MacGregor's Corex Panels Are Basis Of Premiere Project
The first conversion project using replacement hoistable car decks based on MacGregor's new Corex panels are expected to provide weight savings on a 1979-built local ferry.
High Speed Ferry Set For Block Island
Beginning this summer, passengers traveling from Point Judith to Block Island, R.I. will be able to complete their travel in about half the time it normally takes…
ABS Will Class Egyptian Navy Fast Missile Patrol Craft
ABS has been selected as the classification society for the four Ambassador MK III Fast Missile Patrol Craft being built for the Egyptian Navy at Halter Marine Inc.…
ALGAE-X Now Standard Equipment On All New Nordic Tugs
Algae-X International has announced its agreement with Nordic Tugs - the Ed Shelton designed and manufactured boats - to integrate the ALGAE-X's Fuel Decontamination…
Abu Dhabi Granted $50 Million Naval Contract
Abu Dhabi Ship Building (ADSB) has signed a contract with the UAE Armed Forces to complete major combat system upgrades for a series of six Missile patrol Boats in the UAE Navy's existing fleet.
Hyundai Sales Projected To Rise
Hyundai Merchant Marine has set a 2001 sales target of 5.9 trillion won ($4.67 billion) up 15.5 percent from an estimated 5.1 trillion won last year. The company…
Daewoo Stake Sale Held Up On Price
South Korea's plan to sell a stake in Daewoo Shipbuilding to an Australian firm has stalled and other options to lure foreign capital are being considered, officials at Daewoo and its creditors said.
Tankers Expected In Iraq
Iraqi crude oil exports from two U.N.-approved loading ports remained on hold on Thursday but could resume later in the day with the expected arrival of two vessels, shipping sources said.
Hanjin Expects Profit
South Korea's Hanjin Heavy Industries expects to post 2000 net profit of 12.8 billion won ($10.16 million) last year from 91.1 billion in 1999. Sales last year totaled 1.92 trillion won…
Mersey Docks Records Profit Increase
Mersey Docks & Harbour Co. reported a marginal rise in pre-tax profit on Thursday and a successful year in terms of growth and progress. Pre-tax profit before exceptionals…
P&O Appoints Rice To Board
The Peninsular and Oriental Steam Navigation Company added Charles Rice as a Board Member with immediate effect. Rice, 47, is Managing Director of P&O TransEuropean…
Containership Collide
Two containerships collided on Thursday near the northern entrance to Turkey's Bosphorus straits, forcing the crew of one to abandon its vessel. It said the 2,258-gt Turkish-flagged Akaylar-2…
Kashagan Operator Pick To Come Soon
Kazakhstan's first deputy prime minister expects OKIOC, a consortium exploring the giant offshore Kashagan oil deposit, to appoint a project operator within two weeks.
Cammell Laird Shares Fall On News
Shares in Cammell Laird fell nearly nine percent on Thursday after news the British shipbuilder's $500 million contract with U.S. firm Luxus was at risk, threatening…
Kirby Enters Tank Barge Deal With Dow
Kirby Corp. entered into a long-term lease with a subsidiary of The Dow Chemical Co. for 94 inland tank barges. The lease agreement is expected to be marginally additive to Kirby's earnings…
Cammell Laird $500M Contract In Jeopardy
Cammell Laird's $500 million contract with U.S. firm Luxus could fail unless loan guarantees are received from the British government by the end of February. "It's urgent.
EIA Expects OPEC Output To Rise
The U.S. Energy Information Administration expects OPEC countries to continue producing above their quotas, pushing the cartel's average output 770,000 barrels per…
Royal Caribbean Predicts Bright 2001
Royal Caribbean Cruises predicted on cruise booking levels for 2001 would match or beat last year's figures. "We think we will do as well as we did last year, and may even do better…
Fred Olsen Buys H&W Real Estate Interests
Norway's Fred Olsen Energy is buying the real estate interests of its Belfast, Northern Ireland shipyard Harland and Wolff for $67.2 million to boost the yard. "This…
ICCL Member Lines Set New Mandatory Safety Standards
The International Council of Cruise Lines (ICCL) has reported that its member lines have unanimously agreed to set mandatory policies for cruise ship passenger and crew safety…
