Kleven to Build Six for Siem Offshore
Norway’s Kleven Maritime won a $477m contract to build six ships for Siem Offshore. The shipyards will deliver six, 292-ft. (91m) long anchor handling tugboats during 2009 and 2010…
Aker Releases 3Q Results
Aker Yards ASA reported an EBITDA of NOK 304 million for the third quarter of 2006, an increase of 7.8 percent compared with the third quarter of 2005. Challenges…
Kirby Reports Record 3Q
Kirby Corporation announced record net earnings for the third quarter ended of $25.6m or $.48 per share, compared with $17.2m or $.34 per share, for the third quarter of 2005.
DHS Awards $113min Port Security Deals
The U.S. Department of Homeland Security's Domestic Nuclear Detection Office on awarded $113m in contracts to five companies for human portable radiation detection…
MarAd Issues Notice onLNG DWP Application
The Maritime Administration (MarAd) issued a notice stating that the final environmental impact statement for the Northeast Gateway Energy Bridge liquefied natural…
Germanischer Lloyd Inaugurates Office Facilities in Dalian
With an open day and a ceremonial dinner Germanischer Lloyd has opened its new office facilities in Dalian last week. More than 150 representatives of new building and repair shipyards…
Boxship Body for Rensen Shipbuilding Launched
On October 26, 2006 the Astrakhan-based Lotos Shipyard incorporated into the group of companies Maritime, Oil and Gas Projects launched the hull of the river-going boxship of Marina" type.
Telenor to be Acquired by Apax
Telenor entered into a definitive agreement with Apax Partners France for the sale of Telenor Satellite Services (TSS) to funds managed by Apax Partners for a cash consideration of $400m.
GL Opens Dalian Office
Pictured is Mr. congratulated Germanischer Lloyd Dalian on the occasion. Purpose Vessels. With an open day and a ceremonial dinner Germanischer Lloyd has opened…
Telenor Satellite Services to be Acquired
On October 25, 2006, Telenor entered into a definitive agreement with Apax Partners France for the sale of Telenor Satellite Services (TSS) to funds managed by Apax Partners for $400 million.
ABB Wins Orders Worth $100m
ABB, a power and automation technology group, signed contracts worth more than $100 million in September to supply Azipod propulsion, power generation and distribution systems for four new vessels…
Coast Guard Offers Resources on Hazardous Materials
The United States Coast Guard has published a free resource CD-ROM that brings comprehensive chemical information to the fingertips of fire and safety service personnel…
ConocoPhillips 3Q Profit Edged Up
According to reports, ConocoPhillips on posted a 2 percent rise in third-quarter profit on increased production and slightly higher sales. The company posted net…
Waterways Council, Inc. Names New Officers and Directors
At its Annual Meeting held October 18 in Nashville, the Board of Directors of Waterways Council, Inc. (WCI) elected the following officers and Executive Committee members for 2006-2007: Mark Knoy…
Port Security: There's More to it Than Containers
that exotic weapons -- nuclear, chemical or biological -- do not enter the United States. But that issue, while important, is only one of many in port security.
Tampa Bay Coast Guard Tests Pollution-Recovery System
Coast Guard personnel from Sector St. Petersburg, along with members from Port Manatee and Tampa Fire and Rescue, conducted a pollution-response exercise at the Port of Manatee in Palmetto…
NZ Releases Cook Strait Ferry Review
Maritime New Zealand released the Cook Strait Ferry Review. The review was undertaken due to an increase in the number of marine casualties and near misses by ferries transiting Cook Strait.
ACL Profit Grows
According to reports, American Commercial Lines Inc.'s third-quarter net income rose to $28.4 million, or 90 cents per share, from $3.5 million, or 15 cents per share, a year earlier.
S. Korea's Shipbuilding Orders Hit High
Combined orders received by South Korea's shipbuilders reached a record $12.4b in the third quarter of the year, reports said. The tally represents a 106.4 percent gain as measured in dollars…
Kleven Maritime to Build Six for Siem
Norwegian shipbuilding group Kleven Maritime AS won a $477m contract to build six ships for Siem Offshore, the companies announced. Kleven said the contract shared…