Thursday, February 20, 2003 Maritime News

Tanker Companies Investigated for Possible Cartel Activities

Feb 20, 2003

The European Commission (EC) has stated that unannounced inspections were carried out at the premises of a number of operators of deep sea maritime tanker services

U.S. Investigates Stolt-Nielsen

Feb 20, 2003

The Stolt-Nielsen Transportation Group announced that it is subject to a related investigation by the U.S. Department of Justice and it will also cooperate fully

MOL Observes Manifest Rule

Feb 20, 2003

MOL reported that nearly 100 percent of its customers shipping cargo onboard U.S. bound vessels are in full compliance with U.S. Customs’ new Advance Manifest Rule.

CP Ships Announces Management Appointments

Feb 20, 2003

Jeremy Masters has been appointed as the vice president for the CP Ships Limited business unit. He will report to Chief Operating Officer Frank Halliwell, and will be based in the United Kingdom.

ENSCO Sells Marine Vessel Fleet to Tidewater

Feb 20, 2003

ENSCO International Incorporated announced the signing of a definitive agreement to sell all of the oilfield support vessels owned by the Company's subsidiary, ENSCO Marine Company, to Tidewater Inc.

TSA Announces More Port Security Grants

Feb 20, 2003

The U.S. Transportation Security Administration (TSA) issued two press releases announcing award of port security grants. Louisiana

London P&I Club Warns About Increase at Vietnamese Ports

Feb 20, 2003

The London P&I Club has warned its members about an increase in the number of claims for cargo damage and shortage arising during the discharge of agricultural products at ports in Vietnam.

Navy Awards Electric Boat $16.3M Contract

Feb 20, 2003

The U.S. Navy has awarded General Dynamics Electric Boat a $16.3 million contract for planning and material procurement in support of the USS Springfield (SSN-761) depot modernization period (DMP).

Conrad Reports 4Q Results

Feb 20, 2003

Conrad Industries, Inc. reported a net loss of $499,000 and loss per diluted share of $0.07 for the three months ended December 31, 2002 compared to a net loss of $151,

Round Table Welcomes Release of Prestige Captain

Feb 20, 2003

The Round Table of Maritime Associations has welcomed the release last weekend of Captain Mangouras, Master of the 'Prestige', after 85== days in custody in a high security Spanish prison.

Graig Group Secures Orders For Bulk Carriers

Feb 20, 2003

Cardiff-based Graig Group has secured seven firm orders for its modern double-hull ultra handymax Diamond 53 bulk carrier. Graig has ordered two Diamond 53's from Shanghai's New Century yard,

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