Anteon Awarded Danish Naval Contract
Anteon has been awarded a $15.8 million contract from the Danish Material Command for services to assist the Royal Danish Navy in achieving a mine clearing capability.
VMS Christens New ATB
Vessel Management Services, Inc., a Crowley Maritime Corporation subsidiary, on April 25 christened the first of four Articulated Tug-Barge (ATB) tank vessels that…
Big cuts in ENC prices from Primar Stavanger
international ENC coordinating center - have been slashed to their lowest-ever level. equivalent in size to the comparable paper chart. on the purchase price for a new ENC.
Furuno Introduces New High Power NAVNET Pair
Furuno added to its extremely popular NavNet series of Radar/Chart Plotters, the 1953C & 1953C/NT. Designed for all types of vessels, the 1953C series bundles high…
ABS Elects Carlsson, Wolcott and Goulandris to Board
Lars Carlsson, President, Concordia Maritime AB, Douglas Wolcott of Wolcott Associates, and Peter George Goulandris of Capeside Steamship Company Ltd. were elected to the ABS Board of Directors…
GIFI Reports 1Q Earnings
Gulf Island Fabrication, Inc. reported net income of $1.4 million ($.12 diluted EPS), before a cumulative effect of change in accounting principle, on revenue of…
PAL Indonesia Implements Tribon
PAL Indonesia has purchased the entire Tribon Shipbuilding system for design and production of ships at its shipyard in Surabaya. PAL Indonesia has chosen to implement…
ITIC Bucks Trend with Continuity Credits
At a time of great volatility and significant rises in premium costs in international marine insurance and reinsurance markets, the International Transport Intermediaries…
When Up Is Down
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) rose by 1.5 million barrels last week. Total commercial petroleum inventories…
TRW Shareholders: Open Books for Northrop Grumman
Northrop Grumman Corporation Chairman and CEO Kent Kresa stated emphatically that, "TRW shareholders have sent a strong message to TRW's board of directors today…
Royal Caribbean Reports 1Q Results
Royal Caribbean Cruises Ltd. reported that its net income for the first quarter was $53 million, essentially the same as the first quarter of 2001. Earnings per…
ABS Elects Carlsson, Wolcott and Goulandris to Board of Directors
Lars Carlsson, president, Concordia Maritime AB; Douglas Wolcott of Wolcott Associates; and Peter George Goulandris of Capeside Steamship Company Ltd., were elected to the ABS Board of Directors…
Dog Adrift: Day 22
It seems the fate of the little dog Forgea, adrift in the Pacific has now garnered the close attention of the U.S. Coast Guard, as the ship has meandered into U.S.
RigNet Appoints Muller to Board of Directors
Edward Muller has been appointed to serve as a member of the Board of Directors of RigNet Inc. Paul Gundersen, RigNet chairman and CEO, said, "Ed Muller brings a…
Ultra Deepwater Spar/DDCV Study Complete
KBR recently completed a conceptual engineering study of a Spar/Deep Draft Caisson Vessel (DDCV) in 10,000 ft. water depth in the Gulf of Mexico. The six-month study…
DD-X Decision Possibly Friday
In the coming few days, the U.S. Navy is suposed to award a corporate team to design the DD-X, the lead ship in a new family of smaller U.S.warships. "We still intend…
Pacific and Southwest - A Coastal Shipyard Alliance
Pacific Shipyards Intl. has joined forces with Southwest Marine to carry out a five-year IDIQ contract for the U.S. Navy. The primary function of the contract, which…
Industry Leaders Elected To ABS Membership
Twenty-four prominent shipping industry executives have been elected as new Members of ABS bringing the classification society's worldwide membership to 817. The members…
RINA Reports Strong Growth
Italian classification society RINA has reported strong growth for its 2001 financial year. The consolidated revenues of the group were almost $94 million, up ten percent from last year's Euro 85.2 m.
ABS Reports Strong Performance in 2001
ABS Chairman and CEO Frank J. Iarossi has reported continued strong performance by the classification society and its affiliate, the ABS Group of Companies Inc. in 2001.