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Global Marine SCORE Up 7.2%
Global Marine reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for April 2001 increased by 7.2 percent over the previous month's SCORE…
Cruise Industry Annual: Sick Ships, Project America and a Merger
2002 will surely not be counted as “a banner year” for many, if any, industries, particularly not for the leisure and travel niche. The cruise industry survived a tough year…
The Efficient Tugboat: The Efficient Tug
In many ports across the country, competition among tugboat operators is intense. The combined Port of Los Angeles and Long Beach is one such competitive environment for tug operators.
News: Barge/Refinery Explosion Shakes Staten Island, NY
The maritime industry makes local headlines when something goes wrong, but the headlines on February 21 went national. In a spectucular eruption of flame and smoke…
NIMA Issues Military Operations Advisory
The U.S. National Imagery and Mapping Agency (NIMA) issued a Special Advisory stating that coalition naval forces are conducting military operations in waters of the eastern Mediterranean Sea…
Profile:Doherty takes the Helm at Maritrans
For the past 75 years, Maritrans has maintained a high level of customer satisfaction due to its constant vigilance regarding safety and performance. In order to instill and maintain these efforts…
Damaged Tanker Impounded
An oil tanker that blew up in the Black Sea this month killing two crew was impounded by Romania on Tuesday after its Bulgarian owners failed to pay a rescue operation bill of almost $1 million.
As Gas Prices Fly Ever Higher, Why Do Energy Stocks Stay Grounded?
Energy shares drew little comfort Feb. 4 from rising oil prices lifted first by red hot heating oil, then gasoline soaring to nine-year highs. U.S. light crude for…
Ship Repair Yards Ask: Where's the Funding?
While much of the focus is trained on Naval new construction, the fact is that repair and maintenance on the existing U.S. Navy fleet has reached condition critical.Cutbacks…
Safety Charter Targets Old Tankers, Flags Of Convenience
A backlash against older tankers and flags of convenience, triggered by the December sinking of the Erika off the coast of France, achieved a tangible first step…
EU Force Has Serious Ship Shortage
The European Union's 60,000 strong rapid reaction force due to be operational from 2003 lacks ships and aircraft and may not be ready to carry out its designated tasks until 2010, Reuters reported.
Look Out Ice, Bombs Away!
Russian warplanes bombed an 80-km (50 mile) wide river ice floe on Thursday in an attempt to unblock a build-up of meltwater which has forced thousands of people from flooded homes in eastern Siberia…
BG Secures U.S. LNG Rights
Britain's BG Plc secured rights to deliver liquefied natural gas (LNG) through one of only two functioning import terminals serving booming U.S. energy markets.
Japan: Advanced procedures sustain industry in turbulent markets
Japan retains its perch atop the world commercial shipbuilding heap, although its position grows increasingly precarious with the continued emphasis on shipbuilding…
25 Lost In Ferry Mishap
Twenty-five people are feared dead after their boat sank off the east coast of Madagascar last week, including 18 players and officials from a local soccer club and two Frenchmen.
Clearing Danube of Bridge Debris A Priority
Clearing the Danube of bombed bridges and helping Serbia get through the winter are priorities for a Balkan stability pact, Bodo Hombach, the head of the European Union's reconstruction plan said…
Norway's Oil Firms Address Millennium Issues
Oil firms in the final stages of testing for possible millennium disturbances on Norway's offshore oil and gas platforms say they are confident there will no major mishaps at midnight on December 31.
Australian Family Uninjured In Pirate Attack
Pirates sprayed bullets into an Australian family yacht near the coast of Yemen and the holidaymakers were eventually rescued by a Saudi Arabian oil tanker, one of the victims said.
Quick Modification of Offshore Jack-Up Drilling Rigs
Bollinger Fourchon, LLC, a subsidiary of Bollinger Shipyards, demonstrated its ability to modify or repair offshore jack-up drilling rigs quickly and cost effectively…
Strategic Challenges LevelSeas for Top Spot In E-Brokering Arena
A new and formidable player emerged in shipping's e-broking sector this week to challenge the previously undisputed market leader LevelSeas, which is still more…