Celebrity Cruises Cancels Northern European Sailing
Celebrity Cruises canceled a 14-night Northern European cruise on Galaxy today to repair a damaged portside propeller. The ship, which returned to port shortly after leaving Amsterdam Saturday…
Accelerated phase-out of single hull tankers and CAS
Intertanko discussed with the EU and supported at IMO a revised phase-out scheme which effectively brought the European proposal in line with OPA 90. A copy of Intertanko’s…
S. Korea Eyes Cruise Building Market
Han Jong-chan assembles the massive blocks used to build ships at one of South Korea's huge and successful shipbuilding yards and has never been happier. Han has…
New Managing Director at Kelvin Hughes
Kelvin Hughes has appointed Ron Nailer as the new managing director of Kelvin Hughes Ltd., succeeding Dr. Martin Jones, who has returned to the parent company -…
Grand Bahama Shipyard Acquires Portland's Number Four Dry Dock
Grand Bahama Shipyard purchased the No. 4 Dry Dock from Portland Shipyard in Oregon. Measuring 984 x 228 ft. (300 x 69.5 m), the floating dock, which has a clear internal breadth of 185 ft.
Celebrity Cruises Cancels Northern European Sailing
Celebrity Cruises canceled a 14-night Northern European cruise on Galaxy today to repair a damaged portside propeller. The ship, which returned to port shortly after leaving Amsterdam Saturday…
North Sea Tanker Market Falls to Year's Lowest Point
North Sea tanker markets tumbled to a one-year low by the middle of this week and have since fallen further still, brokers said. "There was virtually no Aframax (80…
2001 Hurricane Season Begins Quietly
The 2001 Atlantic hurricane season dawned quietly on June 1, but storm experts warned people in hurricane alley early-season peace was no reason to let down your guard.
Rig Utilization Up in Europe, Down Worldwide
Offshore rig utilization rose in Europe but declined worldwide and in the U.S. Gulf of Mexico during the week ending June 1, according to ODS-Petrodata Group. European…
BHI U.S. Rig Count Up by Eight
The number of rigs searching for oil and natural gas in the United States rose by eight to 1,270 during the week ending June 1, according to oil services firm Baker Hughes.
Mississippi River Delays Begin to Ease
Delays at locks along the Mississippi River were easing on June 1 as a glut of northbound barges that congested locks after the river reopened last week made their way upriver, river officials said.
Navy Puts $30 Billion DD 21 Design Contract on Hold
The Navy put off indefinitely Thursday the choice of a winning design in an all-new $30 billion advanced destroyer program pending developments in sweeping Defense Department reviews.
China Shipping Signs Seven Vessel Lease for $11.5 Million
China Shipping Development Co Ltd said on Friday that it would lease seven vessels for one-year for a total of US$11.57 million. China Shipping would lease a chartered…
A.P. Moeller Shares Bounce Back
Danish A.P. Moeller shares rebounded on Friday after news of its purchase of Dutch tug and salvage company Wijsmuller Group Holding on Thursday, brokers said. The two A P Moeller stocks…
Bergesen Agrees to Sell Four Tankers To Frontline Consortium
Norwegian shipping group Bergesen said on Friday it had made an preliminary agreement to sell four tankers to a consortium led by tanker operator Frontline. Bergesen said in a statement the deal…
Northrop Grumman Completes Merger with Litton Industries Inc.
Northrop Grumman Corporation announced today that it has completed the acquisition of all shares of Litton Industries Inc. common stock not previously purchased…
A.P. Moeller's Salvage Unit Acquires Dutch Wijsmuller Group
Danish oil and shipping group A.P. Moeller's Svitzer tug and salvage unit said on Thursday it bought privately-owned Dutch Wijsmuller Group Holding for an undisclosed sum.
Dockers Union Orders Strike After Violence Erupts at Nigerian Port
A Nigerian dockers' union said on Thursday it had ordered a strike at Lagos' Apapa port after three men died, bringing the port to a standstill when it is struggling…
Rolls-Royce Order Book Logs in at $21.3 Billion
British aircraft engine maker Rolls-Royce Plc said on Thursday its order book had risen to a record 15 billion pounds ($21.3 billion) as the group added to its share…
Exmar, Golar Mull Possible LNG Merger
Exmar, the tanker division of Belgian shipping company CMB is reportedly in talks with Norway's Golar LNG to merge their liquified natural gas activities. It was…
