SeaAmerica signs cruise ship agreement with Litton Litton Ship Systems' Ingalls Shipbuilding division, Pascagoula, Missi., has signed a Memorandum of Agreement (MOA) with SeaAmerica Cruise Lines, Inc., Hollywood, Florida. Under the MOA, Litton and SeaAmerica will develop a ship design leading to contract negotiations for the construction of two 42,000-ton, 1,000 passenger cruise liners.
Inmarsat to invest up to $70 million in e-commerce venture Inmarsat is now developing what it describes as "a business to business, e-commerce venture to provide an interactive electronic trading environment for maritime buyers and selected suppliers."
FirstWave settles environmental case The Texas Environmental Enforcement Task Force has concluded an investigation of First Wave Marine, Inc's subsidiary, Newpark Shipbuilding - Brady Island, Inc.
McMoRan and Halliburton in strategic alliance McMoRan Exploration Co. and Halliburton Company have formed a strategic alliance to conduct operations for McMoRan's recently announced major new oil and gas exploration and development program in the Gulf of Mexico.
Leader L 'had structural faults' STRUCTURAL problems on the Leader L - the flag of convenience bulk carrier that sank with the loss of 18 lives last week - were apparent as long ago as 1998, maritime industry sources said yesterday.
SeaFrance places ferry order with Aker Yards FRENCH ferry operator, SeaFrance, has placed a letter of intent with Finland's Aker Yards for construction of what it says will be the biggest and fastest car ferry to operate in the Dover Straits.
NOL makes impressive recovery SINGAPORE'S Neptune Orient Lines has pulled off a stunning turnround from its worst loss in history in 1998 to chalk up a US$94m net profit last year on the back of improved performance of its liner business and logistics sector growth.
Forth Ports profits increase despite big fall in Leith throughput Forth Ports yesterday reported record group tonnage and a 20% increase in pre-tax profits from its ports business during 1999, despite a massive fall in throughput at the port of Leith resulting from a downturn in coated pipe traffic.
Lines face fines over 1991 pact SHIPPING lines involved in an agreement dissolved almost six years ago believe they may be fined by the European Commission.
Colchester port ends operations THE opening of a new £2.3m ($3.6m) agribulks terminal at the Port of Ipswich has effectively marked the end of commercial port operations at Colchester.
New Imabari shipyard hands over first vessel THE only major Japanese shipyard to have been built in the last quarter century has delivered her first ship.
Greenpeace quits rig after Enterprise injunction TWO Greenpeace activists ended their occuption of the Jack Bates oil rig on the Cromarty Firth yesterdfay after Enterprise Oil went to the Scottish High Court and obtained an interdict (injunction) against them.
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