Coastal Towing Announces New Refinancing
Coastal Towing, Inc., announced today the consummation of a $28 million senior term loan with the CIT Group/ Equipment Financing, Inc., Heller Financial Leasing, Inc.
Eleven-Ship Contract Placed by EuroShip
Euroship Services has ordered 11 Navmaster PC-based ECDIS to be installed throughout the Cobelfret fleet of Ro-Ros. The contract was awarded to PC Maritime, developers of Navmaster…
Consilium Navigation AB Acquires BSH Approval
Sweden-based company, Consilium Navigation AB has recently acquired BSH (Bundesamt fur Seeschiffahrt und Hydrographie) type approval for their voyage data recorder system, VDR M2.
Eastern Announces Delivery of Vicki M. McAllister
Eastern Shipbuilding Group, Inc., has delivered the Vicki M. McAllister, the second of two 96 ft. reverse tractor tugs, which they have recently constructed for…
Bollinger Delivers Patrol Boat
Security of the U.S. central Gulf of Mexico will be improved by the commissioning of the new 87-ft. coastal patrol boat, USCG Sturgeon, by the U.S. Coast Guard at Grand Isle, La.
CENTRE GROUP, TUFTON OCEANIC STRUCTURE HIGH-YIELD CDO
Shipping Bond Fund Ltd. A member of the Centre Group and TuftonOceanic have completed what is believed to be the first collateralized debt obligation (CDO) comprised…
Keppel To Restructure KHZ Under Keppel FELS
Keppel Corporation Limited (KCL) will restructure Keppel Hitachi Zosen Limited (KHZ) under Keppel FELS Limited (Keppel FELS), the rig building and repair arm of…
Coast Guard at Highest State of Alert Since WWII
The Coast Guard remains at its highest state of alert and readiness since World War II, following the president?s authorized military action against the terrorist regime in Afghanistan.
Taylor Promoted to President of Tidewater
Tidewater (NYSE: TDW) announced today that Dean E. Taylor, age 53, has been promoted to President He has also been appointed to the Tidewater Board of Directors.
Conrad Receives Award From National Rivers Hall of Fame
The Gulf Intracoastal Canal Association in New Orleans presented Edward G. Conrad, founder of RiverBarge Excursion Lines, Inc., RV RIVER CHARTERS, INC. and Compass Towing Company…
Brinson Elected Chairman of National Waterways Conference
J. Ron Brinson, former port director and now special projects coordinator of the Port of New Orleans, was elected chairman of the National Waterways Conference, Inc.…
KMSS Bridgeline Takes a Lead
Korean shipbuilders have achieved a market-leading role in the construction of LNG tankers. Following commitment to serve this market with products, Kongsberg Maritime…
War Risks
Shipowners, charterers, traders, energy companies and insurers will be among those interested to learn the impact of recent events on the war and force major exceptions…
National Ship Repair Coalition Elects Chairman
RADM Richard Camacho, USN (Ret.) was unanimously elected today as Chairman of the National Ship Repair Coalition's Executive Committee. As Chairman of the Executive Committee…
Boompools
Containing spills is a job for the port authorities. Ninety percent of the annual 450 spills involve less than 50 litres. To deal with these, the RMPM patrol vessels have absorbent oil booms.
Rougeau Joins Reson
Al Rougeau joined Reson, Inc. in July as sales engineering manager of Reson's new Gulf Coast office near Lafayette, La. Rougeau has been active in the hydrographic industry for 23 years…
Success For Transas VTS In Taiwan
Transas Marine Pacific in cooperation with its Taiwanese agent, Seven Seas Electronic, has won an order for another Vessel Traffic Service (VTS) system in Taiwan.
AAPA Recognizes 34 Ports
Thirty-one ports received 56 Communications awards, and four ports were recognized for outstanding Environmental programs during the October 3 awards luncheon at…
AKD Prinsen Van Wijmen Expands Transport Law Team
AKD Prinsen Van Wijmen, one of the largest law firms in the Netherlands, is expanding its transport law team. Effective October 15, three partners and three associates…
Lloyd is named Director of Telesales for Scheneker
Russell Lloyd has been named director of telesales for Schenker USA. Lloyd has an extensive background in the Telesales industry. He is an experienced sales executive and operations director…
