards the exit door next week, as final…
JAPANESE FOREIGN SHIP ORDERS DROP 39%
Japanese shipyards received foreign orders for 21 vessels totaling 581,100 GRT in July, down 39.6 percent from a year before, the Japan Ship Exporters' Association said.
SINGAPORE RUNS Y2K DRILLS
With the countdown to the end of the year drawing to a close, officials in all maritime related businesses are busily preparing for the coming, potential, problems to from the Y2K bug.
CONTAINERSHIP FIRE CONTROLLED, INVESTIGATION BEGINS
A fire on a containership in the English Channel was brought under control on Wednesday, and the investigation began as to how the ship and a cruise vessel cruise…
OIL SHEDS $0.61 IN SELL OFF
World oil markets dove on Thursday, apparently fueled by speculators' sell-off. Benchmark Brent blend futures dropped $0.61 cents to $20.02 a barrel in late trading after overnight U.S.
Completion of Offshore Wells
The Houston Exploration Company announced the completion of offshore wells that should provide additional production beginning in the second quarter of 1999. Because…
Halliburton Divests PathFinder LWD Business
Halliburton Company and W-H Energy Services, Inc., jointly announced Halliburton has sold its logging-while-drilling (LWD) and related measurement-while-drilling…
Cheniere Energy Commences Drilling Project
Cheniere Energy began test well drilling on its third prospect: a 3-D Exploration Program in Cameron Parish, La. Located in approximately 25 ft. of water offshore Louisiana…
Houston Exploration Obtains Leases In Private Transaction
Houston Exploration has acquired 100 percent working interests in six offshore leases from ATP Oil & Gas Corporation. Varying from 25 to 100 percent, the Gulf of…
Pinnacle Awarded Drilling Rig Accommodation
Pinnacle Building Systems, LLC, has been granted the drilling rig accommodation unit for the BP/Amoco Marlin Tension Leg Platform (TLP) living quarters. Situated in 3,000 ft.
Proposed Notice of Sale Issued for Western Gulf of Mexico OCS Sale 174
The U.S. Department of the Interior's Minerals Management Service (MMS) is making available the Proposed Notice of Sale for Western Gulf of Mexico (GOM) Sale 174.
BP-Amoco and ARCO in $26.8 Billion Deal
BP Amoco confirmed, following a successful outcome to talks between the two companies, it has reached agreement to combine with the Atlantic Richfield Company (ARCO) of Los Angeles.
Unocal Announces Deepwater Gulf of Mexico Discovery
discovery on the Mad Dog prospect in the Gulf of Mexico deepwater Green Canyon block 826. The well encountered 300 net ft. of hydrocarbons, primarily crude oil.
California Princess Delivered
California Princess, built by Freeport Shipbuilding, recently went into service for San Diego Harbor Excursions. The 115 ft. vessel was designed by DeJong & Lebet, Inc.
Corporate Coastal Yacht
Pluckebaum Custom Boats recently launched a custom 80 ft. corporate coastal yacht, designed for dining and entertaining large groups of corporate customers. The…
Spill Response Boat Delivered to North Africa
JBF Environmental Technology has delivered the first JBF DIP400/420 class Oil Spill Response Boat to the Tunisian Agence Nationale de Protection de l'Environment (ANPE).
Gladding-Hearn Delivers Police Boat
Gladding-Hearn Shipbuilding, The Duclos Corp., has delivered its 11th police boat for the New York City Police Department. The new high-speed, all-aluminum deep V-hull, which measures 13 ft.
Second Liftboat Delivered to Danos & Curole
Danos & Curole, Inc., of Larose, La., has recently taken delivery of the second of two state-of-the-art liftboats. The 200 class Luke David was delivered by Conrad Shipyards…
Marinette Marine Launches Eighth Buoy Tender
Marinette Marine Corporation launched the eighth USCG Coastal Buoy Tender, Barbara Mabrity (WLM-559). The 175 ft. vessel features a Z-drive propulsion system enabling excellent maneuverability.
