Implementation Issues Key to Effectiveness of Licensing Rule, AWO Tells USCG
Ensuring the smooth and effective implementation of new licensing requirements for towing vessel officers will be the most critical USCG-industry challenge as the…
Blount Completes Dinner Vessel
M/V Horizon, a 600-passenger dinner cruise vessel, was delivered to Pegasus Yacht Cruises of New York by Blount Industries. Measuring 161 ft., Horizon boasts a welded steel…
Spirit Cruises Complete With Elite
Spirit Cruises' 15th passenger vessel, Elite I - designed and built by SkipperLiner Shipyards ? was delivered to the company to benefit the corporate and wedding clientele of Norfolk, Va.
Crewboat Delivered for USACE Mission
Vanguard Services, New Johnsonville, Tenn., has delivered an aluminum 23 ft. crewboat to Massman Construction Co. The USACE is constructing navigation lock approach walls for the Olmsted Lock & Dam.
Northwind Marine Delivers Excursion Vessel
M/V Northwind has been delivered to Bluewater Express in the Hawaiian Islands. Captain Rick Marvin and his family have operated the sailing enterprise out of Port Allen, Kauai since 1964.
Global Marine Q1 Earnings Hit by Rig Downtime
Global Marine Inc.'s first quarter earnings before taxes were cut about $5.2 million by rig downtime, company officials said. Officials also said it will take a…
Noble Drilling Reaches Agreement
Noble Drilling Corporation has negotiated a resolution to the dispute with Mariner Energy, Inc. regarding the use by Mariner of Noble's newly converted semisubmersible, Noble Homer Ferrington.
Update on ENSCO 7500 Construction Project
ENSCO International Incorporated announced construction of the ENSCO 7500 semisubmersible rig is progressing satisfactorily at the Friede Goldman Offshore, Orange, Texas shipyard.
Conoco Announces Reserves Replacement Figures for 1999
Conoco and its equity affiliates added 164 million barrels of oil equivalent (BOE) to the company's worldwide proved reserves in 1999, replacing 71 percent of the…
ARCO Replaces Production, Plans Capital Program for 2000
ARCO announced it replaced 129 percent of its consolidated worldwide oil and gas production in 1999, increasing its proved reserve base to 4.6 billion barrels of…
Q&A on Offshore Safety
MarineNews: How long has your current safety training program been in place? Tom Knode: Halliburton Energy Services and its predecessor companies have conducted…
Q&A on Offshore Safety
MarineNews: How long has your current safety training program been in place? Bruce Adams: The current Schlumberger New Employee Safety Training program (NEST), was developed in 1991.
Barge Numbering System Proposal Status
Outside of the requirements outlined in OPA 90, there typically aren't many regulations affecting the barge industry. One still-pending piece of legislation is the…
Minoan Lines To Propose Three-For-One Issue
Greek passenger shipping firm Minoan Lines' board will propose a one-for-three bonus share issue to shareholders at its upcoming annual general assembly. The bonus…
Kvaerner Sells Russian Shipyard Stake
Kvaerner has agreed to sell its 75.6 percent stake in Russian shipyard Kvaerner Vyborg Shipyard JSC, to Russia's Zao Ako Barss for an undisclosed price. Kvaerner officials said that the sale…
China Finances $370M Shipbuilding Deal With Iran
The Export-Import Bank of China has agreed to lend $370 million to two state-owned conglomerates contracted to build five oil ships for Iran. The deal marks the largest loan yet by the Eximbank…
Carnival Ratings Cut
Deutsche Bank Alex Brown, Salomon Smith Barney and Credit Suisse First Boston have all cut their ratings for top cruise group Carnival Corp. Deutsche Bank Alex Brown…
Shipping Not Affected By Louisiana Tanker Collision
Shipping operations at the Southwest Pass, off Louisiana, were not affected by a minor crude oil spill after two crude oil tankers collided on March 15, Coast Guard officials said.
EU, South Korea Fail To Solve Shipbuilding Row
Two-and-a-half days of talks between the European Union and South Korea failed to allay European concerns that South Korean shipyards are charging unfairly low prices, according to an EU official.
Carnival Q1 Profits Up, But Second Quarter Looks Weak
Carnival Corp. reported that profits rose nearly nine percent in the first quarter, matching Wall Street estimates, but said the outlook for the second quarter was weak.