Freight Rate Downturn Continues
The downhill slide in freight rates for long range (LR) cargoes of petroleum products from the Gulf steepened last week as cargo awards failed to emerge, brokers said.
Hyundai Mipo Gets Chem Carrier Contract
Hyundai Mipo Dockyard reportedly won a $60 million order to build two chemical carriers. Following this announcement, the builder's orders to build and repair vessels so far this year to $980 million.
The Cost of War
There was a predictable outcry against the London-based War Risk Rating Committee for imposing a huge surcharge on sailings to Sri Lanka following the suicide bombing…
Ellicott Announces New Dredging Technology
Ellicott International offers details on a new type of dredge which actually walks by itself. The dredge moves on three moving spuds or traveling carriages enabling…
Asbestos alert
A strange little story is emerging from the Netherlands which could have repercussions for every port authority subject to EU jurisdiction. The Inspectorate for…
Wärtsilä Wins Environmental Award
Det Norske Veritas granted Wärtsilä's Finnish companies, Wärtsilä Finland Oy and Wärtsilä Technology Oy, ISO 14001 environmental certification in recognition of…
Cummins,CitiCapital Launch Alliance for Finance
Cummins Inc. and CitiCapital have reached an agreement to promote a co-sponsored marine finance program. Under the agreement customers who purchase Cummins engines…
Conrad Appoints New CEO, Announces 2Q Results
Conrad Industries, Inc. announced the appointment of Kenneth G. "Jerry" Myers, Jr. as president and CEO, effective Aug. 27, 2001. Myers has spent the past 21 years…
Tugz Given Green Light To Enter FL Market
Tugz International L.L.C., an affiliate of the 101-year old The Great Lakes Towing Company, and a member of The Great Lakes Group, announced Tuesday that the Broward…
NAVSEA Technicians Locate Lost Fishing Vessel
Technical specialists with NAVSEA's Naval Underwater Warfare Division, Keyport recently helped the U.S. Coast Guard to locate the sunken fishing vessel Arctic Rose…
Nigerian Navy Destroys Pirate Boats
The Nigerian navy has taken a unique tactic to remove piracy from its wates, as it has reportedly began blowing up 11 boats worth $3.6 million as public punishment…
Shipyard's Apprenticeship Program Offers First Grads Since 1993
On Friday, August 17, Portsmouth Naval Shipyard graduated its first Cooperative Apprenticeship Program (CAP) class since 1993, when the program was halted by the…
Moran Commissions 10th Z-Drive Tug
Moran Towing has commissioned Diane Moran, its 10th Z-drive tugboat, which was recently christened in a ceremony in New York Harbor, will be used in harbor services.
Flat Screen Marine Radars Earn Type-Approval
Litton Marine Systems (LMS) received type approval for its Decca BridgeMaster E 180 and 250 flat-screen marine radars. The type approval, granted by the U.K. Defence Evaluation and Research Agency…
IBIA Strengthens Management
The International Bunker Industry Association (IBIA) has strengthened its management team and is to improve services to members with the appointment of two full time staff members.
CMC Celebrates Earth Station's 25th Anniversary
COMSAT Mobile Communications' (CMC) Santa Paula, California, earth station is celebrating 25 years of continuous, around-the-clock operations, providing the critical…
Cummins To Power Flat Decked RoRo Ferry
The province of New Brunswick will take delivery next October of a new car ferry for the run between and L'Etete on the mainland and Deer Island in the Bay of Fundy.
Austal USA Readies 82-ft. Catamaran For Spring 2002 Delivery
Austal USA in Mobile, Ala., has progressed steadily with its 82-ft. (24.9-m) High Speed Catamaran, which was designed specifically for the U.S. market. Being built alongside the two 150-ft.
Carderock Tests Novel Ship Wastewater Treatment System
Engineers in the Wastewater Management Branch at the Naval Surface Warfare Center's Carderock Division (NSWCCD) in Bethesda, Maryland assess, test and evaluate technologies…
NASSCO Delivers USNS Pomeroy To U.S. Navy
National Steel and Shipbuilding Company (NASSCO) has delivered to the U.S. Navy, USNS Pomeroy - the seventh new construction ship to be completed by NASSCO under the U.S.
