Schlumberger Announces 2Q Results
Schlumberger Limited reported second-quarter revenue of $5.64b versus $5.46b in the first quarter of 2007, and $4.69b in the second quarter of 2006. Net income, before charges and credits…
USS Kidd Arrives in San Diego
Kidd (DDG 100) arrived at her homeport here at Naval Station San Diego on July 19. The ship is named in honor of Rear Adm. Japanese attack on Pearl Harbor, Hawaii, in 1941. sector in Pascagoula, Miss.
Center for Security Forces Command Helps Prepare Sailors
By Lt. j.g. As the Navy continues to provide support in the global war on terrorism, the need to properly prepare Sailors to be successful in individual augmentee…
PVA Comments on EPA Marine Engines Emissions Rule
In a recent letter to the Environmental Protection Agency (EPA), the Passenger Vessel Association (PVA) said that more understanding is needed before an efficient…
SCI to Buy 12 Vessels
The Union Cabinet allowed the Shipping Corporation of India (SCI) to buy 12 vessels. SCI will acquire four Aframax tankers of about 1,10,000 dead weight tonnage (DWT) each…
Dockwise Acquires Offshore Kinematics
Sealift Ltd, the parent company of the Dockwise group of companies has signed an agreement to acquire the entire share capital of Offshore Kinematics Inc (OKI) and Ocean Dynamics LLC (ODL).
Chertoff Delivers Speech on Port and Maritime Security
The Department of Homeland Security released the speech delivered by Secretary Michael Chertoff at the Center for Risk and Economic Analysis of Terrorism Events in Los Angeles.
USCG Homeporting of National Security Cutters
The US Coast Guard issued a notice stating that its final environmental assessment relating to the planned homeporting of four National Security Cutters at Coast Guard Island…
APM Terminals Opens New Terminal in Morocco
APM Terminals Tangier, S.A. and the Akwa Group, a Casablanca, Morocco-based partner have announced the opening of Morocco’s newest container terminal to serve the…
Hyundai Wins Order for O&G Platform
Hyundai Heavy Industries Co., Ltd. (HHI) signed a contract with Elf Petroleum Nigeria Ltd. (EPNL), a Nigerian subsidiary of French oil company Total S.A., to build…
NASSCO Awarded T-AKE 10 Funds
General Dynamics, National Steel and Shipbuilding Company, San Diego, Calif., is being awarded a $100,000,000 fixed-price-incentive modification under previously…
Keppel Wins $230m in Ship Contracts
Keppel Singmarine Pte Ltd (Keppel Singmarine), the wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), won four contracts worth $230 m to build…
Transocean, GlobalSantaFe to Merge
Transocean Inc. and GlobalSantaFe Corporation said that their boards of directors have unanimously approved a definitive agreement for a merger of equals. Based…
OOCL Yokohama Named at Geoje Shipyard
OOCL announced the christening of its second in line of the sixteen 4,578-TEU vessels, ordered with Samsung Heavy Industries since 2004. The newbuilding was named the m.v.
Fos Posts 7% First-Half Volume Rise
First-half east-west volumes through Fos container terminal rose by 7% compared with the first six months last year, helping total box throughput at the Port of Marseilles to a 3.5% increase on 488…
Maritime Administration Environment Director Honored
Michael Carter, Director of the Office of Environment at the Maritime Administration, recently received a Team Bronze Medal from the Environmental Protection Agency…
POSCO to Invest to Boost Steel Plate Output
Reuters said that POSCO Co. Ltd. said on Friday it would invest a total of $2b to boost output of steel plates for ships as the booming shipbuilding industry led to higher demand for the product.
Excel Buys Two Vessels
According to reports, Excel Maritime said it plans to buy two Supramax bulk carriers for $126m, or $63m per vessel. The first vessel has a capacity of 55,567 deadweight…
Globus Maritime Buys Cargo Ship
According to Thomson Financial, Globus Maritime Ltd has agreed to buy a dry bulk cargo ship, currently under construction at Yangzhou Dayang Shipyard in China, for 57m.
USACE Matagorda Ship Channel Improvement Project
The US Army Corps of Engineers has extended, until September 4, the comment period on the draft environmental impact statement for the Matagorda Ship Channel improvement project.
