Teekay Acquires 50.3 Percent Shares of PetroJarl
Teekay Shipping Corporation announced that it has acquired, through its wholly owned subsidiary TPO Investments AS, 50.3% of the shares of Petrojarl ASA (Petrojarl)…
Evaluation of DHS information Security Program
The Office of the Inspector General (OIG) of the Department of Homeland Security (DHS) released its evaluation of the DHS information security program. It found…
ACP Presents Expansion Proposal at Conference
The Panama Canal Authority (ACP) presented its expansion proposal at the Caribbean Shipping Association’s (CSA) 36th Annual General Meeting, Conference and Exhibition…
Northrop Grumman Enters Surveillance Competition
Northrop Grumman Corporation announced plans to compete for and capture the U.S. Navy's newest maritime surveillance program. The company will propose a maritime…
FTC Clears Maritrans Deal
The Federal Trade Commission has cleared the $455 million purchase of Maritrans Inc. by Overseas Shipholding Group. New York-based Overseas Shipholding announced…
Tesoro Charters Two from OSG Tankers
Overseas Shipholding Group announced that time charter agreements have been signed for two more Jones Act commercial product tankers being built at the Aker Philadelphia Shipyard.
ABS Creates Black Sea Technical Advisory Committee
More than 40 representatives from the shipping industry attended the inaugural meeting of the ABS Black Sea Technical Advisory Committee in Istanbul last week. The…
Galbraith’s Predicts Growth in Demand for Suezmax Tankers
Shipbroker and consultant Galbraith's Ltd says that demand for Suezmax tankers is expected to grow strongly in the next five years in line with large-scale expansion…
Operating Costs Hit by Insurance and Crew Expenditure
per cent in their total operating costs, compared to the previous year. crew costs. to upgrade their ships. bulk carrier sector. keep a tight rein on costs. overall 1.2 per cent on the previous year.
CapRock Wins Tiburon Divers Contract
Tiburon Divers, a commercial diving company servicing the inland and offshore sectors, has signed an agreement with CapRock Communications to outfit its entire fleet with a communications package.
Matson Decreases Fuel Surcharge by One Percentage Point
As a result of recent declines in bunker fuel prices, Matson Navigation Company will lower its fuel surcharge in its Hawaii, Guam/CNMI and Micronesia services by one percentage point…
JHD Names New Managing Director
Jakob Hatteland Display (JHD) has named Tomm-Erik Johannessen, as managing director of its daughter company, Hatteland Technology. Johannessen, an IT professional…
Machine Gun Fire Suspended on Great Lakes
The U.S. Coast Guard has suspended its machine-gun exercises on the Great Lakes. The coast guard plans to set up 34 live-fire zones in the Great Lakes so its crews…
Scientists to Simulate Arctic Spills
According to CBC, a group of Arctic oil spill experts who recently met in Halifax say they plan to create artificial spills in northern waters to learn how to clean them up.
BAE, VT Group Resume Merger Talks
The assets that are expected to be merged include BAE's yards at Barrow-in-Furness, Scotstoun and Govan on the Clyde, and VT's dock in Portsmouth.
Partial Closure of Kealakekua Bay After Earthquake
On October 15, 2006 an earthquake impacted the Hawaiian Islands resulting in falling rocks along the coastline. These falling rocks present a safety hazard to users of Kealakekua Bay.
Eleven Companies Seek to Buy Tug Malta Share
According to Di-ve news, Malta’s Ministry for Investment, Industry and Information Technology (MITI) announced that the process for the sale of the Government 73.72%…
Ambassadors Acquires Columbia Queen
Ambassadors International, Inc. announced that its wholly-owned subsidiary, Ambassadors Cruise Group, has acquired the 150-passenger river cruise ship, Columbia Queen. Line fleet.
Tanker for Sovcomflot Delivered
STX Shipbuilding delivered the new product tanker, SKF Neva, to Sovcomflot JSÑ. The first product tanker of the series, the keel was laid on May 30, 2006. The 600 x 106 ft.-tanker is 46.520 tons dwt.
Bergesen Signs Contract for FPSO
Bergesen Worldwide Offshore Ltd (BWO) has signed a contract with Peak Petroleum Industries Nigeria Ltd and Equator Exploration Ltd for the use of an FPSO at the Bilabri Field…
