U.S. to Adopt Delay in STCW 95 Enforcement
The U.S. Coast Guard announced that it has adopted the recommendation of the IMO STW Subcommittee to delay enforcement of STCW 95 vis-à-vis foreign vessels until August 1, 2002.
Tidewater Reports 3Q Results
Tidewater Inc., announced third quarter net earnings for the period ended December 31, 2001, of $34 million on revenues of $ 182 million. For the same quarter last year…
Teekay Signs E-Procurement Contract With SeaSupplier
SeaSupplier Ltd., the marine e-procurement subsidiary of Stolt-Nielsen S.A. announced it has signed a multi year e-procurement contract with Bahamas-based Teekay…
Stolt Offshore 4Q and Full Year Results
Stolt Offshore S.A. reported results for the fourth quarter and the year ended November 30, 2001. The net loss for the latest quarter was $2.0 million, or $0.02 per share…
Northrop Reports 4Q Results
Northrop Grumman Corporation reported 2001 fourth quarter economic earnings of $158 million, compared with $106 million for the same period of 2000. On a per share basis…
Aker Maritime Wins Petrobras Contract
Brazilian state oil company Petrobras has awarded Aker Maritime a contract for preliminary engineering for one deepwater platform, with an option for engineering of one additional platform.
Wärtsilä Acquires John Crane-Lips
John Crane-Lips will become part of Wärtsilä following the signing of the sale and purchase agreement between Wärtsilä and John Crane-Lips´ UK-based parent Smiths Group.
Second Innings For SA
The Salvage Association is staging a comeback. Having been acquired by British Maritime Technologies in March last year, the SA has now been revamped and relaunched.
Royal Caribbean Reports 2001 Results
Royal Caribbean Cruises Ltd. announced earnings for the year of $254.5 million, or $1.32 per share, compared with $445.4 million, or $2.31 per share in 2000. ships out of service…
Technip-Coflexip Awarded Contract
Technip-Coflexip has recently been awarded a contract by Brunei Shell Petroleum Co. (BSP) for its Egret Phase 1 Gas Development Project, offshore Brunei. This contract is the first one with BSP.
Knight & Carver Launches Loco Buzzard III
Knight & Carver YachtCenter has announced the launching of its latest luxury yacht, Loco Buzzard III, a custom-designed, custom-crafted 65 ft. cruising catamaran yachtfisher.
MarineProvider Takes Equity in OceanConnect
OceanConnect announced that it has attracted MarineProvider ASA as another new equity partner. The news comes shortly after announcements that Chemoil Corporation…
Maritel Appoints Smith as President and CEO
MariTEL, Inc. today announced that Dan Smith has been named President and Chief Executive Officer effective February 1, 2002. Smith joins MariTEL from BellSouth…
Royal Caribbean Responds to Referral Decision
Royal Caribbean Cruises Ltd., was notified of the decision by the Secretary of State for Trade and Industry to refer its proposed merger with P&O Princess to the…
USCG Will Enforce Security Zone For Super Bowl
The U.S. Coast Guard is establishing a security zone on the Mississippi River in New Orleans for Super Bowl Weekend (February 1-3, 2002). The security zone will extend from mile 92.6 to mile 98.2.
Rolls-Royce Wins $28.2M Contract
Rolls-Royce has won a contract worth approximately $28.2 million to provide propeller shaftlines and other equipment for the first six Royal Navy Type 45 destroyers.
USCG Launches Another Cutter
Charleston’s newest Coast Guard Cutter, Oak, a 225-ft Juniper Class seagoing buoy tender was launched Saturday in Marinette, Wis. Although the launching ceremony is a milestone in the birth of Oak…
USCG, Port Officials Improve Planning For Future Military Outloads
The Port of Jacksonville is one of the busiest ports in the country for the staging and mobilization of military equipment and supplies during times of national crisis.
MCA and DTI Will Conduct Exercise Discovery in Scotland
Exercise Discovery, will be held in Aberdeen, Scotland on January 29, 2002. The exercise is intended to test the interaction between those who might be involved in a real incident…
FMC Penalties and Subsequent Violations
is without authority to consider subsequent violations by the respondent. require', but this does not make subsequent violations relevant to a civil penalty assessment. World Line Shipping, Inc.
