Forest to Acquire Houston Exploration in $1.5b Deal
Forest Oil Corporation has entered into a definitive agreement to acquire 100 percent of the outstanding stock of The Houston Exploration Company in a stock and…
Tianjin Standardizes on PTC Shipbuilding Solutions
PTC, the Product Development company, and Tianjin New Harbor Shipyard jointly announced that Tianjin New Harbor Shipyard has expanded its use of PTC Shipbuilding Solution…
Navy Sub and Merchant Vessel Collide
The Navy issued a report in response to the collision involving a Navy submarine and merchant vessel. According to the Navy's report, no U.S. sailors or merchant crew were injured when a U.S.
Manitowoc Acquires Rights to Mobile Industrial Crane
Manitowoc Crane Group has acquired the Carrydeck line of mobile industrial cranes from privately held Marine Travelift, Inc. of Sturgeon Bay. Terms of the agreement were not disclosed.
USS Newport News Collides With Oil Tanker
The USS Newport News, a Norfolk,Va.based submarine collided with a Japanese oil tanker late Monday night. The Navy was reporting that all 127 members of the USS…
Keppel On Track for First Delivery of 2007
Keppel Offshore & Marine Limited (Keppel O&M) maintains its track record of on time, on budget deliveries with its first completion in 2007. Through its wholly-owned subsidiary…
Transport Canada Selects EMS Satcom
EMS Satcom, a division of EMSTechnologies, Inc. reported that Transport Canada has selected the EMS SATCOM eNfusion Broadband high-speed data system to enhance marine…
Maersk Line Launches Asia-Europe Network
Maersk Line is pleased to announce our improved Asia - Europe network, which we will launch in April 2007. The new Asia - Europe network is a result of the ongoing…
Another Utility Vessel for Supreme Service
The Fanguy brothers are optimistic about the ongoing demand for versatile off shore supply vessels in the Gulf of Mexico. Last summer their Supreme Services Inc.
GE Acquires Vetco Gray for $1.9b
GE inked an agreement to acquire Vetco Gray for $1.9b from Candover, 3i & JP Morgan Partners. The closing of the transaction, which is subject to conditions including the receipt of governmental…
Aquabus Aims for Dubai Contract
Waterbuses signed by Welshmen could soon be ferrying the population of Dubai around. Aquabus Water Transport Solutions of Cardiff is competing to win the contract…
USS Bataan Deploys in Support of MSO
The multipurpose amphibious assault ship, USS Bataan (LHD 5), departed her homeport Jan. 4 as the flagship of the Bataan Expeditionary Strike Group (ESG) for a regularly…