OCTOBER 2003

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Tidewater yards set to merge
Earl industries to acquire Moon Engineering

Piracy upsurge could bring eco disaster
Warning from IMB as attacks on tankers mount

ISPS certification crisis ahead?
Lloyd's Register says only 10 ships

NAVSEA in market for new landing craft?
RFP expected early next year says Janes Defence Weekly

Prestige case against ABS proceed
Houston court denies request for dismissal

Shell plans U.S. Gulf offshore LNG terminal
Files for Deepwater Ports Act license

BIMCO supports IACS on bulker double hulls
Wants ships to be "designed for purpose," not just modified single hull designs

MSC eyes HSV's
Is conducting market survey

Kvaerner Masa-Yards delivers Mariner of the Seas
Latest in Royal Caribbean's Voyager series

EU unveils shipbuilding survival plan
LeaderSHIP 2015 proposals unveiled in Brussels

Port security massively underfunded suggests study
Necessary improvments could take 20 years to implement at current funding levels

Maersk Contractors takes delivery of Caspian semi
Named "Lider" in Baku ceremony

Van Dyck nominated as next INTERTANKO Chairman
Will succeed Lars Carlsson

Canada announces new maritime security requirements
Closer alignment with USCG rules

DNV signs ACP agreement with USCG
First for non-U.S.-based classification society

Bush nominates Loy for DHS Deputy Secretary
White House announcement

Maritime Security Rules: What are the major changes?
The DHS has summarized some of the major changes in Coast Guard's just-published final rules implementing MTSA and ISPS

NRC to acquire Foss Unit
Foss Environmental Services acquisition beefs up NRC's U.S. West Coast capabilities

Ports to Ridge: "Where's the money?"
AAPA seeks $400 million for FY '05 TSA port security grant program

IMO Secretary General irked by EU tanker regs
Unilateral action causes O'Neil "serious concern" and "disappointment"

Todd Pacific makes ship repair appointment
Dale E. Baugh named Director of Ship Repair Processes and Resource Development

$23 million FMS award for Electric Boat
Supports U.K. nuclear subs

Another RFA order for Wartsila
New gensets for Fort Austin

New York acts to improve Staten Island Ferry safety
New York City Department of Transportation is implementing several interim initiatives to enhance safety at the Staten Island Ferry.

Tampa Bay Shipbuilding set to get $7 million loan
The Tampa Port Authority voted Tuesday to negotiate a $7 million loan for an expansion at Tampa Bay Shipbuilding & Repair Co.

AMFELS wins $73 million Boeing contract
AMFELS Inc., Brownsville, Texas, is to modify a self-propelled semi-submersible in support of a missile defense system contract.

ABS releases guidance on bridge ergonomics
ABS has released Guidance Notes on Ergonomic Design of Navigation Bridges,

Coast Guard issues final rules on maritime security
Replace interim rules issued in July

NTSB issues subpoena in S.I. ferry probe
seeks to interview Barberi captain

Senesco Marine books fourth 80,000 bbl OPA barge order
Scheduled for September delivery

Management realignment at American Commercial Lines
American Commercial Lines LLC today announced a realignment of senior management responsibilities as its latest step toward emerging from Chapter 11.

Daewoo Shipbuilding plans overseas yards
Five to six facilities in lower labor cost East Asian centers says CEO

Tampa Bay yard seeks improvement loan
Plans a return to newbuilding

EU single hull ban starts
Carriage of heavy hydrocarbons in single hull tankers already prohibited

Wartsila updates Condition Based Maintenance package
New online capabilities

GlobalSantaFE World SCORE heads upward
North Sea uptick boosts Summary of Current Offshore Rig Economics

VT Halter gets contract for second NOAA vessel
National Oceanic and Atmospheric Administration (NOAA) has exercised its option to construct a second Fisheries Survey Vessel (FSV) at VT Halter Marine Inc.

CN to acquire Great Lakes Fleet, Inc.
Canadian railroad CN is to acquire Great Lakes Fleet, Inc., which operates a fleet of eight U.S.-flag Great Lakes bulkers

BG Group orders LNG ships
Three plus option four from Samsung.

Certification for new Senesco Marine dry dock
Senesco Marine's recently built dry dock has received a key certification that has already significantly increased the company's repair business.

