US Navy Working to Lower Ships’ Fuel Costs
The rewards reaped from the Navy's Energy Conservation (ENCON) Program save millions in fuel costs, while keeping ships at sea to support the nation's Maritime Strategy.
Nippon Steel to Move into Offshore Business
Nippon Steel Engineering Co. is bolstering its operating structure in a bid to win contracts spanning everything from design to construction of crude oil and natural gas processing facilities at sea.
RIL, ONGC Ops May Face Shut Down
Reliance Industries and Oil and Natural Gas Corporation may face an imminent shut down of offshore oil and gas operations after the Shipping Ministry issued new…
This Day in Naval History - July 16
1862 - Congress creates rank of Rear Admiral. David G. Farragut is named the first Rear Admiral. 1912 - Rear Adm. Bradley Fiske receives patent for torpedo plane, or airborne torpedo.
Navy Names Two Virginia Class Submarines
The Navy announced on July 15 that the next two Virginia-class attack submarines will be named the USS Minnesota and the USS North Dakota. The selection of , designated SSN 783…
Bonhomme Richard Back At Sea for RIMPAC
Following a 14-day port visit to , USS Bonhomme Richard (LHD 6) (BHR) returned to sea July 11 to participate in the Rim of the Pacific (RIMPAC) exercise. BHR will spend several days conducting flight deck and well deck operations as well as other drills and evolutions in preparation for the tactical phase of the exercise. "This is an excellent opportunity to prepare us for what we do anyway," said Capt. Neil R. Parrott, BHR commanding officer.
Skipjack En Route to West Coast
Penn Maritime's newest vessel, Skipjack, is currently en-route from the builder, Thoma-Sea Boatbuilder, on the Gulf coast to the west coast. It is pushing a new 90,000 barrel tank-barge. A sister ship is expected to deliver from the same yard in October this year. These are a part of Penn's five boat order from the yard.
Cal Maritime and Clearwater Port Partner
The California Maritime Academy of Vallejo, CA, a member of the , and Clearwater Port LLC, announced the creation of a joint program to expand West Coast training in the handling and transport of liquefied natural gas (LNG) products. The program puts in place the first formal continuing education LNG training available from a nationally recognized institution on the West Coast. Cal Maritime is one of seven maritime academies nationwide and the only one on the West Coast.
DryShips Completes Acquisition of Ocean Rig
DryShips Inc. announced that Primelead Limited, a wholly owned subsidiary of DryShips Inc., has effected a compulsory transfer of all remaining shares in Ocean Rig…
MarAd Sells Two Obsolete Vessels For More Than $1m Each
The U.S. Department of Transportation’s Maritime Administration announced today that it has sold two obsolete ships to American salvage companies for more than $1 million each.
Aker Solutions Wins Drilling Equipment Contracts
Aker Solutions has been awarded two contracts with Daewoo Shipbuilding & Marine Engineering in for the delivery of identical drilling equipment packages for Odebrecht's two new drillships.
STX to Set Up Subsidiary in China
STX Shipbuilding Co said Tuesday it plans to make an initial investment of 35 billion Korean Won to set up a wholly-owned subsidiary in , STX () Business, reports said.
Martin Named President and CEO of Waterways Council, Inc.
Cornel J. Martin has been named as Waterways Council, Inc.'s President and CEO (designate), effective August 1, 2008. Martin will transition alongside current President and CEO R. Barry Palmer, who will retire at the end of December. Palmer has served as President and CEO of Waterways Council for five years, and before that, served for 22 years as Executive Director of DINAMO, the Association for the Development of Inland Navigation in 's .
This Day in Naval History - July 15
1870 - Act of Congress establishes Pay Corps, which later becomes the Supply Corps. 1942 - First photographic interpretation unit set up in the Pacific. 1958 - In…
Naval Oceanographic Office to Get Major Supercomputer
The Naval Oceanographic Office (NAVO) Major Shared Resource Center (MSRC) will house a powerful new IBM supercomputer that will substantially increase its computational capacity.
Winston & Strawn Wins Case for PRPA
Winston & Strawn has won a victory before the US Court of Appeals - DC Circuit for its client the Puerto Rico Ports Authority (PRPA). The ruling on Wednesday ends…
Partnership of the Americas 2008 Transits Panama Canal
By Mass Communication Specialist 2nd Class J.T. The guided-missile destroyer USS Farragut (DDG 99) and the frigate USS Kauffman (FFG 59), assets assigned to Destroyer Squadron (DESRON) 40…
The Road Less Traveled
New study touts the economic and environmental benefits, plus the growth potential, of barge traffic on inland waterways. Anyone who has spent much time in the marine transportation industry likely is familiar with the various charts and graphs that tout the superior cargo carrying capacity and efficiency of barges versus trains and trucks. C. Berdon Lawrence, Chairman of the Board of Kirby Corp. and Joseph Pyne, the ubiquitous President and CEO of Kirby Corp.
Samsung Heavy Leads South Korean Yard Gains
Samsung Heavy advanced 5.1 percent, the most in more than two months, to 40,600 won as of 11:52 a.m. Hyundai Heavy Industries Co., climbed 3.2 percent, to 323,500 won.
This Day in Naval History - July 14
1813 - Lt. John Gamble, the first Marine to command a ship in battle (prize vessel in capture of British whaler Seringapatam). 1853 - Commodore Matthew Perry lands…
