Thursday, November 09, 2000 Maritime News

Bid To Re-float MISC Ship Fails

Nov 09, 2000

A second bid failed on Thursday to refloat a Malaysian ship carrying dangerous chemicals stranded on Australia's Great Barrier Reef but authorities said they would

Demerged Cruise Lines Post Good Profits

Nov 09, 2000

P&O Princess Cruises, the cruise unit that demerged from British shipping giant P&O, posted an eight percent rise in third quarter operating profit to $268 million.

Carib Tanker Rates Double Overnight

Nov 09, 2000

Tanker freight rates from the Caribs to the U.S. Gulf, which plummeted by $0.64 per barrel over the last week, have almost doubled overnight to levels only seen once before this year.

Bergesen Profits Surge 89%

Nov 09, 2000

Norwegian shipping firm Bergesen reported that a solid tanker market has led to an 89 percent surge in nine-month operating profits, a trend that will help to boost earnings for the rest of 2000.

Sait-Stento Goes Inland With Satcom

Nov 09, 2000

Sait-Stento has expanded its satellite communication services to address the communication needs of onshore users in addition to its maritime user base. The company's

SAAB/ICAN Wins Major AIS Contracts

Nov 09, 2000

Saab Transponder Tech and International Communications and Navigation Limited (ICAN) have been awarded contracts by Lockheed Martin Overseas Corp. to provide Automatic

Crowley Promotes Sweeney; Gleason Joins As Director

Nov 09, 2000

Crowley Marine Services has promoted Alex Sweeney to vice president, Valdez Business Unit. Sweeney is responsible for all marine activities in support of the Alyeska

Rolls-Royce Wins $3.1 Million Contract

Nov 09, 2000

Rolls-Royce has landed a $3.1 million order from Ferguson Shipbuilders in Port Glasgow for an equipment package comprised of Rauma Brattvaag deck machinery, bulk

NASSCO Lands $68 Million Continuous Maintenance

Nov 09, 2000

NASSCO has received a contract from the U.S. Navy for continuous maintenance of the DD-963 and CG-47 ships homeported in San Diego. The contract, which includes

Damen Receives Jumbo Order

Nov 09, 2000

The CargoVessels Division of Damen Shipyards signed a $62.3 million contract with Dutch shipping company, Jumbo, for the building of two heavy lift ships, each measuring 469 ft.

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