Exmar, Mitsui OSK Team To Buy LNG Tankers
Exmar Group has set up a joint venture with Japan's Mitsui OSK Lines to buy two tankers to transport liquified natural gas (LNG). "It's basically 50/50," Exmar Director Rodney Hyne Jones, said.
Pirates Thwarted In Tanker Takeover Attempt
Police in Papua New Guinea fought off an attack by armed pirates who tried to hijack a Shell oil tanker as it was berthing at an island off the mainland. Shell Papua…
Mersey Docks & Harbor Downgraded
Merrill Lynch downgraded its intermediate-term rating on Mersey Docks & Harbour Plc to "accumulate" from "buy," while keeping a long-term "acumulate" rating on the stock.
Atlantic Panamax Market Positive
Positive sentiment continued to support the Atlantic Panamax market supported, shipbrokers said on Wednesday. The Pacific sector was seen as calm, with any losses…
SHIP SALES
Western Team - (built 1984) 43,296 dwt sold to Greek buyers for $6.9 million. Lara - (built 1985) 8,517 dwt sold to Italian buyers for $2.1 million. Lady Danielle - (built 1978) 21…
People & Company News
Maritime Surveys Ltd., Shoreham, Sussex, U.K., recently took delivery of the first SeaBat 8160 multibeam echosounder system from RESON A/S. The SeaBat 8160 was installed…
Intermarine Reports Increasing Numbers
Increasing numbers of motor and sailing yachts from around the world arrived this past year at Intermarine Savannah to take advantage of the shipyard's repair and refit facilities.
Oceanic to Test Yacht Design for America's Cup Challenge
Oceanic Consulting Corporation, a Newfoundland-based ocean engineering firm, has been awarded a contract to evaluate the design of the racing yacht for Switzerland's 2003 America's Cup Challenge.
Emergence of Yacht Industry Brings New Training Standards
International Yachtmaster Training and Deliveries is the world's largest nautical college dedicated to the training of Megayacht crew. The megayacht industry has…
PC Maritime Offers Engineering Training Products
A new suite of engineering training products from PC Maritime has been developed to meet STCW 95 Sections A-1/12 and B-1/12 and ISM Code Sections six and eight.
Compton Made Assistant Dean
Dennis Compton, a licensed chief mate and an expert on STCW mandates, has been named assistant dean for Registration and Institutional Research at the U.S. Merchant Marine Academy.
Mariners Get LNG Handling Experience At MSI
Maneuvering trials and Shiphandling training for Guayanilla, Puerto Rico Masters, Pilots and tug Masters were conducted at MarineSafety International's Newport Simulator…
Texas A&M Picks Transas/BCG for Simulator Replacement Project
Texas State Maritime Program, a component of Texas A&M University at Galveston (TAMUG) has selected the Buffalo Computer Graphics and Transas Marine USA team for…
MMI Creates New Mertech Training Program
Marine Mechanics Institute (MMI), a private school specializing in professional marine technician training, is offering an all-new Mertech training program. The…
'Boat School' Trains Students in Use of Composites
There's been a lot of disposable income produced in the country during the past few years. This is one of the reasons the boatbuilding industry is enjoying a strong market.
As SOLAS Deadline Nears, More Composite Use is Expected
Composites have been utilized in various applications in the shipbuilding industry in order to meet countless requirements of shipyards and ship owners. Composites…
Preforms Available from West Marine
Prisma Composite Preforms, manufactured by Compsys, Inc. and widely used by production boat builders, are now going to be made available to the boat repair and retail market through West Marine…
Westfalia Separator Tapped By NASSCO
Westfalia Separator has received an order from NASSCO for fuel oil and lube oil separators to be implemented on a pair of ice strengthened, environmentally safe…
Gladding-Hearn Gets Bermuda Ferry Contract
Gladding-Hearn Shipbuilding has begun construction of two new fast ferries for the Governemnt of Bermuda, Ministry of Transport. The first vessel will be delivered in September…
SENESCO To Build Walking Spud Barge
The Southeastern New England Shipbuilding Corp. (SENESCO) will build a 165 ft. dredge barge that will have the ability to walk along harbor floors. Boasting a trio…