Coast Guard holds Norway in Miami
The Coast Guard continued to hold the NCL cruise ship Norway in port after the Marine Safety Office, Miami, withdrew its Control Verification Exam Letter last Sunday.
Rolls-Royce buys INTERING
Rolls-Royce plc, has acquired INTERING GmbH of Germany for an undisclosed sum.
Army throws FGH a lifeline
Halter Marine, Inc has been awarded a contract from the U.S. Army Tank and Automotive Command (TACOM) for the detailed design and construction of a Logistic Support Vessel (LSV).
GulfMark buys Norwegian PSV operator
GulfMark Offshore Inc. today announced it has reached an agreement to acquire all the shares of Sea Truck Holding AS.
Another drilling merger
Pride International, Inc. and Marine Drilling Companies, Inc.have entered into a definitive agreement to merge
Northrop Grumman gives NNS shareholders all-cash option
Northrop Grumman Corporation has commenced its exchange offer for all the outstanding shares of common stock, including associated rights, of Newport News Shipbuilding Inc
Ship managers to merge
John Denholm, chairman of the J&J Denholm Group of companies and Peter Cremers,chairman of the Anglo-Eastern Group,earleir this week agreed to merge both groups' ship management and crewing operations.
Icebreakergoes to work in Mexico
The Finnish Maritime Administration's Fennica has gotten a summer job
Fredriksen set to bring LNG company to market
John Fredriksen looks set to list Golar LNG first on the Oslo Stock Exchange, then in New York.
Comsat inaugurates advanced Inmarsat-A service
Comsat Mobile Communications has inaugurated enhanced Comsat-A mobile satellite service.
Suit alleges Taylor controls Liberian -flag franchisee
In another of the unseemly spats that do little to enhance the credibility of the open registry system, International Registries, Inc.(IRI) has filed suit against Liberian International Ship and Corporate Registry,
NNS gets $9.3 million CVN 70 contract
Newport News Shipbuilding has been awarded a contract valued at approximately $9.3 million for preparations in advance of the overhaul and refueling of the nuclear-powered aircraft carrier USS Carl Vinson (CVN 70) scheduled for 2004.
Costa targets German market
Costa Cruises, a unit of Carnival Corporation will launch a new cruise product aimed exclusively at the German market beginning in spring 2002.
Cascade General "set to buy back Cammell stake"
According to the Financial Times, PwC, the receiver to Cammell Laird, is close to a deal to sell Cammell's 49 per cent stake in the Portland, Oregon, Shipyard to Cascade General, the majority shareholder.
NNS faces shareholder suits
Four shareholder complaints were filed against Newport News Shipbuilding and members of its board in Delaware Chancery Court last week s
Texaco studies Gulf offshore LNG terminal
Texaco will soon complete a study for the development of a LNG receiving and regasification terminal in the U.S. Gulf of Mexico.
EU sets deadline for Korea
The Council of the European Union says it "strongly supports" theEuropean Commission's intention to launch a WTO procedure if a solution to the shipbuilding dispute with South Korea is not achieved by June 30, 2001.
OMI buys two and sells one
OMI Corporation is to acquire two vessels that are currently on long term time charter. In an unrelated transaction, it will sell another vessel.
Somebody is buying shuttle tankers
OMI is selling the 2000-built LOIRE, a Suezmax tanker with advanced design capabilities that make it especially attractive to shuttle operations. Frontline is selling the sister ship to the same buyer
FGH gets approval for BLM sale
Friede Goldman Halter, Inc. says Judge Edward Gaines has approved the previously announced sale of Brissonneau & Lotz Marine (BLM)
Shell orders two more LNG carriers
Shell International Gas Limited (Shell) announced the order of a further two Liquefied Natural Gas (LNG) carriers; one from the Mitsubishi Heavy Industries and one from Daewoo
Bergesen makes $12 million on newbuilding resale
Norway's Bergesen has entered into a preliminary agreement to sell the tanker Berge Kyoto (296.000 dwt, built 2001) to foreign interests for $83 million.
