Benthos Granted Small Business Technology Transfer
Benthos has been awarded a Phase 1 Small Business Technology Transfer (STTR) contract with the Office of Naval Research to develop underwater transport of video imagery from remote…
Duramax Marine Establishes New Facility
Duramax Marine has opened its new plant in Hiram, Ohio, located approximately 40 miles south east of Cleveland. Consisting of approximately 65,000 sq. ft. of factory and office space…
MarineSafety Provides Training For LNG Carriers
MarineSafety International (MSI) provided simulator-based training for ships' officers, pilots, tug masters, and docking masters maneuvering LNG carriers in the Savannah River.
Globalstar Reports Results for Second Quarter of 2001
Satellite communications company, Globalstar, has reported its results for the quarter ended June 30, 2001, which showed steady increases in both voice and data traffic…
Northrop Grumman To Develop Lithium-Ion Battery For Advanced Seal Delivery System
Northrop Grumman Corporation has been awarded a $4 million contract by the U.S. Naval Sea Systems Command (NAVSEA) for the development and integration of lithium-ion battery technology for the U.S.
Columbia Coastal Promotes Bowen To Operations Manager
Columbia Coastal Transport, LLC has promoted Richard Bowen to operations manager at its Norfolk, Va. office, effective immediately. In his new position, Bowen will…
Van Hall To Audit Clinics In Manila
Van Hall Health has been appointed by the U.K. P&I Club to audit five medical clinics in Manila, The Philippines. Van Hall plans to review each clinic and identify…
New Commercial Director For FBM Babcock Marine
FBM Babcock Marine Ltd, one of the world's leading designers and builders of high speed ferries and specialist patrol vessels has elected Steven Scott as its new commercial director.
Pegasus Shipping Completes High Yield Bond Restructuring
Pegasus Shipping (Hellas) Ltd. has completed the restructuring of its $150 million 11.8 percent First Preferred Ship Mortgage Notes with its Bond Holders. Under final terms of the deal…
Knight & Carver Names Brown As CEO
Knight & Carver YachtCenter, San Diego, Calif., has appointed Sam Brown as CEO. For the past 14 years, Brown has served as legal counsel to the company, whose revenues exceeded $12 million last year.
KVH Appoints Bookataub As COO
KVH Industries has appointed S. Joseph Bookataub as its new COO. Bookataub brings extensive experience in the areas of ISO procedures and certification, and supply chain management…
Lykes Lines Upgrades Africa Service Fleet
The launching of Lykes Runner on August 29, rounds out the retonnaging of Lykes Lines' North America - Africa Service, East Coast Loop. This multi-purpose Astrakan…
BP Exploration To Merge Into Amoco Oil
Effective October 1, 2001, BP Exploration & Oil Co. will merge into Amoco Oil Company. Subsequent to this transaction, the name of the surviving legal entity Amoco…
Anteon Receives Information Security Contract
Anteon has been awarded a four-year (base plus three option years), $4.7 million contract to support the Military Sealift Command's (MSC) Department of Defense Information…
GLM, Santa Fe International Announce $6 Billion Merger
The course of corporate consolidation within the already tight offshore business took a dramatic turn over the holiday weekend, as Global Marine Inc. and Santa Fe…
Houghton Offshore Awarded Five-Year Contract
Houghton Offshore has entered into a five-year contract with Transocean Sedco Forex for the supply of the following fluids for Transocean Sedco Forex's global fleet…
Schlumberger, Yukos To Create Field Development Planning Center in Moscow
Schlumberger Oilfield Services and Yukos have agreed on a three-year contract to create a field development planning center in Moscow. Representative reservoir models…
Bollinger Increases Port Fourchon Capabilities
Bollinger’s repair and conversion shipyard at Port Fourchon, La., on the Gulf of Mexico, can now accommodate rigs, ships and boats with drafts to 27 ft., now that…
Guilbeau Marine Boats Complete Sea Trials
Seatrials have successfully been completed by Bollinger Shipyards, Inc., Lockport, La., on the first of four 145.5-ft. utility vessels under contract for Guilbeau Marine, Inc., Cut Off, La.
Wärtsilä Increases Shareholding In Wärtsilä India
Wärtsilä Corporation, holding at present 51% of the shares in Wärtsilä India Ltd., has made a public offer to the minority shareholders to acquire up to 49% of the shares in the Company.