Identification System Gets Green Light from DHS
The U.S. Coast Guard announced today it received formal approval from the Department of Homeland Security to issue solicitations and award contracts to establish…
Aker Kvaerner Secures Another Floater Installation Contract
Atlantia has awarded Aker Kvaerner a contract for installation of a semi-submersible floating production unit (FPU) for the Thunder Hawk development system in the Gulf of Mexico.
Motia Takes Two New Tankers
tankers. Shipbuilding Co and will enter service with the Handytankers pool. welcome these two new vessels to our fleet. aframaxes from China - all due for delivery between 2007 and 2009.
MISC Sees Soft Shipping Rates Ahead
MISC Bhd expects freight rates for crude oil to remain soft over the next two years as competitors put more new tankers to sea. MISC earns 90% of its profits from…
Aker Yards to Set up in Asia
Aker Yards is taking a strategic position in the fast growing Asian market for offshore vessels by setting up a shipyard in Vietnam. The shipyard will be a joint…
Jobs Set to be Cut by Vosper
According to The News, Portchester-based VT Halmatic has told workers that up to 130 of the 270 workforce could be made redundant. The business has been under threat…
Hornbeck Offshore Lowers Guidance for 4Q
Hornbeck Offshore Services, Inc. announced after an initial review of operating results, it has revised its EBITDA and diluted earnings per share (EPS) guidance…
Ferry Tacoma Awaits Dry Dock
The MV Tacoma, one of two large ferries that run between Seattle and Bainbridge Island, suffered “rudder flop” on Tuesday, January 9, that requires dry docking to repair.
Frontline Sells Tanker
Frontline Ltd. has through its affiliated company Ship Finance International Limited, sold its single hull Suezmax tanker Front Transporter for a gross sales price of $38m.
LNG Terminal Opposed
Strong opposition by Conn. Gov. State Department of Environmental Protection Commissioner Gina McCarthy delivered Rell's statement, criticizing the proposed security…
DCV Balder to Restart Work in Gulf
Leiden 10 January – Heerema Marine Contractors expects that the Deep water Construction Vessel (DCV) Balder will restart its work in the Gulf of Mexico in the first half of February.
Diana Enters Time Charter Contract for MV Coronis
Diana Shipping Inc. has entered into a time charter contract with Bottiglieri di Navigazione for its Panamax dry bulk carrier, the MV Coronis, for a minimum of 23…
IMO Performance Standards for Passenger Ships
The IMO issued a circular providing performance standards for the systems and services to remain operational on passenger ships for safe return to port and for orderly…
Lockheed Martin-Led Team Tests Naval Defense System
Lockheed Martin has completed at-sea demonstration operational testing of a new Fast Inshore Attack Craft (FIAC) Defense System, which is designed to provide an…
Staffing changes at MAN Diesel in Denmark
With effect from 1st January 2007, Stefan Eefting (41) has taken over as manager of MAN Diesel PrimeServ in Frederikshavn and Holeby in Denmark. Lars Peter Olsen…
Rolls-Royce Gets Icelandic Coast Guard Contract
Rolls-Royce has won a contract to supply the design and a full equipment package for a multi purpose coastguard vessel to be built by ASMAR in Chile for the government of Iceland.
Senate Hearing on Homeland Security
The Senate Committee on Homeland Security and Governmental Affairs conducted a hearing on ensuring full implementation of the 9/11 Commission’s recommendations.
Port Security Grants Total $201.2m
port security grants for FY 2007 will total $201.2m. Eight ports qualified for Tier I and will receive a combined total of $120 million. The Tier I ports are: New York-New Jersey (27.1 million)…
ACL Names Vanier as VP
American Commercial Lines Inc. (ACL) has appointed Jacques J. Vanier to the position of Vice President Manufacturing. Most recently, Vanier served as Vice President…
BC Ferries Investigating Ferry Incident
BC Ferries' MV Quinsam, which operates on the Nanaimo Harbor – Gabriola Island route, unexpectedly pulled away from the dock at Nanaimo Harbor as the ship was loading vehicles.