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Dec 07, 2005
Two ships collided in a German river, sinking one of the vessels and throwing seven of its sailors into the water, according to an AP report. A third ship later ran into the wreckage.
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Dec 07, 2005
Another active hurricane season is in store for 2006 in the Atlantic Basin, the fourth consecutive year there will be an above-normal number of storms, according to a Bloomberg report.
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Dec 07, 2005
The British government, struggling to erase its deficit, is doubling the surtax for North Sea oil and gas companies, a move that surprised an industry expecting an increase half that size,
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Dec 07, 2005
China National Offshore Oil Corporation (CNOOC) signed a production sharing contract (PSC) with Devon Energy Corporation for deepwater block 42/05.
Block 42/05,
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Dec 07, 2005
A man is in serious condition after one of two commercial tugs towing a log barge capsized, becoming lodged beneath the giant boat and throwing its captain into the water,
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Dec 07, 2005
New Haven, Conn.-based submarine builder Electric Boat announced that it would eliminate up to 2,400 jobs, or 20 percent of its 11,800 employees, by the end of next year,
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Dec 07, 2005
A new proposal to revive Navy shipbuilding and add more than 30 vessels to today’s fleet of about 280 depends on the service’s ability to control construction costs
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Dec 07, 2005
Teekay Shipping Corporation announced that its Board of Directors has authorized a $180 million increase to the existing share repurchase program.
Since the end of November 2004,
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Dec 07, 2005
Telenor Satellite Services, a subsidiary of Telenor of Norway, announced that its Broadband Global Area Network Service (BGAN) is commercially available to customers in Europe,
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Dec 07, 2005
ABB won contracts worth $140 million to supply its Azipod propulsion systems for three vessels and electrical power systems for 11 vessels and two semi-submersible drilling rigs.
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Dec 07, 2005
Galbraith's Ltd has expanded its board of directors with the appointment of Terry
Parmenter, a highly experienced and well-known dry cargo chartering broker who
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Dec 07, 2005
From the Navy News Service
1917 - Four U.S. battleships arrive at Scapa Flow to take on the role of the British Grand Fleet's 6th Battle Squadron. The ships include USS Delaware (BB 28),
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Dec 07, 2005
The United States manufacturer of rigid inflatable boats (RIBs) for safety professionals, law enforcement and military agencies, announced the delivery of a RIBCRAFT 4.
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Dec 07, 2005
Diana Shipping Inc.
announced the completion of its follow-on offering of
5,000,000 shares of common stock priced at $13.50 per share.
Bear, Stearns & Co.
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Dec 07, 2005
The Board of Directors of Royal
Caribbean Cruises Ltd. has declared a quarterly dividend of
15 cents per share for shareholders of record at the close of business on
December 16,
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Dec 07, 2005
The Coast Guard is involved in the search for two missing boaters in Louisiana's Lake Pontchartrain this afternoon after their small boat was located overturned in the lake Monday afternoon.
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Dec 07, 2005
The Navy began a two-week exercise Nov. 28 with navies from Canada, Australia, New Zealand and Great Britain to improve the way it communicates between its ships,
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Dec 07, 2005
ABB has been awarded contracts worth $140 million to supply its Azipod® propulsion systems for three vessels and electrical power systems for 11 vessels and two semi-submersible drilling rigs.
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Dec 07, 2005
ExxonMobil Marine Fuels has
confirmed that its marine fuels will continue to meet or surpass the
requirements of the new ISO Marine Fuel specifications.
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Dec 07, 2005
Offshore Systems International Ltd.
has been awarded mapping contracts totaling more than
C$1.7 million in its fiscal fourth quarter ended November 30, 2005.
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