New Budget Focus: Safety, Passenger Ferries
The two-year budget for the Washington State Ferries system approved in the spring by the state Legislature will create a modern fleet of passenger-only ferries…
Are Fast Ferries Too Fast?
British Columbia's fast ferries may be too fast for their own good, according to CANOE columnist Jim Hume. The British Columbia Ferry Corporation first sailed The Explorer on June 17…
Fifth International Conference on Fast Sea Transportation
The FAST '99 Conference is scheduled to be held at the new Bell Harbor International Conference Center located on Pier 66 in the heart of Elliott Bay in Seattle…
Developing the First 50+ Knot Ferry in North America
The North American high speed ferry market has been slow to develop compared with other areas such as Australia, Europe and the Far East. However, recent developments show the U.S.
Latvian Shipping Shares To Be Auctioned
Latvia’s government has announced a plan to sell 44 percent of Latvian Shipping, which could take place by the end of the year. According to reports, 34 percent…
TotalFina Makes Discovery In Gulf Of Mexico
TotalFina reportedly made a deep offshore gas discovery in the Gulf of Mexico as part of a consortium with U.S. Marathon Oil and WI Inc. The group found a gas column approximately 197 ft.
Tankers Pressured By Low Rates, High Costs
Oil tankers are reportedly being squeezed by low freight rates and high fuel costs, and some older ships may be heading for the scrapyard. An OPEC cut in oil production…
The Marine Advanced Technology Education (MATE) Center:
The Marine Advanced Technology Education (MATE) Center, headquartered at Monterey Peninsula College in Monterey, California, is a National Science Foundation (NSF)…
Oil Price Just Down From Two-Year Highs Set Last Week
Oil markets placed another bet on tightening supply, supporting prices in the vicinity of 22-month highs touched last week. Benchmark Brent for September hit $20.87 a barrel today…
Alaska Sues Royal Caribbean
Alaska filed a civil suit on Aug. 13 against Royal Caribbean Cruises, accusing the company of dumping oil and other hazardous wastes into state waters after the…
Aker RGI Chair Launches Bid For Full Control Of Company
Norwegian billionaire Kjell Inge Roekke has reportedly launched a bid for full control of industrial holding firm Aker RGI, valuing it at about $1.09 billion. Roekke…
Kawasaki Heavy Industry, Chinese Co. To Set Up Shipyard
As Beijing looks to boost ship exports, Japan's Kawasaki Heavy Industry Ltd is likely to join state-run China Ocean Shipping Group to set up a $96.8 million shipyard in east China.
Britain Warns Shipowners To De-Bug Before 2000
Britain has warned shipowners on Monday that vessels calling at British ports could be detained if they have not ironed out millennium bug problems. All ships inspected before Jan.
Oil Prices Hit Highest Point In Nearly Two Years
Oil prices rallied to a 22-month peak of $21 a barrel on Friday, buoyed by Nigerian supply disruption, declines in U.S. oil stockpiles and OPEC output restraint.
Aker RGI Records 42% Drop
Norwegian industrial holding group Aker RGI recorded a 42 percent drop in first half operating profits, mainly pressured by weaker results for its offshore supply unit Aker Maritime.
LNG Signs $400 M Deal With Hyundai
A subsidiary of Nigeria liquefied natural gas (LNG) has signed a $400 million deal with South Korea's Hyundai Heavy Industries Co for the construction of two LNG…
Litton Marine Wins IBS Orders
Litton Marine Systems, subsidiary of Litton Industries has been granted orders to provide Integrated Bridge Systems (IBS) for Norwegian owners. The orders include two new 55…
Ulstein Brattvaag Awarded Supply Of Deck Machinery
Ulstein Brattvaag has landed contracts totaling $2 million by two of Japan's largest shipbuilders for the supply of deck machinery for a pair of LNG carriers. The…
Ulstein Nordvestconsult Garners Design Contract
Ulstein Nordvestconsult (UNVC), part of Vickers Ulstein Marine Systems, was awarded a contract comprised of the design of two 5,950-dwt RoPax ferries for a Greek shipowner.
Collision Continues To Block Ohio River
Marine traffic on the Ohio River was blocked Tuesday as cleanup efforts continued following the collision of a barge carrying gasoline and a docked barge filled with a plastic-making chemical.
