Northrop Grumman Extends $2.1 Billion Tender For Newport News
U.S. Defense contractor Northrop Grumman Corp. said on Thursday that it had extended again its $2.1 billion tender offer for the outstanding shares of warship builder Newport News Shipbuilding Inc.
Companies Align to Form Taipei Port Consortium
Taiwan's Evergreen Marine forged an alliance with three local counterparts on Friday to bid jointly for a container port project in Taipei Harbor. Evergreen Marine…
Smedvig Asia To Exercise $61.5 Million Rig Purchase
Keppel Hitachi Zosen Ltd said on Friday that Smedvig Asia intends to exercise its option to purchase the Singapore ship repair specialist's interest in a tender rig for $61.5 million.
On-Line Tool Launched for Tanker Industry
A leading software supplier to the shipping industry said on Friday it had launched a new internet-based tool for the chartering and operation of tankers. It said…
Made for End to Exploitation of Workers in Nairobi
The Center for Seafarers Rights (CSR) of the Seamen's Church Institute of New York & New Jersey has raised fears over the ongoing recruitment of Kenyans to work in cruise vessels abroad.
P&O: Economic Slump To Affect Future Revenues
P&O Nedlloyd said on Thursday that global economic slowdown was expected to affect future revenues, as the container shipping group posted a slight rise in second quarter operating profit.
Russia Disputes Tanker Investigation
Russia questioned the legality of a Canadian-U.S. probe into the alleged ramming last week off Massachusetts of an American trawler by a Russian-owned tanker, which…
Low Water Hampers River Traffic
Already low water on the Mississippi River around St. Louis was expected by this weekend to approach levels too shallow for barge transportation, and a damaged lock…
Tanker Rates Double
Rates for tankers to carry crude cargoes from the North Sea to Europe have nearly doubled over the last 48 hours to levels not seen since April, brokers said on Thursday.
Sri Lanka Cuts Fuel Cost To Balance Insurance Hikes
Sri Lanka slashed refueling charges at its main port on Thursday in a bid to woo back ships which are bypassing the country to avoid a prohibitive war-risk insurance surcharge, officials said.
Bean Carrier Runs Aground
Reuters reported that the Panamanian-registered bulker Global Star, grounded at km 210.5, Pasaje Talavera at 1105 local time on August 15. The 36,561 gt tanker was…
Andrew E. Gibson: A Life Dedicated To Maritime
Andrew Edward Gibson died on July 8, 2001, at the age of 79 in Short Hills, New Jersey. His final decade, after a life of notably active achievements, had been primarily devoted to scholarship…
Steamship Historical Society Honors Ships, People
The Ship of the Year Award honors a vessel that has made or is making a major contribution to the purpose of the society. The winner of the 2000 award is the Independence of American Hawaii Cruises…
Crowley Crews To The Rescue
The debate surrounding the cost to value of advnanced tractor tugs is ongoing in the marine business, as most normal operations do not always require the swift manuevers…
WSF Cuts Costs With Oily Water Separator Refit
Washington State Ferries, a company that operates on routes with tremendous environmental concern and legislation, recently refit one of its ferries, Nisqually,…
New Propulsion System Improves Uptime, Power
The repower of Brother, a 140-ft. aluminum offshore crew/supply vessel with Cat 3508Bs, has reportedly improved efficiency more than 20 percent, and helped to decrease downtime significantly…
The Search Is On For WWII Sub Detection Networks
Prior to the outbreak of WWII the Japanese began construction of several different types of midget submarines. Recognizing the strategic importance of such a weapon for combat use…
McAsphalt Stays Liquid With Heatec
McAsphalt Industries, Ltd., headquartered in Scarborough, Ontario, is a major distributor of asphalt products. Their products are used extensively for road construction.
Capt. Cheever Assumes Command of USCG Yard
Captain William S. Cheever recently assumed command of the U.S. Coast Guard Yard in Baltimore, Md. He becomes the 36th Commanding Officer in the 102-year history of the Yard…
USACE Recommends Plan for Corpus Christi Ship Channel
The U.S. Army Corps of Engineers (USACE) is planning on the completion of its three-year feasibility study and has recommended a channel improvement plan to widen…
