Bid To Re-float MISC Ship Fails
A second bid failed on Thursday to refloat a Malaysian ship carrying dangerous chemicals stranded on Australia's Great Barrier Reef but authorities said they would…
Demerged Cruise Lines Post Good Profits
P&O Princess Cruises, the cruise unit that demerged from British shipping giant P&O, posted an eight percent rise in third quarter operating profit to $268 million.
Carib Tanker Rates Double Overnight
Tanker freight rates from the Caribs to the U.S. Gulf, which plummeted by $0.64 per barrel over the last week, have almost doubled overnight to levels only seen once before this year.
Bergesen Profits Surge 89%
Norwegian shipping firm Bergesen reported that a solid tanker market has led to an 89 percent surge in nine-month operating profits, a trend that will help to boost earnings for the rest of 2000.
Sait-Stento Goes Inland With Satcom
Sait-Stento has expanded its satellite communication services to address the communication needs of onshore users in addition to its maritime user base. The company's…
SAAB/ICAN Wins Major AIS Contracts
Saab Transponder Tech and International Communications and Navigation Limited (ICAN) have been awarded contracts by Lockheed Martin Overseas Corp. to provide Automatic…
Crowley Promotes Sweeney; Gleason Joins As Director
Crowley Marine Services has promoted Alex Sweeney to vice president, Valdez Business Unit. Sweeney is responsible for all marine activities in support of the Alyeska…
Rolls-Royce Wins $3.1 Million Contract
Rolls-Royce has landed a $3.1 million order from Ferguson Shipbuilders in Port Glasgow for an equipment package comprised of Rauma Brattvaag deck machinery, bulk…
NASSCO Lands $68 Million Continuous Maintenance
NASSCO has received a contract from the U.S. Navy for continuous maintenance of the DD-963 and CG-47 ships homeported in San Diego. The contract, which includes…
Damen Receives Jumbo Order
The CargoVessels Division of Damen Shipyards signed a $62.3 million contract with Dutch shipping company, Jumbo, for the building of two heavy lift ships, each measuring 469 ft.
