Bulker Under Tow Off Brazil
Arrangements are being made to take the Maltese-flagged bulker Olympus, now off Brazil, under tow, Reuters reported. The 34,995 dwt bulker was involved in a collision…
Fire On Greek Ferry
A fire in the engine room of a Greek ferry carrying 531 passengers and 111 crew from Venice to the Greek port of Patras left the vessel out of control near the Italian coast…
NNS Board Approves General Dynamics Plan
Newport News Shipbuilding Inc.'s board voted to back the $2.1 billion takeover offer from fellow defense contractor General Dynamics Corp. over a rival offer from Northrop Grumman Corp.
Offshore Project To Get Green Light
The BP-led Azerbaijan International Operating Company (AIOC) expects the Azeri government to give a green light in August for the next phase of its Caspian oil production project.
Northrop Grumman Gets $154.9M Navy Deal
The U.S. Navy awarded Ingalls Shipbuilding, a Northrop Grumman company, a $154.9 million contract to begin advance procurement of materials for the construction…
New Class Initiatives Ready For Implementation
Implementation of nine of the ten sweeping safety initiatives announced by ABS, DNV and Lloyd's Register on March 15, 2001 will take place on July 1 as scheduled…
10 Die In Tanker Blast
At least 10 Romanian workers were killed in an explosion on an empty oil tanker undergoing repair work in the Black Sea port of Constanta on Tuesday. "Ten blackened…
New York Ports Must Dig To Survive
The ports surrounding New York City, which handle most of the cargo arriving on the East Coast of the United States, must have deeper channels to stay viable and competitive…
Repercussions From Damaged Ship Propeller Expected to Drive Down RCCL's 2Q Profits
Celebrity Cruises said on Monday it expects the cancellation of a 14-day European voyage as a result of a damaged ship propeller to drag down second-quarter profits…
Mersey Docks & Harbor Not Intimidated by Recession
The slowdown in the U.S. economy may be weighing on British industrial production, but ports operator Mersey Docks & Harbor Company expects to avoid the dark clouds of recession.
Frontline Execs. Approve $321 M Four-Tanker Purchase
Norwegian shipping group Frontline said on Tuesday its board had approved the firm taking a 33 percent stake of a partnership buying four tankers from Bergesen valued at $321 million.
Financial Conundrum For Precious Shipping
Khalid Hashim, managing director of Precious Shipping Plc, says his hands are tied. Thailand's largest shipping line, specializing in bulk shipping, mainly of commodities such as rice and sugar…
SS Norway OK'd To Sail
U.S. Coast Guard inspectors cleared the SS Norway to sail, a week after owner Norwegian Cruise Line was ordered to make repairs that scuttled the Caribbean vacations of 2,032 passengers.
$67M Containership Order Logged
South Korea's Hyundai Merchant Marine placed a $67 million order for a containership with Heavy Industries. Hyundai Merchant said it had borrowed funds from foreign…
Celebrity Cruises Cancels Northern European Sailing
Celebrity Cruises canceled a 14-night Northern European cruise on Galaxy today to repair a damaged portside propeller. The ship, which returned to port shortly after leaving Amsterdam Saturday…
Accelerated phase-out of single hull tankers and CAS
Intertanko discussed with the EU and supported at IMO a revised phase-out scheme which effectively brought the European proposal in line with OPA 90. A copy of Intertanko’s…
S. Korea Eyes Cruise Building Market
Han Jong-chan assembles the massive blocks used to build ships at one of South Korea's huge and successful shipbuilding yards and has never been happier. Han has…
New Managing Director at Kelvin Hughes
Kelvin Hughes has appointed Ron Nailer as the new managing director of Kelvin Hughes Ltd., succeeding Dr. Martin Jones, who has returned to the parent company -…
Grand Bahama Shipyard Acquires Portland's Number Four Dry Dock
Grand Bahama Shipyard purchased the No. 4 Dry Dock from Portland Shipyard in Oregon. Measuring 984 x 228 ft. (300 x 69.5 m), the floating dock, which has a clear internal breadth of 185 ft.
Celebrity Cruises Cancels Northern European Sailing
Celebrity Cruises canceled a 14-night Northern European cruise on Galaxy today to repair a damaged portside propeller. The ship, which returned to port shortly after leaving Amsterdam Saturday…
