Wärtsilä Increases Shareholding In Wärtsilä India
Wärtsilä Corporation, holding at present 51% of the shares in Wärtsilä India Ltd., has made a public offer to the minority shareholders to acquire up to 49% of the shares in the Company.
Navy Lab Researchers Earn Office of Naval Research Award
Dr. Vernon Simmons, former Senior Scientist, Naval Surface Warfare Center, Carderock Division (NSWCCD) and Dr. Yuan-Ning Liu, Chief Research Scientist, NSWCCD, received the annual Dr. Arthur E.
NAVSEA Displays New Technology
Naval Sea Systems Command, led by its commander, VADM G.P. "Pete" Nanos, Jr., showcased some of the more than 330 new technologies, which recently have been identified for Fleet use…
BV OKs Transas ECDIS
French classification society Bureau Veritas (BV) issued a type approval certificate for the Navi-Sailor 2400 ECDIS from Transas Marine. The certification procedures…
Tribon Signs Agreement With Hyundai
The Hyundai Corporation, the largest general trading company in Korea and independent company within the Hyundai group of companies, and Tribon Solutions recently…
How Long Must the Tampa Wait?
Much has been said and written about the fate of the refugees aboard the Norwegian RoRo vessel Tampa and who's to blame. What has not been discussed is what the…
Northrop Grumman Extends NNS Offer
Northrop Grumman Corporation announced that it has extended its pending exchange offer for all outstanding shares of common stock, including associated rights, of Newport News Shipbuilding Inc.
OceanConnect, Boosted by Alliances, Achieves Million-ton Milestone
OceanConnect.com, the global online marketplace for the purchase and sale of marine fuels, announced that the company has reached the million-ton milestone for bunkers…
AAPA Set To Meet In Canada
Port directors, commissioners, staff and other professionals in the maritime industry will soon gather at the American Association of Port Authorities' (AAPA) 90th Annual Convention in Québec City…
Boston Whaler Forms Commercial, Government Product Group
The Brunswick Boat Group has formed Boston Whaler Commercial and Government Products to better focus on these important market segments. Fred Kiekhaefer has been…
Sealift Ship Delivered Ahead of Schedule
USNS PILILAAU (T-AKR 304), the fifth of seven BOB HOPE Class Strategic Sealift ships being built by Northrop Grumman Corporation's Ship Systems sector, departed Avondale Aug.
SCI Calls For Australia To Accept Refugees
The Center for Seafarers Rights (CSR) of the Seamen's Church Institute of New York & New Jersey urged the Australian government today provide safe haven for accept…
New Gasoline Engines from Volvo Penta
Volvo Penta is developing the power output of its marine gasoline engines with up to an additional 20 hp. With power ratings of up to 320 hp, the upgraded gasoline…
Eight modern vessels join LauritzenCool
Polar Uruguay, which were all built in 1992-93 and operate at a speed of 21 knots. Each also offers 529,369 cu. ft.; and 47 FEU on deck. Also joining the fleet are Polarstern and Polarlicht…
Seatruck supports Mersey shiprepair
Heysham-based Seatruck Ferries has drydocked its freight ferry MV Moondance with newly formed North Western Ship Repairers, using Birkenhead's Bidston dock. The…
Telemarine launches version 7 of Bunkerworld.com
London based Telemarine launched version 7 of its renowned flagship website, Bunkerworld.com on August 24. Ben Peters, Technology Chief at Telemarine says: "V.7…
Petrobras Eyes GOM Market For Expansion
Petrobras plans to invest $5.2 billion in foreign acquisitions, mainly in the Gulf of Mexico, to meet a 2005 foreign output target of 300,000 barrels per day (bpd), Reuters reported.
Tankerworld Expands
expanded its coverage of the large tanker markets. The expansion comes after a surge of interest in the website from key tanker market players. unique analysis of the market. insurers.
ThyssenKrupp To Selling Shipping Unit
ThyssenKrupp AG will reportedly gain more than $350 million from the sale of its Krupp Seeschiffahrt shipping unit. The unit, which has annual turnover of about $200 million…
AP Moeller Expects Higher Profits in 2001
According to the company, AP Moeller expects that its full-year group profits to be higher than the nearly $1.2 billion booked in 2000. AP Moeller operates Maersk…
