STX Shipbuilding Reports Q2 Results
South Korea's STX Shipbuilding Co. said that its second-quarter earnings increased sharply on rising orders to build ships such as oil tankers and container ships…
USS Howard Earns Arleigh Burke Award
By Lt. j.g. Adm. Robert F. Willard, Commander, U.S. Pacific Fleet, presented the crew of USS Howard (DDG 83) the Arleigh Burke Fleet Trophy Award for the U.S. Pacific for 2006 on Aug.
Oil Search and Halliburton Renew Contract
Oil Search Limited and Halliburton have signed an agreement to renew an alliance that was originally formed in 2004. The multimillion-dollar contract covers three years…
ACL Announces $150m Stock Repurchase Program
American Commercial Lines Inc. (ACL) said that its Board of Directors has approved a stock repurchase program of up to $150m. The company completed its previous…
Technip Awarded Contract from Bluewater Industries
Technip has been awarded a contract by Bluewater Industries, Inc. for the flowlines, risers, jumpers and subsea structures for the Mirage field development, in the Gulf of Mexico.
Genco Shipping to Acquire Six Drybulk Vessels
Genco Shipping & Trading Limited announced that it has agreed to acquire six drybulk vessels with an average age of approximately 2 years from affiliates of Evalend Shipping Co. S.A.
Daewoo Wins Contract for Container Vessels
Daewoo Shipbuilding & Marine Engineering Co. has signed a contract to build four container vessels from Germany. The ships, which can each carry 8,400 standard 20-ft.
DeepOcean Awarded Contract by TSMarine
DeepOcean has received a contract from TSMarine Ltd. of Aberdeen for the provision of Normand Flower, two work ROV systems and personnel. Contract duration is for…
Cargotec Receives $75.2m in Orders
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received significant offshore equipment orders. The equipment will be delivered…
Stealthgas Reports 2Q Results
Stealthgas Inc., a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial…
Norwegians to Build IMT Field Support Vessels in Russia
Norway's KS North Sea Rescue AS has chosen an IMT 955-N design for a series of six Field Support Vessels to be built at the Yaroslavsky Shipbuilding Plant, Russia.
Euroseas Takes Delivery of Container Ships
Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, has…
Multi-Agency Cooperation Fuels Bridge Recovery
As crews move forward in recovery efforts of the I-35 bridge collapse, multiple agencies are working together to make the job move smoothly. “The overall coordination…
ACL Opens Houston Headquarters
American Commercial Lines Inc. (ACL) opened its new Liquid Transportation Division Headquarters in Houston, Texas. The opening of the new regional headquarters…
Divers Inspect Cruise Ship after Suspicious Activity
According to reports, Coast Guard divers inspected the hull of a cruise ship docked in Long Beach Harbor after several people reported having seen a small, suspicious boat floating nearby…
TOP Tankers to Acquire Drybulk Panamax Vessels
TOP Tankers Inc has entered into agreements to acquire three drybulk panamax vessels. The vessels are scheduled to be delivered between September 2007 and March…
MAN Diesel Celebrates Order Completion
small celebration at its works in Augsburg, Germany. engine of eight ordered by shipowner Harren & Partner of Bremen, Germany, for a series of eight 16,500 DWT oil…
Navy Contracts Awarded
Lockheed Martin, Maritime Systems & Sensors, Moorestown, N.J., is being awarded a $23,119,281 cost-plus-fixed-fee contract for the operation and maintenance of a…
This Day in Naval History - Aug. 14
1813 - HMS Pelican captures USS Argus. 1886 - Secretary of the Navy establishes Naval Gun Factory at Washington Navy Yard. 1945 - Japan agrees to surrender; last…
Field Support Vessels to be Built in Russia
Norway's KS North Sea Rescue AS has chosen an IMT 955-N design for a series of six Field Support Vessels to be built at the Yaroslavsky Shipbuilding Plant, Russia.
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