Appoints New Member to Advisory Board
The Panama Canal Authority (ACP) has appointed Nippon Yusen Kabushiki Kaisha (NYK Line) President Koji Miyahara as its newest Advisory Board member. This appointment…
General Dynamics Awarded $208m for 2nd LCS
The U.S. innovative, high-speed trimaran hull. environment, is scheduled for delivery to the Navy in July 2009. original contract was awarded in July 2003. of General Dynamics (NYSE: GD).
AIG Global to Purchase P&O's U.S. Marine Terminal Operations
On December 10, 2006, a member company of AIG Global Investment Group entered into an agreement in Dubai to purchase P&O Ports North America (POPNA) from P&O Holdings…
Seaboard Corporation Declares Dividend
stockholders of record at the close of business on December 21, 2006.
Construction Begins on New BC Ferries Vessel
BC Ferries announced that the keel-laying of a new 125-car intermediate size ferry took place at Vancouver Shipyards in North Vancouver. The event marked the beginning…
Domestically Built FPSO Launched in Shanghai
China's first-ever homemade 300,000 tonnage FPSO (floating production storage and offloading) vessel was successfully launched on Dec. 8 in Shanghai. The vessel…
Navy Christens USNS Alan Shepard
Military Sealift Command (MSC) advanced auxiliary dry cargo/ammunition ship USNS Alan Shepard (T-AKE 3) slides backwards into San Diego Bay during a christening…
Aker Kvaerner Awarded Contract with ConocoPhillips
ConocoPhillips has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services on the Norwegian Continental Shelf.
S. Korea's Shipbuilders Exceed $30b
According to Korea Herald, South Korea's top three shipyards won stronger-than-expected shipbuilding orders worth over US$30 billion in the first 11 months of the year on strong contracts…
TOP Tankers Posts $11M 3Q Loss
The Greek ship maker’s revenues grew 41 percent from $50 million to $70.6 million in compared to the same period a year ago. While revenue increased, it failed to…
Green Light for Offshore LNG
Stuck at the wrong end of North America's natural gas pipelines, Massachusetts has relied on boatloads of liquefied natural gas to supplement pipeline gas for more than 30 years.
VLCC Rates Start to Strengthen
According to reports, there are mixed messages being transmitted around the tanker market. The threat of further cuts in crude production by Opec is being brought…
Barge Owners to Investigate Accident
Reports said that the owner of the tugboat and barges that struck the Queen Isabella Memorial Bridge’s pier protective system and a concrete pillar along the Intracoastal…
Bureau Veritas to Make Improved Offer for GL
Bureau Veritas is preparing an improved offer for presentation later this week to the shareholders of Germanischer Lloyd, as it pushes ahead with its plan to combine…
