Wednesday, May 09, 2007 Maritime News

New Sources of Finance Needed for EU Transport Infrastructure

May 09, 2007

The Transport Committee believes that continued financial inaction on the transport infrastructure may put economic growth at risk. In a report adopted, it calls

CTAC – Members Sought

May 09, 2007

The Coast Guard is seeking applications for appointment to membership on the Chemical Transportation Advisory Committee (CTAC). The committee advises the agency

Caymans Ban Cruise Ships at Port

May 09, 2007

The Cayman Islands government have banned cruise ships from anchoring at a port where their huge chains have damaged coral reefs, the AP reported. Environmental

Singapore, Australia Hold Joint Maritime Exercise

May 09, 2007

A joint maritime exercise involving the navies and air forces of Singapore and Australia is being held in the Singapore Strait and the South China Sea, from May 7 to 11.

Navy to Commission Destroyer in Galveston

May 09, 2007

The Navy will commission the Arleigh Burke class destroyer, the Kidd, in Galveston on June 9. This ship honors Rear Adm. Isaac C. Kidd, who was on board

Knightsbridge Tankers Limited to Buy Two

May 09, 2007

Knightsbridge Tankers Limited has agreed to purchase two newbuilding contracts, each for a Capesize bulk carrier of approximately 170,000 deadweight tons (dwt).

Fratelli Cosulich Names Spiess Zurich Managing Director

May 09, 2007

Fratelli Cosulich has appointed a new managing director to take forward its Zurich-based cruise and ferry travel agency business, Cosulich Ltd. Stefan Spiess

India Considers Pool for Oil, Gas Exploration

May 09, 2007

India has proposed forming a rig pool for state-run oil companies to avoid delays in oil and gas exploration. An adequate number of rigs could be considered for

W&T Offshore 1Q Profit Drops

May 09, 2007

W&T Offshore Inc. first-quarter profit fell 77 percent, hurt by weaker product prices and higher lease operating costs. The company also cut its full-year production guidance,

Navy Awards General Dynamics $47m Contract

May 09, 2007

The U.S. Navy has awarded General Dynamics Electric Boat a $46.7mcontract to perform routine maintenance and modernization work on the USS Alexandria (SSN-757), a Los Angeles-class attack submarine.

Crowley to Launch Third Sailing in U.S. Gulf

May 09, 2007

Crowley Maritime Corporation announced that its liner services unit will add a third, weekly, fixed-day sailing effective May 18 between Gulfport, Miss.

Oyster Enters Superyacht Market

May 09, 2007

According to Yachting World, two British yachting companies have teamed up to create a new range of series built Superyachts. Double Queen's Award yacht builder,

Sector and Individual Company Analysis of the Naval Architects Industry

May 09, 2007

Research and Markets has announced the addition of “Naval Architects Portfolio Analysis” to their offering. The Portfolio Analysis - Naval Architects is a

USS Nimitz Strike Group Arrives in 5th Fleet

May 09, 2007

An F/A-18F Super Hornet, from the "Black Aces" of Fighter Attack Squadron (VFA) 41, lands aboard nuclear-powered aircraft carrier USS Nimitz (CVN 68). Nimitz

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