Telenor Finalizes Comsat Acquisition
Telenor has completed the acquisition of COMSAT Mobile Communications operations . Simultaneously to the acquisition, Telenor gathers all its mobile satellite activities…
Sand Bypass System Being Considered in Ventura Dredging Project
The U.S. Army Corps of Engineers issued a Notice of Intent to prepare a Joint Environmental Impact Statement/Environmental Impact Report for the Ventura Harbor Sand…
Navy Patrol Craft Reassigned to USCG for Homeland Security
The U.S. Coast Guard said that all 13 Cyclone-Class Navy Patrol Coastal (PC) ships have been reassigned to the Coast Guard in support of the Homeland Security mission.
Moody’s Downgrades Millenium Seacarrier
Moody's Investors Services downgraded Millenium Seacarriers, Inc.'s $100 million 12% First Priority Ship Mortgage Notes due 2005 to Ca from Caa2. The senior implied…
BV Approves New Gas Transport System
Bureau Veritas (BV) awarded concept approval to CS1, a new membrane containment system developed by Gaztransport and Technigaz (GTT) for the transportation by sea of Liquefied Natural Gas (LNG).
CP Ships Appoints Torrens VP
Iain Torrens has been appointed vice president, treasurer for CP Ships. He is based at the company's management headquarters in London and reports to CFO Ian Webber.
Keppel Wins $400M Power Contract
Keppel FELS Energy has won a “take-or-pay” contract to supply electricity in northeastern Brazil. The Power Purchase Agreement (PPA) was signed between Nordeste Generation Ltda…
Oil Spill Show Set For March
A forum entitled The Third R&D Forum - High-density Oil Spill Response, is scheduled for March 11-13, 2002 in Brest, France. Organized by the International Maritime Organization (IMO)…
Kelvin Hughes Announce Saab AIS Deal
Kelvin Hughes is now able to supply both Automatic Information Systems (AIS) and Voyage Data Recorders (VDR), as part of its fully compliant integrated bridge systems (IBS).
OSI, MSI Join Forces for Navy Training
Offshore Systems International Ltd. and MarineSafety International signed a Memorandum of Agreement to offer ECDIS-N (Electronic Chart Display Instrumentation Systems-Navy) training to the U.S. Navy.
High Court Backs Barge, Tugboat Rules
According to a recent wire report, the Supreme Court said that federal regulators can impose strict worker safety standards on barges and tugboats. The Associated…
Midland Leases $18M in Barges
Cincinnati-based Midland Enterprises, which operates a fleet of barges, towboats and tugboats, has leased more than $18 million in new equipment from Firstar Bank during this past year.