Friday, November 02, 2007 Maritime News

Vacon Opens Office in Brazil

Nov 02, 2007

The AC drives manufacturer Vacon has inaugurated its office in São Paulo, Brazil to support its customers in Brazil and South America. With growing energy consumption,

Rowan Profits Jump in 3Q

Nov 02, 2007

Rowan Companies, Inc. said profit in the third quarter jumped 50% on overseas demand for its offshore oil rigs and drilling services. The Houston drilling contractor

OSI Geospatial Increases Army Contract Increased

Nov 02, 2007

OSI Geospatial Inc. (TSX: OSI; OTCBB: OSIIF) announced that its U.S. Systems Operations has signed a contract that increases the scope of work for an existing U.

STG Wins $9.5 Million USCG Contract

Nov 02, 2007

STG, Inc. (STG) announced that it has won a five-year, $9.5m award from the U.S. Coast Guard (USCG) Operations Systems Center (OSC). Under this contract, STG

Navy Cancels Combat Ship Contract

Nov 02, 2007

Just six months after pulling the plug on a contract to build a combat ship in Lockport, the Navy announced that it canceled a contract to build another ship

Sinopacific Shipbuilding Plans Shanghai Listing

Nov 02, 2007

Sinopacific Shipbuilding Group Co. Ltd. plans to list on the Shanghai Stock Exchange in June 2008, raising about $670.6m, a source close to the matter told XFN-Asia.

U.S. Navy Continues Battle with Pirates

Nov 02, 2007

Countering piracy, or any other threat, comes naturally to U.S. Navy personnel patrolling critical sea lanes around the world, and October was been a busy month

IMCA Outlines Importance of DP Operations Safety

Nov 02, 2007

Safe operation of dynamically positioned (DP) vessels is of vital importance to the global offshore oil and gas industry. Ian Giddings, Technical Adviser at

IMCA Seminar Largest Ever

Nov 02, 2007

Records set by previous events in the series have been broken by the 15th Annual Seminar of the International Marine Contractors Association (IMCA), being held in Paris 6-7 November.

Canada Proposes Amendments to MTSR

Nov 02, 2007

Transport Canada published proposed amendments to the Maritime Transportation Security Regulations (MTSR). The proposal, if adopted, would implement for Canada

MARAD Announces Meeting for License Application

Nov 02, 2007

The Maritime Administration (MARAD) issued a notice stating that the Draft Environmental Impact Statement for the Calypso LNG LLC, Calypso Natural Gas Deepwater

Hellespont Names New Panamax Tankers

Nov 02, 2007

Hellespont has officially named the last two of six panamax tankers constructed for the company at the New Century Shipbuilding Co Ltd in Jingjiang, China. The

Rowan Announces Record Quarterly Results

Nov 02, 2007

For the three months ended September 30, 2007, Rowan Companies, Inc. (NYSE:RDC) generated record net income of $130.8m, or $1.16 per share, compared to $87.0m,

This Day in Navy History

Nov 02, 2007

Nov. 02: 1943 - In Battle in Empress Augusta Bay, U.S. cruisers and destroyers turn back Japanese forces trying to attack transports off Bougainville, Solomons.

Navy Cancels Fourth LCS

Nov 02, 2007

Secretary of the Navy Donald C. Winter and Chief of Naval Operations Adm. Gary Roughead said Nov. 1 that the Department of the Navy is terminating construction

Wang: Container Market Strength to Continue

Nov 02, 2007

Arnold Wang, Chairman of Evergreen Marine Corporation, addressed delegates at the World Shipping Summit (China) 2007 on "Growing Demand as Indicated by the Shipbuilding Orderbook.

Gas Carrier Grounded by Tropical Storm

Nov 02, 2007

Coast Guard personnel deployed to San Pedro de Macoris, Dominican Republic to support Dominican Republic authorities during salvage operations of Liberian gas carrier

Gas Carrier Grounded by Tropical Storm

Nov 02, 2007

Coast Guard personnel deployed to San Pedro de Macoris, Dominican Republic to support Dominican Republic authorities during salvage operations of Liberian gas carrier

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