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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


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


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


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


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


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


COMSAT Mobile Honored For Maritime Safety

COMSAT Mobile Communications (CMC) was honored with the Maritime Safety Award at the Seaman's Church Institute's 24th Annual Silver Bell Awards Dinner in New York City on June 14. The plaque, mounted on a large life ring, cites CMC and vigilant earth station operators, "For an abiding commitment to professionalism and innovative approaches to maritime safety." In addition to noting CMC's variety of data, high-speed data and voice mobile satellite communications services


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, 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


RWE Dea's 'The Breagh Story' Wins Film Awards In Houston, Hamburg

RWE Dea

At the WorldFest 2014 International Film Festival in Houston, RWE Dea won the platinum award in the documentary category with “The Breagh Story”. The film also won the silver award in the energy category at this year’s WorldMedia Festival held in Hamburg.   The documentary tells the story of one of RWE Dea’s largest projects – from the exploration of the Breagh gas discovery and the installation of the production platform


Infigen Energy Mulls Shedding U.S. Wind Farms

Australia under pressure to fix renewable energy target deadlock; 45 wind farm projects stalled. Australian wind farm operator Infigen Energy Ltd is exploring the sale of 18 U.S. wind farms, worth about A$500 million ($409 million), so they escape impact from the uncertain future of Australian


Great Lakes: Less Ice Sees Ore Ships Thrive

Photo: Ben McClain

A relatively mild December on the Great Lakes allowed iron ore shipments to increase dramatically compared to a year ago when an early arriving winter blanketed the system with thick ice, the Lake Carriers’ Association (LCA) reported.


Coast Guard Cutter William Trump Commissioned

Collette Eddy, daughter of William Trump, presents Lt. Jared Harlow a plaque during the commissioning ceremony for the Coast Guard Cutter William Trump at Coast Guard Sector Key West, Fla., Jan. 24, 2015. Coast Guard hero,

  The Coast Guard Cutter William Trump was commissioned during a ceremony at Coast Guard Sector Key West Saturday Jan. 24, 2015. The Trump is the 11th fast response cutter in the Coast Guard fleet. Rear Adm. Jake Korn served as the presiding official at the Cutter William Trump


Young to Head New Zealand Shipping Federation

Picture Courtesy: LinkedIn and NZSF

The New Zealand Shipping Federation (NZSF) said it has appointed Annabel Young as its new executive director.  It said Ms Young was a National Party list MP from 1997 to 2002 and since then she has been the chief executive at Federated Farmers, as well as the Pharmacy Guild.  


300th Anniversary of Historic Fleet Sinking

Captain Carl Fismer with his Pulse 8X detector and Plythe Gibbons

2015 will mark the 300th anniversary of the sinking of a dozen Spanish ships known as the 1715 Plate Fleet; plata being the Spanish world for silver. On the 30th of July 1715 twelve galleons, overloaded with Mexican gold and silver, left Cuba and sailed north carried by the Gulf Stream.


First Images of Historic San Francisco Shipwreck

SS City of Rio de Janeiro built by John Roach & Son in 1878 at Chester, Pennsylvania, regularly transported passengers and cargo between Asia and San Francisco. Photo taken at Nagasaki, Japan, 1894. (Credit: San Francisco Maritime National Historical Park_ safr_21374_h06-04135_n)

NOAA and its partners released 3D sonar maps and images of an immigrant steamship lost more than 100 years ago in what many consider the worst maritime disaster in San Francisco history. On Feb. 22, 1901, in a dense morning fog, the SS City of Rio de Janeiro struck jagged rocks near the present


Libra Ramps Up Container Ship Buying, Bets on Upturn

Global conglomerate Libra is snapping up container ships, betting on a sector recovery and lower oil prices which will cut costs and boost profitability, the group's chief executive said. Libra has proved adept at buying and selling assets since 2008 -- making significant returns on investments


Images of Historic San Francisco Wreck Revealed

Coda Octopus 3-D Echoscope sonar, downward view of the shipwreck SS City of Chester with sternpost, (left side of sonar image) compound steam engine and boilers (in blue middle of sonar image), and bow (right side of sonar image). Credit: Coda Octopus/NOAA

NOAA, partners reveal first images of historic San Francisco shipwreck, SS City of Rio de Janeiro NOAA and partners released three-dimensional sonar maps and images of an immigrant steamship lost more than 100 years ago in what many consider the worst maritime disaster in San Francisco history.


Port of Amsterdam to Reward Green Barges

The cleaner the vessels, the larger the discount on Inland Harbour Dues. Port of Amsterdam will be joining the Green Award program for inland barges on January 1, 2015, making it the first port to reward vessels based on their Green Award level


Christie, Cuomo Veto Proposed Port Agency Overhaul

The governors of New York and New Jersey vetoed sweeping legislation passed by lawmakers in both states intended to reform the embattled bi-state Port Authority, according to a joint statement released on Saturday.   The legislative reforms to the transportation agency were passed as


Indonesian maritime industry looks bullish

With Indonesian President Joko Widodo declaring his intention to develop the long-neglected maritime sector, the shipping industry expect greater opportunities. Indonesia’s shipyards may see a silver lining to what has been a cloudy past as the government’s focus on the maritime


Chinese Submarine Dives into Indian Ocean

Chinas submersible Jiaolong

A Chinese submarine has started to search an area of the Indian Ocean for seabed deposits of gold, silver, copper and zinc, in a four-month-long mission.   A Chinese submersible vessel has been conducting its first deep dive in the Indian Ocean in search of rare metals


Recent Vessel Sales: December 2014

Vessel sales for December 2014 (as of January 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD   Bulk Carriers 12/15 - BRILLIANT MOIRA - 28,384 - 14 - (0) - $18.3


ENI Extends Contract with Ocean Rig

Photo: Ocean Rig

Several of Ocean Rig UDW Inc. subsidiaries have entered into an omnibus agreement with ENI Angola S.p.A pursuant to which ENI has exercised its option to extend the contract for the drillship Ocean Rig Poseidon for a further one year until the second quarter of 2017.  


First Satorp Diesel Cargos to US Will Land This Week

The first United States-bound cargoes of diesel from Saudi Arabia's 400,000 barrel per day Satorp refinery will land in New York early this week, traders said on Monday.   The cargoes of 10 ppm diesel on the SKS Driva and the Clio are scheduled to land in New York on Jan






 
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