Tanker Market Crawls Back To Work
As charterers crawled slowly back to their offices this week, brokers said they were struggling to ascertain where exactly the market stood. Uncertainty over the size of future OPEC cuts…
$29.9 Million Approved For U.S. Shipbuilding Loan Guarantees
Congress has approved $29.9 million for the Maritime Loan Guarantee Program, or Title XI program, a $27.9 million increase over the President's Fiscal Year 2001 budget request.
Coast Guard Announces Marine Casualty Reporting Requirements
On Thursday, November 2, 2000, the U.S. Coast Guard published a notice of proposed rulemaking (NPRM) regarding marine casualty reporting requirements. The proposed…
Innovation on the Irish Sea
Nordic prowess in ferry technology, coupled with Irish business verve, is set to take the sector to a new highpoint as regards the concentration of wheeled freight capacity in a RoRo passenger vessel.
Editor's Note
The image of a fun-loving boat full of passengers in Hawaii may provide the slightest bit of wintertime relief for those of us snowbound in the Northeast U.S., but…
Thomson-CSF Now Known As Thales
International defense and commercial electronics group Thomson-CSF is rebranding its global operations with a new name - Thales. A global business, with operations in nearly 30 countries…
USCG To Revalidate Merchant Marine Licenses
The U.S. Coast Guard has mapped out a recall and verification program for merchant mariners' licenses and documents issued throughout the past several years from a branch licensing office in San Juan…
MAN B&W Sets Sales Records With Four-Stroke Engines
MAN B&W Diesel and their licensees have received the 500th order for the 32/40 series of its four-stroke engine - bringing the total output of the engine sold to…
NovAtel Awarded Galileo Contract
NovAtel has been granted a contract by the European Space Agency (ESA) for definition work on Galileo, the proposed European satellite navigation system. The $126…
MMA Educates On The Importance Of At-Sea Medical Care
Massachusetts Maritime Academy (MMA) is focusing on the significance of medical care onboard ships with its new USCG/STCW-approved Medical Care at Sea - Person in Charge (PIC) course.
MAN B&W Diesel Canada Elects New Sales/Marketing Director
MAN B&W Diesel Canada has appointed Roger Noseworthy as director of Sales & Marketing. A sales and marketing professional with previous experience in the automotive…
Sait-Stento To Divest Sait Communications
Sait-Stento has signed a Memorandum of Understanding with Telenor Broadband Services, a subsidiary of Telenor with plans to sell all of its shares in Sait Communications…
Heindenreich Marine Develops Product Tanker Pool
Heindenreich Marine has created a new global clean petroleum product tanker pool - Dorado Tankers - to be managed from Heidmar's new office in Darien, Conn. The…
Aker Constructs Vessel Trio For Scottish Northlink
Aker Finnyards and Northlink, a joint venture of Caledonian MacBrayne and Royal Bank of Scotland, have agreed to build two passenger RoRo vessels for the ferry service…
Damaged Tanker Held By Coast Guard
A damaged tanker, Castor, carrying 29,000 tons of gasoline is being held outside Moroccan waters by the Coastguard, its Greek operator Athenian Sea Carriers said.
BDI Down Slightly
The Baltic Dry Index (BDI) shed two points to 1,594, the Baltic Panamax Index (BPI) gained five points to 1,573, the Baltic Handymax Index fell 32 points to 9,311…
Frontline Buys Back Shares
Frontline has through market purchases executed January 3, 2001 bought back 257,300 of the Company's common shares. The shares have been bought back at a price of NOK 109.82.
Pakistan Gas Demand Expected To Double
Pakistan's demand for natural gas is anticipated to double by the year 2005, an increase which the country require an increase in gas imports, the state-run Sui Southern Gas Company (SSGC) said.
IHC Caland Wins Multiple Orders
IHC Caland NV won orders worth about $141.9 million. The orders include building a RoRo ferry for a French client, an offshore support vessel for a British firm…
Halter Marine Gets $400 Million Project For Egyptian Navy
Halter Marine has been chosen by the Egyptian Navy to construct four Ambassador MK III Fast Missile Patrol Craft (FMC). The vessels will be the continuation of the Ambassador Class Patrol Craft…
