Gulf of Mexico Deepwater Oil and Gas Production Rises Dramatically
The Minerals Management Service (MMS) announced production of offshore oil and gas in the deepwater (greater than 1,000 ft deep) portion of the Gulf of Mexico (GOM)…
Why Comply?
Shipowners are constantly faced with ever-changing laws and guidelines they must abide by. If they don't adhere - or even are not aware of these environmental requirements…
Bergesen: Tanker Weakness Leads To 4Q Decline
Norway's largest shipping firm Bergesen d.y. Group ASA last Thursday forecast results to decline in the fourth quarter compared with the third due to fewer tankers…
Chevron Mulls Options After Platform Sinks
Chevron Corp. is assessing the impact on the development timetable of its North Nemba oilfield off the Angola coast after the sinking of the production platform on route from South Korea.
Lockout Halts Shipments At Vancouver
Shipments through Vancouver, Canada's busiest port, came to an almost complete halt as employers imposed a lockout on unionized longshore workers in a bid to force an end to a contract dispute.
Conrad Industries Reports 3Q Results
Conrad Industries, Inc. reported net income of $71,000 for the quarter ended September 30, 1999, compared to net income of $1.3 million for the quarter ended September 30, 1998.
No Relief Yet
Oilfield service companies were not nearly as lucky as their oil producing counterparts. While net income in the oil producing industry was up over the 1998 third-quarter…
Powerful Additions
After success with six John Deere marine engines, a charter fisherman adds four new PowerTech 12.5 L engines to his fleet. Steve Tomeny can't get enough of a good thing.
Oil Price Rebound Means Big Gains for Oil Producers
The third quarter proved to be a prosperous one for oil companies, as most of our sampling realized substantial gains in net income and net operating income for the period…
Barge Business 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…
Shipyards Multitask to Gain Experience
Worldwide, the road to success in the ship and boatbuilding market is literally paved with companies that have gone belly up, been acquired or are currently hanging by a literal thread.
Global To Open Offshore HQ
Global Industries will significantly expand its capacity to meet operators' deepwater and reel pipelay needs in the Gulf of Mexico this December with the opening…
Up, Up and Away?
The only logical reason the sustained high price per barrel of oil has not already been dubbed "OIL BOOM 2000" is the fact that hindsight is 20/20. Companies that operate…
Royal Olympic Considering Proposals
Royal Olympic Cruises Lines stated that a special committee of its outside directors has been considering proposals and alliances involving the company and/or its majority shareholder, ROC Holdings.
New Management Elected At BIMCO
BIMCO Informatique has elected Jan Henrik Monsen as manager, while Per Løvgren was appointed IT Manager. Monsen, who has been marketing executive for BIMCO, will…
BP Marine Establishes Presence In Chile
BP Marine has opened a new supply network in Chile offering a full lubricant supply facility at 14 ports along the Chilean coast from Puerto Montt in the South - to Iquique located further North.
Lintec Launches Online Fuel Analysis Service
International marine fuels testing and analysis company Lintec has launched Marline, an Internet-based fuel analysis service that will provide clients with tailor…
Leica Chosen As Supplier For Callan Marine
Callan Marine has selected Leica's MX 480 Professional Chart Navigator for the new Callan 55 high-performance luxury speedboat. Powered by twin 3,750-hp helicopter…
Rydex Selects Keysystems As Greek Distributor
Rydex has appointed KeySystems as its exclusive distributor for the Greek and Cyprus markets. The Athens-based company has achieved major sales success in the Greek…
Crowley To Increase Central America Services
In order to better accommodate growing cargo volumes between the U.S., Mexico and Central America, Crowley Maritime Corp. is implementing several service enhancements…
