Gunderson Signs Duo Barge Contract
Gunderson, Inc. a subsidiary of The Greenbrier Companies has received two new barge orders to be built at the company's Portland, Ore. facility for a 2000 delivery.
Utah DOT Grants Construction Contract
The Utah Department of Transportation has awarded a construction contract to Mark Steel Corp. of Salt Lake City for a new Lake Powell ferry-boat at Hall's Crossing.
Louis Lines Seeks Stock Split OK
Cyprus cruise line Louis will seek shareholders' approval for a 5:2 stock split and a new share issue to finance its recent acquisition of a Greek shipping line.
Minoan Subsidiary Picks Up Three More Vessels
Minoan Lines' 70 percent-owned subsidiary Minoan Flying Dolphins has maintained its very active buying spree of late with the announcement that it has acquired three…
Casualties
A Maltese-registered cargo ship carrying 16,000 tons of cement was in danger of breaking up on the St. Lawrence River near Quebec City after all 40 crew and passengers…
Labor Dispute Closes Canada's West Coast Ports
A dispute over the use of nonunion labor and wages that has shut down nearly all shipments through Canada's West Coast ports entered its fourth day Wednesday, with no sign of a resolution in sight.
Frontline Shares Skyrocket
Shares of the tanker company Frontline Ltd. jumped more than 300 percent on Nov. 9. The shares were up 8 at 11-1/2 in afternoon trading on the Nasdaq stock market.
Harbor Mud An Environmental 'Sleeping Giant'
Mud dredged from the bottom of harbors to keep ship commerce flowing is loaded with contaminants like dioxin and mercury, creating a sleeping giant of an environmental…
EU Mulls Action Against South Korea For Shipbuilding Practices
The European Union is considering taking action against South Korea under the World Trade Organization, accusing the country of using western subsidies to sell ships…
Barge Business Is Booming At Bollinger
Well-known in the shipbuilding industry as a quality builder of various vessels and as a specialist in ship and barge repair, conversions and barge flaring, Lockport…
Cunard Unveils Plans For “World’s Largest”
Cunard Line Limited reported that the plans for the Project Queen Mary ship are finished, and a shipyard to build what is being dubbed the world’s largest cruise…
SembCorp Unveils Plans To Save $18M/Year
SembCorp Industries Ltd. unveiled details of its shipyard restructuring, resulting in annual savings of $18 million from 2001 to help the group stay competitive.
U.S. Crude Imports To Continue To Rise
Due to declining domestic crude oil production and rising oil demand, crude imports will continue to increase over the next two decades accounting for 64 percent of U.S. oil supplies by 2020, the U.S.
Bollore Orders Six Containerships
French shipping-to-tobacco conglomerate Bollore ordered six new containerships from Taiwanese group CSBC for $190.3 million. The company said the ships would be…
Bath Iron Works To Launch AEGIS Destroyer
Bath Iron Works will launch its 10th Arleigh Burke Class AEGIS guided missile destroyer, Howard, on November 20 at the West Gate. The vessel bears the name of Marine Corps Sgt. Jimmie E.
FirstWave/Newpark Awarded Repair Contract
FirstWave/Newpark Shipbuilding was granted a contract by Pride Offshore of Houma, La. for repair and maintenance of the jack-up drilling rig Pride Colorado. The rig…
Oil Prices To Remain At Current Levels: Bankers
Central bankers meeting at the Bank for International Settlements reportedly expect world oil prices to remain around current levels, starting that higher prices are not in producers' interests.
Hanjin President Summoned By Prosecutors
South Korean prosecutors summoned Cho Su-ho, a President of Hanjin Shipping Co., for questioning over alleged tax evasion by Hanjin Group affiliates, according to…
Minoan Flying Dolphins Buys Six Ferries
Minoan Flying Dolphins bought six ferries, operating in the sea routes linking the ports of Piraeus and Rafina with the Cyclades islands, from businessman Costas Agapitos.
Experts Say Container Rates Will Rise Again
U.S. import container shipping rates on the Atlantic and Pacific should increase again next year, a senior shipping manager said, adding that most carriers will…
