Illinois River Locks Out Vessels From Valley City To Havana
The U.S. Coast Guard said on Friday it had closed the Illinois River from Valley City to Havana, Illinois, due to rapid changes in river stages, current flow and ice movement.
Bush Urges Prudence To OPEC
The incoming Bush administration warned on Friday that an oil production cut by OPEC next week would lead to higher energy prices for U.S. consumers. OPEC members will gather Jan.
Rig Utilization Up In GOM
Worldwide offshore rig utilization fell slightly during the week ending January 12, but ticked higher in the U.S. Gulf, according to Offshore Data Services (ODS).
Oceanbulk Line Debuts New South American Service
Oceanbulk Line began a new fixed 23-day schedule between Vera Cruz, Houston, Mobile (on inducement), Miami, Praia Mole (Vitoria), Rio de Janeiro and Buenos Aires.
Matson Fined $3M For Bilge Violation
Matson Navigation Co. will pay $3 million in fines after admitting it illegally dumped bilge water that may have been contaminated with waste oil, the U.S. Attorney in Seattle said.
Iraq: OPEC Should Reduce Output Up Two Million Barrels
Oil cartel OPEC should reduce production by between 1.5 million and 2 million barrels per day (bpd) when it meets next week and shun U.S. calls for a smaller cut…
Fishing Vessel Sinks
Seven Spanish crewmen were missing after a Spanish fishing vessel sank in rough seas off the coast of Portugal on Thursday, Reuters reported. The spokesman said that four other sailors…
Taylor Made Environmental Opens New U.K. Facility
facility in Poole to provide sales and technical support throughout Europe for the company's marine air conditioning, refrigeration and battery charger product lines.
Mediterranean Shipping Company Orders New Cruise Ship
Mediterranean Shipping Company. (MSC) has announced that its cruise division, Mediterranean Shipping Cruises, today confirmed an order for a new 1,600-passenger…