TBS Buys $16.1m Ship Carrier
According to reports, TBS International Ltd., an ocean transportation services company, has acquired a bulk ship carrier for $16.1m. The handymax bulk carrier will…
Bollinger Promotes Roussel to VP
Bollinger Shipyards, Inc., Lockport, La., has promoted Cindie Roussel to Vice President of Procurement, Logistics, and Life Cycle Support for the South Louisiana-based shipbuilding and repair company.
Coast Guard Amends Anchorage Regulations for Lower Miss. River
The Coast Guard is amending anchorage regulations for the Lower Mississippi River, prohibiting vessels anchored in the Lower Kenner Bend Anchorage from using or…
Vietnam's Ship Export Value to Climb to $1.7b
According to VNA, Vietnam's Ministry of Trade estimates that the shipbuilding industry can earn $1.7b annually from ship exports by 2010. The Vietnam Ship Building…
Rising Profit Tide for Horizon
AP reported that Horizon Lines Inc. said its third-quarter profit rose, aided by a large tax benefit. For the quarter ended Sept. 24, the company reported net income of $52.9 million…
CNOOC Signs LNG Delivery Agreement
China National Offshore Oil Corp (CNOOC) has signed an LNG delivery agreement with Shell, Total and French energy company Suez. The company has signed the LNG spot…
Oil and Gas Explorer Prepares for $23m Float
Gas and petroleum exploration company L&M Mining expects to launch its initial public offering to raise $23.2m this month. The plan is that the new company, floated on 20c shares…
Naval Submarine School Attack Center Trainer Comes Online
With a snip of the scissors Oct. 25, Naval Submarine School (SubScol) welcomed the latest addition to its attack center trainer inventory, the Submarine Multi-Mission Team Trainer Phase (SMMTT) 3.
Egyptian Dive Vessel Launched
The Red Sea is noted as one of the finest dive destinations in the world. Many visit Egypt’s coastal resorts and hire boats to take them to nearby reefs. With the…
Hawaii to Host 10th Western Pacific Naval Symposium
The U.S. Navy and Commander, U.S. Pacific Fleet have invited naval leaders from 22 countries to Honolulu for the 10th Western Pacific Naval Symposium (WPNS) to discuss…
K-Sea Announces Results for First Quarter of Fiscal 2007
K-Sea Transportation Partners L.P. announced operating results for the first fiscal quarter ended September 30, 2006. The Company also announced that its distribution…
Horizon Lines Names Raymond As Chairman
Horizon Lines Inc., a container shipping and integrated logistic company, on Friday said its board of directors voted to appoint current President and Chief Executive Charles "Chuck" G.
VT Halter Marine to Build Swath Vessel for NOAA
Photo Credit: NOAANOAA announced that VT Halter Marine Inc. of Pascagoula, Miss., will complete the final design and build of a new Small Waterplane Area Twin Hull Coastal Mapping Vessel…
ACL Closes the Sale of its Venezuelan Operations
American Commercial Lines Inc. (ACL) announced that it has closed the previously announced sale of its interest in ACBL Venezuela, LTD and GMS Venezuela, C.A. .…
GL Appoints New VP
The new Vice President Division East Asia of Germanischer Lloyd is Dr Volkmar Wasmansdorff. As a process engineer with considerable professional experience in Asia…
SAC: Canada Shipbuilders Seek New Strategy
Canada needs a new shipbuilding strategy that will help domestic firms become more globally competitive, says the president of the Shipbuilding Association of Canada (SAC).
USACE May Recover Reasonable Overhead
The US Court of Appeals for the Eighth Circuit ruled that, where the US Army Corps of Engineers undertakes to repair a lock and miter gate damaged by a tug and barge…
Lower Willamette River Dredged Material Management Plan
The US Army Corps of Engineers issued a notice stating that it intends to prepare an environmental impact statement for the Lower Willamette River dredged material management plan.
Baker Hughes Announces 3Q Results
Baker Hughes Incorporated announced that income from continuing operations for the third quarter 2006 was $358.6 million or $1.09 per diluted share compared to $220.6…
Rolls-Royce Wins $112.5m Offshore Deal
Rolls-Royce has won its largest ever marine order in the Offshore industry in a deal worth around $112.5m. Farstad Shipping has ordered four new anchor handling…