Containers Lost Overboard in Storm
Styrofoam packing material began washing ashore on the beaches of the North Carolina Outer Banks Wednesday afternoon as a result of a container ship encountering severe weather off the coast.
Excel Maritime to Sell Bulk Carrier
Japan, to an affiliated company for $15.85 million net of commissions. the buyer the week commencing May 7, 2007. book gain of approximately $6.2 million from this sale.
NOAA- Puget Sound Steelhead
The National Oceanic and Atmospheric Administration (NOAA) issued its final determination finding that the Puget Sound steelhead is a threatened species under the Endangered Species Act.
DHS Awards $445m in Grants
The U.S. Department of Homeland Security (DHS) announced final awards totaling $445m in grant programs that strengthen the ability of ports, transit, and intercity bus systems to prevent…
Costa Serena to be Christened May 19
Costa Crociere’s new flagship will be christened on May 19 in Marseilles. The ship’s godmother will be actress Marion Cotillard, while the master of ceremonies will be Gerard Holtz…
Linde Group to Supply Reliquefaction Equipment for New Fleet of LNG Carriers
Cryostar has won an order from Samsung Heavy Industries totalling over $50m. As part of this order, Cryostar will supply on-board boil-off gas reliquefaction plants…
Aker Yards Launches Aker Yards Cabins, France
Aker Yards Cabins, France has been launched under the legal name of Aker Yards Cabins SAS. It is part of the cabins business within Aker Yards, Cruise & Ferries…
Dryships Announces Charters For Two Vessels
Its 1996 built 73,008 dwt Panamax bulk carrier M/V Lanzarote has been placed on time charter for a period of between five and seven months at a daily rate of $43,750, commencing on April 30, 2007.
Star Maritime Receives Audit Report
Star Maritime Acquisition Corp. announced that it received an audit report, which is included in the company’s Annual Report on Form 10-K for the fiscal year ended December 31…
Panama Canal CEO Inducted into Maritime Hall of Fame
Alberto Alemán Zubieta was honored at the 14th Annual International Maritime Hall of Fame awards, held at the United Nations in New York City. Alemán joins the…
Bourbon Q1 Revenues Up 18%
Bourbon said revenues in the first quarter of 2007 totaled $270m, up 18.1 pct percent over 25.7 percent at constant exchange rates.
Aker Kvaerner Wins Subsea Contract
Aker Kvaerner signed a letter of intent with Aker Floating Production in January 2007 and has now signed the final contract to deliver a complete subsea production…
Vietnam Shipbuilding Group Closes Llargest Bond Issue
The Vietnam Shipbuilding Industry Group (Vinashin) on May 7 announced it had successfully closed the largest ever corporate bonds issue by a Vietnamese company with a landmark 10-year…
Agencies Reach Accord on Managing Long Island Sound Dredged Materials
Six government agencies tasked with regulating dredging activities in Long Island Sound have reached accord on a process to support the goal of reducing or eliminating…
Schlumberger Acquires Geomechanics Firm
Schlumberger acquired V.I.P.S., a U.K.-based reservoir geomechanics software and consulting company. The company’s office in Bracknell, UK, now becomes the Schlumberger…
Wärtsilä Opens Service Workshop in Vietnam
Inauguration of the new Wärtsilä workshop in Ho Chi Minh City, Vietnam. Mr Clas-Eirik Strand, Chairman of the board of Wärtsilä Vietnam, cuts the ribbon. Wärtsilä Corporation opened a new…
Syria Launches Tenders
Syria's oil minister announced the launch of tenders for oil and gas exploration in four blocs off the country's coast, state news agency Sana reported, AFX reported.
Bottinger Honored as Maritime Elected Official of the Year
Port of Tacoma’s Commissioner, Ted Bottiger, is this year’s Seattle Propeller Club’s Elected Official of the Year Award recipient. The honor, bestowed annually…
Seadrill Orders Semi-Submersible Rig Ordered from Jurong
Seadrill has entered into a contract to build another ultra-deepwater semi-submersible drilling rig at the Jurong Shipyard in Singapore. The turnkey contract has…
Willard Assumes Command of U.S. Pacific Fleet
Adm. Robert F. Willard, former Vice Chief of Naval Operations, salutes as he’s piped through the sideboys during a change of command ceremony for Commander, U.S.