A.D.S. Releases Financial Analysis
The Association of Diesel Specialists has released its 1999 Financial Analysis, which provides financial data and operating trends in the diesel fuel injection service industry…
Celsius To Create Big Submarine Builder
Swedish defense group Celsius announced that it was merging unit Kockums Naval Systems with Germany's Howaldtswerke-Deutsche Werft (HDW) to create a leading global…
Hvide Marine Reports 2Q Results
Hvide Marine Incorporated reported a net loss of $23.7 million for the quarter ended June 30, 1999. These results reflect a loss of $14.1 million on the sale of assets.
WSF Prepares for Major Disaster
Like other agencies, Washington State Ferries has had the elements of an emergency preparedness plan in place for several years. But the ferry system is in the process…
Halter Marine Announces 1Q Results
Halter Marine Group, Inc. announced the company's net income for the first quarter ended June 30, 1999 was $1.9 million on revenue of $192.1 million. This compares…
ICO to Launch Global Mobile Communications Network
Currently, only 40 percent of the 60,000-80,000 large ships worldwide enjoy satellite communications. Just one percent of yachts and fishing boats have such capabilities.
Port Management Program for Officials
Senior port officials and maritime industry executives interested in learning the latest port operation, planning and management techniques can participate in the…
Fishing Vessel Salvaged by Donjon Marine
Donjon Marine successfully delivered F/V Cape Fear, a 112 ft. clam dredging vessel, to its owners in New Bedford, Mass. F/V Cape Fear sank in 78 ft. of water while…
Kvaerner Sell-Off Hits Snag In Finland
The Polish Gdynia shipyard fears Finland's government may scupper its bid to take over two Finnish yards put for sale by the Kvaerner, Gdynia's chief executive said.
Litton Announces Completion of Avondale Acquisition
Litton Industries, Inc. announced the completion of its acquisition of Avondale Industries, Inc. for $39.50 per share in an all cash transaction valued at approximately $529 million in the aggregate.
Yacht-Like Dive Charter Boat for B.C. Waters
The dive charter business continues to grow on the B.C. coast, in most cases utilizing a range of converted vessels. Now one company, Lever Diving, is having a purpose…
Blue Ribbon Report: Ferries are safe
For a decade if not longer, it's been the subject of debate among reporters, passengers, WSF crews, maritime experts and others. Now, at last, it appears the question has been answered.
USCG Launches $1.1 Million Virtual Private Networks
The USCG is deploying Virtual Private Networks (VPNs) based on 3Com's wide area network (WAN) systems. Using VPN connections, the agency will be able to quickly…
Hornblower to Manage New Ferry Service in Virginia
Hornblower Marine Services and Virginia-based, MetroMarine Holdings have started a new passenger ferry service between Downtown Hampton and Downtown Norfolk. HarborLink…
Rolls-Royce Launches $933 M Offer For Vickers
Just as soon as Vickers Plc put the finishing touches on its revived industrial empire - acquiring a myriad of marine propulsion equipment suppliers in order to…
Foss Maritime Aids Power Plant Reactor Tow
Foss Maritime played a crucial role in the success of the towing of a defueled nuclear reactor up the Columbia River for burial of the reactor at the Hanford Nuclear Reservation, near Richland, Wash.
Bisso Crews Refloat USS Drum
Bisso Marine Company, Inc., has successfully corrected the 12 degree list of USS Drum at the USS Alabama Battleship Memorial Park, in Mobile, Ala. The list developed when the 308 ft.
Oil Tankers Get A Bad Rap, Say Experts
Oil tankers get a lot of bad press, but shipping causes only a small amount of marine pollution, maritime experts said. "Shipping is less polluting than most other transport modes.
KCI Konecranes to Supply Goliath Crane to Ingalls
KCI Konecranes has won the contract to supply one of the world's largest cranes to Ingalls Shipbuilding, Pascagoula, Miss. The crane, in a category known as Goliath due to its massive size…
Merger's Goal: Improved Efficiency
Kirby Corp, the largest U.S. tank barge operator, has agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, for approximately $325 million.
