Parker Drilling Reports $13M Loss
Tulsa-based Parker Drilling Company reported an unaudited loss for the fourth quarter of $13,353,000. This compares with a loss of $11,266,000 for the fourth quarter of 1998.
Sea Grant Panel Members Appointed
Commerce Secretary William M. Daley, has appointed three new members to the National Sea Grant Review Panel, the Commerce Department's National Oceanic and Atmospheric Administration said.
Stolt Comex Reports Results
Subsea contractor Stolt Comex Seaway S.A. reported results for the fourth quarter and the year ended Nov. 30, 1999. Net loss for the latest quarter was $1.5 million…
Mississippi Lock Could Reopen This Weekend
A Mississippi River lock undergoing repairs that have forced barge tows to use a smaller auxiliary chamber are expected to be back in service by Sunday, according to the U.S.
Star, Carnival Oust NCL Board, Appoint Lund
Star Cruises and Carnival Corp. tightened their grip on NCL Holding today (Feb. 4) by ousting the board and appointing Norwegian lawyer Ole Lund as the new chairman.
Russia Urges Release Of Tanker
Russian officials have reportedly sent a formal demand to Washington that it immediately release a tanker it seized in the Gulf on suspicion of smuggling Iraqi oil.
UAE: $25 Barrel Is Reasonable
The United Arab Emirates oil minister that $25 for a barrel of oil was both a realistic and a reasonable price. "Obviously, we do not want to see prices which are…
NCL Recommends Joint Bid To Shareholders
NCL Holding abandoned hope of any new takeover bids and recommended that shareholders accept an offer by Malaysia's Star Cruises and U.S. Carnival Corp. Star and Carnival…
P&O To Split Off Profitable Cruise Unit
P&O Steam Navigation Co. will de-merge its cruises division to form a separate group, allowing it to focus on running its ferries and ports. The new group, the third…
Vehicle Carrier Aground Off Ireland
The Panamanian-flagged vehicle carrier Asian Parade ran aground off the east coast of Ireland early on Thursday. Experts are conducting a salvage survey on the 21…
Gladding-Hearn to Deliver Largest Incat Fast Ferry
Gladding-Hearn Shipbuilding, The Duclos Corporation, has begun construction of a new all-aluminum catamaran, which will join three other high-speed ferries built…
Flender Werft Delivers RoRo Spaarneborg
The first of a trio of three RoRo vessels built by Flender Werft Aktiengesellschaft was delivered to owner Wagenborg Scheepvaart B.V. Named Spaarneborg, the vessel…
Decktor Shipyard Wins Contract For Two Pilot Boats
Derecktor Shipyards signed a contract with the New York/New Jersey Sandy Hook Pilots Association for the construction of two all aluminum fast pilot boats. The two…
NASSCO Lands First Phase Of Ship Conversion
National Steel and Shipbuilding Company (NASSCO), a General Dynamics Company, received $2 million for the first phase of an estimated $25 million contract to convert a U.S.
DFDS Seaways Orders Fast Rescue Boat
Danish ferry operator DFDS Seaways has ordered Dolphin Safe Rescuer for their fleet of RoRo passenger vessels from Sea Safe Boats Sweden. DFDS has selected the Dolphin Safe Rescuer…
Leica Supplies Offshore Fleet
Leica has delivered eight MX 480 of its professional chart navigators for the fleet of offshore supply vessels operated by Hornbeck Offshore, Mandeville, La. The…
Raytheon Completes Bridge System Installation
Raytheon Marine, provider of marine electronics, has installed its newest electronic bridge system on the 164 ft. (50 m) yacht Invader, a private yacht currently…
Furuno Introduces CH-37 Sonar
New from Furuno is CH-37, the world's only phased array sector scan sonar. Measuring 15-in., this high-performance daylight viewing unit allows the operator to choose from forward…
Keeping Machinery Spaces Safe
Fire in the engineroom is one of the largest causes of ship casualties around the world, a fact highlighted in a recent Salvage Association annual review. Finland's…
AKER FINNYARDS
Based in Rauma, Aker Finnyards recent history is indicative of the changes, which continue to sweep the Finnish maritime scene. Finnyards is owned 100 percent by Norwegian interests…
