Tuesday, August 21, 2007 Maritime News

NYMAR to Sponsor Capital Markets and Port Infrastructure Forum

Aug 21, 2007

A forum entitled “New York Maritime Matters: Capital Markets: Today and Tomorrow” will be held on September 20th at the Lincoln Center Campus of Fordham University School of Law.

Port of Philadelphia Conducts Security Exercise

Aug 21, 2007

The Transportation Security Administration (TSA) and the U.S. Coast Guard will sponsor a port security exercise in Philadelphia to evaluate preparedness, prevention

Holly Gets MarAd’s Shipper Award

Aug 21, 2007

The Maritime Administration (MarAd) has presented the agency's annual Shipper Recognition Award to an individual instead of a company. This year's recipient,

Transas Signs S-VDR Contract with DOF ASA

Aug 21, 2007

Transas Norway AS has signed a new contract for S-VDR with DOF Management AS of Storebø, Austevoll in Norway. The agreement covering the entire existing fleet of 13 vessels,

Aegean Marine Petroleum Network Inc. Reports 2Q Results

Aug 21, 2007

Aegean Marine Petroleum Network Inc. , announced financial and operating results for the second quarter and six months ended June 30, 2007. The company recorded net income of $7m, or $0.

Hallin Marine Wins $9.5m in Orders

Aug 21, 2007

According to SmallCapsNews.com, Hallin Marine, has signed two new contracts with a combined estimated value of $9.5m. The company has signed a 12-month contract with a U.

Tidewater Declares Quarterly Dividend on Common Stock

Aug 21, 2007

Tidewater Inc. announced that its board of directors has declared a quarterly dividend of $.15 per share on Tidewater's approximately 55.8 million shares of common stock outstanding.

A&P Tyne Gets Refit Contract

Aug 21, 2007

A&P Tyne Ltd, part of A&P Group Ltd, has been awarded the Royal Fleet Auxiliary (RFA) refit contract on RFA Fort Austin for the UK Ministry of Defense. The

Coast Guard Chooses ECPINS

Aug 21, 2007

Offshore Systems Ltd. announced that its sister company, CHI Systems, the U.S. Systems Operations of OSI Geospatial has recently been awarded a contract to provide the U.

Ruling Allows Navy to Continue Using Low-Frequency Sonar

Aug 21, 2007

By Mass Communication Specialist 1st Class Brandan W. Schulze, Navy Office of Information The National Marine Fisheries Services issued a final rule Aug.

Patrol Vessel Bound for Falklands

Aug 21, 2007

The BBC reported that the Royal Navy's newest warship has set off on an 8,000-mile journey to the South Atlantic to patrol the Falkland Islands. HMS Clyde will

ABG Shipyard Delivers Two Vessels

Aug 21, 2007

ABG Shipyard Ltd has announced that the company has delivered two vessels. The 173 ft. long, 90 Ton Bollard Pull Azimuth Drive Propulsion AHTS is able to carry out Anchor handling Towing Rescue,

Hurricane Dean Knocks Ships Off Course

Aug 21, 2007

Reports indicate that at least a dozen ships originally scheduled to sail in the Western Caribbean have switched course and are heading eastward to avoid Hurricane Dean.

Abu Dhabi Shipbuilding Plans Commercial Yard

Aug 21, 2007

Abu Dhabi Ship Building Co, may set up a new shipyard for commercial vessels to tap demand from the region’s booming offshore oil and gas industry, an official said.

Helix Wins Pipelay Contract

Aug 21, 2007

Helix Energy Solutions announced that it has been awarded a contract by BP Norge for the lay of a gas export pipeline for the Skarv Idun development project, in the Norwegian Sea.

ADB to Help Fund Petronet Expansion

Aug 21, 2007

According to reports, Asian Development Bank has signed an agreement to offer $169 million in local currency debt to India's Petronet LNG Ltd. to help fund its expansion.

DHS Releases Guidance on Grant Programs

Aug 21, 2007

The U.S. Department of Homeland Security has released application kits and supplemental grant guidance for three grant programs for 2007. The three programs

Devon Plans Offshore Drilling

Aug 21, 2007

According to reports, Devon Energy Corporation and its partners are planning to invest at least $775m in exploration off the coast of Brazil. The company says

Offshore Rigs Evacuated

Aug 21, 2007

According to reports, U.S. and Mexican oil and natural gas producers evacuated some offshore Gulf of Mexico platforms and rigs, curtailing output as Hurricane

Star Cruises Unit Sells $1b Stake to Apollo

Aug 21, 2007

Star Cruises Ltd unit NCL Corporation Ltd (NCL) is selling a 50 percent stake to a global private equity group, Apollo Management LP, for $1b. Star Cruises

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