Sealift Ship To Be Christened Benavidez At Avondale
The seventh and final Strategic Sealift ship in the BOB HOPE Class will be christened BENAVIDEZ in ceremonies at the Northrop Grumman Corporation Avondale shipyard Saturday…
OTAL expands into China
Strengthening its position as a leading player in West African shipping and logistics, OT Africa Line (OTAL) has expanded its agency network in China. United Transportation Limited (UTL)…
GLM Score Up Despite Softening GOM
Global Marine's (GLM) Summary of Current Offshore Rig Economics (SCORE) rose 0.6 percent in June 2001, despite a reduction in the Gulf of Mexico. "Softening jackup…
Barge Tows Delayed Near Hannibal, Mo.
Barge tows traveling on the upper Mississippi River faced lengthy delays on Wednesday near Hannibal, Mo., after traffic was stopped for two days to dredge several spots in the river…
NOL Shares Sag On Continued Rate Woes
Shares of Neptune Orient Lines Ltd (NOL), the world's sixth largest container shipper, sank as much as 2.5 percent on Thursday morning to their lowest level since March 2000 on freight rate concerns.
Keppel Profits Surge 62%
Ship repair specialist Keppel Hitachi Zosen saw its first-half net profit surge 62.3 percent to $6.57 million versus the same period last year. The Singapore-based…
Samsung Wins LNG Ship Orders
Britain's BG Group Plc agreed to buy two new liquefied natural gas (LNG) ships from South Korea's Samsung Heavy Industries Co. Ltd. with an option for six more ships.
Schenker: Focus on Ocean Forwarding
Schenker. Inc., an integrated logistics provider is in the process of restructuring its Hanover, Md., office to better service its ocean customers. Schenker offers…
Arctic P Chase Boats Convert to Waterjets
Two 12-m chase boats aboard the Australian-based mega yacht Arctic P has been successfully converted from stern drives to waterjet propulsion. Hamilton Jet, local jet distributor Wiltrading Pty Ltd.
IZAR Tapped To Build Chem Tanker
The reinvention of the Spanish shipbuilding industry under the moniker IZAR as of earlier this year is apparently an immediate success, as news emanating from the…