Chevron Renews GAC Contract
Gulf Agency Company Ltd. (GAC), a global provider of shipping, logistics and marine services, announced the contract renewal with Chevron Shipping Company LLC (CSC)…
MTU to Build Engines in China
One year after the foundation was laid for the MTU Group’s new facility in the Chinese city of Suzhou, a ceremony marked the start of local assembly of MTU Series 2000 diesel engines.
Aker Yards to Build DSVs
Aker Yards has entered into a contract with DOF ASA for the building of one Diving Support Vessel (DSV), and a contract with DOFCON and Technip for a second DSV.
Technip Continues Plan to Rebuild Fleet
Technip has reached several new milestones in relation to its strategy to renew and develop the Group’s subsea construction fleet. Technip has signed agreements with Norwegian ship owner…
Marine Transport Lines RRF to Relocate S.C.
Charleston, S.C., effective July 1. is (843) 747-8045. for six U.S. Maritime Administration RRF vessels. Edmont at the former Charleston Naval Base. Jacksonville, Fla. Jacksonville, Fla., 32225.
Seacor Repowers Vessels
Conrad's aluminum manager Todd Babin shows the "tweaked" props. The 300-ton travel lift at Conrad Industries Morgan City facility is a major attraction to Gulf Coast crew boat operators.
MISC Orders Tankers
MISC Bhd has placed an order to build as many as four tankers, reports said. The contract value for the four 38,000 dwt carriers is estimated collectively to be in the region of $200m.
Daewoo Shipbuilding Wins Orders Worth $280m
Daewoo Shipbuilding and Marine Engineering said its shipyard in Romania has secured $280m worth of new orders to build four container ships for two German clients.
Aker Yards Secures Contracts for Diving Support Vessels
Aker Yards ASA said it won an order from DOF ASA for a diving support vessel (DSV), and a contract from DOFCON ASA and Technip for a second DSV. For DOF, Aker Yards…
Norman Mineta Submits Resignation
submitted his Letter of Resignation, effective July 7. reluctantly accepted the resignation. In his statement, President Bush said, Norman Mineta has served America with integrity…
Navy Teams with Army for Joint Humanitarian Exercise
Several units of the recently established Navy Expeditionary Combat Command (NECC) and Naval Beach Group 2 are participating in the combined DELMAR/Joint Logistics…
Vessel Runs Aground, Pulled Free
A 590-ft. cargo ship that ran aground has been pulled to deeper water and is being held offshore of Port Canaveral until it is safe to enter port. The Shenandoah Highway…
USCG Awards Response Boat-Medium Contract
The U.S. Coast Guard announced the award of the Response Boat-Medium production contract valued at approximately $600 million to Marinette Marine Corporation of Marinette, Wis.
Fuel Prices Drive Ferry Fares Up
Rising fuel costs may mean another fare hike for ferry riders. The Washington State Transportation Commission last week directed the ferry system to cover a $10…
Chinese Officials Observe U.S. Navy Exercise
After Chinese military officials observed a large-scale U.S. exercise, several of their American counterparts — on both sea and land — expressed interest in China returning the favor…
Government, Oil Majors Discuss Royalties
While some companies, such as Exxon Mobil, reportedly believe the lease contracts should be honored, others, including Shell, reportedly are open to a dialogue on the matter.
Coast Guard Responds to Freighter Taking on Water
Coast Guard rescue crews are on scene and assisting with the dewatering process of a 184-foot freight ship that was reported to be taking on water at 11:40 p.m.
Eagle Bulk Shipping Acquires 3 Ships
carriers for $105 million. charter at a rate of $18,750 per day. time charter at a rate of $19,000 per day. $18,500 per day. from the Company's $330 million revolving credit facility.
Horizon Offshore Prices Shares for Public Offering
Horizon Offshore, Inc. announced the pricing on June 22, 2006 of its public offering of 8,500,000 shares of the company's common stock at $20.53 per share. Company's recapitalization.
Aker Yards Enters Chem Tanker Market
Aker Yards signed an agreement with Kleven Maritime to acquire Kleven Florø AS, and Kleven Design AS. Both entities are located in Florø, Norway. The acquisition…