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Hyundai Heavy takes over former Halla shipbuilding operation
South Korea's Hyundai Heavy Industries plans to take control of what is now called Samho Heavy Industries
EC says Koreans still underpricing ships
There has been no improvement in the market and no change in the behaviour of South Korean yards, says fifth European Commission report on world shipbuilding
Jeffboat workers strike
The labor contract between Jeffboat Teamsters Local 89 expired at midnight , April 29, at which time Jeffboat employees elected to go out on strike.
Navy goes for Gold in DD(X) selection
The U.S. Navy has selected the Northrop Grumman led Gold Team to complete the system design for the Navy's advanced, 21st century surface combatant
Coast Guard makes arrests in fraudulent document cases
Mariners on ships visiting Miami have been arrested for using fraudulent merchant mariner licenses and training certificates.
Breaux introduces port security legislation
Ongoing port security concerns expressed by experts nationwide are now being addressed in legislation introduced yesterday by Senator John Breaux (D-La.).
ECO deepwater fleet keeps growing
Edison Chouest Offshore (ECO) is nearing completion of its 60th vessel for deepwater operations.
FGH completes AmClyde sale
Friede Goldman Halter, Inc. has closed the previously announced sale of its AmClyde Division
Cruise lines face ballast water suit
A lawsuit filed yesterday by environmental groups seeks to stop cruise ships from violating state law when discharging untreated ballast water into California waters.
German shipbuilder cooperates with Iranian yard
Iran's Islamic Republic News Agency says that Germany's Thyssen
Nordseewerke (TNSW) has signed a memorandum of understanding with Iran's Sahel Shipbuilding Industries.
HAL exercises option for fifth Vista
Carnival Corporation's Holland America Line has exercised an option with Fincantieri-Cantieri Navali Italiani S.p.A., to build a fifth 1,848-passenger Vista-class ship
Sohmen takes stake in Bergesen
In a statement to Oslo Stock Exchange today Tauro Company Limited is informing the Stock Exchange that it is the the beneficial owners of 6.026.902 shares in Bergesen d.y. ASA, which have been registered in the name of HSBC Investment Bank PLC.
$18 million pollution penalties for Carnival
The Miami Herald reports that Carnival Corp pleaded guilty to federal charges relating to it falsifying records after it discharged contaminated oil,
Security issues include "transparency"
When IMO's Legal Committee considers security next week, "transparency of ownership and control" of ships will be high on the agenda.
Incomplete applications add to Coast Guard licensing crunch
A rise in the number of incomplete mariner applications being submitted is worsening an already severe licensing backlog
Security fee to transit Panama Canal
The Panama Canal Authority has announced security enhancements. Shipowners will pay for them.
Canadian anger over FGH's Marystown profit
Canadian media find FGH got C$7 million for a yard it bought for $1.
Record year for New York Fast Ferry
Lighthouse fast Ferry reports booming revenue and ridership for its New York Fast Ferry operation
Plan to buy Delta Queen assets
The largest operator of European River cruises plans to bid for certain Delta Queen Steamboat assets
Strong shipbuilding sales for Manitowoc
Manitowoc's Marine segment reported strong first-quarter results
Shipbuilding pays off for Northrop Grumman
First quarter 2002 results announced by Northrop Grumman indicate that its decision to acquire a substantial chunk of the U.S. shipbuilding industry is paying off.
FGH logs massive non-cash writedowns for 2001
Friede Goldman Halter's 2001 Form 10-K records a $401.6million loss
Torch Offshore takes delivery of Midnight Express
Torch Offshore, Inc. has completed the purchase of the Smit Express from Smit International
Statoil takes stake in new deepwater technology
Norway's Statoil has taken a 12 per cent holding in Atlantis, a Norwegian company with a patented technology for deepwater drilling and production
Canal Boats launches its fourth
Canal Boats. Inc., Ft Lauderdale, Fla., has launched the Michele, a hybrid-electric small ferry utilizing a steerable drive system able to run on batteries or on power from a biodiesel-fueled generato
More newbuilds for HOS
HORNBECK-LEEVAC Marine Services, Inc. announced today that its board has approved a new vessel construction program for Hornbeck Offshore Services, LLC.
Delivery set for Olympia Explorer
Royal Olympic Cruise Lines Inc. and Blohm + Voss GmbH have finally reached an agreement on delivery of the fast cruise ship Olympia Explorer.
Hydrogen power for ships
Millennium Cell Inc., says its trademarked "Hydrogen on Demand" fuel system will be used to demonstrate the utility of hydrogen fuel for generating power for ships and facilities in ports.
Wärtsilä hoists flag over John Crane-Lips
Wärtsilä and the Smiths Group have completed the agreement transferring marine propulsion supplier John Crane-Lips to Wärtsilä.
USCG selects next First District Commander
Rear Admiral Vivien S. Crea has been selected to become the 38th First Coast Guard District Commander
French firm unveils its strategy to build next British carriers
A group led by French defense contractorThales (the one-time Thomson-CSF) yesterday announced its strategy for the shipbuilding phase of the U.K. MoD's future carrier (CVF) programusing U.S. oil patch expertise.
EC starts "detailed" probe of Carnival's Princess bid
Saying that there are "serious concerns," the European Commission has launched a detailed investigation into the proposed takeover of P&O Princess by Carnival Corporation.
SeaWave completes state-of-the-art station, appoints new sales director
Maritime wireless communications specialist SeaWave has completed a new, state-of-the-art communications station and hired former Cruisephone VP Chuck Gibson as director of sales
OECD urges action on substandard shipping
Classification societies might have to be licensed by IMO if proposals made by the Maritime Transport Committee of the OECD (Organization for Economic Cooperation and Development) are taken up.
Singapore suspends another bunkerer
The Maritime and Port Authority of Singapore (MPA) today suspended the licenses of Tyson Marine Pte Ltd to operate as a bunker supplier and a bunker craft operator
P&O Princess introduces new brand, reshuffles fleet
Take-over target P&O Princess is adding a brand and switching ships around
Telenor makes Inmarsat Fleet service available
Telenor Satellite Services announced today that Inmarsat's new Fleet service is now available to customers globally.
Box lines cut string
Klaveness takes over Maersk Bulk geared Panamax activities
AMFELS delivers semisub
$83 million order for AMFELS
New chairman and MD for Ocean Rig
USCG and Hawaii use web solution to boost maritime security
LR warns: Coast Guard cracking down on MARPOL compliance
Washington State settles ferry wake suit
Reorganization at Heidenreich
Alford quits FGH