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The ITF (International Transport Workers' Federation) is now recommending the carrying of military guards on ships, and is recognizing the use of private armed guards, subject to certain conditions. However, it reaffirmed its position that seafarers should never be armed. On Friday, the global union federation said it is moving closer to having to advise seafarers to cons ...

Rowan Companies, Inc.  (NYSE:RDC) is again talking about spinning off its LeTourneau and land rig businesses.Rowan reported results for the three months ended December 31, 2010, that saw net income of $57.3 million or $0.45 per share, compared to $60.8 million or $0.53 per share in the fourth quarter of 2009.  Revenues were $458.8 million in the fourth quar ...

Many in the U.S. shipbuilding industry find the Coast Guard's logic in determining what constitutes a foreign rebuild to be weird, if not perverse. For instance, in one case, a new inner double hull was not considered a "major component" because it was added piece-by piece.Now Marc J. Fink, on behalf of a coalition of maritime organizations, is petitioning the Coas ...

Cardiff Marine Inc, a Liberian-registered shipping company, was sentenced Wednesday in federal court in Baltimore after pleading guilty to a felony violation of the Act to Prevent Pollution from Ships. The company admitted falsifying records of illegal discharges of oily waste from the M/V Capitola , making false statements to the Coast Guard and other acts of concealm ...

Northrop Grumman (NYSE:NOC) today announced what it called "an important step toward an anticipated spin-off" of its shipbuilding business through wholly-owned subsidiray Huntington Ingalls Industries, Inc. (HII), It said that HHI intends to offer up to $1.175 billion in aggregate principal amount of senior unsecured notes due 2018 and senior unsecure ...

The Port of Los Angeles this month became the first port worldwide to provide Alternative Maritime Power (AMP) to three separate cruise lines. In recent weeks, ships from Disney Cruise Line, Princess Cruises and Norwegian Cruise Line have all taken advantage of  "AMP Mobile" technology developed specifically for the port's World Cruise Center.Alterna ...

Charles G. "Chuck" Raymond is stepping down as Chairman, President and Chief Executive Officer of U.S.-flag containership operator Horizon Lines, Inc. (NYSE:HRZ), while Executive Vice President and Chief Operating Officer John V. Keenan has "been granted a leave of absence."The company reported today that it has entered a guilty plea on a charge of violating an ...

Gladding-Hearn Shipbuilding, Duclos Corporation, Somerset, Mass., has received an order to build a new all-aluminum mono-hull ferry for Fire Island Ferries, Inc., Bay Shore, N.Y.  The vessel’s delivery is scheduled for June 2011.The new 387-passenger ferry is a further refinement of a vessel design concept optimized by Fire Island Ferries since the ...

Three vessels under construction at STX OSV's Niteroi, Brazil, shipyard are to have Rolls-Royce advanced anchor handling systems. The vessel's are on order for DOF ASA's Brazilian operation, Norskan,  for use in deep water oil and gas fields off the coast of Brazil.The contract is valued at over UKP 50 million and includes the supply of a range of innovative R ...

"We are making every effort to help companies understand and comply with the regulations to ensure our nation's vital offshore energy resources are developed safely and responsibly," says Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael R. BromwichBOEMRE will conduct a public workshop March 15, 2011, in New Orleans to discuss new ...