Aker Finnyards To Build $1.5 Million Fast Surface Combatant
Aker Finnyards and the Finnish Navy have agreed on a $1.5 million contract for the construction of another Hamina-Class Fast Surface Combatant. The vessel, which will be delivered in April 2003ā¦
Austal USA Secures Candies Vessel Duo
Austal Ltd. has reported that its U.S. operation, Austal USA, has secured a two vessel order for the construction of 150 ft. (45.7 m) aluminum crew supply vessels to operate in the Gulf of Mexico.
NY/NJ OKs $4.6B Budget
The Port Authority of New York and New Jersey approved a $4.6 billion 2001 budget, which includes more than $2 billion in capital spending, a record amount for the bi-state agency.
Clean Tanker Rates Tank
Rates for clean tankers in the Caribbean have dropped by nearly a quarter in the last 10 days, falling below the W300 mark for the first time since last July. London'sā¦
Japanese Shipbuilders to Merge
Japanese shipbuilder Hitachi Zosen Corp and steelmaker NKK Corp. agreed to merge their shipbuilding operations into a single company on October 1, 2002. The moveā¦
Asian Panamax Rates Rebound
Asian Panamax freight rates for dry bulk cargo bounced back this week and shipping agents said a recovery would become more evident with the start of South American export seasons in March.
Navy Hearing Pushed To March 5
The U.S. Navy bowed to a request from the captain of the Greeneville and set a March 5 hearing date for an official inquiry into the disaster in which the nuclearā¦
