USCG Investigates Liftboat Sinking
The U.S. Coast Guard issued a Press Release stating that it is investigating the capsize and sinking of the liftboat LAUREN in the Gulf of Mexico south of Port Fourchon, Louisiana.
GE Aeroderivative Marine Gas Turbines Log more than 320,000 Service Hours
GE announced that its fleet of 25 aeroderivative marine gas turbines has accumulated more than 320,000 hours operating aboard 16 cruise ships. GE remains the only…
Michael Jackson sworn in – James Loy retires
The Department of Homeland Security issued a Press Release stating that Michael P. Jackson was sworn in as Deputy Secretary. The press release fails to note that he replaced James Loy…
Tidewater Sells Six Vessels
Tidewater has entered into a Letter of Intent to sell up to six of its KMAR 404 class of Anchor Handling Towing Supply vessels. The sale price, if all six vessels are ultimately sold…
Todd Pacific Wins $19.4M Contract
(N00024-04-C-4152) to exercise an option to support performance of maintenance, repairs and alterations scheduled for the Docked Planned Incremental Availability (DPIA) of the USS John C.
AIDAaura Is High and Dry
AIDAaura, the youngest ship in the AIDA fleet, is going into drydock from 18 to 26 April in the Mariotti shipyard in Genoa. The reason for the stay is the scheduled servicing and maintenance work.
Bulbous Bow Delivered in Genoa
The bulbous bow of Costa Crociere's new flagship Costa Concordia, due to enter into service by the end of spring in 2006, has been delivered today to Fincantieri's Genoa Sestri Ponente shipyard.
Port of Houston- Fuel surcharge Increase
Effective March 17, 2005 local barge companies in the port of Houston will increase their fuel surcharge to 20% of all bunker delivery freight charges. Harbor fees…
Mercy Ships Arrives In War-Torn Liberia
The Mercy Ship Anastasis has arrived in Monrovia, Liberia for her first ever visit to the war torn West African nation. At the urging of United Nations officials…
New Ciserv Company to Serve Baltic
Wärtsilä Corporation and the BLRT Grupp of Estonia have agreed to set up a joint venture to service ships in the Baltic area. The new company will be named Oü Ciserv…
Höegh Realigns
After posting strong results for 2004, Leif Höegh & Co. Limited announced today that the company has completed the final phase of its corporate re-alignment by merging…
New Shipping Risk Management Course
The Baltic Exchange and the Centre for Shipping, Trade & Finance at London’s Cass Business School unveiled plans today (10 March) to deliver a series of executive…
Sembcorp Wins $121M Rig Deal
Pacific Class 375 Deep Drilling Offshore Jack Up Rig. Offshore ASA in May 2004 and which the later has now decided to exercise. contract takes effect in June 2005.
Exmar Signs for Two Large Gas Carriers
EXMAR has signed a newbuilding contract for 2 Very Large Gas Carriers at Daewoo Shipbuilding and Marine Engineering Co. of South Korea. The newbuildings will have a capacity of 84…
OSI Buys Mapcon Mapping Consultants
Offshore Systems International Ltd. Consultants Inc. of Salt Lake City, Utah. with a solid position in the U.S. data production) market. US$50,000 in common shares of OSI at market price.
Personal Injury Limitation
The U.S. Court of Appeals for the Eleventh Circuit ruled that letters from an injured diver to his employer referencing claims under the Jones Act and for unseaworthiness…
Bill Re Marine Scholarships
Representative Inslee (D-WA) introduced a bill (H.R. 1191) to establish a National Marine Scholarship Program to recruit and prepare graduate students for careers in the fields of marine science…
Diana Shipping joins IPO Shipping Fleet
Diana Shipping on Tuesday filed to sell 12.375 million shares at $15-$17 each in a bid to raise up to $210 million in its initial public offering. It's the latest…
Shipping Pool Agreements Could be Illegal
office of law firm Wikborg Rein. in 2005 or 2006 making some existing pool agreements illegal. create market dominance and increase barriers to entry. jurisdictions this already makes them illegal…
Aker Yards to build Container Vessels for F. Laeisz
Aker Ostsee in Germany, a part of Aker Yards, has been awarded contracts to build two container vessels of the type Aker CS 2700 for Reederei F. Laeisz GmbH in Rostock (Germany).