Environmental Activists Protest President Bush's Kyoto Pact Veto
Greenpeace activists boarded an oil tanker in Norway on Tuesday in a bid to stop it sailing for the United States, in their second such protest this week against President George W.
Coast Guard Lifts Restrictions on Houston Ship Channel
The U.S. Coast Guard kept the Houston Ship Channel open without any restrictions on Tuesday, but still required vessels to check with traffic controllers before exiting or entering…
General Maritime Goes Public, Raises $144 Million
General Maritime Corp., a crude oil shipping company, raised $144 million by selling 8 million shares in an initial public offering, the latest in a spate of energy companies to go public.
Atlantic Panamax Rates Soften, Fixtures Lay Low
Sentiment for the Atlantic panamax freight market may be softening while fixture rates stay on the low side, shipbrokers said on Tuesday. "It may be settled in the…
Silversea Cruises Appoints Albert Peter As CEO
Luxury cruise line, Silversea Cruises, Ltd., has announced that its owners, Italy's Lefebvre family, have completed a restructuring of its family holdings. As part of this process, Dr. Lefebvre.
Pan United Shipyard Lands $38 Million Vessel Contract
Singapore's Pan United Corp Ltd said on Tuesday its unit Pan United Shipyard Pte Ltd won a $38 million shipbuilding contract from Shanara Maritime. The contract…
Asia-Pacific Countries Bond To Protect Vital Sea Lanes
Fifteen ships and 1,500 personnel from 16 Asia-Pacific countries took part in exercises off Singapore on Tuesday with the aim of forging stronger ties to protect the region's vital sea lanes.
Explosion Rocks Singaporean Tanker
An explosion has ripped through an empty Singaporean supertanker in the Indian Ocean, Lloyds shipping intelligence reported on Tuesday. "The damage to tanker Heng San is understood to be serious…
Boat Sinks Off Madagascar; Soccer Team Feared Dead
About 40 people, including an entire soccer team, were missing on Tuesday after a boat sank off Madagascar, state radio said. The boat, which went down in bad weather at midday on Monday…
Shell: Short Term LNG Contracts Will Be the Norm
Shell Gas & Power said on Tuesday short-term liquefied natural gas (LNG) contracts will become common within the next decade. Shell Gas & Power President Peter de…
Houston Ship Channel Reopened
The U.S. Coast Guard reopened the Houston Ship Channel on a limited basis Monday, after the primary transport route in and out of the city's large oil refining…
Iorizzo Named President of Northrop Grumman Group
Northrop Grumman Corp. named Robert Iorizzo as president of the Electronic Sensors and Systems Sector group, the company's largest business. Iorizzo replaces James Roche, who was confirmed by the U.S.
Hornbeck-Leevac Expands Tug and Barge Fleet in Northeast U.S.
Hornbeck-Leevac Marine Services has acquired the Spentonbush/Red Star Group marine transportation fleet for $28 million, and has entered into a strategic alliance with Amerada Hess Corp.
Suez Canal Receipts Down $159M
Egypt's Suez Canal receipts fell to $159 million in April from $162.2 million in March and $162.1 million in April last year, the Cabinet Information and Decision Support Center (IDSC) said.
Hyundai Merchant Stock Rises
The stock price of Hyundai Merchant Marine, which runs a ferry tour to North Korea's Mt. Kumkang resort, was up 4.9 percent at 3,225 on Monday in active volume of 3.3 million shares.
Hong Kong Cargo Flow Up 8%
Hong Kong's total port cargo throughput rose by eight percent year-on-year during the first quarter of 2001 to 43.1 million tons. Of the total, inward port cargo…
Kelvin Hughes Offers Nucleus 3 Radar Series
Kelvin Hughes Ltd., a leader in the development of marine electronics, recently introduced its Nucleus 3 Series Radar systems. The Nucleus 3 Series, which was developed from the Nucleus 2 Series…
Friede Goldman Halter Lands Multi-Million Dollar OSV Contract
Halter Marine, Inc., the vessel segment of Friede Goldman Halter, Inc. has signed a contract for the new construction of a 230-ft. (70.1 m) offshore supply vessel for Kim Susan, Inc.
Trico Marine to Acquire Two Large North Sea Platform Supply Vessels
Trico Marine Services, Inc. has signed a definitive agreement to acquire two 279-ft. (85 m) platform supply vessels for a cost of approximately $4.4 million. The two state-of-the-art…
Trimaran RV Triton visits Washington Navy Yard
A technology partnership between the United States and United Kingdom brought the trimaran research vessel RV Triton to the Washington Navy Yard for a week beginning June 3. Measuring 295 ft.
