Thursday, June 01, 2000 Maritime News

Litton Awarded $477.7M Contract

Jun 01, 2000

Litton Avondale Industries, a division of Litton Industries, has been awarded a $477.7 million contract by the U.S. Navy for the construction of an additional ship

Litton Reports FY2000 Third Quarter Results

Jun 01, 2000

Litton Industries, Inc. recently reported results for the third fiscal quarter ended April 30, 2000. Diluted earnings per share rose 23% to $1.35 for the third quarter,

Friede Goldman Halter sells vessel repair unit

Jun 01, 2000

Friede Goldman Halter Inc., which provides support for the offshore oil industry, announced it has agreed to sell its vessel repair unit to Bollinger Shipyards Inc.

BP Amoco Shipping and BIMCO Develop a New Tank Charterparty

Jun 01, 2000

Last week it was announced that BP Amoco Shipping and BIMCO had developed a new charterparty, as the BIMCO Documentary Committee gave its approval to a new standard tank time charterparty,

Litton Awarded $41.7M Navy Contract

Jun 01, 2000

The U.S. Navy awarded Litton Ingalls Shipbuilding a $41.7 million cost-plus-award-fee contract, under which Ingalls will continue to provide engineering and planning

Premier's S.S. OceanBreeze Sold To Imperial

Jun 01, 2000

Imperial Majesty Cruise Line purchased the S.S. OceanBreeze from Premier Cruise Lines, said President Arthur M. Pollack. The total value of the deal, including

NY/NJ Close To Resolving Port Budget

Jun 01, 2000

New York and New Jersey are close to reaching an agreement that would break a 17-month deadlock over a port lease that has paralyzed the Port Authority of New York and New Jersey,

Russian Naval Base Uses Nuclear Subs For Electricity

Jun 01, 2000

Frequent power cuts on the remote Kamchatka peninsula have forced Russia's military to fire up reactors on nuclear submarines to provide electricity to bases there, an admiral said.

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