Ocean Tankers to Raise $13m from IPO
Ocean Tankers Holdings PCL aims to raise about $13.38m from the initial public offering (IPO) that starts in the first such issue of a new company to list on the Cyprus Stock Exchange in two years.
Mammoet Gets Salvage Order
Mammoet Salvage of Schiedam, the Netherlands, agreed to terms for the removal of the wreck of the Liberian container ship, Safmarine Agulhas, which ran aground and…
Kuwait Orders Boats from Sealegs
According to Radio New Zealand, Sealegs International says it has shipped its first amphibious boat to Kuwait and has received orders for five more. It says two…
NOAA Rules on Anchoring Prohibition at Grays Reef
The National Oceanic and Atmospheric Administration (NOAA) issued a final rule for management of the Grays Reef National Marine Sanctuary (NMS) off the coast of Georgia.
FCC Denies AIS Petition
The Federal Communications Commission (FCC) issued a final rule denying the petition for reconsideration of the Automatic Identification System (AIS) equipment certification…
SECNAV Visits Naval Station Great Lakes
Secretary of the Navy Donald C. Winter visited Naval Station Great Lakes Oct. 10 and met with Sailors and toured Recruit Training Command (RTC) and Training Support Center (TSC).
First RasGas LNG Delivery Arrives in Mexico
Ras Laffan Liquefied Natural Gas Company Limited (RasGas) made its first delivery of liquefied natural gas (LNG) from the shores of Qatar to Mexico on October 8.
Two Norwegian Platforms Shut Down
Reports said that safety authorities ordered a production shutdown at two Norwegian offshore platforms Thursday, sharply reducing flows from the world's third largest oil exporter, an official said.
Santos Discovers Oil and Gas in Vietnam
Santos Limited (STO) announced that it has completed testing of the Dua-5X well, offshore Vietnam, after discovering multiple gas and oil reservoirs in the southern fault block of the Dua structure.
Report: New Port-Security Law Sidesteps Dirty-Bomb Screening Overseas
Bloomberg reported that President George W. Bush will sign a port-security law that doesn't address what security experts and U.S. lawmakers fear the most: terrorists…
Starkey Promoted to Port Canaveral CFO
Margaret Starkey has been named Deputy Executive Director/Chief Financial Officer of the Canaveral Port Authority. Starkey began her career with the Port Authority as a staff accountant in 1993.
Work Begins on Ferry Terminals
The News Bulletin said that ferry passengers heading to Vancouver via Departure Bay and returning from Horseshoe Bay may experience some short delays over the next…
Concordia and Stena Bulk Awarded Environmental Diploma
At World Shipping Day in Gothenburg, Concordia Maritime and Stena Bulk will be awarded Sjöfartsforum’s Environmental Diploma for Stena’s in-house developed MAX vessels.
Texcom Gets Navy Comm Contract
Texcom, Inc., Portsmouth, Va., is being awarded an estimated $5.5m indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, performance-based contract to provide…
Newport News Awarded $5.6m Contract
Newport News Shipbuilding and Dry Dock Co., Newport News Va., is being awarded a $5.6m cost-plus-fixed-fee, level of effort contract for planning and design yard…
Electric Boat Awarded Contract
Electric Boat Corp., Groton, Conn., is being awarded an $18.7m cost-plus-fixed-fee, level of effort contract for reactor plant planning yard services for nuclear…
Halloran Joins A&B
Kevin L. Halloran has joined Alexander & Baldwin, Inc. as director, corporate finance and investor relations. In this newly created position, he will be responsible…
Navy EOD Launches Exercise Edged Response
Sailors assigned to Mobile Diving Salvage Unit (MDSU) 1, Det. 5, and Sailors assigned to Explosive Ordnance Disposal Mobile Unit (EODMU) 8, Det. 4, are collaborating…
Mermaid Maritime Opens New Office
Denmark's Mermaid Maritime (Vietnam) Ltd. has opened its office in Ba Ria-Vung Tau Province under a cooperation agreement between Vietnamese and Danish firms in the oil and gas industry.
Singapore Conducts Lifeboat Drills
The Singapore Maritime and Port Authority (MPA) issued a circular reminding masters and crewmembers of the hazards associated with free-fall lifeboat drills. Source:HK Law
