PDVSA Chooses Bunkerstem
Venezuelan state oil company Petroleos de Venezuela (PDVSA) has chosen Bunkerstem, as one of only two approved outlets for bunker fuel sales. PDVSA will begin selling…
Horizon Delivers Azimuthing Tug
Horizon Shipbuilding, Inc. recently delivered Belle Watling, a 72-ft. Z-drive tug to Dixie Towing of Jacksonville, Fla. The tug was delivered 30 days ahead of its contractual delivery date.
McAllister Towing Orders New Tug Pair
McAllister Towing and Transportation Co. has ordered two new 5,000 hp tugs scheduled for delivery this year. The first vessel, which will be named Janet M. McAllister…
Chiles Offshore Announces 4Q Results
For the fourth quarter ended December 31, 2000, the Chiles Offshore reported net income of $4,401,000 on revenues of $16,752,000. In the corresponding quarter ended December 31…
BV Pushes Tanker Safety Initiatives
Bureau Veritas (BV) is to work within IACS to develop tanker safety initiatives proposed by OCIMF and Intertanko. OCIMF and Intertanko have held a series of individual…
SembCorp Posts Small Profit Rise
SembCorp Marine Ltd. (SCM), Singapore's largest ship repairer, posted a small rise in its 2000 net profit, in line with market expectations. SCM, 63 percent owned…
Ship Sales
Molat - (built 1977) 37,836 dwt sold for $1 million. Sea Resource - (built 1977) 27,000 dwt sold to Taiwanese buyers for $1.35 million. Neptune Akabar - (built 1986) 21…
USN Procedures Under A Microscope In Wake Of Trawler Sinking
The U.S. Navy, eager to keep its submarines hidden as much as possible, rejected three official recommendations aimed at preventing collisions like the one that…
