Thursday, October 25, 2007 Maritime News

Bollinger Promotes Satches

Oct 25, 2007

Bollinger Shipyards, Inc., Lockport, La., announced the promotion of Jodi Satches to Vice President of the newly established Health, Safety, and Environmental (HSE) Department.

Transocean Forms JV for Two Drillships

Oct 25, 2007

Transocean Inc. announced that a subsidiary has exercised its option to purchase a 50 percent interest in a joint venture company with Pacific Drilling Limited.

Coast Guard Finds Weaver Cove LNG Terminal Waterway Unsuitable

Oct 25, 2007

The Coast Guard announced its determination that the waterway approach to the proposed Weaver's Cove Liquefied Natural Gas terminal in Fall River, Mass., is unsuitable

Burger Elects Cleveringa as VP

Oct 25, 2007

Burger Boat Company announced the appointment of Ron Cleveringa to the newly created position of Vice President Sales and Marketing. Joining Burger Boat Company in April 2000,

Bharati Shipyard, Apeejay Shipping Enter JV

Oct 25, 2007

Mumbai-based Bharati Shipyard and Apeejay Shipping have signed a 50:50 joint venture agreement for setting up large modern shipbuilding yard along the eastern coast.

VT Delivers Fourth Type 45 Bow Set

Oct 25, 2007

VT Shipbuilding has delivered the fourth bow section for the Royal Navy’s new Class of Daring Class destroyers to BAE Systems Surface Fleet Solutions’ Govan shipyard in Glasgow.

Panama Canal Execs Consider Expansion Benefits

Oct 25, 2007

The Panama Canal Authority (ACP), along with the Government of Panama, participated in The Business Roundtable, organized by Economist Conferences, a division

Malaysia Launches First Sub

Oct 25, 2007

Malaysia’s first Scorpene submarine was recently launched signifying yet another leap in the nation’s pursuit of new technology. KD Tunku Abdul Rahman, named

Lamorte Burns & Co. Announce New Hires

Oct 25, 2007

Lamorte Burns & Co., Inc., the category-leading U.S. firm which represents ship owners/operators, P&I clubs and USL&H clubs announced several key management additions

Arlington Tankers Announces Results

Oct 25, 2007

Arlington Tankers Ltd. (NYSE: ATB) announced financial results for the third quarter and the nine months ended September 30, 2007. For the quarter ended September 30,

ITIC Warns of Forged Emails for Cargo Delivery

Oct 25, 2007

Ship agents are increasingly faced with attempts to obtain delivery of cargo using forged emails, according to the International Transport Intermediaries Club (ITIC).

Seoul Shares Rise; STX Shipbuilding Surges

Oct 25, 2007

Seoul shares closed 2.3 percent up earlier this week, their biggest daily percentage gain in three weeks, as STX Shipbuilding surged after buying a stake in a Norwegian ship builder,

STX Shipbuilding Gains on Stake Purchase in Aker Yards

Oct 25, 2007

STX Shipbuilding Co., the first South Korean yard in China, had its biggest two-day gain in more than a week in Seoul on optimism the purchase of a stake in Norway's

Northrop Grumman 3Q Profits Soar

Oct 25, 2007

Northrop Grumman Corp. (NOC) said third-quarter profit soared 62%, helped by a gain from the dissolution of a joint venture and a strong performance in its ships business.

This Day in Navy History

Oct 25, 2007

October 25, 1812 - USS United States (CAPT Stephen Decatur) captures HMS Macedonian. 1924 - Airship, USS Shenandoah (ZR-1), completes round trip transcontinental cruise that began on 7 October.

Bourbon Orders Two from French Yard

Oct 25, 2007

Bourbon has ordered for two Multi Purpose Supply Vessels (MPSV) from Socarenam, the French shipyard based in Boulogne-sur-Mer. The design of these vessels is

Princess Sails with

Oct 25, 2007

LNG carrier “Arctic Princess” is seen leaving the Statoil LNG plant at Melkoya Island, Hammerfest, Norway, on September 20 with the first-ever cargo of liquefied

New Waterjets Excel in Trials

Oct 25, 2007

In mid 2006 Wärtsilä Corporation introduced the new LJX axial water jets for the propulsion of fast vessels with promises of a 25% reduction in transom mounting flange diameter,

FreeSeas Announces Price of Stock Offering

Oct 25, 2007

FreeSeas Inc., a provider of seaborne transportation for drybulk cargoes, today announced the pricing of its follow-on offering of 11,000,000 shares of its common stock at a price of $8.

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