Quick Spill Clean-up Expected Off Long Island
Clean-up activities of an oil spill that affected about 25 miles (40 km) off the north shore of Long Island, New York, are expected to be complete by the end of the week, the U.S.
Probe Into Rig Sinking Begins
The head of Brazil's state oil giant Petrobras said on Tuesday that a European company would monitor a probe into the cause of an accident that sank Petrobras' biggest…
Telenor to Acquire COMSAT
Telenor of Norway and Lockheed Martin Global Telecommunications (LMGT) announced that Telenor will acquire LMGT's COMSAT Mobile Communications operations for $116.5 million in cash.
Thrustmaster of Texas Announces Appointments
Owen Traylor has been named General Manager for Thrustmaster of Texas, Inc., a Houston-based manufacturer of marine propulsion systems. Traylor comes to Thrustmaster…
Bollinger Wins Major Newbuild Contract
Bollinger Gretna, L.L.C., Harvey, La., and K-Sea Transportation Corp. of New York have signed a contract for the construction of four double hull, ocean service, OPA '90 oil barges.
IBIA Updates Sampling Equipment Guide
The International Bunker Industry Association (IBIA) has published an updated edition of its Bunker Fuel Sampling Equipment guide. The second edition of the guide…
Telemarine launches V.6 of Bunkerworld.com
The giant bunkerfuel website - Bunkerworld.com has reached version 6, in a major new re-launch. Bunkerworld.com which is operated by Telemarine Ltd in London, contains more than 10…
Vericor Supplies Kockums With Gas Turbines
Swedish Navy. The TF50s will replace existing gas turbines and will be part of the Combined Diesel and Gas Turbine (CODAG) systems on the Malmö and Stockholm corvettes.
VLCC Rates Poised To Stay Strong
Owners of VLCCs have been painstakingly building up rates this week, but for owners of million-barrel tankers, the last month's gains have come crashing back down.
Carnival To Swap Ships
Carnival Corp., which is working to revive profitability at its Seabourn luxury cruise line, said that next year it will shift a ship now sailing for Seabourn to the company's Holland America Line.
Seaway Open Is Earliest Ever
The St. Lawrence Seaway opened for the 2001 navigation season on Friday, March 23, 2001, the earliest start in the 43-year history of the waterway that connects…
Offshore Rig Utilization Hits 2-Year High
Worldwide offshore rig utilization hit a fresh two-year high the week ending March 23, according to ODS-Petrodata Group. Global rig utilization climbed 0.5 percent to 88 percent…
Drilling Industry Stretched By High Demand
The lure of higher oil and gas prices has pushed the number of rigs exploring for oil and natural gas in the United States to a 10-year high, stretching the drilling industry close to its limits.
ADSB To Start Navy Contract
Abu Dhabi Ship Building Company (ADSB) is preparing to start work on building six missile patrol boats ordered by the United Arab Emirates navy. William Saltzer…
Baltic Dry Indices Down
The Baltic Dry Index (BDI) fell six points to 1,496, the Baltic Panamax Index (BPI) lost 12 points to 1,626, the Baltic Handymax Index (BHI) firmed 14 points to 9…
Tanker Operators To Join Forces
Norwegian tanker operator Iver Ships will join forces with Japan's Mitsui O.S.K Lines to form the second biggest clean tanker alliance in the Asia Pacific region.
Ferry Grant Applications Due By July 15
The Passenger Vessel Association announced that it is time again to apply for Federal Ferry Boat Discretionary Grants The program helps with the capital costs of new ferry vessels and terminals.
AlaskaLNG.com Available Soon
ALASKALNG.COM. site, will focus on the Alaska LNG (Liquefied Natural Gas) trades, updates on legislation affecting the construction of a new warm water LNG export…
H&W Technical Services Gets NASSCO Contract
Harland and Wolff Technical Services Limited, the stand alone design and engineering consultancy of Harland and Wolff Group PLC, has secured a number of international contracts.
Tug To Reach Tanker By Friday
A tugboat sent to rescue an oil tanker drifting off Bermuda should reach the ship by Friday night, BP Amoco said. "The boat is expected to keep clear of land and…
