SAM Electronics for New U.S. Tankers
Three new shallow-draught 49,000-dwt tankers ordered by AHL Shipping of San Antonio, Texas for subsequent long-term charter to Shell Trading (US) in 2009-2010 are…
Island Boats Building Crewboats
Island Boats is located on a 6.5-acre site with 30,000 square feet of covered and enclosed shops as well as a 10,000 square foot paint shop along Bayou Teche in New Iberia, La..
First ME-B Sees Light of Day
MAN B&W S40ME-B engine. The new engine has been built by STX Heavy Industries Co., Ltd. at its Changwon works to the south of the Korean peninsula, and passed its Type Approval Test.
Fourth GPA PSV 654 Delivered
Bollinger Shipyards in Lockport, La., delivered the Grand Slam, owned by Rigdon Marine. Grand Slam is the fourth of the 10-series GPA 654 Platform Support Vessels.
Intracoastal Producing More Push Boats
Joey Portier shows the donut welded in place to protect the stern bearing on the Jackie Gonsoulin. Joey Portier, yard manager at Intracoastal Iron Works, Inc, carries…
LeTourneau, Lamprell Contract for Newbuild Jack-up Kit
LeTourneau Technologies, Inc. announced the sale of a second LeTourneau Super 116E Class jack-up rig kit to Lamprell Energy, Ltd., with final delivery expected by the end of 2008.
Sperry INBS for New Aircraft Carrier
Northrop Grumman Corporation was selected to provide a new-generation integrated navigation and bridge system (INBS) for the UK Ministry of Defence’s (MOD) Future Aircraft Carrier (CVF) project.
Navy Actions Disrupt Oil Field Access
StatoilHydro reportedly suspended helicopter flights to some of its main fields in the North Sea due to Russian Navy exercises in nearby international waters, Reuters reported.
North Sea Unions Call for Better Lifeboats
Lifeboats on oil and gas installations in the North Sea are not fit for purpose, union leaders claimed yesterday in Aberdeen, according to a report on www.thisisnorthscotland.co.uk.
$392m Loan Secired for 10 New Chem Tankers
Samba Financial Group reportedly has signed an agreement with National Chemical Carrier (NCC)for a $392 million (SR1,470) million facility to finance 80 percent…
Tug Engine Hits the Pavement: Literally
An 8,000-pound tugboat engine crashed to the pavement yesterday when a truck flipped shortly after 10 a.m., according to a report on the Galveston County Daily News.
IMO Strategy, Budget Approved
IMO's Strategic Plan for the next six years and High-level Action Plan for the next two years were updated by the Organization's highest governing body, the Assembly…
Finance Groups Meet to Discuss Canal Expansion
After presenting the Expansion Program at key financial centers around the world, the Panama Canal Authority (ACP) hosted a two-day workshop on the waterway’s expansion financing in Panama this week.
OceanFreight Diversifies into Tankers
OceanFreight Inc. acquired its tenth vessel. The company announced it acquired a 1993 built 93,723 dwt double-hull Aframax tanker from interests associated with George Economou for $47.25 million…
Golden Nori Vessel Released
GULF OF ADEN (NNS) -- Dock landing ship USS Whidbey Island (LSD 41) is in the Gulf of Aden standing by to provide assistance to the crew of the Merchant Vessel Golden Nori.
This Day in Naval History - Dec. 13
1775 - The Continental Congress authorizes the building of 13 frigates. 1941 - Cmdr. William A. Sullivan designated the first supervisor of salvage, giving the supervisor an office in New York City.
Teekay Announces IPO Pricing
Teekay Tankers Ltd. has priced its initial public offering of 10,000,000 shares of its Class A Common Stock at $19.50 per share. option in full) represent a 40%…
Bocimar Expands Newbuild Program
Bocimar has expanded its newbuilding program with the acquisition of two newbuilding Capesize vessels. The first has been ordered from Imabari (Japan). The purchase price of this 180…
San Francisco on Oil Spill: Sue Everyone
Two Coast Guard small boats set a security zone around the 900-foot container ship Cosco Busan. The ship hit the San Francisco Bay Bridge Nov. 7, 2007 spilling an estimated 58…
Jail for Execs in Marine Hose Bid-Rigging Conspiracy
An independent consultant and two executives of Dunlop Oil & Marine Ltd., a manufacturer of marine hose located in Grimsby, U.K., pleaded guilty and have agreed…