Report: Producing Oil, Gas More Costly
The cost of producing oil and gas has risen about 53 percent the past two years, and the trend is expected to continue this year, according to a report released Monday.
Intracoastal Waterway Reopens after fuel spill
The U.S. Coast Guard reopened the Intracoastal Waterway after fuel that had been spilled earlier this morning dissipated. Pollution investigators from Coast Guard…
Navy Updates 30-year Fleet Plan
The updated U.S. 30-year fleet construction plan require more surface combatants and fewer expeditionary warfare ships, but preserves the goal of a 313-ship fleet, Defense News reported.
Coast Guard to Conduct Spill Clean Up Exercise
The U.S. Coast Guard is exercising its pollution response capabilities by deploying a Vessel of Opportunity Skimming System (VOSS) in New York Harbor Thursday, Feb. 15.
Donjon Marine Salvages Dinner Cruise Vessel
Donjon Marine, Co., Inc. salvaged the dinner cruise vessel Sunset Queen, which sank on January 28, 2007, alongside one of the Municipal Piers located in Sheepshead Bay, New York, in about 20 ft.
Epic to Build 3 RoPax Ships
Epic Shipping (UK) will expand its RoPax fleet with the purchase of three newbuild vessels to be delivered mid to end of 2008 and 2009. The three vessels are to…
More Ships for Disney?
According to a recent AP report, the head of Disney's theme park division discussed a number of new initiatives to grow the company's entertainment empire, including…
Panama Joins U.S. Port Security Program
The United States has signed an agreement with Panama to prevent smuggling of nuclear and other radioactive materials. The Declaration of Principles was signed Friday…
Ghost Fleet Ship to Become Artificial Reef
It has been a troop carrier, a missile-tracking ship, and a starred in a Hollywood movie. Now the General Hoyt S. Vandenberg will become an artificial reef off Key West, Fla.
KPMI Appoints Yeo as Chairman of Board
Keppel Philippines Marine Inc (KPMI), a company listed on the Philippine Stock Exchange and a subsidiary of Keppel Corporation Limited, has appointed Nelson Yeo as Chairman with effect from.
Lockheed Martin Awarded $186m Contract to Upgrade P-3C
The U.S. the Islamic Republic of Pakistan. Upgrade Program, which began in March 2006. Navy in January. A second aircraft is expected to join the fleet in March.
ACL Gets Over $30m of New Business
American Commercial Lines Inc. (ACL) has launched the organic growth initiative of its business strategy. ACL's organic growth model includes transporting more…
Congress Eyes Boost in Sub Production
The interest in increasing submarine production hasn't subsided since Democrats took control of Congress last month. In fact, several efforts are under way to increase…
Company Knew Tanker was Risk Before Erika Disaster
The four-month trial - the most complex of its kind in French history - may also turn into a trial of the globalized international shipping system. The aging and rusting ship…
Coast Guard Opens ICW After Fuel Dissipates
The Coast Guard opened the Intracoastal Waterway after the fuel that spilled earlier dissipated. Pollution Investigators from Coast Guard Marine Safety Unit Port…
Acquisitions for VT and Land Securities
Support services and shipbuilding company VT Group has acquired the US MILCOM Systems Corporation for $42.5m reported Citywire. Virginia-based MILCOM expects to…
Aker American Shipping SecuresFinancing for Tankers
Senior secured credit facility of $770m with Fortis closed at delivery of first tanker Aker American Shipping has, concurrently with the delivery of the first Product Tanker…
Production Cost of North Sea Oil and Gas Doubles
A chronic shortage of rigs and workers has doubled the cost of producing oil and gas in the North Sea, threatening to make the UK’s domestic oil industry uncompetitive…
This Day in Naval History - Feb. 13
1854 - Adm. Matthew Calbraith Perry anchors off Yokosuka, Japan, to receive the Japanese Emperor’s reply to a treaty proposal. 1913 - Naval Radio Station, Arlington, Va., begins operations.
STORK Bronswerk Inc changes name
Stork Bronswerk Inc., of Brossard, Quebec, Canada, a leader in the field of custom designed HVAC / Refrigeration Systems for the Marine and Offshore Industries as well as special applications, is plea
