Marinette Marine Corp. To Launch U.S. Navy Vessel
Marinette Marine Corp. To Launch U.S. Marinette Marine Corp. launched the U.S. Navy's Barracks Craft (APL-65) into the Menominee River at a ceremony on October 30.
Lawrence Graham Appoints New Partner
London-based law firm Lawrence Graham has appointed Charles Baker, an experienced maritime and trade lawyer, as a new partner. Baker, who has more than 25 years experience in maritime law…
R&B Falcon Drillship Sustains Damage
R&B Falcon's drillship Deepwater Pathfinder sustained damage recently when 20 joints of the vessel's riser and its blowout prevention equipment fell to the seabed in about 7,000 ft.
GlobeOffshore Now Available From Globe Wireless
GlobeOffshore, the first fully integrated workboat management system, is now available from Globe Wireless. The system acts as a decision support tool helping to improve vessel utilization…
EuroCom Downgrades Forecast
Maritime communications equipment maker EuroCom Industries (ECI) downgraded its 1999 sales and earnings forecast last week, citing slow demand for a key product after U.S.
Shell To Spend $1B To Develop Nigerian Field
Royal Dutch/Shell plans to spend $1 billion developing the 120,000 bpd shallow water EA field off Nigeria using an innovative funding scheme. "The acreage would…
Mobil-Brand Marine Lubricant Service Available
Mobil Corporation's affiliates will now offer marine lubricant service to shipping companies calling on ports located in the Dominican Republic, Curacao, Aruba and Bonaire.
Keppel Elects New Executive Chair
Keppel Corp. Limited and Keppel TatLee Bank Limited have appointed Lim Chee Onn as executive chairman upon the retirement of Sim Kee Boon, effective January 1, 2000.
Hyundai Close To Losing Multi Ship Order
State-owned Latvian Shipping said that a $168 to $210 million order for new tankers was under threat as a result of conditions on the deal set by Latvia's privatization agency.
Jurong, Keppel Hook Up Still Possible
Keppel Corp's outgoing chairman Sim Kee Boon said he did not rule out the merger of the Jurong and Keppel shipyards in the future. "It is quite possible. I will not rule it out.
Finnish State To Join Bidding For Masa-Yards
The Finnish state plans to join the bidding for Masa-Yards, the Finnish shipyards of Anglo-Norwegian engineering firm Kvaerner, according to news reports. Officials…
Mitsui To Post Special Loss of $126M
Mitsui Engineering & Shipbuilding Co. Ltd. will post a special loss of $126 million in the first half of 1999-2000 due to restructuring costs. At the same time,…
Spain Contests Decision On Shipyard Aid
The Spanish government said last week that it would appeal a European Commission decision ordering Spain's state-owned shipyards to repay with interest $118 million in state aid.
Stratos Wins Protest of Five-Year Contract
The U.S. Court of Federal Claims in Washington, D.C. has granted the Stratos protest of a five-year U.S. Navy SPAWAR (Space and Naval Warfare) Inmarsat lease contract award to Comsat.
Supreme Court Rules Titanic Still Viewable
The Supreme Court refused to reopen a case last week from a Virginia appeals court allowing adventure-tour operators to conduct deep-sea excursions to the wreck of Titanic.
FONASBA calls for clarity
The Federation of National Associations of Ship Brokers and Agents (FONASBA) has called for more clarity in ship agents' rate structures. Speaking at the federation's…
Phillips Mulls Disposals
Phillips Petroleum officials said last week that the company favors a $1.14 billion plan to dispose of 15 oil and gas installations at the Ekofisk field in the Norwegian North Sea.
Booze Cruises Still Booming
Despite doom and gloom forecasts from ferry operators, the abolition of duty free sales has not slowed the demand for ferry day-trippers. Four months after the European…
Millennium Class Tanker Christened
ARCO Marine, Inc. unveiled its first state-of-the-art Millennium Class tanker at a christening ceremony at Litton Avondale Industries in metro New Orleans. The 125…
New Crabber Heads for Grounds
On the Bering Sea king crab fishery, explains deckhand Jerod Goodin, "There are six in the deck crew. Each of us will work 15 hours on and then take a three hour break.
