Wednesday, November 01, 2006 Maritime News

Tidewater Announces Expiration of Rights Plan

Nov 01, 2006

Tidewater Inc. announced that the company’s stockholder rights plan expired in accordance with its terms on November 1, 2006. While the company is not currently

Plains All American Pipeline Acquires 50 Percent Interest in Settoon Towing

Nov 01, 2006

Plains All American Pipeline, L.P. announced that its subsidiary, Plains Marketing, L.P., has acquired a 50% membership interest in Settoon Towing LLC.

Helix Receives LOI for Reliance Project in India

Nov 01, 2006

Helix Energy Solutions Group, Inc. has executed a letter of intent with Allseas Marine Contractors S.A. for the installation of the subsea infrastructure in connection with Allseas' engineering,

India Aims for Blue-Water Navy

Nov 01, 2006

A truly blue-water Navy with strategic reach to operate from Africa's eastern coast right up to Malacca Straits. A satellite networked-force with maritime surveillance

Novatug Establishes Tugboat Equipment Sourcing Consultancy

Nov 01, 2006

Novatug, the Rotterdam-based specialist behind the design of the revolutionary Carousel towing system for tugboats, has established an international tugboat equipment

General Maritime Corp. Announces 3Q Results

Nov 01, 2006

General Maritime Corporation reported its financial results for the three and nine months ended September 30, 2006. Financial Review: 2006 Third Quarter The company had net income of $24.

MISC Buys Aframax Tankers

Nov 01, 2006

MISC Bhd has bought four Aframax tankers from Japan's Tsuneishi Corp for $260m. The first unit of the 107,500-deadweight tonnage (DWT) tankers will be delivered in 2009,

Wärtsilä Invests in the Steerable Thrusters

Nov 01, 2006

Wärtsilä Corporation will invest in the manufacture of steerable thrusters in China and the Netherlands. The investment value is $11m. In China, Wärtsilä will

PPL Shipyard to Build Jackup for Offshore Group Corp.

Nov 01, 2006

PPL Shipyard, a subsidiary of SembCorp Marine, has secured a rig building contract worth $155m from Offshore Group Corp. for the construction of a Baker Marine

FOE and KNOC in Deal for Drillship

Nov 01, 2006

According to Rigzone, Fred Olsen Energy ASA (FOE) has entered into an agreement of intent with the Korean state owned oil company, Korea National Oil Corporation (KNOC) of South Korea,

RTC Acquires Senesco Marine

Nov 01, 2006

The North Kingstown-based Senesco Marine, previously known as the Southeastern New England Shipbuilding Corp., has been acquired by Reinauer Transportation Companies LLC,

 

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