Teekay Reports 3Q Results
Teekay Shipping Corporation reported net income of $79.8 million, or $1.07 per share, for the quarter ended September 30, 2006, compared to net income of $42.7 million…
Foss Maritime Unveils New Web Site
Foss Maritime Company, a Seattle-based marine services company specializing in worldwide marine transportation and logistics, announced that it is launching an updated web site at www.foss.com.
Head of Navy Strategic Mobility to Headline IMPACT 2006
The U.S. Navy¡¦s highest-ranking civilian and head of the Strategic Mobility and Combat Logistics Division will highlight a day devoted to the latest maritime innovations…
Norway Provides Funding for ITCP
IMO’s technical co-operation activities in Africa have received a major funding boost with the conclusion of an agreement between IMO and NORAD, the Norwegian Agency for Development Cooperation.
Hyundai Heavy Profit Climbs
Bloomberg has reported that Hyundai Heavy Industries said that its third-quarter profit rose 21 percent as it charged more to build oil tankers, cargo ships and liquefied natural gas carriers.
Furuno Awarded $5.5m Coast Guard Contract
Furuno USA, Inc. has been awarded a multi-year U.S. Coast Guard (USCG) contract valued at just over $5.5m. The contract for the Standard Navigation Acquisition Package…
DOE Warns Of Danger In Cleaning Tankers
, The Johor Department of Environment (DOE) warned those involved in the illegal cleaning of tankers in Johor waters that the activity could be suicidal as it was a dangerous operation.
Putin Prioritizes Oil Platforms, Tankers
Russian President Vladimir Putin prioritized the construction of oil platforms and tankers in the shipbuilding sector. Projects are being implemented for the construction…
Gulf LNG May Get Tax Breaks
According to The Mississippi Press, there are several state and local tax incentives that Gulf LNG could seek as it proceeds with plan to construct a $600 million…
Calypso LNG Deepwater Port Application Deemed Complete By Coast Guard
Suez Energy North America's subsidiary, Calypso LNG, LLC has received a letter from the United States Coast Guard deeming complete Calypso's application for a Deepwater Port License.
GulfMark Offshore Reports 3Q Profit Surge
According to the Houston Chronicle, GulfMark Offshore Inc., said stronger daily rates for its services and increased use of its fleet sent third-quarter profit up sharply.
Navy Says Wreck Found Off Japan is Legendary Sub USS Wahoo
USS Wahoo (SS 238) is launched at Mare Island Navy Yard, Calif., just eight months after her keel was laid. Adm. Gary Roughead, commander, U.S. Pacific Fleet, declared…
Victoria Shipyard Wins BC Ferry Retrofit Contract
BC Ferries announced that Victoria Shipyards has been awarded the $9m contract to perform major modification work on the replacement vessel for the Queen of the North.
