J. Ray McDermott Returns To New Orleans
Orleans, LA. The return to NOLA comes nearly ten months after Hurricane Katrina forced the evacuation of J. temporary offices in Amelia, Louisiana and Houston, Texas. (formerly the Amoco Building).
Breauxās Bay Builds on Tradition
This coming September, Offshore Oil Services of Freeport Texas will add the eighth boat to their distinctively white-hulled fleet of crew boats when they take deliverā¦
GlobalSantaFe SCORE Climbs
Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, forā¦
Asian Agreement Thwarting Piracy to Take Effect
A landmark regional cooperation pact against marine piracy in Asia is set to take effect in early September. Singapore's foreign affairs ministry says 11 countriesā¦
South Korea's Shipyards May Raise Prices
Bloomberg has reported that South Korea's seven shipbuilders, which delivered 38 percent of the world's vessels in 2005, said they may raise the prices of new shipsā¦
Second CARAT Phase Underway in Thailand
The Thailand phase of the exercise Cooperation Afloat Readiness and Training (CARAT) series officially began June 20 at the Royal Thai Navyās (RTN) Lam Tien Navalā¦
NAVCOM Defense Electronics Awarded Contract
NAVCOM Defense Electronics, Inc., El Monte, Calif., is being awarded an $11.4m firm-fixed-price contract for URN-25 tactical air navigation systems and on-board and shore-based spares.
Husky Energy Makes New Oil Discovery
The Canadian Press has reported that Husky Energy Inc. has made a sizeable new hydrocarbon discovery in western section of its White Rose oilfield located off the shore of Newfoundland.
Hearing Conducted on USCG Authorizing Legislation
The Coast Guard and Maritime Transportation Subcommittee of the House Committee on Transportation and Infrastructure conducted a Hearing on Coast Guard authorizing legislation.
Tugboat Strikes Railroad Bridge
Foggy conditions are being blamed for a tugboat striking the concrete bridge abutments on the Poughkeepsie Railroad Bridge. The Tuesday morning incident occurredā¦
Aker Yards Delivers Missile Boat
A missile boat in the Hamina class ā dubbed Pori and the last in the series of four built at Aker Yards, Rauma, was delivered to the Finnish Navy. The four vessels form the Navy s new "Squadron 2000".
OSG to Time Charter Product Carriers
Overseas Shipholding signed agreements with subsidiaries of Cido Tanker Holding to timecharter a pair of product/chemical carriers for 10 years. The 47,000 dwt shipsā¦
CMB Continues Fleet Rejuvenation
CMB confirmed that its subsidiary, Bocimar and Wah Kwong, have sold the panamax vessel Yasmine Venture (2006 - 73,546 dwt) - ordered in joint venture in 2003 from Jiangnan (China) - to Diana Shipping.
ZF Establishes Joint Venture in China
At the headquarters of ZF Friedrichshafen AG, the management of ZF and of Nanjing Highspeed & Accurate Gear (Group) Co. Ltd. (NGC) signed a contract to establish the ZF Nanjing Marine Propulsion Co.
Surcharge on Antifoulings as Copper Price Spikes
Following the announcement in February that unprecedented raw material costs had created a dramatic new cost base for the marine coatings market, the continued recordā¦
Jotun Announces Strong Results
The Jotun group has four profitable months behind it and concludes the period with higher turnover, higher volumes and higher profits than for the same period in 2005.
BC Ferries Gets $68m for Sinking
BC Ferries reportedly received $67.9 million in insurance compensation for the sinking of the Queen of the North earlier this year, www.canada.com reported. Theā¦
Ship Launch Foiled by Hot Weather
Hot weather was the main reason that caused the hang-up of a 10,500 ton ship during its attempted launch at the Bach Dang Shipbuilding Industry Company in the northernā¦
Madagascar Drilling in ā07
ExxonMobil reportedly sees exploratory drilling operations off the northwest coast of Madagascar getting under way in 2007, Reuters reported. The oil giant has interestsā¦
Lead Ship of T-AKE Class Delivered
General Dynamics NASSCO delivered the USNS Lewis and Clark (T-AKE 1) to the U.S. Navy. The ship is named after Captains Meriwether Lewis and William Clark, who ledā¦
