Boeing UUV Indicates Compatibility, Utility with Navy Subs
Boeing has completed a second round of at-sea tests of its Long-term Mine Reconnaissance System (LMRS), a 20-foot unmanned underwater vehicle (UUV) designed to be launched…
TOP Tankers to End Quarterly Dividends
Oil and petroleum shipping company TOP Tankers Inc. said Thursday it will stop paying regular quarterly dividends, but said its board declared a special dividend of $2.50.
BIDV Signs Credit for Oil, Chemical Tankers
The Bank for Investment and Development of Viet Nam’s Hai Phong branch has signed a credit guarantee with Pha Rung Shipbuilding Co for the construction of four oil…
Fire on Russian Tanker Extinguished
Fire on the Russian tanker Jivanna at the Kaliningrad shipyard Yantar has been localized and extinguished, Itar-Tass reported. It took fire fighters almost seven…
Young Brothers to Invest in Boats, Barges
Hawaii's largest provider of interisland cargo transportation is planning a major multi million-dollar upgrade. Young Brothers Ltd. said it will invest $186m over…
Chinese Navy Completes Anti-Terror Drill
The Chinese Navy held its first anti-terror drill in the port city of Qingdao to test its capabilities in dealing with possible terrorist attacks using chemical…
Navy Aims to Stall Submarine Deal with Taiwan
Last summer, the U.S. Navy billed the Taiwan government $2.5m to cover the cost of a little-known operation dedicated to helping Taipei close a ground-breaking arms…
Weaver's Cove Offers Plan for LNG Shipments
Weaver's Cove Energy plans to use liquefied natural gas transports that are even smaller than the second set of vessels it specified in recent updates to its proposal…
Hess LNG, USCG Analyze Use of Smaller Tankers
Hess LNG has agreed to give the U.S. Coast Guard more information on its plan to use smaller than anticipated tankers to deliver liquefied natural gas to its proposed Taunton River import terminal.
Washington’s Ferry Plan Calls for $400M
State ferry authorities say population and job growth in the central Puget Sound area are expected to reverse a recent trend and increase ridership on their vessels…
House Panel Leader: Fate of U.S. Shipyards Uncertain
The chairman of a key House subcommittee rang alarm bells on April 5 over the state of the U.S. shipbuilding industry, saying there are too many shipyards chasing too little work.
Korean Shipyards Dominate 2005 Value Market
South Korea's shipyards dominated the world's high-value-added ship market last year, the Korea Times reported. South Korean shipbuilders clinched an average 59.3 percent of the orders…
NOAA Drafts Contracting Policy on Hydrographic Services
The National Oceanic and Atmospheric Administration (NOAA) issued a Notice stating that it has drafted an updated contracting policy for hydrographic services. The…
Coast Guard Hosts Homeland Security Exercise
The U.S. Coast Guard and the Transportation Security Administration (TSA) hosted a port security exercise on April 5 at Coast Guard Sector New York on Staten Island to evaluate preparedness…
ROK, India, Sri Lanka Sign Agreement Against Piracy
The Republic of Korea (South Korea), India and Sri Lanka signed the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP).
Aker Yards to Build PSVs for Nordcapital
Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany and Aker Yards has signed an agreement to build four Platform Supply Vessels (PSVs) of the type UT 755 LN at Aker Yards in Norway.
Aker Yards to Build PSV for Island Offshore
Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel.
U.S., ROK Navies Perfect Warfighting Skills
Personnel and units of the U.S. military and Republic of Korea (ROK) Combined Forces Command (CFC) conducted their annual combined and joint exercise, Reception…
Senate Approves FY 2006 Emergency Supplemental Appropriations Bill
The American Association of Port Authorities (AAPA) praised the U.S. Senate Appropriations Committee for approving the FY 2006 Emergency Supplemental Appropriations bill…
South Korean Shipbuilders Profit from Mideast Orders
South Korean shipbuilders and construction companies are enjoying benefits from profitable orders from overseas, particularly Mideast countries that have huge currency…
