Monday, December 16, 2002 Maritime News

Sperry to Supply Electronics for NATO Vessel

Dec 16, 2002

Northrop Grumman Corporation’s Sperry Marine is supplying a suite of bridge electronics for a new coastal research vessel built by McTay Marine Ltd for the NATO

Ross Labs Delivers Mini-Sweep System

Dec 16, 2002

Ross Laboratories, Inc. delivered the second “Ross Mini-Sweep System” to the U.S. Army Corps of Engineers, Rock Island District. The on-time delivery is the second

CAE Valmarine Wins New Contracts

Dec 16, 2002

CAE Valmarine, part of CAE's Marine Controls division and a leader in automation systems for commercial ships, has signed new contracts worth approximately C$5 million.

NY/NJ Port Authority Launches New Cargo Distribution Plan

Dec 16, 2002

Use of Barges, Trains to Move Cargo Will Reduce Truck Traffic, Improve the Environment The Port Authority launched a unique barge and rail cargo distribution

Luxury Car Carrier Sinking in Channel

Dec 16, 2002

Rescuers on Sunday were thwarted by fog, as efforts continued to salvage the Norwegian-registered Tricolor, a ship carrying 2,900 luxury cars - reportedly BMW's,

Another Cruise, Another Batch of Sick Passengers

Dec 16, 2002

A mysterious outbreak of stomach ailments has again struck the cruise industry, the latest in a round of low level yet high profiles sickness attacks to hit the beleaguered cruise industry.

Venezuela Crisis Deepens, Oil Prices Soar

Dec 16, 2002

As the politically induced strikes continue to sweep Venezuela, oil prices jumped to a two month high, reflecting the lack of output from the world's fifth largest oil exporter.

Stelmar Shipping Announces Time Charters

Dec 16, 2002

Stelmar Shipping Ltd. has renewed an existing time charter for the Primar and an existing time charter for the Petromar. The company also announced that it has

Teekay Buys Navion for $800M

Dec 16, 2002

Teekay Shipping Corporation announced that it will buy Statoil's wholly-owned shipping company, Navion ASA, on a debt free basis, for approximately $ 800 million in cash.

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