Maritime Industry Top News
Lloyd’s Register to Collaborate with IDS International
Lloyd’s Register is pleased to announce its collaboration with Initiative Development Services International Ltd (IDS International), a maritime and corporate security specialist based in the UK.
Northrop Grumman to Present at Conference
Northrop Grumman Corporation will present at the Lehman Brothers 20th Annual Industrial Select Conference in Miami, Fla., February 3. www.northropgrumman.com beginning at 12:30 p.m. EST.
Cutters Assist in Naval Vessel Protection Zone
Coast Guard crews from the CGC Cobia and a Marine Safety Office Port Arthur, Texas, small boat are performing escort duties today for the USNS Britton, a military cargo vessel…
Sweden Joins CSI
Customs Commissioner Robert C. Bonner and Kjell Jansson, Director General of the Swedish Customs Service, today announced that the government of Sweden has agreed to participate in the U.S.
Southwest Marine Awarded Modification to Contract
for the accomplishment of the post shakedown availability (PSA) of the USS McCampbell (DDG 85) and USS Preble (DDG 88). non-standard equipment and technical manuals. October 2003. current fiscal year.
Royal Caribbean Reports 4Q Results
Royal Caribbean Cruises Ltd. has announced their fourth quarter earnings of $38.3 million, or $0.20 pershare, compared to a net loss of ($39.0) million, or ($0.20) per share, in 2001.
Henry Named VP at SEA
Matthew G. Henry (SES-6) has been named as Executive Vice President, corporate development and corporate officer to oversee the Defense and IT Services Group at…
General Maritime to Acquire Tankers
General Maritime Corporation has agreed to acquire 19 tankers, including 14 Suezmax and 5 Aframax vessels from Metrostar Management Corporation, a Greek tanker operator.
Manitowoc Makes the List
The Manitowoc Company, Inc. has been chosen as one of the Best Big Companies in America according to Forbes Magazine's 2003 Platinum 400 list. The Forbes Platinum…
ENSCO Reports 4Q Results
ENSCO International Incorporated reported a net loss of $10.7 million ($0.07 per diluted share) on revenues of $206.8 million for the three months ended December 31…
MSC Ships Depart as Another Arrives
The two Military Sealift Command (MSC) ships that were moored at the North Carolina State Port here are now on their way to an undisclosed location. In their place…
Sperry Marine to Supply Fin Stabilizers for Ferries
Northrop Grumman Corporation's Sperry Marine business unit has been awarded a contract to supply fin stabilizers for two new vehicle/passenger ferries being built in Spain.
Celebrity Cancels Two Cruises
Celebrity Cruises is canceling two cruises on Infinity to replace ball-bearing units in the ship's propulsion system. The ship must enter drydock to replace the bearings…
CP Ships Announces $34M 4Q Profit
CP Ships Limited today announced unaudited fourth quarter 2002 operating income before exceptional items of US $34 million, unchanged from the third quarter and…
Guidance on Terrorism Risk Insurance Act
The U.S. Department of the Treasury has published in the Federal Register the interim guidance concerning certain conditions for Federal payment under the Terrorism Risk Insurance Act of 2002.
CG Commandant to Speak at Conference
More than 400 U.S. and Canadian government, commercial and environmental officials will meet for a two-day conference beginningWednesday, January 29 at the Sheraton Cleveland City Center.
IMO Issues Circular on AIS
The IMO issued a Safety of Navigation circular entitled Guidelines for the installation of a shipborne automatic identification system (AIS)
MARINE SECURITY:The New Faces of Security
The U.S. maritime world is rapidly changing direction as security becomes an ever larger and more important issue to the federal government. We have seen the Department of Homeland Security created…
NEWS:MARAD Approves Vessel Transfers
The U.S. Maritime Administration (MarAd) approved requests for transfer and sale of five U.S. vessels, including a tanker and a cable ship. • K-Sea Transportation LLC…
Tug Company to Pay Almost $1M for Seagrass Damage
Great Lakes Dredge and Dock Company of Oak Brook, Ill., will pay nearly $1 million for damages to seagrass and other resources in the Florida Keys National Marine Sanctuary…