L-3 Closes Purchase of Nautronix
L-3 Communications Holdings Inc. has completed its purchase of Nautronix Defense Group, the mine and anti-submarine weapons systems maker, for $65m in cash plus a possible $6m more…
LNG Execs Meet
Reuters has reported that four international exporters of liquefied natural gas met with U.S. utility and industry executives to discuss future supply. Government officials from Nigeria…
Canadian Navy Adm. Hopes New Ships to be Built in Canada
CBC News has reported that the Canadian navy's top admiral in the Atlantic region hopes that new supply ships the government is planning to buy will be built in the country.
MarAd Announces More Disposal Contracts
The U.S. Maritime Administration (MarAd) has signed contracts for the disposal of four ships from the Suisun Bay Reserve Fleet at Benicia, CA, bringing to nine the…
Aker Kvaerner Awarded Subsea Booster
Statoil has signed a letter of intent with Aker Kvaerner to deliver a subsea seawater injection system for the Tyrihans project in the Norwegian Sea. The new generation…
Active Fuel Spill Cleanup Completed
Active cleanup operations for a fuel spill in Cape May, have been completed. The Coast Guard, the New Jersey Department of Environmental Protection (NJDEP) and the…
Engine Installation Completed for Hawaii Superferry
On April 3, 2006, at Austal’s Mobile, Alabama shipyard, the installation began on the first of four MTU 8000 Series engines; the largest yet to be installed on any of Austal’s ferries in the U.S.
General Dynamics to Christen the Submarine
will christen Hawaii (SSN-776), the U.S. June 17. Gov. Linda Lingle, of Hawaii, is the ship's sponsor. principal speaker is U.S. Sen. Daniel K. the Medal of Honor. Cmdr. David A.
Keppel Secures Rig Order
Keppel FELS Ltd (Keppel FELS) has secured its fourth order from India for a KFELS B Class jackup rig. Valued at US$182 million, this rig is for the Great Eastern Shipping Co. Ltd. Group (G.E.
Foss Maritime Honored
Captain Sam Nelson and crew of the Foss Maritime Company tugboat Justine Foss received the Lifesaving Award from the Seamen's Church Institute at their annual Silver Bell Dinner on June 1 in New York.
Exmar Sells to Kosan
Exmar confirms that it has sold four times 50 percent of its Lady Class vessels (3500m3) to its partner and co-owner Kosan. results in a profit of about $10m and a net cash proceeds of $15m.
Cosco Endorses Panama Canal Expansion
Captain Wei Jiafu, President and CEO of China Ocean Shipping Company (COSCO), recently endorsed the potential Panama Canal expansion, citing that a more modern,…
HMS Clyde to Launch OPVH
The first complete ship to be built at a major British naval base for nearly 40 years is due to be launched. The offshore patrol vessel (OPVH) HMS Clyde will be…
Bush Admin. Urges Oil Lease Renegotiation
Bloomberg has reported that the Bush administration wants Marathon Oil Corp., Kerr-McGee Corp. and 54 other oil and gas producers to renegotiate Gulf of Mexico drilling…
USCG Cutter Makes Port Call to China
The Honolulu-based U.S. Coast Guard cutter Rush arrived in east China's coastal city of Qingdao on Sunday afternoon, kicking off a five-day visit at the invitation…