MARCO Shipyard To Construct Third Millennium Class Tractor Tug
MARCO Shipyard Seattle has signed a contract to construct a third Millennium Class tractor tug for Harley Marine Services. Measuring 105 ft. (32 m), the multipurpose…
Camarc And Kvichak Marine Team Up Again
Camarc and Kvichak Marine Industries have joined together once again to design and build an all-aluminum 72-ft. (22 m) pilot boat. The new vessel, which is scheduled for a Summer 2002 delivery…
Florida Detroit-Diesel Allison And Algae-X Sign Distributor Agreement
Algae-X has signed a distributor agreement with Florida Detroit Diesel-Allison (FDD-A)-based in Miami, Fla. FDD-A, which is the Detroit Diesel/MTU engine distributor…
Drew Marine Division To Distribute Draeger Safety's Personal Air Fitration Systems
Drew Marine and Draeger Safety have agreed to name Drew Marine the distributor for Draeger's complete line of self-contained breathing apparatus and gas detection…
Philip A. Dur To Head Northrop Grumman's Ship Systems Sector
Northrop Grumman Corporation has appointed Philip A. Dur as corporate vice president and president of the company's Ship Systems sector - the largest builder of non-nuclear ships for the U.S. Navy.
Port of Los Angeles To Welcome Trio of Aluminum Fireboats
Subsequent to a lengthy bidding process, the Port of Los Angeles will receive a trio of three all-aluminum fireboats, which will be constructed by Kvichak Marine Industries. Measuring 39 ft.
Blount-Barker Signs Contract For Sea Wolf Marine Tug
This past August, Blount-Barker Shipbuilding signed a contract with Sea Wolf Marine of Bayonne, N.J. to build a 2,400-hp, 85-ft. (25.9 m) double chine, all welded…
SENESCO Signs $6.5 Million Barge Building Contract
Southeastern New England Shipbuilding Corporation (SENESCO), North Kingstown, R.I., has penned a contract with Barges Unlimited of Fall River, Mass. to construct an 80,000-barrel, 320-ft.
GGS Lands 2D Double Play Offshore Oman and UAE
GGS ASA has been awarded two 2D contracts offshore Oman and the UAE. The contracts are subject to technical & HSE audit. GGS will use the vessel Odin Explorer for the job.
Adsteam Posts $1 Million Drop in Profits
Australia's biggest marine towage group Adsteam Marine Ltd posted a net profit on Wednesday of $8.6 million for 2000/01, down from $9.6 million a year ago, but said…
South Korean Yards Expected To Nab 75 Percent of LNG Orders
South Korean shipyards are expected to win about 75 percent of an estimated 48 orders for liquefied natural gas (LNG) carriers this year, industry officials said on Wednesday.
Oil Slick Recovery in Baltic Progresses Slowly
Rescue boats were making slow progress in scooping up an oil slick in the southern Baltic Sea that was drifting towards Germany on Wednesday because the oil was thicker than expected…
VLCC Owners Rise From the Ashes in Wake of Supertanker Alliance
Wednesday fixture lists showed that VLCC owners had rallied in the wake of supertanker alliance Tankers International, following its example by pinning down deals…
Fred Olsen Energy Lands $30 Million FPSO Contract
Fred Olsen Energy has signed a contract for the Floating Production Storage Offloading (FPSO) vessel Petróleo Nautipa, which is owned and operated by a joint venture between Fred.
IHC Caland Wins $250 Million Contract to Build in Deepwater
Dutch shipbuilding and engineering group IHC Caland NV said on Wednesday it received two new contracts worth a total of $250-300 million. IHC said it had received a letter of intent from the U.S.
Moody's assigns ratings to MISC
Moody's Investors Service has assigned Baa2 foreign currency and local currency issuer ratings to Malaysia International Shipping Corporation Berhad (MISC). The outlook for the ratings is stable.
Two Die As Typhoon Pabuk Packs A Powerful Punch in Japan
Powerful Typhoon Pabuk, packing winds of up to 79 mph, ploughed into Japan on Tuesday, killing two people, snarling air, sea and rail traffic and forcing Universal Studios to close its theme park.
VLCC Rates Bounce Back With A Vengeance
Rates for eastbound VLCC cargoes of crude oil made a sudden comeback on Tuesday, with the Tankers International alliance booking out three of its ships at more than…
Kvaerner To Report 61 Percent Loss of 2Q Profits
Anglo-Norwegian engineering group Kvaerner is expected to report a 61 percent drop in second-quarter pre-tax profits due to weak market conditions in the U.S., a Reuters survey showed on Tuesday.
Panamax Freight Rates Continue to Soften
Freight rates for forward positions in the panamax sector continue to remain soft despite higher levels attracted by the prompt and spot markets, shipbrokers said on Tuesday.
