French Navy New Sub Fleet to be Powered by GE
GE Oil & Gas has been selected by DCNS to provide the turbo-generators and propulsion turbines for the French Navy’s new fleet of six nuclear submarines, which are…
PMA Posts Freight and Passenger Records
The Port of Marseilles Authority (PMA) has briefed unions and staff on government plans for the ‘re-launch’ of French ports - as required by a timetable for local…
Moose Boats Delivers M1-44
Moose Boats, an aluminum boat manufacturer, recently delivered a new model named the M1-44 to the Naval Militia in New York. This vessel is the first of its kind…
Navy to Christen Guided Missile Destroyer Dewey
The Navy will christen the newest Arleigh Burke class guided-missile destroyer, Dewey, Saturday, Jan. 26, during a 10 a.m. CST ceremony at Northrop Grumman Ship Systems in Pascagoula, Miss.
Nimitz Gets Underway for Western Pacific Deployment
USS Nimitz (CVN 68) departed San Diego Jan. 24 with commander, Carrier Strike Group (CSG) 11 on a regularly scheduled Western Pacific deployment. Nimitz is deploying…
Nobu Steps Down at Star Bulk
Star Bulk Carriers Corp. said that the company's Co-Chairman Nobu Su has resigned from his position as Co-Chairman of the Board with immediate effect due to his…
Port Workers Begin Enrollment for TWIC
TSA reported that port workers, longshoremen, truckers and others employed at the Port of Green Bay, the Port of Pittsburgh and Port of Texas City recently began…
Kite-Powered Ship Sets Sail
A newly built cargo vessel was towed by wind propulsion of the Hamburg-based company SkySails on the North Sea near Bremerhaven, Germany for the first time. The…
Sener Wins BAE Contract
Sener Ingeniería y Sistemas S.A closed a contract with UK-based BAE Systems PLC for the license to use the FORAN CAD/CAM System in its shipbuilding activities. According to the contract…
Noble Reports Record Earnings
Noble Corporation reported 4Q 2007 earnings of $347.4 million, or $1.29 per diluted share, versus $199.7 million, or $0.74 per diluted share, for the fourth quarter of 2006.
Aker Kvaerner, ExxonMobil Extend Contract
ExxonMobil Exploration and Production Norway AS has exercised a two year option in its term contract with Aker Kvaerner in Stavanger, Norway. The contract covers…
Drydocks World Selects Foran
Drydocks World, a subsidiary of Dubai World, is an expanding international player in ship repair, conversion, new building and other marine related activities. Those…
Changes to UK tonnage Tax Unwelcome for Some
Shipping accountant Moore Stephens has warned that new EC requirements will lead to unwelcome changes to the UK tonnage tax regime from April 2008. Sue Bill, a tax partner with Moore Stephens…
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.
