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Latvian Shipping Given OK To Sell Refrigeration Fleet
The Latvian privatization agency cleared Latvian Shipping to sell part of its loss-making refrigerator fleet to concentrate on its core tanker business, Reuters reported.
EU To Ban Subsidies, Monitor S. Korea
The European Commission plans to bar state aid to European shipyards from the year-end, but could reinstate it within months if South Korea fails to halt alleged unfair help to its shipbuilders…
Greek Ferry Exec Plunges To His Death
A senior executive at the shipping company which owned a Greek ferry that sank in September killing 80 people, plunged to his death from the sixth floor of his office building on Wednesday…
Channel Islands National Park Contracts for New Boat
The National Park Service has awarded a contract to Modutech Marine Inc. of Tacoma, Washington for the construction of a new crewboat for Channel Islands National Park in southern California.
Experts Mull Risks Of Mid-Sea Gasoline Transfer
Salvage workers and shipping experts were studying a possible mid-sea transfer of nearly 30,000 tons of gasoline from a damaged tanker at risk of exploding, the ship's operators said.
IMO Calls For Ship Safe Haven Measure
The International Maritime Organization (IMO) called on Monday for measures to ensure refuge for troubled ships like the Greek tanker Castor, which was last week…
Southern Hospitality
The teaming of Austal Ships and Bender Shipbuilding to construct, from the ground up, a world-class aluminum vessel construction facility in Mobile, Ala., highlights…
Horizon Delivers New Z-drive Tug For Dixie Towing
Horizon Shipbuilding of Bayou La Batre, Ala., delivered a Cummins-powered Z-drive tug to Dixie Towing of Jacksonville Florida on January 12, 2001. The 70 x 26-ft.
Exxon Snags Single Hull Tanker Charters
Five months after entering the tanker market to hedge its freight risk, U.S. oil giant Exxon Mobil has finally clinched two single-hulled VLCCs for five years time…
'Safe Haven' Debate Could Have Resounding Effects
A situation ongoing at press time half way around the world promises to affect the way in which ship emergencies are handled in the U.S. and abroad. Last month,…
Galapagos Spill Poses New Problems
Ecuadorean naval officers struggled on Tuesday to right a wrecked ship half a mile (800 m) off the shore of Ecuador's famed Galapagos islands after nearly all the…
Chinese Ship Sales Legally To Taiwan
More than half a century of family division ended in hugs and tears of joy on Tuesday after the first mainland Chinese ship to sail legally to Taiwan since 1949…
Celebrity Cancels Summer Israel Calls
Celebrity Cruises canceled summer port calls at Haifa, Israel, by its Millennium ship, saying the itinerary change was meant to ease passenger fears about political violence in the region.
Galapagos To Make Recovery
Ecuador's Galapagos islands should make a full recovery from the oil spill that tarnished its sandy shores, a sign of hope for the hundreds of unique species there…
Galapagos’ Latest Natural Wonder … Jessica?
It seems that the stricken oil tanker that fouled Charles Darwin's Galapagos island paradise cannot be moved and is set to become an artificial reef, teeming with…
SembCorp Posts Small Profit Rise
SembCorp Marine Ltd. (SCM), Singapore's largest ship repairer, posted a small rise in its 2000 net profit, in line with market expectations. SCM, 63 percent owned…
USN Procedures Under A Microscope In Wake Of Trawler Sinking
The U.S. Navy, eager to keep its submarines hidden as much as possible, rejected three official recommendations aimed at preventing collisions like the one that…
Castor Is Now Clean
Salvors working in open seas have managed to safely discharge a petrol cargo from a damaged Cypriot tanker in the Mediterranean, averting the risk of an environmental disaster.
Kashagan Operator Pick To Come Soon
Kazakhstan's first deputy prime minister expects OKIOC, a consortium exploring the giant offshore Kashagan oil deposit, to appoint a project operator within two weeks.
Fred Olsen Buys H&W Real Estate Interests
Norway's Fred Olsen Energy is buying the real estate interests of its Belfast, Northern Ireland shipyard Harland and Wolff for $67.2 million to boost the yard. "This…
