Stolt Offshore Closes ROV Sale for $48M
Stolt Offshore S.A. said that, further to the announcement on December 3, 2003, it had closed the sale of its ROV drill support business to Oceaneering International, Inc. for $48 million.
The China Factor
In recent weeks, we have examined various aspects of Chinese shipping developments and we make no apology for reporting a recent New York conference at which China was again the key focus.
AAPA Backs IMO Ballast Water Decision
A landmark decision by the International Maritime Organization (IMO) for new regulations to curtail the spread of harmful aquatic species carried in shipsā ballastā¦
Human Factor is Key to Safety
Parliament's Temporary Committee on Safety at Sea was told that the EU's response to recent maritime disasters had missed the key point - the human factor. Eduardo Chagasā¦
ADEC Reports on Cruise Wastewater
The Alaska Department of Environmental Conservation (ADEC) released its Assessment of Cruise Ship and Ferry Wastewater Impacts in Alaska. The report indicates thatā¦
Charleston Amends Security Surcharge
The South Carolina Ports Authority (SCPA) amended its tariff for the Port of Charleston to add a Terminal Security Surcharge of $1.00 per lineal foot for ships andā¦
Companies Indicted for Ocean Dumping
Shashank Pendse, a citizen of India and Chief Engineer on the ship M/V Spring Drake; MMS Co., Ltd, a Japanese company that manages the ship; and Grus Line Shipping S.A.ā¦
Tank Vessel Construction Assistance Program Launched
The Maritime Administration (MARAD) is soliciting competitive proposals for construction in the United States of new product tank vessels necessary to meet commercialā¦
Stolt-Nielsen S.A. Sells 2 Million Shares in Stolt Offshore
Stolt-Nielsen S.A. sold two million shares of Stolt Offshore S.A. (SOSA). The shares were sold at the market price of 24 Norwegian Kroner per share (approximatelyā¦
Rolls-Royce Gas Turbine Get Certification
The Rolls-Royce MT30 marine gas turbine has completed a major development milestone, receiving certification from a leading verification agency. The gas turbineā¦