International Shipholding, Seminole Settle Litigation
Seminole Electric Cooperative Inc. has reportedly paid $23 million for a settlement of shipping-related litigation with Central Gulf Lines Inc., a wholly owned subsidiary…
McCain Bill Promotes Cruise Ship Tourism Between U.S. Ports
Senator John McCain (R-AZ), Chairman of the Committee on Commerce, Science, and Transportation, introduced the U.S. Cruise Ship Tourism Development Act of 1999.
Astilleros Españoles To Construct Innovative Ferry For Transmediterranea
Astilleros Españoles was chosen as the builder of a new RoRo cargo and passenger fast ferry, by Transmediterranea, Spain's largest shipowner. Intended for deployment…
Kirby Buys Hollywood Marine, Triggers Debt Fears
Kirby Corp, the largest U.S. tank barge operator, recently agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, Texas, for about $325 million.
Kirby Buys Hollywood Marine, TriggersDebt Fears
Kirby Corp, the largest U.S. tank barge operator, recently agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, Texas, for about $325 million.
North Sea Output Reduced 70,000 bpd
Royal Dutch/Shell is said to have cut its North Sea oil output by 70,000 bpd after lightning cut power to a natural gas plant.
Oil Spill Update: Sabotage Ruled Out
Italy's Fratelli D'Amato SpA -- owners of a tanker that leaked 80,000 liters of oil into Sydney Harbor, reportedly have ruled out sabotage as an explanation of how…
Bender and Otto Candies Agree On Tugs
Bender Shipbuilding and Repair Co., and Otto Candies have signed a contract for three 150 ft. (45.7 m) Anchor Handling Tugs to be constructed by the Mobile, Ala., shipbuilding company.
Cory Towage Awarded Lithuanian Deal
Cory Towage has been granted a contract to provide a variety of marine services in the Baltic at the newly built import/export oil terminal at Butinge in Lithuania.
Celebrity Selects James P. Colie & Associates
James P. Colie & Associates will take on the refurbishment of several public spaces on Celebrity Cruises' Zenith, during the vessel's drydock at the Virginia locale…
Donjon Marine And Turkish Navy Team Up
Donjon Marine and the Turkish Navy entered into an agreement to tow four ex-U.S. navy frigates from the East Coast of the U.S. to Golcuk, Turkey. The first, ex-USNS Miller measuring 414 x 44 x 24 ft.
U.K. Hydrographic Office Extends Chart Coverage
The United Kingdom Hydrographic Office (UKHO) is extending its coverage of navigational charts into Norwegian national waters in cooperation with the Norwegian Hydrographic Service (NHS).
Carter Assumes Role As COO
Mark Carter has returned from the Thomas Miller Hong Kong office to assume his new role as COO in London, at the forefront of the service company behind the hull…
Ro-Clean Presents New Disc Skimmer
Ro-Clean Desmi has introduced a new disc skimmer for the recovery of floating oils - Ro-Disc, a high efficient skimmer for inland waters and industrial process applications…
Samsung Wins Containership Job
Samsung Heavy Industries Co. reportedly won a $240 million order from Germany's Hamburg Sud to build six 3,400-TEU containerships.
Hyundai To Get $400M Order
Hyundai Heavy Industries is reportedly close to signing a $400 million order with a Nigerian company for two 138,000 cu.-m. LNG carriers.
Tanker Scrapping Increase Needed
According to a report from Norway's Bassoe Shipbrokers, large scale tanker scrapping in the immediate future is the only solution to cure an ailing freight market.
Korean Ship Orders Drop 34%
New orders received by South Korean shipbuilders dropped 34.1 percent in the first seven months of this year versus the same period last year, provisional figures from the Korea Shipbuilders' Assoc.
BHP Acquires Belgium Shipping Group
Australia's Broken Hill Pty Co. Ltd. reportedly acquired a 50 percent stake in Belgium-based shipping group, Cobelfret, in a bid to deliver cargoes more competitively.
Oil Jumps, Fueled By U.S., Russian News
Oil prices raced higher yet again on Wednesday, prompted by a report for the U.S. DOE which notes a fall in U.S. gasoline stockpiles and by news from Russia that…
