Fitch Comments On Carnival Corporation
Fitch Ratings has maintained the Rating Watch Negative status on Carnival Corporation's 'A' senior note rating and 'F1' commercial paper rating due to the uncertainty…
Stelmar Shipping Announces Time Charter Contract
Stelmar Shipping Ltd. announced it has secured the Vessel Jamar, a double hull product carrier, on a one-year time charter contract for $12,500 per day. Peter Goodfellow…
Bath Iron Works Files GAO Protest
Bath Iron Works, a unit of General Dynamics, has filed a protest with the General Accounting Office (GAO) challenging the fairness of the Navy’s DD(X) evaluation process.
Shell Deepwater Services Implements HDI
Shell Deepwater Services, a division of Shell International Exploration and Production Inc., has contracted with NHDS for the delivery of an HDI-based knowledge…
KMSS To Upgrade System on M/V Marco Polo
Kongsberg Maritime Ship Systems (KMSS) has been awarded the contract to upgrade the fire detection system on the M/V Marco Polo. Star Cruises. The contract includes 1500 Detectors…
Focus on Safety Pays Off for SCA Member Shipyards
Injury and illness rates at shipyards that belong to the Shipbuilders Council of America (SCA) have declined over the past three years helping facilities to drastically their overhead costs.
Tidewater Signs Construction Contract
Tidewater Inc. announced today that it has entered into a $45 million construction contract with Bollinger Shipyards Lockport LLC for the construction of four (4) offshore supply vessels.
Conrad Reports First Quarter 2002 Results
Conrad Industries, Inc. compared to net income of $951,000 and earnings per diluted share of $0.13 for the three months ended March 31, 2001. Revenues for the three months ended March 31…
Fortum Newbuildings Will Get Wärtsilä Engines
Wärtsilä Corporation has received a contract to supply the complete power systems for two 14,000 tdw product/chemical tankers under construction for the Finnish energy group Fortum.
OMI Corporation Announces First Quarter Results
OMI Corporation a major international tanker owner and operator today announced its financial results for the first quarter ended March 31, 2002. Craig H. Stevenson…
Bergesen Releases First Quarter Results
The Bergesen group generated first-quarter operating profit of $25.6 million, substantially down on the $104.3 million recorded last year. These figures include…
El Paso Announces Development of a Shipboard LNG Regasification System
El Paso Global LNG, a subsidiary of El Paso Corporation announced the development of EP Energy Bridge(TM), a new ship-based liquefied natural gas (LNG) regasification system.
Sperry Marine Offers Web-Based Interactive Tool
Web-based interactive tool to help ship owners and shipyards quickly determine the voyage data recorder (VDR) carriage requirements for new and existing ships. International…
Vessel Hits Offshore Platform
Dynegy Storage confirmed that an incident occurred at its Rough offshore facility at 9:30am today. The platform is located 24 miles from the mouth of the RiverHumber…
Packing Solutions Help Bear Set Sail
In August 2001, the Delamar Company received a call from the Engineering Officer aboard the 270-ft. (82.2-m) USCG Cutter Bear. He described an oil leakage problem…
HHI: To Infinity & Beyond
Thirty years ago when Greek shipowner George Livanos met with Hyundai Heavy Industries (HHI) founder Chung Ju Yung met on a sandy beach on the tip of the Korean…
Targeting Greek Shipping's $16B Budget
Around the world, people involved with shipping are booking flights to Greece and preparing to do business at the Posidonia 2002 International Shipping Exhibition…
Victoria Shipyard Racks Up Cruise Ship Jobs
First making headlines this past summer, when the Vancouver-based yard performed the emergency pod repair on Celebrity's Infinity, Victoria Shipyards has booked…
Jeamar’s Winches Are Made To Order
Jeamar Winches, known for heavy-duty hand and power winches, has made a major push into the custom arena with built-to-order products. Besides its major focus on…
Good Fuel = Good Profits
More than ever, emphasis on fuel quality — what goes in and what comes out — is a top agenda item of lawmakers and vessel owners alike. With ever tightening pressure…
