Monday, December 08, 2003 Maritime News

Northrop Grumman Appoints Johnston as VP of Contracts and Pricing

Dec 08, 2003

Northrop Grumman Corporation announced that Thomas H. Johnston has joined the Newport News sector as vice president, Contracts and Pricing. He will initially serve as deputy to Ron Ward,

Stelmar Shipping Ltd. Announces Sale-Lease Back of Two Aframax Vessels

Dec 08, 2003

Stelmar Shipping Ltd. announced that it has completed, with the assistance of the Fortis Bank, a seven year sale-lease back transaction for two of its coated Aframax tankers,

Statoil Selling Out of VNG

Dec 08, 2003

Statoil is disposing of its 5.26 per cent holding in German company Verbundnetz Gas (VNG) to EWE AG, Germany, subject to the final approval of the transaction.

Fishing Vessel Disabled on High Seas

Dec 08, 2003

The Coast Guard is tracking and assisting a disabled and adrift fishing vessel 80 miles south of Martha’s Vineyard in the worst winter storm to hit New England so far this year.

Cargo Ship Loses Containers in Heavy Seas

Dec 08, 2003

The container ship Seaboard Voyager lost four of its containers approximately 18 miles north of Puerto de Tanamo, Cuba, Wednesday 2:18 p.m. Coast Guard Marine

MIL Completes Purchase of TransAmerica Transportation Services

Dec 08, 2003

Matson Integrated Logistics (MIL) announced that it has completed the asset purchase of TransAmerica Transportation Services, Inc. (TTS), a third party logistics company based in Akron, Ohio.

Navy Awards $816.6M New York (LPD 21) Contract to Northrop

Dec 08, 2003

Northrop Grumman Corporation announced that the U.S. Navy has awarded the company an $816.6 million contract for construction of New York (LPD 21), the fifth

Washington State Yacht Builders Announce Partnership

Dec 08, 2003

An innovative public-private partnership in Northwest Washington is training workers in the latest methods of building yachts. The program helps assure

Kvichak Marine Delivers RB-M Prototype

Dec 08, 2003

Kvichak Marine Industries, of Seattle, WA, recently delivered a 45’ Response Boat – Medium (RB-M) prototype to the United States Coast Guard (USCG). Kvichak

IMO Adopts Accelerated Single-Hull Tanker Phase-Out

Dec 08, 2003

The IMO issued a News Release stating that the Marine Environment Protection Committee (MEPC) adopted a revised, accelerated phase-out for single-hull tankers,


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