Wednesday, January 07, 2004 Maritime News

Teekay Shipping Corporation Declares Dividend

Jan 07, 2004

Teekay Shipping Corporation announced that its Board of Directors has voted to declare a cash dividend on its common stock of $0.25 per share, payable on January 30,

CAE USA Names New Tech Director

Jan 07, 2004

CAE USA marine systems has named Capt. William H. Luebke to the newly created position of director of technology, effective Jan. 5. Luebke, who just retired from the U.

Permit Helps Clear Way for $1.2 Billion Terminal

Jan 07, 2004

The Port of Houston Authority (PHA) signed the federal permit for the Bayport Container and Cruise Terminal on Monday. The permit was then issued after Col. Leonard Waterworth signed it.

Ground Broken on World’s Largest Shipyard

Jan 07, 2004

A Chinese shipbuilding company has broken ground on what it says will be the world's biggest shipyard, a high-tech facility capable of producing cruise ships and natural gas tankers,

IHC Caland Logs $100M New Business

Jan 07, 2004

IHC Caland reported that it had won new orders recently worth more than $100 million and would continue to meet its banking covenants. J.P. Morgan had said in

UAE Shipbuilder Wins $500M in Contracts

Jan 07, 2004

A United Arab Emirates shipbuilding company apparently has won a $500 million contract from the Gulf Arab state's navy to build six warships using French technology.

Massive Tunnel Boring Machine Shipped

Jan 07, 2004

One of the world's largest tunnel boring machines, destined for the construction of a 4.05km long road tunnel in Kuala Lumpur, has been loaded on board Rickmers

Rolls-Royce Marine Expands U.S. Presence

Jan 07, 2004

Rolls-Royce Naval Marine Inc. broke ground for the expansion of its foundry in Pascagoula, Miss. The new facility is designed to enhance manufacturing capabilities

Ribcraft Signs Contracts with USCG, USAF

Jan 07, 2004

Ribcraft USA entered into a multi-boat contract with the U.S. Guard and will supply the U.S. Air Force with its recently launched Mitigator 7.8 m boat. The

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