October, 2006 Maritime News

Conrad Industries Delivers Towboat

Oct 31, 2006

Conrad Industries, Inc. is pleased to announce the delivery of the MV Kenneth Eddy to the US Army Corp of Engineers, Huntington District. The primary mission

MMS to Hold Public Hearing in Mobile

Oct 31, 2006

The Interior Department’s Minerals Management Service (MMS) will hold a public hearing in Mobile, Alabama on Wednesday, November 1, 2006 to solicit comments

Taiwan's Matsu Receives New Patrol Boat

Oct 31, 2006

According to reports, the coast guard squad stationed on the island of Matsu has recently been equipped with a new 50-ton patrol boat that is expected to greatly

Tanker Construction Begins in Dung Quat

Oct 31, 2006

VNA reported that Dung Quat Shipbuilding Industry Corporation on October 30 began building a 104,000-tonoil tanker, the largest of its kind built in Vietnam so far.

Tanker Construction Begins in Dung Quat

Oct 31, 2006

VNA reported that Dung Quat Shipbuilding Industry Corporation on October 30 began building a 104,000-tonoil tanker, the largest of its kind built in Vietnam so far.

Maritrans Reports 3Q Results

Oct 31, 2006

Maritrans Inc., announced its third quarter financial results. Net income for the quarter ended September 30, 2006 was $4.0 million, or $0.33 diluted earnings per share, on revenues of $49.

AAPA Seminar be Held in Memphis

Oct 31, 2006

The American Association of Port Authorities—the leading alliance of public ports in the Western Hemisphere—on Nov. 14-16, 2006, in downtown Memphis, will hold

Reinauer Says it Has Acquired Senesco Marine

Oct 31, 2006

According to Providence Business News, Senesco Marine has been acquired by Reinauer Transportation Companies LLC. Terms of the deal were not disclosed. In an online announcement,

GA Reduces Trans Pacific Capacity

Oct 31, 2006

Following a meeting in Singapore, the CEOs of the Grand Alliance (GA) member lines engaged in the Trans Pacific trade, Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK),

Report: Need for More Smaller Korean Yards Seen

Oct 31, 2006

According to Ariang News, several major Korean shipyards dominate the world shipbuilding market, but it looks like the industry could use more smaller players.

Leon to Retire as Royal Caribbean Cruises CFO

Oct 31, 2006

Royal Caribbean Cruises Ltd. announced that Chief Financial Officer (CFO) Luis Leon will retire from the company, and that Executive Vice President Brian Rice will succeed him as CFO.

Ships Collide in English Bay

Oct 31, 2006

The Vancouver Sun reported that winds of up to almost 43 mph tore through the Lower Mainland, knocking out power to 14,000 homes and causing the collision of three large cargo ships in English Bay.

Petronas to Explore for Hydrocarbon in Timor Sea

Oct 31, 2006

Petroliam Nasional Bhd (Petronas) said it will be exploring for hydrocarbon with three partners in the joint petroleum development area between Timor Leste and Australia.

Vietnam Shipyard Builds Tanker for PetroVietnam

Oct 31, 2006

An affiliate of Vietnam shipbuilding giant Vinashin started work on the first of three 105,000 oil tankers under a contract last July with the state-run oil giant PetroVietnam.

Oil Prices Slip

Oct 31, 2006

According to reports, oil prices fell by three per cent Monday, slipping below $59 a barrel as traders looked ahead to U.S. supply data due out Wednesday that is

General Dynamics Awarded $59m Contract for Sub Work

Oct 30, 2006

The U.S. Navy has awarded General Dynamics Electric Boat a $58.7 million contract modification for nuclear-submarine modernization and maintenance work. Electric

Stolt-Nielsen to File Motion Against Indictment

Oct 30, 2006

Stolt-Nielsen SA said it plans to file motion to dismiss a grand jury indictment accusing the company of price fixing, as it intends to argue that an amnesty

STX Shipbuilding wins $373m Order from India

Oct 30, 2006

The STX Shipbuilding Co., South Korea's seventh-largest shipbuilder, has won a $373m order to build six petrochemical goods carriers for a shipping company in India.

Matsu Coast Guard Gets New Patrol Boat

Oct 30, 2006

The coast guard squad stationed on the island of Matsu has recently been equipped with a new 50-ton patrol boat. the addition of the vessel aims to boost the

Matson Says its China Service is Profitable

Oct 30, 2006

Matson Navigation Co. Inc., the Oakland, Calif.-based maritime shipping subsidiary of Honolulu-based A&B posted 7 percent more third-quarter revenue but 7 percent lower operating profit.

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