Kvaerner Chief To Aker: Thanks, But No Thanks
Kvaerner's Chief Executive Kjell Almskog rejected any merger of Kvaerner Oil & Gas with offshore supply firm Aker Maritime. "That has not been and is not an issue on the agenda…
Spain Consolidation Creates Massive Shipbuilder
Spain's state holding company Sepi said it had created the world's 10th largest shipbuilder with annual sales of around $1.25 billion. The group, which formally begins in October…
FastShip And Schneider Partner Up
FastShip has come to an agreement for international transportation and logistics provider Schneider International to provide three major services to support the FastShip transportation network.
Globalstar USA Expands Coverage
Globalstar USA announced extended service coverage in both Alaska and the North Atlantic. As a result of agreements among Globalstar service providers in North America and Europe…
Globe Wireless Establishes New Office
Globe Wireless has established a new office in Houston, Texas, and appointed Greg Halverson as regional manager of Offshore Sales. Halverson will lead the company's…
Wijsmuller Granted Major SPM Job
Through its subsidiary, Cory Towage Limited, The Wijsmuller Group has been awarded a contract for marine services at the Ash Shihr oil export terminal in Yemen for Canadian Occidental Petroleum Yemen…
VT Secures Major Share
Vosper Thornycroft (VT) is scheduled to play a significant role in the design and construction of the initial batch of Type 45 destroyers for the Royal Navy. VT…
Myriad Of Orders For Wärtsilä 200 Engines
Transocean SedcoForex of Houston, Texas, has ordered four Wärtsilä 12V200-generating sets for repowering their Transocean 135D semi-submersible offshore platform.
Marshall Island Touts Cost Free Registration
International Registries (IRI) is extending its cost-free registration for all vessels registering under the Marshall Islands flag until December 31, 2000. This special deal includes registration…
Crowley Marine Services' Receives Environmental Protection Award
The U. S. Coast Guard presented Crowley Marine Services with the William M. Benkert Award, which is the premier national award recognizing excellence in marine environmental protection.
MSS Marine Safety Patents Launching Device
Sweden-based MSS Marine Safety Systems introduced a patented launching device for fast rescue boats. Drop tests, side impact tests and sea trials, including docking…
WaveMaster Lands Innovative Ten Ferry Order
WaveMaster International has won a contract for ten 118 ft. (36 m) high-speed aluminum monohull ferries for delivery to Singapore. With firm contracts for the initial six vessel order already placed…
Global Marine beats estimates with flat Q2 earns
Offshore oil and gas driller Global Marine Inc. said 2Q earnings were flat versus a year ago but surpassed Wall Street expectations as oil companies gradually regained…
Final Agreements Completed on Viva's Casino Day-Cruise Project; Boat to Arrive This Week
Viva Gaming Resorts reported that it has finalized its bare-boat charter agreement and related letter-of-credit commitments with Discovery Dawn Limited Partnership and…
Japan Calls For Measures To Ensure Shipping Competitiveness
The Transport Ministry released a report calling for ''comprehensive'' efforts to maintain the international competitiveness of Japan's shipping industry. Cooperation…
Marex.com Touted In Forbes.com 'Best of the Web'
Miami-based Marex.com, a leading marine industry B2B e-commerce company, was selected for inclusion in Forbes.com's first annual Best of the Web: B2B Guide. According to Forbes.com…
WaveMaster Lands Innovative Ten Ferry Order
WaveMaster International has won a contract for ten 118 ft. (36 m) high-speed aluminum monohull ferries for delivery to Singapore. With firm contracts for the initial six vessel order already placed…
Kawasaki Inaugurates Gulf Of Mexico Service
Kawasaki Heavy Industries has expanded with the addition of a new service center to its worldwide network for marine machinery. Established in the New Orleans area…
Newport News Second Quarter EPS Up
Newport News Shipbuilding (NNS) reported net earnings of $24 million, or $.074 per diluted share, for the second quarter of 2000. EBIT for the quarter was $54 million…
P&O, Festival Squash Consolidation Plans
Citing, among other factors, a lackluster market for cruise shares on the U.S. stock exchange, P&O said it and Festival Cruises decided not to pursue the merger…
