Matson Draws $70m from Credit Line
Matson Navigation Co. Inc. says it has drawn $70m under a $105m revolving credit facility in connection with its latest containership purchase. The 10-year seniorā¦
Coast Guard Urges Mariners to Monitor Tropical Storm
Coast Guard personnel along the mid-Atlantic coast are strongly urging all mariners to closely monitor Tropical Storm Beryl as it is expected to make its way north over the next few days.
IMO Issues Statement on Situation in Eastern Mediterranean
The IMO issued a satement expressing concern for the safe evacuation by sea of persons affected by the escalation of hostilities in the eastern Mediterranean andā¦
Aker Kvaerner Partnership Wins LNG Contract
Aker Kvaerner in joint venture (50/50) with Ishikawajima-Harima Heavy Industries (IHI) was awarded a contract for the engineering, procurement and construction ofā¦
Cruise Ship Lists, Passengers Injured
The Crown Princess, Princess Cruisesā 947-ft. vessel that was launched in June, listed heavily yesterday after leaving Port Canaveral, injuring several passengers.
Iwo Jima ESG to Assist in Evacuation Efforts
U.S. Navy photo by Lithographer Shanika L. U.S. Sailors and Marines from the Iwo Jima Expeditionary Strike Group (ESG) and the 24th Marine Expeditionary Unit (MEU)ā¦
Celebrity Cruises Orders Third Solstice Ship
Celebrity Cruises announced that it has ordered a third 118,000 gross-registered-ton Solstice-class ship. German shipbuilder Meyer Werft will build the new tonnageā¦
Ship Island Excursions to Sell Ferry
The Sun Herald has reported that Ship Island Excursions, a Gulfport harbor-based passenger ferry service, announced that it would sell one of its three ships because of a dramatic falloff in business.
NOAA Launches New Marine Science Portal
View of the USS Monitor wreck, which sank on Dec. 31, 1862, and now teams with marine life. NOAA and Immersion Presents launched oceanslive.org, a marine scienceā¦
Solar-Powered Ferry offers Debuts in London
In a story reported by CNN, Britain's biggest solar-powered boat debuted Tuesday on a lake in London's Hyde Park. The Serpentine SolarShuttle -- powered entirelyā¦
U.S. and British Navies Aid Evacuation Efforts
The International Tribune has reported that a five-ship United States naval group and a British flotilla were en route to Lebanon today to aid in evacuation efforts.
Cutter Crew Welcomes New Commanding Officer
The Coast Guard Cutter Shamal is scheduled to hold a formal change of command ceremony at Naval Station Pascagoula. Lt. Cmdr. Lee Petty will relieve Lt. Cmdr. Joeā¦
Petrojack Sells Two Rigs
Petrojack ASA has sold two of its jackup rigs under construction at Jurong Shipyard in Singapore, the PetroJack I and PetroJack III at a combined price of $420m to A.P. Møller-Maersk.
Privatization of Izar Nears Completion
The privatization of the shipbuilding company IZAR will come to an end on Tuesday when the state-owned holding company Sociedad Estatal de Participaciones Industrialesā¦
Northrop Grumman Wins U.K.'s Maritime Surveillance Study
Northrop Grumman Corporation has been awarded a contract to perform a study for the United Kingdom's Maritime Airborne Surveillance and Control (MASC) program. Thisā¦
Aker Kvaerner Gets Contract
Aker Kvaerner has signed a contract with MPF Corp Ltd. for delivery of drilling equipment to the Multi Purpose Floater (MPF) drillship. The drilling package is designed for world wideā¦
J. Ray McDermott Awarded Contract
According to reports, J. Ray McDermott Eastern Hemisphere Ltd. (J. Ray), a subsidiary of J. Ray McDermott, S.A., was awarded a contract by ExxonMobil Middle East Gas Marketing Ltd.
Cruise Ship to Be Used to Evacuate Americans From Lebanon
A small cruise ship, the Orient Queen, has been chartered by the U.S. government to evacuate Americans from war-torn Lebanon and ferry them about 130 miles to the nearby island of Cyprusā¦
Bangladesh Coast Guard, Navy Launch Anti-Piracy Operations
According to reports, Bangladesh has launched joint operations of the Coast Guard and Navy to capture pirates in the Bay of Bengal in the wake of increasing criminal activity by sea robbers.
GlobalSantaFe June SCORE Up 1.8 Percent
GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for June 2006 was up 1.8 percent from the previous month's SCORE.
