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NEWS STORIES FOR MAY & JUNE, 2002

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NEWS STORIES FOR JANUARY-MARCH 2000

Carnival Cruise Lines assigned 112,000 gt newbuild
Part of five ship order placed with Fincantieri last year

GL and HHI unveil 13,000 TEU containershp design
Twin engine, twin screw propulsion for 382 m giant

Hornbeck Offshore prices share offering
Stock offering and notes set to raise $290 million for newbuild program

Incat Designs (Sydney) and Crowther Designs merge
Australian designers combine their expertise

Crowley Maritime to acquire Titan Maritime
deal expected to close within 30 days

OECD shipbuilding talks collapse
officials "agree to a pause"

International Shipholding adds U.S.-flag PCTC
but pretax hurricane related losses could exceed $1.8 million

Senate panel seeks $1.1 billion for DD(X)
Takes very different approach to House

CP Ships reflags vessel for MSP
opens new D.C. office

Kleven Verft to build AHT for Rem Maritime
UT 712 L for January 2007 delivery

Maersk to pay $500,000 fine
False entries in Oil Record Book

Bonner steps down from CBP
Chertoff issues statement

Maritrans says Jones Act waiver impact will be minimal
Fleet operating at pre-storm utilization rates

Wartsila and MHI in strategic alliance
looking at "various possibilities" in two stroke market

Blohm + Voss to drydock Queen Mary 2
yard personnel board ship in Southampton

Noble reports rig damage
reports breakaways and damage

Tidewater fleet escapes Rita
but New Orleans HQ may be out of service "for several months"

Horizon Lines lowers IPO sights
prices shares at $10

Rita offshore damage toll mounts
Hurricane damages platform, sets rigs adrift

Bush waives Jones Act again
said to increase flexibilty of fuel distribution

Hornbeck announces major newbuild program
Adding to both OSV and tug barge fleets

No Rita damage to Horneck Offshore fleet
Covington, La. HQ back in operation

USCG works to reopen ports and waterways
post-Rita assessments continue

Shipowners spend more on repairs and maintenance
but freight boom is leading to slacker financial discipline

Rita overflights show moderate damage
Some aids to navigation off station

BC Ferries signs LOI for new ferry
Intermediate vessel will replace Queen of Tsawwassen

Ag lobby seeks Jones Act waiver
writes letter to Bush

Gazprom signs LNG transportation MOU
Joint studies with Japan's ITOH and MOL

Sembcorp Marine unit buying Texas yard
Possible plans for jackup newbuilding?

ENSCO orders ultra deepwater semi
Places order with Keppel FELS

Hereth to head Texas response to Rita
Chertoff turns to Coast Guard again

Manitowoc Toledo unit files layoff notice
Tells Ohio that 86 workers will be laid off.

Rita races for Texas
Offshore facilities evacuate and USCG gets ready to respond

SeaDrill orders semisubmersible
$496.5 million contract with DSME

116,000 gt newbuild for P&O Cruises
Part of five ship Carnival agreement with Fincantieri

OSG unit files IPO statement
Double Hull Tankers, Inc. will acquire seven OSG ships, then charter them back

USCG restoring Gulf Coast merchant mariner services
Provides alternatives to New Orleans REC

Aries Maritime in newbuild purchase/charter deal with Stena
Takes two Panamax products carriers

Navy contract for Detyens
Overhaul, repairs and drydock of USNS Supply

Fincantieri to build ice-class cruise ship
Norway's OVDS to offer Greenland program

Treasury Guidance on Jones Act waiver
Your CPA will explain it...

