Two Ships Break Down Off Australia
Two ships have broken down in Australian waters on Wednesday, with the larger of the two being buffeted by treacherous conditions in Bass Strait. The 44,000 deadweight…
Sri Lanka Declared War Risk Zone, Shipowners to Pay
Sri Lanka said Lloyds of London has declared the country as a war-risk zone which could result in hefty surcharges for ships entering the country's main port and hurt the trade-dependent economy.
HDW Emerges as Successful Bidder for Shipyard
Hellenic Industrial Bank (ETBA) was outperforming the Athens bourse on expectations it will soon sell its majority stake in Skaramanga shipyards, analysts said.
Shipping on Danube Slated For Spring 2002
Regular shipping on the river Danube will not resume before the spring of 2002, following the removal of NATO bombing debris from the river in Serbia, the head of the Danube Commission…
Janet M. McAllister Welcomed To NY
It’s ironic that New York City’s most powerful tugboat is named after two year old Janet M. McAllister, who, dressed smartly in a sailor suit, christened her namesake…
BP To Explore Angola's Ultra-Deep Waters This Fall
Oil major BP intends to be the first to drill in Angola's ultra-deep waters this October, a senior company official said. "We plan to drill in block 31 towards the end of October…
Petrotin Moves Ahead With Offshore Exploration Joint Venture
Venezuela has given the state-owned Petroleum Company of Trinidad and Tobago, also known as Petrotrin, approval to enter a joint venture to explore an offshore oil…
Enterprise Containership Detained; Repayment of $175 Million Bond Forced
Bondholders who financed the shipping company Enterprises Shipholding, said on Tuesday they had arrested one of the company's newest containerships, the Ocelotmax…
Sunken Ship Still Leaking Oil in Saudi Coast
A ship that sank in the Gulf this week while apparently smuggling Iraqi crude oil is still leaking and an Iranian team has been sent to clean up the spill, a regional…
Chiles Offshore Signs a Three-Year Contract With BP
Chiles Offshore has executed a three-year contract with BP Trinidad and Tobago LLC for the use of the ultra-premium jackup drilling rig the Chiles Coronado, formerly known as Tonala.
Clean Tanker Market Stagnant
Conflicting forecasts were circulating in the Asian clean tanker market during the ninth week of stagnant trading, brokers said. "Next week there's plenty of ships but there's nothing prompt…
Low Emission Ships Aid Statoil
Statoil said savings in acid-rain-causing nitrogen oxide (NOx) from two new low-emitting ships would allow it to meet its NOx emissions reduction targets from one new power station.
Cammell Laird Cuts 42 Jobs
The cuts at the company's Birkenhead plant in northern England, will leave 150 workers at the yard. Cammell plans to mothball all three of its British yards. At…
Shipyard Fire Kills Four
Hyundai Mipo Dockyard, one of South Korea's smaller shipbuilders, said police were investigating a fire that killed four workers on a ship being built in Ulsan, southeast of Seoul.
Judge Cuts Alaskan Cruises
A federal judge has ordered the National Park Service to reduce cruise-ship sailings immediately in Glacier Bay National Park, one of Alaska's top tourist destinations.
Vessel Sinking Sullies Prince William Sound
A fishing ship that sank last week and is leaking diesel fuel has caused the biggest spill in Alaska's Prince William Sound since the 1989 Exxon Valdez disaster…
M/V Sheila McDevitt Begins Service
The newest vessel in TECO Transport's Gulfcoast Transit fleet is now in service. The M/V Sheila McDevitt - named in honor of TECO Energy's senior vice president…
Baker Hughes Rig Count Down 2% From June 2001
Baker Hughes Inc. announced on August 7 that the international rig count for July 2001 was 748, down 12 from the 760 counted in June 2001 and up 86 from the 662 counted in July 2000.
Port of Rotterdam Throughput is Up
In the first six months of 2001, throughput in the port of Rotterdam increased to 161.8 million tons, 2.3% more than in the first half of 2000. The transshipment of coal (+26%)…
European Vision Leaves Vacationers Stranded in Genoa
Vacationers who booked a cruise on the luxury liner used by world leaders during last month's G8 summit were disappointed when the ship broke down at the weekend.
