Friday, September 20, 2002 Maritime News

Seabulk Completes Stock Issuance and Refinancing

Sep 20, 2002

Seabulk International, Inc. announced the completion of the issuance of 12.5 million shares of common stock at $8.00 per share to a group of investors led by entities

Military Sealift Command Employees

Sep 20, 2002

Civilian and military employees of the U.S. Navy's Military Sealift Command, headquartered in Washington, D.C., took part in the second annual "Run for America" from September 8-11, 2002.

Dr. Payer: Flags and Class Must Should Work Closer

Sep 20, 2002

Closer cooperation between flag states and class societies will help to minimize casualty damage to people, property and the marine environment and result in better casualty reports,

Coast Guard Requires TLPM Devices

Sep 20, 2002

The Coast Guard has published a final rule that would require tank level or pressure monitoring (TLPM) devices to be installed on single-hull tank barges and tank ships five years,

SMIT Salvage team evacuated from Jolly Rubino

Sep 20, 2002

This morning a team of 16 salvage personnel boarded the 'Jolly Rubino' and pumping operations in the engine room continued. The water, rather than being pumped overboard,

Celebrity Cruises To Add Second Ship Year-Round In Caribbean 2003

Sep 20, 2002

Celebrity Cruises will devote a second ship to the Caribbean for the 2003 summer season to accommodate a continued demand for its Caribbean product. Century,

Carnival Corporation Reports 3Q Earnings

Sep 20, 2002

Carnival Corporation reported net income of $500.8 million ($0.85 Diluted EPS) on revenues of $1.44 billion for its third quarter ended August 31, 2002, compared to net income of $495 million ($0.

Fincantieri Proceeds on Costa Fortuna

Sep 20, 2002

Last month MR hopped aboard Costa Fortuna, currently under construction at Fincantieri's Sestri Ponente yard in Genoa. The 105,000-ft ship will be the largest cruise ship to ever fly the Italian flag,

RCCL Receives Extension On Options for Two Radiance-Class Ships

Sep 20, 2002

Royal Caribbean Cruises Ltd. has deferred its options to purchase a fifth and sixth ship within its new Radiance class with deliveries in 2005 and 2006. Royal

GE Marine Engines’ LM Gas Turbines Exceed 600,000 Hours

Sep 20, 2002

GE Marine Engines announced that 36 GE LM aeroderivative gas turbines have accumulated more than 600,000 hours operating aboard 16 fast ferries. Fast ferry

Invasive Species Research and Development Bill Introduced

Sep 20, 2002

Representative Ehlers (R-MI) introduced a bill (H.R. 5395) to establish marine and freshwater research, development, and demonstration programs to support efforts to prevent,

Marine Board Conference Held in Toronto

Sep 20, 2002

The Marine Board of the National Academy of Science conducted its National Marine Conference in Toronto in May 2002. The Proceedings of that conference have now been made available on the Internet.

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