OPEC Compliance Slips
OPEC compliance with supply curbs appears to have fallen in October but from a level revised higher for September, according to a leading consultant. Preliminary…
Iran Charters 550,000 ULCC
Iran has chartered a 555,000 dwt ULCC for floating oil storage to replace two VLCCs, tanker brokers said. The 1979-built Sea Giant is scheduled to be delivered in…
Inmarsat To Concentrate On High Bandwidth Multimedia Services
As per the company's Board of Directors, Inmarsat has decided, after a comprehensive detailed analysis, that it will not be proceeding any further with direct investment…
Moore Stephens Warns Of Internet's Risk
Moore Stephens has alerted the shipping industry to be wary of the Internet. Per the most recent edition of its in-house newsletter, Bottom Line, the company informs…
Friede Goldman and Halter Complete Merger
Friede Goldman International, Inc. and Halter Marine Group Inc. have announced the two companies have completed their previously announced merger and the name of…
Chevron Increases Dividend For 12th Consecutive Year
Chevron Corp. today declared a quarterly dividend of $.65 per share, payable December 10 to stockholders of record Nov. 19. The dividend rate increased $.14 per…
MaK Signs Letter Of Intent For Its Subsidiary
MaK Motoren GmbH & Co., a Caterpillar company, has signed a letter of intent for the sale of its marine sales and service subsidiary MaK Scandinavia to Geveke -…
Ferry Fire Kills 10 Stowaways
At least 10 illegal immigrants died in a fire Nov. 2 on the vehicle deck of an Italy-bound Greek ferry with more than 400 people aboard and a search was under way for more bodies…
U.S. Marine Insurers To Review State Of Market
Trends and developments affecting the U.S. ocean marine insurance market will be discussed at the annual meeting of the American Institute of Marine Underwriters (AIMU) on Friday, Nov.
Kuykendall Introduces Legislation To Increase Employment Of American Merchant Mariners
Congressman Steven T. Kuykendall, vice chairman of the Merchant Marine Panel for the House Armed Services Committee, has introduced legislation that would provide…
U.S. Military Modules Will Be Cummins Powered
A large ship arrives off a port devastated by natural or military forces. The ship contains badly needed supplies but the port infrastructure has been destroyed.
Oil Consumption of Medium Speed Diesel Engines
Reliability and availability are of paramount importance to all users of internal combustion engines. Inherent engine design reliability must be complemented by…
Autoload To Interface With Simrad
Autoship Systems Corp. of Vancouver, Canada, along with its partner Coastdesign, Norway have recently signed a contract with Kongsberg Simrad AS for the development…
STN Atlas Trains WIth Modular Simulators
In response to a change in emphasis from certification to verification of competency as per the upgraded Standards of Training Certification and Watchkeeping (STCW 95) convention…
Kockums Kicks Off Upgraded Tribon M1
The new generation of Tribon Shipbuilding system for ship design and building, Tribon M1 utilizes Microsoft NT-based technology to set the stage for easy installation…
Spar Pens Dealer Agreement
Spar Associates of Annapolis, Md. signed a Dealer Agreement with AP&GF Marine Software to serve as representative and distributor of Spar's shipyard planning and…
Creative Systems Upgrades GHS Software
General HydroStatics (GHS) software produced by Creative Systems is now available with an added feature - the ability to handle multiple floating bodies with points of contact between them.
BP Marine Launches Port To Port
BP Marine is aiming to ease the task of marine route planning with its latest version of Port to Port, which is based on the company's own marine distance tables.
All "Eyes" On The Engines
According to a leading classification society, the "torque limiting device" requirement for a single diesel engine installation can be waived when a coupling monitoring device is installed. The U.S.
The Great Debate
Despite tremendous strides being made on the marine electronics and technology fronts, ships continue to collide at what many deem an unacceptable rate. The recent rash of high-profile casualties…