Transas Completes Installation at Meriturva
In July 2002, Transas completed the installation of a large-scale simulation complex at the Meriturva Seafarer Educational Center in Helsinki, Finland. The procurement…
Blount Barker Delivers South Ferry Vessel
The 101-ft. double-ended ferryboat, Sunrise, was delivered to South Ferry, Shelter Island, Long Island on July 30th. The vessel began servicing the half-mile crossing…
President Cuts USCG Funding
The White House issued a Statement of President Bush indicating that he will refuse to spend a $5 billion package included in the 2002 Supplemental Appropriations…
Tanker Orders Flood in For Chartco
ChartCo, has taken more orders for its ChartManager service from tow major tanker fleet owners. Greek company Avin International is the third major Greek shipping company…
Northrop Grumman Delivers 17th Aegis Destroyer
Northrop Grumman Corporation Monday delivered to the U.S. Navy its newest warship, Preble (DDG 88). The new vessel is the 17th Aegis guided missile destroyer built by Northrop Grumman Ship Systems…
WW and OW Acquire HMM’s Car Carrier Division
Representatives from Wilh. Wilhelmsen ASA (WW) and Wallenius Lines AB (OW) on August 10, 2002 signed the agreement with Korea’s Hyundai Merchant Marine Co., Ltd.
Blust Assumes Duties as Chairman of FMC
The Federal Commission announced today Steven R. Blust has assumed his duties as Chairman of the Commission. On March 14, 2002, President Bush nominated Chairman…
NSEERS to be Implemented by INS
The U.S. Department of Justice issued a press release stating that the first phase of the National Security Entry-Exit Registration System (NSEERS) will be implemented…
Conrad Enters into Letter of Intent with Swiftships
Conrad Industries, Inc. The Swiftships companies would also be eligible to receive an additional amount based on the performance of the assets during a three-year period after the closing.
KMSS Receive Greek Type Approval For MBB
Kongsberg Maritime Ship Systems (KMSS) has received type approval from the Greek authorities for its Maritime Black Box (MBB®) Voyage Data Recorder. but the latest…
DeepStar Names New Co-Chairs to Contributors’ Advisory Panel
Peter M. Lovie, P.E., vice president of business development for American Shuttle Tankers L.L.C., Houston, has been appointed to co-chair the Contributors’ Advisory Panel of The DeepStar Project…
MAN B&W to Present New Engine Developments at SMM
The MAN B&W Diesel Group presents two new engine developments as well as the next turbocharger generation at the SMM trade fair (Vessel Marine Ocean Engineering) held in Hamburg…
Trailer Bridge to Remain on Nasdaq National Market
Trailer Bridge, Inc. has been notified by the Nasdaq Listing Qualifications Panel that, based upon a transaction it finalized today, it has regained compliance with…
Horizon Offshore Reports Second Quarter Earnings
Horizon Offshore, Inc. reported net income for the quarter ended June 30, 2002, of $2.6 million, or $0.10 per share-diluted. This compares with net income of $5.4 million…
Broström Modernizes Fleet
further step in the modernization of its fleet, which now has an average age of less than 7 years. In a series of two, the Bro Ellen is the second vessel delivered…
Crowley to Acquire New Containers
Crowley Liner Services is investing in and modernizing its equipment fleet by acquiring 1,000 new 53-ft. (102-inch wide) and 1,400 new 45-foot (102-inch wide) container/chassis combinations.
Palfinger Marine Appoints DMW Marine as Distributor
Palfinger Marine announced that it has appointed DMW Marine, LLC as the North American distributor (partner) for Palfinger Marine Cranes. Palfinger/CranePower is…
Navy Lab Hosting Event
The Navy’s Acoustic Research Detachment (ARD) conducts a ribbon cutting at 1:00 p.m., August 13, 2002 for the 26 thousand square-foot Acoustic Test and Analysis Center (ATAC). Captain Steven W.
Navy League President Supports Legislation
In a letter to Congresswoman Jo Ann Davis, Navy League National President Timothy O. Fanning, expressed his strong support and appreciation for the legislation that…
MSC Awards $400M Contract for LMSR Operation
On August 5, MSC awarded Maersk Line, Limited, of Norfolk, Va., a five year contract that could total $400 million to operate and maintain eight large, medium-speed…
