Latest News

ZF Marine Named Supplier of the Year
May 9 2008 9:42AM
ZF Marine has been chosen as one of Mercury Marine’s suppliers of the year. Each year Mercury Marine evaluates over 1,500 suppliers, and selects only 12 to receive this award.  AJ Halavacs, Pleasure Craft Segment Manager, and John Shea, Account Manager, both from ZF Marine were on hand to receive the award from Mercury Marine...


First of Five ATBs Nearing Completion at Penn Maritime
May 9 2008 9:36AM
With delays in getting parts for the assembly there was a hold up in the delivery of the first of Penn Maritime’s new tugs from Thoma-Sea Boatbuilders. Now the first of five, M/V Skipjack, is nearing completion and will deliver in May. In a near assembly-line production process the second vessel,...


Bourbon Q1 Sales Increase
May 9 2008 8:58AM
Bourbon SA said sales jumped 21.4 percent to 211.7 million euros in the first quarter from 174.4 million a year ago, equal to 34.5 percent growth at constant exchange rates, spurred by sharp increases at both its main divisions, offshore and bulk.In the offshore business, sales climbed 23.4 percent to 136...


TEN to Announce First Quarter Results
May 9 2008 7:53AM
Tsakos Energy Navigation Ltd. (TEN) will report earnings for the first quarter of 2008 prior to the open of the market on Wednesday, May 21, 2008.That same morning, at 10:00 a.m. Eastern Time, TEN will also host a conference call to review the results as well as management's outlook for the business...


Keppel Clinches Contracts
May 9 2008 7:50AM
Keppel Offshore & Marine Limited (Keppel O&M), through its wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine), has secured two contracts worth $153.4m. The first contract was awarded by a repeat customer, Global Offshore International Ltd (Global Offshore), for a derrick pipelay vessel...


Kongsberg Supplies Custody Transfer System for LNG Carrier
May 9 2008 7:39AM
Dapeng Sun, the first LNG carrier to be built in China was delivered to its owner in Shanghai at the beginning of April 2008, with Kongsberg Maritime's K-Gauge Custody Transfer System (CTS) onboard. The vessel, which has a capacity of 147,000 cubic meters or 70,000 tons, will partly replace foreign flagged...


Cruise Ship Docks Safely After Crack in Hull
May 9 2008 7:34AM
A Greek cruise ship carrying more than 1,200 passengers and crew docked safely at the Aegean island of Milos after discovering a large crack in its hull, Reuters reported.  The crack, which is above sea level was discovered after the Aquamarine cruise ship left the island of Crete for a tour of...


FAST Program Achieves Successful Critical Design Review
May 9 2008 7:29AM
Atlas Elektronik UK, with its Atlas-QED consortium partners ITT Corporation (formerly EDO Corporation) and QinetiQ, has achieved a successful Critical Design Review of a mine counter measures (MCM) flexible agile sweeping technology (FAST) technology readiness demonstrator (TRD), in line with the main program schedule...


CARB Discontinues Diesel Engine Enforcement
May 9 2008 7:22AM
 The California Air Resources Board (CARB) issued a notice stating that it will discontinue enforcement of the Ocean-Going Vessel Auxiliary Diesel Engine Regulation.  This action has been taken (somewhat belatedly) after the US Court of Appeals for the Ninth Circuit declined to rehear its earlier...


Austal Awarded FCL by DoD
May 9 2008 7:08AM
 Austal USA has been awarded a facility clearance (FCL) by the US Department of Defense. The achievement elevates Austal USA to a new level of US defense supplier, allowing the shipyard to Prime for future classified US Government shipbuilding projects.  The clearance was awarded after Austal...


Intergraph Korea Acquires TechServer
May 8 2008 5:01PM
Intergraph Korea Ltd. has acquired all the shares of TechServer Corp., a Seoul-based software and services company specializing in automated drafting, data exchange and system integration in the shipbuilding, process, power and offshore industries. The acquisition will complement and enhance Intergraph’s...


MSC Ships Complete at-Sea Offload
May 8 2008 4:56PM
Two Military Sealift Command ships completed the at-sea offload of more than 350 pieces of equipment and supplies belonging to the 3rd Marine Expeditionary Force today in Thailand. The cargo, including wheeled and tracked vehicles, ammunition and supplies, will be used in Cobra Gold – an annual...


USNS Kanawha Helps Rescue Crew
May 8 2008 4:54PM
Military Sealift Command fleet replenishment oiler USNS Kanawha assisted the crew of a ship in distress in the Gulf of Aden, May 4.Dunia, a 15-meter dhow with a crew of 10, experienced a serious engine problem, leaving it unable to operate at sea. Kanawha, which was nearby, responded.Kanawha engineers...


Omega Revises the Record Date of its First Quarter
May 8 2008 4:54PM
Omega Navigation Enterprises, Inc. announced  that due to a Singapore public holiday on May 19, 2008 the Company is changing the record date pertaining to its first quarter dividend of $0.50 per share to May 20th, 2008. The Company previously announced that its Board of Directors declared a quarterly...


HMS Bounty Travels Through Panama Canal
May 8 2008 4:53PM
The H.M.S Bounty transited the Panama Canal through the Pedro Miguel and Miraflores Locks as part of a world wind promotional tour celebrating the ship’s historic significance. Crossing Canal waters for the first time since the 1990’s, the Bounty left St. Petersburg, FL on April 6, and is scheduled to visit the U...



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