NOAA Vessels to Moor in Seattle
The Port of Seattle announced that the National Oceanic and Atmospheric Administration (NOAA) will moor vessels in Seattle this winter. The agency announced that…
Governor Announces First Innovation Partnership Zones
Governor Chris Gregoire announced the designation of 11 Innovation Partnership Zones in Washington, geographic areas that will promote and develop the state’s regional economies.
Tsakos Energy Navigation Announces 3Q Profits
Tsakos Energy Navigation Limited (TEN) (NYSE: TNP) reported financial results (unaudited) for the third quarter and first nine months of 2007. Net income was a record…
Trico to Launch Offer for All Shares of Active Subsea ASA
Trico Marine Services, Inc. (NASDAQ: TRMA) and Active Subsea ASA (NOTC: ASUB) announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.
W&T Offshore Reports 3Q Results
W&T Offshore, Inc. (NYSE: WTI) announced its financial and operational results recently. Net income for the third quarter of 2007 was $36.3m, or $0.48 per diluted share…
Drydocks World Sets up New Group
Drydocks World, a subsidiary of Dubai World, has announced that it has successfully completed the setting up of a new group under its umbrella. Geoff Taylor, CEO of Drydocks World…
Pemex to Invest $470M in Oil Technology
Mexico plans to invest $470m in technological development to aid its oil and gas search over the next five years, state-owned energy company Pemex said recently according to a Reuters report.
McDermott International Announces 3Q Results
McDermott International, Inc. (NYSE:MDR) reported net income of $140.4m, or $0.61 per diluted share, for the 2007 third quarter, compared to net income of $102.7m…
Garware Offshore to Acquire Barge for $25M
Diversifying services from its core business of leasing out ships for oil and gas exploration, Garware Offshore Services Ltd. is acquiring a construction barge from a Chinese manufacturer for $25m.
Tanker Operators Gain Access to Real-time Port/Terminal Info
INTERTANKO members now have access to near real-time information about the terminals their ships plan to visit, since the Association’s Terminal Vetting Database is now hosted on the Q88.com website.
TBS International Ltd. Acquires Multipurpose Tweendecker
TBS International Limited (NASDAQ: TBSI) announced that it has entered into an agreement to acquire the M.V. African Sanderling, to be renamed the M.V. Hopi Princess…
California Air Resources Board to Host Meeting
The California Air Resources Board (CARB) is hosting a meeting in Sacramento on November 9 to discuss the proposed at-berth ocean-going vessels regulations (popularly known as cold-ironing).
Port Workers Begin Enrollment for Federal Port Security Credential
Port workers, longshoremen, truckers and others at the Port of Oakland will become the first in the region to enroll in the Department of Homeland Security's Transportation…
Container Vessel Damages San Francisco Bay Bridge
The U.S. Coast Guard received a report of a container vessel Cosco Busan allision with the San Francisco Bay Bridge. The vessel was out bound with a pilot onboard at the time of the allision.
USCG & TSA to Discuss TWIC Reader Hardware
The US Coast Guard issued a notice stating that it and the Transportation Security Administration (TSA) will host a meeting in Washington, DC on November 19 to discuss…
Ocean Shipping Consultants Release Container Ports and Terminals Report
and summarizes the major strategic issues facing the market. latest demand projections. The study details forecasted demand growth by region; the impact of new industry structures…
This Day in Navy History
Nov. 08: 1861 - Capt. Charles Wilkes seizes two Confederate diplomats from the British steamer Trent, causing an international controversy with Great Britain (known as the Trent Affair).
Andrasick, Arntzen and Reinhart Receive AOTOS Awards
(L to R): Arntzen,Reinhart and Andrasick. United Seamen's Service (USS) to James S. Shipholding Group, Inc. and John F. Line, Limited. Towers. Vice Admiral Vivien S.
Study: Shipping Cited in Pollution-Related Deaths
While the international shipping industry already is under acute pressure to reduce emissions, a new study – which claims that worldwide 60,000 deaths each year…
$100 Oil: Driving Deepwater Oil Services Boom
Deepwater is one of the few areas where good prospects of major oil finds still remain, and these are mainly outside the control of OPEC. In a note to clients today…
