Navy Assesses Storm Damage After Katrina
Katrina. remains a predominant concern. sustained damage. The extent of that damage is still being determined. and food to Navy and contractor personnel onsite. recovery operations progress.
Panama Canal Releases 3Q Numbers
The Panama Canal Authority (ACP) announced third quarter (Q3) operational metrics for fiscal year 2005. Canal Waters Time (CWT), the average time it takes a vessel to transit the Canal…
GlobalSantaFe Rigs Appear OK
GlobalSantaFe Corporation reported that it has accounted for all five of its drilling rigs that were in the direct path of Hurricane Katrina. All personnel on the…
Rowan Rig is Missing
Rowan Companies, Inc. completed an initial aerial survey of its 22 rigs in the Gulf of Mexico. All of the company's rigs were located, with the exception of the Rowan-New Orleans.
Ferry Passengers to be Screened for Explosives
The Transportation Security Administration (TSA) and the U.S. Coast Guard, in partnership with Golden Gate Ferry will begin testing advanced explosives detection…
Profits Fall at Daewoo Shipbuilding
Daewoo Shipbuilding & Marine Engineering Co, the world’s second-largest shipbuilder, reported net income in July declined 34 percent to $$8.1 million from a year earlier.
Drilling to Start in Iran’s Caspian Blocks
Three-dimensional seismological operations at Iranian blocks in Caspian Sea in preparation for spudding two wells are underway and drilling operations are to begin on February 1, according to PIN.
China to Look for Oil in Spratlys
A Chinese firm has won a joint contract from the state oil companies of the Philippines, Vietnam and China to search for oil in a disputed area of the South China Sea…
New Tug Features Innovative Equipment
Markey Machinery Company, Inc. of Seattle, WA, specialty manufacturers of Electric Ship-Assist & Escort Winches, recently demonstrated their continued commitment…
Helsinki Yard to Become a Ferry Builder
one of the most cost effective yards for building ferries in the industry. The site in Helsinki has become too small to meet the demand for today's ever growing cruise ship sizes…
In Katrina’s Wake, Oil Surges Past $70
Hurricane Katrina swept ashore yesterday as a Category 4 hurricane, and has left untold destruction to the Gulf states of Louisian, Mississippi and Alabama. Another…