Corrosion Monitoring System Granted Patent
InterCorr International, the Houston-based corrosion engineering and technology company, was granted a new patent (US Application 09/202193) for "Assessment of Corrosion."…
Unitor E-Commerce Procurement Goes To Sea
Unitor's 4,500 international shipping customers now have a ready made solution for e-commerce procurement available. The solution makes it possible to electronically…
Jarle Roth Takes The Helm At Unitor
Effective March 2001, Jarle Roth took over as the president and CEO of international ships service provider Unitor. Roth, a qualified naval architect, joins Unitor…
Northrop Grumman Extends Tender Offer For Litton Industries
Northrop Grumman Corporation has extended its pending tender offer for the common and preferred stock of Litton Industries from March 15, 2001, to March 22, 2001.
Increased power for the Sulzer RTA96C
Wärtsilä Corporation has increased the power outputs available from Sulzer RTA96C low-speed marine diesel engines by some four percent, and also added a 14-cylinder…
Adsteam To Buy Howard Smith Ltd.
Australia's largest marine towage group Adsteam Marine Ltd. has agreed to buy Howard Smith Ltd's Australian and U.K. towage businesses for A$500 million. "The transaction…
Japanese-Chartered Tanker Is Free To Leave
The Indonesian Supreme Court has ruled that a Japanese-charted oil tanker, held up by a local dispute, can leave the country but when was unclear, an official with the oil company involved said.
P&O Powers Through Poor News
Britain's Peninsular and Oriental Steam Navigation Co (P&O) shrugged off higher fuel costs and fears of a downturn in the United States to beat forecasts with a 12 percent rise in profits.
Vopak Sells Stake In Heavy Transport Group
Dutch-based chemical distribution and storage company Vopak NV said on Thursday it had sold one third of its 30 percent stake in unit Heavy Transport Group NV to unlisted Dutch partner Heerema.
ABS, DNV, LR Take Action
Three leading bodies responsible for surveying ships and verifying them as seaworthy launched an initiative on Thursday aimed at dispelling growing industry concern…
Atlantic Rates Set To Move Higher
Panamax fixtures for end-March loading dates supported forecasts that Atlantic rates are set to move higher, shipbrokers said. But although the Capesize move to…
World's Biggest Oil Platform May Sink
The world's biggest oil platform, owned by Brazil's state oil giant Petrobras, may sink, sending the death toll to 10 after two powerful explosions rocked the rig earlier Thursday…
Transas Awarded An Order For OOCL Container Ship Model
According to the order received from the global container transportation company, Orient Overseas Container Line (OOCL), Transas Marine will create a mathematical and visual model of the company's 75…
Leading Societies Launch Sweeping Safety Initiatives
American Bureau of Shipping, Det Norske Veritas and Lloyd's Register have developed a series of initiatives to further improve the safety of international shipping.
MAN B&W Extends MC Program
In order to meet the demands for more powerful engines, specifically in the container vessel arena, MAN B&W has added an L60MC-C and an L70MC-C compact engine to its program.
Furuno's New NavNet Is Compact, Seamless
Furuno has developed a networked bridge, compacted into one convenient unit - the NavNet series. The 7-in. color LCD radar/chart plotters include the 1722C, 1732C and 1742…
Rolls Royce, Northrop Grumman Win UK Navy Contract
Aero-engine giant Rolls-Royce Plc and U.S. defense contractor Northrop Grumman have been awarded a $121.7 million contract to supply gas turbine packages for the UK's Royal Navy.
Maritime Industry Mourns Loss Of RINA's Technical Director
Giuliano Pattofatto, technical director of Registro Italiano Navale (RINA) passed away on March 8 from heart failure. After graduating with a degree in Naval Architecture…
Frontline Says There's Still Room for Takeovers
Tanker operator Frontline, which announced on Wednesday it planned to list its shares on the New York Stock Exchange, said that there could be room in the tanker…
Blount Retires From ACCL; Names Daughter As Successor
Maritime veteran Captain Luther Blount has done it again in terms of firsts in the maritime industry - the 84-year-old founder of American Canadian Caribbean Line (ACCL) has named his daughter…