Carnival 2Q Reflects Fuel Costs
According to reports, higher fuel costs and the Caribbean cruise market combined to reduce second-quarter profit 2 percent at Carnival Corp. Net income for the quarter ended May 31 was $380 million…
Man Charged in Vessel Scuttling
fishing area. United States Attorney Michael J. Sullivan; Michael E. Agent in Charge of the Northeast Region of the U.S. Investigative Service, announced that Thomas W.
STX Wins $183 Tanker Order
Reuters reported that South Korea's STX Shipbuilding Co. has won a $183.3m order from Malaysia to build four product carriers. Source: Reuters
Coast Guard and Fire Department Respond to Boat Fire
Six people were pulled from a burning boat in the vicinty of the mouth of the York River, Va. when the 52-ft. Hatteras they were on caught fire. Coast Guard Sector…
President Bush to Deliver MMA Commencement Speech
President George W. Bush will deliver the keynote address at commencement exercises on June 19 for the 202 members of the U.S. Merchant Marine Academy’s class of 2006.
Marine Products Exec Pleads Guilty
According to the U.S. Department of Justice, the president of a California marine products company was charged with conspiring to rig bids and allocate customers…
Omega Navigation Takes Delivery of Tanker
Omega Navigation Enterprises, Inc. (has taken delivery of its second Panamax (LR1) double hull product tanker, the Everhard Schulte, to be renamed the Omega King.
MC Shipping Acquires Tanker
MC Shipping Inc. has taken further steps to focus on the liquefied petroleum gas (LPG) shipping sector with an agreement to acquire a liquefied petroleum gas (LPG) tanker from the A.P.
Northrop Grumman Awarded Contract Modification
The U.S. ship. construction. ship survivability, warfare, machinery and aviation. requirements leading to the detail design development. funding will be utilized for the long-lead material.
Port of Memphis Exercises Security Plans
The Coast Guard, partnered with federal, state and local law enforcement agencies as well as many of the key port players, exercised risk management strategies aimed…
Defense Department Presents Engineering Awards
Under Secretary of Defense for Acquisition, Technology, and Logistics Kenneth Krieg presented the annual Department of Defense Value Engineering Achievement Awards…
Statoil to Increase Production
Accordint to AP Statoil ASA will increase efforts to produce more oil in Norway's home waters, even as it expands exploration. Statoil is the key petroleum producer on Norway's offshore oil fields…
SBM Offshore to Employ Aspen Applications
Aspen Technology, Inc. announced that SBM Offshore has signed a multi-year license agreement to expand its use of AspenTech's engineering solutions. The new agreement…
Aker Kvaerner Gets Drilling Equipment Contract for Samsung
Samsung Heavy Industries Co. Ltd. in Korea has awarded Aker Kvaerner a contract for delivery of a new drilling rig to Eastern Drilling's West E-Drill project.
Navy Completing Revisions to Foreign Area Officer Program
The Department of the Navy is in the final stages of completing revisions to its Foreign Area Officer (FAO) Program, a program mandated by the Defense Department last April. Rear Adm.
Cargo Ship Hull For Rensen To Be Built
Nizhegorodsky Teplokhod Shipyard incorporated into the Sea and Gas projects signed a contract with the Rensen Shipbuilding B.V. for the construction of the fourth…
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…