Litton Delivers Sealift Ship Ahead of Schedule
USNS MENDONCA (T-AKR 303), the fourth of seven BOB HOPE Class Strategic Sealift ships being built by Litton Avondale Industries was delivered to the U.S. Navy on January 30, 2001, ahead of schedule.
USCG Issues High Water Warnings
The U.S. Coast Guard issued a safety travel advisory for sections of the upper Mississippi and Missouri rivers due to rising water levels near St. Louis. The Coast…
Freight Rates Are Falling
A lack of enquiry from Far Eastern charterers has caused VLCC freight to fall almost to the same level as the longer haul westbound routes, which usually trade much lower, brokers said Tuesday.
Atlantic Panamax Rates Weaken
The buoyancy detected in the Atlantic Panamax market over the past two weeks has waned, brokers said. Fresh orders from the U.S. Gulf were described as light and…
Castor Still Seeks Calm Waters
A stricken petrol tanker stranded in the Mediterranean is being towed eastwards in search of calm waters to continue a salvage operation, the Cyprus Department of Merchant Shipping said on Tuesday.
Jones Act Waiver Returned As Incomplete
The U.S. Customs Service said that a request for a Jones Act shipping waiver that would have allowed foreign ships to move oil between U.S. ports was returned as incomplete.
French Carrier To Return In April
The troubled French aircraft carrier Charles de Gaulle, which lost part of a propeller during its first long cruise last year, will be back in service in April, France's Defense Minister said.
Another Ship Captain Arrested
Ukrainian prosecutors arrested the captain of a ship which sank en route from Istanbul to Ukraine's Crimean peninsula and charged him with breaking transport safety laws.
DD 21 Alliance Taps Dassault Systems
The DD 21 Alliance has announced a development acceleration agreement with Dassault Systemes CATIA Version 5 and ENOVIA to support the complete Product Lifecycle Management (PLM) of the U.S.
Galapagos To Make Recovery
Ecuador's Galapagos islands should make a full recovery from the oil spill that tarnished its sandy shores, a sign of hope for the hundreds of unique species there…
World Shipholding Ups Osprey Stake
World Shipholding Ltd. acquired about 91.32 percent of the shares in Singapore's Osprey Maritime Ltd. as of the close of its cash offer on Monday. According to Singapore Exchange rules…
No Tankers At Ceyhan
Iraqi oil exports from the Mediterranean port of Ceyhan, Turkey, remained off line on Tuesday as three vessels slated to arrive at the weekend were still unseen, industry sources said.
Consilium Marine Expands
Consilium Marine recently enhanced its market strength through the acquisition of competitor Nittan Systems AB, and through the merger of Consilium Gun Clean and Danish TofteJorg.
Agreement Brings CP Ships Into Europe/Asia Trade
CP Ships has signed a slot charter agreement with CMA CGM that will enable it to enter the trade between Europe and Asia. The two-year agreement starts in March…
ExxonMobil Marine Fuels Expands Thames Region Desk
ExxonMobil Marine Fuels (EMMF), the world's largest supplier of marine fuels, has appointed Mark Hunter as marine sales manager on its Thames Region desk. Mark was…
SS&Y Index Falls
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 97 points to 4,549 in the week ending Monday, January 29, 2001. "The Chinese holidays added to weakness in the Pacific…
Is Cammell Laird In Trouble?
British shipmaker and repairer Cammell Laird has been struck a heavy blow by the termination of a key cruise ship contract, which it said on Monday would have a "significant impact" on year results.
Ferry Fire, Sinking Kills At Least 14
The Ukrainian coastguard found 14 corpses and 32 survivors marooned for two days in lifeboats and rafts in the Black Sea after a storm engulfed a small ferry. Five people were missing.
Hellenic Shipyards To Go On Block
Greece's development ministry appointed Alpha Finance to advise it on the planned sale of Hellenic Shipyards. Alpha Finance will undertake all activities on finding…
Maersk Logistics To Open New Offices
Maersk Logistics is to open six new offices in Central America, Mexico, and the Caribbean. With the opening of the new offices, Maersk Logistics has a total of eight offices in the region…
