Northrop Grumman Provides Additional Financial Guidance For 2002
information for 2002. completion. expected to range between $6.85-$7.25 per share, on approximately 86 million shares. sector.
International Shipholding Corporation Reports Third Quarter Results
International Shipholding Corporation reported results for the quarter ended September 30, 2001. Net loss for the third quarter was $165,000 as compared to net income of $418…
Carnival Reports Third Quarter Earnings
for its third quarter ended August 31, 2001, compared to net income of $396.2 million on revenues of $1.23 billion for the same quarter in 2000. same period in 2000.
Japan Backs IMX in Dry Bulk Venture
Maritime software provider, Strategic Software, and e-JAN corporation, the Japanese internet shipping group established by NYK Line have announced a joint venture to be launched on November 1, 2001.
Seabulk International Posts Third Quarter Results
Seabulk International, Inc. 2001. current quarter were up 10% from $81.6 million a year ago. services business and its domestic tanker business. Revenues from Seabulk Offshore…
Stolt-Nielsen, Vopak and Essberger Combine Chemical Tanker Fleets
Stolt-Nielsen Transportation Group Ltd., a wholly-owned subsidiary of Stolt-Nielsen S.A., Vopak Chemical Tankers B.V. and John T. respective European chemical tanker…
Carnival Corporation Closes Private Placement Of Zero-Coupon Convertible Debt
Carnival Corporation today announced the completion of the previously announced private placement of its 20-year zero-coupon convertible notes, which resulted in…
Northrop Grumman Suspends Work On Project America
Northrop Grumman Corporation announced today that, effective immediately, it has suspended all work on Project America, a cruise ship program to build two 1,900…
HDW purchases Topgallant
As part of the implementation of SAP R/3 at the Howaldtswerke-Deutsche Werft in Kiel, Germany, Atlantec Enterprise Solutions has been chosen to develop the link…
Joint Statement By Keppel and SembCorp
The managements of Keppel Corporation and SembCorp Industries are holding discussions on the rationalization of the local shipyard industry and the possibility of…
North Arm Transportation Purchases Twin Screw Tug
North Arm Transportation Ltd. of Vancouver, BC, Canada recently purchased the 70ft. twin screw tug Josee M (ex: Hamilton Bailie) from McKeil Boat Works Ltd. of Hamilton Ontario, Canada.
MAVCO Awarded Contract
MAVCO has been awarded the contract to design, supply and install a range of audio, video, lighting and effect systems in over twenty venues on board a third Crystal Cruises ship.
Genmar Sells Hatteras Yachts to Brunswick
Genmar Holdings, Inc. announces that it has signed a definitive agreement to sell Hatteras Yachts, Inc. to Brunswick Corporation for approximately $80 million in cash.
Revised Delivery Schedule for Eirik Raude
Ocean Rig's second rig, Eirik Raude, is currently being completed at the Halifax Shipyard (Irving Shipbuilding, Inc.) in Nova Scotia. Since the rig arrived in Halifax…
A&B Industries Signs Contract with Mitchell Offshore Marine
A&B Industries of Morgan City, La., has signed a contract with Mitchell Offshore Marine of Grapevine, Texas for the construction of an offshore supply vessel under Subchapter L.
Harland and Wolff Awarded Design Contract
Harland and Wolff Technical Services Ltd, the design engineering consultancy of Harland and Wolff Group PLC, has been awarded a contract from Nantong Cosco KHI Ship…
Sonsub Appoints New VP of Operations
Sonsub Inc. announces the promotion of David Sheetz to vice president of operations. Sheetz has been with Sonsub for almost 12 years and has served mostly in operational roles…
UltraStrip Selects Distributor in Texas and Louisiana for Patented Robotic System
UltraStrip Systems, Inc. announced that it has entered into an exclusive distribution agreement with Robotic Environmental Services, LLC (RES) of Baton Rouge, La.
Raymarine Reports Strong Market Position in 2002
A $2 million marketing campaign, a $2 million investment in manufacturing and technological capabilities and a new suite of innovative products are at the heart…
Newport News Shipbuilding Reports Third Quarter Results
Newport News Shipbuilding reported net earnings of $27 million for the third quarter of 2001. (EBIT) for the quarter were $57 million. Included in the third quarter…