L-3 Henschel Awarded Contract
L-3 Henschel was awarded a $7.6M contract for Data Acquisition Unit shipsets, training and testing site sets together, with engineering services and provisioned items.
P&O Agrees to $6.3B Takeover Offer
The AP has reported that the Peninsular and Oriental Steam Navigation Co. said it has agreed to a $6.3 billion offer from Singapore port operator PSA International…
Horizon Lines Declares Dividend
Horizon Lines, Inc. announced that its Board of Directors has voted to declare a cash dividend on its outstanding shares of common stock of $0.11 per share, payable on March 15…
Diana Shipping Takes Delivery of Panamax Bulk Carrier
Diana Shipping Inc. has taken delivery today of a newbuilding Panamax dry bulk carrier, the Coronis, from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., Shanghai China.
Review: Navy Plans to Reduce Fleet
According to www.dailypress.com, a draft Pentagon blueprint renews a plan to shrink the Navy's fleet of aircraft carriers, barely a month after Congress blocked the move.
Panama Canal Releases First Quarter Metrics
The Panama Canal Authority has summarized its operational metrics for the first quarter of the 2006 fiscal year. During this period, the number of transits by large vessels rose…
Supreme Court Finalizes Decision on Marine Submerged Lands
The U.S. Supreme Court issued a final decree regarding Alaska's assertion of ownership of certain marine submerged lands in the southeast portion of the state. The…
Wärtsilä Land & Sea Academy Opens a New Training Center
Wärtsilä Land & Sea Academy (WLSA) today opened a new training center in Turku, Finland. This is one step for WLSA in its development program of opening three Academies…
IMO and Interferry Sign Agreement on Ferry Safety
According to reports, the International Maritime Organization (IMO) and the non-governmental industry organization Interferry have signed a Memorandum of Understanding…
Hyundai Wins $300M Contract
Reports indicate that Hyundai Corporation has won shipbuilding contracts worth $300 million through its joint shipbuilding venture in China. The company announced…
Klenck Named VP at Crowley
Crowley announced that Joel Klenck has been promoted to vice president, ship assist and escort services, a part of Crowley's marine services segment, with overall…
Old Relic Remains at Bottom of Milford’s Harbor
At the bottom of Milford, Conn.’s city harbor lies a century-old, barnacle-encrusted submersible, belonging to native and inventor Simon Lake, a pioneer in the field…
Tugboat Sinks at Duwamish River
A 101-foot tugboat sank at its moorage off the mouth of the Duwamish River and nearly dragged down a second tug, the AP reported. The cause of the sinking of the tug island Brave was unknown.
Halliburton Wins $40M Contract
Halliburton Worldwide Limited has been awarded a two-year, $40 million multi-service contract by Occidental Mukhaizna, LLC, a subsidiary of Occidental Petroleum…
ENSCO Announces Jackup Rig Delivery
ENSCO International Incorporated announced that a subsidiary of the company has taken delivery of ENSCO 107, an enhanced KFELS B Class design jackup rig constructed…
B.C. Ferries’ Saves $3.8M on Taxes, Funds Maintenance
B.C. Ferries will be saving about $3.8 million a year on taxes for 45 terminal properties on the coast. The B.C. Assessment Authority reached a settlement with the…
NYMAR Elects New Officers and Directors
New York Maritime Inc. (NYMAR) has elected new officers and three new directors. William J. Honan III, a partner in the New York office of law firm Holland & Knight…
USCG Continues Vessel Removal in Louisiana
The U.S. Coast Guard is continuing to work with the Federal Emergency Management Agency (FEMA) and other stakeholders to identify and remove vessels grounded or…
Gulf Coast Get $868M for Repair and Reconstruction Work
Gulf Coast states still rebuilding after last year’s devastating hurricanes will share $868 million in federal funds aimed at fueling road and bridge projects, U.S.
MarAd – Security Training Courses
The Maritime Administration (MARAD) issued a Notice stating that it has retained a contractor to evaluate and certify maritime security training courses for courses…
