Containerships Collide in Peru
A Panamanian ship reportedly collided with two other vessels near the Peruvian port of Callao last Friday, splitting in two and leaving one sailor missing, the Seattle Post Intelligencer reported.
YSS, Gagasan to Buy Tankers
YAYASAN Sabah Shipping (YSS) and Gagasan Carriers Sdn Bhd (GCSB) have formed a joint-venture company, under which it will acquire two new chemical tankers costing $39 million.
WDT Sees Production Increase
Wave Dispersion Technologies (WDT) announced the company has doubled its production capacity due to increased global demand for the WhisprWave line of maritime barriers and buoys.
Wreckage in Gulf Poses Problems
Many unmarked marine hazards listed in the Coast Guard's latest Local Notice to Mariners, such as missing oil platforms to sunken boats to unidentified debris fields…
Chevron Quarter Profit Up to $4.14B
Chevron Corp.’s fourth-quarter profit rose to $4.14 billion from $3.44 billion as oil and fuel prices jumped. Per-share profit climbed to $1.86 from $1.63 a year earlier, according to Bloomberg.
Balmoral Group Sells Marine Division
Privately-owned Balmoral Group has sold off its marine division formerly known as Balmoral Marine- and now the Viking Moorings- to a management buy-out team in a $38.8 million deal.
P&O Shares Increase
Dubai Ports World raised its offer for the British port operation Peninsular and oriental steam Navigation Co. to almost $7 billion, beating an offer from Singapore's PSA International Ltd.
Barge Leaking in Ohio River
A barge was lodged against the K & I Railroad Bridge last night, leaking hot asphalt and diesel fuel into the Ohio River, as reported by the Louisville Courier-Journal.
Navy, Coast Guard Aim to Prevent Piracy
U.S. Navy and Coast Guard officials are determined to stop pirates from threatening Americans and American interests. Incidents of piracy have become even more prevalent over the last two years…
OIS Wins Semi Reactivation Contract
In early 2005, Transocean Inc selected Mobile, Alabama based Offshore-Inland Marine & Oilfield Services Inc (OIS) to perform the re-activations of semis Falcon 100 and Amirante.
Tidewater Hostages Released
Tidewater Inc. confirmed that the four workers who were abducted by armed force and taken hostage from its offshore supply vessel Liberty Service offshore the Niger Delta on January 11…
Fishing Vessel Captain Medevaced by Coast Guard
A rescue helicopter from Coast Guard Air Station Atlantic City and a 47-foot rescue boat from Coast Guard Station Atlantic City responded to the fishing vessel Shoreline…
Eagle Bulk Shipping, Inc. Declares Dividend
Eagle Bulk Shipping Inc. shareholders of record as at February 15, 2006. The company expects investors to receive their Form 1099-DIV this week. income for that dividend.
Barge Partially Sinks
The AP has reported that a barge hauling 800,000 gallons of liquid asphalt that strayed from its tow has partially sunk to the river bottom, according to the Coast Guard.
Tidewater Announces The Release of Hostages
Tidewater Inc. confirmed that the four workers who were abducted by armed force and taken hostage from its offshore supply vessel Liberty Service offshore the Niger Delta on January 11…
Vessel Detained After Pollution Incident
The UK Maritime and Coastguard Agency (MCA) detained a RoRo vessel at Fleetwood after it was involved in a pollution incident in which approximately two cubic meters…
Captain Indicted for Seaman’s Manslaughter
The U.S. Attorney for the District of Oregon stated that the captain of a charter fishing boat operating out of Winchester Bay, Oregon was indicted on three counts…
