Bollinger Delivers Bordelon Boat
Bollinger Shipyards, Inc., Lockport, La., has delivered the 145-ft. supply/utility boat WES BORDELON to Bordelon Marine, Inc. It is the first of three nearly identical…
Amclyde Wins Contracts
FGH Engineered Products Group, the equipment segment of Friede Goldman Halter, Inc., announced that its AmClyde unit has signed new contracts in excess of $13.5 million with customers in Freeport…
Washburn & Doughty Win Contract
Washburn & Doughty Associates, Inc. of East Boothbay, Maine signed a contract to design and build a 72 x 20 x 10.5 ft/ Offshore Motor Vessel (Hull 76) for Hempstead Navigation Service LLC.
Senate Supports Reduced Drilling Off Florida's Gulf Coast
The Senate on Thursday backed a White House compromise that drastically reduced proposed oil and natural gas drilling off Florida's Gulf Coast, rejecting a bid by…
Offshore Stocks Take A Tumble
Drilling and oilfield service stocks fell sharply on Thursday after offshore driller Rowan Cos. Inc. said the business outlook for the third quarter of this year was uncertain.
Despite Crunch on Funds, U.S. Navy Sticks To Building Plan
The top U.S. Navy officer said Thursday he would recommend the service stick to its plan to build a multi-billion-dollar class of new destroyers despite a crunch on funds for new warships.
Celebrity Cruises Receives Lloyd's Register Certification For Quality Systems
Celebrity Cruises became the first cruise line to receive the International Standards Organization (ISO) 9002 certificate from Lloyd's Register for the cruise line's…
Alstom Posts 19 Percent Gain In Sales
French turbines to trains group Alstom posted a 19 percent rise in sales to 6.05 billion euros in its first quarter to June, boosted by the full consolidation of…
GN Store Nord Sells Off Last of Maritime Communications Unit
Danish diversified technology firm GN Store Nord said on Friday it had sold the remainder of its GN Comtext maritime sector communications unit to U.S.-based EasyLink Corp. for an undisclosed sum.
North Sea Tanker Market Leads Boom
Tanker markets around the world soared this week, led by the North Sea market where rates swelled by nearly a third as supply dried up for end-month loading dates.
ADSB Signs Strategic Agreement With Halmatic
Abu Dhabi Ship Building (ADSB) has formed a strategic agreement with Halmatic Ltd., U.K. According to ADSB's managing director, Lawrence Holliday, the agreement…
Alfa-Laval Establishes Presence Onboard World's Largest Liner
Swedish engineering company Alfa-Laval, which is known for its heat transfer and fluid handling will ensure that Cunard's Queen Mary 2 will be self-sufficient of…
House Committee Approves $30 Million For Title XI Guarantees
The House Committee on Appropriations approved a bill that would provide $30 million for Title XI loan guarantees in Fiscal Year 2002, the highest level of Title…
Hutchison To Hold 45 Percent Stake in Container Port Project
Hutchison Whampoa Ltd. would directly hold about 45 percent, not 65 percent, of the phase three of the Yantian container port project in the southern Chinese city of Shenzhen…
Turkish Boat In Distress Off Greek Islands
A Turkish boat with 68 people on board has issued a distress signal south of the Greek island of Rhodes, the Greek Merchant Marine Ministry said on Thursday. "It…
Orders at South Korean Yards Down 36.9 Percent
South Korean shipyards won shipbuilding orders of 4.2 million compensated gross tons (CGTs) during the first half of this year, down 36.9 percent from a year ago…
Cammell Laird Axes 187 More Jobs
Struggling shipbuilder Cammell Laird Plc, which is in receivership, has announced a further 187 jobs cuts in Britain on top of over 600 previously announced redundancies.
Grand Bahama Shipyard Floating Dock Departs Cascade General
Grand Bahama Shipyard's Floating Dock No. two, known as the form Portland Floating Dock No. four, left the Cascade General Portland Shipyard in Oregon on Friday…
BAE and Vosper Thornycroft To Divvy Up 45-Ship Order
The British government said on Tuesday it would split a new order for Type 45 destroyers for the Royal Navy between BAE Systems and Vosper Thornycroft. But BAE,…
NKK, Kawasaki Tap Top Investment Banks To Negotiate Merger
In order to help negotiate its pending merger with Kawasaki Steel Corp., NKK Corp., has called upon Goldman Sachs Group Inc., while Kawasaki has reportedly hired…
