IZAR Sestao Launches 11,300-cu. M. Dredger
The Sestao Shipyard launched yesterday, the newbuilding number 324, a suction dredger with a capacity of 11,300 cu. m. The Filippo Brunelleschi, will be delivered…
Kurz Joins OceanConnect Board
Steve Harman, Chairman of OceanConnect's Board of Directors and Chief Executive of Shell Marine Products, said that Robert K. Kurz, President of Keystone Shipping…
SeaArk Delivers Patrol Boat to NYPD
SeaArk Marine, Inc. delivered a 35-ft. Dauntless Class patrol/rescue boat to the New York Police Department (NYPD) Harbor Unit. The boat, identified as Launch 35…
American Rivers calls for Review of Corps Studies
Independent review of U.S. by American Rivers to the House of Representatives. The House Subcommittee on Water Resources and Environment examined the use of peer…
P&O profit Drops; 2003 Outlook is Brighter
Peninsular & Oriental Steam Navigation Co. (P&O) reported a big drop in profits, but forecast a "significantly improved" 2003, according to wire reports. Pre-tax…
Shipbuilding Execs Receive Suspended Sentences
Kyodo News Service reported that two former executives of Sasebo Heavy Industries Co. received suspended prison sentences for their role in defrauding the government…
SHI Backlog: 110 Vessels
Someone forgot to inform South Korea's Samsung Heavy Industries (SHI) the world economy is in turmoil. SHI, one of the world's largest shipbuilders, reportedly won…