Whales Alter Adriatic Navigation
Last week Croatian maritime authorities restricted navigation off the Adriatic coast to allow two stray whales to find their way out to deep water, Reuters reported.
Engine Room Explosion Cripples Freighter
The Cyprus-flag freighter Theofano is without power northeast of Crete after an engine-room explosion, Reuters reported. One crew member of the 17,330-dwt vessel…
Large Tanker Rates Soar
Large tanker rates are soaring for Middle Eastern oil as charterers rush to grab ships for September cargoes before they run out, brokers said late last week. Rates…
Bollinger Acquires Five Friede Goldman Shipyards
Bollinger Shipyards, Lockport, La. is now known as the largest vessel repair and conversion company in the Gulf of Mexico region upon its acquisition of the five…
Tidewater To Purchase Platform Supply Vessels
Tidewater, Inc. has signed agreements, (which are subject to completion of normal due diligence matters), to buy two 220 ft. UT755 type platform vessels at an aggregate purchase price of $2.4 million.
Hvide And Tesoro Commence Double Hull Service
Hvide Marine and Tesoro Maritime have begun a new double-hull petroleum transport service in Alaskan waters. The 46,000-ton HMI Cape Lookout Shoals - one of Hvide's…
U.S. Attorney General To Christen Coast Guard Cutter
Marinette Marine Corporation will launch the U.S. Coast Guard Cutter SPAR August 12. The SPAR is the sixth ship in a series of sixteen Seagoing Buoy Tenders, which…
DNV Garners Additional USCG Authorization
Det Norske Veritas (DNV) is now cleared by the U.S. Coast Guard to administer the following certificates: SOLAS Cargo Ship Safety Construction Certificate; SOLAS…
Hornblower Marine Appoints Corporate Director
Hornblower Marine Services has elected Marc C. Cruder as director of Vessel Construction, Compliance and Safety. Cruder recently retired from the U.S. Coast Guard…
Lockheed Martin Wins Search And Rescue Upgrade Contract
Lockheed Martin Naval Electronics & Surveillance Systems-Syracuse (NE&SS-Syracuse) will assist the U.S. Coast Guard with a significantly large upgrade to its Search…
Racal Pelagos Granted $40 Million NOAA Contract
Racal Pelagos, a unit of the Racal Survey Group of companies, has been awarded a $40 million, four-year hydrographic survey contract in Alaska by the National Oceanographic…
Australian Company Mulls DHI Stake
South Korea's Daewoo Heavy Industries has received a letter of intent from Australia's New Castle Heavy Industry expressing interest in taking a stake in its shipbuilding unit.
API: U.S. Oil Stocks Are Down
U.S. oil supply worries found fresh impetus on Tuesday after the American Petroleum Institute said that both crude oil and product stocks had fallen again -- hard…
COSCO Intl. Holdings Gets Acquisitive
COSCO International Holdings Ltd is engaged in talks to acquire COSCO Network Ltd., a global transportation, logistics and communications network, from its parent…
Cammell Laird To Invest $10M In Varna Yard
Britain's Cammell Laird plans to invest between five and $10 million as part of a bail-out package for Bulgaria's indebted Varna Shipyard. "Investments are aimed at upgrading production capacity.
Rebels Prohibit Tanker From Loading In Bogata
Occidental Petroleum Corp. said it was unable to load an oil tanker waiting at Colombia's main lifting terminal at Covenas because of back-to-back rebel bomb attacks…
Bulker Under Tow
The Panamanian-flagged bulker Flame was taken in tow by a salvage tug on August 8, after suffering main engine failure in the mid-Atlantic on August 4. The 29,212…
Ehrnrooth To Retire
In announcing its first half results, Metra's - parent company of Wärtsilä NSD - President and CEO, Mr Georg Ehrnrooth, announced that he will retire from this position during this year.
Wärtsilä NSD Is Back On Track, Engine Orders Up 41%
Metra's - parent company of Wärtsilä NSD - reported that its 2Q net sales were $663.6 million, comparable growth 19%. comparable growth was $19.5 million. A driving force has been Wärtsilä NSD…
Tradiant Partners With Vitria
Tradiant, the online advantage for global transportation, announced a strategic partnership with Vitria Technology, Inc., a leading e-business platform provider…
