Second U.S. Ship Delivers Aid to Georgia
The U.S. Coast Guard Cutter Dallas (WHEC 716) and the guided-missile destroyer USS McFaul (DDG 74) transit through the Black Sea en route to the Republic of Georgia…
StatoilHydro Announces Discoveries in Norwegian Continental Shelf
The presence of a considerable oil column has been confirmed under the Dagny structure in the , near Sleipner, announced StatoilHydro. The total recoverable volume…
GoM Rigs Evacuate for Storm
In preparation for Hurricane Gustav, evacuations have begun of offshore oil and gas rigs and platforms in the . Reports said the storm may become the strongest to hit the region in almost three years.
Navy Awards $256.1m in Training and Ed Contracts
The Navy has awarded contracts potentially worth $256.1m to six companies to provide education and training services. The winners are EG&G Technical Services Inc.…
Seanergy Shareholder Approve Business Combination
Seanergy Maritime Corp. announced that at a special meeting of shareholders, shareholders approved the proposal to acquire six dry bulk carriers from affiliates of members of the Restis family.
Todd Shipyards to Overhaul Aircraft Carriers
Todd Pacific Shipyards Corporation has been awarded a contract by the United States Navy to provide long-term overhaul and maintenance to the Nimitz Class aircraft…
STX Considers Bid for Daewoo
STX may join candidates in bidding for Daewoo Shipbuilding and Marine Engineering, reports said. Hyundai Heavy Industries has expressed its intention to participate in the bid…
This Day in Naval History - Aug. 27
1917 - Squadron of minesweepers departs for service off . 1944 - USS Stingray (SS 186) lands men and supplies on , to support guerilla operations against the Japanese.
Hearing on New Orleans Spill
On September 16, the Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure will conduct an oversight…
BMT Group Acquires Hi-Q Systems
International design, engineering and risk management consultancy, BMT Group Ltd. announced the acquisition of Hi-Q Systems Ltd. Basingstoke-based Hi-Q Systems offers…
Hyundai to Make a Bid for Daewoo
Hyundai Heavy Industries Co. plans to bid for a $3.1b controlling stake in Daewoo Shipbuilding & Marine Engineering Co. reports said. A preliminary offer will be submitted Wednesday.
Omega Reports 2Q Results
Omega Navigation Enterprises Inc., reported second-quarter results that topped analysts' expectations, helped by higher charter rates and number of operating days of its Panamax tankers.
This Day in Naval History - Aug. 26
1775 - Rhode Island Resolve: Rhode Island delegates to Continental Congress press for creation of Continental Navy to protect the colonies. 1839 - Brig Washington seizes Spanish slaver…
U.S. Shipping Partners Accepts Delivery of ATB
U.S. Shipping Partners announced the completion of its second Articulated Tug Barge (ATB) unit on schedule with the delivery of the barge Petrochem Producer from Bay Shipbuilding at .
Intellect Technologies Launches Intell-e
Intellect Technologies has launched the Intell-e transportation suite. Intellect built the Intell-e product range on the latest Oracle platform, which is designed to incorporate functionality…
Aker Solutions Wins Contract from Daewoo
Aker Solutions Malaysia Sdn Bhd has won a contract from Daewoo Shipbuilding & Marine Engineering (DSME) Malaysia Star reported. Aker Solutions opened a hi-tech manufacturing…
TBS Takes Delivery of Handymax
TBS International Limited has taken delivery of the M.V. Fox Maiden, previously known as the Explorer, a 1985 built, 40,902 dwt handymax bulk carrier. The Company…
Tankers to Resume Loadings From BTC
Tankers will begin loading oil tomorrow from the Baku-Tbilisi-Ceyhan pipeline for the first time since a fire affected the main outlet for Azeri crude to and European markets almost three weeks ago…
Aker Solutions Awarded Contracts for Offloading Systems
Aker Solutions has been awarded several contracts for supply of offloading systems. The total contract value for Aker Solutions is approximately $16m. The contract awards are from the Joint Venture Euronav/OSG and MODEC International LLC for the supply of offloading systems. The Euronav/OSG contract consists of offloading systems for two Floating Storage and Offloading Units (FSOs). The contract with…
Doosan Drops out of Daewoo Bid
Doosan Group pulled out of the bidding for Daewoo Shipbuilding, while steel firm POSCO said it was seeking partners to make a bid. POSCO, the world's No.4 steelmaker…