Harland & Wolff Rescued
Harland & Wolff's (H&W) existence was extended last week as it won a 300 million pound ($458 million) contract to build four passenger ferries. The order from Bahamas…
Alaska DEC Addresses Possible Cruise Ship Pollution Measures
Regulators seeking to prevent cruise-ship pollution should measure air quality this summer in Juneau, conduct random tests of waste discharges into Alaska's waters…
Zim, Coscon To Cooperate
Israeli shipping company Zim Navigation Co. will begin a service cooperation with Shanghai's Cosco Container Lines (Coscon) for shipments from the United States beginning in June.
P&O Acquires Rival Cruise Operator Festival
P&O's ongoing return to its maritime roots continued Thursday with the acquisition of European cruise firm Festival in a deal worth up to $400 million. Peninsular and Oriental Steam Navigation Co.
Kockums Now Tribon Solutions
Kockums Computer Systems is changing its name to Tribon Solutions and plans to launch a new international business concept this summer. Under its new name, the company's…
FirstWave And A&P Form Alliance
FirstWave and A&P Group have laid the foundation for the first global network dedicated to marine repair. This alliance will initially capitalize on the multi-site…
Geiger Named FGH President
Friede Goldman Halter elected Paul Geiger, Jr. as president of Friede & Goldman, Ltd., the company's naval architecture division, which is renowned for its designs…
AMCV Elects Davison As VP - Finance
American Classic Voyages (AMCV), has appointed Nicholas J. Davison vice president, finance. Davison, who previously served as financial and operations officer with Cunard Line for more than 14 years…
Nalen Awarded Crowley Trophy
Charlie Nalen, vice president, Environmental Affairs Safety & Quality for Crowley Maritime Corp. was honored for his service with the 1999 Thomas Crowley Trophy, which is the company's highest honor.
NNS First Quarter EPS UP
Newport News Shipbuilding (NNS) reported net earnings of $21 million, or $.63 diluted share, for the first quarter of 2000. Earnings before interest and taxes (EBIT) for the quarter were $47 million…
Crowley Now Operating Tanker Prudhoe Bay
Crowley Petroleum Transport, Inc., a Long Beach, Calif.-based subsidiary of Crowley Maritime Corporation, is now operating the tanker Prudhoe Bay chartered to ARCO Products…
Wärtsilä Announces Management Changes
Professor Matti Kleimola, 54, Lic.Tech. has been appointed Group Vice President, Technology and a member of Wärtsilä NSD´s Board of Management effective July 15.
Dry Freight Markets Steady
Conditions on the dry cargo freight market were generally steadier for Capesizes on Wednesday, with the Baltic Cape Index posted at an unchanged 2,171, brokers said.
Tanker Hired To Evacuate Refinery Diesel
Indian Oil Corp. (IOC) hired a 106,000 DWT tanker on a month's charter to evacuate diesel from Reliance Petroleum Ltd's (RPL) refinery to India's east coast. "Liberian…
Wounded Ship Heads For Canada
Quebec City, Canada: The Hong Kong-flagged bulker Aptmariner was sailing to Quebec City, Canada, for repairs to damage caused by its grounding in St. Mary's river on May 5, Reuters reported.
Bulk Carrier Runs Aground
Mozambique: The Cyprus-registered bulk carrier Artemis SB, fully loaded with granite, ran aground at Beira port, Mozambique, on Sunday, May 7, Reuters reported.
OPEC Output To Stay Steady
OPEC President and Venezuelan Energy Minister Ali Rodriguez dismissed another increase in crude oil output in July, quelling speculation that a recent price spike…
Nedlloyd Posts Loss
Dutch shipping firm Koninklijke Nedlloyd Groep NV posted a first-quarter net loss of 17 million euros, but said it expected full-year results from ordinary activities…
Harland & Wolff Rescued
Harland & Wolff's (H&W) existence was extended last week as it won a 300 million pound ($458 million) contract to build four passenger ferries. The order from Bahamas…
Samudera Delivers First Of Two Tankers To Pertamina
Samudera Shipping Line delivered the first of two new 17,500 dwt tankers to Indonesia's state-owned oil and gas firm Pertamina. The vessel, M/T Sinar Mas, had a…