Charleston Amends Security Surcharge
The South Carolina Ports Authority (SCPA) amended its tariff for the Port of Charleston to add a Terminal Security Surcharge of $1.00 per lineal foot for ships and…
Companies Indicted for Ocean Dumping
Shashank Pendse, a citizen of India and Chief Engineer on the ship M/V Spring Drake; MMS Co., Ltd, a Japanese company that manages the ship; and Grus Line Shipping S.A.…
Tank Vessel Construction Assistance Program Launched
The Maritime Administration (MARAD) is soliciting competitive proposals for construction in the United States of new product tank vessels necessary to meet commercial…
Stolt-Nielsen S.A. Sells 2 Million Shares in Stolt Offshore
Stolt-Nielsen S.A. sold two million shares of Stolt Offshore S.A. (SOSA). The shares were sold at the market price of 24 Norwegian Kroner per share (approximately…
Rolls-Royce Gas Turbine Get Certification
The Rolls-Royce MT30 marine gas turbine has completed a major development milestone, receiving certification from a leading verification agency. The gas turbine…
CP Releases Note Pricing Details
CP Ships Limited reached agreement with initial purchasers to issue $175 million of 4% convertible senior subordinated notes due 2024. CP Ships has also offered…
HOS Reports 4Q Results
Hornbeck Offshore Services, Inc. said that revenues for the quarter ended December 31, 2003 increased 11.5 percent to $29.2 million compared to $26.2 million for the same quarter in 2002.
Conrad Reports 4Q, Full Year Results
Conrad Industries, Inc. reported a net loss of $5 million and loss per diluted share of $0.68 for the three months ended December 31, 2003 compared to a net loss of $499…
Transport Committee backs ‘Motorways of the Sea’
The Transport Committee voted on the draft report tabled by Philip Bradbourn (EPP-ED, UK) on Community guidelines for the development of the trans-European transport network.
Senator Nelson Calls for More Security Money
U.S. Sen. Bill Nelson called on Congress and the administration to do more to sufficiently fund port security or risk a potentially devastating attack at one of…
$35M Expansion for North Grumman
Expansion Project during a ceremony at its Ship Systems sector's Pascagoula facility. public/private partnership with the state of Mississippi. The West Bay expansion will create more than 400,000 sq.
V.Ships Awarded Sakhalin Tankers Contract
Primorsk Shipping Corporation of Nakhodka (PRISCO) has awarded V.Ships a contract for the full technical management of three ice-class tankers. These vessels will…
HRDD Dockyard Logs Busy January
Stimulated by the news that the 2nd floating dock ( for capsize and post panamax vessels ) will put in operation in July of 2004, HRDD experienced another up surging output in January of 2004.
IMO Adopts New Ballast Water Rules
shipping and the prevention of marine pollution from ships. international conference held from 9 to13 February 2004 at IMO's London Headquarters. The Convention…
Upcoming hearing on USCG and FMC budgets
conduct a hearing on March 4, 2004. requests for FY 2005 and the Coast Guard Authorization Act for FY 2005.
Brunswick, Zodiac Drop Suit
reached last week by the two companies. Inflatables Ltd. on a Zodiac patent and AVON's trade dress. The suit, filed in the U.S. Marine, a division of Brunswick Corporation…
LNG on OTC Discussion Plan
LNG is the topic of discussion during an OTC General Session and two technical sessions planned during the Offshore Technology Conference (OTC), 3-6 May, at Reliant Center at Reliant Park in Houston.
NASSCO Announces Promotions
National Steel and Shipbuilding Company (NASSCO) announced a number of senior management promotions. Janice Grace has been appointed to the new position of Senior Vice President, Operations.
Knightsbridge Gets VLCC Time Charters
Knightsbridge Tankers Limited has secured medium-term time charter contracts for two of the company's five very large crude carriers (VLCCs). The company has chartered…
Coast Guard Regional Exam Center to Host Open House
The Coast Guard Regional Exam Center Puget Sound will host an open house and ribbon cutting ceremony Friday at the Jackson Federal Building in downtown Seattle.
