Houston Ship Channel Reopened
The U.S. Coast Guard reopened the Houston Ship Channel on a limited basis Monday, after the primary transport route in and out of the city's large oil refining…
Iorizzo Named President of Northrop Grumman Group
Northrop Grumman Corp. named Robert Iorizzo as president of the Electronic Sensors and Systems Sector group, the company's largest business. Iorizzo replaces James Roche, who was confirmed by the U.S.
Hornbeck-Leevac Expands Tug and Barge Fleet in Northeast U.S.
Hornbeck-Leevac Marine Services has acquired the Spentonbush/Red Star Group marine transportation fleet for $28 million, and has entered into a strategic alliance with Amerada Hess Corp.
Suez Canal Receipts Down $159M
Egypt's Suez Canal receipts fell to $159 million in April from $162.2 million in March and $162.1 million in April last year, the Cabinet Information and Decision Support Center (IDSC) said.
Hyundai Merchant Stock Rises
The stock price of Hyundai Merchant Marine, which runs a ferry tour to North Korea's Mt. Kumkang resort, was up 4.9 percent at 3,225 on Monday in active volume of 3.3 million shares.
Hong Kong Cargo Flow Up 8%
Hong Kong's total port cargo throughput rose by eight percent year-on-year during the first quarter of 2001 to 43.1 million tons. Of the total, inward port cargo…
Kelvin Hughes Offers Nucleus 3 Radar Series
Kelvin Hughes Ltd., a leader in the development of marine electronics, recently introduced its Nucleus 3 Series Radar systems. The Nucleus 3 Series, which was developed from the Nucleus 2 Series…
Friede Goldman Halter Lands Multi-Million Dollar OSV Contract
Halter Marine, Inc., the vessel segment of Friede Goldman Halter, Inc. has signed a contract for the new construction of a 230-ft. (70.1 m) offshore supply vessel for Kim Susan, Inc.
Trico Marine to Acquire Two Large North Sea Platform Supply Vessels
Trico Marine Services, Inc. has signed a definitive agreement to acquire two 279-ft. (85 m) platform supply vessels for a cost of approximately $4.4 million. The two state-of-the-art…
Trimaran RV Triton visits Washington Navy Yard
A technology partnership between the United States and United Kingdom brought the trimaran research vessel RV Triton to the Washington Navy Yard for a week beginning June 3. Measuring 295 ft.
Hornbeck Offshore Delivers HOS Innovator
Hornbeck Offshore Services Inc. of Mandeville La. delivered its first Classed DP II PSV, HOS Innovator, for service. Leevac Industries of Jennings, La. constructed the vessel to Hornbeck's design.
IBIA Maps Meeting Agenda
The International Bunker Industry Association (IBIA) has set out its agenda for the coming years at its annual conference, held this year from 5-8 June in Athens…
ProSurf 3: Upgraded Hull Design And Fairing Program
New Wave Systems, Inc. version of its hull design and fairing program. After 15 years of development, ProSurf 3 has evolved into a general-purpose trimmed NURB surface modeling program.
Mississippi River Traffic Stalled
Mississippi River barge traffic near Burlington, Iowa, remained backed up on Thursday after lock 18 in Gulfport, Illinois, reopened Wednesday afternoon after a day-long shutdown, river officials said.
Damaged Bulker Unloads
The damaged Malta-flag bulker Olympus has been towed to an anchorage near Porto Alegre off Brazil where a salvage firm will discharge cargo and bunkers starting on Friday, Reuters reported.
U.S., International Rig Counts are on the Rise
Baker Hughes Incorporated announced today that the international rig count for May 2001 was 752, up 10 from the 742 counted in April 2001 and up 125 from the 627 counted in May 2000.
Torch Offshore's IPO Checks in at $16
Torch Offshore Inc., an undersea construction firm, priced its initial public offering at $16, the top end of its expected price range, underwriter UBS Warburg said on Thursday.
High Traffic Forces USCG to Shut Section of Missouri River
The U.S. Coast Guard said on Thursday it was closing a 147 mile-long section of the Missouri River to marine traffic due to high water levels after recent heavy rains.
See You in September - Royal Olympic Cancels Newest Vessel's Summertime Cruises
Due to the delay in delivery of Olympic Explorer from Blohm + Voss shipyard in Hamburg, Royal Olympic Cruise Lines has been forced to cancel the cruises of its new vessel until September 15, 2001.
A.P. Moeller Dips On News
A.P. Moeller fell around four percent on Thursday as news of a production halt and talk of higher tax continued to scare away investors, brokers said. Furthermore…
