Hornbeck Announces Record 2005 Results
Hornbeck Offshore reported that fourth quarter revenues increased $19.3 million, or 51.1%, to $57.1 million compared to $37.8 million for the fourth quarter of 2004.
GlobalSantaFe Announces 4Q, 2005 Earnings
GlobalSantaFe Corporation announced that the continuing surge in demand and dayrates for offshore oil and gas contract drilling services helped drive operating income…
FMC Technologies, Statoil Sign Contract
FMC Technologies has signed a contract with Statoil to provide subsea systems for the Tyrihans project in the North Sea. The value of this contract is approximately $216 million in revenue.
U.S. Navy Exercises $93.8M Contract Option
The U.S. Navy exercised a $93.8 million contract modification option to Northrop Grumman Corporation for detail design and the procurement of long-lead-time material…
Japan Investigates Navy Data Leak
Japan's Defense Ministry is probing a suspected leak onto the Internet of navy data, including some confidential information. The incident came to light when a navy…
3 dead, 19 hurt in Navy Ship Fire
Three sailors were killed and 19 injured, 11 of them seriously, in a fire that broke out on board naval warship INS Magar on the evening of Feb. 22, as it was dumping…
Antigua Tests New Traffic Rules
Antigua saw an unusually high number of cruise ship visitors as seven vessels docked at the Heritage Quay, Redcliffe Quay and Deep Water Harbor ports on Feb. 22.
Arison Receives Award
The Steamship Historical Society of America presented the 2005 C. Bradford Mitchell Award to Carnival Corporation chairman Micky Arison during a ceremony aboard Holland America Line’s new cruise ship…
United States Marine Awarded Contract
condition. completed by February 2011. expire by the end of the current fiscal. procured. contracting activity (N61331-06-D-0016).
Gladding-Hearn Builds New Pilot Boat for Delaware Pilots
Gladding-Hearn Shipbuilding, Duclos Corporation, is nearing completion of a second Chesapeake class pilot boat for the Delaware pilots. Lewes, in March will mark…
CQ River Cruises Cancelled
The Federal Maritime Commission (FMC) issued a Notice stating that it has been notified that CQ River Cruises LLC, doing business as American Rivers Cruise Line…
Egypt Finds Sunken Ferry Recorder
According to reports, Egyptian officials say they have recovered the data recorder for the ferry that sank in the Red Sea on 3 February, killing about 1,000 people.
Vinashin Signs Contracts at VietShip
Reports indicate that Vietnam Shipbuilding Industry Corporation (Vinashin) signed 18 contracts worth more than $400 million at VietShip in Hanoi yesterday, showing…
ILO- Adoption of Consolidated Maritime Labor Convention
The International Labor Organization (ILO) stated that the Conference held in Geneva adopted a comprehensive labor standard for the world’s maritime sector. The…
IMO Provides Assistance to Red Sea Ferry Investigation
With respect to the ongoing investigation into the al-Salam Boccaccio 98 ferry disaster in the Red Sea on 3 February 2006, IMO wishes to clarify the following. Soon after the accident…
Trials Carried Out on New Chilean Navy Sub
Navantia’s Cartagena shipyard has carried out, on 16th. February, for the first time a real exit trial from the hatch of the “Carrera” submarine, second unit that is being built for the Chilean Navy.
This Day in Naval History - Feb. 24
1813 - USS Hornet, under command of Capt. James Lawrence, captures HMS Peacock. 1942 - Japanese occupation forces are attacked by planes from carrier USS Enterprise (CV 6) task force under Vice Adm.
Evergreen Launches Another Asia/US Service
Following congestion on the US West Coast towards the end of 2004, the pressure has been on carriers to launch additional services via the Panama Canal. The Evergreen…