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POSTINGS FOR
2000
MAY
FGH
to sell repair yards to Bollinger
Friede Goldman Halter, Inc. has signed a definitive agreement
to sell its vessel repair unit to Bollinger Shipyards, Inc. of
Lockport, La for $80 million
Start-up
cruise line signs for two ships from Harland & Wolff
Northern Ireland's Harland and Wolff has been awarded a letter
of intent for the design and construction of two 28,000 gt, 380
passenger luxury cruise vessels,
Friede Goldman settles Petrodrill dispute
Friede Goldman Offshore Texas has reached an agreement with Petrodrill
IV Ltd. and Petrodrill V Ltd. ("Petrodrill'') regarding
contract disputes over construction of two deepwater semisubmsersibles
Bergesen
to cut number of Norwegian, British officers
Norway's Bergesen plans to replace a number of Norwegian and
British seafarers onboard its vessels with officers and others
from other countries.
CMB unit in long term LNG shipping deal with Enron
Exmar, the gas transportation operating company of CMB has entered
into a long-term agreement with Enron, for the transportation
of LNG.
Litton awarded $41.7 million for Aegis destroyer
engineering, planning services
Litton Industries says that the U.S. Navy has awarded Litton
Ingalls Shipbuilding a $41.7 million cost-plus-award-fee contract,
under which Ingalls will continue to provide engineering and
planning support services to the Navy's DDG 51 Class Aegis guided
missile destroyer program.
New
charterparty
BP Amoco Shipping and BIMCO have
developede a new standard tank time charterparty, code named
BPTIME3.
Frontline
unveils plan to absorb Golden Ocean
Bermuda-based Frontline Ltd. has signed an agreement with the
Golden Ocean Group Limited under which the two parties will propose
a joint plan for a financial restructuring of Golden Ocean. (the
"Golden Ocean Plan").
Mosvold orders VLCC
Norway's Mosvold Shipping and Samsung have agreed upon the terms
of a shipbuilding contract for the building of one with
the option of further one crude
oil carrier of about 308,000 dwt
Schat-Harding keeps it safe and simple
Schat-Harding has introduced a new series
of simple, easy-to-maintain and space-saving boats and davits
ICR marine gas turbine completes development phase
An industry team led by Northrop Grumman Corporation's Marine
Systems business unit has successfully completed the U.S. Navy's
development phase of the Intercooled Recuperated (ICR) WR-21
marine gas turbine engine program.
New
fast ferry for Steamship Authority
One week ahead of contract schedule, the Woods Hole & Martha's
Vineyard Steamship Authority has taken delivery of a Derecktor
41-mhigh-speed catamaran ferry
Warning on vessel arrests in Egypt
The London P&I Club has warned its members about a spate
of vessel arrests in Egypt, and in particular the port of Suez,
ExxonMobil predicts bunker price rise following
new EU laws
ExxonMobil Marine Fuels (EMMF), the world's largest supplier
of marine fuels, believes prices are likely to increase significantly
for low sulfur HFO sold in Europe when current EU guidelines
become law.
Japanese
giants plan shipbuilding merger
Ishikawajima-Harima Heavy Industries Co.,
Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding
Co. are reportedly in talks to integrate their shipbuilding businesses
Fire-damaged cruiseliner cleared for safe operation
Holland America Line reports that the Nieuw Amsterdam was cleared
for safe operations last evening by the U.S. Coast Guard, following
an inspection of fire damage to crew quarters that occurred earlier
in the day.
Coast Guard allows damaged Alaska tanker to sail
for repairs
After holding the tanker Long Beach in Valdez,
Alaska, because it sustained a hairline fracture in its hull,
the Coast Guard Captain of the Port (COTP) has released the vessel
to sail for Long Beach, Calif., to make permanent repairs.
