MARAD Releases 2006 Annual Report

Tuesday, October 09, 2007
MARAD announced the release of its 2006 annual report to Congress. The report summarizes the Fiscal Year 2006 accomplishments of the Maritime Administration and provides an overview of maritime policy priorities. It highlights the challenges, successes, and activities of the Maritime Administration throughout 2006. The report also fulfills the reporting requirements under Section 208 of the Merchant Marine Act of 1936, as amended.

Contracts

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

 
 
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