Farstad Releases First Quarter Results
Farstad Shipping achieved for the first three months of 2001 an operating income of $38.4 million. The result before taxes was $16.8 million Farstad Shipping obtaines…
Iridium and Telstra Sign Deal
Iridium Satellite LLC announced that Australia's Telstra Corporation Limited has signed a service partner agreement to market and sell Iridium services. The multi…
Carnival Repositions Elation and Carnival Pride
Carnival Cruise Lines today announced that the 2,052-passenger Elation will launch the line's first seven-day cruise program from Galveston, Texas, and the 2,124…
Schlumberger Offers New Satellite Teleports
Schlumberger, a global technology services company, announced today it has launched three new fully licensed and operational satellite Teleport facilities. These facilities in Houston…
Coast Guard Awards Salvage Contract to Titan
The U.S. Coast Guard has awarded a $3.5 million contract to Titan Maritime, LLC, of Dania, Florida to conduct an underwater assessment of the sunken shipwreck S.S.
Bidding War Comes to an End
In what has escalated into a heated bidding war for what was left of American Classic Voyages' Delta Queen Steamboats, came to an end yesterday with Delaware North…
Iridium Satellite Signs Deal with Telstra
Global wireless communications operator, Iridium Satellite LLC, has signed a service partner agreement with Australia's Telstra Corporation Ltd. to market and sell Iridium services.
Sea Containers to Increase Its Shareholding in Silja
Sea Containers Ltd., passenger transport operator, marine container lessor and leisure industry investor, announced today that various Finnish and Swedish leading…
Admiral Doran Now Leads Pacific Fleet
Adm. Walter F. Doran became the 30th commander in chief of the world's largest naval command May 4. "We have complete confidence in your ability and we know that…
Austal Wins Contract for Passenger Catamarans
Austal Limited has secured a contract for two 136 ft. passenger/cargo catamarans for ferry operator, Ofotens og Vesteraalens Dampskibsselskad ASA (OVDS) of Norway.
Bergesen Makes Preliminary LNG Agreement
Bergesen has entered into a preliminary agreement with the Algerian oil company Sonatrach for employment of one LNG-carrier for minimum 20 years from delivery. Sonatrach…
ExxonMobil Launches Bunker Quality Guarantee
ExxonMobil Marine Fuels (EMMF) has introduced a product quality guarantee covering all bunkers supplied direct to clients. It will be marked by a new product quality…
Dutch Ship Hits Oil Pipeline and Causes Spill
Dutch-registered dredger, Seaway (12962 gross tons) crashed into an oil pipeline at a berth near Singapore, on Pulau Bukom on May 6. There was no other vessel alongside…