Danaos Corp. Debuts on NYSE
The shares of Danaos Corporation commenced trading on the New York Stock Exchange as of Friday, October 6, 2006. With a market capitalization of approximately $1.2b…
Kenyan Navy Gets Patrol Boats
Reuters has reported that the U.S. government on Friday gave the Kenyan Navy six boats to patrol its coastline and help combat terrorism. According to the report…
Teekay Increases Dividend by 14 Percent
Teekay Shipping Corporation announced that its Board of Directors has voted to declare a cash dividend on its common stock of $0.2375 per share, representing a 14…
NOL and APL Receive Industry Accolades
Neptune Orient Lines (NOL), and its container shipping subsidiary, APL, this week received top prizes at the Asia Logistics Awards 2006. NOL was lauded for Ethical…
George H. W. Bush Aircraft Carrier Christened
christened the nation's 10th and final Nimitz-class aircraft carrier, George H. W. Bush (CVN 77). President of the United States, George H. history to participate…
Oil Spill Training Conducted in Portland Harbor
The Navy vessel Keokuk participates in a multi-agency oil spill training exercise in Casco Bay, Maine, October 4 while a Coast Guard helicopter flies over the area…
Ezra Holdings Wins $262.7m Charter Contract
Ezra Holdings was awarded a 4-year contract from an oil major to charter its Floating Production, Storage and Offloading, or FPSO facility. The charter contract…
Coast Guard Crews to be Honored
Two North Carolina Coast Guard crews will be recognized at the annual Coast Guard Foundation Salute to the Coast Guard awards ceremony in New York. Lt. Cmdr. Donald E. Bader, Lt.j.g. Audie J.
Cruise Ship Briefly Held for Security Check
According to CBC News, a security breach aboard a cruise ship visiting St. John's resulted in passengers being forced to disembark while crews searched the vessel.
Port Security Improvement Act of 2006
The official text of the Port Security Improvement Act of 2006 (H.R. 4954), which was passed by Congress just before its recent recess, has been posted on the Internet.
Peters Sworn in as Sec of Transportation
Mary E. Peters has been sworn in as the Secretary of Transportation, after having been confirmed by the Senate prior to its recess. Source: HK Law
HAL Converts More Ships to Solvent Free Solutions
Winning Brands Corporation announces that Holland America Line is expanding the use of the Winning Brands' Solvent Free Solutions Team to replace conventional Dry Cleaning systems on two more ships…
Aker Kvaerner Awarded Contract with Daewoo
Aker Kvaerner has been awarded a contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea for delivery of drilling facilities for an ultra deepwater…
Hyperdynamics Moves Forward to Drilling Offshore Guinea
Hyperdynamics has contracted with Applied Drilling Technology, Inc. (ADTI), a wholly owned subsidiary of GlobalSantaFe, to provide a detailed assessment of drilling infrastructure…
Australian Warships to Visit Philippines
Two warships of the Royal Australian Navy are due to arrive in Manila on Friday for a weeklong joint training with their Philippine counterparts, said the Philippine Navy Thursday.
Jacobs Acquires Engineering Firm
Jacobs Engineering Group Inc. has acquired W.H. Linder & Associates, Inc., an upstream/offshore engineering firm based in Metairie, La.; and Houston, Texas. Officials…
Hapag-Lloyd Expanding Service to West Africa
The Hamburg-based shipping line Hapag-Lloyd is increasing its involvement with West Africa. It is establishing its own service linking Dakar and Tema in West Africa and Hamburg…
Vinashin Posts Revenues
According to reports, Vietnam Shipbuilding Industry Corporation (Vinashin) reported an output value of over $567m and revenues of over $351m in the first nine months of 2006.
MSD 71 Completes Tour Aboard Oil Platforms
Mobile Security Detachment (MSD) 71 concluded a successful six-month deployment here Oct. 1, in which it provided security for Iraq’s Al Basrah (ABOT) and Khawr Al Amaya (KAAOT) oil terminals.
Port Security Bill Passes
Congress has approved a homeland security bill with measures that increase port security and that emphasizes Wi-Fi wireless solutions, according to WiFi Wireless…
