Kallie C. Eymard Begins Work
Eymard Marine put its latest pushboat in the water last August from its Harvey, La. yard. The 70 x 28 x 9.5-ft. boat was finished out alongside the dock for a September delivery. Named the Kallie C.
Voith Unit Helps To Propel Innovative Robert Allan Tug
Østensjø Rederi AS of Haugesund, Norway has received Ajax, one of the most powerful dedicated tanker escort tugs in the world, and the most powerful in Europe, for service on the west coast of Norway.
LMS Snags Moroccan Frigate Contract
Litton Marine Systems (LMS) was awarded a contract worth up to $1.8 million to supply navigation and control systems for two new Floreal Class frigates being built…
ABP Expects Good Results
Associated British Ports Holdings Plc expects full-year pre-tax profit to be at the upper end of market expectations on turnover growth of at least eight percent…
Cold Weather Sparks Higher Oil Prices
Oil prices rose on Wednesday after fresh industry data showed cold weather had eaten into heating oil inventories in the United States. The stocks figures rekindled…
Chile, U.S. Reach Salmon Accord
Chile, the world's No. 2 salmon exporter, hailed a U.S. Department of Commerce decision to eliminate anti-dumping duties on Chilean salmon from six local companies.
CP Ships, FastShip Announce Agreement
CP Ships has signed an agreement with FastShip to assume commercial and marketing management for FastShip's TransAtlantic services. London-based CP Ships is the…
Navy Names Fourth Virginia Class Sub
Secretary of the Navy Richard Danzig announced his decision today to name the fourth submarine of the VIRGINIA Class for the state of North Carolina. "More than half a century has elapsed since a U.S.
Moody's Downgrades MC Shipping
Moody's Investors Service downgraded the senior unsecured rating for bonds issued by MC Shipping Inc to Caa3 from B3. The downgrade reflects the company's deteriorating unencumbered asset base…
Investigators Cite
Investigators said a bizarre combination of factors, including possible human error, had sunk an Italian chemicals tanker off France on October 31. The 7,300-ton Ievoli Sun…
General Dynamics Awarded $661M Contract
U.S. military shipbuilder General Dynamics Corp. said the Navy had awarded it an additional $661 million to complete the construction of the next two ships in the…
Navy Awards Litton $338M Contract
Litton Industries announced that its Ingalls Shipbuilding division has been awarded a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis…
Cole Expected To Arrive At Ingalls Wednesday
The USS Cole, which was severely damaged by a terrorist bomb that killed 17 U.S. sailors and two suicide bombes, will reportedly complete its long journey home on Wednesday.
Rolls-Royce Wins $150M Marine Contracts
Rolls-Royce has won ship design and equipment supply contracts for offshore service and cable-laying vessels, worth approximately $150 million over the last three months…
WCS Buys More Osprey Shares
Oil transportation giant World Shipholding Group bought another 523,000 shares in Singapore's Osprey Maritime Ltd, marginally increasing its stake to 53.08 percent.
Sunken Russian Ship Fined $6.3 Million for Pollution
An Iranian court fined the owner of a sunken Russian ship $6.3 million for polluting the marine environment, Reuters reported. Captain Sakharov, a Russian merchant vessel…
Aker Maritime Trims Kvaerner Purchase Plans
Norwegian oilfield services firm Aker Maritime will take a 17.8 percent stake in Anglo-Norwegian engineering group Kvaerner this month after consulting the European Commission.
Iraq Oil Lifting Remains on Hold
Iraqi oil lifting remained on hold as Baghdad continued to insist on a surcharge for crude sales under the UN's oil-for-food program, industry sources said. A tanker…
ENSCO 7500 Is A Groundbreaker
As the offshore market, particularly in the Gulf of Mexico, continues to heat up, news from Dallas heralds a new era of ensuring safety and efficiency. ENSCO International…
Tugz Florida Franchise Is Pending
Following months of intense scrutiny, financial due diligence, background checks and equipment review, Ronald C. Rasmus, president of TUGZ International, LLC, is…
