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GEORGE SILVER

Possible Support for Riverboat Gaming

Illinois Gov. George Ryan signaled he may be willing to support the transfer of a dormant riverboat gaming license to Cook County, despite campaigning against the idea last year. While not explicitly endorsing a specific casino site, he acknowledged without the crucial support of legislators who want riverboat gaming in the county, no gambling package could move forward in the Illinois General Assembly. Cook County is the only Illinois county prohibited by law from having a riverboat casino. Rosemont Mayor Donald Stephens is pushing for a riverboat there, and Chicago Mayor Richard Daley has endorsed Stephens' bid for a casino. Daley said he is not interested in bringing riverboat gambling to Chicago, but if Rosemont wants the dormant Silver Eagle license, he won't raise objections


Silver Cloud to Join Polar Exploration Fleet

Image: Silversea Cruises

 Silver Cloud is to move Silversea Cruises’ luxury expedition fleet in November 2017.    Destined mostly for polar waters, the elite 296-guest ship that launched the ultra-luxury cruise line will be converted into an ice-class ship during an extensive refurbishment scheduled to start in August 2017, Silversea Cruises said.   As an expedition ship, the all-suite Silver Cloud will accommodate 260 guests and also sail on itineraries to non-polar regions


Thern Launches New Line of Products

TSSBW_Series_web.jpg

Thern, Inc. is expanding their catalog with the introduction of the new Thern Silver Line of products. The Thern Silver Line is launching with the new imported stainless steel TSSBW Series hand winch. Available in three models offering lifting load capacities of 600, 900 and 1300 lbs, the new TSSBW Series hand winch is fabricated of 304 grade stainless steel and features solid steel machine cut gears, gear covers and automatic brakes


Treasure Hunters Contract Bullion Processors

Odyssey selects JBR Recovery Limited for 'SS Gairsoppa' & 'SS Mantola' silver cargo processing Odyssey Marine Exploration, pioneers in the field of deep-ocean exploration, announce their contract with JBR Recovery Limited to support the logistics, refining and monetization of the anticipated silver cargoes from SS Gairsoppa and SS Mantola when recovered. Both the Gairsoppa and Mantola projects are being conducted under contract with the UK Department for Transport


Sunken Treasure Hunters Latest on 'SS Gairsoppa' Project

Seabed Worker: Photo credit Swire Seabed

Odyssey Marine Exploration inform the 'Seabed Worker', will cease salvage operations to make a scheduled port call in Cork, Ireland. After taking on fuel, supplies and changing personnel, the Seabed Worker will immediately return to the site to continue recovery operations under an extension of the charter agreement. No materials recovered from the shipwreck site will be landed during this port call in Ireland. Pursuant to Odyssey's agreement with the UK Government


Odyssey to Open “SHIPWRECK!” Exhibit in Times Square

Odyssey Marine Exploration, Inc., will ring the Opening Bell at the NASDAQ MarketSite in New York on Thursday, May 23, 2013, at 9:30 a.m. to celebrate the grand opening of Odyssey's “SHIPWRECK!” exhibit at Discovery Times Square on Friday, May 24. A live video stream of the Opening Bell Ceremony will be viewable at www.nasdaq.com starting at 9:15 a.m. EDT. "The exhibit features more than 500 authentic artifacts and treasures


Silversea Poised For Growth

With the construction of new sister ships progressing as scheduled and the recently signed contract to manage the world's first ocean-going luxury residence, Silversea Cruises is well poised for growth in the next millennium. The line was founded in 1992 with the concept of offering all-inclusive, ultra-luxury cruises to all parts of the world. The first ship, Silver Cloud, debuted in 1994, followed by Silver Wind in 1995


Wave Yacht Design Wins Award

Artists impression courtesy of A Award

Wave catamaran cruiser yacht design by Roberta Visintin wins the Silver A' Design Award A' Award and Competitions announce that the design Wave Catamaran by Roberta Visintin has been recognized with the Silver A' Design Award in the Yacht and Marine Vessels Design Category, after rigorous judging by the international committee of A' Design Awards & Competitions. Roberta Visintin, the creator of the project Wave Catamaran explains: “Thinking about the sea as a world in a continuous


Treasure Hunters, Odyssey, Came Up Silver in 2012

Odyssey Marine Exploration reports financial results for the fourth quarter and year ended December 31, 2012. Fourth Quarter 2012 Financial and Operational Highlights Total revenue in the fourth quarter was $7.9 million as compared to $0.9 million in the same year-ago quarter. The majority of the silver recovered in 2012 from the SS Gairsoppa shipwreck was sold in the quarter with fourth quarter proceeds of $30.1 million to Odyssey ($17


Fincantieri Lays Keel for Next Silversea Cruise Ship

Courtesy Fincantieri

  The keel laying ceremony of “Silver Muse”, the new ultra-luxury cruise ship which Fincantieri is building for Silversea Cruises, took place today at the shipyard in Sestri Ponente (Genova). The ceremony was attended for the shipowner, among others, by Enzo Visone, CEO of Silversea, while Fincantieri was represented by Raffaele Davassi, director of the shipyard. At 40,700 gross tonnes, able to accommodate 596 passengers on board


