No Relief Yet
Oilfield service companies were not nearly as lucky as their oil producing counterparts. While net income in the oil producing industry was up over the 1998 third-quarter…
Powerful Additions
After success with six John Deere marine engines, a charter fisherman adds four new PowerTech 12.5 L engines to his fleet. Steve Tomeny can't get enough of a good thing.
Oil Price Rebound Means Big Gains for Oil Producers
The third quarter proved to be a prosperous one for oil companies, as most of our sampling realized substantial gains in net income and net operating income for the period…
Barge Business Booming at Bollinger
Well-known in the shipbuilding industry as a quality builder of various vessels and as a specialist in ship and barge repair, conversions and barge flaring, Lockport…
Shipyards Multitask to Gain Experience
Worldwide, the road to success in the ship and boatbuilding market is literally paved with companies that have gone belly up, been acquired or are currently hanging by a literal thread.
Global To Open Offshore HQ
Global Industries will significantly expand its capacity to meet operators' deepwater and reel pipelay needs in the Gulf of Mexico this December with the opening…
Up, Up and Away?
The only logical reason the sustained high price per barrel of oil has not already been dubbed "OIL BOOM 2000" is the fact that hindsight is 20/20. Companies that operate…
Royal Olympic Considering Proposals
Royal Olympic Cruises Lines stated that a special committee of its outside directors has been considering proposals and alliances involving the company and/or its majority shareholder, ROC Holdings.
New Management Elected At BIMCO
BIMCO Informatique has elected Jan Henrik Monsen as manager, while Per Løvgren was appointed IT Manager. Monsen, who has been marketing executive for BIMCO, will…
BP Marine Establishes Presence In Chile
BP Marine has opened a new supply network in Chile offering a full lubricant supply facility at 14 ports along the Chilean coast from Puerto Montt in the South - to Iquique located further North.
Lintec Launches Online Fuel Analysis Service
International marine fuels testing and analysis company Lintec has launched Marline, an Internet-based fuel analysis service that will provide clients with tailor…
Leica Chosen As Supplier For Callan Marine
Callan Marine has selected Leica's MX 480 Professional Chart Navigator for the new Callan 55 high-performance luxury speedboat. Powered by twin 3,750-hp helicopter…
Rydex Selects Keysystems As Greek Distributor
Rydex has appointed KeySystems as its exclusive distributor for the Greek and Cyprus markets. The Athens-based company has achieved major sales success in the Greek…
Crowley To Increase Central America Services
In order to better accommodate growing cargo volumes between the U.S., Mexico and Central America, Crowley Maritime Corp. is implementing several service enhancements…
EMSA To Implement New Industry Standards
The European Marine STEP Association (EMSA) has published the first two business cases for "Exchange of Hull Form Design Data for Model Testing" and "Exchange of…
Unitor Product Labeling Promotes Safety
Unitor has developed an innovative new labeling system for its range of marine chemicals that aims to contribute significantly to upgraded shipboard safety. The new system…
Siemens-Schottel Gains Worldwide Approval
The Siemens-Schottel Propulsor Consortium (SSRP) was granted approval for the new SSP marine propulsion. After more than two years of development, Det Norske Veritas…
AHI Starts Work On Drydock
Keppel Corp Ltd. unit Arab Heavy Industries (AHI) has started construction on its first drydock, valued at $19.1 million. "The number of ports in the Arabian Gulf…
HK Port To Shut Down For Y2K Inspections
Hong Kong will halt operations at its container terminals and check whether ships calling at its port are ready for the Y2K computer bug in the hours straddling the New Year, a top port official said.
Congressional Report Will Help NOAA Fisheries Resolve Overcapitalization
A NOAA-funded independent report analyzing U.S. fishing subsidies should play a strong role in efforts to right-size the U.S. fishing fleet, said NOAA. The report…