April, 2001 Maritime News

Caterpillar Introduces Compact Marine Propulsion Engines

Apr 30, 2001

Caterpillar Inc. has premiered a variety of new engines - the new 3034 DIT; 3034 DINA; 3054 DIT; and 3054B DINA marine propulsion engines. The 3034, 3054 and 3054B

Panamax Rates Lose Muscle in Atlantic

Apr 30, 2001

The strength of panamax freight rates in the Atlantic has begun to wane, brokers said on Monday, citing a seven-point drop to 1,498 in the Baltic Panamax Index

Celebrity Cruises Welcomes New Infinity

Apr 30, 2001

Celebrity Cruises' new Infinity, the newest addition to the cruise line's fleet, today sails into San Diego, prior to tomorrow's call on Los Angeles, where the 1,

China Wages Territorial Battle With Australia

Apr 30, 2001

China lodged a complaint with Australia after three Australian naval vessels moving through the Taiwan Straits were challenged by the Chinese navy, a spokesman

ABS Elects Kurz And Kwok To Board Of Directors

Apr 30, 2001

Gerhard E. Kurz, president and CEO, Seabulk International, Inc. and Joseph Kwok, COO, Neptune Orient Lines Ltd. were elected to the ABS Board of Directors, by the ABS Council,

USCG Regulations Lag Behind Offshore Activity

Apr 30, 2001

By Charley Havnen The loss of the world’s largest floating deepwater production platform, Petrobras’ P-36, last month off the coast of Brazil with the loss

Cummins Mid-South, Algae-X Sign Agreement

Apr 30, 2001

Algae-X International is pleased to announce its distribution agreement with Cummins Mid-South LLC. Cummins Mid-South is the Cummins Engine Distributor operating

Intermarine Forms Delta T Alliance

Apr 30, 2001

Intermarine of Savannah, Ga., has joined the number of yacht builders who are taking advantage of the new corporate alliance program offered by Delta "T" Systems of Jupiter, Fla.

WFS Acquires Marine Energy

Apr 30, 2001

World Fuel Servies Corporation announced the acquisition of Marine Energy, a marine fuel services company based in Dubai, United Arab Emirates. The acquisition

Valvoline, Cummins Announce Alliance

Apr 30, 2001

The Valvoline Company of Lexington, Ky., and Cummins Inc. of Colombus, Ind., recently signed another five-year sales and marketing alliance, which contributed to

Corps, GCR Win Award

Apr 30, 2001

The U.S. Army Corps of Engineers and its contractor, GCR & Associates, Inc., won a national planning award involving the $585 million industrial canal lock replacement.

McAllister Adds Associate To Ocean Towing Division

Apr 30, 2001

Rachel Smith has joined McAllister Towing as a sales associate in the company's ocean towing division. Smith, who previously was with Smith Maritime, will draw

Conrad Completes New Drydock, Outlook Good In 2001

Apr 30, 2001

Conrad Industries, founded in 1948, specializes in the construction, conversion and repair of marine vessels for commercial and government customers and the fabrication

Diamond Offshore’s Utilization and Dayrates Increase

Apr 30, 2001

Diamond Offshore Drilling, Inc. operates contract drilling of offshore oil and gas wells. The company conducts deepwater drilling with a fleet of 45 offshore rigs.

Chiles Sees Royalty Relief Program as Support for Future

Apr 30, 2001

Chiles Offshore LLC is the operator of three of seven existing ultra-premium jackup drilling rigs, all of which currently operate in the U.S. Gulf of Mexico. The company owns two of these rigs,

Seabulk International: The Metamorphosis Continues

Apr 30, 2001

Over four decades ago, Hans J. Hvide and three partners formed Port Everglades Towing Company, the predecessor company of Hvide Marine, started with two harbor tugs.

Transocean Expects Steady Improvement Through 2001

Apr 30, 2001

Transocean Sedco Forex is a leading international provider of deepwater and harsh environment contract drilling services for oil and gas wells. The company’s active

Favorable Business Outlook for Rowan

Apr 30, 2001

Rowan Companies, Inc. drills oil and gas wells in offshore and onshore domestic and foreign areas. The offshore operations of the company consists of contract drilling

Marine Drilling Companies Reports a Prosperous 2000

Apr 30, 2001

Three years ago Marine Drilling Companies weathered a challenging year, posting its first operating lost in four years. Today the company has conquered those challenges,

Moratorium Off Florida Coast

Apr 30, 2001

In addition to the annual Central Gulf lease sales, the Minerals Management Service, part of the U.S. Interior Department, also holds an annual lease sale in the Western Gulf.

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