MetalCraft Building Multi-Beam Hydrographic Survey Craft
MetalCraft Marine Inc., of Kingston, Ontario, is nearing completion of its second Hydrographic Survey Craft for the Canadian Government's Department of Fisheries and Oceans (DFO)…
Proposed Outer Continental Shelf Rules Published
After many years of work, the USCG published a Notice of Proposed Rulemaking (NPRM) for the Outer Continental Shelf Activities, 33 CFR Subchapter N, in December.
MDC Plans For Debris Management Vessel
The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) intends to acquire a debris management vessel to serve the U.S. Army Corps of Engineers…
AMSEC Acquires Rosenblatt & Son
AMSEC LLC has attained the naval architecture and marine engineering firm M. Rosenblatt & Son, New York, New York. The company, which is known as one of the premier…
Japan Radio Adds New Staff
In an effort to continue its ever widening expansion program within the marine electronics market in both North and South America, Japan Radio Company has added key personnel to its U.S.
Raytheon Enters Agreement With STN Atlas
Raytheon Marine Company High Seas Products (RMC) has entered into a cooperative agreement with STN Atlas Marine Electronics for worldwide distribution of Inmarsat-B Satellite Communication Systems.
Tampa Bay Shipbuilding Elects New CEO
Tampa Bay Shipbuilding & Repair Company announced the appointment of Walter J. Hartley Jr. (Joe) to the position of president and CEO. A native of Jacksonville, Fla.…
Transas Forms New Hydrographic Team
A new team has been elected to focus on Hydrographic Office (HO) Issues on behalf of TM Ltd. Headed by Vladimir Vaigachev, who is also responsible for all in-house…
Bahrain, Iran Sea Link Examined
A team of businessmen and shipping officials from Bahrain plans to visit Iran to examine the possibility of launching a sea link between the two states, Bahrain's commerce minister said.
Submarines As Ore Carriers?
Russia'sNorilsk Nickel - a big metal producer -- has finished a feasibility study of a project to use nuclear submarines for ore shipments, which once started will cost $80 million…
Fincantieri Posts $226M Loss
Italy's Fincantieri posted a 458 billion lire ($226.7 million) loss in 1999, but said the picture looked healthier in the first months of this year due mainly to greater efficiency.
Illegal Ferry Ops Again Equals Disaster
At least 56 people, many of them children, drowned and scores are feared missing after an overcrowded boat capsized off Jolo island in the southern Philippines, officials said last Thursday.
Mannesmann Board Appoints Top Execs.
The Board of Directors of Mannesman Rexroth Corp. has elected five executive vice presidents, furthering the company's new "Combined Strengths Strategy." Established in 1999…
P&O To Pull Hong Kong Listing
Peninsular and Oriental Steam Navigation Co. decided to withdraw the secondary listing of its deferred stock from the Stock Exchange of Hong Kong at the close of May 8.
Norne Feels Stays Shut Longer Than Expected
Statoil said that scheduled maintenance closure at the North Sea Norne oilfield would run a few days longer than expected. Norne, which shut down for one week on April 4…
BDI Down Slightly
The Baltic Dry Index (BDI) was down 3 points on Wednesday to 1,681, Panamax up 3 to 1,516, Capesize down 15 to 2,354 and the Handy up 3 to 1,184 points. Softer rates…
Leif Hoegh Profits Expected To Rise
Norwegian shipping group Leif Hoegh & Co. last Wednesday forecast continued gains in operating profits in 2000 after a leap in the first quarter. Operating profits…
$475M Ferry Deal Eagerly Awaited
British Prime Minister Tony Blair said his government will take the needs of domestic shipbuilders into account when it awards a $475.1 million contract for naval ferries.
Tampa Bay Shipbuilding Elects New President
Tampa Bay Shipbuilding & Repair Company announced the appointment of Mr. Walter J. Hartley Jr. (Joe) to the position of President and CEO. A native of Jacksonville…
Portuguese Dredger Sold
Dutch Koninklijke Boskalis Westminster NV bought fellow dredger Dragapor from the Portuguese government. The unit, which was put up for sale in December, will be…
