Bill Introduced to Extend TRIA
Representative Baker (R-LA) introduced the Terrorism Risk Insurance Revision Act of 2005 (H.R. 4314) to extend the applicability of the Terrorism Risk Insurance Act of 2002.
EMSA Moving to Lisbon in April
The European Maritime Safety Agency (EMSA) issued a News Release stating that, as of April 2006, the agency headquarters will be located in Lisbon. Initially, it…
Barge Capsizes
The U.S. Coast Guard issued a Press Release stating that the tank barge that struck an unknown submerged object in the Gulf of Mexico has capsized. Salvage and spill response operations continue.
Motia Continues Product Tanker Expansion
from STX Shipbuilding, Korea. Pool. very high quality product carriers. for product tankers. carry Italian crew. STAR HULL NB, +AUT-CCS, VCS, Green Star (Clean Air & Clean Sea).
VT Shipbuilding and Merwede Sign MoU
VT Shipbuilding and Netherlands company Merwede Shipyard - have signed a Memorandum of Understanding to work together on naval warship procurement programmes outside the UK.
HHI and Transas Hand New Vessel Over to PRISCO
The New tanker Pavel Chernish built by Hyundai Heavy Industries Ltd as part of the 1599 – 1603 project, was handed over to the Primorsk Shipping Corporation (PRISCO).
Vinashin to Build Vessel for Denmark
Reports indicate that the contract on building a 2,500-ton vessel, worth $4.5M, will be carried out over 15 months by the Saigon Shipbuilding Industry Company, a member of Vinashin.
ExxonMobil, Qatar Petroleum Progress LNG Project
In a joint statement issued at the conclusion of an inauguration ceremony held in Doha, Qatar Petroleum and ExxonMobil Ras Laffan (III) Limited, a wholly owned subsidiary of Exxon Mobil Corporation…
New Low-Speed Engines for Containerships, Tankers
Wärtsilä introduced two new low-speed marine diesel engines, each of which will be available in two versions, namely the Wärtsilä RT-flex82C, RTA82C, RT-flex82T and RTA82T.
Wärtsilä Boosts Service with Gerhardt Acquisition
Wärtsilä signed an agreement to acquire the assets of Gerhardt Holding Co., Inc. The company specializes in the servicing of control and automation equipment for…
Navy Selects Telephonics System
Telephonics Corporation, a wholly owned subsidiary of the Griffon Corporation announced a contract award from the U.S. Navy to manufacture, integrate and install…
Mikulski Innovation Tour Focuses on New Tech
Senator Barbara A. Oceanic and Naval Systems facility. System (ASDS) at $147.5 million this year. technology and begin the purchase of a second ASDS vehicle. through dangerous waters.
SPS Tenant Contracts for Barge Building
SPS Limited Partnership LLLP (SPS) of Baltimore, MD and Canton, MA has leased the 1,200 ft. shipbuilding basin (the Graving Dock) located at the Sparrows Point Shipyard/Industrial Complex…
Increase in Seaport Security Funding is Proposed
The American Association of Port Authorities (AAPA), the organization representing public ports throughout the Western Hemisphere, lauded Sens. Susan Collins (R…
Keppel Singmarine Wins AHTS Contract
AHTS Coloso built and delivered to Gulfmark Offshore earlier this year. Keppel Singmarine, a builder of offshore support vessels, won a $230 million contract to…
ConocoPhillips Announces Share Repurchase Program
ConocoPhillips announced a stock repurchase program to repurchase up to $1 billion of the company's common stock over a period of up to two years. This plan is in…
Xantic Features Happy Hour Calling
Xantic will offer 24-hour Happy Hour calling during the upcoming holiday season. The company has experienced rapid growth in the crew calling market since the debut of its ChatCard calling service…
Increased Demand for Steel Plates
South Korean shipbuilders’ demand for steel plates is expected to continue to rise next year due to an increase in orders, according to a Korea Times report. The…
Oil Industry Revamping Rigs to Withstand Hurricanes
As they struggle to restore oil and gas production in the Gulf of Mexico, industry executives are mapping potential upgrades in equipment and operations to minimize future storm-related stoppages…
ODS-Petrodata Launches FPSbase
ODS-Petrodata, a provider of market intelligence for and about the offshore oil and gas industry, commercially launched FPSbase, a web-based tool providing data…
