Thursday, May 02, 2002 Maritime News

House OKs Spending

May 02, 2002

On May 1, 2002, the House Armed Services Committee reported H.R. 4546 out of committee on a bipartisan 57 to 1 vote. The bill authorizes $383.4 billion for the

ExxonMobil Begins Construction of Project Offshore

May 02, 2002

Exxon Mobil Corporation has announced that its subsidiary, Mobil Equatorial Guinea, Inc. (MEGI), has awarded contracts and started construction to expand current production of the Zafiro field,

Carnival’s Glory Will Be Newest and Largest in Port

May 02, 2002

Carnival Cruise Lines' new 110,000-ton Carnival Glory will become the newest and largest cruise ship based at Port Canaveral, Fla., when it begins year-round seven-day

GD to Purchase Advanced Technical Products

May 02, 2002

General Dynamics and Advanced Technical Products, Inc. today entered into a definitive agreement for General Dynamics to acquire all 5.89 million outstanding shares

Conoco Leading the Way for Gulf of Mexico Shuttle Tankers

May 02, 2002

Seahorse Shuttling and Technology LLC, a wholly owned entity of Conoco, has completed the functional design of a new tanker for shuttling crude oil from the deepwater Gulf of Mexico to shore.

Celebrity’s Constellation Returns to Shipyard

May 02, 2002

Celebrity Cruises' next ship delivery, Constellation, is returning to the builders' French shipyard, following sea trials, to correct a leak in its starboard propulsion pod.

Husky Energy Increases Production

May 02, 2002

Husky Energy Inc. reported net earnings of $126 million ($0.29 per share) in the first quarter of 2002, compared with $192 million ($0.42 per share) in the same quarter of 2001.

Farstad Gets Contract for Platform Supply Vessel

May 02, 2002

P/R International Offshore Services ANS (IOS), a company owned 50 percent by Farstad Shipping ASA and 50 percent by P&O, Australia, has signed a contract with

NMEA Introduces New Installation Standards

May 02, 2002

The National Marine Electronics Association (NMEA) introduced a stanrdized methodology clarifying and outlining the appropriate standards for installing marine electronics equipment,

SHI Secures Order For FPSO

May 02, 2002

SHI received an order for a floating production storage and offloading (FPSO) facility worth US$140 million from Husky Oil Operations Ltd. of Canada on the 31st.

Bristol Harbor Will Modify Tug

May 02, 2002

Bristol Harbor Marine Design (BHMD) was recently awarded the contract from Blount/Barker Shipbuilding, of Warren R.I., to modify the design of an 85 ft. tug. The new tug is based on an 85 ft.

TRW Selected to Perform Port Vulnerability Assessments

May 02, 2002

The U.S. Department of Transportation has selected TRW Inc. to assess the vulnerability of the nation's most critical commercial and military seaports, under a 5-year contract worth up to $31 million.

RSPA Proposes Security Requirements HAZMAT Shipments

May 02, 2002

The Research and Special Programs Administration (RSPA) of the U.S. Department of Transportation has published a Notice of Proposed Rulemaking (NPRM) proposing

Trailer Bridge Reports First Quarter Results

May 02, 2002

Trailer Bridge, Inc. reported financial results for the first quarter ended March 31, 2002 highlighted by a significantly narrowed net loss, operating profits in

Coast Guard and INS: Moving Ahead on Port Security

May 02, 2002

Port security concerns are already resulting in crewmembers and caro being denied entry to U.S. ports. Even before Congress enacts a port security bill, Coast

ITT Awarded $9.5M Deal

May 02, 2002

ITT Industries, Alexandria, Va., is being awarded $9,562,205 for Task Order 5 for engineering and technical support for the analysis, design, development and

Put it in writing, warns ITIC

May 02, 2002

Failure to confirm details in writing could have serious financial consequences for intermediaries, warns the International Transport Intermediaries Club (ITIC) in its latest Claims Review.

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