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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


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


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


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


Admiral Loy, Grace Allen Receive Silver Bell Honors

Some of the industry's biggest players and supporters were present to honor Admiral James Loy and Grace Allen at the 26th Annual Silver Bell Awards Dinner on June 17 at Chelsea Piers in Manhattan. Also recognized, was John J. McMullen, renowned naval architect and marine engineer, and former CEO of United States Lines, who received a Lifetime Achievement Award. The event, which is one of the industry's top social and philanthropic events of the season, drew a record 954 guests


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


Treasure Hauled from SS Central America Shipwreck

Gold coins and a gold box lie in situ on the site of another shipwreck (Black Swan) site salvaged by Odyssey Marine Exploration (Photo courtesy of Odyssey Marine Exploration)

Odyssey Recovers Over 13,500 Silver and Gold Coins as Well as Gold Ingots, Dust, Nuggets and Jewelry From SS Central America Shipwreck; Newly Released Inventory Provides First Look at Time Capsule of Gold Rush-Era Treasures Odyssey Marine Exploration, Inc


VOSTA LMG Delivers New Dredge Ball Joints

VOSTA LMGs new Crossover ball joint (photo courtesy of VOSTA LMG)

The Crossover ball joint is a new dredge ball joint that provides optimal flow performance, its manufacturer VOSTA LMG said. Through computational fluid dynamics (CFD) the frictional losses and turbulence have been reduced. Conventional dredge ball joints act like a ball valve when tilted


Turkey Ferry Auction Attracts Multiple Bids

Private equity firm KKR & Co LP has attracted binding bids from Danish shipping company DFDS A/S and an alliance of PE players Esas Holding AS and Actera Partners LP for its Turkish ferry unit, Bloomberg reported on Wednesday, citing sources.


Cruise Lines Spend Big, Get Quirky to Lure Chinese Travellers

Looking to convince Chinese tourists that a ship can be a holiday destination and not just a way to get there, the world's leading cruise lines are spending billions of dollars on flashy new vessels and quirky on-board services. Carnival Corp and Royal Caribbean Cruises Ltd are trying to pique


USCG Presents William M. Benkert Awards

Vice Commandant of the U.S. Coast Guard (USCG) Vice Adm. Peter Neffenger presented the 2014 Rear Adm. William Benkert Awards at the American Petroleum Institute's (API) annual tanker conference Thursday. The award is given to support and recognize maritime industry efforts for their environmental


Ingalls Authenticates Keel of Amphibious Assault Ship

Ingalls Shipbuilding Authenticates Keel of Amphibious Assault Ship Tripoli (LHA 7)

  Huntington Ingalls Industries authenticated the keel today for the future multipurpose amphibious assault ship USS Tripoli (LHA 7). The warship is under construction at the company's Ingalls Shipbuilding division and was officially authenticated by its sponsor, Lynne Mabus, wife of U.S


SECNAV Orders Amphibious Transport Dock Ship to Gulf

USS Mesa Verde: Photo USN

Defense Secretary Chuck Hagel today ordered the amphibious transport dock ship 'USS Mesa Verde' into the Arabian Gulf, Pentagon Press Secretary Navy Rear Adm. John Kirby said.
 The ship has completed its transit through the Strait of Hormuz, the admiral said in a statement.


Osum Oil Sands To Buy Shell's Orion Project For C$325 mln

  Osum Oil Sands Corp, a private energy company chaired by former Suncor Energy Inc Chief Executive Rick George, agreed on Tuesday to buy Shell Canada's Orion oil sands project for C$325 million ($298.11 million). The Orion project in the Cold Lake region of


Today in U.S. Naval History: June 9

USS George Washington (SSBN-598) (U.S. Navy photo)

Today in U.S. Naval History - June 9 1882 - Establishment of Office of Naval Records of the War of the Rebellion (became part of Naval Historical Center) 1942 - First Navy photograhic interpretation unit set up in the Atlanic. 1959 - Launching of USS George Washington (SSBN-598)


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.  


Today in U.S. Naval History: May 27

Curtiss NC-4 (U.S. Navy photo)

Today in U.S. Naval History - May 27 1813 - American joint operations against Fort George, Canada 1919 - Navy NC-4 completes trans-Atlantic flight from Newfoundland to Lisbon, Portugal For more information about naval history, visit the Naval History and Heritage Command website at history


USS Truxton Change of Command

USS Truxton: Photo courtesy of USN

Guided-missile destroyer USS Truxtun (DDG 103) has left the Royal Jordanian Naval Base, just outside of Aqaba, Jordan, following a four-day logistics stop, and a change of command (a Black Sea grounding incident happened on February 12, 2014).


Coast Guard to Appoint New Ancient Mariners

Furling sails barque Eagle: USCG photo

The Ancient Mariner title established in 1978 recognizes the officer and enlisted person with the earliest designation as a permanent cutterman and requires a minimum of ten years of sea time.  A change-of-watch ceremony for the U.S. Coast Guard Gold and Silver Ancient Mariners is scheduled


Australian Navy Seizes $268mln in Heroin

An Australian warship patrolling the Indian Ocean has seized more than a tonne of heroin worth A$289 million ($268 million) from a dhow in Kenyan waters, Australia's Defense Department said on Friday. The frigate, HMAS Darwin, intercepted the vessel on Wednesday night 27 nautical miles east off


Harley Marine NY Welcomes New Vessel

Harley Marine NY, a subsidiary of Harley Marine Services, took delivery of the river style push-boat, HMS Justice, from Conrad Shipyard of Morgan City, Louisiana. HMS Justice is the fifth vessel in this class and joins the New York fleet of two tugboats and four double hull petroleum barges






 
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