German Group Eyes Shipbuilding Investment
A group of German companies is exploring the possibility of setting up a shipbuilding and shipyard project in West Bengal with special emphasis at the port city of Haldia in East Midnapore district.
TORM Announces 2005 Results
A/S Steamship Co TORM (TORM) shipping company announced its results for its fiscal year ended December 31, 2005. The company said that the results for 2005 were better than expected…
TEN Buys 9 Tankers for $530M
TEN, the New York quoted Greek tanker company controlled by the Tsakos family, confirmed it has bought for nine ice class 1A tankers from Western Petroleum for $530 million.
Strong Outlook for Tankers
Oil-tanker owners may have a better year in 2006 than last year as the number of new vessels fails to keep pace with demand for crude, The Royal Gazette reported.
Potential Bidders Eye Waterway Contracts
State and federal officials held a meeting at the Harrison County Courthouse on March 7 for potential contractors who will bid to clean up inland channels and waterways in the three coastal counties.
GoM Drilling Plan Advances
Legislation that would open part of the Gulf of Mexico to offshore oil and gas exploration easily cleared a Senate committee on March 8, but could face future hurdles placed by coastal lawmakers…
Shell, Statoil Announce Joint Energy Plan
Shell and Statoil announced a plan to use carbon dioxide to increase offshore oil recovery in the North Sea. Carbon dioxide (CO2) would be captured from power generation…
ONGC, SCI Enter MoU
Oil & Natural Gas Corporation Ltd. (ONGC) and Shipping Corporation of Indian (SCI) have entered into a memorandum of understanding (MoU) for setting up a joint venture…
Vice Adm. Allen Addresses Senate
The following is a statement, in its entirety, from Vice Adm. Thad W. Allen regarding his nomination to be commandant of the U.S. Coast Guard, given before the Senate Committee on Commerce…
Ulstein Design Wins Big in China
Bourbon has signed a contract with Zhejiang Shipbuilding Co. Ltd in China concerning the construction of four ULSTEIN P105 platform supply vessels. Ulstein Design…
Keppel to Build a Third Jackup for Awilco
Keppel FELS Limited (Keppel FELS) has secured a repeat order for a third KFELS B Class jackup rig from Awilco Offshore (Awilco) at US$146 million, via the exercise of an option agreement.
AAPA Testifies on Seaport Security
Kurt J. Coast Guard and Maritime Transportation. proposed business arrangement involving non-U.S. U.S. operating companies to operate port-owned facilities. of a merger or acquisition…
SHINEC Builds Interiors for RAON
The Shipbuilding Joint Stock Company (SHINEC) has won a $200,000 contract to build the interiors for five ships owned by the RAON group of the Czech Republic. The work…
German Group Explores Investing in Shipbuilding in WB
A group of German companies is exploring the possibility of setting up a shipbuilding and shipyard project in West Bengal with special emphashis at the port city of Haldia in East Midnapore district.
California – Ballast Water Management
The California State Lands Commission (SLC) issued a Letter to Shipping Agents stating that, effective March 22, it will commence enforcement of new Ballast Water Management Regulations.
Bourbon Offshore Buys Chinese Ships
Bourbon Offshore Norway AS is paying $52 million to China`s Zhejiang Shipbuilding Co. Ltd. for four platform supply ships. The Ulstein P105 vessels will be delivered…
ANSO to Host Annual Professional Development and Training Symposium
The Association of Naval Services Officers (ASNO) will host their 26th annual professional development and training symposium at the U.S. Merchant Marine Academy in Great Neck, N.Y., April 4-8.
Northport Fire Department Awards Moose Boats with Contract
Moose Boats, an aluminum boat manufacturer, has been awarded a contract from the Northport Fire Department, Northport, NY for a M2-33 outboard response boat. This is a 33.5 ft.
Aker Kvaerner Gets Contract for Arctic Bow Loading Systems
Aker Kvaerner has been awarded a contract with Samsung Heavy Industries Co. Ltd in South Korea for delivery of bow loading systems for three new shuttle tankers able to operate in arctic conditions.
Bocimar Expands Fleet, Buys 3 Ships
three capesize newbuilding vessels for a total purchase price of $188 million. 2005 - is obtained from Teh Hu (Hong Kong). dwt newbuilding that will be delivered in the third quarter of 2006.
