Thursday, December 07, 2006 Maritime News

OSG to Withdraw Pacific Stock Exchange Listing

Dec 07, 2006

Overseas Shipholding Group, Inc. announced plans to withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Stock Exchange. OSG's

EU Approves State Aid to Modernize German Shipyard

Dec 07, 2006

The European Commission said it has approved a $5.5m regional investment aid package for the German shipyard Volkswerft Stralsund. The commission said the investment

Navios Maritime Holdings Takes Delivery of Vessel

Dec 07, 2006

Navios Maritime Holdings Inc. announced the delivery of its latest owned vessel, the Navios Star, a 76,662 dwt panamax vessel. The Navios Star was built at

NSSL Contracts STM

Dec 07, 2006

NSSL has contracted telecom solutions provider STM to deliver, install and support SatLink DVB-RCS hubs on the East and West Coasts of the US, providing coverage

LNG Under Construction by Samsung Heavy Industries

Dec 07, 2006

Araldite LNG adhesives from Huntsman Advanced Materials are being employed by shipyards, including Samsung Heavy Industries in the construction of a new LNG ship.

Electric Boat Cuts Will Not be Layoffs

Dec 07, 2006

The Norwich Bulletin reported that Electric Boat’s reduction in jobs this year can be achieved through attrition and furloughs, rather than laying off employees.

Tyrihans Field Contract for Fugro

Dec 07, 2006

Fugro Structural Monitoring, a division of Fugro Global Environmental & Ocean Sciences Ltd., has been awarded a contract from FMC Technologies to provide

Austal Patrol Boat Begins Operation in Bermuda

Dec 07, 2006

The sister ship to the recently delivered six New South Wales Water Police boats officially entered service on December 4 with the Bermuda Water Police. This follows

Seaspan Accepts Delivery of Vessel

Dec 07, 2006

Seaspan Corporation announced the delivery of its 22nd vessel, the Maersk Marystown, a 4800 TEU containership built in 1989. The vessel was purchased from A.P.

Keppel to Build KFELS N Class Jackup for the North Sea

Dec 07, 2006

Keppel FELS has secured a $371m contract to construct the first KFELS N Class jackup rig for ProdJack AS, a member of the Skeie Group. When delivered at the end of the first quarter of 2010,

Maritime Interdiction Leaders Join to Improve Capabilities

Dec 07, 2006

Naval Surface Warfare Center Panama City (NSWC PC)hosted organizational leaders at a conference Nov. 28-29 to organize the development of Expanded Maritime

Wärtsilä Acquires Ship Design Company

Dec 07, 2006

Wärtsilä Corporation has signed an agreement to acquire the German ship design company group Schiffko. Sshiffko is privately-owned and has annual net sales totalling approximately $5.

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