West Asia Maritime Signs $33.5M Deal with Mitsui
West Asia Maritime Limited (WAM) has signed an MoU of $33.52M deal with Mitsui & Co, Japan for taking a IHIMU, Japan built geared 56,120 DWT Bulk Carrier under Bareboat Charter with purchase option.
BIW's Top Navy Officer Relieved of Duty
The top Navy officer in Bath who oversees destroyer construction at Bath Iron Works has been permanently relieved of his duties following an official inquiry. Capt.
Details of Cunard Queen Victoria Released
6,000 books. From the outside, it will feature its distinctive black and red livery. persona. rooms, another Cunard exclusive. history.
Celebrity Cruises Orders New Ship
its option to order a second 118,000 gross-registered-ton ship. the first ship planned for Fall 2008 and the second ship in Summer 2009. Celebrity also announced names of both new ships.
Hornbeck Offshore Denies Oil Spill Responsibility
Confirming a press report in a trade publication earlier, Hornbeck Offshore Services, Inc. announced that the Company was not responsible for the oil spill thatā¦
Panama Canal Christens Drill Barge Baru
The Panama Canal Authority (ACP) held the christening ceremony of its new drill barge "Barú," named after Panama's only volcano. Entirely manufactured by Panamaniansā¦
Crowley Names Brickman VP
Crowley Maritime Corporation announced that Jay Brickman has been named vice president of government services. In this role, he will manage the marketing, salesā¦
Northrop Grumman Names Carroll VP
of U.S. Navy programs for the Ship Systems sector. and future Navy programs. value management, and managing all contractual relationships. management functions.
Saigon Shipyard Completes Largest Vessel
The Saigon Shipbuilding Industry Company (SSIC) handed over Wednesday a 6,500 ton freighter to the Saigon Shipping Company. The Saigon Queen, which cost $7.2 millionā¦
USS Porter Trains with Black Sea Navies
The guided-missile destroyer USS Porter (DDG 78) arrived in the Black Sea in early February to train with the Ukrainian and Romanian navies. As part of a strategic focus to the south and eastā¦
Port New Orleans Pleads for Aid
According to reports, the Port of New Orleans is in dire need of federal and state aid to save some of its most damaged operations and businesses, the port's presidentā¦
Norcontrol IT Wins VTMIS Upgrade for Tianjin Port
Norcontrol IT has been awarded the contract to upgrade the VTS (Vessel Traffic Service) system at Tianjin Port in China with a new VTMIS (Vessel Traffic Management and Information System).
Stealthgas Aquires an Additional LPG Carrier
Stealthgas Inc. announced that it has entered into an agreement to acquire one additional LPG carrier Gas Fortune for a consideration of $ 9.5 million with expectedā¦
White House Urged to Review Port Deal
According to reports, the chairman of the House Homeland Security Committee urged the White House on to reconsider approval of a sale that would give a company inā¦
Knightsbridge Tankers Announce 4Q Results
Knightsbridge Tankers Limited reported a net income of $15.9 million and earnings per share of $0.93 for the fourth quarter of 2005. The average daily time charterā¦
Calls for Improvement for Sydney Ferries
The State Government has ordered Sydney Ferries to come up with a way to lift its performance by next week, saying too many vessels were out of service. According to The Sydney Morning Heraldā¦
MMS Issues Final Notice of Central Gulf Lease Sale 198
The Minerals Management Service (MMS) has announced the Final Notice of Lease Sale 198 for offshore oil and gas in the Central Gulf of Mexico (GOM). The lease sale is scheduled for March 15ā¦
Transocean Shares Fall
According to Bloomberg, shares of Transocean Inc. had their biggest drop since 2001 on concern rising costs and delays getting rigs ready for new contracts will keep profit from growing.
Platform Shut Down after Leak
A small natural gas leak on the Statfjord A offshore platform shut down 160,000 barrels per day of Norwegian oil production on Feb. 14. The leak was quickly traced to a small hole in a water pipeā¦
Profitable Year for Shipbuilding Companies
Increased spending on offshore exploration & production (E&P) of oil and gas has increased order-book positions of Indian shipbuilders. ABG Shipyard has an order backlog of Rs 1ā¦
