Global Marine Beats Estimates
Offshore oil and gas driller Global Marine Inc.'s second-quarter earnings were flat versus a year ago but surpassed Wall Street expectations as oil companies gradually…
Diamond Offshore Earnings Lower Than Expected
Diamond Offshore Drilling Inc.'s second-quarter earnings plunged 93 percent because strong oil prices have not yet fuelled recovery in its main area of operation: mid-depth offshore drilling markets.
Vessel Focus: Navy Boats
Halter Marine has answered the call from the Venezuelan Navy for a variety of patrol boats. The company recently delivered four 80 ft. (24.3 m) boats to the country's government…
Marine Diesel Propulsion: Where Less Is More
Alstom Diesel engines and its three well-regarded brands — Mirrlees Blackstone, Paxman and Ruston — were recently bought by MAN B&W. Several recent deals have confirmed…
Mack Powers Into Maritime Market
In the era of consolidation on the maritime diesel engine market, it is refreshing to report news of a new competitor. Mack Trucks - well known and regarded for the quality…
CadCam Report
The Peene-Werft in Wolgast, Germany, has chosen Nupas-Cadmatic software solution as their main CAD/CAE/CAM system. During an implementation project of about two months…
GOM: Number Of Floating Production Systems Projected To Rise
The Gulf of Mexico offshore market is quickly shaping up to be the driving maritime force of 2001 and beyond. While the market today is, and will always be, largely…
Station 12 Strives To Corner Satcom Market
The competitive satellite communications market has taken an additional step toward consolidation, with Station 12 — an independent operating business owned 65…
Gas Turbine v. Diesel Debate Heats Up With Delivery of New Millennium
Since Royal Caribbean decided to embrace the advanced marine propulsion technology inherent with gas turbines, power plants aboard cruise ships built and delivered…
Celebrity Links Its Past To Its Future With Millennium
Celebrity Cruise Lines experienced its own "Night At The Oscars" by literally rolling out the red carpet this past June for its inaugural christening ceremony of…
New & Notables
Derecktor Shipyards delivered its 299 ft. (91 m) high speed catamaran, Flying Cloud, to Woods Hole & Martha's Vineyard Steamship Authority. Completed one week ahead of schedule…
Ship Repair & Conversion Report
Subsequent to the departure of Holland America's Statendam in April, Cascade General took in Crystal Cruises' Crystal Harmony for a 10-day stopover in May. The 10…
Heightened Scrutiny On Ship Scrapping
Ever since two enterprising reporters for the Baltimore Sun decided, in 1997, to take a closer look at ship scrapping, first at a Baltimore shipyard dismantling a Navy ship…
ABS Introduces SafeShip
Scrutiny surrounding the carriage of cargo at sea, particularly on the quality of tonnage enlisted to transport potentially hazardous materials, is higher than ever.
Editor's Note
To answer the question, in a word, posed on the cover: No! While the cruise market has undoubtedly experienced several painful, and often costly, growing pains of late…
