News: NASSCO Floats Out First BP Tanker
National Steel and Shipbuilding Company (NASSCO) recently floated out Hull 484, the first of four Alaska Class, double-hull oil tankers being built for BP Oil Shipping Company, USA.
News: New Sub Model Christened at NNS
Northrop Grumman Corporation's Newport News sector held a christening ceremony on Nov. 19 for its submarine model concept called Newport News Experimental Model 1 (NNemo 1).
News: Aker Finnyards Will Convert Finnjet
Aker Finnyards and Silja Oyj Abp signed a letter of intent on the docking and conversion of GTS Finnjet. The work will commence in May 2004. There will be considerable…
News: Odfjell Net Falls $20M; U.S. DOJ Fine the Cause
Odfjell's consolidated net result after tax was $11 million for the first nine months 2003 compared to $31 million in the same period 2002. The 2003 figure is after…
News: Conrad Wins Contract to Build Aluminum Vessel
Conrad Industries' subsidiary Conrad Aluminum, LLC won a $2.8 million contract to build a 175-ft. aluminum crew/supply vessel for Diamond Services Corporation of Amelia, La.
News: Manitowoc Wins DH Barge Contract
Hornbeck Offshore Transportation has contracted with Manitowoc Co. to build a 110,000-barrel, double hull tank barge due for delivery in one year, with an option…
News: BV Backs Double-Hull Bulker Designs
Bureau Veritas has given preliminary approval to three designs for double-hull bulk carriers that are expected to meet future revisions to IACS and IMO regulations.
Editorial: Editor’s Note
As another year closes and thoughts turn to 2004 and beyond, every indication points to a strengthening maritime market in many sectors. Whether the gauge is decidedly unscientific…
Golar LNG Raises $51M
Golar LNG has completed a directed equity offering of 4,000,000 shares mainly towards international institutional investors. The equity offering was significantly oversubscribed.
E-Paint Gets USN Authroization
E Paint announced that the U.S. Navy has authorized E Paint SN-1 antifouling paint for use on small boats and craft. Use of E Paint's SN-1 Bottom Coating in Ocean…
Port of Houston Awards $12M Security Contract
The Port of Houston Authority (PHA) commission approved a recommendation to award a contract to TRC-ECON Capital, L.P. for security infrastructure enhancements.
Navy Installs New Multibeam Echo Sounders
In 2000 the Italian Navy Hydrographic Service installed two EM 300 multibeam echo sounder systems on their two new survey vessels, the "Galathea" and the "Arethusa".
New Software Enhances Underwater Mapping Ops
Triton Elics International (TEI) announces the release of new versions of its entire line of software products. TEI's seafloor imaging and mapping products continue…
Farstad Wins 5-Year Deals for PSVs
Farstad Shipping has been awarded two five year contracts by Esso Australia for the provision of two dynamic positioning platform supply vessels (Far Scandia and…
Hual Increases PCTC Order to 7 Ships
HUAL, the Ro/Ro vehicle carrying unit of Leif Höegh & Co, has placed an order for two additional car carriers (PCTC) with Daewoo Shipbuilding & Marine Engineering…
Broström Sells 3 Chem Tankers
Broström sold the three chemical tankers BRO NADJA, BRO NELLY and BRO NORA with a capacity of 5,750 dwt each. The three sister vessels were built in 1996 and 1997…
V.Ships to Pilot Test New Software
Resurgence Software, Inc. said that V.Ships Group, Ltd. has agreed to pilot the Wave Equipment Optimization System for a portion of its fleet. The agreement, which covers both software and services…
TEN Announces Long Term Time Charter
Tsakos Energy Navigation Limited (TEN) announced a new long-term time-charter contract for the Suezmax Triathlon with Sun International Limited/Sunoco Inc. The seven-year contract…
Royal Olympic Cruises Files For Chapter 11 for Two Ship Owning Companies
Royal Olympic Cruise Lines, Inc., announced today that two out of its eight shipowning companies, Olympic World Cruises, Inc., the owner of the vessel Olympia Voyager, and Royal World Cruises, Inc.
Digital Antenna Wins Award
Digital Antenna Inc., was awarded The National Marine Electronics Association (NMEA) 2003 product of the year in the marine antenna category for the 2nd straight year.