Hearing on National Security and DPW Acquisition
On March 2, the House Armed Services Committee will conduct a Hearing on the national security implications of the Dubai Ports World acquisition of P&O Ports. source: HK Law
Hearing on FY2007 Budgets for USCG and FMC
The Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a hearing on the US Coast Guard…
Daewoo Shipbuilding Wins Order from Transocean
Daewoo Shipbuilding & Marine Engineering Co won a $270M order from Transocean Inc. to build a drill ship. The vessel will be delivered by September 2008 and used…
Bill Introduced Investigation of Port Facility Acquisition
Representative King (R-NY) introduced the Foreign Investment Security Improvement Act of 2006 (H.R. 4807) to require an investigation under the Defense Production…
Russia Recognizes U.S. Officers for Help in Sub Rescue
U.S. Navy photo by Photographer's Mate 3rd Class Rebecca J. Underneath a portrait of Czar Peter the Great, the Russian Ambassador to the United States presented two U.S.
Northrop Grumman Recognized as Facility of the Year by the CWEA
environment in San Diego. large industry category. San Diego Bay. management yields results," he said. runoff from the San Diego Bay. eliminated in 2001. first zero…
Grupo TMM Reports 4Q, Full-Year 2005 Results
Grupo TMM, S.A. reported earnings of $0.41 per share for the fourth quarter of 2005 compared to a loss of $1.62 per share a year ago, and earnings of $3.02 per share…
China Raises Production of Attack Subs
Human Events estimated that by 2025, Chinese attack submarines will outnumber U.S. submarines in the Pacific by five to one. Chinese military modernization has accelerated…
Anteon Awarded $15.8M Contract
Anteon International Corporation announced that it has been awarded a contract from the U.S. Navy's Office of Naval Research for the Expeditionary Maneuver Warfare…
DHT Reports 4Q 2005 Results
Double Hull Tankers, Inc. announced results for the period from October 18, 2005 to December 31, 2005. Total revenues for this period were $20.2 million and net income was $9.5 million…
Royal Navy Ship Damaged
An investigation has been launched after a Royal Navy mine-hunting ship was damaged on a training exercise in Norway. The Clyde, Scotland-based vessel HMS Grimsby…
Iran Eyes Potential LNG Deals
Iran's National Iranian Oil Co. (NIO.YY) hopes to finalize deals with oil majors Total SA (TOT), Royal Dutch Shell PLC (RDSB.LN) and Repsol YPF SA (REP) towards…
Australian LNG Exports May Surge 22%
Australian liquefied natural gas export sales may surge by 22 percent next fiscal year, thanks to the start-up of new plants to meet rising demand for the fuel in Asia, Bloomberg reported.
Hearing on Security of Terminal Operations
The Senate Committee on Commerce, Science & Transportation conducted a Hearing on Security of Terminal Operations at US Ports. The purpose of the hearing was to…
Bill Introduced on Port Security
Senator Schumer (D-NY) introduced a bill (S. 2333) to require an investigation under the Defense Production Act of 1950 of the acquisition by Dubai Ports World of…
UK Master Convicted of Drunken Navigating
The UK Maritime and Coastguard Agency (MCA) has stated that the master of freighter was convicted on his plea of operating his ship while under the influence of alcohol.
BC Ferries Announces 3Q Results
British Columbia Ferry Services Inc. (BC Ferries) announced its third quarter results for fiscal 2005/06 with a net loss of $0.9 million for the three months ended December 31…
Naval Academy Midshipmen Select Their Future Ships
Two hundred and seventy-four midshipmen selected the surface ships they will serve on after graduation at the U.S. Naval Academy's “Ship Selection” night, Feb. 23. Vice Adm.
A New Wärtsilä Company to Serve the Baltic Region
Wärtsilä Corporation and the BLRT Grupp of Estonia will set up a second joint venture to service ships in the Baltic area. The joint venture will be owned 51% by Wärtsilä and 49% by the BLRT Grupp.
Seaspan Signs Contract for New 2500 TEU Vessels
Seaspan Corporation has signed a contract to build four 2500 TEU vessels from Jiangsu Yangzijiang Shipbuilding in China. These new orders are incremental to Seaspan's…
