Global Marine Announces Two Long-Term Drilling Contracts Offshore West Africa
Global Marine today announced it received a letter of commitment from Elf Petroleum Nigeria Limited, a subsidiary of TotalFinaElf, for two-year contracts for both…
US Marine Promotes Sienicki
US Marine announces the promotion of J.D. Sienicki to senior vice-president of engineering and product development. "Through his leadership, J.D. has built one of…
Tanker Market Guide Available
The new publication 'Current issues facing the tanker market with emphasis on the regulatory phase-out of single-hull tankers' is now available from INTERTANKO.
U.S. Oil Imports Up
U.S. crude oil imports January to June 2001 were above the 2000 level in each month. However, crude oil imports during 3rd quarter were below the 2000-year level for each month.
Worldscale Rates Down Slightly for Year
On the whole there will only be small downward changes in the 2002 Worldscale Flat rates compared to those for 2001. and a fairly stable US Dollar. Most changes…
Substandard Shipping Discussed in St. Petersburg
INTERTANKO's Managing Director, Peter Swift participated as a speaker and panelist in the 4th International "Substandard Shipping - Solution Through Partnership" seminar held this week in St.
EU Erika I Proposals Close to Adoption
In line with the EU co-decision procedures both EU Member States (Council) and the European Parliament have to agree on proposed rules before final adoption. Last…
BP Signs Crazy Horse Hull Fabrication Contract
BP Announced it has signed a Letter of Intent with Daewoo Shipbuilding & Marine Engineering Company, Ltd. of South Korea for detailed design, fabrication and transport…
CSX Lines Launches an Independent Business and Systems Company
CSX Lines announced the formation of Horizon Services Group, created through the restructuring of the existing organization of CSX Lines. The Horizon system places…
McDermott International Reports Third Quarter Results
McDermott International, Inc. reported net income of $19.3 million on revenues of $591.2 million for the quarter ended September 30, 2001. Earnings were up 245 percent…
Farstad Receives Letter of Intent from Norsk Hydro
Farstad Shipping ASA, in co-operation with Stolt Offshore AS, has received a Letter of Intent from Norsk Hydro for a 5 year charter, plus 3 yearly options, for the newbuilding Far Saga…
Smedvig Buys Keppel’s Interest in Rig
Smedvig Asia has exercised its option to purchase Keppel Hitachi Zosen’s (KHZ) interest in the semi-submersible tender rig, West Alliance, for US$61.5 million on November 2, 2001.
Seabulk Signs Global E-Procurement Contract With SeaSupplier
SeaSupplier Ltd. (SeaSupplier), the marine e-procurement subsidiary of Stolt-Nielsen S.A. announced it has been chosen by Ft. Lauderdale, Fla., based Seabulk International…
Vosper Thornycroft Will Pay For Griffin Services
Vosper Thornycroft Holdings announced that they will pay $19 million for the Atlanta-based Griffin Services Inc. In an effort to expand to the U.S., the British naval shipbuilder and defense service…
USCG Sponsors National Maritime Salvage Conference
The U.S. Coast Guard's 13th District is co-sponsoring the National Maritime Salvage Conference 2002, to be held on Jan. 16 and 17, in Seattle, Wash. Joining the…
Orders For Low-Speed Engines For Wärtsilä
Wärtsilä reports orders for Sulzer RT-flex diesel engines for two multi-purpose carriers to be built at Shanghai Shipyard in China. The order consists of low-speed…
First UK Drydockings for Italy's Grimaldi
A&P Southampton has drydocked three RoRo vessels from Italian shipping company - Grimaldi Group in the King George V drydock this summer. This is the first time Grimaldi has drydocked in the UK.
Navy Announces DD(X) Program
The Navy announced today that it will issue a revised Request for Proposal (RFP) for the Future Surface Combatant Program. Formerly known as DD 21, the program will…
Crowley Continues Support of U.S. Navy in Ehime Maru Recovery Project
Seattle-based Crowley Marine Services continues to support the U.S. Navy's Office of the Superintendent of Salvage (SUPSALV) as prime contractor for Phase II of its Ehime Maru recovery project.
UPDATE: Cruise Ships to Move
According to a Northrop Grumman spokesman, the first Project America cruise ship -- which is 45 to 50 percent complete -- will soon be moved to free up precious…
