Petrobras Sends 20 Ships To Monitor Oil Spill
Petrobras moved about 200 men and 20 ships to monitor oil spilled offshore after the world's biggest rig was rocked by blasts and sank earlier this month. On March 15…
Panama Canal Income Up 3.1%
Panama Canal October-to-February toll income rose 3.1 percent over the year-ago period to $247.8 million. Transits by ships built to the maximum dimensions of the Canal's 1,000-ft. (305-m) by 110-ft.
Lawrence Graham Warns On Tanker Approvals
London law firm Lawrence Graham says tanker owners and charterers can expect more disputes over oil major approvals. Imogen Rumbold, partner, says that since the…
IZAR Delivers For Stena
Stena Line announced that its brand new ferry Stena Hollandica entered service in the Hook of Holland-Harwich route. In October 2000 Stena Line had already introduced her sister ship Stena Britannica.
Sea Containers Posts Loss
Marine transport company Sea Containers Ltd. posted a fourth-quarter loss, versus a profit a year earlier, citing a bigger fuel bill and a drop in demand for container rentals.
Bulk Indices Sink
The Baltic Dry Index (BDI) fell 18 points to 1,468, the Baltic Panamax Index (BPI) lost 29 points to 1,578, the Baltic Handymax Index (BHI) eased 57 points to 9…
Cammell Laird: Navy Deal Saves Jobs
Cammell Laird, under threat of losing a key $500 million deal with U.S. cruise ship firm Luxus, said it had won a U.K. Navy contract, helping safeguard 150 jobs at the group.
Though The Rhine Level Drops, Barges Still Stopped
The Rhine river remained closed to barge traffic on Wednesday, but Cologne city officals said movements around the Cologne hub may be resumed in the evening. City…
Japanese Shipbuilding Consolidation Is Imminent
Kawasaki Heavy Industries is said to be considering integrating its shipbuilding business with those of Ishikawajima-Harima Heavy Industries Co. (IHI) and Mitsui Engineering & Shipbuilding Co.
Miami Longshoreman Nabbed In Drug Smuggling Scheme
Federal authorities arrested 20 people, most of them current or former longshoremen, on charges of smuggling massive amounts of cocaine through Miami on cruise ships…
Quick Spill Clean-up Expected Off Long Island
Clean-up activities of an oil spill that affected about 25 miles (40 km) off the north shore of Long Island, New York, are expected to be complete by the end of the week, the U.S.
Probe Into Rig Sinking Begins
The head of Brazil's state oil giant Petrobras said on Tuesday that a European company would monitor a probe into the cause of an accident that sank Petrobras' biggest…
Telenor to Acquire COMSAT
Telenor of Norway and Lockheed Martin Global Telecommunications (LMGT) announced that Telenor will acquire LMGT's COMSAT Mobile Communications operations for $116.5 million in cash.
Thrustmaster of Texas Announces Appointments
Owen Traylor has been named General Manager for Thrustmaster of Texas, Inc., a Houston-based manufacturer of marine propulsion systems. Traylor comes to Thrustmaster…
Bollinger Wins Major Newbuild Contract
Bollinger Gretna, L.L.C., Harvey, La., and K-Sea Transportation Corp. of New York have signed a contract for the construction of four double hull, ocean service, OPA '90 oil barges.
IBIA Updates Sampling Equipment Guide
The International Bunker Industry Association (IBIA) has published an updated edition of its Bunker Fuel Sampling Equipment guide. The second edition of the guide…
Telemarine launches V.6 of Bunkerworld.com
The giant bunkerfuel website - Bunkerworld.com has reached version 6, in a major new re-launch. Bunkerworld.com which is operated by Telemarine Ltd in London, contains more than 10…
Vericor Supplies Kockums With Gas Turbines
Swedish Navy. The TF50s will replace existing gas turbines and will be part of the Combined Diesel and Gas Turbine (CODAG) systems on the Malmö and Stockholm corvettes.
VLCC Rates Poised To Stay Strong
Owners of VLCCs have been painstakingly building up rates this week, but for owners of million-barrel tankers, the last month's gains have come crashing back down.
Carnival To Swap Ships
Carnival Corp., which is working to revive profitability at its Seabourn luxury cruise line, said that next year it will shift a ship now sailing for Seabourn to the company's Holland America Line.
