Star Cruises Unit Sells $1b Stake to Apollo
Star Cruises Ltd unit NCL Corporation Ltd (NCL) is selling a 50 percent stake to a global private equity group, Apollo Management LP, for $1b. Star Cruises said…
Gladding-Hearn Co-Founder Dies at 87
Richard C. “Dick” Hearn, who co-founded Gladding-Hearn Shipbuilding, died July 3rd at his home in Arizona. He was 87. Born in London, Mr. Hearn emigrated to the U.S. with his family at the age of six.
This Day in Naval History - Aug. 21
1800 - U.S. Marine Corps Band gives its first concert in Washington, D.C. 1883 - Installation of the first electric lighting on a U.S. Navy Ship completed on USS Trenton.
CNOOC, Newfield Sign PSC Contracts
China National Offshore Oil Company Limited (CNOOC Ltd) announced Wednesday that its parent China National Offshore Oil Corporation (CNOOC) has signed two production…
Genco Takes Delivery of First Capesize Vessel
Genco Shipping & Trading Limited announced that it has taken delivery of the Genco Augustus, a January 2007-built 180,000 dwt Capesize vessel. The Genco Augustus…
Seadrill Gets Contract for West Aquarius
Reference is made to the Letter of Intent disclosed to the Oslo Stock Exchange July 10, 2007 regarding the assignment awarded to the ultra deepwater semi-submersible drilling unit West Aquarius.
Singapore Takes Part in SEACAT Naval Exercise
The Singapore-leg of the annual Southeast Asia Cooperation Against Terrorism (SEACAT) exercise started here on Monday with the participation of the navies from the countries such as Singapore…
Awilco Offshore Awarded Contract for Operation Offshore Vietnam
Awilco Offshore through Premium Drilling has entered into a Contract with Premier Oil Vietnam Offshore BV (Premier) for the jack-up drilling rig, WilBoss. The contract…
Pacific, Atlantic Strike Teams Assist EPA at Former Mercury Mine Site
Members of the Pacific and Atlantic Strike Team deployed Sunday to assist the Environmental Protection Agency at a former mercury mine in Cottage Grove, Ore. The…
Mesa Verde Completes Trials
effort involving the U.S. Navy and Northrop Grumman. ship sailed the Gulf of Mexico from Aug. 13 to 16. requirements. communications, steering, navigational, radar and other systems.
Phoenix Announces Term Charter Agreement
Phoenix International, Inc., (Phoenix) announced today that it has signed a term charter agreement for the M/V ANNE CANDIES. The agreement includes options until August 2012.
First of GPA-654 Supply Vessel Delivered by Bollinger
The first of 10 new Rigdon GPA-654 platform supply vessels, appropriately named First and Ten, has been delivered from Bollinger Shipyards in Louisiana. Another…
Paragon Takes Delivery of Two Vessels
Paragon Shipping Inc. it has completed the acquisition of two of the three drybulk carriers that it contracted to acquire using the net proceeds of its recent public…
Euroseas to Release Second Quarter 2007 Results
Euroseas Ltd. , an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced…
Smit Reports Growth
In the first half of 2007 the Division won two major long-term contracts. A 25-year contract will be carried out in a joint venture involving the provision of 4 tugs for an LNG terminal in Italy.
Nimitz Concludes Valiant Shield 2007
An HH-60H Seahawk helicopter flies past the Nimitz-class aircraft carrier USS Nimitz (CVN 68) during a joint photo exercise (PHOTOEX) concluding Valiant Shield 2007.
Dignitaries Visit Panama Canal
Brazilian President, Luiz Inácio Lula da Silva in the company of President Martín Torrijos and the Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán…
Telenor Activates 3000th BGAN Terminal Activation
Telenor Satellite Services, a subsidiary of Telenor of Norway announced that the company has activated its 3000th Broadband Global Area Network (BGAN) terminal.
Gulf Companies Brace for Hurricane Dean
Oil and natural gas producers were evacuating offshore workers and shutting small amounts of production over the weekend as they watched powerful Hurricane Dean…
Man-Made Island Proposed for LNG Terminal
regulations. on natural gas shipped up from the Gulf Coast some 1,200 miles away.