Wednesday, January 09, 2008 Maritime News

STX Pan Ocean to spend $810

Jan 09, 2008

STX Pan Ocean a South Korean shipping firm, said on Wednesday it would spend about $810 million in 2008 on new vessels including bulk ships and containers. STX Pan Ocean ,

CSSC Profits Boom

Jan 09, 2008

China State Shipbuilding Corp (CSSC) profits almost tripled last year as it boosted output and improved production efficiency, according to chinadaily.com. Net income surpassed $1.

Zipponi Supports Merge

Jan 09, 2008

According to www.euro2day.gr, reformed communist politician and parliament member Maurizio Zipponi has proposed to the Italian government a merger of Fincantieri

Financial IUpdate on Asia and China

Jan 09, 2008

According to Bloomberg.com, Asian stocks rose for the first time in four days, led by financial shares, after China Merchants Bank Co. doubled its profit and Citic Securities Co.

BAE Names Clifford as President of Ship Repair Business

Jan 09, 2008

BAE Systems has appointed Bill Clifford as president of its Ship Repair business, effective April 1, 2008. Clifford will succeed Al Krekich, who will retire March 31,

Contract Over Victorian Submarines

Jan 09, 2008

According to www.nwemail.co.uk, BAE was allied to a Nova Scotia based company, Irving Shipbuilding, and others in a consortium which fought for the contract to

Korea's Shipbuilding Industry Update

Jan 09, 2008

According to English.chosun.com, Korea's southern island Geoje has a 400-hectare plot where 26,000 shipbuilders are hard at work. The shipyard owned by Daewoo Shipbuilding

Wärtsilä Signs Ship Overhaul Contract

Jan 09, 2008

Wärtsilä signed in December a $13m contract with Norwegian ferry operator New Kystlink AS for an overhaul project of Kystlink's Pride of Telemark ferry. This contract

Rowan Announces New Drilling Commitments

Jan 09, 2008

Rowan Companies, Inc. announced that it has signed a drilling contract for one of its Gorilla class rigs for approximately six months of work offshore eastern Canada that should begin in mid 2009.

RINA Provides Three New Class Notations

Jan 09, 2008

RINA has met shipowners' needs to demonstrate that their vessels exceed basic regulatory requirements by providing three new Additional Class Notations. The three notations,

OPE Awards SSP-320 Design to WorleyParsons

Jan 09, 2008

OPE, Inc. has awarded WorleyParsons SEA Engineering the detailed design of the SSP-320 Hull. The Satellite Services Platform (SSP) is a patented spherical-shaped floating

MSC Accepts USNS Richard E. Byrd

Jan 09, 2008

Military Sealift Command accepted delivery of dry/cargo ammunition ship USNS Richard E. Byrd in San Diego. The ship was built by General Dynamics NASSCO. Byrd,

Korean Shipbuilder Will Build and Invest in U.S. Company

Jan 09, 2008

Korean ship builder NOK-BONG Ship Building Co., Ltd. (NBS) has purchased 20,000,000 unissued shares of common stock in St. Lawrence Energy Corp., a Delaware corporation, at a price per share of $1.

Salvors Supports IMO Guidelines

Jan 09, 2008

Salvors have welcomed the International Maritime Organization’s adoption of Guidelines on the Control of Ships in an Emergency. The Guidelines, adopted by the IMO’s Maritime Safety Committee,

Hornbeck Offshore to Acquire Superior Achiever

Jan 09, 2008

Hornbeck Offshore Services, Inc. announced today that it has entered into a definitive asset purchase agreement with Superior Offshore International, Inc, a subsea

Progressive Barge Lines Building

Jan 09, 2008

Located at Westwego on the West Bank of the Mississippi across from New Orleans, Progressive Barge Lines is established in the local bunkering business. Recently

Transocean Inc. Update On Fleet Contract

Jan 09, 2008

Transocean Inc. announced that its report of drilling rig status and contract information covering the company's 140-unit offshore drilling fleet has been updated as of January 8, 2008.

Rolls-Royce Quarterly News

Jan 09, 2008

In the final quarter of 2007, Rolls-Royce continued to expand its global capability, with strong performance in the marine and offshore sectors. The offshore marine

Crowley Promotes John Ara

Jan 09, 2008

Crowley Maritime Corporation announced that John Ara has been promoted to vice president with responsibility for the company's Atlantic/Gulf Coast commercial and marine operations business.

CNO Embarks on U.S. Shipyard Tour

Jan 09, 2008

Chief of Naval Operations (CNO) Adm. Gary Roughead left the Pentagon, Jan. 7 on an eight-day trip to visit private and public shipyards throughout the U.S. As detailed in the 2007-2008 CNO Guidance,

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