Maritime Industry Top News
KMSS Gets Contract
Evans & Sutherland Computer Corp. Panama Canal Authority (PCA) has awarded a contract to Kongsberg Maritime Ship Systems Inc. (KMSS Inc.) PCA has selected Kongsberg's…
Merger of Aker Maritime and Kværner Approved
The Norwegian Competition Authority has cleared the merger of Aker Maritime and Kværner's oil and gas activities. The authority has approved the merger without reservations…
OIG Will Conduct Survey of Cargo Container Safety
The Department of Transportation Office of Inspector General (OIG) has issued a notification to the U.S. Coast Guard that the OIG is initiating a survey of cargo container safety and security at U.S.
War Risk Insurance for Title XI Mortgaged Domestic Vessels
The U.S. Maritime Administration (MARAD) has issued its policy review with regard to commercial war risk hull and P&I insurance on Title XI mortgaged vessels operated…
IMO To Address Maritime Security Issues
Experts in maritime security from governments and industry will gather in London next week at the Headquarters of the International Maritime Organization (IMO) for…
Digital System Resources Gets Contract
Digital System Resources, Inc., Fairfax, Va., is being awarded a $53,072,933 cost-plus-incentive-fee, cost-plus-award-fee contract modification to exercise an option…
Alabama Shipyard Delivers Second ATB
Alabama Shipyard has delivered another articulated tug and barge (ATB) unit to Reinauer Transportation Companies of Staten Island, N.Y. The Christian Reinauer and…
Crystal Harmony Rescues Four From Burning Freighter
The 50,000-ton, 940-guest luxury liner, Crystal Harmony, rescued four persons who were floating in a life raft after evacuating their burning freighter in the U.S. Virgin Islands on Feb.
Odfjell Orders Electronically-Controlled Engine
Odfjell ASA have ordered an electronically-controlled engine from MAN B&W Diesel A/S , a 7-cylinder S50ME-C model to be manufactured at the group's Alpha Diesel factory in Frederikshavn, Denmark.
First Wave Marine Completes Financing
First Wave Marine, Inc. announced that it has closed into a new senior credit facility with Foothill Capital Corporation. The consummation of the financing allowed…
Globe Wireless Announces Promotions
Globe Wireless announced that its Board of Directors has elected Frank Coles as its president and chief operating officer. Coles is a master mariner and holds a Master’s Degree in maritime law.
Transocean Sedco Forex Reports Rescue
Transocean Sedco Forex Inc. announced that its drillship, Peregrine III, has safely rescued the nine-member crew of the survey-and-recovery vessel ALOHA, which was…
Kvaerner Masa-Yards Receives Contract
awarded a contract to provide ice breaking consulting services and model testing for the USCG Great Lakes Icebreaker currently being designed by Marinette Marine…
Meeting of Commission on Ocean Policy
The U.S. Commission on Ocean Policy will hold its third regional meeting on March 7 and 8, 2002 in New Orleans. is to hear and discuss coastal and regional issues…
Ocean Carriers Get Marginal Impact From Capacity Cuts
Total container capacity supply by ocean carriers on the three main east/west shipping trades rose by an average of five percent in 2001 despite the recent attempts…
Court Rules NGM Cannot Deny Validity of Montanari Gas Ship Charters
The English and Isle of Man courts granted injunctions against Navigator Gas Management (NGM) and Vela Energy Holdings Ltd in a dispute over the proposed long-term…
NAVSEA Takes Lead in Repairing Oil Leak from Sunken Ship
Divers from Mobile Underwater Diving Salvage Unit (MUDSU) 1 based at Pearl Harbor, Hawaii, will soon descend into a Pacific lagoon to stop a recent oil leak and…
SECNAV Emphasizes Timely, Skilled Ship Maintenance
"We will continue to utilize our shipyards-both public and private-to maintain our ships in a readiness position," the Honorable Gordon R. England, Secretary of…
Port of Palm Beach Opens New Office and Terminal
The Port of Palm Beach will celebrate the grand opening of the new 100,000 sq. ft. Cruise Terminal and Maritime Office Complex on February 11. Festivities will include…
KMSS Cargo Handling Gets Contract
KMSS has won the contract to supply eight workstation based cargo handling simulators to Maine Maritime Academy. The system will be delivered in spring 2002 and…