Thursday, April 18, 2002 Maritime News

NSRC: Funding Deficits Will Hamper Naval Efforts

Apr 18, 2002

The National Ship Repair Coalition (NSRC) released a comprehensive policy report entitled, "Readiness at Risk: Crisis in American Military Maintenance" to draw

Diamond Offshore Receives Ocean Baroness

Apr 18, 2002

Diamond Offshore Drilling Inc. reported net income of $22.6 million, or $0.17 per share on a diluted basis, on revenues of $193.7 million for the first quarter of 2002, compared to net income of $36.

Kirby 1Q Results are Up

Apr 18, 2002

Kirby Corporation reported net earnings for the first quarter ended March 31, 2002 of $8,808,000, or $.36 per share, compared with $6,755,000, or $.28 per share, for the 2001 first quarter.

EVAC Receives Order to Outfit Empress

Apr 18, 2002

Envirovac Inc. received an order from Nichols Brothers Boat Builders for the vacuum collection and treatment system for the "Empress of the North." Owner of the

Chiles Offshore Reports 1Q Results

Apr 18, 2002

Chiles Offshore Inc. reported that, for the quarter ended March 31, 2002, the company had net income of $4.1 million or $0.20 per diluted share after an extraordinary loss of $0.

Thrane & Thrane Ships Products Supporting Fleet77

Apr 18, 2002

In relation to the service launch of Fleet77 by Inmarsat on April 10, 2002, Thrane & Thrane is has started shipping Capsat Fleet77 products to its partners and distributors worldwide.

Sonsub ROV, Support Vessel Available

Apr 18, 2002

Sonsub Inc. is currently offering time slots for their ROV spread consisting of the HOS Dominator support vessel and the 2500m Triton XL 11 ROV system. Available

Kivett Elected to Crowley Board

Apr 18, 2002

Earl Kivett was elected to Crowley Maritime Corporation's board of directors at the company's annual meeting held March 27 in Oakland. In addition, each of the

S. Korea Ship Orders Fall 46%

Apr 18, 2002

New ship orders for world market share leading South Korea, dipped 46% in 1Q 2002, according to government sources. New orders amounted to 917,000 cgt for 21 vessels (approximately $1.

HHI Set To Put Big Dent in Offshore Market

Apr 18, 2002

Hyundai Heavy Industries (HHI) is reportedly set to win up to $1.3 billion worth of orders for offshore projects by end-June, according to published reports. The

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