Carnival reports record quarter
Robust demand for cruise vacations continues

Finnjet heads for Baton Rouge
Temporary housing for LSU medical faculty

Trinity Yachts to buy Gulfport yard
Will be able to build superyachts up to 400 ft long

Washington State rethinks ferry project
Will rebid car ferries

Dolphin rescue in Gulfport
Navy gives dolphins a temporary home

New license requirements for towing vessel operators
Deadline is May 21, 2006

VanEnkevort to take over Port Erie shipyard
Second largest shipyard on Great Lakes

Coast Guard forms response and recovery task force
Will identy actions needed for restoration of Maritme Transportation System

USCG icebreaker contract for Todd Pacific
$7.2 million in more work on Polar Sea

Manitowoc Marine reportedly ending Toledo operation
Tells port authority it is ending lease

More Bollinger yards back in operation
33 of 40 dry docks now operating

Maritime union officials indicted on racketeering counts
AMO officials charged

USCG speeds post-Katrina mariner documentation
Other REC's pick up New Orleans workload

More states act on ballast water
GAO reports U.S. still vulnerable to invasive species

California cruise traffic soars
latest MARAD cruise stats

Navy moves to protect ships against terrorists
Ship Protection System contract for Northrop Grumman led team

BC Ferries buys ferry from Utah
Sister to K ships never used in salt water

Bender pushes ATB frontiers
Maritrans units will be "industry benchmark for years to come"

DHS announces FY2005 Port Security Grants
Awarded on new, risk-based formula

Northwest yachtbuilder set to hire Gulf Coast shipbuilders
Westport Shipyard ready to relocate workers displaced by Katrina

Finnjet to be laid up
Fans hope Fjord Lines will buy gas turbine pioneerWartsila Propulsion for Project Protector
Seven-vessel Royal New Zealand Navy program

Donjon-Smit refloats bulker grounded by Katrina
Successful salvage in New Orleans

Bush nomination for key Navy post
Delores M. Etter tagged to succeed John Young

Port of New Orleans to restart commercial operations
Steel coils to be barged to automaker

Austal USA back in production
Facility designed to withstand Category 4 hurricane.

Coast Guard Admira Thad Allen to lead Gulf Katrina relief effort
FEMA director sent back to D.C.

Northrop Grumman plans "phased resumption" of Gulf shipbuilding
says Katrina will impact 2005 earnings

Gulf grain exports slowly resume
labor shortages and draft restrictions still major problems

Many back at work at VT Halter Marine
ship production expected to resume later this month

OMSA finds temporary home
moves in with Hornbeck Offshore

Horizon Lines sets IPO pricing
...estimated to raise about $250 million

Rowan locates wreckage of jackup
...and reports rescue from downed helicopter

Gulf yards pick up the pieces
Shipbuilders are cleaning up after Katrina and getting back to work

Qatar to have world's largest LNG fleet
Predicted to total 90 ships within five years

Gulf offshore production "back in days and weeks"
Senate panel testimony

Reserve ships utilized for hurricane relief
MARAD taps seven NDRF vessels

Maritrans orders three 335,000 bbl ATB's from Bender
Estimates cost at $77.5 million apiece

Jones Act waiver is limited
CBP advisory gives details/p>

HSV-2 speeds relief supplies
Australian built cat plays it part in Navy relief effort

Port of New Orleans: "Damaged but still workable"
Riverfront terminals "in pretty decent shape"

Gulf coast yards start restoration efforts
Shipbuilders start picking up the pieces

Tanker cargo transfers back to pre-Katrina levels
SPT offloading at alternative ports

Carnival cruise ships chartered for Hurricane relief
Six months charters for Sensation, Ecstasy and Holiday

Toxic gas kills three cruise crew
Gas from raw sewage emiited into propeller shaft

Hurricane Recovery Updates
Useful links

Bush announces Jones Act waiver
statement in White House speech

LOOP resumes operations
unloading first supertanker since Katrina

Tidewater reports no damage to fleet
management operating from Houston

Northrop Grumman yards start clean-up
Structural damage at all Gulf Coast yards

Most Gulf ports still closed
But some tug and barge traffic starts moving

Offshore LNG port unaffected by Katrina
Gulf Gateway keeps gas supplies flowing

Reopening ports and waterways a prority says USCG
As rescue efforts continue, USCG starts port surveys

LNG is first Korean newbuild to get Intersleek application
DSME and IPK in coatings breakthrough

Diamond Offshore locates missing rig
Ocean Warwick grounded on Dauphin Island

Aker Helsinki yard to focus on ferries
Blocks for Tallink and Brittany Ferries ships already barged in