India Considers Pool for Oil, Gas Exploration
India has proposed forming a rig pool for state-run oil companies to avoid delays in oil and gas exploration. An adequate number of rigs could be considered for…
W&T Offshore 1Q Profit Drops
W&T Offshore Inc. first-quarter profit fell 77 percent, hurt by weaker product prices and higher lease operating costs. The company also cut its full-year production guidance…
Navy Awards General Dynamics $47m Contract
The U.S. Navy has awarded General Dynamics Electric Boat a $46.7mcontract to perform routine maintenance and modernization work on the USS Alexandria (SSN-757), a Los Angeles-class attack submarine.
Crowley to Launch Third Sailing in U.S. Gulf
Crowley Maritime Corporation announced that its liner services unit will add a third, weekly, fixed-day sailing effective May 18 between Gulfport, Miss. and the…
Oyster Enters Superyacht Market
According to Yachting World, two British yachting companies have teamed up to create a new range of series built Superyachts. Double Queen's Award yacht builder…
Sector and Individual Company Analysis of the Naval Architects Industry
Research and Markets has announced the addition of “Naval Architects Portfolio Analysis” to their offering. The Portfolio Analysis - Naval Architects is a comprehensive evaluation of the UK market.
USS Nimitz Strike Group Arrives in 5th Fleet
An F/A-18F Super Hornet, from the "Black Aces" of Fighter Attack Squadron (VFA) 41, lands aboard nuclear-powered aircraft carrier USS Nimitz (CVN 68). Nimitz Carrier…
Vinashin to Build Wartsila Engines
Wärtsilä and Vietnam Shipbuilding Industry Corporation (Vinashin) signed a license agreement for the manufacture and sale of Wärtsilä low-speed marine engines in Vietnam.
Blake to Build Two Self Propelled Jack Up Rigs
Blake Drilling & Work Over Company, Inc. announced the decision to build two self-propelled, multi-service jackup vessels. These well servicing and side tracking units, designed by Zentech, Inc.
Quintana Reports First Quarter 2007 Results
Quintana Maritime Limited announced its operating and financial results for the three months ended March 31, 2007. For the first quarter of 2007, Quintana reported net income of $12.5 million…
Wärtsilä Opens Office in Hanoi
Wärtsilä Corporation is expanding its representation in Vietnam by opening a branch office in Hanoi. Vietnam is a growing market for Wärtsilä's products and services to the shipping…
GAO – Consequences of LNG Tanker Spill
The Government Accountability Office (GAO) issued a report of its testimony at a hearing conducted by the Subcommittee on Coast Guard and Maritime Transportation…
USACE Tracking Levels of Missouri and Kansas Rivers
Due to the recent surge in runoff following the storms which saturated the area over the weekend, the U.S. Army Corps of Engineers Kansas City District has opened its Emergency Management Center.
Maersk Tokyo and Toba Order Admiral ECS
Costamare Shipping CO S.A., ordered four additional Admiral ECS for its Maersk Tokyo, Maersk Toba and 2 other vessels. This is the second time Costamare has purchased…
Navy Commissions USS Hawaii
Crew members man the rail after being directed by Gov. Linda Lingle of Hawaii to “Man our ship and bring her to life” during the commissioning ceremony for the Virginia…
NAB Hosts Swift Boat Memorial
Visitors and military personnel get an up close glimpse at one the few remaining Vietnam War riverboats at the Vietnam Unit Memorial Monument. Veterans, Sailors…
Samsung Heavy wins $1.29b Order
Samsung Heavy Industries Co., won a $1.29b order to build eight container ships for a European company. The vessels will be delivered by 2011, the company said in a regulatory filing.
Hearing on the Safety and Security of LNG
On May 7, the Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure will conduct a field hearing in Farmingville…
Bill Introduced for Water Resources Development
Senator Boxer (D-CA) introduced the Water Resources Development Act of 2007 (S. 1248) to provide for the conservation and development of water and related resources…
Coast Guard Conducting a Waterway Study of Portland Harbor
The Coast Guard is conducting Waterways Analysis Reviews of Portland Harbor and Portland Approaches. The Waterways Analysis Review is used to determine the effectiveness…
