FRYING PAN

Coast Guard Secures Adrift Barge

A Coast Guard crew secured an adrift double-hulled barge carrying 5.5 million gallons of petroleum product off the southern coast of North Carolina. Members of Coast Guard Sector North Carolina's prevention department hooked towing gear to the tug Justine Foss, with the help of a rescue boat from Station Wrightsville Beach. Justine Foss is the same tug that responded to the original distress call of the tug Valour's crew. The Coast Guard team was lowered from a Marine Corps helicopter based in Cherry Point, N.C. The Marine helicopter was requested because of its proximity to the operating area. While adrift, the barge hit and displaced the #16 red buoy near Frying Pan Shoals off Wrightsville Beach, N.C. It does not appear that the buoy caused any damage to the barge. The barge was originally set adrift after its tug, the Valour, turned around to recover a crewember that fell overboard in heavy seas. During the search for the crewman, the tug began taking on water and later sank. The search continues for one crewman. Of the other eight, one crewman is confirmed dead, one is believed to have gone down with the tug, one is in Wilmington, N.C., one is en route to Elizabeth City, N.C, and four are safe aboard the Justine Foss. The Coast Guard suspended the search for the last missing crewman of the tug Valour just after midnight this morning. Coast Guard crews searched more than 1700 square nautical miles over a period of 16 hours.

General Dynamics Names Marzilli President of C4 Systems

General Dynamics announced that, effective January 1, 2006, Chris Marzilli will become president of subsidiary General Dynamics C4 Systems. He will report to Jerry DeMuro, General Dynamics executive vice president and group executive for Information Systems and Technology. Marzilli will succeed Mark A. Fried, 59, who is retiring. Marzilli has worked in the defense information systems and technology industry for more than 20 years

STX Pan Ocean Orders $215M LNG Carrier

STX Pan Ocean has ordered an LNG carrier from Korean shipbuilder Hanjin Heavy Industries and Construction. The vessel will be built at a cost of $215 million. Delivery is expected before 2010. STX Pan Ocean recently reported a 71 percent jump in full-year earnings to $279.8 million on a 20 percent increase in sales to $2.7 billion. Source: ChannelNewAsia

Pan-United Marine Wins $64m Contracts

Pan-United Marine , a Singapore shipbuilder, has won two shipbuilding contracts worth a total of $64m. Delivery of the vessels is expected to be at the end of 2009, Pan-United said.

STX Pan Ocean to spend $810

STX Pan Ocean a South Korean shipping firm, said on Wednesday it would spend about $810 million in 2008 on new vessels including bulk ships and containers. STX Pan Ocean , listed in Seoul and Singapore, also said in a filing to the Korea Exchange it would buy four bulk ships for 143.9 billion won ($153.2 million) by 2010.

Pan United Tugboat Goes Missing

According to an April 21 report from ChannelNewsAsia.com, Pan United tugboat, P-U 2007, went missing in waters off Kuantan in Malaysia the night of April 19. Nine crew members were on board the tugboat, which belongs to Pan United's wholly-owned subsidiary, P.U. Vision. The tugboat which was towing a barge, also owned by P.U. Vision, was en route to Thailand. (Source: ChannelNewsAsia.com) According to the ReCAAP Information Sharing Centre Incident Alert and Bryant’s Maritime News

Alion Awarded CG(X) Contract

Alion Science and Technology has been awarded a contract to support the Navy in managing the design and acquisition of the Navy's next generation Guided Missile Cruiser, CG(X). The award, a delivery order under the NAVSEA SeaPort Enhanced (SeaPort-e) contract, has a potential value of $127.8m over five years. The base year value is approximately $18.6m. CG(X) will be a surface combatant tailored for joint air and missile defense and joint air control operations providing airspace dominance

Global Industries Wins Safety Award

Global Industries was awarded the 2009 National Ocean Industries Association (NOIA) Safety-in-Seas Award on April 16, recognizing their contribution to the safety of life offshore for energy workers. Global Industries was selected by a panel of judges from the U.S. Coast Guard, the Minerals Management Service and the National Academy of Science's Marine Board. NOIA President Tom Fry said, "Global Industries demonstrated that safety is priority number one

Panamax Dry Bulker Delivered to STX Pan Ocean

STX Pan Ocean takes over the 83,000 dwt class Panamax, 'STX Horizon', its first new-build delivery of the year. Having concluded strategic contracts for long-term transportation with domestic and international shippers including POSCO, Hyundai-Steel, KEPCO subsidiaries, Vale and Fibria in Brazil, STX Horizon will be added to the the owner's list of vessels to service these various contracts. A company official said: “Although current dry bulk shipping market is depressed

Germanischer Lloyd Inaugurates Office Facilities in Dalian

With an open day and a ceremonial dinner Germanischer Lloyd has opened its new office facilities in Dalian last week. More than 150 representatives of new building and repair shipyards, ship owners and manufacturers of materials and components from Dalian and the surrounding area attended the event hosted by Station Manager Tian Tao. Vice director of Tian Jin Xingang Shipyard, Mr. Pan Yan Zhong, congratulated Germanischer Lloyd Dalian on the occasion and highlighted the technical support