Ferry Receives Warning
The BBC reported that a passenger ferry on the River Clyde was caught up in an international war exercise. Operation Neptune Warrior, a training exercise for Nato warships…
Arlington Tankers Announces Unaudited 3Q Results
Arlington Tankers Ltd. announced unaudited financial results for the third quarter ended September 30, 2006. For the quarter ended September 30, 2006, the company's total revenues were $17.6 million…
Ocean Tankers covers IPO, asks for extension
The Financial Mirror has reported that Ocean Tankers Holdings Pcl has covered its initial public offering but has requested an extension until November 8 in order…
50-Year Deal Planned for Cruise Ship Terminal
Reports said that successful bidder for the two-berth cruise terminal at the old Kai Tak airport site in Hong Kong will have the right to operate the terminal and…
J.M. Martinac Sues Ferry System
According to reports, a Tacoma shipbuilder sued Washington State Ferries, claiming the state tried to "obstruct, frustrate and otherwise delay" the process of acquiring…
Report Warns of Attacks on Cruise Ships, Ferry Boats
Limiting maritime security to screening cargo arriving at U.S. seaports is a dangerous mistake, according to a new RAND Corporation report, which suggests that cruise…
Lawrence Graham Warns on Fuel Disputes
London law firm Lawrence Graham LLP says owners and charterers should beware a rash of disputes caused by the recent high bunker prices. Writing in the October issue of Lawrence Graham’s newsletter…
Lifeboat Repairs Shut Down Statoil Oil Fields
Statoil said it aims to restart 200,000 barrels per day of offshore oil production early this week after lifeboat repairs, according to an AP report in the International Herald Tribune.
Germanischer Lloyd Appoints New RM in Malaysia
The new Regional Manager for the Industrial Services of Germanischer Lloyd in East Asia is Bruno Solinas. His primary mission will be to intensify the sustained…
Furuno Awarded with NMEA Honors
Furuno was honored with three awards at the prestigious 2006 National Marine Electronics Association (NMEA) Convention in Naples, FL. This was the 35th anniversary of the NMEA awards.
Live-Fire Training Discussed at Coast Guard Hearing
At a U. S. Coast Guard meeting regarding proposed live-fire training on the Great Lakes, environmental leaders expressed were worried that machine gun training will…
Unified Command Ends Cleanup of NY Spill
The unified command responding to the spill of approximately 800 gallons of oil in Riverhead, N.Y., Oct. 14, including the Coast Guard, New York State Department…
Aries Maritime Provides Update on its Fleet Deployment
deployment. repairs and upgrades, as previously announced. in the spot market, while period charter opportunities are explored. cost of repairs is expected to total approximately $1.4m.
Turkey's Shipbuilding Industry on the Rise
According to reports, projects implemented by the Turkish Ministry of Transport in the last four years to increase shipyard capacity and efficiency have started to bear fruit.
GAO Report: Some Cutters in Declining Condition
The Government Accountability Office (GAO) issued a report stating that some Coast Guard cutters engaged in aids-to-navigation and domestic icebreaking are in declining condition.
Seohae Selects SupplierLink from MTS
electronic transactions with their customers. on the supplier side of the marine market. to marine e-business solutions. marine supply chain is what will provide value long term.
Washington State Shipowner Fined for Spill
The Washington State Department of Ecology assessed a fine of $13,000 against the owner of a ship that accidentally discharged 50 gallons of waste oil into the Columbia River.
Harley Marine was Pivotal Private Equity Speaker at Marine Money
Harley Franco, Founder and Chairman of Pacific Coast operator Harley Marine Services, Inc., was a pivotal private equity speaker at a recent Marine Money conference held in New York City. Mr.