Greek Bourse Suspends Piraeus Port Share Trading

The Athens stock exchange on Tuesday suspended trading in shares of Piraeus Port Authority before the privatisation agency unseals bids by investors for a majority stake in the country's biggest port later in the day. Greece, which is selling a 51 percent stake in Piraeus Port


This Day In US Naval History - January 21

Nautilus (SSN-571) launching on 21 January 1954, at the Electric Boat Company, Groton, Connecticut. Submarine sponsor Mrs. Dwight D. Eisenhower, on board the Presidential Train arrives at the ceremonies. (Photo:  National Museum of the U.S. Navy)

1862 - Navy ship USS Ethan Allen, commanded by acting-Lt. William B. Eaton, captures the schooner Olive Branch at sea off the Florida coast. 1943 - Submarines USS Pollack (SS 180) and USS Gato (SS 212) attack and cause the sinking of two Japanese ships.


Limitless Salvage

Dennis Bryant

Whether driven by treasure hunting or environmental protection, the days of forgotten wrecks, even at great depths, is past. It seems like every month we see reports of long-lost maritime wrecks being discovered on the ocean bottom and treasures being salvaged from great depths


OTC Names 2016 Award Winners

The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston.   As part of the OTC Distinguished Achievement Awards Luncheon, the conference will recognize Robert (Don) Vardeman of Anadarko Petroleum


American Salvage Association Names New Officers

Immediate Past-President Paul Hankins congratulates new ASA President Todd Schauer (Photo: ASA)

The American Salvage Association (ASA) has elected a new slate of officers at its fall meeting on September 21 in Stamford, Conn.   Todd Schauer, Resolve Marine Group was elected President, succeeding Paul Hankins, Donjon Marine Co., Inc., who served as President from 2013-2015


Oman Shipping Names Two New Tankers

The recently named tanker Muscat Silver (image: Oman Shipping)

Oman Shipping Company (OSC) has performed the naming ceremony for two new product and chemical tankers – the Muscat Silver and Rustaq Silver.   The ceremony took place at the Hyundai Mipo Dockyard in Ulsan, South Korea. OSC will now take delivery of the Muscat Silver as part of a deal


Historic Vessel Laser Scanned for Hull Refit

Image: API Services

New York’s Lake George Steamboat Company recently commissioned API Services to laser scan the hull the oldest boat in its fleet, the 107-year-old Mohican.   The original Mohican, in service from 1894 to 1907, was a 93-foot wooden hull vessel


South Africa Ports Gear Up for Cruise Season

South Africa’s ports are ramping up for a bumper cruise season with at least eight luxury cruise lines and over ten passenger vessels of varying sizes set to ferry international and domestic tourists across the country’s port cities.  


Nippon Foundation’s Sasakawa receives International Maritime Prize

Photo by International Maritime Organization

 Yohei Sasakawa, Chairman of the Nippon Foundation, has received the 2014 International Maritime Prize for his contribution to the work of the International Maritime Organization (IMO) over many years and, in particular, his personal commitment to supporting the development of future maritime


Globus Maritime Reports Loss in Q3

Photo: Globus Maritime Limited

 Globus Maritime reported loss in Q3 results amid depressed dry bulk rates though it remains cautiously optimistic on China’s economy and expects demand for dry bulk commodities to remain strong.   Total comprehensive loss for the third quarter of the year 2015 amounted to $2


Maersk Line Fast Growing in Pacific

Image: Maersk Line A/S

 Four years after launching a dedicated service into Papua New Guinea, Maersk Line is one of the key carriers in this fast growing Pacific country, claims Social Media Community of Maersk Line.   Papua New Guinea occupies the eastern half of the island of New Guinea and its offshore


Spanish Treasure Galleon San Jose Found - Colombia

Concept of what Spanish galleon looked like. Picture from Prince  Museum

  Colombia has found the wreck of a Spanish galleon that sank off the coast of Cartagena and is thought to be laden with emeralds and gold and silver coins, President Juan Manuel Santos said on Friday. More details will be provided at a news conference on Saturday


Statoil Welcomes Paris Agreement

Statoil reports transparently on climate performance and sets ambitious targets for further emission reductions. (Photo Trond Isaksen)

  On 12 December the world’s leaders agreed on an ambitious plan to address climate change. Statoil welcomes the agreement and is well positioned to play our part in the transition to a low carbon future. “Statoil has called for an effective international climate agreement


Globus Maritime CEO Steps Down

Photo: Globus Maritime

 Greek dry bulk shipowner Globus Maritime announced the resignation of Georgios Karageorgiou from the position of president, CEO and interim CFO and Director of Globus Maritime Limited. Karageorgiou is leaving for personal reasons.  


This Day in U.S. Navy History: December 30, 2015

1920 - USS John D. Ford (DD 228) is commissioned. It serves in both the Atlantic and the Pacific during World War II and receives a Presidential Unit Citation, specifically honoring her "extraordinary heroism in action" during the Java Campaign, Jan






 
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