Fire on HAL newbuilding
Holland America says a shipyard fire on itsWesterdam newbuilding has been extinguished

Patent dispute ends
Sterna Rederi and Austal Ships issue statement

Ferry investigation will take at least a year
NTSB chairman says probe will "thorough, detailed and based on fact"

Fuel-cell powered water taxi
The first zero-emission, hydrogen-fueled public water taxi on the San Francisco Bay is powered by a fuel cell engine from Anuvu Incorporated

P&I premiums set to rise
Warning from North of England Club

Diamond Offshore reports third quarter loss
Diamond Offshore Drilling Inc. reported a net loss for the third quarter and announced retirement of two semis

Jail, vessel forfeiture for Iraq oil smugglers
Iraq's Central Criminal Court has convicted two men of smuggling Iraqi diesel fuel out of the country on the tanker Navstar.

Staten island ferry service resumes
New York's Staten Island ferry has resumed service as the NTSB starts its investigation into an accident in which 10 lives were lost.

New CEO for Kvaerner Philadelphia
David E. Meehan has been appointed President and Chief Executive Officer of the Kvaerner Philadelphia Shipyard.

"Norway" crew must take case to Philippines rules Miami Judge
Next step is 11th circuit appeal

New CEO for UltraStrip
Stephen R. Johnson takes helm

NY Waterway installs GPS-based tracking system
Benefits include wake wash reduction

First U.K.-flag ship security plans approved
Verification surveys scheduled for November

More orders for Sulzer RT-flex
Containership building surge pushes orders past 2.5 million bhp mark

Lake Express ferry takes shape in Mobile
Austal USA's largest vessel thus far

Kvaerner Masa-Yards licenses revolutionary welding technology
Automatic vision-guided robotic welding system

EU ministers mull maritime matters
Security, pollution on Council agenda

ABB electric power for Hamburg Sud box ships
Medium voltage solution

Tidewater warns on earnings
Tidewater Inc. (NYSE: TDW) announced today that it expects fiscal second quarter financial results to be below current analysts' earnings expectations.

$500 million available for vessel leases
First Ship Lease Ltd., a commercial finance company focused on diverse shipping assets, has closed on financing that allows it to invest in shipping assets, subject to lease agreements, worth in excess of $500 million.

First Chinese-designed Azipod vessel
Survey vessel for State Oceanic Administration

Seaspan Containerlines orders 9,500 TEU box ships
Washington Marine Group's Seaspan Container Lines confirms that it has ordered up to eight (4 +4) 9,500 TEU containerships from South Korea's Samsung Heavy Industries.

Teekay ups dividend
boost reflects growth in long-term, fixed rate business

Lockheed-led team refines its LCS
... and opens Washington, DC, "concept and development center" to promote project

HSV WestPac Express hoists U.S. flag
The 101 m Austal catamaran WestPac Express has achieved another distinction. It has become the first large high speed vessel to be registered and flagged as a commercial ship in the United States.

First Evergreen ship gets ISPS certification
ABS has certified the first Evergreen Marine Corporation (Taiwan) Ltd. containership to IMO's International Ship and Port Facility Security Code (ISPS Code)

Milestone for CATS ferry
The Canadian American Transportation Systems (CATS) high-speed fast ferry marked an important milestone when it was unveiled to the publicfor the first time.

Coast Guard team nabs bandits
Coalition swoop in Arab Gulf

Mooring/fendering acquisition
Dreyfus supply acquires Cortney

Fuel cell research contract
FuelCell Energy, Inc. (Nasdaq: FCEL) reports that it has received a new $954,000 contract award for participation in the U.S. Navy Marine Fuel Cell Technology Verification--Trainer Program.

EU tanker ban enacted
Rules take effect October 21

ABS inks accord with NAVSEA
Agreement calls for joint development of ABS Naval Vessel Rules (NVR) to support the design and acquisition of Naval Combatant Ships and Craft.

Roekke off hook?
Orkla ASA reports "constructive negotiations" on loan

Conrad to build USACE crane barge
$5.5 million award

Bay to build tank barges for Moran
Two 110,000 bbl ocean-class, double-hull, hot oil tank barges

New tugboat design for Penn ATB
Atlantic III from Ocean Tug & Barge Engineering

Odfjell CEO and VP agree to jail in price fixing plea
Norwegian-based Odfjell Seachem AS, one of the largest parcel tanker shippers in the world, and two of its executives were charged today with participating in an international cartel to allocate customers, rig bids and fix prices on parcel tanker affreightment contracts

Guilty plea in oil dumping case
"Magic pipe" could mean jail

Ray of hope on crew visas
BIMCO reports on meeting with State Department