PPL Shipyard Completes Acquisition of Sabine Industries
Further to its announcement dated September 22, 2005, “SembCorp Marine’s PPL Shipyard Acquires Sabine Shipyard in Texas, USA”, SembCorp Marine is pleased to announce…
ACL IPO Closes
American Commercial Lines Inc. (NASDAQ: ACLI) announced the closing of the initial public offering of 9,487,500 shares of its common stock at a price to the public of $21.00 per share.
CNOOC Announces Discovery
achieved a new discovery, Luda (LD) 27-1, in Bohai Bay. Discovery well LD 27-1-1 is an independent wildcat spudded this July. well was drilled in 16 meters of water to a total depth of 2772 meters.
ATP Wins GOM Lease
Lease Sale held in New Orleans this past August. which were awarded at a total cost of approximately $0.6 million dollars. gas pay. water. planned drill site for…
Bollinger Promoted
Bollinger Shipyards, Inc., has named Chris Bollinger as Executive Vice President of New Construction Division, according to Donald “Boysie” Bollinger, Chairman and CEO of the Lockport, La.
Temp Housing for Gulf Coast Employees
Northrop Grumman Corporation is making final arrangements to provide on-site temporary housing for more than 1,000 returning employees at its shipyards in New Orleans and Pascagoula.
OSG Sells Seven Tankers
Overseas Shipholding Group, Inc. (NYSE:OSG) announced today that it agreed to sell seven tankers to Double Hull Tankers, Inc. (DHT) in connection with DHT's initial…
Bajpaee Elected by ISMA
International Ship Managers' Association. Kong, 12th October 2005. industry-wide operational Key Performance Indicators (KPIs). decisions made at policy making bodies and what actually goes on at sea.
Birth of the U.S. Navy
By RP3 Bryan J. The U.S. Navy was born on 13 October 1775 by an act of the Continental Congress. Long-building political tensions between the British Empire and…
This Day in Naval History - Oct. 13
1775 - The Continental Congress establishes a Continental Navy, later known as the U.S. Navy. 1943 - The Destroyer Bristol (DD 453) is sunk, with the loss of 52 lives…
Consortium Formed to Invest in China Shipbuilding
At the invitation of China Steel Corp. (CSC) and Yang Ming Marine Transport Corp., Wan Hai Lines Ltd. has shown its willingness to enter into a consortium led by…
EU Approves CP Ships Acquisition
TUI AG and CP Ships Limited jointly announced that TUI's proposed acquisition of CP Ships has been cleared by the European Union and that the regulatory review period in China has expired.
Transocean Updates Rig Status
Transocean Inc. reported that damage assessments of the moored semisubmersible rigs Transocean Marianas and Deepwater Nautilus, which sustained damage during the…
Double Hull Tankers Cuts IPO Amount
Double Hull Tankers Inc. cut its expected initial public offering (IPO) to 16 million shares at $12 to $13 a share from 20 million shares at $14 to $16, according to a Reuters report.
Samsung to Build Tankers for Lukoil
Samsung will build four ice-class 70,000-ton tankers for Russia’s oil major Lukoil to help it export crude from the Arctic to Western markets, according to a report on MosNews.com.
Navy Releases Two Ships to Owners
The Nigerian Navy handed over two ships arrested for oil bunkering in 2003 on the order of the presidency following a court ruling, according to a report on AllAfrica.com.
This Day in Naval History - Oct. 12
1914 - USS Jupiter (AC 3) is first Navy ship to complete transit of the Panama Canal. 1944 - Aircraft from Carrier Task Force 38 attack Formosa. 1957 - Rear Adm. G.J.
Conrad Announces Hurricane Impact and Addition to Backlog
Inc. for the U.S. Army. go out to the victims ravaged by these disasters. have a direct impact on any of our four shipyards. Rita did not spare our Orange employees from loss and damage.
Tote Wins State Environmental Award
Gov. Christine Gregoire has honored Totem Ocean Trailer Express (TOTE) of Tacoma and Federal Way, Washington. with the 2005 Governor's Award for Pollution Prevention & Sustainable Practices…
New Lighterage System Revolutionizes Ship-to-Shore Transport
The U.S. Navy is currently testing a new and improved lighterage system that can be assembled into causeways, docks, or ferries, providing the Navy and Marine Corps with a safer…
