Ferry Being Used for Research
According to reports, a ferry that travels several times daily between Woods Hole and Martha's Vineyard is now doubling as a research vessel that measures water…
Excel Maritime Enters Charter for M/V Forteza
Excel Maritime Carriers Ltd., announced that it has chartered M/V Forteza for a period of about 12/14 months at US $28,000 per day to a first class European charterer.
Marine Electronics Company Navico Emerges
Today, a company to be known in the development, production, marketing and sales of marine electronics comes to life, under the name of Navico. The launch of Navico…
Teekay Shipping Buys Stake in Petrojarl
According to reports, Teekay Shipping Corp., said one of its subsidiaries bought a 40 percent stake in Norwegian oil services provider Petrojarl ASA. Financial terms were not disclosed.
MarAd Releases Annual Report
The Maritime Administration (MarAd) released its Annual Report for fiscal year 2005. The 68-page report addresses activities of the Ready Reserve Force (RRF), the Maritime Security Program (MSP)…
USCG – Tropical Storm Ernesto Update
The US Coast Guard stated that the ports of Wilmington and Morehead City have been closed due to the approach of Tropical Storm Ernesto. It also said that cargo…
MAN Diesel Becomes a European Company
The conversion of MAN B&W Diesel AG into a European Company (Societas Europaea, or SE for short) has been successfully concluded. At the same time the company will change its name into MAN Diesel SE…
Northrop Grumman Awarded $95.8m Navy Contract
the detail design of the U.S. Navy's 21st century DDG 1000 destroyer. information that will be used in support of the design. more than $300 million through 2013.
Shipowners Balk at Double-hull Tankers Cost
According to Inq7.net, Philippine’s shipowners are asking for more time to replace their single-hull tankers with double-hull vessels because the capital and maintenance…
Port Fined for Security Breaches
The Coast Guard recently slapped the Port of Beaumont with $16,000 in fines for three incidents of security breaches. All three incidents, considered violations…
Blackwater to Create New Maritime Subsidiary
Blackwater unveiled its plans to create a new subsidiary, Blackwater Maritime Security Solutions. Blackwater Maritime Security Solutions (BMSS), in a strategic partnership…
$45M Oil Well Contract for Trinidad
Rowan Companies announced a $45m contract to drill four offshore oil wells in Trinidad and Tobago. The Rowan Gorilla III will soon relocate to Trinidad to begin a one-year term contract.
Analysis: Looming Disaster in the Gulf
Even as Ernesto was downgraded into a tropical depression, U.S. energy security may still be at risk in the Gulf of Mexico, UPI reported. At stake this hurricane…
EU, Norway Eye Arctic Oil, Gas Deposits
EU and Norway’s energy officials met in Brussels on August 30 to examine ways of strengthening a bilateral energy dialogue launched in 2002. Short-term issues include…
Daewoo Shipbuilding Gets Offshore Plant Order-2
Daewoo Shipbuilding received an offshore plant order, with the contract awarded on a turnkey basis, meaning Daewoo will not only build, but also operate the platform.
CSBC Introduces New Measure to Up Operating Capacity
To elevate operational competitiveness, the state-run China Shipbuilding Corporation (CSBC) has recently worked out short-, medium- and long-term plans expected to help raise operational capacity.
Rowan Obtains Drilling Contracts in Saudi Arabia
Rowan Companies, Inc. was awarded term drilling contracts by the Saudi Arabian Oil Company (Saudi ARAMCO) for two Tarzan Class jack-up drilling rigs to begin operating offshore Saudi Arabia in 2007.
MLL Aligns Management Structure
Maersk Line, Limited (MLL) has announced a realignment of its Senior Management Team structure to serve clients and grow its position in target markets. William J.
McMurdo EPIRB Gains Type Approval
McMurdo gained Type Approval for the new Smartfind EPIRB (Emergency Position Indicating Radio Beacon). The Smartfind range of EPIRBs were designed with both a non…
MAN Diesel Officially a European Company
The conversion of MAN B&W Diesel AG into a European Company (Societas Europaea, or SE for short) was concluded on August 31. At the same time the company will change its name into MAN Diesel SE…
