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Civil Works Budget Awakens Critics Again
President Clinton's budget transmitted to Congress includes $4.06 billion for the USACE Civil Works program. In addition the program will include $322 million in…
Texas General Land Office Forms Task Force on Oil Spill Prevention
The Texas General Land Office (TGLO) has formed an Oil Spill Prevention Task Force to look at ways to prevent spills and to examine penalty levels if spills do occur in Texas waters.
Offshore Market 2000: In like a lamb, out like a lion?
Though fraught with traditional starts and stops, peaks and valleys, it appears now the much-anticipated Gulf of Mexico offshore business rebound is imminent. Maybe.
MetalCraft Building Multi-Beam Hydrographic Survey Craft
MetalCraft Marine Inc., of Kingston, Ontario, is nearing completion of its second Hydrographic Survey Craft for the Canadian Government's Department of Fisheries and Oceans (DFO)…
Norne Feels Stays Shut Longer Than Expected
Statoil said that scheduled maintenance closure at the North Sea Norne oilfield would run a few days longer than expected. Norne, which shut down for one week on April 4…
Organizations Shoot Down Budget with HSF
The Administration's FY 01 budget request for the USACE' Civil Works program calls for nearly $1 billion in new taxes on the maritime industry to fund a Harbor Services Fund (HSF).
Carnival Earnings Warning Triggers Sell-Off
If it's darkest before dawn, than it is nearly daybreak at Carnival Corp. The company's stock price has been severely punished since the beginning of the year for seemingly phantom reasons.
News Briefs
First Wave/Newpark Shipbuilding, in Galveston, Texas, has had a busy spring. First, the company was awarded a contract by Diamond Offshore Drilling to install a…
Jotun: Greening the trade in crude
Bringing her first cargo to Europe following completion by Samsung Heavy Industries, the 306,000-dwt British Pioneer has given new expression to environmental-consciousness…
Q&A on Offshore Safety
MarineNews: How long has your current safety training program been in place? Tom Knode: Halliburton Energy Services and its predecessor companies have conducted…
Tanker Trends
Freight rates for crude tankers loading early April in the Middle East were climbing early last week as shipowners held out for higher prices in expectation of heavy vessel fixing, brokers said.
Conover Captures Cunard's Essence
No stranger to the cruising industry, Pamela Conover, president and COO of Cunard Line Ltd. Could undoubtedly be the reason behind the company’s continual ability…
Seabulk Reports 4Q Results
Seabulk International, Inc. has reported a net loss of $6.3 million for the quarter ended December 31, 2001. Included in the loss for the quarter is a writedown…
Card-Carrying Members Only
Imagine having your picture taken as soon as you board any cruise vessel. While cruise lines have been observing this practice for many years for entertainment purposes…
Projections center on When, not If
The cyclical nature of the offshore exploration and production beast is legendary in financial circles, riding boom and bust waves for years at a time. While industry…
Secretary Ridge to Welcome Back Coast Guard Forces
Department of Homeland Security Secretary Tom Ridge will welcome back Coast Guard Patrol Forces Mediterranean in a ceremony at Nauticus in Norfolk on June 11 at 3 p.m.
River Dee Shiprepairers Awarded Contract
Aberdeen’s River Dee Shiprepairers, part of the A&P Group, has won a second drydocking contract from BP Oil following the successful completion of the scheduled repair to the 2…
People & Company News
Michael Carthew, President, Chevron Texaco Shipping and Dean Taylor, President and CEO, Tidewater Marine were elected to the ABS Board of Directors, by the ABS Council…
Frontline Sells Tankers to OMI
The Bermuda-based Frontline Ltd. from OMI at $5.70 over a six month period. average of $20,000 per day for one year from delivery. expected early in the third quarter.
Stolt Offsore Completes Deepwater Subsea to Subsea Installation
Stolt Offshore in Houston has successfully completed a deepwater subsea to subsea installation, including one flowline and one umbilical, for Shell’s single well Einset project in the Gulf of Mexico…