Ice and floods hit barge line earnings
American Commercial Lines LLC (ACL) reported a first-quarter operating loss of $10.4 million,
Conoco, Alabama Shipyard and Samsung in shuttle tanker alliance
Conoco's wholly owned affiliate, Seahorse Shuttling and Technology LLC, has formalized an alliance with Alabama Shipyard, Mobile, Ala., and Samsung Heavy Industries of Korea to develop a design and construction plan that could have double hulled, dynamically positioned, American-built shuttle tankers ready for service in 2004.
USCG takes penalty action against Alaska cruise ship
The U.S.Coast Guard is taking penalty action against the cruise ship Norwegian Sky f
IMO/ILO draft guidelines on seafarers' welfare
Governments are to be formally urged to require shipowners to provide adequate financial security to cover claims from seafarers in cases of abandonment, personal injury and death.
Incat completes naval mission
An 86 m wavepiercing catamaran built for commercial service has completed its mission with the Royal Australian Navy (RAN) following a two-year charter.
FGH back to work on car carrier, gets letter of intent for OSV
Friede Goldman Halter, Inc. is resuming work on the Pasha Hawaii Transport Lines (PHTL) car carrier and says its Halter Marine unit has a letter of intent for a 220 ft OSV
Rolls-Royce wins pod orders
Rolls-Royce has won contracts to supply podded propulsion systems and deck machinery for Queen Mary 2,
Kurz continues cutting Seabulk losses
"While we have not yet achieved bottom-line profitability, which remains our number one priority, we did post solid quarter-over-quarter gains," said President and CEO Gerhard E.Kurz, reporting first quarter results for Seabulk International, Inc.
Sembcorp Marine unit invests in Brazil yard and
bags FPSO conversion order
SembCorp Marine Ltd subsidiary, Jurong Shipyard Pte Ltd. (JSPL), will be investing about US $8.8 million in newly formed joint-venture company, Mauà Jurong S.A. in Rio de Janeiro
South Korea plans strong WTO defense
Today's South China Morning Post reports officials in Seoul as saying that the European Commission will face a strong defense from South Korea if the commission takes World Trade Organization action against that country's shipbuilding practices.
New deepwater drilling record
Transocean Sedco Forex Inc.says it set a new world record for ultra-deepwater drilling when the company's Discoverer Spirit drillship spudded an exploration well in 9,687 feet of water in the Gulf of Mexico
Strong quarter for Conrad
First quarter results for Conrad Industries, Morgan City, La.were the "best from operations since the third quarter ended September 30, 1998," said president and CEO William H. Hidalgo
Mosvold board takes Frontline offer
PGS in gas-to-liquids venture
FGH stops work on Petrodrill rigs, car carrier
Northrop Grumman makes counterbid for NNS
Strong tanker market boosts Frontline earnings
OSG income soars
EC sets out strategy to counter "unfair" Korean shipbuilding practices
Another construction vessel for Horizon Offshore
AMCV earnings hit by price competition
$42.2 million contract mod for EB
USMR to acquire Hawaii yard
Schat-Harding wins Queen Mary 2 lifesaving contract
Motions, pay cuts and sea trials at FGH
Taiwan yard "faces bankruptcy"
Røkke loses latest Kværner bid in squeaker
Rep. Gene Taylor to keynote Gulf Offshore
ABS to develop Brazilian offshore regulations
Cruise market sails past 12 million passenger mark
Intercargo publishes bulker loss report
FGH retains reorganization advisors
Broström benefits from strong freight rates
Maritrans reports improved earnings
Wärtsilä to acquire Ciserv
BV calls for class cooperation
Bender seeks control of Tampa Bay Shipbuilding
Tim Colton opens new maritime consultancy
Ocean Rig private placement oversubscribed
Big FPSO contract for ABS
EC says Korean shipbuilders still pricing below cost
Litton Ingalls gets $196.5 million LHD 8 contract
NTSB releases Ecstasy fire findings
MEPC moves on TBT and more