Hellenic Shipyards Skaramanga To Go Private With HDW Werft
Hellenic Industrial Bank was outperforming the Athens bourse on Wednesday on expectations it will soon sell its majority stake in Skaramanga shipyards, analysts said.
Bids Are In For Struggling Cammell Laird
Accountancy firm PriceWaterhouseCoopers (PwC) said on Wednesday it had received a second management buyout bid for the U.K. shipyard assets of struggling shipbuilder Cammell Laird Plc…
Pilot Strike Shuts Down Russian Ports
Ships were marooned at a buoy in the Gulf of Finland on Wednesday as a strike by pilots kept St. Petersburg and other Russian ports shut. The strike, which began on Tuesday…
Oversupply Leads Pacific Panamax Rates Tumble
Panamax owners in the Atlantic have fought off charterers' attempts to push freight rates lower, but panamaxes in the Pacific are weaker due to oversupply, brokers said on Wednesday.
Dresser-Rand To Supply Power Generation Equipment For BP
Dresser-Rand has received orders to supply power generation equipment to the BP Deep Water Development Program in the Gulf of Mexico. The equipment is being supplied…
Southwest Marine Lands $54 Million Contract
The Navy has granted a $54 million, five-year continuous maintenance contract for work on DDG-51-class ships to Southwest Marine (SWM). USS Stetham is scheduled…
Royal Olympic Cruises Cancels Remainder Of Olympic Explorer's Summer Program
Royal Olympic Cruise Lines Inc.announced that it has regretfully been forced to cancel the cruises of its new vessel, Olympic Explorer, for the remainder of the summer season.
U.K. Manufacturers Seek to Forge New Partnerships
Launched in March 2001, The Marine Export Partnership (MEP) is a new initiative designed to assist British marine companies in their exporting efforts and to raise…
Type 45 Destroyer Build Plans Modified
The Secretary of State for Defense announcement on the royal Navy's Type 45 destroyer was hailed as a boon for South Coast Shipbuilding, as the revised strategy…
RIB Technology Makes Stronger, Faster Boats
The business of building better Rigid Inflatable Boats (RIBs) is a serious one which utilizes and combines some of the world’s most advanced materials technologies.
Raytheon to Supply T45 with IBS, Nav Package
Raytheon Marine GmbH won the contract with Raytheon Systems Limited U.K., to supply the Navigation suite and Integrated Bridge equipment, for the first batch of…
Kelvin Hughes Bridge Chosen for Queen Mary 2
Kelvin Hughes has earned its way onboard the most prestigious current cruise ship newbuild project. Cunard selected Kelvin Hughes' fully integrated bridge system…
U.S. ENC Availability Starts to Gain Speed
It is no secret that acceptance and incorporation of electronic charting systems has been more widespread in Europe than in the U.S., as European governments and…
Chartco: The Best of Both Worlds
Created just three years ago, Chartco embraces a small company's flexibility and innovative attitude but is supported by a big company bankroll. Dr. Andy Norris…
Belotti Handling Reinvents The Reach Stacker Machine
Belotti Handling S.p.A., which invented the Reach Stacker machine for container handling in 1969, offers today a totally new and innovative unit with automated and sophisticated systems.
IZAR Ferrol Repairs Eight Vessels At Once
The shiprepair yard of IZAR Ferrol surpassed previous occupancy records recently, as it simultaneously worked on eight vessels. The yard facilities were fully busy…
SSPC 2001 Set for November in Atlanta
Scheduled to be held November 11 - 15, 2001 at the Georgia World Congress Center, Atlanta, Ga., SSPC 2001 (The Society for Protective Coatings) is the conference…
Offshore Inland: Poised to Pounce on Offshore Upturn
Offshore Inland Marine & Oilfield Services of Mobile, Ala., is a wholly owned subsidiary of Offshore Inland Services that commenced operations on December 1, 2000.
Detyens Concludes Largest U.S. Conversion
In May Detyens Shipyard concluded the reactivation and conversion of the LNG carrier Galleoma (formerly Arzew), finishing what the yard termed the largest commercial…
America's Cruise Line Faces Delivery Delays, Job Cuts
As part of a comprehensive cost reduction program, American Classic Voyages (AMCV) announced in June that it would eliminate 70 full-time positions form its shore…
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