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.
Marine Inland Fabricators, located in Panama City, Fla, specializes in truckable push boats. The company currently has 21 employees and delivered 26 boats in 2009. So far this year, the company we has built 23 push boats. Marine Inland Fabricators also builds barges and has built work boats as big as 60 ft by 26 ft by eight ft, two of which are currently working in Lake Ponchartrain in New Orleans, La. We recently filled a seventeen boat order for General Electric to work in the
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
“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
Smith Brothers, Inc., Chesapeake Bay-based barge and marine equipment charter company, recently added the tug Capt. Kenneth to its fleet of inland and truckable tugs. With the 99-year-old namesake looking on alongside his son, Jeffrey Smith, company president
Visitors to the Fort Lauderdale International Boat Show, October 30–November 3, 2014, can experience what it’s like to control a diesel-powered, conventional driveline boat using Twin Disc's Express Joystick System (EJS). Twin Disc's booth will feature a unique
The U.S. Coast Guard assisted with the rescue of a boater Monday after the man's 33-foot sailboat caught fire five miles west of Windmill Point in the Chesapeake Bay. Watchstanders at Coast Guard Sector Hampton Roads received a VHF-FM channel 16 broadcast from Brown at approximately 10:40 a.m
The U.S. Navy has awarded General Dynamics Electric Boat an $18.9 million contract modification to perform reactor-plant planning yard services for nuclear submarines and support-yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
The world’s largest Fast Crew Boat has recently been launched by Incat Tasmania’s shipyard on the 15th of September 2014. This DP2 class 70m Fast Crew Boat (FCB) will be operating as a fast crew transfer vessel to various installations in the Caspian Sea and has a semi-SWATH
No Alaskan crude oil has been exported outside of the United States since 2004. Genscape Vesseltracker monitoring data showed that a cargo of Alaskan North Slope crude was loaded Sept. 26 at the Alaskan port of Valdez for delivery into the South Korean refining center of Yeosu
Renold Hi-Tec Couplings, of Halifax, U.K., will debut a new range of high temperature, marine propulsion rubber-in-compression couplings on booth 3809 at the International Workboat Show in New Orleans from December 3-5, 2014. The new HTB-MP range is a second generation of couplings based on the
Carnival Corporation’s multiyear Fuel Conservation Program expected to save more than one billion gallons of fuel and $2.5 billion in fuel costs, while reducing carbon emissions by 12 billion kilograms by the end of 2014; fleet of over 100 ships will see 24 percent improvement in fuel
The Coast Guard and good Samaritans rescued five people from an overturned boat 1 mile south of the Aransas Pass bridge Saturday. At approximately 6:30 p.m., the Aransas Pass Police Department notified Coast Guard watchstanders that there were people in the water in the vicinity of
Seaspan’s Vancouver Shipyards announced today it has completed volunteer repair work on the Steam Tow Boat Master (SS Master) as part of its $50,000 donation to the SS Master Society.
Rolls-Royce has secured a contract to supply waterjets for two Spanish Police Guardia Civil 20m Patrol boats in Spain. These vessels will be built by Astilleros Gondan Shipyard. This is the first time Rolls-Royce waterjets will feature on Guardia Civil boats
A Coast Guard search and rescue team and a local fishing crew worked together Saturday to save a fishing boat from sinking near Great Wass Island, Maine. Watchstanders at the Sector Northern New England Command Center in Portland
The Coast Guard rescued two people Friday after both of their sailboats became disabled approximately five miles west of the Chesapeake Bridge Tunnel near Hampton. Watchstanders at Coast Guard Sector Hampton Roads received a call from Hampton Police dispatch at approximately 3:50 a.m
Austal launched yesterday its fifth in-series Cape Class Patrol Boat (CCPB) at the Company’s Australian Defence Facility in Henderson, Western Australia. Cape Jervis is the fifth of eight 58-metre patrol boats that are being delivered to the Australian Customs and Border
Northrop Grumman Corporation is expanding its support for science, technology, engineering and math (STEM) education across the globe by sponsoring the Maritime RobotX Challenge in Singapore, Oct. 20-26. Bringing together 15 teams of university students from five countries (United States