BP Amoco Shipping and BIMCO Develop a New Tank Charterparty
Last week it was announced that BP Amoco Shipping and BIMCO had developed a new charterparty, as the BIMCO Documentary Committee gave its approval to a new standard tank time charterparty…
Litton Awarded $41.7M Navy Contract
The U.S. Navy awarded Litton Ingalls Shipbuilding a $41.7 million cost-plus-award-fee contract, under which Ingalls will continue to provide engineering and planning…
Premier's S.S. OceanBreeze Sold To Imperial
Imperial Majesty Cruise Line purchased the S.S. OceanBreeze from Premier Cruise Lines, said President Arthur M. Pollack. The total value of the deal, including the…
NY/NJ Close To Resolving Port Budget
New York and New Jersey are close to reaching an agreement that would break a 17-month deadlock over a port lease that has paralyzed the Port Authority of New York and New Jersey…
Russian Naval Base Uses Nuclear Subs For Electricity
Frequent power cuts on the remote Kamchatka peninsula have forced Russia's military to fire up reactors on nuclear submarines to provide electricity to bases there, an admiral said.
Harland & Wolff Wins $350M Order
Northern Irish shipyard Harland and Wolff has won a provisional order worth more than $350 million to build two luxury cruise liners, company officials said. The shipyard…
SembCorp Gets BP Shipping Deal
Singapore's Sembawang Shipyard Pte Ltd., a subsidiary of SembCorp Marine, has entered an agreement to repair the Far East fleet of BP Shipping Ltd. for an indeterminate amount of time.
Thirteen Die In Tanker Fire
At least 13 people were killed and 50 injured when fire broke out aboard a disused oil tanker near Bangladesh's Chittagong port on Wednesday, police and fire officials said.
Pumping of Remaining Erika Fuel Set To Begin
The first of five pollution-fighting vessels was to arrive in the French port of Brest on Monday to prepare to pump out tons of viscous fuel oil still lying in the hold of the sunken tanker Erika.
Houston Ship Channel Closed Due To Sunken Tugboat
A mile-long stretch of the Houston Ship Channel was closed to through traffic on Tuesday because of a sunken tugboat, the U.S. Coast Guard said. The channel, one…
Bergesen To Replace Staff, Cut Costs
Norwegian shipping company Bergesen plans to replace around 600 European staff members by the end of 2002 to create cost savings worth about $22.4 million a year, company officials said.
China Shipping Expands Tanker Fleet
China Shipping Development Co. Ltd. has entered into a series of ship chartering agreements worth $12.2 million with associates of its parent company China Shipping (Group) Co.
Dutch Barge Owners Order Nearly 200 Vessels
Dutch private barge owners have ordered about 200 new vessels, which will require a total investment of about $638 million, the Dutch inland shipping office said.
UK Ferries Among Least Safe In Europe, Survey Finds
A safety survey found that three of the four worst performing ferries in Europe sail from British ports. The survey of 26 ferries by European motoring organizations…
Military Officials Under Investigation For Part In Erika Spill
Three military officials working at the Brest maritime office in western France have been put under investigation over alleged failure to react to the sinking of the tanker Erika…
Frontline Acquires Golden Ocean
Norwegian shipping company Frontline has signed an agreement to take over U.S.-based Golden Ocean Group. Frontline has reportedly signed a term sheet with Golden Ocean…
A.P. Moller Places Tanker Order
A.P. Moller has placed an order for four product tankers with Guongzhou Shipyard International in Hong Kong. Including options, the contract brings the number of new product tankers ordered by A.P.
Cammell Laird Sole Bidder For Bulgarian Yard
British ship builder and repairer Cammell Laird Holdings Plc is the sole bidder for Bulgaria's Varna Shipyard, which faces insolvency, the Ministry of Economy said.
News
ConAgra Inc., the second largest U.S. food manufacturer, has agreed to sell American Commercial Lines LLC (ACL) its large U.S. inland barge fleet and operations.
Legal Matters
Senator Slade Gorton (R-Wash.) introduced the "States Prevention of Oil Tanker Spills Act" (S. 2506), which seeks to reinstate Washington state oil tanker safety…