Foss Maritime to pay $1.1m for Oil Damage
Foss Maritime Co. will pay the Suquamish Tribe $1.1 million for environmental and spiritual damage caused by a 2003 oil spill near Edmonds, Snohomish County, reported by the AP.
Panama Canal Authority Releases Q1 Operational Metrics
The Panama Canal Authority (ACP) released first quarter (Q1) operational metrics today for fiscal year 2007. In Q1, there was an increase in net tonnage, total transits…
NSIPS Now Available Fleetwide
The Navy Standard Integrated Personnel System (NSIPS), a Web-enabled pay and personnel management tool, is officially available fleetwide. The final shipboard installation…
Fincantieri Orders Thordon Shaft Bearing Systems
Fincantieri has ordered Thordon seawater lubricated COMPAC propeller shaft bearing systems for a new 116,000GT cruise ship being built for Princess Cruises at the…
Navy Selects Firm to Negotiate for Largest Family Housing Privatization Project
The Department of the Navy selected GMH Communities Trust on Feb. 26 to enter into exclusive negotiations for the design, construction, management, and maintenance of affordable…
Hearing on USCG Budget
On March 8, the Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure will conduct a hearing on the…
Retired USCG Admiral to be Director of Executive Residence
The White House said that Rear Admiral Stephen W. Rochon, USCG, has been selected as the Director of the Executive Residence and Chief Usher. Source: HK Law
ACL Announces New Scheduled Barge Transportation Service
American Commercial Lines Inc. has initiated scheduled barge transportation service on major river segments. Approximately 80% of ACL's freight volume moves between Baton Rouge, LA and Cairo, IL.
Holland America Line Opens Rotterdam Office
From its start 134 years ago as a Rotterdam-based shipping firm, Holland America Line opened an office in Rotterdam. The Seattle-based cruise line returns by opening a sales and marketing office.
Ha Long Shipyard Begins Construction on 54,000-ton Freighter
Construction of a 54,000-toncargo ship worth $30m started on Feb. 27 by the Ha Long Shipyard in northeastern Quang Ninh province. The H172 freighter, to be built at an estimated cost of around $30m…
Bourbon Orders 46 Vessels
Bourbon ordered 3 series of modern offshore service vessels, 46 units for $730m from the Sinopacific shipyards in China (44 vessels) and West Atlantic Shipyard in Nigeria (2 vessels).
Houston Exploration Reports 2006 Results
The Houston Exploration Company reported full-year 2006 net income of $67.8 million, or $2.36 per diluted share. This compares with net income of $105.2 million…
BC Ferries Release 3Q Results
British Columbia Ferry Services Inc. (BC Ferries) announced its third quarter results for fiscal 2006/07 with a net loss of $1.8 million for the three months ended December 31…
Adyard Completes $ 5.5m Atlantis Contract
Adyard L.L.C has completed a contract from Atlantis Holding Norway AS a wholly-owned subsidiary of Chinese giant Sinochem Corporation. The $5.5m deal involved the fabrication…
First Call of the Hyundai Bangkok
Altenwerder in Hamburg. Europe Express Service). Busan, Kaohsiung, Hong Kong, Singapore and Rotterdam. takes 28 days. the Director of Hyundai Merchant Marine Deutschland GmbH, Jun Y.
Valhall Offshore Platform Contract to Aker Kvaerner
BP on behalf of the BP Licences has entered into final clarifications with Aker Kværner in a view to award contract for the steel substructure to the Valhall Re-Development Project in the North Sea.
AMSC Continues Sales Growth in Wind Energy Market
American Superconductor Corporation has received new orders for its D-VAR voltage regulation systems for wind farms in Northern Ireland and Texas. With these additional orders…
Cosgriff Assumes Command of NAVCENT
Vice Adm. Patrick M. Walsh, Commander, U.S. Naval Forces Central Command (NAVCENT) and Commander, U.S. 5th Fleet, was relieved by Vice Adm. Kevin J. Cosgriff in a ceremony Feb.
