Glasgow Shipyard Inaugurates Its Saving Grace
Glasgow's Govan shipyard celebrated a welcome but rare sight on Friday as a new ship slipped into the dark waters of the Clyde - the first since the once-mighty…
Analysts Rate Carnival Corp. Neutral
Morgan Stanley Dean Witter said one of its analysts started coverage of cruise line Carnival Corp. with a neutral rating on Friday. The analyst set a $37 price target.
Seven Seas Voyager Will Boast Dolphin Podded Propellers
Seven Seas Voyager, the new 50,000-gt cruise ship under construction at T. Mariotti Shipyard in Genoa, Italy for Radisson Seven Seas, will be among the first ships…
76-Year-Old Solo Sailor Loses His Ship
David Clark's record breaking bid to be the oldest man to sail solo round the world ended in disaster on Thursday as his yacht sank two days after leaving Cape Town, Reuters reported.
EU To Crack Down On Tankers
European Union plans to avoid a repeat of the recent saga of the leper-tanker Castor are well advanced, the European Commission's head of maritime safety said. With a 60-ft.
Castor Is Now Clean
Salvors working in open seas have managed to safely discharge a petrol cargo from a damaged Cypriot tanker in the Mediterranean, averting the risk of an environmental disaster.
Pimentel Steps Down From Top Post At Cunard Line
Carnival Corp. announced the resignation of Larry Pimentel, president and CEO of its Cunard Line Limited unit. Pamela Conover, COO of Cunard, has been given the…
Kvaerner Masa-Yards Piikkiö Works Agrees With Flender Werft
Kvaerner Masa-Yards Piikkiö Works and German shipyard Flender Werft have signed a contract on the delivery of approximately 550 prefabricated modular cabins for…
Saab TransponderTech To Provide ARS System
Saab TransponderTech has been awarded a contract to provide Orkney Island Harbor Authorities with an ARS system that includes AIS functionality. The system boasts…
Image Marine Wins Dinner Cruise Contract
Image Marine signed a contract to built a 34 m dinner cruise catamaran for Blue Line Cruises of Sydney, Australia for operation in Sydney Harbor. Blue Line, which is part of the Accor Group…
Bender Granted Conversion Contract From Cal Dive
Bender Shipbuilding & Repair of Mobile, Ala., has been awarded the conversion of the 400 x 102 ft. (121.9 x 31 m) Sea Sorceress. The barge, which will be converted…
MacGregor's Corex Panels Are Basis Of Premiere Project
The first conversion project using replacement hoistable car decks based on MacGregor's new Corex panels are expected to provide weight savings on a 1979-built local ferry.
High Speed Ferry Set For Block Island
Beginning this summer, passengers traveling from Point Judith to Block Island, R.I. will be able to complete their travel in about half the time it normally takes…
ABS Will Class Egyptian Navy Fast Missile Patrol Craft
ABS has been selected as the classification society for the four Ambassador MK III Fast Missile Patrol Craft being built for the Egyptian Navy at Halter Marine Inc.…
ALGAE-X Now Standard Equipment On All New Nordic Tugs
Algae-X International has announced its agreement with Nordic Tugs - the Ed Shelton designed and manufactured boats - to integrate the ALGAE-X's Fuel Decontamination…
Abu Dhabi Granted $50 Million Naval Contract
Abu Dhabi Ship Building (ADSB) has signed a contract with the UAE Armed Forces to complete major combat system upgrades for a series of six Missile patrol Boats in the UAE Navy's existing fleet.
Hyundai Sales Projected To Rise
Hyundai Merchant Marine has set a 2001 sales target of 5.9 trillion won ($4.67 billion) up 15.5 percent from an estimated 5.1 trillion won last year. The company…
Daewoo Stake Sale Held Up On Price
South Korea's plan to sell a stake in Daewoo Shipbuilding to an Australian firm has stalled and other options to lure foreign capital are being considered, officials at Daewoo and its creditors said.
Tankers Expected In Iraq
Iraqi crude oil exports from two U.N.-approved loading ports remained on hold on Thursday but could resume later in the day with the expected arrival of two vessels, shipping sources said.
Hanjin Expects Profit
South Korea's Hanjin Heavy Industries expects to post 2000 net profit of 12.8 billion won ($10.16 million) last year from 91.1 billion in 1999. Sales last year totaled 1.92 trillion won…