CP Ships Completes Credit Facility
CP Ships today signed the first part of the US$ 350 million secured five year revolving credit facility announced on December 12. Of the $350 million, $250 million…
Carnival's Shares Plummet 40 Percent
Carnival Corporation reported net income of $116.3 million ($0.20 Diluted EPS) on revenues of $959.1 million for its fourth quarter ended November 30, 2001, compared…
Carnival Gives RCCL A Run For Its Money
Exactly one month to the day that P&O Princess and Royal Caribbean Cruise Lines announced that they would merge to form a $6 billion cruise corporation, Micky Arison's powerhouse Carnival Corp.
Dr. Tamara Jernigan To Serve As Carnival Pride Godmother
Dr. Tamara Jernigan, a pioneer in U.S. space travel who has logged more flight hours on the space shuttle than any other female astronaut in history, has been selected to serve as godmother of the 88…
Thomas B. Crowley Sr., Memorial Scholarships Presented to Three U.S.M.M.A. Midshipmen
Continuing its tradition of supporting academic excellence, Crowley Maritime Corporation last week presented Thomas B. Crowley Sr., Memorial Scholarships to three midshipmen from the U.S.
Crowley is First U.S. Carrier to Transport Commercial Cargo To Cuba in Nearly 40 Years
After many months of trying to gain entrance to the Cuba market, Crowley Liner Services succeeded in a big way Sunday, making the first commercial cargo delivery…
Master of French Fishing Vessel Fined for Navigation Violation
The UK Maritime and Coastguard Agency (MCA) report that a French maritime court convicted the French skipper of the fishing vessel St. Jacques II for violations…
UK Seeks Views on Ports Consultation Paper
The UK Department for Transport, Local Government and the Regions (DTLR) issued a News Release stating that it is seeking views on ways of identifying and assessing…
Meeting of Commission on Ocean Policy
The U.S. Commission on Ocean Policy will hold its first regional meeting (the Commission’s third meeting overall) to hear and discuss issues of concern to the southeastern region of the United States…
BP Awards Caspian Geophysical Contract
Caspian Geophysical, the joint venture between WesternGeco and the State Oil Company of Azerbaijan Republic, announced that BP has awarded Caspian Geophysical a…
Vice Chairman of Schlumberger Limited Retires
Schlumberger Limited announced today that vice chairman Victor Grijalva will retire at the end of the year. decades. made an enormous contribution to the success…
Eastern Shipbuilding Group Delivers Integrity
Eastern Shipbuilding Group, Inc. successfully delivered the Integrity, a 166 ft. 5 in. dismountable Cutter Suction Dredge, which they recently constructed for inland dredging company LLC of Dyersburg…
Cargo and Cruise Industries Show Growth at Port of Miami
Newer and larger cruise ships homeported at the Dante B. Fascell Port of Miami-Dade helped the transportation hub retain its title as the Busiest Cruise Port in the World.
Mariner Energy Discusses Hornbeck-LEEVAC Announcement
Mariner Energy, Inc. announced that consistent with the scheduled completion of its 2001 drilling program, it released the Noble Homer Ferrington semi-submersible…
Northrop Grumman Confirms Financial Guidance
Northrop Grumman Corporation said today that it will confirm previously announced financial guidance in a meeting with investors on December 20. common stock and…
Royal Caribbean Reaffirm Commitment to P&O Princess Cruises Merger
Royal Caribbean Cruises, Ltd. today reaffirmed its commitment to the merger it has signed with P&O Princess Cruises plc that was announced on November 20, 2001.
Norcontrol IT Wins Contract to Upgrade VTS for North Sea Draugen Platform
Norcontrol IT has won the contract to upgrade the Vessel Traffic Management and Information System (VTMIS) for the Draugen Offshore Oil Platform in the North Sea.
Thrustmaster Announces Personnel Additions
Thrustmaster of Texas, Inc., one of the world’s leading manufacturers of marine propulsion systems, announces new personnel additions. Jeff Miller, who joins the company as marketing manager…
OMI Announces Delivery of Acquired Vessel
OMI Corporation announced that it had taken delivery of the Ohio, a new 37,000 dwt product/chemical tanker. The vessel has entered into a previously announced three year time charter. Craig H.
Tenix Secures Second Philippines Contract
The go-ahead for six new search and rescue vessels for the Philippine Coast Guard confirms Tenix Defence as Australia’s leading patrol boat constructor, Tenix Group…