Maersk orders tankers from China
China's Guangzhou
Shipyard International is to build build eight 35,000-dwt
products tankers for the A.P. Moller Maersk Group
Stolt Offshore plans refinancing
Stolt Offshore S.A. plans to replace its three largest existing
banking arrangements with a new $400 million revolving credit
facility. In addition to the bank refinancing, Stolt-Nielsen
S.A. (SNSA), the parent of Stolt Offshore, will make an additional
investment of $100 million through the purchase of 9.43 million
Stolt Offshore Class A Shares.
Royal Caribbean moves to expand its European business
More
consolidation on inland waterways
Red
ink and dwindling backlog at FGH
Busy
agenda for key IMO meeting
Bingo
9000-1 is 82.19% complete
Chinese
yards on engine ordering binge
Answer
to maritime manpower shortage: Eastern Europe?
Globalstar
USA introduces maritime kit
MTN
buys CruisePhone assets
P&O
acquires Festival
Trico
sells liftboats to Superior
Harland
& Wolff wins order for advanced passenger vessels
Tanker
captain arrested for concealing leak from U.S. Coast Guard
OSG
results reflect improving tanker market
Kvaerner
shipbuilding operations back in black
Hvide
losses continue
Mobex
acquires Watercom from American Commercial Lines
Washington
State lawmakers seek to reclaim power to regulate tankers
European
Commission keeps up pressure on
Korean shipbuilders
$22
million contract for NASSCO
Marad
announces RRF management contracts
MODEC
restarts MOSES TLP construction
Rowan
commits to Super Gorilla XL
RINA
adds more exclusive surveyors
ExxonMobil
Marine Fuels moves into e-trading
Visma
Marine in e-commerce alliance
Dredges,
too, face tough air emission regimes
Contract
for Alaska adventure cruise vessel
FirstWave
and A&P Group UK in strategic alliance
APRIL
Crewboat "Charles
F McCall" joins sister "Sara"
Sun
Microsystems chosen for key Gold Team DD-21 element
PGS
revenues increase
Trico
Marine reports more losses
Development
of Norway's Kvitebjørn and Grane fields
NOL
subsidiary orders VLCC's
Norway
ups budget request for Bazan frigates
Income up at Teekay
Sulzer
RTA96C past the 50 mark
European
Commission renews block exemption allowing consortium agreements
in shipping
Navy
contract for NORSHIPCO
RFP:
Full-Scale design studies of ballast water treatment systems
RINA boots out
22 ships
Britain
will spread defense orders among U.K. yards
Law
firm invites investors to join class action against Carnival
Hvide Marine elects
Gerhard Kurz CEO
Don't
write off Taiwan destroyer deal just yet
UDS
and Ceres Hellenic in Suezmax deal
$300 million Nigeria
project includes major FPSO
.Star switches Meyer
Werft newbuild to NCL brand
Taiwan
seeks to order four Aegis destroyers from U.S. yards
Hvide
forced to sell more vessels
Friede Goldman
Halter sells yacht division
Improved results
from Rowan
NNS
chairman's pay doubles
Meeting
on managing High-Speed Commercial Vessel Traffic
European
Commission approves shipbuilding aid schemes in Netherlands.
Change
of tack at Ocean Rig
EC and Korea sign
shipbuilding agreement
New
ownership for Davie
Another
HAL newbuilding order
Chiles goes to
Keppel for ultra premium jackup
RINA
says Erika cracking could have been controlled
Cruise
industry employees sentenced for Alaska pollution
LNG carrier order
Kvaerner pulls
out of Masa-Yards sale
Canadian 88 Energy
and Kerr-McGee team up for
Nova Scotia deepwater play
Heavyweight
backing for bulk shipping e-site
Finnish
bid for Masa-Yards reported as ended
CP
Ships to acquire CCAL
Korean
group to invest in Indonesian shipbuilding
GATX and IMC in
chemical tanker joint venture
New
orders for Friede Goldman Halter
Brazil joint
venture by Friede Goldman
Problems
mount at Hvide Marine
Liberia
to hold inquiry into Martina casualty
ExxonMobil merger
creates world's leading bunker supplier
NEWS STORIES FOR JANUARY-MARCH 2000
News postings
for September-December 1999
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