New
NKK Corp. has developed an ax-shaped bow that allows a reported 20 to 30 percent reduction in ships' sea margin compared with conventional bows. The company will fit the new bow to a 172…
Detyens Shipyard Saves Christmas Cruise
Cunard's Seaborn Sun underwent an emergency dry-docking to repair internal damage to the port controllable pitch propeller. Detyens dissembled the blades and hub…
CCL, ABB Reach Settlement on Propulsion System
Carnival Corp. (CCL) and ABB Industry Oy, Marine Group, a unit of the ABB Process Industries, reached a settlement in December regarding a malfunction in the propeller…
U.S. Customs Service To Auction Drug Bust Ships
The U.S. Customs Service is preparing to auction M/V Suerte I, which was one of five large vessels seized in September 2000. The seizure occurred as part of Operation Journey…
Seacon Holdings Releases Preliminary Results
Seacon Holdings recorded a profit before taxation of £996,449 for the year ending September 30, 2000, compared to a profit before taxation of £3,284,681 reported the previous year…
Morocco, EU Resume Fish Talks
Morocco and the European Union have resumed protracted talks to renew a multi-million-dollar fishing agreement, government officials said. During the previous session in Rabat two weeks ago…
VLCC Rates
Eastbound VLCC freight that nearly topped W200 in November is now firmly mired beneath W100. "The market's really lost its way, but much of that is just down to sentiment…
