Navy Budget Proposal Causes Commotion on Capitol Hill
Just when it seemed as though the U.S. Navy, which has served more than any other military sector as the budget whipping post in the post Cold War era, was positioned to attract long overdue funds…
OIG Completes USCG’s NDR Audit
The Department of Transportation Office of Inspector General (OIG) issued a Statement saying that it has completed and submitted to Congress an audit of the Coast…
Saab TransponderTech Wins Order For AIS
Saab TransponderTech, Solna Sweden has been awarded a contract for an AIS transponder System to the Shetland Islands. The AIS system comprises two Base Stations…
Royal Caribbean Responds to Carnival's Proposal
"Carnival has now announced a fourth proposal. In my view this latest one is no more real than the previous ones.
Spirit of Vancouver Island To Go For Refit
The M.V. Spirit of Vancouver Island will be removed from service for annual refit from Monday, February 11 to Sunday, March 17, 2002 inclusive. During this period the M.V.
Inmarsat Opens D.C. Office
Inmarsat Ventures plc., announced the opening of their first U.S.-based operations with an office located in Washington, D.C. Inmarsat will execute their North American…
Signal Corp. Gets Navy Contract
satellite communications for Navy ships and shore activities. This contract contains options, which if exercised, would bring the total cumulative value of this contract to $28,693,803.
Tanker Officer Indicted for Causing Death of Crew Member
The U.S. Department of Justice issued a press release reporting that the Chief Officer of the U.S. the death of a crewmember during a tank cleaning operation through misconduct…
Stolt Offshore To Settle Share Guarantee
Stolt Offshore S.A. announced that, as expected, Vinci, the owner of the 6.1 million Stolt Offshore Common shares issued as partial compensation in the ETPM acquisition in December 1999…
Kvaerner Secures Letter of Inteny For Kristin Project
the Norwegian shelf. The order, which is to be awarded to Kvaerner Oilfield Products, will be worth in excess of $110 million, and will involve the supply of equipment…
President Nominates Collins as Commandant of USCG
President Bush today nominated Vice Admiral Thomas H. Collins, 55, to be the 22nd Commandant of the United States Coast Guard. Secretary of Transportation Norman Y.
Austal’s Deliveries From New Yard Ahead of Schedule
Two 150ft. Crew / Supply vessels, Anapaula and Veronica, have been completed and handed over by Austal USA to owners Otto Candies LLC ahead of the contracted delivery…
B&N Delivers MS Finnpine
As in the case of the Finnfighter, which has already been delivered, the Finnpine is one of a series of vessels specially designed for the transportation of forest industry products.
Elliott Bay Design Announces Promotions
Elliott Bay Design Group has announced two promotions within the firm. Brian King has been named vice president of engineering and Douglas Wolff has been promoted to vice president of operations.
Crescent Focuses on Tankers and Ferries
U.K. shipping and transport group Crescent PLC has focused its operations on short sea tanker and freight ferry operations. "Following our strategic plan to move…
Graig Opens Chinese Facility
Graig Shipping Plc has opened a new facility in Shanghai, China, to provide a centre of excellence for ship design, newbuilding supervision, shiprepair and classification.
LISCR Welcomes Russian Boost For Tanker Owners
Sea trades. Cohen says, "Liberia is the flag of choice for the world's tanker fleet, and for Russian shipowners flying foreign flags. Russia's old system, under…
Moody’s Reviews Rating of Midland Enterprises
Moody's Investors Service placed the debt rating of Midland Enterprises debt under review for potential downgrade following the announcement by its parent company…
DNV Joins Forces With IFS Norway
IFS Norway and Det Norske Veritas (DNV) have agreed to combine their maritime know how and technology to develop an IT solution for the international maritime market.
Coast Guard, Other Agencies Sign Environmental, Response Pact
The Coast Guard recently joined other federal, state and local agencies in Alaska, along with Alaska Inter-Tribal Council, and signed an agreement ensuring the protection…
