EU Proposes Tight Shipping Law To Prevent Future Oil Spills
The European Union's (EU) executive body on Tuesday proposed tightening EU shipping laws to prevent a repetition of the environmental disaster caused by the breakup…
S&P Revises American Commercial Lines Outlook
Standard & Poor's today revised its outlook on American Commercial Lines LLC - the largest operator of dry bulk commodity barges - to negative from stable. At the same time…
Carnival Signs Letter Of Intent With Fincantieri
Miami-based Carnival Corp. said on Wednesday it plans to build a new $500 million, 110,000-ton ship in Italy for its cruise lines unit. A Carnival spokesperson said…
Transocean Sedco Forex Gets BP Amoco Contract
An operating subsidiary of Transocean Sedco Forex Inc. has entered into a contract with BP Amoco for the semisubmersible Transocean Rather. The agreement covers one well…
Oilfield Stocks Take A Hit As Crude Dips Below $30
Profit-taking hit oilfield service and drilling stocks on Monday as U.S. crude oil prices shed over a dollar to dip below $30 a barrel for the first time since February 28.
NOL Shares Surge, 1999 Results Seen Strong
Shipping and logistics group Neptune Orient Lines (NOL), which lost more than half its market capitalization since the start of the year, saw a staggering 26 million shares traded on Tuesday.
Kvaerner Sells Fabrication Yard, Changes North Sea Strategy
Kvaerner is selling its U.K. Teesside fabrication yard and reducing its reliance on North Sea offshore business, a company official said. The decision to sell the…
Repower on the Chesapeake
The St. Laurent Forest Products Corporation of West Point, Va. has been operating a pair of 84 ft. tugs, Elis and Sture, since 1980, when they were built in Houma, La.
Inland Boatworks to Deliver Triple Screw Towboat
April is the scheduled delivery date for a 64 x 28 x 9.5 ft. push boat for Stockstill Boat Rentals of New Iberia Louisiana from Inland Boatworks of Orange, Texas.
Cummins Annouces Emissions Certification
Cummins Marine, a division of Cummins Engine Company, has received IMO MARPOL 73/78 Annex VI emissions Statements of Compliance from Lloyd's Register of Shipping for its B series…
Salvage Tug Completes Frigate Tows
Donjon Marine's 7,200 hp salvage tug Powhatan deliverd the fourth and final ex-U.S. Navy frigate to the Turkish Governement. Donjon Marine had been contracted last year to tow the frigates ?
Bisso Marine Lifts Reactor Vessel
Bisso Marine Co., Inc. recently lifted an 850-ton reactor vessel from the deck of Storman Asia at the Nashville Ave. Wharf in New Orleans. Originally, the off-loading…
Travelift at Work in BC
Marine Travelift, Inc. announced Canada's largest Marine Travelift mobile boat hoist is currently in service in a brand new, 15-acre workyard and boat storage facility in Richmond, BC.
Penn Yan Boats Wins Contract
Penn Yan Boats has received its first municipal contract: Providing a new Pelican Bay brand patrol boat for New York's Chautauqua County Sheriff's Department. The…
Conrad Industries Reports Final 1999 Results
Conrad Industries reported net income of $1.5 million for the year ended December 31, 1999, compared to net income of $254,000 for the year ended 1998. Revenues for the year ended December 31…
Transocean Repowering Project
An innovative rig repowering collaborative between Wartsila NSD and Houston Ship Repair, Inc. was recently completed in the U.S. Gulf, involving the installation…
Harvey to Construct Third Vessel
Harvey Gulf International has signed an agreement with a Louisiana shipyard to build a third vessel, which will measure 135 x 40 x 21 ft., and will be powered by two EMD Turbos with Kort nozzles.
SeaArk Granted Six Vessel Contract
Aluminum work and patrol boat builder, SeaArk Marine, was granted a contract by the U.S. Navy to construct six 40 ft. Dauntless Class Patrol Boats. The boats are…
MDC to Repair USACE Dustpan Dredge
The Marine Design Center (MDC) of the USACE is set to provide the dredging modification and repairs to Hurley - a USACE dustpan dredge. Measuring 300 ft. with a beam of 58 ft.
Ingalls Selects Joiner Team for AMCV Ships
and Jamestown Metal as the joiner subcontractors for American Classic Voyages' (AMCV's) United States Lines newbuilds. The shared subcontract is valued at more than $200 million.
