William E. Munson Delivers Two Aluminum Packcats
The William E. Munson Company recently delivered a 30-x 10-ft. Packcat welded aluminum landing craft designed as a commercial kayak hauler and private sports boat.
SeaArk Marine Delivers Boat to Hayden Lake Fire District
SeaMarine of Monticello, Ark., recently built and delivered a 30-ft. all-welded aluminum Emergency Response Vessel to the Hayden Lake Fire Protection District in Hayden Lake, Idaho.
Panamax Rates Softer
Panamax freight rates were softer in the Atlantic and the market was relatively quiet on Wednesday, shipbrokers said while business from the South American grain…
Vopak To Sell Tankers
Dutch chemicals storage and shipping company Koninklijke Vopak reported a five percent rise in 2000 net profit, driven by its North American distribution business…
Mississippi Traffic Picks Up
Traffic on the mid-Mississippi River was picking up this week from Davenport, Iowa, southward as ice melt improved navigation and locks were open to pass barges, river officials said Tuesday.
Navy Investigator: Civilians Did Not Cause Sub Crash
The U.S. Navy’s investigator into the collision of a nuclear submarine and a Japanese fishing vessel testified on Tuesday that the presence of three civilians at…
Dive Boat Company Found Negligent
Everything was going swimmingly for California couple Michael and Lynda Evans on a diving excursion 5 miles off Florida’s Key Largo -- until they surfaced to find…
Swedish Police Confiscate Cannon From Barge
Swedish police have confiscated a 16th century bronze cannon from a barge owner who used the two-ton weapon as ballast in his vessel. The four yards long cannon…
Mediterranean Shipping Takes Another Cruise Ship
Mediterranean Shipping Co had exercised an option with Alstom for a second 793-cabin cruise liner to be delivered in 2004. Although Alstom declined to give the value of the contract…
Panamax Rates Slip Slightly
Panamax freight rate ideas for the immediate future have slipped back slightly, shipbrokers said. Overall, Panamax freight rates in the Atlantic are seen as softer…
Six Lost in Trawler Sinking
Rescuers on Tuesday recovered the bodies of six sailors who died when a German trawler sank in the freezing North Atlantic off the west coast of Scotland. “Everybody…
Teekay Takes Control of UNS
International tanker group Teekay has taken control of 56 percent of shares in Norway’s Ugland Nordic Shipping. Teekay will submit an offer to acquire all remaining shares in UNS at $15.85 per share…
Korean Shipbuilder See Capacity Shortage
An executive at South Korea’s Hyundai Heavy Industries, the world’s top-ranked shipbuilder, said on Tuesday there was a global capacity shortage in shipbuilding…
Report: Sailors Treated Like Slaves
Tens of thousands of sailors on commercial ships are being treated like slaves and live in fear of being thrown overboard if they complain about exploitation and mistreatment…
Trico Marine Files to Sell Up to $150M in Stock
Trico Marine Services Inc. filed with U.S. regulators to sell on occasion up to $150 million in common and preferred stock, depositary shares, debt securities, guarantees and warrants.
Seacor Smit Gets Bigger
Seacor Smit Inc. and Stirling Shipping Company Ltd., a private UK company based in Glasgow, Scotland, signed a letter of intent for Seacor to acquire all of the…
First Contract for the Saibos FDS in GOM
Bouygues Offshore, through its Saibos CML subsidiary, has signed with Saipem Inc. a pipelaying contract for the Canyon Express project in the Gulf of Mexico for TotalFinaElf E&P USA Inc.
Coast Guard Investigates Barge Breakaway
Coast Guard investigators from Marine Safety Office (MSO) St. Louis are investigating the breakaway of over 76 barges that happened Sunday evening in the Port of St. Louis.
Caribbean Tanker Rates Up a Notch
Caribbean tanker rates edged up a notch on Monday because of ongoing backlogs caused by last week’s weather delays, brokers said. “We saw W305 done today for 70,000 tons,” said a U.S. broker.
Rice Ship Struck by Bulker
The Cambodia-flag freighter Marina Bay was berthed at Lagos, Nigeria, when it was struck by the Cyprus-flag bulker Yannis, on March 3, Lloyds Shipping Intelligence Service said on Monday.
