Litton Announces Completion of Avondale Acquisition
Litton Industries, Inc. announced the completion of its acquisition of Avondale Industries, Inc. for $39.50 per share in an all cash transaction valued at approximately $529 million in the aggregate.
Yacht-Like Dive Charter Boat for B.C. Waters
The dive charter business continues to grow on the B.C. coast, in most cases utilizing a range of converted vessels. Now one company, Lever Diving, is having a purpose…
Blue Ribbon Report: Ferries are safe
For a decade if not longer, it's been the subject of debate among reporters, passengers, WSF crews, maritime experts and others. Now, at last, it appears the question has been answered.
USCG Launches $1.1 Million Virtual Private Networks
The USCG is deploying Virtual Private Networks (VPNs) based on 3Com's wide area network (WAN) systems. Using VPN connections, the agency will be able to quickly…
Hornblower to Manage New Ferry Service in Virginia
Hornblower Marine Services and Virginia-based, MetroMarine Holdings have started a new passenger ferry service between Downtown Hampton and Downtown Norfolk. HarborLink…
Rolls-Royce Launches $933 M Offer For Vickers
Just as soon as Vickers Plc put the finishing touches on its revived industrial empire - acquiring a myriad of marine propulsion equipment suppliers in order to…
Foss Maritime Aids Power Plant Reactor Tow
Foss Maritime played a crucial role in the success of the towing of a defueled nuclear reactor up the Columbia River for burial of the reactor at the Hanford Nuclear Reservation, near Richland, Wash.
Bisso Crews Refloat USS Drum
Bisso Marine Company, Inc., has successfully corrected the 12 degree list of USS Drum at the USS Alabama Battleship Memorial Park, in Mobile, Ala. The list developed when the 308 ft.
Oil Tankers Get A Bad Rap, Say Experts
Oil tankers get a lot of bad press, but shipping causes only a small amount of marine pollution, maritime experts said. "Shipping is less polluting than most other transport modes.
KCI Konecranes to Supply Goliath Crane to Ingalls
KCI Konecranes has won the contract to supply one of the world's largest cranes to Ingalls Shipbuilding, Pascagoula, Miss. The crane, in a category known as Goliath due to its massive size…
Merger's Goal: Improved Efficiency
Kirby Corp, the largest U.S. tank barge operator, has agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, for approximately $325 million.
Lang Corp. Outbids Adsteam For Holyman
Stevedore company Lang Corp. Ltd. is said to be planning an offer of 93 cents per ordinary share for shipping and transport group Holyman Lt, significantly higher…
South African Harbors To Close 12 Hours To Avoid Y2K Glitch
South Africa's ports authority Portnet is said to be spending $8.3 million to configure its infrastructure to stave off possible glitches related to the Y2K computer bug.
Norway's Frontline Finally Gets Sweden's ICB
A two-year fight for Swedish tanker company ICB Shipping ended Thursday in victory for Norway's Frontline -- but only after four of 12 ICB tankers are sold to a new group set up by key ICB players.
MetalCraft Kingston Series Vessel Delivered
MetalCraft Marine Inc.'s latest delivery is a 38-ft. Fisheries Patrol Boat for the Canadian Dept. of Fisheries and Oceans, for deployment on Great Slave Lake and the Mackenzie River.
Washburn & Doughty Launches Fort Bragg
Fort Bragg, built by Washburn & Doughty for Cape Fear Towing Company of Wilmington, N.C., will be primarily used for docking shops and coastal towing. Fort Bragg…
Reproduction Launched by Beckmann Boatshop, Ltd.
The Beckmann Boatshop, Ltd., has delivered the 25th of its popular Compromise 21, steam launches. The boat shop specializes in the reproduction of antique and classic launches and tugboats.
Winninghoff Delivers Pilot Boat to Harbor Services
Harbor Services, Inc., a support organization for the Canaveral Pilots Association of Port Canaveral, Fla. has taken delivery of a 40 ft. pilot boat of welded aluminum by Winninghoff Boats, Inc.
Bisso Towboat Launches Reverse Z-Drive Tractor Tug
Cecilia B. Slatten, launched in late December at Main Iron Works, Inc., is the new reverse Z-drive tractor tug for Bisso Towboat Co. Inc. The 4,300 hp tug was built…
Seacraft Shipyard Delivers Luxury Dive Yacht
Seacraft Shipyard Corp. of Amelia, La. delivered M/V Cayman Aggressor IV to Aggressor Fleet Ltd. The 110 ft. aluminum luxury dive yacht was designed by Seacraft…
