ABS Prepares For Anticipated LNG Growth
With the global LNG (liquefied natural gas) market forecast to double in size over the next decade, industry is readying to provide ample liquefaction capacity to meet demand.
Insurance Issues Facing Tanker Industry
The session, entitled Marine Insurance – the impact of September 11, was chaired by Luke Readman from the UK P&I Club. The team of speakers comprised John Fawcett-Ellis…
INTERTANKO Discusses Developments
INTERTANKO’s work in the IMO and its regional representational programs in Asia, the EU and in the US were reviewed in a session chaired by INTERTANKO’s Deputy Managing Director, Svein Ringbakken.
NAVSEA Garners Awards
Naval Sea Systems Command (NAVSEA) emerged as a major force in environmental stewardship judging by its impressive showing during a recent series of environmental awards.
DDGs Successfully Conduct CEC Testing
Two Arleigh Burke-class destroyers, undergoing their final stages of construction, successfully conducted the first-ever DDG 51 class Cooperative Engagement Capability…
DoD Certifies LPD-17 Program
The LPD-17 Amphibious Transport Dock Ship program is one of six acquisition projects the Defense Department recently certified to Congress under the Nunn-McCurdy Law.
NSWC Names New NAVSSES Executive Director
Naval Surface Warfare Center (NSWC) Commander Rear Adm. Mike Mathis and Technical Director Mary Lacey announced the selection and pending appointment to the senior…
Port Leaders To Focus on Trade and Security at Convention
Port authority leaders from across the Western Hemisphere will gather from September 22 - 26, 2002, at the Breakers Hotel in Palm Beach, Florida, to address issues such as trade trends…
Shipping Company and Chief Engineer Plead Guilty
Ionia Management, S.A. ("Ionia"), a Greek shipping company with offices in Piraeus, Greece, and Christos Kostakis, chief engineer aboard the M/T (Motor Tanker) Alkyon…
USCG Issues NPRM to Revise VRP
The U.S. Coast Guard issued a Notice of Proposed Rulemaking (NPRM) that would, if implemented, revise vessel response plan (VRP) salvage and marine firefighting…
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…