A ship security concept being marketed out of Houston would be a welcome tool for authorities if terrorists tried to hit the Port of Houston, the FBI said Thursday. While the agency doesn’t endorse commercial products, Special Agent Jim Walsh said, a remote-control security system like that develope
The Manitowoc Company, Inc. (NYSE: MTW) announced today that it has signed a contract with the Naval Facilities Engineering Command, Department of the U.S. Navy, on options for the Improved Navy Lighterage System (INLS). The Navy selected Manitowoc Marine Group in 2003 to build the INLS, and the fir
A new effort to open waters off Virginia Beach to drilling for natural gas is likely to fail on the floor of the House of Representatives and
Representatives from Ararat Rural City and the Ararat RSL attended the Naming Ceremony for the Armidale Class Patrol Boat `Ararat’ in Western Australia last Saturday. The Naming Ceremony for the sixth and seventh Armidale Class Patrol Boats to be launched was held at the Austal shipyard in Henderson
City Commissioner John Feind said he still needs some answers before he’ll back any one option to keep the city’s beach from eroding away. He wants to know how much an alternative to dredging will cost including all of the permitting and planning, and he wants to know what all of his options are for
ABN AMRO ONE has travelled 68 nm since 1600 GMT continues to lead the fleet but more than a day after leaving New York there are still only ten miles between the first six boats. Speeds over the last six hours average at just short of 12 knots, but in the last hour the fleet […]
Kongsberg Maritime AS signed an agreement today to acquire roughly 76 per cent of Fantoft Process Technologies AS. The purchase price is approximately 67 million NOK based on acquiring 100% of the shares. The agreement is contingent on more shareholders accepting the agreement so that Kongsberg Mari
There has been a seven per cent increase in the number of jobs created during 2005 in the offshore UK oil and gas industry, according to a new report. Economic consultancy Experian found a total of 365,000 jobs had been created as a consequence of the
Clearing a path for energy exploration near the shores of Florida, the House Appropriations Committee voted Wednesday to allow drilling for natural gas in the Outer Continental Shelf starting in 2012. The committee action, on a 37-25 vote, sets up another confrontation over energy policy when the bi
Petroleos de Venezuela SA said it will buy 18 oil tankers from China for $1.3 billion (U.S.) as South America’s largest oil firm seeks to boost exports to Asia. Orders for the tankers were placed with China State Shipbuilding Corp., and China Shipbuilding Industry Corp., a Petroleos de Venezuela spo
Shipyard capacity needs to be vastly upgraded to meet growing world demand for LNG (liquefied natural gas) vessels since transport is a key element in the LNG supply chain. Global LNG experts who were in Doha to attend a two-day forum on Middle East LNG shipping that concluded yesterday, equivocally
Business is booming at the Arab Ship Building and Repair Yard (Asry) in Bahrain, which reports a net operating income of $44.7 million for the first four months of this year. Sixty-eight vessels, including many Very Large Crude Carriers (VLCCs), were repaired or booked for repair, the shipyard’s boa
Imtech N.V. announces that the intended acquisition of Radio Holland Group, an international specialist in marine satellite and radio communications, automation, and observation and navigation systems is definitive. The acquisition has been approved by both the NMa (Dutch Competition Authority) and
An explosion rocked an oil tanker undergoing repairs near the Philippine capital of Manila, triggering a fire that injured two crewmen before it was contained, officials said Thursday. Coast Guard chief Vice Admiral Arthur Gosingan said welding work was being done on one of M/T Daniella Natividad’s
