ACL Closes the Sale of its Venezuelan Operations
American Commercial Lines Inc. (ACL) announced that it has closed the previously announced sale of its interest in ACBL Venezuela, LTD and GMS Venezuela, C.A. .…
GL Appoints New VP
The new Vice President Division East Asia of Germanischer Lloyd is Dr Volkmar Wasmansdorff. As a process engineer with considerable professional experience in Asia…
SAC: Canada Shipbuilders Seek New Strategy
Canada needs a new shipbuilding strategy that will help domestic firms become more globally competitive, says the president of the Shipbuilding Association of Canada (SAC).
USACE May Recover Reasonable Overhead
The US Court of Appeals for the Eighth Circuit ruled that, where the US Army Corps of Engineers undertakes to repair a lock and miter gate damaged by a tug and barge…
Lower Willamette River Dredged Material Management Plan
The US Army Corps of Engineers issued a notice stating that it intends to prepare an environmental impact statement for the Lower Willamette River dredged material management plan.
Baker Hughes Announces 3Q Results
Baker Hughes Incorporated announced that income from continuing operations for the third quarter 2006 was $358.6 million or $1.09 per diluted share compared to $220.6…
Rolls-Royce Wins $112.5m Offshore Deal
Rolls-Royce has won its largest ever marine order in the Offshore industry in a deal worth around $112.5m. Farstad Shipping has ordered four new anchor handling…
Lockheed Martin Awarded Navy Contract
Lockheed Martin Corporation, Mitchel Field, N.Y., is being awarded the options contained in contract N00030-06-C-0005 in the amount of $38,517,085 for FY07 US/UK…
Northrop Grumman Awarded $71.4m Contract Modification
Northrop Grumman Newport News Shipbuilding, Newport News, Va., is being awarded a $71,452,262 cost-plus-fixed-fee modification under previously awarded contract (N00024-06-C-2105) for planning yard…
Theodore Roosevelt Marks 20 Years
A ceremony honoring the 20th anniversary of the commissioning of the Norfolk-based aircraft carrier USS Theodore Roosevelt (TR) (CVN 71) took place in the ship’s hangar bay Oct. 25.
Dolphin Offshore Sails on Bonus Issue
Dolphin Offshore hit 10 percent upper circuit of Rs 347.15 till the closing hours of trading with nine fold increase in volumes of 18,190 shares on the BSE after…
RasGas LNG Fleet Grows
RasGas has expanded its LNG fleet with the recent launch of two vessels at Daewoo’s shipbuilding yard in South Korea, GulfTimes reports. With the addition of Al Marrouna and Al Areesh…
Ferry Crew Rescues Three
A crew from the Bridgeport and Port Jefferson Steamboat Co. rescued three people who were clinging to their capsized boat and shaking in the 59-degree water. The…
Maine Maritime to Hold Celebration of Achievement
CASTINE, Maine – Maine Maritime Academy will honor its best and brightest at a ceremony to be held on the college campus in early November. The college will formally…
McAllister to Tow Intrepid
On Monday November 6th, McAllister Towing will move the aircraft carrier USS Intrepid from her home on the Hudson River at Pier 86 to Bayonne, NJ. The task of moving the massive 920 ft.
Sperry Marine to Supply S-VDRs for Teekay Vessels
Northrop Grumman Corporation has been selected to supply simplified voyage data recorders (S-VDR) for 59 Teekay Shipping vessels. Northrop Grumman’s Sperry Marine…
RI Firm Awarded Aicraft Carrier Support Contract
The Lightship Group, LLC (ASK Services) a Marine and Industrial Support firm located in Wickford, RI has recently been awarded a Navy Contract for Machinery Condition…
Aker Yards to build Four for Farstad
Aker Yards has entered into a contract with Farstad Shipping ASA for building of four AHTS Vessels with a value of approx $321m. The vessels to be built are 87.4…
Aker to Build four AHTS for Farstad
Aker Yards has entered into a contract with Farstad Shipping ASA for building of four AHTS Vessels with a value of approx $313.9m. The vessels to be built are 87.4…
Crew Rescued from Russian Ship
According to AP, Salvage teams have rescued 11 crew members from a Russian cargo ship that sank in stormy conditions in the Sea of Japan, while six others were still missing, officials said Wednesday.