Tuesday, October 30, 2001 Maritime News

nView Announces Development

Oct 30, 2001

nVIEW Corporation announced today that it has signed a joint development agreement with Headhunter, Inc., to develop a customized tank monitoring system for the marine industry.

Royal Caribbean Announce Third Quarter Results

Oct 30, 2001

Royal Caribbean Cruises Ltd. announced net income for the third quarter of $159.2 million, or $0.82 per share. Third quarter earnings were negatively impacted by $21.

Transocean Sedco Forex Reports Third Quarter 2001 Earnings

Oct 30, 2001

Transocean Sedco Forex Inc. announced that net income for the three months ended September 30, 2001 was $97.6 millionon revenues of $770.2 million. Net income for

MTN Signs Agreement With NCL

Oct 30, 2001

Maritime Telecommunications Network (MTN), a Verestar company, announced that they have signed a 3-year agreement with Norwegian Cruise Line Limited(NCL) to be

Bouygues Offshore Announces Management Changes

Oct 30, 2001

Herve Le Bouc will now serve as Chairman of Bouygues Offshore and ETDE (Bouygues Construction's electrical contracting and networks subsidiary) while Jacques Leost

Skeena Queen Back in Service

Oct 30, 2001

The engine manufacturer, Mitsubishi, has made repairs to the BC Ferries' Skeena Queen's engines under warranty. One engine has been rebuilt to replace the main

GE To Supply Gas Turbines for Royal Norwegian Navy

Oct 30, 2001

GE Marine Engines reported that its LM2500 aeroderivative gas turbine will power five new Royal Norwegian Navy F310-class frigates. IZAR Construcciones Navales, S.

Hornbeck-Leevac Announces Completion of Equity Offering

Oct 30, 2001

Hornbeck-Leevac Marine Services, Inc. announced that it has completed the purchase of all of its outstanding warrants for an aggregate purchase price of $14.5 million.

First Wärtsilä Deliveries of LNG-Fueled Engines For Offshore Vessels

Oct 30, 2001

Wärtsilä Corporation has received a contract to deliver eight dual-fuel engines to two offshore supply vessels. These will be the first offshore vessels using gas as a fuel.

Horizon Offshore Reports Third Quarter Earnings

Oct 30, 2001

Horizon Offshore, Inc. reported net income for the quarter ended September 30, 2001, of $2.8 million. This compares with net income of $3.7 million, for the third quarter of 2000.

Rolls-Royce Marine Business Fast Growth in China

Oct 30, 2001

According to Rolls-Royce chief executive John Rose, Rolls-Royce has been increasing its marine business in China by more than 20 percent. Annually over recent years.

Manitowoc's Marine Group Launches Coast Guard Cutter

Oct 30, 2001

The Manitowoc Company, Inc. announced the launch of the U.S. Coast Guard Cutter Cypress, the tenth ship in a series of 14 seagoing buoy tenders being built at Manitowoc's Marinette Marine subsidiary.

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