GlobalSantaFe Worldwide SCORE Continues to Show Decline in Semi Market
GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for November 2003 was down 3.5% from the previous month's SCORE.
Arntzen Appointed CEO of OSG
The Board of Directors of Overseas Shipholding Group, Inc. (OSG) today announced the appointment of Morten Arntzen as the Company's new President & Chief Executive Officer. Mr.
Stolt-Nielsen Reports Talks with Lenders Continuing
Stolt-Nielsen S.A. ( said that while the waivers of covenant defaults granted by its primary lenders expired today, the Company and its lenders remain in constructive…
CG Medevac Man
A Coast Guard helicopter crew rescued a 21-year-old crewman suffering from severe abdominal pain aboard a supertanker 120 miles south of New Orleans this morning.
Rates for U.S. pilotage on the Great Lakes
The U.S. Coast Guard issued an interim rule providing a partial rate adjustment for U.S. pilotage on the Great Lakes. This interim action is being taken while the…
CP Propeller Drive Celebrates 100 Years
MAN B&W Diesel has been part of the propeller business from the very beginning. The first Alpha Controllable Pitch Propeller was produced in 1902 and patented in 1903.
Coast Guard Medevacs Man from Cruise Ship
A helicopter crew from U.S. Coast Guard Air Station Houston medevaced a man from a cruise ship Sunday at about 11:30 p.m., 55 miles south of Galveston, Texas. The…
Fugro Use ConCat on Near Shore Site Survey
Fugro Survey A/S recently used the ConCat survey catamaran to conduct a near shore multibeam survey at Larvik, Norway. The harbor in Mørjefjorden, south of Larvik…
Otto Candies Upgrades to HiPAP 500
Otto Candies LLC, USA, purchased a HiPAP 500 for the ROV Support vessel MV Caballo Andaluz. The HiPAP 500 is a market leader in acoustic positioning with accuracy making it ideal for ROV operations.
HiPAP 500 for Ardmore Single Anchor Loading System
Tuscan Energy has awarded Kongsberg Maritime a contract to supply and install a HiPAP 500 system on board the Nomis Shipping vessel, MV Dea Commander. The vessel…
Northrop Grumman Receives Prestigious Award
Northrop Grumman received the 2003 Frost & Sullivan Technology Leadership Award for Homeland Security and Homeland Defense in recognition of its roles in the Integrated Deepwater System program…
VT Halmatic Completes World’s Tallest Yacht Mast
The Mirabella V mast is loaded on a barge to leave the VT Halmatic Portchester shipyard. VT Halmatic completed production of the world’s tallest yacht mast, which…
Concordia Orders New P-MAX Tankers
predetermined price. for delivery in 2005-2006. on double propulsion systems, rudders and steering gear. to be either dredged or closed down. bottlenecks affecting oil transportation.
Broström Modernizes its European Product Tanker Fleet
Broström has placed an order for the building of four 14,500 deadweight product- and chemicaltankers. The order secures Broström's position as being a significant…
Smedvig Secures New Tender Rig Contract
Smedvig has been awarded a letter of intent by Total Congo for the self-erecting tender rig T-8. The drilling assignment in Congo, West Africa, has a firm duration of 105 days…
Coast Guard Reminds Community of Approaching Deadlines
The U.S. Coast Guard reminds members of the maritime community that security plans for vessels and facilities affected by the Maritime Transportation Security Act…
PHA Commission Considers Security Contract and MOU
The Port of Houston Authority (PHA) commission will consider several recommendations involving contract awards, bids and proposals, professional services and general…
Canada Proposes Changes to Small Vessel Regulations
Transport Canada stating that it is planning to amend the small vessel regulations. These regulations apply to vessels under 15 gross tons and those carrying 12 or fewer passengers.
Ship Management Awarded Ecopro
The Washington State Department of Ecology issued a Press Release stating that it has awarded the Exceptional Compliance Program (Ecopro) award to M.T.M. Ship Management Private Ltd.
Marad Release U.S./China Maritime Agreement
The U.S. Maritime Administration (MARAD) released the U.S./China Agreement on Maritime Transportation, signed this week. It also released the Memorandum of Consultations relating to the agreement.
