Henry Named VP at SEA
Matthew G. Henry (SES-6) has been named as Executive Vice President, corporate development and corporate officer to oversee the Defense and IT Services Group at…
General Maritime to Acquire Tankers
General Maritime Corporation has agreed to acquire 19 tankers, including 14 Suezmax and 5 Aframax vessels from Metrostar Management Corporation, a Greek tanker operator.
Manitowoc Makes the List
The Manitowoc Company, Inc. has been chosen as one of the Best Big Companies in America according to Forbes Magazine's 2003 Platinum 400 list. The Forbes Platinum…
ENSCO Reports 4Q Results
ENSCO International Incorporated reported a net loss of $10.7 million ($0.07 per diluted share) on revenues of $206.8 million for the three months ended December 31…
MSC Ships Depart as Another Arrives
The two Military Sealift Command (MSC) ships that were moored at the North Carolina State Port here are now on their way to an undisclosed location. In their place…
Sperry Marine to Supply Fin Stabilizers for Ferries
Northrop Grumman Corporation's Sperry Marine business unit has been awarded a contract to supply fin stabilizers for two new vehicle/passenger ferries being built in Spain.
Celebrity Cancels Two Cruises
Celebrity Cruises is canceling two cruises on Infinity to replace ball-bearing units in the ship's propulsion system. The ship must enter drydock to replace the bearings…
CP Ships Announces $34M 4Q Profit
CP Ships Limited today announced unaudited fourth quarter 2002 operating income before exceptional items of US $34 million, unchanged from the third quarter and…
Guidance on Terrorism Risk Insurance Act
The U.S. Department of the Treasury has published in the Federal Register the interim guidance concerning certain conditions for Federal payment under the Terrorism Risk Insurance Act of 2002.
CG Commandant to Speak at Conference
More than 400 U.S. and Canadian government, commercial and environmental officials will meet for a two-day conference beginningWednesday, January 29 at the Sheraton Cleveland City Center.
IMO Issues Circular on AIS
The IMO issued a Safety of Navigation circular entitled Guidelines for the installation of a shipborne automatic identification system (AIS)
MARINE SECURITY:The New Faces of Security
The U.S. maritime world is rapidly changing direction as security becomes an ever larger and more important issue to the federal government. We have seen the Department of Homeland Security created…
NEWS:MARAD Approves Vessel Transfers
The U.S. Maritime Administration (MarAd) approved requests for transfer and sale of five U.S. vessels, including a tanker and a cable ship. • K-Sea Transportation LLC…
Tug Company to Pay Almost $1M for Seagrass Damage
Great Lakes Dredge and Dock Company of Oak Brook, Ill., will pay nearly $1 million for damages to seagrass and other resources in the Florida Keys National Marine Sanctuary…
NEWS:U.S.-Flag Carriage Down Again In 2002
U.S.-flag Great Lakes vessels hauled 101.3 million tons of cargo in 2002, a slight decrease compared to 2001. Even the one gain - 1.2 million tons of iron ore - is misleading.
NEWS:SeaRiver Exits Inland Operations
National Steel and Shipbuilding Company (NASSCO) reached an agreement with SeaRiver Maritime, Inc. to develop a contract design for a 750,000-barrel capacity, double-hull crude oil tanker.
NEWS:Island Packers Takes Second CAT
"We've pretty much kept everything the same," says Mark Connally of Island Packers in reference to the sister ship to their two-year-old catamaran Islander. The new boat…
NEWS:East Coast Scalloper from Gulf Coast Yard
January 7 is a special day on the calendar of Bass Harbor Maine fisherman Brett Mitchell. That is the day that he rode his new raised-foc'sle scalloper, the Bella Rose…
NEWS:The LCS: One Step Closer to Reality
Talk of "The New Navy" to some may seem like a pre-programmed mantra helplessly repeating itself to no avail. For those not yet convinced of the wholesale transformation of naval assets…
NEWS:Derecktor Tapped to Build Second 73M Ferry for AMHS
Derecktor's investment in a new construction facility in Bridgeport, Conn., has paid off with a prestigious contract to build two new high-spec ferries for the Alaska Marine Highway System.