Maritime Industry Top News
USCG To Revalidate Merchant Marine Licenses
The U.S. Coast Guard has mapped out a recall and verification program for merchant mariners' licenses and documents issued throughout the past several years from a branch licensing office in San Juan…
MAN B&W Sets Sales Records With Four-Stroke Engines
MAN B&W Diesel and their licensees have received the 500th order for the 32/40 series of its four-stroke engine - bringing the total output of the engine sold to…
NovAtel Awarded Galileo Contract
NovAtel has been granted a contract by the European Space Agency (ESA) for definition work on Galileo, the proposed European satellite navigation system. The $126…
MMA Educates On The Importance Of At-Sea Medical Care
Massachusetts Maritime Academy (MMA) is focusing on the significance of medical care onboard ships with its new USCG/STCW-approved Medical Care at Sea - Person in Charge (PIC) course.
MAN B&W Diesel Canada Elects New Sales/Marketing Director
MAN B&W Diesel Canada has appointed Roger Noseworthy as director of Sales & Marketing. A sales and marketing professional with previous experience in the automotive…
Sait-Stento To Divest Sait Communications
Sait-Stento has signed a Memorandum of Understanding with Telenor Broadband Services, a subsidiary of Telenor with plans to sell all of its shares in Sait Communications…
Heindenreich Marine Develops Product Tanker Pool
Heindenreich Marine has created a new global clean petroleum product tanker pool - Dorado Tankers - to be managed from Heidmar's new office in Darien, Conn. The…
Aker Constructs Vessel Trio For Scottish Northlink
Aker Finnyards and Northlink, a joint venture of Caledonian MacBrayne and Royal Bank of Scotland, have agreed to build two passenger RoRo vessels for the ferry service…
Damaged Tanker Held By Coast Guard
A damaged tanker, Castor, carrying 29,000 tons of gasoline is being held outside Moroccan waters by the Coastguard, its Greek operator Athenian Sea Carriers said.
BDI Down Slightly
The Baltic Dry Index (BDI) shed two points to 1,594, the Baltic Panamax Index (BPI) gained five points to 1,573, the Baltic Handymax Index fell 32 points to 9,311…
Frontline Buys Back Shares
Frontline has through market purchases executed January 3, 2001 bought back 257,300 of the Company's common shares. The shares have been bought back at a price of NOK 109.82.
Pakistan Gas Demand Expected To Double
Pakistan's demand for natural gas is anticipated to double by the year 2005, an increase which the country require an increase in gas imports, the state-run Sui Southern Gas Company (SSGC) said.
IHC Caland Wins Multiple Orders
IHC Caland NV won orders worth about $141.9 million. The orders include building a RoRo ferry for a French client, an offshore support vessel for a British firm…
Halter Marine Gets $400 Million Project For Egyptian Navy
Halter Marine has been chosen by the Egyptian Navy to construct four Ambassador MK III Fast Missile Patrol Craft (FMC). The vessels will be the continuation of the Ambassador Class Patrol Craft…
Coflexip Stena Offshore Continues Fleet Modernization
Coflexip Stena Offshore reported that its decision to take the vessel FlexService out of commission. The CSO fleet, which is known as one of the largest in the industry…
Haji-Ioannou Considers Buying Osprey's Clean Tankers
Airline chief Stelios Haji-Ioannou's tanker company Stelmar has abandoned its bid for the First International fleet of clean tankers and is now reportedly considering…
Festival Cruise Signs With MTN
Maritime Telecommunications Network, Inc. (MTN) signed a five-year agreement with Festival Cruises, Inc., effectively equipping the company's next two newbuilds…
Haji-Ioannou Considers Buying Osprey's Clean Tankers
Airline chief Stelios Haji-Ioannou's tanker company Stelmar has abandoned its bid for the First International fleet of clean tankers and is now reportedly considering…
Westfalia Separator Tapped By NASSCO
Westfalia Separator has received an order from NASSCO for fuel oil and lube oil separators to be implemented on a pair of ice strengthened, environmentally safe…
LMS Wins RFA Ship Refit Contract
The Ministry of Defense has awarded a contract to Litton Marine Systems to install an ISIS 2500 alarm monitoring and condition assessment system on the auxiliary supply ship RFA Ft. Rosalie.
