General Maritime to Sell Tankers
General Maritime Corp said it would sell nine OBO Aframax tankers to Tanker Pacific for $247.5 million to fund its paying down of debt and other corporate purposes.
New Catamaran from Seascape Marine
Seascape Marine Builders, an affiliate of Seaforth Marine Group, both of Maple Ridge, has almost finished its 72-foot, jet-powered catamaran, titled appropriately…
House Panel Passes Gas Exploration Bill
A proposed state energy bill that supports oil and natural gas exploration off the Virginia coast was approved by a House subcommittee, lending more momentum to…
J. Ray McDermott Wins Two Contracts
McDermott Arabia Company Ltd. a subsidiary of J. Ray McDermott, S.A., has been awarded two turnkey contracts by Al-Khafji Joint Operations (KJO), to provide engineering…
S.F. Cruise Ship Industry Growing
San Francisco’s cruise ship industry is booming. After years of declining business, the dry dock’s return to financial health means blue-collar jobs growth, tourist spending by visiting crews…
CNO Delivers Plan to Congress
Chief of Naval Operations Adm. Mike Mullen submitted his long-range shipbuilding plan to Congress, designed to grow the fleet to about 313 ships – up from 281 today.
Chinese Govt. to Take Over Private Firms
The Chinese government will take over from private companies the pilot ships on certain waterways, Xihua reported. New pilot stations will be set up under local port authorities.
Exxon, Shell Lose Nigerian Field Access
Chevron Corp. and Exxon Mobil lost an auction for Nigeria's most promising oil and gas fields last year to companies controlled by South Korea. In Venezuela, Royal…
Indian Shipbuilders See Profits
Increased spending on offshore exploration & production (E&P) of oil and gas has increased order-book positions of Indian shipbuilders. ABG Shipyard has an order backlog of Rs 1…
LNG Terminal Proposal Debated
Since hurricanes Katrina and Rita slammed the Gulf Coast nearly five months ago, the region has lost more than 610 billion cubic feet of natural gas production.
Cruise Ship Breaks Free from Moorings
Coast Guard Lt. Ronald Fogan and Petty Officer 2nd Class Josh Hobson review the voyage data recorder of the cruise ship Ecstasy, while some of the ship’s officers look on.
Oil Spill Prevention Act of 2005 Introduced
Representative Inslee (D-WA) introduced the Oil Spill Prevention Act of 2005 (H.R. 4724) to establish requirements with respect to the transfer of oil to or from an onshore or offshore facility…
Hearing to Discuss NOAA Budget
On February 16, the Senate Committee on Commerce, Science and Transportation will conduct a hearing on the FY2007 budget for the National Oceanic and Atmospheric Administration (NOAA).
Hyundai Heavy to Import Chinese Steel Plates
According to reports, Hyundai Heavy Industries Co., Ltd., has signed a Memorandum of Understanding with Baoshan Iron & Steel Co., Ltd. to import wide and heavy plates for shipbuilding.
Aker Yards to Build PSV
Aker Yards has confirmed an optional agreement with Siem Offshore Inc for the building of two Platform Supply Vessels. The value of the contract is approximately NOK 275 million.
Tank Barge Damages Marina in Port of Memphis
On Saturday night the Coast Guard Command Center in Memphis was notified by the towing vessel A. DEAN HEASLEY that one of the two barges they were towing had struck the Riverside Park Marina.
New Zealand's New Navy Vessel Ready for SeaTrials
The first vessel in the New Zealand government's $500 million navy upgrade has come off its slipway in a Dutch shipbuilding yard. It will be used to carry troops and cargo…
West Asia Maritime to Get Cargo Vessel
According to reports, Chennai-based shipping company West Asia Maritime Limited has signed an MOU with Japanese shipbuilding major Mitsui for constructing a huge cargo vessel on contract for 12 years…
Xtreme Gets $1M Order From Wayton Marine
Xtreme Companies, Inc. announced the receipt of a $1 million order from Texas-based Wayton Marine International. The purchase order is for 10 Challenger Z-Series boats.
UltraStrip Signs Agreement with BAE Systems
UltraStrip Systems, Inc. services. removal services to the shipyard's customers, including U.S. tankers, cruise ships, bulk carriers, and container ships. Repair…