Maritime Industry Top News
Star Positions Ship In Dubai
Malaysian cruise operator Star Cruises Plc has positioned a 100-passenger vessel in Dubai in efforts to cover West Asia, company officials said. "The coverage of…
Strike Paralyzes Casablanca Port
A strike by approximately 3,000 civil servants and dockworkers stretched into its sixth day Tuesday, and continued to halt operations at Morocco's main port of Casablanca.
Iraqi Exports Almost Double
Iraqi oil exports almost doubled to 2.2 million bpd for the week ended April 14, but the price Baghdad got for its oil fell below $20 for the first time since last October, the United Nations said.
Sanyo Hellas Buys Stake In Torm
Greek holding group Sanyo Hellas has acquired a 16.5 percent equity stake in Danish shipping firm Torm. The transaction was completed on April 17 on the Copenhagen bourse.
Dubai Ports, Oracle Announce Joint Venture
Dubai Ports Authority (DPA) and the Jebel Ali Free Zone announced a joint venture with Oracle Corp. to establish the region's first e-business market. The Dubai…
Egypt's Suez Canal Receipts Drop
Egypt's Suez Canal receipts slipped to $144.4 million in February from $160.8 million in January but up from $139.1 million in February 1999, the Cabinet Information and Decision Support Center said.
Sale Of Stena Line Possible
The chairman of Swedish international shipping operator Stena Line AB told press he can imagine selling the loss-making ferry group. Stena Line - which also operates…
Philippine Ferry Sinks After Collision
A Philippine inter-island ferry slammed into a fish corral at sea early on Monday, disabling its propeller. All 137 people aboard were rescued, the coastguard said.
Transas Unveils GMDSS Simulator
Transas Marine has extended its range of GMDSS simulators by introducing the TGS 4000 system. The new TGS 4000 simulator complements and enhances the existing TGS 2000 and TGS 3000 versions…
New And Notable Deliveries
The 600-passenger dinner cruise vessel; M/V Horizon was delivered to Pegasus Yacht Cruises of New York by Blount Industries on March 5. Measuring 161 ft. (49 m)…
Norwegian Manufacturers Maintain Edge
The cliche “the more things change, the more they stay the same,” certainly applies to the past, current and future role of the Norwegian maritime cluster in the…
Calling All Mariners
Globalstar, L.P. brought its next-generation strategizing to fruition with the release of full commercial access of its mobile satellite service in the U.S. through its distributor Globalstar U.S.A.
Corsaire 13000 Embodies Integrated, Advanced Propulsion System
The new 440-ft. (134-m) monohull high-speed ferry Corsaire 13000 will soon undergo speed trials at the French shipyard Alstom Leroux Naval, and the successful testing…
Reality Checked
Shipowners are about to find themselves under a barrage of propaganda about electronic charts and the display systems that run them. These systems have been around for some years…
Charting The World Electronically
The advent of electronic chart technology has left ship and boat owners with an unprecedented tool to aid in safe and efficient navigation. But while the electronic…
Electronic Engines Power New OSV Breed
The offshore supply vessel market remains as competitive as ever, with companies attempting to lure customers with the best possible value for their day rates and other appealing offers.
Offshore Industry Leaders Invest Heavily In Safety Programs
The offshore oil industry market, by its very nature, is a challenging work environment that poses many safety hazards, particularly for individuals and companies which lack adequate safety training.
DCR Optimistic About Future Of Offshore Drilling Sector
While it may be impossible to predict when offshore rig utilization will begin a meaningful recovery, Duff & Phelps Credit Rating Co. (DCR) has noticed certain industry…
Projections center on When, not If
The cyclical nature of the offshore exploration and production beast is legendary in financial circles, riding boom and bust waves for years at a time. While industry…
Strategic Value Adding Purchasing
An effective purchasing strategy is at the core of successful purchasing departments. Strategies that offer total value to an organization should be the goal of all purchasing organizations.
