Maritime Industry Mourns Congressman Bateman
Virginia Republican Rep. Herbert Bateman, 72, a nine-term congressman and strong military supporter who planned to retire at the end the year, died in his sleep on Monday…
Bouygues Shares Drop; Analysts Not Concerned
Shares in Bouygues Offshore fell more than three percent in early Wednesday trade after the French oil services firm posted a 42 percent fall in first half net profit…
Marine Insurance Premiums Expected To Hit $12.7B
Marine insurance premiums are expected to total around $12.7 billion for 1998, and about $10.7 billion for 1999, Tore Forsmo, managing director of Norway's Central…
BP Amoco To Update Mammoth GOM Oil Discovery Soon
BP Amoco Plc said it should be able to provide an update on its giant Crazy Horse deepwater oil discovery in the Gulf of Mexico when two appraisal wells are completed during the next couple of months.
Will There Be An Oil Tanker Shortage?
Kuwait's finance minister said it was unclear whether there would be enough crude oil tankers to lift additional supplies if producers bowed to consumer pressure for another rise in output.
Japanese Yards Form Alliance
Three major Japanese shipbuilders are forming an alliance on commercial vessels and ocean engineering to survive competition with South Korean shipyards. The three…
Tanker, Cargo Ship Collide In GOM
The Greek-flag tanker Olympic Breeze and the Liberian-registered cargo carrier Harbel Tapper were both damaged when they collided about 100 nautical miles offshore…
Oil, Gas Rig Numbers Drop
The number of rigs exploring for oil and natural gas in North America fell by 62 during the week ending September 8, led by a 55 rig decrease in Canada and helped…
Japanese Shipyard Expected To Integrate
Three Japanese shipbuilders are expected by the end of the week to sign an agreement to integrate their operations, Reuters reported. According to the report, Kawasaki Heavy Industries Ltd.…
Royal Caribbean Raises Dividend
Royal Caribbean Cruises Ltd. directors raised the quarterly dividend to $0.13 per share from the $.011 paid previously. The company said the dividend will be paid Sept.
P&O Unit Reports Rise In Container Traffic
Peninsular and Oriental Steam Navigation Co.'s Sri Lanka unit reported a sharp increase in container handling in its first year of operation to August 2000. "In just 12 months…
Mississippi Dredging To Continue In Low Water
Low water on the upper Mississippi River will continue to prompt dredging activities to promote safe navigation of barges and other vessels in coming months, the U.S. Army Corps of Engineers said.
Cammell Laird Extends Repair Reach West
Following quickly on the heels of an overseas investment deal in Marseilles, Cammell Laird (Holdings) has increased its involvement in the overseas repair and conversion…
Empire WaterLink Offers Alternative Airport Transportation
In order to ease the inconvenience of the New York-Metro area's congested roadways due to an increased passenger base, Empire WaterLink (Empire) has leased a building located in downtown South Amboy…
Bollinger Delivers 1,734-ft. Worth Of Barge
Bollinger Marine Fabricators earned a place in the record books in June with the delivery of seven barges totaling 1,734 ft. (528.5 m). The yard's workscope includes…
Austal USA Appoints Senior Management Team
Austal USA has appointed two senior members of Austal Ships to Austal USA in Mobile, Ala. to join Bill Pfister, vice president of Marketing and Administration. In…
GE's Gear Plant Receives U.S. Navy's Theater Surface Team Award
GE Marine Engines' Lynn, Mass. Gear Plant recently received the U.S. Navy's Theater Surface Combatant Team Award for Excellence for the prompt effort performed on…
Marinetalk.Com Re-Launches And Updates
Known as the "Internet Portal for Marine Professionals," MarineTalk.com launched the latest version of its Web site. Maintaining all of the existing features that MarineTalk users have experienced…
Seabulk Branches Out To Transhipment With New Office
Seabulk Systems has opened a new office in Montreal to handle transhipment opportunities on the U.S. and Canadian East Coast. A new-patented Capesize vessel unloader…
DuPont Canada Acquires Majority Ownership In Brookdale
DuPont Canada Inc. Vancouver-based manufacturer of the Emergency Escape Smoke Hood. After several months of negotiations, an agreement was reached between the two companies in July.
