Evergreen, Yang Ming Downgraded
U.S. investment bank Salomon Smith Barney downgraded Taiwan's Evergreen Marine Corp. to underperform from neutral and Yang Ming Marine Transport Corp. to underperform from outperform.
Kirby Corp. Profits Disappoint
Barge operator Kirby Corp. said its third-quarter profit would miss Wall Street expectations by about 10 percent because of a fall off in refined petroleum shipments and higher fuel prices.
mespas.com Seeks To Revolutionize Engine Spares Buying
The Swiss company B2B Netservice Ltd. is now offering a business-to-business Internet platform using reverse auction techniques. Planned for unveiling in Hamburg and ready for operation on November 1…
mespas.com Seeks To Revolutionize Engine Spares Buying
The Swiss company B2B Netservice Ltd. is now offering a business-to-business Internet platform using reverse auction techniques. Planned for unveiling in Hamburg and ready for operation on November 1…
IACS calls for co-operation to encourage quality shipping
Excessive inspections and a growing number of regulations are doing little to improve safety at sea, according to Robin Bradley of IACS. Speaking on the first day…
H&W Announces Restructuring Plans, Cuts 600 Jobs
Following the positive award from the Arbitration Panel in relation to monies owed by Global Marine in respect of the delivery instalment for the Glomar Jack Ryan drillship…
Ballast Water Management & Treatment Take Center Stage
While ballast water environmental issues have been news for decades, a renewed focus on the marine industry, specifically the effects ships and boats have on the aquatic environment…
FPSO Retrofit Design Accelerated With CAD
Software that automatically produces loop, cable, and termination drawings from information in piping and instrumentation diagrams (P&IDs) allowed Merpro Limited…
Omnithruster Continues to Lead The Way
The recent award from the Japanese Defense Agency for its two newest Coastal Mine Sweepers secures Omnithruster’s position as one of the leading designers and manufacturers of advanced…
Spain Takes Center Stage in Hamburg
The Spanish shipbuilding industry will be at the forefront of this year's Shipbuilding, Machinery & Marine Technology International Trade Fair (SMM 2000), which will be held in Hamburg…
SMM 2000 Set For Hamburg
Reporting this year's SMM 2000 Shipbuilding, Machinery & Marine Technology Exhibition as "booked out," Hamburg Messe is dubbing the exhibition as one that is multi…
The More Things Change...
The current situation of the German maritime industry is not far from that which has existed for each of the past several SMM exhibitions in Hamburg. The collective group of shipbuilders…
First of Modified Destroyers Commissioned
The USS Oscar Austin (DDG 79), the first of the Arleigh Burke Flight 2A Aegis destroyers and the 17th Bath Iron Works-built, was commissioned in Norfolk Naval Station on Saturday August 19, 2000.
Propulsion News
Propeller Boss Cap Fins (PBCF) is a propeller enhancing device, which is designed to cut fuel consumption and exhaust gases by up to five percent while incurring…
Can the Hinge Ship Work?
Hinge-Ship is a patented concept designed to combine the advantages of both deep draft and shallow draft shipping within the confines of a single vessel. The concept…
