Spain Creates Joint European Company
Spain is in talks with several shipbuilders in Europe to create a joint European company similar to the aerospace EADS, the chairman of Spain's state holding company (SEPI) said.
Kvaerner, Saipem Sign $28M Deal
Kvaerner ASA said it has an intentional deal with Italian oilfield services company Saipem for a subsea umbilical project in the Gulf of Mexico. The deal, valued at about $28 million…
SCA Keeps Transit Fees Fixed
The Suez Canal Authority (SCA) will keep its transit fees, fixed since 1995, unchanged in 2001, it said. SCA chairman said an economic slowdown and deteriorating conditions in the shipping industry…
Houston Ship Channel Reopens Vessel Traffic
The Houston Ship Channel reopened to vessel traffic after being closed for three to four hours after a collision between a towboat and a work vessel in which one person was killed, a U.S.
Sovereign Of The Seas Docks In Fort Lauderdale After Partial Power Loss
The Royal Caribbean International cruise ship Sovereign of the Seas made an unscheduled stop at Port Everglades in Fort Lauderdale, Fla., this morning, to end its…
Hvide to Trade on Nasdaq Beginning January 2
Hvide Marine Incorporated (HMI) announced that its application for listing on the Nasdaq National Market has been approved. The Company's stock is scheduled to begin Nasdaq trading on January 2…
Coast Guard Issues Mississippi River Safety Advisory
The U.S. Coast Guard Captain of the Port (COTP), St. Louis, opened the Mississippi River to vessel traffic following the completion of dredging at mile marker 161.0…
