Thursday, February 28, 2008 Maritime News

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.

Ferry Hits Oil Platform

Feb 28, 2008

A DFDS Seaways ferry crashed into an oil platform on the River Tyne in 60mph winds. The collision, which occurred last Friday, happened after several ropes tethering the 30,

Strong Start for Marseilles-Fos

Feb 28, 2008

January cargo throughput at Marseilles-Fos reached 8.52 million tons for a 6 percent rise on January 2007, one of last year’s busiest months at the leading French port.

This Day in Naval History - Feb. 28

Feb 28, 2008

From the Navy News Service 1844 - The Peacemaker, an experimental 14-inch gun, explodes aboard USS Princeton. 1893 - USS Indiana (BB 1), the first true battleship in the U.

SeaArk Delivers Transporter

Feb 28, 2008

SeaArk Marine, Inc. has delivered a 50-ft. Transporter to Gulf Islands National Seashore in Ocean Springs, MS. The vessel, Captain George, and her crew

This Day in Naval History - Feb. 28

Feb 28, 2008

1844 - The Peacemaker, an experimental 14-inch gun, explodes aboard USS Princeton. 1893 - USS Indiana (BB 1), the first true battleship in the U.S. Navy, is launched.

BC Ferries Releases 3Q Results

Feb 28, 2008

British Columbia Ferry Services Inc. (BC Ferries) today released its third quarter results for fiscal 2007/08. The company reported a net loss of $7.8 million for the three months ended December 31,

Euronav Enters FSO Market

Feb 28, 2008

Euronav NV announced that Maersk Oil Qatar AS has awarded two contracts for the provision of Floating Storage and Offloading (‘FSO’) services on the Al Shaheen field off shore Qatar.

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