Chinese Nationals Arrested in Plot to Steal Navy Technology
According to an AP report, two Chinese nationals have been held without bond on charges of stealing sensitive documents on U.S. Navy warship technology and trying to smuggle them to China.
Oil CEOs to Testify; Explain Profits
According to a CNN report, CEOs from the nation's biggest oil companies face a grilling in Congress before a joint Senate committee hearing on energy prices and record industry profits.
Telenor Introduces My Source
Telenor Satellite Services, a subsidiary of Telenor of Norway launched My Source, a new online account management tool giving Telenor users more control of their satellite communications budget.
Aker Yards Wins PSV Contract
Aker Yards has confirmed an optional agreement with Volstad Shipping AS, Ålesund, for the building of a Platform Supply Vessel worth approximately $38 million. Delivery…
North American Ministry Association Honors Industry Leaders
At its recent Annual Conference in Montreal, the North American Maritime Ministry Association presented awards to Teekay Shipping Corporation and International Registries…
SAM Electronics Wins Contract
SAM Electronics Nederland of Rotterdam, a subsidiary of Hamburg-based SAM Electronics, has been awarded a major contract for supply of NACOS 34-5 integrated navigation…
Behrendt Appointed Chairman of CP Ships
In the context of the acquisition of the British-Canadian shipping line CP Ships by TUI AG, Michael Behrendt, chairman of the executive board of Hapag-Lloyd AG,…
Colfax, Allweiler Strengthen Presence in China, India
Allweiler AG has been producing pump parts at its own factory in Wuxi, China since the beginning of October. Starting in 2006, this plant will manufacture complete pumps for the Asian market.
Adsteam Considers Expansion
According to an Australian Associated Press report, maritime services company Adsteam Marine Ltd is considering expanding operations into Asia and mainland Europe as part of its growth strategy.
Bath Wins Navy Contract
Bath Iron Works Corp. DDG 51 Class Destroyer Program. expected to be completed by November 2010. $1,100,000 will expire at the end of the current fiscal year. not competitively procured.
Hercules Offshore Completes the Acquisition
& Curole Marine Contractors, LLC for $44 million. U.S. Gulf of Mexico. contracts. Hurricane Katrina and its condition is being evaluated. 170 feet, are currently operating in Nigeria.
Cruise Lines Turn to LRAD
BBC reported that the crew of the Seabourn Spirit quickly changed course and headed out into open water to evade the attackers in small boats who had raked the vessel…
NTSB Chairman: Passenger Ferries Need Safety Management System
National Transportation Safety Board Acting Chairman Mark V. Rosenker said the nation's passenger ferries need aggressive safety management systems. He encouraged…
U.S. Coast Guard Awards $105M Contract to L-3
The U.S. Coast Guard awarded a $105 million contract Tuesday to New York-based L-3 Communications Holdings Inc. L-3's Titan Group Aviation and Maritime division…
Experts say Cruiselines Defend Security Plans
AP reported that was the real-life situation the crew and passengers of the Seabourn Spirit found themselves in off Somalia last weekend. With piracy common in some…
Iran to Build Four Cargo Ships for German Firm
According to the Mena Report, Iran's shipbuilding company Sadra Group will build four cargo ships, worth 100 million euros, for the north German-based Rickmers shipping lines…
Delaware Officials Commission 2 Ellicott Dredges
Ellicott Dredges announces several significant new orders from three state governments in the USA, as well as for multiple U.S. federal government agencies. One…
ACL Adding 100 Hourly Positions
American Commercial Lines Inc. announced the addition of 100 hourly positions to work at its shipyard division, Jeffboat LLC, located along the Ohio River in Jeffersonville, In.
Samsung Group Announces Investment Plan
AP has reported that the Samsung Group, South Korea's biggest industrial conglomerate with interests ranging from semiconductors to shipbuilding, said Tuesday it plans to double sales by 2010…
Jones Joins Crowley as VP
Gary Jones has joined Crowley as vice president of information technology (IT). In his new position, Jones is responsible for the strategic and tactical planning…
