Conrad Reports 1Q 2004 Results
Conrad Industries, Inc. reported a net loss of $132,000 and loss per diluted share of $0.02 for the three months ended March 31, 2004 compared to a net loss of $321…
Seaway Marine Selects ASC’s LPS-Bulk
Autoship Systems Corporation (ASC) has sold LPS-Bulk to Seaway Marine Transport of St. Catharines, Ontario, for four vessels: M.V. Canadian Enterprise; M.V. Canadian Transport; M.V.
O.W. Bunker Expands Far East Business
O.W. Bunker has expanded their activities in the Far East with the establishment of O.W. Bunker China Ltd. The new company will be situated in Hong Kong and is the…
P&O Nedlloyd Logs $21M Operating Profit
P&O Nedlloyd's first quarter results for 2004 improved by $79 million compared to the same quarter 2003, moving from a loss of $58 million to an operating profit of $21 million.
SKANTI Iridium SSAS DNV Approved
Denmark-based SKANTI has obtained DNV approval for the add-on SSAS-box for the well-proven Iridium terminal using the network of 66 reliable satellites. DNV approves…
Iridium-based SSAS from SAILOR DNV Approved
The recently launched Ship Security Alert System (SSAS) by SAILOR using the Iridium System has now been approved by Det Norske Veritas (DNV), meeting all requirements…
Contract For Three New Car Carriers
Wilh. Wilhelmsen ASA has entered into a contract with Ray Shipping regarding the charter of 3 car carriers on a 15 year timecharter with options. Wilh. Wilhelmsen…
New Tanker Company Sets Sail
Hatem Fawzy, Director, Offsets Ventures; Ahmed Al Wahaibi, Deputy CEO, Oman Oil Company; Hussain M. Sultan, Group Chief Executive and Board Member, ENOC; Khadem Al Qubaisi…
UK Surveys Sunken Liberty Ship for Danger
The Maritime and Coastguard Agency reported the result of the latest survey, in September 2003, of the wreck of the SS Richard Montgomery, a war-time Liberty Ship…
Hearing on Maritime Transportation Amendments of 2004
The Subcommittee on Coast Guard and Maritime Transportation will conduct a hearing on the Maritime Transportation Amendments of 2004 (H.R. 4251) on May 6, 2004.
Safety Alert: Lifejacket Snap Hooks
The U.S. Coast Guard issued a Safety Alert stating that the spring clips installed on some USCG-approved lifejacket snap hooks may be defective. The Type I personal…
Hampton Roads Security Zone Proposed
The U.S. Coast Guard proposes establishing security zones around passenger vessels and vessels carrying certain dangerous cargo (CDC) while on waters of the Captain of the Port Hampton Roads zone.
It's VISA Open Season
The U.S. Maritime Administration (MARAD) issued a Notice stating that open season has commenced for enrollment of qualified shipping companies in the Voluntary Intermodal Sealift Agreement (VISA).
Port Security Grant Program: Round 4
The U.S. Transportation Security Administration (TSA) issued a Notice announcing the initiation of Round 4 of the Port Security Grant Program. TSA anticipates that $49…
This Day in Naval History - May 06
1909 - Great White Fleet anchors in San Francisco. 1916 - First ship-to-shore radio telephone voice conversation from USS New Hampshire off Virginia Capes to SECNAV Josephus Daniels in Washington, DC.
Iveco Launches New N. American Ops
Iveco announced the opening of its U.S. engine operations, Iveco Motors of North America, in conjunction with the unveiling of their new brand name, Iveco Motors.
CP Ships Appoints New Chairman, CEO
Following the Annual and Special Meeting of Shareholders today, CP Ships Limited's Board of Directors appointed Ray Miles as Chairman and Frank Halliwell as CEO.
Austal Starts Navy Boats
Production has commenced for the Royal Australian Navy’s (RAN) Armidale Class patrol boats. To be built in Western Australia over a 42-month period, the 12 vessel…
New Intra-Europe Container Service Debut
Founded in March 2004 and based in Antwerp, Belgium, Delphis NV is a new company that will be active on the intra-European transport market. Delphis is targeting…
Damen Delivers the Patrol Boat Valiant
On April 29, 2004, Damen Shipyards Gorinchem delivered the Damen Stan Patrol 4207 Valiant to H.M. Customs and Excise. Following the earlier delivered Seeker, Searcher and Vigilant…