Seacraft Delivers Laurie Tide on Schedule
In addition to delivering Laurie Tide on schedule, Seacraft Shipyard also surpassed all contractual vessel performance requirements. Christened by her namesake, Mrs.
Bollinger Launches USS Tornado
Bollinger Shipyards, Lockport, La. has launched USS Tornado, the U.S. Navy's newest Patrol Coastal Ship. The 14th of the Cyclone Class constructed by Bollinger,…
Munson Delivers Landing Craft
The William E. Munson Co. delivered a 32 x 12 ft. Packman High Performance Landing Craft to Peter B. Wright of Juneau, Alaska. Designed as a commercial transporter and private sports boat…
Moody's Downgrades Pegasus Shipping
Moody's Investors Service downgraded from B3 to Ca the rating for the senior secured debt of Pegasus Shipping (Hellas) Ltd. The downgrades reflect Moody's expectation…
Bay-Houston Christens Tug
Haden II, the 12th tug for Bay-Houston Towing Company, was christened in Galveston. Designed in-house in coordination with Schuller & Allan, Inc., the 3,900 bhp…
Tug Repowered by C.R. Harbour Towing
C.R. Harbour Towing and Transportation LLC recently completed the repowering and refurbishement of 95-ft. tug Brandon C. Roehrig. The tug's original Cat D-398s were removed…
Turkish Gendarmie Receives Boston Whaler Gunboats
The Turkish Gendarmie has taken delivery of four Boston Whaler 27 ft. Vigilant gunboats. The boats will be deployed in various ports in Turkey, and used for patrol and law enforcement. The 27 ft.
OMI Reports Q3 Loss of $7M
OMI Corporation announced a net loss of $7,119,000 for the quarter ended Sept. 30. The net loss for the nine months ended Sept. 30 was $37,555,000 after income from…
Comments Requested on GPS Interference
The USCG is requesting information from vessel operators on problems with, and potential solutions to, GPS system interference. The USCG states mobile telephones…
Tax Bill Vetoed
President Clinton vetoed the $792 billion tax package approved by Congress prior to its August recess. The package included a variety of tax cuts, as well as a repeal…
Royal Dutch/Shell Earnings Double
Royal Dutch/Shell's earnings more than doubled in the third quarter from a year ago, due to much higher oil prices and a corporate overhaul. Chairman Mark Moody…
Report Confirms Increased Assessments on Maritime Industry
U.S. ports got confirmation at its Annual Convention meeting from a just-released General Accounting Office (GAO) Report that both the number and the dollar amount…
USCG Seeks Comments on Liquid HazMat Regulations
The USCG is seeking feedback on its revision of 46 CFR part 151, the regulations for barges carrying bulk liquid hazardous materials. A starting point is a package…
Administration Reiterates Support for Jones Act
The Clinton Administration "supports the Jones Act as an essential element of our Nation's maritime policy, and will not be proposing changes to the Act," said a senior U.S.
Labor Dispute Closes Canadian 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 last Wednesday…
Secretary Slater Unveils Blueprint for 21st Century Marine Transportation System
Addressing a projected increase in waterborne commercial vessel traffic that is expected to double or triple over the next 20 years, U.S. Secretary of Transportation Rodney E.
Rolls-Royce Proposes $933 Million Offer for Vickers
In yet another case of giant-eating-giant consolidation, Rolls-Royce Plc has made a surprise $933 million agreed cash offer for Vickers Plc, in a move aimed at making…
TDI-Halter Builds First Super 116-C Jackup Rig
TDI-Halter, the Offshore Division of Halter Marine Group, Inc., recently completed the new construction of the first LeTourneau Super 116-C design jackup drilling rig for Perforadora Central, S.A.
LR: Shipping Is Safer, But Work Still To Be Done
"In spite of the significant advances that have been made in recent years, shipping can and should become safer than it is now. This was the message from Willem de Jong…
Shipyard Management Major Now Offered at USMMA
As head of the United States Merchant Marine Academy's (USMMA), engineering department, Professor Jose Femenia noted 1995 as the year in which the Academy's shipyard…