Aker Yards Delivers Missile Boat
A missile boat in the Hamina class ā dubbed Pori and the last in the series of four built at Aker Yards, Rauma, was delivered to the Finnish Navy. The four vessels form the Navy s new "Squadron 2000".
OSG to Time Charter Product Carriers
Overseas Shipholding signed agreements with subsidiaries of Cido Tanker Holding to timecharter a pair of product/chemical carriers for 10 years. The 47,000 dwt shipsā¦
CMB Continues Fleet Rejuvenation
CMB confirmed that its subsidiary, Bocimar and Wah Kwong, have sold the panamax vessel Yasmine Venture (2006 - 73,546 dwt) - ordered in joint venture in 2003 from Jiangnan (China) - to Diana Shipping.
ZF Establishes Joint Venture in China
At the headquarters of ZF Friedrichshafen AG, the management of ZF and of Nanjing Highspeed & Accurate Gear (Group) Co. Ltd. (NGC) signed a contract to establish the ZF Nanjing Marine Propulsion Co.
Surcharge on Antifoulings as Copper Price Spikes
Following the announcement in February that unprecedented raw material costs had created a dramatic new cost base for the marine coatings market, the continued recordā¦
Jotun Announces Strong Results
The Jotun group has four profitable months behind it and concludes the period with higher turnover, higher volumes and higher profits than for the same period in 2005.
BC Ferries Gets $68m for Sinking
BC Ferries reportedly received $67.9 million in insurance compensation for the sinking of the Queen of the North earlier this year, www.canada.com reported. Theā¦
Ship Launch Foiled by Hot Weather
Hot weather was the main reason that caused the hang-up of a 10,500 ton ship during its attempted launch at the Bach Dang Shipbuilding Industry Company in the northernā¦
Madagascar Drilling in ā07
ExxonMobil reportedly sees exploratory drilling operations off the northwest coast of Madagascar getting under way in 2007, Reuters reported. The oil giant has interestsā¦
Lead Ship of T-AKE Class Delivered
General Dynamics NASSCO delivered the USNS Lewis and Clark (T-AKE 1) to the U.S. Navy. The ship is named after Captains Meriwether Lewis and William Clark, who ledā¦
Intergraph, LR to Team on Ship Interface
Intergraph Corporation reached an agreement with Lloyd's Register to build an interface between Intergraph's IntelliShip multi-discipline ship design software, andā¦
Chemoil Completes Acquisition
Chemoil has fully acquired Allround Fuel Trading Chemoil B.V. (AFT). Chemoil had previously acquired a fifty percent stake in AFT during 1998 and recently announcedā¦
Godmother Chosen for Costa Concordia
Supermodel Eva Herzigova will be the godmother of the Costa Concordia, the new flagship of the Costa fleet, which will be christened on July 7 in the Port of Romeā¦
New Patrol Vessel for Falklands
The ship that is to replace both the Castle-class ships, for patrol duties in Falklands waters, was launched last week. HMS Clyde is a River Class design with aā¦
Two Coastal Mine Hunters Decommissioned
Two Osprey-class coastal mine hunters were decommissioned June 15 in formal ceremonies at Naval Station Ingleside, Texas. USS Osprey (MHC 51), the lead ship in the Osprey-classā¦
Jamaica Joins Container Security Initiative
help thwart smuggling of nuclear and other radioactive material. was co-signed by U.S. Department of Energy's National Nuclear Security Administration (NNSA). stopā¦
ACL Shares Spike in Premarket Trading
Shares of American Commercial Lines Inc., a barge operator, spiked in premarket trading after the company raised its 2006 outlook on pricing strength and improved efficiency benefits.
Port to Purchase Intrusion Barriers
Tampa Bay Business Journal has reported that the Tampa Port Authority has received a $1.3 million grant from the Department of Homeland Security that will be usedā¦
MarAd Approves Ship Sales and Transfers
The Maritime Administration (MarAd) has approved three vessels sale and transfer under section 9 of the Shipping Act, of 1916, as amended. MarAd has given approval to Industrial Resourcesā¦
Scuttling Creates Refuse Leading to Prosecution
The US Attorney for the District of Massachusetts stated that a local man who scuttled his fishing boat off the coast of Gloucester was prosecuted for violation of the Refuse Act of 1899.
