Samsung Wins LNG Ship Orders
Britain's BG Group Plc agreed to buy two new liquefied natural gas (LNG) ships from South Korea's Samsung Heavy Industries Co. Ltd. with an option for six more ships.
Schenker: Focus on Ocean Forwarding
Schenker. Inc., an integrated logistics provider is in the process of restructuring its Hanover, Md., office to better service its ocean customers. Schenker offers…
Arctic P Chase Boats Convert to Waterjets
Two 12-m chase boats aboard the Australian-based mega yacht Arctic P has been successfully converted from stern drives to waterjet propulsion. Hamilton Jet, local jet distributor Wiltrading Pty Ltd.
IZAR Tapped To Build Chem Tanker
The reinvention of the Spanish shipbuilding industry under the moniker IZAR as of earlier this year is apparently an immediate success, as news emanating from the…
P&O Port Business Is Strong
Peninsular & Oriental Steam Navigation Company Plc (P&O) said its ports business remained robust during the second quarter despite slower growth in world trade.
Japan Ship Exports Up 69%
Ship export contracts concluded by Japanese shipyards in June rose 68.8 percent from a year earlier to about 1.36 million grt, or 27 vessels, the Japan Ship Exporters Association said.
GD Reports Good Quarter
General Dynamics Corp., maker of nuclear submarines, tanks and destroyers, reported an 11 percent increase in second-quarter profits, meeting Wall Street targets…
Debris Cleared From Sunken Sub
The task of clearing debris from the wreck of the Russian nuclear submarine Kursk will be completed today, the Russian Navy said. The Kursk sank in the Barents Sea…
Loose Cable Contributed To Crane Collapse
The collapse of a giant, brand new gantry crane which killed 36 people in a Shanghai shipyard may have been caused by loose steel ropes, state media and an engineer at the crane's designer said.
Bender Awarded Containership Contract
Bender Shipbuilding and Repair Co., Inc., of Mobile, Alabama, has become the first U.S. shipyard to win a container ship contract in 10 years. The contract calls…
U.S. Navy To Pay Cheney's Utility Bill?
The White House is asking the U.S. Navy to pay the six-figure utility bill for Vice President Dick Cheney's house, as Democrats accused Cheney, the administration's point man on energy policy…
Bodies Found In Barge Mishap
Rescue workers discovered the body on Tuesday of the fourth of six Kentucky fisherman believed killed when their small boat was obliterated in a fog-shrouded, predawn collision with a barge tow. U.S.
Dock Starts 170-Day Journey
On July 2 the ex-Portland Dock # 4, now the Grand Bahama Shipyard Dock # 2, departed Portland,Ore., bound for it's new home at the Grand Bahama Shipyard Ltd. in Freeport, Grand Bahama.
Russians Take Journalist To Kursk Site
Nearly a year after the Kursk submarine sank in the Barents Sea with the loss of all on board, Russia packed 99 journalists onto a ship and took them to the site of the catastrophe.
Newport News Announces Good 2Q Results
Newport News Shipbuilding Inc. reported a 16 percent increase in second-quarter operating profits on strength in its construction segment. The company, which is…
Three Vie To Buy Shipyard
Greece received three bids for the sale of a majority stake in Hellenic (Skaramanga) Shipyards, one of 10 privatizations the development ministry has planned for 2001.
Panamax Rates Leap
Limited availability of spot Panamax tonnage in the Pacific is driving freight rates higher and partially offsetting heavy losses seen on Atlantic routes, shipbrokers said.
Shipyard Accident Kills 22
At least 22 people were crushed to death when a huge, brand-new crane toppled over in a Shanghai shipyard, the latest in a string of deadly accidents that highlight China's woeful safety standards.
Chiles Offshore Announces 2Q Results
For the quarter ended June 30, 2001, Chiles Offshore Inc. reported net income of $5.0 million or $0.28 per basic share compared to net income of $3.3 million, or $0.42 per basic share…
Study Culminates In New Tug Contracts
Following a detailed six-month study assessing its contract towing requirements, Trailer Bridge, Inc. signed separate long-term agreements that match the best marine…
