Sperry Marine Gets Approval for VDR Tests
Northrop Grumman Corporationās Sperry Marine business unit received approval from Det Norske Veritas to conduct annual performance testing of shipboard voyage data recorders (VDR).
P&I Club Warns of Shipping Claims Increase
Ship owners, operators and their P&I clubs face ever-increasing claims over the next few years, according to the 45 million GT North of England P&I club. Growth in the freight marketā¦
Transas Opens New Office
In December 2003, the Transas R&D center in St.Petersburg, Russia, changed its location. The new office occupies a five-story modern building situated in the Vasilievskiy Islandā¦
USCG Announces Changes to Civil Penalty Policies
The Coast Guard has expanded the scope of the Notice of Violation (NOV) program, building upon the success of the existing program in place since 1995. The NOV programā¦
Obituary: Braxton B. Carr
AWO reported the passing of Braxton B. Carr, former AWO President, on December 23 in Emmitsburg, Maryland, at the age of 92. Mr. Carr was AWOās longest serving presidentā¦
Water flowing into navigable water is subject to OPA 90
The U.S. Court of Appeals for the Fifth Circuit ruled that the Oil Pollution Act of 1990 (OPA 90) applies to oil spills into waters that flow into navigable waters.
MarAd Approves Five Applications
The Maritime Administration (MARAD) has approved five applications under section 9 of the Shipping Act, 1916, as amended. · Coastal Towing, Inc., Spring, TX, has received approval to sell the 1ā¦
MAN B&W Launches Engines, Targets LNG
MAN B&W Diesel A/S launched the ME-GI engine, a range designed for the highly specialized LNG carrier market. The design builds on experience gained from the earlierā¦
Portland Gets Boost from Oil Rig Project
Portlandās marine commercial shipbuilding industry is getting a boost thanks in part to construction of the āPride Portlandā and the āPride Rio de Janeiro,ā twoā¦
TRB to Hold Annual Meeting in DC
The Transportation Research Board (TRB) of the National Academies will hold its 83rd Annual Meeting in Washington, DC on January 11-15, 2004. Among other thingsā¦
MARAD Releases Report on E-Seals
The U.S. Maritime Administration (MARAD) released the voluminous two-part report evaluating electronic seals for use on cargo containers. The analysis was conductedā¦
MARAD Report on Ports and Shipping
The U.S. Maritime Administration (MARAD) released its quarterly report on Port and Shipping Safety and Environmental Protection.
EU Investigation into Aker Warnow Werft Continues
A European Union investigation over the possible repayment of subsidies by German shipyard Aker Warnow Werft ā formerly Kvaerner Warnow Werft ā looks set to drag on.
GE in Talks with Chinese Shipyard
China Ship Building Corporation (CSBC) is in talks with United Statesā General Electric (GE) to establish a naval shiprepair facility in Kaohsiung. General Electricā¦
First Ship Lease Closes $100m Mezzanine Financing
First Ship Lease Ltd., a commercial finance company focused on diverse shipping assets, today announced the successful completion of a $100 million mezzanine financing facility.
COSCO Unit Logs Good 2003
COSCO Pacific, an arm of the Chinese shipping conglomerate, reportedly logged a 45% jump in 2003 container volumes, according to a Reuters report. A container leasorā¦
Navy's Evolutionary Catamaran Tested Off Africa
Low intensity conflict, littoral warfare, special forces that can be whisked ashore at a moment's notice-all familiar terms to describe just how the military mustā¦
First ME engine built in Japan by HZ
The first ME engine to be built in Japan, a 6S50ME-C, has been completed by Hitachi Zosen Corporation. The order was placed by Naikai Zosen for Nissho Shipping.
A&P Busy in the Ferry Refit Season
The various yards in A&P are well into the āferry refitā season, with the latest contract being Irish Continental Linesā 50,938 grt passenger/car ferry Ulysses, which is currently in A&P Birkenhead.
IM Skaugen Announces Results
The IM Skaugen group reported a pre-tax result of MUSD 20.3 in 2003 including a net gain from sale of assets of MUSD 19.3 - (MUSD 4.8 in 2002). The result on EBITDAā¦
