February, 2008 Maritime News

MIPS Holds Security Roundtable Discussion

Feb 29, 2008

From Commander, U.S. Naval Forces Central Command/U.S. 5th Fleet Public Affairs Experts in maritime infrastructure protection participated in a roundtable discussion, Feb.

Sleek Design for Indonesian Tug

Feb 29, 2008

The team, composed of owner H. Darmansyah, naval architect Surjo Adji and yard manager Heri Nurcahyono, has built the Muji Rahayu Shipyard into a major player

Mineral Monaco Purchased

Feb 29, 2008

Bocimar and its joint venture partner Drylog have exercised their option to purchase the Mineral Monaco (2005 – 180,263 dwt) currently on long-term charter from Imabari (Japan).

Zarmati Named President & CEO of Costa Cruise Lines—North America

Feb 29, 2008

Maurice Zarmati has been named president and CEO of Costa Cruise Lines—North America. Zarmati, who is currently vice president of sales for Carnival Cruise Lines,

WSDOT Announces Realignment

Feb 29, 2008

The Washington State Department of Transportation announced a realignment of two key programs – Vessel Engineering and Vessel Maintenance. This

Crowley Takes Delivery of Vigilant

Feb 29, 2008

Crowley Maritime Corporation took delivery of the Vigilant, a new Z-Drive tugboat that is being chartered from BayDelta Maritime, Inc., for use in Crowley's ship

Euroseas Reports 4Q Results

Feb 29, 2008

Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

New Induction Coating Removal System Developed

Feb 29, 2008

By Portsmouth Naval Shipyard, Public Affairs Shipyard workers from Portsmouth Naval Shipyard have implemented an induction coating removal process that has

AVSEA Engineering for Reduced Maintenance

Feb 29, 2008

By NAVSEA Corporate Communications 2007 was another successful year for the Naval Sea Systems Command’s (NAVSEA) Engineering for Reduced Maintenance (EFRM) team,

Container Terminal Standard Officially Launched

Feb 29, 2008

Port logistics are more and more challenged: More and bigger containerships than ever before are in operation. For both ships and ports, speed, safety and

SPS Completes Initial Developmental Testing

Feb 29, 2008

By John Joyce, NSWC Dahlgren Corporate Communications The Navy took another step to increase ships' capabilities against asymmetric surface threats, as the

SKorean Shares Close Higher

Feb 28, 2008

According to reports, South Korean shares finished higher on Thursday, with late buying of shipbuilding and technology counters helping the key index close in positive territory.

Grupo TMM Reports 4Q and 2007 Financial Results

Feb 28, 2008

Grupo TMM reported its financial results for the fourth quarter and 12 months of 2007. Comparing the fourth quarter of 2007 with the fourth quarter of 2006,

Great Eastern Shipping to Sell Product Tankers

Feb 28, 2008

Great Eastern Shipping Co Ltd said it plans to sell two medium range product tankers for an undisclosed sum. The tankers would be delivered to their buyers in the first quarter of 2009/10,

Teekay Offshore Partners Reports 4Q and Annual Results

Feb 28, 2008

Teekay Offshore Partners reported its fourth quarter and annual results for 2007. Highlights include: - Declared a cash distribution of $8.0 million, or $0.

Stolt-Nielsen S.A. Reports 4Q and 2007 Results

Feb 28, 2008

Stolt-Nielsen S.A. reported results for the fourth quarter and full year ended November 30, 2007. The financial statements for the full year ended November 30, 2007 have been audited.

Dockwise Announces Q4 and 2007 Results

Feb 28, 2008

DOCKWISE Ltd., announced its Q4 and full year 2007 results. Highlights include: Revenue increased 15% to USD 290 million (USD 252 million 2006). Milestone

Navy Christens Amphibious Transport Dock Ship New York

Feb 28, 2008

The Navy will christen the newest San Antonio class amphibious transport dock ship New York (LPD 21) at 10 a.m. CST on Saturday, March 1, 2008, during a ceremony

Tugboats Hired to Break Ice in St. Joe Valley

Feb 28, 2008

Benewah County has hired a tugboat operator to break ice on Lake Coeur dAlene to ease the flood threat in the St. Joe River valley. Two tugs from North Idaho

Capital Product to Buy Tankers

Feb 28, 2008

Capital Product Partners LP has signed a nonbinding letter of intent to buy two vessels from Capital Maritime & Trading Corp., for total of $118m. The deal is expected to be completed by April.


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