Todd Shipyards Corporation Announces Dividend
Todd Shipyards Corporation announced that at a meeting conducted on December 17, 2003, its Board of Directors declared a dividend of ten cents ($0.10) per share to be paid March 23…
QM2 Delivered
Cunard officially took delivery today of Queen Mary 2 -- the largest (151,400 tons), longest (1,132 feet/345 metres), tallest (236 feet/72 metres), widest (135 feet/41…
Royal Olympic Fights to Stay Alive
Royal Olympic Cruise Lines, Inc. and Olympia Voyager 11:00 AM EST, Monday, December 22. Honolulu, and subject to further discussions with lenders and further action…
FELS Setal Clinches $775M Contract
The consortium of FELS Setal SA, a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) in Brazil, and Technip Engenharia S/A (Technip), an affiliate of Technip S.A.…
Schottel Going Full Speed Ahead
Schottel ended the year 2003 with record sales. With 550 employees worldwide, the company continued the previous year’s trend, achieving sales in the new systems…
LNG Ministerial Summit Scores Positive Remarks
International LNG Alliance (ILNGA) Executive Director, David Sweet congratulated Secretary of Energy Spencer Abraham on successfully bringing together global leaders…
USCG Port State Control Targeting and Boarding Policy
The U.S. Coast Guard released its Navigation and Vessel Inspection Circular (NVIC) relating to port state control targeting and boarding policy for vessel security and safety.
Bradford Marine Expands Line
Bradford Marine, Inc. (Bradford Marine) announced that they have expanded their line of services with the formation of a new subsidiary, Bradford Marine Group, Inc. (Bradford Marine Group).
Coast Guard Rescues Three
A U.S. Coast Guard crew from Memphis, Tenn., rescued three men whose vessel sank on the Mississippi River, near Tunica, Miss., Thursday at about 10:15 a.m. Ron Nigg…
Green Named CEO P&O Nedlloyd Container Line
P&O and Royal Nedlloyd N.V. announced the appointment by P&O Nedlloyd Container Line Limited of Philip Green as Chief Executive Officer from January 1, 2004. Green was…
Hafslund Details Refinancing
Hafslund ASA has issued a new bond with a term to maturity of 10 years (2004/2014). The bond has fixed interest rate at 6.20 %, corresponding to a swap spread of 120 basis points.
Cruise Ship Engineers Indicted
Tom Sansonetti, Assistant Attorney General for the Justice Department’s Environment and Natural Resources Division and Marcos Daniel Jiménez, U.S. Attorney for the Southern District of Florida…
DHS Issues RFI on Smart Containers
The DHS - Border and Transportation Security, United States Customs Service (USCS), Procurement Division of 1300 Pennsylvania Avenue, N.W., Room 1310 NP, Washington…
Marine Electronics Pioneer Dies
The marine electronics world lost a pioneer with the passing of Willy Simonsen on December 4, 2003. Simonsen, who was 90 years old, was the co-founder and driving force behind Simrad…
Marine Electronics Pioneer Dies
The marine electronics world lost a pioneer with the passing of Willy Simonsen on December 4, 2003. Simonsen, who was 90 years old, was the co-founder and driving force behind Simrad…
President Signs Homeland Security Presidential Directives
President Bush signed two Homeland Security Presidential Directives (HSPDs). HSPD-7 addresses critical infrastructure identification, prioritization, and protection.
Coast Guard Enforces Commercial Fishing Vessel Safety
With the tragic deaths of three Massachusetts fishermen last weekend still resonating throughout the community, the Coast Guard continues to enforce boating safety regulations and…
Olympia Explorer Continues Voyage
Responding to a published report that their vessel OLYMPIA EXPLORER was ordered by the court in Honolulu to remain in Hawaiian waters, Royal Olympic Cruise Lines Inc.
Finding Safe Harbor
New Guidelines on places of refuge for ships in need of assistance were adopted at the 23rd IMO Assembly, which met at the Organization's London Headquarters from November 24-December 5, 2003.
People & Company News: Kings of the Crewboat
Family businesses are not only numerous in the offshore vessel owners arena, but among the shipyards that build these boats as well. Gulf Craft, owned by the Tibbs family…