ACL Acquires Remaining Interest in Environmental Services Firm
American Commercial Lines Inc. announced that it has acquired the remaining 70% of the environmental and civil engineering services firm, Summit Contracting, LLC ("").
NOL Group Announces New Appointments
, 2 April 2008: Global container shipping, terminals and logistics group Neptune Orient Lines (NOL) has announced a series of key appointments in the fast-growing region.
TNWA Offers Two New Direct Shuttles
The New World Alliance (TNWA) carriers – APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) – announced two new direct shuttle services linking , and on the US West Coast.
Acquiring New Vessels Helps Hornbeck Grow
Hornbeck Offshore Services HOS emerged from a three-month cup base as it reached a new high in early November. The stock then pulled back gently to start the left side of a new basing pattern.
Siemens Receives New Order to Equip AIDA Ships
The Siemens Industry Solutions (IS) Division is two equip two further cruise ships of AIDA Cruises with electrical and automation systems based on the Siship PAX platform.
Kongsberg to Supply for Product/Chemical Carriers
Kongsberg Maritime has signed a contract to supply Integrated Monitoring and Control Systems for five new 13,000 Dwt Product/Chemical carriers being built for Greek owner IASON Hellenic Shipping Co. Ltd at the Vinashin Group owned Pha Rung Shipyard in , east of the Vietnamese capital . The Kongsberg Maritime integrated monitoring and control concept chosen by Vinashin Group against strong competition includes an integrated solution for machinery control and cargo management.
StatoilHydro Increases Investment in Research
StatoilHydro is investing $413 million in R&D activities in 2008, 20% more than in 2007. The R&D portfolio is divided into: exploration, increased oil recovery, new development solutions…
Circle Line to go Solar
Last year, Circle Line unveiled a state-of-the-art solar and wind powered hybrid electric ferry named Miss Statue of that it predicts will join their Statue of…
Estonia is First to Sign Wreck Removal Convention
The IMO said that the has become the first country to sign, subject to ratification, the Nairobi International Convention on the Removal of Wrecks, 2007. The Convention…
Drilling Riser Contract to Aker Kvaerner
Aker Kvaerner has won a contract for the delivery of a complete deepwater marine drilling riser system with buoyancy package and associated equipment. The client…
FBMA Marine Signs Contract for Ferries
FBMA Marine Inc. (FBMA), the Aboitiz-owned shipbuilder based in , has signed a new building contract with Wightlink, . The order is to design and build 2 new 41m high speed passenger catamarans…
Wärtsilä's Eskola Appointed Chairman of EMEC
Jaakko Eskola, Group Vice President and Head of Wärtsilä Ship Power has been appointed Chairman of the European Marine Equipment Council (EMEC). He will assume this position today, 1 April 2008.
Conrad Announces 2007 Results and Share Repurchase Program
Conrad Industries, Inc. announced its 2007 results and a new $10 million stock repurchase program. For the year ended December 31, 2007, Conrad achieved net income…
APS, Swift Returns to Ghana in Support of NOAA, Fisheries
High Speed Vessel 2 Swift arrived in Tema, March 30 for its second visit here, as well as its seventh engagement visit as part of Africa Partnership Station (APS).
Tricon Marine Breaks Ground on Chinese Yard
The luxury yachting industry is set to enter a new era of quality and cost efficiency in the unlikeliest of places. U.S. based Tricon Marine, a high quality builder…
Euroseas Announces Charter Agreement for Container Ship
Euroseas Ltd. an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes…
Marine Board of Investigation Begins Interviewing Witnesses in Casualty
Capt. Michael Rand, USCG, and Mr. Liam LaRue, NTSB, from the board gave statements as to the purpose of the investigation, their authority and the scope of the investigation. The recorder Lt. j.g.
RS to Present LNG Rules Initiative at Forum
Research by the Russian Maritime Register of Shipping (RS) on the design and operation of Arctic LNG carriers will feature at next week’s Arctic Shipping 2008 conference in .
J. Ray McDermott Awarded Peregrino FPSO Project
J. Ray McDermott, S. A. (J. Ray) announced that its subsidiary J. Ray McDermott Far East Inc., has received a Letter of Award for engineering, procurement and construction of 6…
MarAd Use of Foreign Anchor Handling Vessels in Alaska
The US Maritime Administration (MarAd) issued a notice stating that it received a request to utilize foreign-flag anchor handling vessels with a minimum ice class…
