S&P Puts Royal Caribbean-Related Deals on CreditWatch Positive
Standard & Poor's placed its double-'B'-plus ratings on class A-1 of two synthetic transactions linked to Royal Caribbean Cruises Ltd. on CreditWatch with positive implications.
Royal Olympic Cruises Expects Cancellations to Affect Year End Results
Royal Olympic Cruise Lines Inc. reported that significant booking cancellations aboard its cruise vessels for the remainder of the year will adversely affect its final results for 2001.
McDATA Enterprise Storage Area Network to Support Naptheon
Shipbuilding (NNS), which designs, builds and maintains the ships, including nuclear powered aircraft carriers and submarines, has selected McDATA to deliver a centralized…
Royal Olympic Announces Delivery of Olympia Explorer
Royal Olympic Cruise Lines Inc. announced that the Olympia Explorer, sister ship to Royal Olympic's Olympia Voyager, is expected to reach the port of Piraeus early 2002…
Federico Garcia Lorca Completes First Season
The all-aluminum TMV 115 monohull fast ferry Federico Garcia Lorca built at Rodriquez Cantieri Navali’s Pietra Ligure shipyard in Italy was delivered to Balearia Eurolineas Maritimas on June 22, 2001.
Aker Maritime and Kvaerner Reach Agreement on a Solution
Kvaerner today announced that it has reached agreement with its largest shareholder, Aker Maritime, on a comprehensive industrial and financial solution for the Kvaerner Group. Kvaerner Oil & Gas.
Northern Offshore Reports Third Quarter Results
this year, mainly due to EBITDA generated from the Energy Searcher of about $950,000 and higher production volume on Northern Producer. with year 2000. For the third…
New contract for Safe Caledonia
the semi-submersible service rig Safe Caledonia in the Gulf of Mexico. The bareboat contract has a value of $6,4 mill. personnel on board. The new contract ends in early May 2002…
Repeat Order From Klyne Tugs
Yantai Raffles Shipyard is pleased to announced that Klyne Tugs ( Lowestoft ) Limited, UK have placed an order with the shipyard to build a repeat UT719-T 67m Anchor Handling Towing Supply Vessel.
Aker Maritime and Kværner Agree Overall Solution
Agreement has been reached between Kværner and its largest shareholder, Aker Maritime, on a comprehensive industrial and financial solution for the Kværner group.
Aker Maritime Wants to Strengthen Kværner
Aker Maritime wants to contribute to a solution for Kværner, and is presenting a proposal today which could form the basis for constructive new discussions. This…
Kvaerner Sees Basis for a Going Concern
Kvaerner, the international engineering and construction Group, today said that its Board, in an extraordinary meeting last night, decided that there is a basis…
Ensolve Earns Type Approval
EnSolve Biosystems announced that it has received U.S. Coast Guard and International Maritime Organization (IMO) type approval for its new PetroLiminator® 100 Oil Water Separator.
Spinnaker Cautions Shipping Employers Over Foreign Workers' Rights
Maritime recruitment specialist, Spinnaker Consulting has warned shipping firms that they could face legal action if they do not apply UK standards to foreign workers.
Gladding-Hearn Takes Orders For New Class of Pilot Boat
Gladding-Hearn Shipbuilding, The Duclos Corporation, is building a new class of pilot boats. The Virginia, Maryland, and Tampa pilots will be the first to operate…
Manitowoc to Build Additional Buoy Tenders for USCG
The Manitowoc Company, Inc. today announced that its Marinette Marine subsidiary was awarded options to build two additional seagoing buoy tenders for the U.S. Coast Guard.
United Arab Shipping Company Joins INTTRA
INTTRA, the leading provider of B2B ocean freight services, announced that United Arab Shipping Company (UASC) has selected INTTRA as its portal for the management of ocean-going container shipping.
Moore Stephens Says Insurers Must Make Greater Use of Risk Analysis
consultancy to assess risk. foundations. Now is not a time for being wise after the event. insurance can de designed and sold on price alone. "The best insurance is a combination of commercial acuity…
Lloyd's Register To Announce Full Year Results
Lloyd’s Register, an independent technical organization that works to improve its clients’ quality, safety, environmental and business performance, will announce…
New Chairman for Bilbroughs
2002. Edmiston has been with Bilbroughs for 30 years, 27 of them as director. The directors, however, are pleased to announce that Edmiston will continue to be associated…