Traffic Management Plan for New York and New Jersey

Thursday, December 27, 2001
The U.S. Coast Guard has made further revisions to its Traffic Management Plan for the Port of New York/New Jersey. The 300-yard safety zone around JFK International Airport has been terminated. Also lifted is the speed restriction for power driven vessels of 100 meters or more while navigating the Ambrose Channel and Hudson River. Other security measures remain in effect.

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Offshore Casualty: Harkand Group Collapses

As the prolonged slump in energy prices continues to drag on a number of oil and gas and maritime players, word has it that Harkand Group has succumbed, according to staff reports and a report on www.

Transocean Posts Quarterly Profit on Cost Cutting

Offshore rig contractor Transocean Ltd posted a quarterly profit, compared with a year-earlier loss, as cost cutting helped counter a slump in crude oil prices.

Skandi Paraty Delivered and On-hire

Skandi Paraty, owned by Norskan Offshore Ltda, has been delivered from the yard and went on-hire on a four years contract with Petrobras.   Skandi Paraty is an AHTS,

 
 
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