Coast Guard Towing INSIKO To Oahu
The derelict freighter Insiko will be towed to Oahu in order to remove the fuel and deceased crewmember. The commanding officer, Coast Guard Marine Safety Office Honolulu…
Stelmar Shipping Gets Contract For Panamax Tankers
Stelmar Shipping Ltd. announced it has signed a new contract with Daewoo Shipbuilding and Marine Engineering Company Ltd. of South Korea to purchase a series of five Panamax newbuildings.
Trico Marine Reports First Quarter 2002 Results
Trico Marine Services, Inc. has reported a net loss for the quarter ended March 31, 2002, of $4.8 million, or $(0.13) per share (diluted), on revenues of $32.1 million…
Alternative Hull Examination for Certain Vessels
The U.S. Coast Guard has issued an interim rule establishing an alternative hull examination program for certain passenger vessels. Nautical school, offshore supply…
NASSCO Launches the USNS Soderman
National Steel and Shipbuilding Company (NASSCO), a wholly owned subsidiary of General Dynamics, has joined with the U.S. Navy and the U.S. Army to launch the USNS Soderman (T-AKR 317)…
Daewoo Gets $155M Order For Tankers
Daewoo Shipbuilding and Marine Engineering Co., Ltd. has won a $155 million order to build five oil tankers for Stelmar Shipping. Daewoo Shipbuilding will construct five crude oil tankers…
Nabors Completes Enserco Acquisition
Nabors Industries, Inc. last week completed the previously announced acquisition of Enserco Energy Service Company Inc., a Tonronto listed company. Gene Isenberg…
FGH Sells Amclyde Division
Friede Goldman Halter, Inc. on April 25 closed the previously announced sale of the company's AmClyde Division located in St. Paul, Minnesota, for approximately $36 million (USD) to Hydralift ASA…
NSRP Shipbuilding Project a Success
The National Shipbuilding Research Program (NSRP) has successfully demonstrated a prototype computer architecture for enterprise-wide interoperability that facilitates…
Navy to Christen RoRo at NASSCO
The Department of the Navy will christen USNS Soderman (T-AKR 317), its newest RoRo cargo ship, to honor a U.S. Army Medal of Honor recipient on April 26, 2002 during a 8:40 p.m.
AES wins Navy Contract
Atlantec Enterprise Solutions has received an SBIR award from the U.S. Office of Naval Research for its proposal entitled "Connector Architecture for CAD and CAM…
Stelmar Shipping Receives DH Tanker
Stelmar Shipping Ltd. has taken delivery of the Rubymar, a new 69,697 dwt Panamax tanker from the Daewoo Shipbuilding and Marine Engineering Company Ltd. of South Korea.
European Shipbuilders want Decision on Korea Now
In a long running battle to level the theoretical playing field, European shipbuilders want the European Commission to stop delaying its response to what they see…
Royal Olympic Takes Delivery of Olympia Explorer
Blohm+Voss GMBH delivered of the new fast cruise ship, Olympia Explorer, to Royal Olympic Cruise Lines Inc. The vessel immediately sailed from the Blohm+Voss shipyard to the Port of Piraeus in Greece.
ECO Nears 60th Deepwater Boat
Edison Chouest Offshore (ECO) is nearing completion of its 60th vessel for deepwater operations. This number includes platform supply vessels (PSV) and anchor handling vessels (AHTS).
Blount-Barker Delivers Tug
The 85-ft. tug, Sea Bull built by Blount-Barker Shipbuilding was delivered to its port of Bayonne, NJ, on April 21, 2002. The vessel will be used for marine towing in the greater New York area.
SFA Wins Govt. Vessel Contract
Communications, Computers and Intelligence systems on board U.S. Government vessels and shore facilities. in Virginia Beach, Va. (70 percent); Norfolk, Va. San Diego, (10 percent); and Largo, Md.
Enviro Fugitive Caught
Sherman Smith, owner of Seawall Construction, a Seattle area marine construction company, was surrendered to the U.S. Marshall's Service in Tucson, Ariz., on April 1 by the Mexican Government.
Carnival to Pay $18M for Oil Pollution
Carnival Corp. of Miami, Fla., which operates 40 cruise ships including those of the Carnival Cruise Lines, pleaded guilty on April 19 to falsification of oil record books on several of its ships.
Cummins Reports 1Q Results
Cummins Inc. reported a first quarter loss of $.75 per share, or $29 million loss after taxes, on sales of $1.33 billion. This compares to a loss of $.68 per share…