Ship Full Of GM Corn Tuned Away From Brazil
A cargo of Argentine corn purchased by Brazilian poultry and pig farms tested positive for genetically modified (GM) material and may not enter Brazil, the Agriculture Ministry said last week.
Seascope CEO Quits
British shipbroking group Seascope Shipping Holdings Plc said its chief executive Duncan Hill resigned, effective immediately. Non-executive chairman Tom Young will…
Transfennica Sold To Finnlines
Finnlines Plc has bought Transfennica Ltd. from its present shareholders UPM-Kymmene Corporation (49.9 % holding), Metsä-Serla Corporation (32.7 %), Myllykoski Paper…
Keppel Shipyard To Build Semi-Tender For Smedvig
Keppel Shipyard entered into a co-operation agreement with Smedvig Asia recently to build a Semi-Submersible Self-Erecting Tender Rig (SSETR), a contract with a total estimated worth of $82.5 million…
MISC Orders LNG Carriers
Malaysian International Shipping Corp. is fortifying its position in the fast growing market for the carriage of Liquefied Natural Gas (LNG), today reportedly converting…
Iraqi Tanker Seized For Smuggling
Kuwait seized an Iraqi oil tanker for reportedly trying to smuggle 650 tons of fuel to the United Arab Emirates in violation of international sanctions. The official…
First Offshore Bunkering Service Launched
Iran has launched its first offshore bunkering service at an anchorage south of the Qeshm island free trade zone in the Gulf. Singapore-based Global Energy provides…
New "Millennium" Begins
Alstom's Chantiers de l'Atlantique delivered the Millennium cruise ship to Celebrity Cruises, a subsidiary of Royal Caribbean Cruises Ltd. The new ship is the largest…
P&O To Delay ABS Stock Floatation
Peninsular & Oriental Steam Navigation Co. is indefinitely postponing the planned flotation of its Associated Bulk Carriers (ABC) unit because of stock market conditions.
Bergesen Takes Two More From Hitachi Zosen
Bergesen exercised an option to buy two more 296,000 dwt oil tankers from Japan's Hitachi Zosen Corp for a combined price of $140 million. "The vessels will be delivered in February and June 2002…
Ship Subsidy Agreement Hammered Out In Brussels
The European Commission and South Korea have signed an agreement aimed at allaying European concerns that South Korean shipyards charge unfairly low prices, the European Union's executive body said.
ALSTOM Supplies Electric Propulsion Systems Two New Cruise Ships
ALSTOM Power Conversion has been selected by Princess Cruises and Nagasaki Shipyard & Machinery Works, Mitsubishi Heavy Industries, Ltd. to supply electric propulsion…
E-Commerce Takes Maritime By Storm
In the last six months, the shipping industry has seen the marine B2B market grow from nothing into a highly competitive race between e-commerce ventures to attract…
Lunde To Leave Intertanko
INTERTANKO announced that. Dagfinn Lunde, the Association's Managing Director who has so fervently fought for the tanker industry for many years, will leave his post on September 15…
Norshipco And Metro Machine Team Up
Norshipco and Metro Machine have agreed to a teaming arrangement - further enabling the two companies to raise the level of services provided to the U.S. Navy. The…
Pacific Gulf Awarded Management Contracts
Pacific-Gulf Marine (POM) has been granted a trio of five-year contracts totaling $31 million for the management of eight ships for the U.S. Maritime Administration (MarAd).
Cassidy Takes Over Head Post At BMI
Baltimore Marine Industries has elected David Cassidy as president and CEO. Cassidy, who succeeds David Watson, who retired, had previously served as president of BethShip…
Allen Marine To Construct Aluminum Catamaran
Allen Marine, Sitka, Alaska, is set to build a 78 ft. (23.7 m) aluminum catamaran ordered by Allen Marine Tours. Equipped with four Lugger diesel propulsion engines…
Art Anderson Granted Stolkraft Contract
Art Anderson Associates has been awarded a contract to design all-aluminum 52 ft. (15.8 m) pilot boat for Delta Launch Services of Pilottown, La. Besides ferrying pilots to and from ships…
Bouygues Unit Tapped To Build LNG Facility
Bouygues Offshore’s SN Technigaz won a contract worth approximately $82 million in Spain. Bahia de Bizkaia Gaz (BBG) chose SN Technigaz to build a liquefied natural…
