Horizon Offshore Reports Third Quarter Earnings
Horizon Offshore, Inc. $2.8 million. This compares with net income of $3.7 million, for the third quarter of 2000. the third quarter of 2001, the company reported gross profit of $7.7 million…
Rolls-Royce Marine Business Fast Growth in China
According to Rolls-Royce chief executive John Rose, Rolls-Royce has been increasing its marine business in China by more than 20 percent. Annually over recent years.
Manitowoc's Marine Group Launches Coast Guard Cutter
The Manitowoc Company, Inc. announced the launch of the U.S. Coast Guard Cutter Cypress, the tenth ship in a series of 14 seagoing buoy tenders being built at Manitowoc's Marinette Marine subsidiary.
ABS Launches Web-based Container Information System
ABS launches an electronic-based container information system (E-CIS) for tank owners worldwide, providing quick access to inspection reports. With increased safety…
New Bunkering Deal in Trinidad
Improved bunkering facilities in the Caribbean region are planned as a new agreement is announced between Petrotrin and BP Marine, which will combine to provide…
Cooperative Research and Development Agreement Signed
"Non-Toxic Methods for Corrosion Resistance and Biofouling Prevention," in order to continue work on the development of non-chromate coatings. For several years…
Lloyds Certification for Helifusion Welding Process
A&P Southampton and its engineering division - Helifusion, have announced that they have recently achieved Lloyds Register certification for a new weld process to…
Spanish Cabotage Trades
The Spanish Ministry of Public Works and the Economy has invited tenders for participation in three cabotage trades, involving Ceuta/Melilla, the Canary Islands, and the Balearic Islands.
Liability in Venezuela
A new General Ports Law has been approved in Venezuela, which is expected to introduce significant changes to the liability regime of port operators and administrators.
Finnlines Discusses Financial Prospects
The Finnlines Group recorded net sales totalling EUR 450.9 ($402.4) million. was EUR 45.8 ($42.3) million. The profit before extraordinary items was EUR 35.7 ($33.2) million. 2.5%.
Newport News, General Dynamics Terminate Merger Agreement
Newport News Shipbuilding, (NNS) and General Dynamics (GD), have agreed to terminate their agreement and plan of merger. The companies entered into an agreement on April 24…
Kvaerner Masa-Yards’ Turku Shipyard Delivers Adventure of the Seas
The Adventure of the Seas, newbuilding 1346, was delivered at Kvaerner Masa-Yards’ Turku shipyard. Adventure of the Seas is the third cruise ship in the Voyager-class for Royal Caribbean Cruises, Ltd.
Thrane & Thrane A/S Launches eCTrack
Thrane & Thrane received type approval on October 12 from Inmarsat for the world’s first Mini-C product. The product, which is named eCTrack, is available for distribution.
U.S. Navy Awards $60 Million to DD 21 Alliance and Bath Iron Works
The U.S. Navy has awarded the DD 21 Alliance a $60,155,724 contract modification for the extension of the DD 21 Phase II Period of Performance. Shipbuilding of Pascagoula, Miss.
Kvaerner Masa-Yards’ Turku Shipyard Delivers Adventure of the Seas
The Adventure of the Seas, newbuilding 1346, was delivered at Kvaerner Masa-Yards’ Turku shipyard. Adventure of the Seas is the third cruise ship in the Voyager-class for Royal Caribbean Cruises, Ltd.
MariTEL Names Fyock Vice President Sales
Telecommunications industry veteran Lawrence R. Fyock has been appointed vice president sales for MariTEL. Launched in June 2001, MariTEL’s new Marine Wireless VHF…
Northrop Grumman Provides Additional Financial Guidance For 2002
information for 2002. completion. expected to range between $6.85-$7.25 per share, on approximately 86 million shares. sector.
International Shipholding Corporation Reports Third Quarter Results
International Shipholding Corporation reported results for the quarter ended September 30, 2001. Net loss for the third quarter was $165,000 as compared to net income of $418…
Carnival Reports Third Quarter Earnings
for its third quarter ended August 31, 2001, compared to net income of $396.2 million on revenues of $1.23 billion for the same quarter in 2000. same period in 2000.
Japan Backs IMX in Dry Bulk Venture
Maritime software provider, Strategic Software, and e-JAN corporation, the Japanese internet shipping group established by NYK Line have announced a joint venture to be launched on November 1, 2001.
