Global Materials Services Acquires Arrow Terminals
Global Materials Services LLC (GMS) has acquired Arrow Terminals, Inc. of Sewickley, Pa., an operator of marine terminals. Arrow operates seven domestic river terminals in Industry…
Pequot Orders Litton Thermal Imager, Bridge Electronics
Litton Marine Systems has received an order to supply an AMIRIS infrared imaging system and other electronics for a new catamaran passenger ferry under construction at Pequot River Shipworks.
Q-Mar Partners with Socomar
Q-Mar, specialist in the development of ECDIS for the naval and hydrographic sectors, has formed a partnership with Socomar International to integrate its industrial and commercial activities.
Aker Maritime To Eliminate 350 Jobs, 250 More By Year-End
Norwegian offshore supply firm Aker Maritime officials have announced the elimination of 350 jobs out of 1,070 at its Aker Verdal yard and said that the company…
USCG Authorizes Construction of Two Buoy Tenders
The USCG announced Marinette Marine Corporation (MMC) of Marinette, Wis., has been awarded contract options, valued at approximately $60 million, for the construction of two 225-ft.
Internet Can Help Shipping Companies Cut Costs, Say IT Firms
Shipping companies, criticized for being slow to modernize, are being targeted by information technology (IT) companies who see the Internet as a way for shipping…
Freeport Building For Chicago Company
Jim Murray of Freeport Shipbuilding will be delivering several more of his popular passenger vessels for the coming season. One, Chicago's Little Lady, will be delivered…
Sri Lanka, India Consider Resuming Ferry Service
Sri Lanka and India are considering allowing private firms to launch a passenger ferry service between the two countries. The service, previously operated by an Indian state-run company…
Stena Tries To Adjust To Loss Of Duty-Free Sales, Reports Losses
With the loss of duty-free sales in Europe from July 1, Swedish ferry operator Stena Line AB has already seen a drop in on-board retailing and slashed 660 jobs.
Seaway's Shipping Season to Open March 31
The Montreal to Lake Ontario and Welland Canal sections of the St. Lawrence Seaway will open for navigation at 8:00 a.m., March 31, according to an announcement made by the St.
SEMCO Building Three Dredges
SEMCO, Inc., located approximately 15 miles south of New Orleans, is currently building three 28 in. Super Dragon cutter/suction dredges for Ellicott Machine Corp. International.
Charter Rates Steady Worldwide, On the Rise in U.K./Continent
Charter rates for product tankers have been broadly steady around the world this week, with the exception of a slight improvement in the UK/continent sector. Shippers said 20-22…
Detroit Diesel, Volvo Penta Collaboration Concludes
Detroit Diesel Corporation (DDC) and Volvo Penta of the Americas (VPA) have announced a mutual agreement to conclude their successful four-year collaboration which…
ECTUG Adds To Halifax Fleet
Eastern Canada Towing Ltd. (ECTUG) has purchased a newly-built azimuthing stern drive (ASD) harbor tug at a cost of $3.7 million. Named Point Valiant and handed over to ECTUG in December 1998…
Chesapeake Begins Restaurant Vessel Construction
Chesapeake Shipbuilding Corp. has signed a contract with Maritime Equipment Corp. for the design and construction of a new 140 ft. restaurant vessel, with delivery scheduled for May 1999.
Canal Barge Order for FirstWave/Newpark
FirstWave/Newpark Shipbuilding has been awarded a contract by Canal Barge Company, Inc. of New Orleans, La. for the construction of 10 double skin tank barges. All…
Atlantic Repairs Northern Access Fire Damage
The contract for repairs to TGS-NOPEC's seismic vessel, Northern Access, has been awarded to Atlantic Marine, Inc. The vessel suffered damage during an engine room…
Cummins Marine Welcomes Cheramie Comeback
Back in 1992, when Manny Cheramie was first diagnosed in bad health, he decided to sell his 13-boat fleet of towboats. Still only in his forties, it was a real blow…
NMEA to Introduce New Standards
The National Marine Electronics Association (NMEA) is expanding its efforts to develop uniform standards for interfacing and installing marine electronics equipment.
Eastern Shipbuilding to Build 300 ft. Ferry
Eastern Shipbuilding Group, Panama City, Fla., has announced the contract signing with the Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing and Transportation Company…
