APRIL 2004

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Seetours in market for newbuilding
Carnival's German unit to make announcement "in a couple of months"

Singapore port incentive for ISPS compliance
5% rebate on port dues for early compliance

Kvaerner Philadelphia starts construction of fourth ship
Delivery scheduled foe early 2006

Marshal's sale for OSV's
Five U.S.-flag supply and anchor handling vessels to go on block

P&I Club sets up Philippines medical screening
American Club starts voluntary program

Schat-Harding wins Ultra Voyager contract
Will supply lifeboats and davits for world's largest passenger ship

World's largest common rail dieselcompletes trials
First Sulzer RT-flex96C

DNV fleet tops 100,000 gt
Classification of P&O Nedlloyd Caracas takes fleet to an all-time high

U.S. Ocean Commission releases preliminary report
Makes far reaching recommendations on ocean use

DeSimone named COO of Staten Island Ferry
New York implements key recommendation of GMATS report

New York City gears up for more cruise passengers
$200 million in terminal upgrades and expansion

Jo Tankers enters guilty plea in parcel tanker case
Will pay $19.5 million fine

WMU to use Seasecure training course
IMO unit approves 11-part course and adopts it as part of graduate school curriculum

IMO security cooperation program "in full swing"
Program aimed at helping governments "having a significant impact, particularly in the developing world."

Massive LNG ship building boom ahead?
Study from Ocean Shipping Consultants forecasts major growth

Canada announces details of joint support ships
Three 200 m ships with multimission capabilities to be built in Canada

Kirby buys into container-on-barge operation
Pays $4,220,000 for one-third interest in Osprey Line LLC

Another Washington State pollution guilty plea
Marmaras Navigation of Greece is latest in a string of foreign owners caught by crackdown

CSSC production soars
Chinese shipbuilding giant set to enter world top five at end of year

The Matrix: USCG Style
Latest annual report on port state control indicates how the ISPS security targeting matrix will work

Atlantic Marine extends rig repair capabilities
Adds crane barge with19,000 ton lift capacity

USCG starts International Port Security Program
Visits to foreign ports will start this fall

Canadian Navy to get new ships
US$1.56 billion support ship program announced

Yemen Coast Guard gears up
USCG supplies first boats

MARAD extends National Defense Tanker RFP response deadlines
Phase I proposals now due June 18, 2004

Wärtsilä power for Mutineer-Exeter FPSO
No gas, so diesels will burn treated crude

Australia's Adsteam sells U.S. barging operation
Management buyout of Northland Services

New Hollings' security bill passes committee
But proposed funding mechanism has been stripped out

Acquisition in anchor chain sector
Washington Chain & Supply buys Lister Chain & Forge

Singapore operator orders OSV's in Hong Kong
Ezra Holdings places $11 million in orders with Cheoy Lee

Hollings introduces maritime security legislation
Sets up user fees and penalties--including vessel forfeiture

Entire Evergreen fleet gets ISPS certification
ABS assists in landmark effort

Wartsila power for FESCO icebreaker
Building at Kvaerner-Masa Yards

Lockheed Martin led team unveils latest version of LCS
Says it's "faster, more agile and more maneuverable"

MEPC concludes busy session
Revised regulations on sewage from ships have been adopted by IMO's Marine Environment Protection Committee, which also took a number of other significant steps at its recent 51st session

Sulzer RT-flex orders reach 100 mark
Common rail engines find rapid acceptance

New Zealand Navy project moves forward
Tenix named as favored bidder

European parliament panel condemns Spain
Calls for European Coast Guard

Maersk Line, Limited restructures
Says changes are "sweeping," but gives few details

Canada tightens maritime security regs
New proposals from Transport Canada

Cunard orders "enhanced Queen Victoria"
Carnival reshuffles its capacity aimed at British market

Leadership changes at Conrad
John P. Conrad, Jr. takes helm

MAN B&W introduces S65ME-C
Tailored for Capesize bulkers, but suits Suezmax tankers, too

First orders for Sulzer RT-flex50
Will power double hulled bulkers building in China

Keppel FELS wins semi tender order
Cooperative agreement with Smedvig Asia

Austal to build fifth ferry for HFD
Greek operator books 85 m high speed cat

Alaska to offer leases offshore ANWR
Gov. says state "won't submit to the dictates of America's extreme environmental community"

Deepwater rig market set for upturn
New forecast from ODS Petrodata