JANUARY 2005

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Graykowski joining OceanBlue Express
Will be Washington adviser to Roekke start up company

Box ship in radiation scare
Gauge used to check fire detectors causes alert

Roekke rolling on shipping line plan
Competition for Matson and Horizon?

Keppel FELS wins $85 million rig upgrade contract
Ocean Endeavor to be upgraded

K-Sea reports strong second quarter
Operating income up 32 percent

Union says ships should be designed to cope with giant waves
NUMAST says large waves should no longer be considered "freak"--and ships should be designed accordingly.

Hijacked tug and barge recovered
Malaysian police find Indonesian vessels in local shipyard

Cheniere moves ahead on giant LNG terminal
Will be able to handle 250,000 cu.m ships

Tax changes heelp International Shipholding
Job Creation Act gives net income a $7.728 million fillip

Kirby reports record earnings
Success despite major navigational delays

WCC donates satphones for tsunami relief
Iridium-based communications assist Mercy Corps mission

VT Halter Marine to build third NOAA FSV
Delivery scheduled for 2007

Seabulk Offshore adds to fleet
Takes deliveries in Brazil and Singapore

Major Navy contract for Chouest
Worth potential $241 million

BC Ferries's Queen of Oak Bay gets upgrade
Canadian $40 million project

New ASA leadership
Casey takes helm at shipbuilding association

EU meeting on maritime R&D
"Waterborne Transport Technology Platform" launched in Bremen

Recent Navy contracts
Awards to Norshipco, Electric Boat and Bath Iron Works

Farstad cancels PSV contract
Commercial risk too great to build vessels on speculation

COSCO orders world's largest box ships
HHI will deliver four 10,000 TEU giants in 2008

Incat fast ferry delivers relief aid on delivery trip
Tasmania to France, via Jakarta

Davis, Taylor form Congressional Shipbuilding caucus
Getting ready to fight proposed Navy shipbuilding cuts

French seize Teekay tanker
Civil parties in containership pollution case take action

Austal USA gets set to build bigger
Groundbreaking ceremony marks start of Northern Expansion

Hatch cover problems still bringing caro damage claims
North of England P&I gives loss prevention warning

Master convicted of intoxication
Says he only had four beers

Anonymous e-mail puts Norwegian PSV deal at risk
Norsk Hydro to issue new invitations to tender for PSV services

Aurora cancels world cruise
Problems with electric motor

Fatal barge explosion closes Chicago canal
Clean up and salvage operations in progress

OSG completes Stelmar acquisition
Creates 12.8 million dwt combined fleet

MC shipping sells containerships
Ships will continue on charter to Maersk

ConocoPhillips files application for offshore LNG terminal
Beacon Port Clean Energy Terminal will be 56 miles offshore Louisiana

Rowan profits soar
All time quarterly high

Neptun to modernize AIDAcara
Fourty-four cabins to get balconies

Feds challenge Massachusetts spill law
Suit filed in U.S. District Court

NTSB opens S.I. ferry accident docket
Material described as "factual...does not provide any analysis"

New MSP line-up
Three Maersk ships to be operated by OSG could be NDTV "placeholders"

Ship management shake up at Golar LNG
Opens new offices in cooperation with Barber and Thome

Fines, probation in pollution case
Oil record book was falsified

Ulstein wins PSV order
P101 ordered by Island Offshore

Stowaways found in LA containers
32 Chinese males found in two containers

Wartsila to produce thrusters in China
Wuxi plant to build Lips transverse thrusters for world market

Kinnock to advise BIMCO
Brussels, too, has revolving doors

C-TPAT Startegic Plan published
Explains "visions, goals and plans"

U.S. to have enhanced tsunami warning system
$37.5 million plan will see more NOAA DART buoys

Stolt-Nielsen wins round in antitrust fight
Court says DOJ must honor amnesty deal

Aker Arctic Technology starts operations
Third generation ice lab in works

MAN B&W diesels for OSG LNG ships
Each of four will have two heavy fuel burning 6S70ME-C engines

ACL LLC comes out of Chapter 11
Equity transferred to new parent

Economou in dry bulk IPO
DryShips, Inc. files F-1 with SEC

Wartsila to take over Deutz marine engine service business
Euros 115 million acquisition

Incat ferry at work in Trinidad and Tobago
Bay Ferries finds winter work for The Cat

Brooklyn cruise terminal plan moves forward
City signs lease with Port Authority

CMA picks 2005 Commodore
It's Teekay's C. Sean Day

Maritime organizations coordinate tsunami response
Meeting at IMO headquarters

Bollinger Gulf Repair dedicates new dry dock
351 ft long floating dock dedicated by Louisiana Governor

$586 million Navy award to NASSCO
Seventh and eight T-AKE ships

Bush picks Chertoff for Homeland Security Secretary
Nominated to succeed Ridge

Golar LNG buys stake in U.S. Gulf offshore terminal venture
Invests $3 million in TORP technology

Kvaerner Philadelphia starts tanker construction
Buys Hyundai Mipo Dockyard technology as it pursues 10 products tanker project

Schubert steps down
Jamian to assume role of Acting Maritime Administrator

Maritime Advisory Security Committee named
Twenty members form panel to advise Coast Guard

HHI delivers first "On-ground Build" ship
Applying offshore construction techniques to shipbuilding

Hapag Lloyd orders mega containerships
Three 8,600 TEU units from HHI

Raymond named to National Maritime Security Advisory Committee
Appointed for five year term

MARAD postpones defense tanker announcement
Revised date for award not yet set

Flurry of China orders for MacGregor
December orders for 37 hatch cover ship sets

Angelo joins Intertanko
Former USCG Director of Standards for Marine Safety becomes INTERTANKO Director--Americas and Regulatory Affairs

House creates Homeland Security Committee
Rep. Christopher Cox expected to be Chairman

Mitsui USA takes equitu stake in EnerSea
May also be equity participant in maritime gas transportation projects

Tanker strikes Mississippi pier
USCG investigates

IMO coordinates post-tsunami maritime structure restoration
Ports, navigational aids need to be in effective working order as soon as possible

$114 million USCG contract
Second WMS Maritime Security Cutter Large

CSSC on track to be world's largest shipbuilder
Goal is No. 1 position by 2015

Carnival orders newbuild for Costa
Euros 470 million Concordia class from Fincantieri

Port Security Grant program's real problem: No money
AAPA says IG report criticism "misses mark"

Singapore licenses ferry operators
Aim is to increase port security

Keppel FELS kicks off 2005 with jack up
$110 million unit for Vietnam