NOL Shares Soar On Management Change News
Shares of shipping and logistics group Neptune Orient Lines Ltd. (NOL) surged almost 10% on optimism over recent management changes, dealers said on Tuesday. Late September…
Ships Reported Sold
Bulker, Reliance Ocean - (built 1980) 194,399 dwt sold for $8 million. Bulker, Lucky Bulker - (built 1977) 70,600 dwt sold for $2.1 million. Bulker, Coral Halo - (built 1995) 45…
USCG Cocaine Seizures Top $3.9B
The U.S. Coast Guard seized a record 111,689 pounds of cocaine with a street value of $3.9 billion in FY '99, an increase of 35 percent over last year. More than…
12 Years After Ferry Disaster, Money Awarded
Relatives of two passengers of a Philippine ferry who died with 4,000 others in the world's worst peacetime sea disaster have won claims for damages after almost 12 years of court battle.
LPG Explosion Investigation Starts
An investigation is underway to determine the cause of an explosion aboard a Liberian-registered LPG tanker which killed five people in a Philippine shipyard facility.
Bureau Veritas' Boisson Authors Maritime Safety Book
Philippe Boisson, communications manager and legal advisor to Bureau Veritas' Marine Division, has recently authored a book, Safety at sea: policies, regulations and international law…
ShipRepair & Conversion 99
After last year's impressive increase in visitor numbers, this year's ShipRepair & Conversion Exposition is well on its way to comparable success with more than…
The Storm Before The Calm?
Advances in satellite communication product and service technology seem to have outpaced many of the markets they seek to serve. However, despite some jittery times…
Perkins Sabre Unveils New Engines
Available to boatbuilders, owners and operators throughout the U.S., Perkins Sabre has introduced the newest additions to its 65 to 800-hp marine diesel range. The…
Cruise Ship Design: Propulsion Choices, Space Optimization Key To Ship Profitability
Technical development in ships has been tremendous during the past 10 years. New technology has been introduced faster than ever before in the shipbuilding history.
Vera Bisso: Cutting an Imposing Figure
Why is a story on a new 105-ft. tug leading off the propulsion performance products section? Because the Vera Bisso, a new 32-m multi-purpose, double-hull tug, being…
TDI-Halter Delivers Drilling Barge To Sedco Forex
TDI-Halter, a Halter Marine Group, Inc. company, Gulfport, Miss., delivered Prisa 103, the last of the trio of newly-built drilling barges to Sedco Forex, the drilling…
Croatian Shipyard Delivers Oil Tanker To Doria Shipping
3.Maj Brodogradilište (MAJ), of Rijeka Croatia, delivered the first oil tanker of a series of four to Doria Shipping. In March, 1997 3.MAJ was contracted to build four 71…
Latest Luxury Liner From Germany
The second of four cruise vessels to be constructed at the Meyer Werft Shipyard for Star Cruises, the Asian-based company recently accepted delivery of Superstar…
Hitachi Completes Bulk Carrier for Golden Door
Hitachi Zosen Maizuru Works has completed the Golden Nerina, a 75,484-dwt bulk carrier, for Golden Door Corporation of Liberia. The Panamanian-registered vessel…
Swedish Club: Stability In Stormy Markets
While the impact of poor freight rates and low oil prices have been felt in all quarters of the Scandinavian maritime industries, the region's hull underwriters…
DNV Opens Virtual Shipyard
Det Norske Veritas (DNV) opened the world's first virtual shipyard representing state-of-the-art within ship classification. Based on DNV's digital platform Nauticus…
First K98MC Engine Is Successfully Tested
Earlier this year, MAN B&W's Korean licensee, Hyundai Heavy Industries began production of the first MAN B&W 7K98MC type engine. The structure was completed in August…
Atlantic Marine Cuts Steel On AMCV Vessel
Atlantic Marine, Jacksonville, Fla., has accomplished its first cut of steel for its new fleet of 226-passenger U.S.-flag coastal ships, Delta Queen Coastal Cruises.
USCG Uses 3Com Technology To Launch Virtual Private Networks
The U.S. Coast Guard is deploying Virtual Private Networks (VPNs) based on 3Com's wide area network (WAN) systems). 3Com, which secures, high speed communications…
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