Fleet Privatizations Expected Soon For Lithuanian Companies
Following are financial details of a planned fleet privatization in Lithuania. JSC Klaipeda Transport Fleet (KTF) is one of the largest Lithuanian shipping companies…
Husky Energy Awards $250 M Contract For White Rose
Husky Energy Inc. has awarded a $250 million contract for the subsea production system for the White Rose oil field project, located 217 miles off the east coast of Newfoundland and Labrador.
TechnoFibre Moves into New Building
TechnoFibre of Singapore has moved into a new building on its existing location in Jurong, Singapore. Its new boat yard boasts a 10,000 sq. ft. covered workshop and a storage yard of 20,000 sq. ft.
HSA Focuses on Homeland Security
The Homeland Security Industries Association (HSIA), kicked off its formation today by presenting seven position statements that recommend how government and industry…
MODEC and SEA Systems Shake Hands
Shashank Karve, President and CEO of MODEC International LLC and Doug Kinloch, President of SEA Systems Ltd., a member of the AMI Group of Companies, announced the…
Coast Guard Rescues Distressed Boaters
Coast Guard crews from Texas and Florida rescued three people from their sinking fishing boat Tuesday 30 miles southwest of Marsh Island, La. Eighth District Command Center about 5:30 a.m. Tuesday.
MacGREGOR Group Appoints New President and CEO
Hans Pettersson has been appointed president and CEO of the MacGREGOR group. He took up his position on August 27, 2002 and will be based in the company’s Stockholm headquarters.
Raymarine Announces New Team
Raymarine has announced a new global marketing communications team that will provide full worldwide PR coverage and PR support for Raymarine's international network of distributors.
Liberia First Major Flag State to Ratify Treaty
LISCR, First in Safety & Security, today applauded Liberia for taking the lead and ratifying MARPOL Annex VI, an international convention to prevent air pollution from ships.
Transas Installs First Engine Room Simulator
In August 2002, Transas successfully commissioned its Engine Room Simulator at the Colombo International Nautical and Engineering College in Colombo, Sri Lanka.
Cummins Power for Graham Gulf
It takes about ten and a half months to complete a 155-ft. supply boat at C&G Boatworks in Bayou LaBatre. So the boat that Janson Graham of Graham Gulf, had started this past July…