Lockheed Martin Acquires PAE
Lockheed Martin Corp. acquired Pacific Architects and Engineers Inc., which provides services supporting military and peacekeeping missions worldwide. Terms of the cash transaction were not disclosed.
Rickmers-Linie Appoints Korea Maritime
Rickmers-Linie GmbH & Cie. KG, the German based global breakbulk, heavy lift and project cargo specialist, has appointed Korea Maritime Co.,Ltd., Seoul as its new…
L-3 Gets Navy Contracts
According to the AP, L-3 Communications Holdings Inc., has received two contracts with the U.S. Navy for $39.4m to extend service on five ships. The service life…
Lockheed U.K. Unit Wins Contract from Royal Navy
AFX has reported that Lockheed Martin Corp said its British unit, Lockheed Martin U.K., has been awarded a seven-year contract by the U.K. Royal Navy to upgrade…
Foss Maritime Acquires Harbor Marine Group
Foss Maritime Company will acquire Harbor Marine Group Inc., a full service Seattle-based naval architecture and marine engineering consulting firm. Along with their existing suite of services…
Umoe Announces Strategy for Schat-Harding
Plans by the Norwegian group, Umoe Industri, to merge its lifeboat and davit subsidiary Umoe Schat-Harding with Bergen-based equipment manufacturer TTS Marine ASA have been cancelled.
ACL Announces Appointments and Promotions
American Commercial Lines Inc. has appointed Sam George to the position of vice president of environmental compliance, James L. Adams to the position of Vice President…
Chevron Strikes Big in Deepwater GOM
Chevron Corporation reported that it has completed a record setting production test on the Jack #2 well at Walker Ridge Block 758 in the U.S. Gulf of Mexico. The…
Cargill Takes stake in RightShip
The ship vetting company RightShip Pty Ltd confirmed that Cargill has acquired a one third stake in the company. Shares were sold in equal amounts by founding partners, BHP Billiton and Rio Tinto.
Blank Rome and Healy & Baillie to Join Forces
Blank Rome LLP and Healy & Baillie, LLP will combine their practices as of October 1, 2006. Healy & Baillie is ranked as one of the leading maritime law firms in…
Crowley to Build Four More 185,000 - Barrel ATBs
The Pacific Reliance and 185,000 - bbl tank barge 650-1 (shown here) were christened in March of 2006. The tug for the second vessel of this type - the Gulf Reliance - has been delivered…
New Bedford Waterfront Festival Set for Sept. 23-24
Join New Bedford, Mass., September 23 & 24, 2006, to celebrate America's largest commercial fishing port, to learn about the men and women who harvest the North Atlantic.
Demand for Ships in China to reach 31m DWT
According a new report on China’s shipbuilding industry from Research and Markets, from 2006 to 2010, the total demand for ships in China will reach 31 million dead weight tons (DWT)…
Shipbuilders Struggle Over Steel
Shipbuilders and Japanese steelmakers are struggling to hammer out the differences on steel plate prices as the sellers insist on a 17 percent raise to $680 per metric ton.
Austal teams with GL
Australian fast-vessel builder Austal Ships Pty Ltd. partnership with the classification society Germanischer Lloyd. The agreement was extended for the fourth time in the last eleven years.
AAPA Calls for “Continued Progress” in Port Security
In the nearly five years since 9/11, America’s seaports and the federal government have joined forces to make major gains in fortifying and hardening port facilities against intruder attack.
Port of San Francisco Develops New Physical Security Plan
Embarcadero Systems Corporation (ESC) won a contract to develop physical security plans, security technology and security plan implementation recommendations for…
New Tugs Offer Cutting Edge Capability
The two innovative Carousel combi-tugs being built in Malaysia for Dutch salvage and towage company Multraship could revolutionize tug design, without the need for expensive technology…
Maritime Vietnam 2006 Ready for November
With a few months to the show, Maritime Vietnam 2006 has lined up a range of special events. Organised by HQ Link Pte Ltd, Maritime Vietnam 2006 will take place…
Tugboat Celebrates 100
The tugboat Heinrich Ludwig was launched 100 years ago on September 4, 1906. Up to today, it is in daily use at the Port of Hamburg for Carl Robert Eckelmann AG.
