New & Notables
Ten years ago, a RoRo passenger service called Sealink, commenced in the Bahamas — operating from Nassau to port of Governor's Harbor on the adjacent island of Eleuthera.
Market Forces And Technology Will Shape The Future Of Shipping
We are living in a time of vigorous world growth and the liberalization and globalization of world trade, and no industry will be more central to this process than shipping.
E-Commerce Solutions
MarineTalk.com has just launched a new, user-friendly version of its popular web portal, offering improved content and navigation. Focusing on the technical sector of the marine industry…
Unitor Launches New IT Program
Unitor has taken the next step in giving customers the power to manage their fleets. Customer empowerment in the area of information technology is the next generation…
First Family of Design
The Tillberg name is synonymous with luxurious cruise ship design, often serving as the masterminds in the creation of images and themes that will capture the essence…
Editor's Note
I find the great thing in this world is not so much where we stand, as in what direction we are moving. Never remiss to incorporate wisdom of the ages for the editorial good…
Bulk Carrier Sinks
The Liberian-registered bulk carrier Madona, carrying cement, sank in rough seas early Monday morning in the Indian Ocean after all its crew were rescued, an Australian…
Minoan Ferries Halted By Labor Dispute
Domestic ferry sailings by Minoan Lines from key Greek ports were virtually paralyzed for a fifth day by an industrial dispute between seamen and shipowners over overtime back pay.
DFDS To Sell Transport Logistics Unit
Danish shipping company DFDS, 56 percent owned by shipping and shipbuilding group J. Lauritzen reportedly is in agreement to sell its Dan Transport logistics unit…
U.S. Oil Prices Balloon To $37
U.S. oil prices ballooned to fresh decade highs on Monday as rising tension in the Middle East put traders on red alert over possible supply disruptions from key exporter Iraq this winter.
BP Takes Three DH Tankers from NASSCO
Mid last month General Dynamics divulged that its National Steel and Shipbuilding Co. (NASSCO) unit had won a lucrative and much sought after contract to build three double hull tankers for BP.
Casino Cruise Ship Financing Ready
Viva Gaming & Resorts has reported that all financing required for the company's Texas Treasure casino cruise ship project in Corpus Christi, Texas is now fully secured and in place.
Keppel Hitachi, Fels May Merge Offshore Business
Shipbuilder Keppel Hitachi Zosen Ltd. reportedly is in discussions to merge its offshore business with sister company Keppel Fels Energy Infrastructure Ltd., a maker of oil rigs and ships.
Dead in the Water
Financial conditions at troubled Premier Cruise Line have obviously worsened, as the company is effectively out of business following the seizure of its five ships.
NASSCO Granted Drydocking Of USS Mobile Bay
NASSCO has received a contract valued at up to $23 million for the eight-month extended drydocking and repair availability of USS Mobile Bay - an Aegis guided missile…
FGH Receives $52 Million Worth Of Orders
Friede Goldman Halter (FGH) has signed nine contracts with a combined value of more than $52 million, excluding options. The contracts are outlined as follows: Halter…
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.