SKorean Shares Close Higher
According to reports, South Korean shares finished higher on Thursday, with late buying of shipbuilding and technology counters helping the key index close in positive territory.
Grupo TMM Reports 4Q and 2007 Financial Results
Grupo TMM reported its financial results for the fourth quarter and 12 months of 2007.
Great Eastern Shipping to Sell Product Tankers
Great Eastern Shipping Co Ltd said it plans to sell two medium range product tankers for an undisclosed sum. The tankers would be delivered to their buyers in the first quarter of 2009/10…
Teekay Offshore Partners Reports 4Q and Annual Results
Teekay Offshore Partners reported its fourth quarter and annual results for 2007. Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) today…
Stolt-Nielsen S.A. Reports 4Q and 2007 Results
Stolt-Nielsen S.A. reported results for the fourth quarter and full year ended November 30, 2007. The financial statements for the full year ended November 30, 2007 have been audited.
Dockwise Announces Q4 and 2007 Results
DOCKWISE Ltd., announced its Q4 and full year 2007 results. Revenue increased 15% to USD 290 million (USD 252 million 2006). Milestone projects executed successfully…
Navy Christens Amphibious Transport Dock Ship New York
The Navy will christen the newest San Antonio class amphibious transport dock ship New York (LPD 21) at 10 a.m. CST on Saturday, March 1, 2008, during a ceremony…
Tugboats Hired to Break Ice in St. Joe Valley
Benewah County has hired a tugboat operator to break ice on Lake Coeur dAlene to ease the flood threat in the St. Joe River valley. Two tugs from North Idaho Maritime…
Capital Product to Buy Tankers
Capital Product Partners LP has signed a nonbinding letter of intent to buy two vessels from Capital Maritime & Trading Corp., for total of $118m. The deal is expected to be completed by April.
Ferry Hits Oil Platform
A DFDS Seaways ferry crashed into an oil platform on the River Tyne in 60mph winds. The collision, which occurred last Friday, happened after several ropes tethering the 30…
Strong Start for Marseilles-Fos
January cargo throughput at Marseilles-Fos reached 8.52 million tons for a 6 percent rise on January 2007, one of last year’s busiest months at the leading French port.
This Day in Naval History - Feb. 28
1844 - The Peacemaker, an experimental 14-inch gun, explodes aboard USS Princeton. 1893 - USS Indiana (BB 1), the first true battleship in the U.S. Navy, is launched.
SeaArk Delivers Transporter
SeaArk Marine, Inc. has delivered a 50-ft. Transporter to Gulf Islands National Seashore in Ocean Springs, MS. The vessel, Captain George, and her crew are tasked…
This Day in Naval History - Feb. 28
1844 - The Peacemaker, an experimental 14-inch gun, explodes aboard USS Princeton. 1893 - USS Indiana (BB 1), the first true battleship in the U.S. Navy, is launched.
BC Ferries Releases 3Q Results
British Columbia Ferry Services Inc. quarter results for fiscal 2007/08. last year. Net earnings before extraordinary gain for the nine-month period ended December 30…
Euronav Enters FSO Market
Euronav NV announced that Maersk Oil Qatar AS has awarded two contracts for the provision of Floating Storage and Offloading (‘FSO’) services on the Al Shaheen field off shore Qatar.