Contracts
The U.S. Navy awarded the work package on its USS Whidbey Island to Norshipco, a member of the U.S. Marine Repair shipyard family. The contract, which calls for topside phased maintenance…
Maritime Stocks Take A Dive On Oslo Bourse
The All Share Index in Oslo lost a further 4.2 percent in April, and as in March the main reason for the fall was international repricing of technology stocks. However…
USCG Arrests Tanker Captain Over Leak
The Croatian captain of a Norwegian tanker faced criminal charges after U.S. Coast Guard inspectors found his ship, carrying fertilizer, had a leak when it sailed into Baltimore.
Women Soon On U.S. Subs?
U.S. The U.S. Navy has no current plans to assign women to submarine duty but should carefully consider a Pentagon advisory panel's landmark recommendation to lift the ban…
Kerr-McGee Transformation Attracts Little Notice
Kerr-McGee Corp.'s chief executive Luke Corbett has been on a spending spree in recent years, building his company's oil and chemicals businesses, but the top executive…
Alaska DEC Addresses Cruise Ship Pollution Measures
Regulators seeking to prevent cruise-ship pollution should measure air quality this summer in Juneau, conduct random tests of waste discharges into Alaska's waters…
Harland & Wolff Rescued
Harland & Wolff's (H&W) existence was extended last week as it won a 300 million pound ($458 million) contract to build four passenger ferries. The order from Bahamas…
Alaska DEC Addresses Possible Cruise Ship Pollution Measures
Regulators seeking to prevent cruise-ship pollution should measure air quality this summer in Juneau, conduct random tests of waste discharges into Alaska's waters…
Zim, Coscon To Cooperate
Israeli shipping company Zim Navigation Co. will begin a service cooperation with Shanghai's Cosco Container Lines (Coscon) for shipments from the United States beginning in June.
P&O Acquires Rival Cruise Operator Festival
P&O's ongoing return to its maritime roots continued Thursday with the acquisition of European cruise firm Festival in a deal worth up to $400 million. Peninsular and Oriental Steam Navigation Co.
Kockums Now Tribon Solutions
Kockums Computer Systems is changing its name to Tribon Solutions and plans to launch a new international business concept this summer. Under its new name, the company's…
FirstWave And A&P Form Alliance
FirstWave and A&P Group have laid the foundation for the first global network dedicated to marine repair. This alliance will initially capitalize on the multi-site…
Geiger Named FGH President
Friede Goldman Halter elected Paul Geiger, Jr. as president of Friede & Goldman, Ltd., the company's naval architecture division, which is renowned for its designs…
AMCV Elects Davison As VP - Finance
American Classic Voyages (AMCV), has appointed Nicholas J. Davison vice president, finance. Davison, who previously served as financial and operations officer with Cunard Line for more than 14 years…
Nalen Awarded Crowley Trophy
Charlie Nalen, vice president, Environmental Affairs Safety & Quality for Crowley Maritime Corp. was honored for his service with the 1999 Thomas Crowley Trophy, which is the company's highest honor.
NNS First Quarter EPS UP
Newport News Shipbuilding (NNS) reported net earnings of $21 million, or $.63 diluted share, for the first quarter of 2000. Earnings before interest and taxes (EBIT) for the quarter were $47 million…
Crowley Now Operating Tanker Prudhoe Bay
Crowley Petroleum Transport, Inc., a Long Beach, Calif.-based subsidiary of Crowley Maritime Corporation, is now operating the tanker Prudhoe Bay chartered to ARCO Products…
Wärtsilä Announces Management Changes
Professor Matti Kleimola, 54, Lic.Tech. has been appointed Group Vice President, Technology and a member of Wärtsilä NSD´s Board of Management effective July 15.
Dry Freight Markets Steady
Conditions on the dry cargo freight market were generally steadier for Capesizes on Wednesday, with the Baltic Cape Index posted at an unchanged 2,171, brokers said.
Tanker Hired To Evacuate Refinery Diesel
Indian Oil Corp. (IOC) hired a 106,000 DWT tanker on a month's charter to evacuate diesel from Reliance Petroleum Ltd's (RPL) refinery to India's east coast. "Liberian…