Pride Expands Deepwater Capabilities
Pride International is continuing the expansion of its deepwater fleet, following a multi-year contract award from a subsidiary of Petroleo Brasileiro S.A. (Petrobras)…
Strategic Marines to open Mexican Yard
Strategic Marine reported that it will open its first shipyard in the Americas in early 2008 following a joint venture bid with Servicios Navales E Industriales S.A. DE C.V.
Star Bulk Approves Finance Moves
Star Bulk Carriers Corp. (NASDAQ:SBLK) announced that its board of directors has approved a plan for the repurchase of up to an aggregate of $50 million of its Common…
Varun to Invest $400m in Ships
Varun Shipping Company has reportedly set aside $400m for the year to acquire ships, accrording to a report on www.business-standard.com. Varun Shipping is also…
Cosco Shipbuilding on the Rise
Cosco Corp. Singapore Ltd., the shipbuilding and repair unit of China's shipping line, rose in the stock market after it won orders totaling $422 million to convert and build tankers…
Petro-Canada Reports O&G Discoveries
Petro-Canada is reporting oil and gas discoveries at two exploration wells: one in the U.K. sector of the North Sea and one in deep water off Trinidad and Tobago…
S. Korea Refiner Steps Up Single Hull Ban
South Korea's GS Caltex will reportedly ban crude shipments on single-hulled oil tankers from next year, according to a Reuters report, well ahead of international laws that timetable their phase out.
Titan Makes Headway on New Flame Salvage
Titan Salvage, Crowley Maritime Corporation's salvage and wreck removal company, reported that its salvage team on site in Gibraltar responding to the wreck of the…
MSC Announces Award Winners
Fleet replenishment oilers USNS Laramie and USNS Yukon, and rescue and salvage ship USNS Grasp are the winners of Military Sealift Command’s 2008 Capt. David M. Cook Food Service Excellence Awards.
GE V250 is Tier II Compliant
GE Marine received U.S. Environmental Protection Agency (EPA) Tier II emissions compliance certification for its V250 diesel engine family. “The EPA Tier II compliance…
Cummings: Fix Delays in TWIC Enrollment
Yesterday, during a hearing convened to review the progress of the Transportation Worker Identification Credential (TWIC) program, Congressman Elijah E. Cummings (D-Md.)…
Navy Needs More Ships, Balanced Fleet
Chief of Naval Operations (CNO) Adm. Gary Roughead answers questions during the 20th annual Surface Navy Association symposium. Roughead spoke on the important role that ships…
This Day in Naval History - Jan. 24
1942 - During the World War II Battle of Makassar Strait, U.S. destroyers attack a Japanese convoy in the first naval surface action in the Pacific. 1991 - Helicopters…
Washington Court Will Not Hear Alaska Dispute
The Court of Appeals of the State of Washington affirmed the dismissal of a lawsuit on the basis of comity. In the instant case, plaintiff seaman was allegedly injured…
Cost/Benefit Analysis of 10+2 Proposal
The US Customs and Border Protection (CBP) posted the 214-page cost-benefit analysis of its proposed rule on advance trade data (more commonly referred to as the 10+2 proposal).
COAC Meeting Scheduled
The Departmental Advisory Committee on Commercial Operations of Customs and Border Protection and Related Homeland Security Functions (COAC), sponsored by the US Customs and Border Protection (CBP)…
USCG: Application to recertify PWSRCAC
The US Coast Guard issued a notice stating that it received an application for recertification from the Prince William Sound Regional Citizens’ Advisory Council (PWSRCAC).
Tanker Delivered to Oceanfreight
OceanFreight Inc. to acquire in December 2007. term. completes the first phase of our growth strategy. revolving credit facility.
