Shipping Corp. of India Will Not Be Restructured
The Indian government will not follow the advice of PricewaterhouseCoopers and break up the state-run Shipping Corp of India (SCI) into three units ahead of its privatization, Reuters reported.
Blast in Greek Tanker Kills Worker
An oxygen bottle exploded in the hold of a Greek tanker anchored near Athens on Sunday, killing a repairman and injuring three others, a Merchant Marine Ministry spokeswoman said.
Sub Inquiry Focuses On Lingering Questions
The U.S. Navy opened a formal inquiry on Monday into the ramming of a Japanese trawler by a nuclear submarine, trying to answer questions about an accident that…
NASSCO Delivers USNS Watkins
National Steel and Shipbuilding Company (NASSCO) delivered USNS Watkins (T-AKR 315) to the U.S. Navy. The Watkins was delivered ahead of schedule, under target cost, and with zero discrepancies.
Ocean Rig Commences Arbitration Against FGH
Friede Goldman Halter, Inc. announced today that Ocean Rig ASA has commenced arbitration proceedings in London against Friede Goldman Halter, Inc., and Friede Goldman Offshore…
ENSCO Rig Damaged in Blowout
ENSCO International Incorporated and Forest Oil Corporation reported that one of ENSCO's jackup rigs sustained extensive damage while operating in the Gulf of Mexico.
ZF Has New Products On The Way
At a strategic planning meeting hosted in Italy this month, ZF Marine CEO Roland Heil reaffirmed the marine group's intention to take a leadership role in developing advanced propulsion systems.
ZF Marine CruiseCommand Offers Plug-n-Play Control
ZF Marine introduces a new plug-n-play CruiseCommand control that is designed to offer significant savings in installation and maintenance costs. The new system…
Crescent takes delivery of new design ships
U.K. shipping and transport group Crescent PLC has added two 2,670 dwt bulk carriers to the fleet of ships operated by Crescent Shipping, the group's dry cargo shipping division.
Transport Of A Heavy FP Propeller
In February John Crane-Lips transported one of the world's heaviest fixed pitch propellers from its premises in Drunen to 's-Hertogenbosch. This 6-bladed propeller…
Total Safety Assessment: An Efficient Tool For Ships
During the last two decades the shipbuilding and marine industry has taken huge steps in rule development and general safety awareness. This development has been…
ARL To Launch New Program
ARL will be launching ShipConstructor2001 in March. ShipConstructor is an AutoCAD-based 3-D product-modeling system, providing shipbuilders with an easy-to-use, yet powerful 3-D software.
CSO Deep Blue Delivered
Coflexip Stena Offshore said its new-built ultra deepwater pipelay and subsea construction vessel, the CSO Deep Blue, was delivered on March 1, by Hyundai Mipo Dockyards…
AAPA: The New Budget Falls Short
The Civil Works budget proposed by the Bush Administration represents a 14 percent decrease from last year and falls far short of meeting the nation's water resources infrastructure needs…
SEDNA Completes Sea Trials
Sonsub's newest cable burial and maintenance system, SEDNA, has successfully completed system tests and sea trials off the Louisiana coast at depths exceeding 9,900 ft.
Unitor awarded major supply agreement by Bergesen
Norway's Bergesen DY Group has awarded international ships service provider Unitor a three year agreement, plus two one-year options, to supply marine products and services to its commercial fleet…
Panamax Sector Remains Positive
The Panamax sector remains positive, although the prompt market is turning cautious, shipbrokers said. While freight rates and indices continue to show either gains…
Kristal Loss Raises Flags
Similarities were emerging between this week's loss of the tanker Kristal off Spain and a number of other recent tanker disasters, leading to warnings of an industry-wide crisis.
USACE Programs Come Under Bush Gaze
The Bush administration may require independent reviews of Army Corps of Engineers' plans for projects that are expensive or controversial to avoid a repeat of the…
Aker, Kvaerner Merger Proposed
Norwegian industrialist Kjell Inge Roekke proposed merging his Aker firms with the shipbuilding and oil and gas divisions of Kvaerner on Wednesday to combat stiffening world competition.
