Tuesday, November 02, 1999 Maritime News

Chevron Increases Dividend For 12th Consecutive Year

Nov 02, 1999

Chevron Corp. today declared a quarterly dividend of $.65 per share, payable December 10 to stockholders of record Nov. 19. The dividend rate increased $.14 per share - or 6.

MaK Signs Letter Of Intent For Its Subsidiary

Nov 02, 1999

MaK Motoren GmbH & Co., a Caterpillar company, has signed a letter of intent for the sale of its marine sales and service subsidiary MaK Scandinavia to Geveke -

Ferry Fire Kills 10 Stowaways

Nov 02, 1999

At least 10 illegal immigrants died in a fire Nov. 2 on the vehicle deck of an Italy-bound Greek ferry with more than 400 people aboard and a search was under way for more bodies,

U.S. Marine Insurers To Review State Of Market

Nov 02, 1999

Trends and developments affecting the U.S. ocean marine insurance market will be discussed at the annual meeting of the American Institute of Marine Underwriters (AIMU) on Friday, Nov.

Kuykendall Introduces Legislation To Increase Employment Of American Merchant Mariners

Nov 02, 1999

Congressman Steven T. Kuykendall, vice chairman of the Merchant Marine Panel for the House Armed Services Committee, has introduced legislation that would provide

U.S. Military Modules Will Be Cummins Powered

Nov 02, 1999

A large ship arrives off a port devastated by natural or military forces. The ship contains badly needed supplies but the port infrastructure has been destroyed.

Oil Consumption of Medium Speed Diesel Engines

Nov 02, 1999

Reliability and availability are of paramount importance to all users of internal combustion engines. Inherent engine design reliability must be complemented by

Autoload To Interface With Simrad

Nov 02, 1999

Autoship Systems Corp. of Vancouver, Canada, along with its partner Coastdesign, Norway have recently signed a contract with Kongsberg Simrad AS for the development

STN Atlas Trains WIth Modular Simulators

Nov 02, 1999

In response to a change in emphasis from certification to verification of competency as per the upgraded Standards of Training Certification and Watchkeeping (STCW 95) convention,

Kockums Kicks Off Upgraded Tribon M1

Nov 02, 1999

The new generation of Tribon Shipbuilding system for ship design and building, Tribon M1 utilizes Microsoft NT-based technology to set the stage for easy installation,

Spar Pens Dealer Agreement

Nov 02, 1999

Spar Associates of Annapolis, Md. signed a Dealer Agreement with AP&GF Marine Software to serve as representative and distributor of Spar's shipyard planning and

Creative Systems Upgrades GHS Software

Nov 02, 1999

General HydroStatics (GHS) software produced by Creative Systems is now available with an added feature - the ability to handle multiple floating bodies with points of contact between them.

BP Marine Launches Port To Port

Nov 02, 1999

BP Marine is aiming to ease the task of marine route planning with its latest version of Port to Port, which is based on the company's own marine distance tables.

All "Eyes" On The Engines

Nov 02, 1999

According to a leading classification society, the "torque limiting device" requirement for a single diesel engine installation can be waived when a coupling monitoring device is installed.

The Great Debate

Nov 02, 1999

Despite tremendous strides being made on the marine electronics and technology fronts, ships continue to collide at what many deem an unacceptable rate. The recent rash of high-profile casualties,

A Cut Above The Rest

Nov 02, 1999

Advances in steel processing have enabled shipyards around the globe to streamline operations while vastly improving efficiency and quality. This fact is not lost

COSCO Makes 500-Ship Fleet A Role Model

Nov 02, 1999

Although it has a tradition of "keeping a low profile", China Ocean Shipping (Group) Company (COSCO) has provided something of a beacon for the industry in nurturing a seminal,

Is It Back?

Nov 02, 1999

To say the Gulf of Mexico maritime business had a down year would be a major understatement. But rags-to-riches-to-rags experience of the past has resulted in a consolidated,

Year's End Appears To Be Timely For Buying Cruise Shares

Nov 02, 1999

Now is the time to buy cruise shares, says a cruise industry review released by Lazard Frères & Co., which notes that although shares have been up and down in the

New Ships, Management Contract Put Silversea In Good Position

Nov 02, 1999

With the construction of new sister ships progressing as scheduled and the recently signed contract to manage the world's first ocean-going luxury residence, Silversea

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