China Shipbuilding Industry Midgets Reigned In
China signaled that it will cut its vast shipyard army to get industrial growth back on a healthy track this year, as its earning ability falters amid cheap vessel prices, blind expansion and speculation in the shipbuilding sector, according to Xinhua. China will drastically curb the number of shipyards, docks, berths and maintenance facilities it opens, reports Xinhua, citing Li Dong, deputy director…
NAMJet Wins Huge US Army Bridge Boat Propulsion Contract
Marine waterjet manufacturer NAMJet says it has been contracted to provide propulsion systems for Birdon America's US Army Bridge Erection Boat (BEB) 400-boat replacement platform. At the same time NAMJet announces its manufacturing and operational HQ has moved to Denver, Colorado. Bridge Erection Boats are primarily used to provide propulsion and maneuverable thrust to support temporary floating bridges…
Horizon Lines Continue to Improve Performance in Q4 2013
Horizon Lines has released its fourth-quarter 2013 financial results showing an adjusted EBITDA increase of 33.1%, which is its 4th consecutive quarter of double-digit Improvement
. "Horizon Lines fourth-quarter adjusted EBITDA increased 33.1% over the same period a year ago and the company generated GAAP operating income of $1.8 million in the quarter, the first fourth-quarter GAAP operating profit since 2009.
Houston Ship Channel Restricted for Oil Spill Recovery, Tankbarge Salvage
Part of the Houston Ship Channel has been closed to marine traffic to enable response operations following the recent collision between UTV MISS SUSAN and the bulk carrier M/V SUMMER WIND approximately 100 yards off the Texas City Dike, near lights 25/26 which led to the partial sinking of the Kirby Marine tank barge. Coast Guard inform that progress continued throughout the day Sunday in response…
SECNAV Mabus Delivers Keynote at Jackson Christening
Secretary of the Navy Ray Mabus delivered the keynote address at the christening ceremony of the future USS Jackson (LCS 6) March 22 at Austal in Mobile, Ala. Dr. Katherine Holmes Cochran, daughter of Mississippi Sen. Thad Cochran, sponsors Jackson, the third Austal-constructed littoral combat ship to be christened. "Kate now becomes an honorary member of the Jackson's first crew," said Mabus. Mabus went on to discuss not only Cochran's role in the future of the ship…
Newest Navy Warship Christened in Mobile
Dr. Katherine Holmes Cochran, Ph.D., ship's sponsor for the littoral combat ship Pre-Commissioning Unit (PCU) Jackson (LCS 6), breaks a bottle across Jackson's bow during a christening ceremony at Austal USA shipyard in Mobile, Ala. LCS 6 is the first U.S. Navy vessel christened in tribute to the capital city of Mississippi, and honors the state's ties to the U.S. Navy and the shipbuilding industry.
ASRY, ABB Industries Sign Agreement
Ship and rig repair specialist ASRY reports that it has signed a co-operation agreement with ABB Industries (LLC), Dubai, a division of ABB Turbocharging, a leader in the manufacture and maintenance of turbochargers for two-stroke and four-stroke engines for various types of vessels. The agreement will see ABB open a new workshop in ASRY, provide international factory warranties from ASRY, and provide onsite accessibility for ASRY customers to ABB’s worldwide Service Network.
Houston Ship Channel Tankbarge: Incident Update
The Coast Guard informs that response efforts by the Unified Command to contain oil leaking from the partially submerged Kirby Marine tank barge continue Saturday overnight. Four skimming vessels remain on-scene to continue recovering spilled bunker fuel oil. Officials with the unified command, who are overseeing the spill containment and recovery efforts, anticipate the ability to fully reactivate their efforts beginning at first light Sunday.
Ship, Kirby Tug/Barge Collide in Houston Ship Channel
The Coast Guard along with state and local partners are responding to a collision near Texas City, in the Houston Ship Channel, Saturday, March 22, 2014. At approximately 12:35 p.m., watch standers at Coast Guard Sector Houston/Galveston received a call from the captain of the 585-ft. bulk carrier Summer Wind, reporting a collision between the Summer Wind and a barge, containing 924,000 gallons of fuel oil, towed by the motor vessel Miss Susan.
