MEPC Focuses on Environmental Issues
As environmental issues took center stage at IMO during the 48th session of the Marine Environment Protection Committee (MEPC) last week (October 7 to 11), delegates…
Coast Guard Conducts Waterways Study
The Coast Guard is conducting a Waterways Analysis and Management System (WAMS) study of the waterways surrounding the San Juan Islands. This study specifically…
GD Reports 3Q Results
General Dynamics reported 2002 third quarter net earnings of $268 million, or $1.32 per share on a fully diluted basis, on sales of $3.3 billion. Before the impact of FAS 142…
Administration Calls for Prompt Creation of Department of Homeland Security
Department of Homeland Security.
Barge Removed from Beach
The barge Kivalina was safely removed from a beach near Red Dog port late last night and is now being towed to a buoy offshore where divers will inspect it for damage.
California OSRO Rating Program
The California Office of Spill Prevention and Response (OSPR) issued its final rule on Oil Spill Response Organization (OSRO) Rating. required to identify and ensure…
TAI PING Refloat Soon
The New Zealand Maritime Safety Authority (MSA) issued a press release stating that the first attempt to refloat the TAI PING is scheduled for October 17. Cargo…
Washburn & Doughty and BTT Team Up to Build Tugs for LNG Application
Washburn & Doughty Associates, Inc. of East Boothbay, Maine is currently building two 4400 HP Z Drive (ASD) Tugs for Boston Towing & Transportation Company (BTT) of Boston, Massachusetts.
Lloyd’s Register and Teekay Enter New Agreement
Lloyd’s Register has entered into an agreement with Teekay Shipping Corporation to class 11 of its Aframax tankers. In addition, Teekay has chosen Lloyd’s Register…
Aker Finnyards to Build Another 2500 Pax Cruise Ferry
Aker Finnyards and the Estonian Tallink Group have signed a contract worth $147 million for the building of a new cruise ferry for delivery in spring of 2004. The…
KMSS Receives New Contracts
Kongsberg Maritime Ship Systems (KMSS) has announced a buoyant period for its training and simulation division. They have recently received contracts from the Canadian Coast Guard College…
GlobalSantaFe's Worldwide Semisubmersible SCORE Reaches 18-Month Low
Worldwide oil and gas drilling contractor GlobalSantaFe Corporation has reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics…
Costa Crociere Receives Yacht Design Award
Pier Luigi Foschi, the Chairman and Chief Executive Officer of Costa Crociere Spa, was on hand at the Yacht Club Italiano in Genoa to collect the prize awarded to…
Deep Ocean Engineering Receives NASA SBIR Phase II Award
NASA recently selected Deep Ocean Engineering, Inc. (DOE) in San Leandro, Ca., as the recipient of a Phase II contract in its Small Business Innovation Research (SBIR) Program.
LIMBURG Subject of Terrorist Attack
In Remarks released by the White House, President Bush stated that he believes the attack on the LIMBURG is terrorist-related and that he assumes that al Qaeda was involved.
Disappearance of Israeli Sub Dakar Solved
The loss of the Israeli submarine DAKAR on its maiden voyage in 1968, and the discovery by Nauticos Corporation thirty years later, is the subject of a National…
Trinity Files Form 8-K Update to Barge Litigation
In an update to previously disclosed litigation in their inland barge business group, Trinity filed a Form 8-K noting that another lawsuit had been filed involving…
FPSO Farwah Launched at Fene Yard
operated in offshore block C137, 100 km offshore Libya, was launched at IZAR’s Fene yard, according to schedule, on October 7. Partners in the development of the offshore block C137…
RR Offshore and Deltamarin Establish Joint Project Management Company
The Finnish contracting company RR Offshore Ltd. and Deltamarin Ltd. have established a joint enterprise to respond to the increasing needs for professional management…
Hornbeck Offshore Reports 2Q Results
Hornbeck Offshore Services, Inc. announced that revenues for the quarter ended June 30, 2002 increased 39.2 percent to $21.3 million compared to $15.3 million for the same quarter in 2001.