TEN Limited Announces $0.50 Per Common Share Cash Dividend
Tsakos Energy Navigation Limited (TEN) announced that its Board of Directors has declared the Company's first half 2003 cash dividend of $0.50 per common share, payable October 30…
Portland-based Yard Completes NOAA Refurb Job
In just the past year, Cascade General Inc., a Portland, Ore., shipyard, has completed refurbishing one research ship for the National Oceanic and Atmospheric Administration…
AAPA Study Examines Cruise Ports
To accommodate rapid growth in the North American passenger cruise industry, U.S. ports are facing potential expenditures of $150-300 million to meet existing Federal…
Dreyfus Supply Acquires Cortney Co.
Dreyfus Supply acquired Cortney Company, a major New Orleans competitor in the marine industry. The combined company, now operating under the name Dreyfus-Cortney Inc.…
Port Freeport Administration Moves Offices
Port Freeport offices have made the move to the Texas Gulf Bank building at 200 West Second St. in downtown Freeport, but this shift is just a temporary one. Eventually…
FMC Upheld on Claim of Unreasonably Refusing to Deal or Negotiate
In an unpublished decision, the U.S. Court of Appeals for the District of Columbia Circuit denied a petition for review sought by a stevedoring company of a decision…
EU Adopts Accelerated Phase-Out of Single-Hull Tankers
Taking a page from OPA 90, the European Union has officially adopted its unilateral plan for accelerated phase-out of single-hull tankers. The regulation was published…
IMO’s GloBallast Program Wins
The GEF/UNDP/IMO GloBallast Program, a project, executed by IMO which is aimed at preventing the spread of unwanted alien organisms in ballast water, has won the Institute of Marine Engineering…
International Ship Sewage Regulations Enter into Force
International regulations for the prevention of pollution by sewage from ships enter into force on 27 September 2003 - nearly 30 years after their adoption. The…
BP Exercises Option for Leiv Eiriksson
Ocean Rig announces that BP Exploration (Angola) Limited has exercised the 4th option well under the present contract in Angola for Leiv Eiriksson. This well, which will last for an estimated 50 days…
CSC Wins $27M Navy Training Order
Computer Sciences Corporation has received a task order from the Navy Program Executive Officer for Integrated Warfare Systems (PEO IWS) to develop shiphandling…
Bath Iron Works Awarded $40M Navy Contract
The U.S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics, a $40 million modification to a previously awarded contract for DDG 51 and FFG 7 Class planning yard services.
Ports Honored at AAPA Awards Luncheon
Twenty seven ports were recognized today for exemplary projects and initiatives at the American Association of Port Authorities (AAPA) annual Awards Luncheon, held…
TEN Announces New Time Charters For Suezmaxes
Tsakos Energy Navigation Limited has announced new time-charter contracts for the suezmaxes Decathlon and Pentathlon with Petrobras, a state oil Company. Each contract…
Naval Vessel Rules Agreement Signed Between ABS and NAVSEA
ABS has signed a formal Cooperative Agreement with the Naval Sea Systems Command (NAVSEA) further strengthening its longstanding relationship with the US Navy. The…
Bay Shipbuilding Picks ATB Design
Stamford, CT. Tug/Barge design. 12-710G main engines, for a total of 6,000 BHP. barges. Robert P. any connection system, yet was simple to build and outfit. smaller…
Telaurus Wins Tidewater Contract
Telaurus Communications LLC of Cedar Knolls, N.J., has been awarded a two-year contract to provide Tidewater Inc. with Telaurus Communications’ se@COMM family of communications solutions software…
Maitland Addresses Mandatory Data Collection by Flag States
A mandatory system of data collection by flag states is the best way to lift the veil of secrecy from the shipping industry without interfering with the normal process of ship sales…
Lloyd’s Register Sponsors Human Element Awareness Initiative
Lloyd’s Register is sponsoring a ‘human element awareness’ initiative, to be run by The Nautical Institute. The initiative is expected to run for three years and…
New Board Member Appointed for Kvaerner Masa-Yards
Kvaerner Masa-Yards Inc.. Niemi, a Finnish citizen, has broad Finnish and international industry experience. During the years 1989-1997 he was Managing Director…
