Tuesday, December 12, 2000 Maritime News

General Dynamics Awarded $661M Contract

Dec 12, 2000

U.S. military shipbuilder General Dynamics Corp. said the Navy had awarded it an additional $661 million to complete the construction of the next two ships in the

Navy Awards Litton $338M Contract

Dec 12, 2000

Litton Industries announced that its Ingalls Shipbuilding division has been awarded a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis

Cole Expected To Arrive At Ingalls Wednesday

Dec 12, 2000

The USS Cole, which was severely damaged by a terrorist bomb that killed 17 U.S. sailors and two suicide bombes, will reportedly complete its long journey home on Wednesday.

Rolls-Royce Wins $150M Marine Contracts

Dec 12, 2000

Rolls-Royce has won ship design and equipment supply contracts for offshore service and cable-laying vessels, worth approximately $150 million over the last three months,

WCS Buys More Osprey Shares

Dec 12, 2000

Oil transportation giant World Shipholding Group bought another 523,000 shares in Singapore's Osprey Maritime Ltd, marginally increasing its stake to 53.08 percent.

Sunken Russian Ship Fined $6.3 Million for Pollution

Dec 12, 2000

An Iranian court fined the owner of a sunken Russian ship $6.3 million for polluting the marine environment, Reuters reported. Captain Sakharov, a Russian merchant vessel,

Aker Maritime Trims Kvaerner Purchase Plans

Dec 12, 2000

Norwegian oilfield services firm Aker Maritime will take a 17.8 percent stake in Anglo-Norwegian engineering group Kvaerner this month after consulting the European Commission.

Iraq Oil Lifting Remains on Hold

Dec 12, 2000

Iraqi oil lifting remained on hold as Baghdad continued to insist on a surcharge for crude sales under the UN's oil-for-food program, industry sources said. A tanker

ENSCO 7500 Is A Groundbreaker

Dec 12, 2000

As the offshore market, particularly in the Gulf of Mexico, continues to heat up, news from Dallas heralds a new era of ensuring safety and efficiency. ENSCO International

Tugz Florida Franchise Is Pending

Dec 12, 2000

Following months of intense scrutiny, financial due diligence, background checks and equipment review, Ronald C. Rasmus, president of TUGZ International, LLC, is

Wärtsilä´s Orderbook Strengthens

Dec 12, 2000

Wärtsilä Corp. has reported a healthy increase in orders for Sulzer RTA-series low-speed engines to be manufactured in the group's Trieste factory in Italy. This

Halter Gets Second PCTC Order

Dec 12, 2000

Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine for the construction of a second U.

Bollinger Signs Deal With Incat

Dec 12, 2000

In a move which signals the long-awaited fast craft boom in the United States is about to begin, Bollinger Shipyards, Inc., Lockport, La., and INCAT AUSTRALIA Pty.

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