C&G BOAT WORKS
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Cargill International S.A., Geneva, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk carriers, the m/v Sideris GS. The gross charter rate is $13,500 per day, minus a 5% commission paid to third parties, for a minimum period of 21 months to maximum of 27 months. The charter is expected to commence in the middle of March 2013. This employment is anticipated to generate approximately $8.5 million of gross revenue for the minimum scheduled period of the charter. The Sideris GS is a 174,186 dwt Capesize dry bulk vessel built in 2006. www.dianashippinginc.com
South Korea's POSCO and Hanwha Group have submitted separate bid proposals to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering, the two companies said on Monday. POSCO, which agreed last week to form a consortium with a rival bidder GS Group, has submitted a takeover proposal, its spokeswoman Ko Min-jin said, competing with Hanwha Group and Hyundai Heavy. Source: Reuters
Husky Energy Inc. will release its first quarter results on Wednesday, April 23, 2003. A conference call for analysts and investors will be held later that day at 4:15. John C.S. Lau, President & Chief executive Officer, Donald R. Ingram, Senior Vice-President, Midstream & Refined Products and Neil D. McGee, Vice- President & Chief Financial Officer will be hosting the call.
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in . These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).
Hydraulic power for marine, mining, subsea, utility, construction and demolition applications. CS Unitec’s powerful 2 HP Hydraulic Reciprocating Saw is designed for fast, hand-held cutting of metal and wood. The saw’s durability makes this tool perfectly suited for use in subsea, marine, mining, utility, industrial plant maintenance, construction and demolition industries. Model 5 1219 0010 (also known as The SHARK), weighing 13 lbs., quickly cuts pipe and wood up to 6" dia
USN wraps up large scale security exercise testing response to nationwide threats The Navy wrapped up its largest annual security exercise after a week of training designed to test the service's ability to respond to nation-wide threats to its installations, units, personnel and families. The exercise, known as Solid Curtain-Citadel Shield (SC-CS) 2012, was led by Commander, U.S. Fleet Forces (USFF) and Commander, Navy Installations Command (CNIC)
Sailors from USS Samuel B. Roberts (FFG 58) "Sammy B" and embarked helicopter detachment, Helicopter Anti-submarine Squadron Light (HSL) 48, arrived in the Port de France Martinique on April 3, for the first port visit of the ship’s Partnership of the Americas (POA) 2007 deployment to South America. Arriving with the Samuel B. Roberts will be the Chilean Navy Frigate Almirante Latorre (FFG 14). Latorre will be working side by side with the “Sammy B” throughout this deployment.
P&O Maritime Services, owner and operator of specialist science and cargo vessels, has entered the power cable installation market with its vessel CS European Supporter. The company has signed a long-term agreement with UK-headquartered subsea cable specialists, Offshore Marine Management (OMM), for the provision of a suite of capabilities to be marketed with the entrant cable installation vessel. The European Supporter, formerly Oceanic Viking
Transhield, Inc., a manufacturer of high-tech protective covers for commercial and industrial markets, announce that their patented Armordillo protective covers have successfully completed evaluation with the U.S. Navy. The evaluation of Transhield Armordillo advanced protective cover technology occurred over a nine-month period onboard several surface combatants and at the Naval Research Lab. As a result of the evaluation
“The Human Element,” produced by KVH Media Group under the TRAININGlink brand, is a finalist in the “Safety at Sea” category of the Seatrade Awards. KVH Industries, Inc., (Nasdaq: KVHI) is pleased to announce that its 2013 film “The Human Element” has been selected as a finalist for the “Safety at Sea” category in the prestigious Seatrade Awards. Established in 1989, the Seatrade Awards recognize those in the shipping industry who have
Ecology issues $112,500 penalty for sunken vessel. American Gold Seafoods faces a $112,500 penalty for an oil spill caused by the accidental sinking of its vessel, the Clam Digger, in July 2013 near Anacortes. The Washington Department of Ecology investigated the cause of the sinking
U.S. Coast Guard search and rescue crews worked throughout the night to find a missing charter boat with four people aboard as far as 70 miles off Galveston. A Coast Guard HC-144 aircrew located them about 40 miles offshore as they started the last leg of their search Tuesday at 10:33 a.m.
Bill Heller to assume the position as Messer Cuttings Systems’ President and CEO Gary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines. Norville worked in many different departments during his career with Messer
Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal
RIB & HSC Sponsor SOLAR Boats Racing at Solar1 in Monte Carlo Shock Mitigation and the RIB & HSC Directory are official sponsors and media partners with the Solar1 event in Monte Carlo. Solar powered boats from all over the world are set to battle it out over two days in the first truly
Louisiana-based boat manufacturer Metal Shark Aluminum Boats has hired Carl Wegener as its Director of Commercial Sales, the company announced today. Wegener brings a diversified background in engineering, strategic planning, and business development
NAMJet’s tractor jets seal the deal on a significant military boat building contract. The Army’s one-of-a-kind bridge erection boats fill an obscure, shallow draft workboat niche, while showcasing capabilities that someday could be commercially viable.
SAFE Boats International (SBI) says it has been awarded a contract to provide the United States Navy four additional Mk VI Patrol Boats (Mk VI PB); with options for an additional two boats. The Mk VI PB is the Navy’s next generation Patrol Boat and will become a part of the Navy
General Dynamics C4 Systems - built Warfighter Information Network - Tactical (WIN-T) Increment 2 Soldier Network Extension (SNE) continues evolving with new capabilities based on soldier feedback and mission-centered innovation. In addition to recent updates that make the SNE more
Carla Jenkins of Vidalia, Louisiana, proudly carries on a family tradition of business on the waterways. Owner and operator of Vidalia Dock and Storage, a company started by her father in 1956, Jenkins relies on engine distributor Laborde Products to keep her fleet running reliably.
Salvage going to plan, hulk due to depart July 21. Engineers were securing the final chains to the Costa Concordia on Tuesday, preparing the wrecked luxury liner to be towed away from the Italian island where it sank two and half years ago, killing 32 people.
Coast Guard watchstanders coordinated a tow of a disabled tour boat near McCovey Cove in the San Francisco Bay, Tuesday afternoon. At approximately 12:30 p.m., Coast Guard Sector San Francisco watchstanders received a report from a *local tour boat, Ride the Duck
The U.S. Coast Guard informs that the casino boat 'Escapade' is moored at its homeport and is no longer aground in Calibogue Sound near Tybee Island, Georgia. Watchstanders at Coast Guard Station Tybee Island were notified the Escapade had ran aground with 94 passengers and 31 staff and
Lerwick Harbour is ready for an exciting week of sailing with the 2014 Fireball European Championships taking place at the port next week. As a warm-up to the main event, the Shetland Fireball Championships will be held this afternoon and tomorrow.
Dredging work will be carried out at Keppel Shipyard Benoi Road, off West Jurong Channel, from 28 July to 30 September. As per the Maritime and Port Authority of Singapore Port Marine Notice No.98 of 2014, the works will be conducted 24 hours daily - including Sundays & Public