ACP Announces FY2003 Metrics
The Panama Canal Authority (ACP) today announced 2003 fiscal year metrics, ending in September. These metrics indicate that the ACP's recent operational and capital…
Osprey Successful at Sea
The V-22 Integrated Test Team (ITT) completed a detachment in USS Bataan (LHD 5) in November, the second at-sea period for the Osprey program this year. During the…
ABS Audits Univan Tanker
Hong Kong based Univan Shipmanagement becomes the latest organization to achieve certification from class society ABS in order to meet the IMO’s International Ship…
Volvo Penta Diesels Make Impact on Tug
Volvo Penta is enjoying continued success with sales of engines for vessels operating in canal and river traffic in the US. When the barge transportation company…
LNG to be Focus of Houston Conference
With the future of the natural gas domestic supply in the North America at stake, a vital part of the solution revolves around the continued growth, production,…
New Option Exercised for Ocean Rig
Ocean Rig announced that ExxonMobil has exercised a further option for an exploration well, which is the sixth such option to be declared to the current contract for Leiv Eiriksson…
Northrop Grumman Appoints Johnston as VP of Contracts and Pricing
Corporation announced that Thomas H. Pricing. position upon Ward's retirement next year. of prime contracts. and Sensors business segment. CVN 77 warfare system and the Arsenal ship project.
Stelmar Shipping Ltd. Announces Sale-Lease Back of Two Aframax Vessels
Stelmar Shipping Ltd. announced that it has completed, with the assistance of the Fortis Bank, a seven year sale-lease back transaction for two of its coated Aframax tankers…
Statoil Selling Out of VNG
Statoil is disposing of its 5.26 per cent holding in German company Verbundnetz Gas (VNG) to EWE AG, Germany, subject to the final approval of the transaction. The…
Fishing Vessel Disabled on High Seas
The Coast Guard is tracking and assisting a disabled and adrift fishing vessel 80 miles south of Martha’s Vineyard in the worst winter storm to hit New England so far this year.
Cargo Ship Loses Containers in Heavy Seas
The container ship Seaboard Voyager lost four of its containers approximately 18 miles north of Puerto de Tanamo, Cuba, Wednesday 2:18 p.m. Coast Guard Marine Safety…
MIL Completes Purchase of TransAmerica Transportation Services
Matson Integrated Logistics (MIL) announced that it has completed the asset purchase of TransAmerica Transportation Services, Inc. (TTS), a third party logistics company based in Akron, Ohio.
Navy Awards $816.6M New York (LPD 21) Contract to Northrop
Corporation announced that the U.S. Antonio-class amphibious transport dock ships. Pascagoula and Gulfport, Miss., and Tallulah, La. vehicles. and the future of expeditionary warfare," said Dr.
Washington State Yacht Builders Announce Partnership
Washington is training workers in the latest methods of building yachts. competitive both locally and internationally. Fridell, human resources manager for Northern Marine. for luxury.
Kvichak Marine Delivers RB-M Prototype
Kvichak Marine Industries, of Seattle, WA, recently delivered a 45’ Response Boat – Medium (RB-M) prototype to the United States Coast Guard (USCG). Kvichak teamed with Marinette Marine Corporation…
IMO Adopts Accelerated Single-Hull Tanker Phase-Out
The IMO issued a News Release stating that the Marine Environment Protection Committee (MEPC) adopted a revised, accelerated phase-out for single-hull tankers, along…
EP Proposal re Atmospheric Emissions from Ships
The European Parliament issued a Press Release stating, in pertinent part, that an initiative is being proposed that would, if adopted, expand restrictions on atmospheric…
South Africa implements CSI
The U.S. Bureau of Customs and Border Protection issued a Press Release stating that the Container Security Initiative (CSI) has become operational in the port of Durban, South Africa.
Trinity Marine Products Announces New Executive Vice President
Trinity Industries, Inc. today announced Robert P. Herre has been named Executive Vice President of Trinity Marine Products, Inc., a subsidiary of Trinity Industries, Inc.
USCG May Forcibly Evacuate Vessel in Distress
The U.S. Court of Appeals for the First Circuit ruled that the U.S. Coast Guard may order the forcible evacuation of a vessel in distress when lives are in danger.