Eight New Coastal RoRos Slated for U.S.
Maritime Transport & Logistics Advisors, LLC (MTLA) an industry consulting firm based in Ft. Lauderdale, FL has been engaged by Roadships America, Inc. to provide research and analysis of the U.S.
Salvage Ships Return to Little Creek
Navy rescue and salvage ships USS Grapple (ARS 53) and USS Grasp (ARS 51) returned to their homeport of Naval Amphibious Base Little Creek Oct. 5 and Oct. 10, respectively…
Aker Yards Signs $100M Contract
Aker Yards has signed a contract worth approximately NOK 650 million to build a Well Intervention Vessel for Island Offshore. The vessel will be delivered in January 2008.
This Day in Naval History - Oct. 14
1918 - Naval aviators of Marine Day Squadron 9 make the first raid-in-force for the Northern Bombing Group in World War I, when they bombed a German railroad at Thielt Rivy, Belgium.
PPL Shipyard Completes Acquisition of Sabine Industries
Further to its announcement dated September 22, 2005, “SembCorp Marine’s PPL Shipyard Acquires Sabine Shipyard in Texas, USA”, SembCorp Marine is pleased to announce…
ACL IPO Closes
American Commercial Lines Inc. (NASDAQ: ACLI) announced the closing of the initial public offering of 9,487,500 shares of its common stock at a price to the public of $21.00 per share.
CNOOC Announces Discovery
achieved a new discovery, Luda (LD) 27-1, in Bohai Bay. Discovery well LD 27-1-1 is an independent wildcat spudded this July. well was drilled in 16 meters of water to a total depth of 2772 meters.
ATP Wins GOM Lease
Lease Sale held in New Orleans this past August. which were awarded at a total cost of approximately $0.6 million dollars. gas pay. water. planned drill site for…
Bollinger Promoted
Bollinger Shipyards, Inc., has named Chris Bollinger as Executive Vice President of New Construction Division, according to Donald “Boysie” Bollinger, Chairman and CEO of the Lockport, La.
Temp Housing for Gulf Coast Employees
Northrop Grumman Corporation is making final arrangements to provide on-site temporary housing for more than 1,000 returning employees at its shipyards in New Orleans and Pascagoula.
OSG Sells Seven Tankers
Overseas Shipholding Group, Inc. (NYSE:OSG) announced today that it agreed to sell seven tankers to Double Hull Tankers, Inc. (DHT) in connection with DHT's initial…
Bajpaee Elected by ISMA
International Ship Managers' Association. Kong, 12th October 2005. industry-wide operational Key Performance Indicators (KPIs). decisions made at policy making bodies and what actually goes on at sea.
Birth of the U.S. Navy
By RP3 Bryan J. The U.S. Navy was born on 13 October 1775 by an act of the Continental Congress. Long-building political tensions between the British Empire and…
This Day in Naval History - Oct. 13
1775 - The Continental Congress establishes a Continental Navy, later known as the U.S. Navy. 1943 - The Destroyer Bristol (DD 453) is sunk, with the loss of 52 lives…
Consortium Formed to Invest in China Shipbuilding
At the invitation of China Steel Corp. (CSC) and Yang Ming Marine Transport Corp., Wan Hai Lines Ltd. has shown its willingness to enter into a consortium led by…
EU Approves CP Ships Acquisition
TUI AG and CP Ships Limited jointly announced that TUI's proposed acquisition of CP Ships has been cleared by the European Union and that the regulatory review period in China has expired.
Transocean Updates Rig Status
Transocean Inc. reported that damage assessments of the moored semisubmersible rigs Transocean Marianas and Deepwater Nautilus, which sustained damage during the…
Double Hull Tankers Cuts IPO Amount
Double Hull Tankers Inc. cut its expected initial public offering (IPO) to 16 million shares at $12 to $13 a share from 20 million shares at $14 to $16, according to a Reuters report.
Samsung to Build Tankers for Lukoil
Samsung will build four ice-class 70,000-ton tankers for Russia’s oil major Lukoil to help it export crude from the Arctic to Western markets, according to a report on MosNews.com.
Navy Releases Two Ships to Owners
The Nigerian Navy handed over two ships arrested for oil bunkering in 2003 on the order of the presidency following a court ruling, according to a report on AllAfrica.com.