New Century Shipbuilding Acquires AVEVA Solution
AVEVA, a supplier of engineering IT solutions for the process, power, and marine industries, signed a contract to provide its design and production solutions to New Century Shipbuilding (NCS).
LR North America Earns Safety Award
Lloyd’s Register North America, Inc. has received the 2004-2005 Industry Leader Safety Award in the Maritime Services category from Signal Mutual Indemnity Association.
Horizon Says Company will Work on Debt
Charles G. (Chuck) Raymond, CEO and President of Horizon Lines Inc., said in an interview that the carrier, which completed a initial public offering (IPO) last September…
Coast Guard to Conduct Casualty Investigation on Tug
The Coast Guard will begin a formal marine casualty investigation into the circumstances surrounding the leading to the sinking of the tug Valour, which sank 37-miles off the coast of Cape Fear…
LNG Facility License Application
The Federal Energy Regulatory Commission (FERC) issued a Notice stating that, on January 30, 2006, Broadwater Energy LLC filed an application seeking authorization to site…
Work Begins on Vietnam's Biggest Container Ship
Work started on what will be Vietnam's biggest container ship on Feb. 24 at the Nam Trieu Shipbuilding Industry Company in the northern port city of Hai Phong. The 7…
Cargo Ship Launched
On February 25, the Ben Kien Shipbuilding Industry Company successfully launched the Grace Casablanca cargo ship of 8,700 ton. This is the first of four 8,700 ton…
Nordic American Tanker Shipping Announces Expansion
Nordic American Tanker Shipping Ltd. has agreed to acquire a double hull Suezmax vessel of 157,332 dwt built in Korea in 1998, for a price of $69 million. The vessel…
Army Provides Security with Combat Support Boats
U.S. Army soldiers provide security with MK2 combat support boats while soldiers with the 2nd Battalion, 22nd Infantry Regiment, 10th Mountain Division conduct an…
New Cruise Center Welcomes First Cruise Ship
As it glided into port, Holland America Line’s newest cruise ship, the 1,848 passenger Noordam, made history when it arrived at the Caribbean’s newest port facility – the Grand Turk Cruise Center…
MC Shipping Acquires New Vessels
MC Shipping Inc., has agreed to acquire two liquefied petroleum gas (LPG) vessels from the Bernhard Schulte Group of Germany. The vessels, Hermann Schulte and Dorothea…
Harris Awarded $27.8M Contract
the U.S. Navy's Advanced Deployable System (ADS). a continuous and reliable picture of activity over vast oceanic areas. initial production options are exercised beginning in 2007.
Daewoo Shipbuilding Wins Orders from Norway and Greece
Daewoo Shipbuilding & Marine Engineering Co Ltd has won orders from Norway and Greece worth $530M. The shipbuilder said it secured an order from Norway's Odfjell…
History of U.S. Review of Proposed DPW Acquisition
The U.S. Treasury Department outlinedthe history of the review of the proposed acquisition by Dubai Ports World (DPW) of various U.S. port facilities currently operated by P&O Ports.
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…
