Wednesday, May 02, 2001 Maritime News

Kvaerner Masa-Yards Elects New Executives

May 02, 2001

Kvaerner Masa-Yards has announced the following management changes: Jouko Virta, CFO; Martin Landtman, senior vice president, Marketing and Sales; Thomas Foss, chief legal counsel; and Arto Hein,

Hyundai Heavy Industries Awards Contract To Wynn

May 02, 2001

Wynn Marine, manufacturer of heavy duty marine window wiper systems for ocean going vessels, has been granted a contract worth more than $100,000 from Hyundai Heavy Industries in Korea.

French Port Authorities Ponder Mysterious Vessel

May 02, 2001

Authorities at the French port of Rouen said on Wednesday they have detained a mysterious vessel for almost a month because of doubts over its name and nationality.

Safety Investigatiors Cite Cause of 1998 Carnival Ecstasy Fire

May 02, 2001

Unauthorized welding on laundry room equipment triggered a fire aboard the cruise ship Ecstasy off Miami in 1998, injuring 22 people and causing more than $17 million in damages, U.

Petrobras CEO Defends Company's Honor

May 02, 2001

The top executive of Brazilian state oil giant Petrobras on Tuesday defended his company's acceptance of an industry achievement award despite suffering the loss

Litton Ingalls Lands $196.5 Million Naval Contract

May 02, 2001

Defense contractor Northrop Grumman Corp. on Tuesday said the U.S. Navy awarded an additional contract worth $196.5 million to its shipbuilding unit for work on an amphibious assault ship.

Supertanker Freight Rates Back on Track

May 02, 2001

Freight rates for supertankers to Asia, which last week suffered their most serious decline in over two years, have now stabilised and look set to recover, tanker brokers said on Wednesday.

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