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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


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


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


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


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 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


Nigeria's Bonny Light Pipeline Shut Down

The Trans Nigeria Pipeline that carries Nigeria's Bonny Light crude oil to an export terminal has been shut down since May 12, a Shell spokeswoman said on Thursday. Neither the reason for the shut down nor its expected duration were immediately clear


Spaniards Sparkle in Volvo Ocean Race

The Volvo Ocean Race fleet against a Newport bridge backdrop. Photo by Volvo Ocean Race

 Spanish boat MAPFRE led the Volvo Ocean Race fleet out of Newport, Rhode Island, and into the most challenging of the remaining three legs through the North Atlantic, reports AFP.   Newport was the only North American stopover on this year's race, which ends in June in Goteborg, Sweden


April Ice Weighs on US-flag Lakes Cargo

Icebreaker Great Lakes.jpg

U.S.-flag Great Lakes freighters (lakers) moved 6.7 million tons of dry-bulk cargo on the Great Lakes in April, a decrease of nearly 6 percent when compared to the month’s 5-year average.  Another brutal winter again spawned heavy ice formations Lakeswide that slowed the vessels that


USS George Washington Completes Carrier Qualifications

An FA-18E Super Hornet assigned to the Dambusters of Strike Fighter Squadron (VFA) 195 launches from the flight deck of the Nimitz-class aircraft carrier USS George Washington (CVN 73)

  Carrier Air Wing (CVW) 5 and the Nimitz-class aircraft carrier USS George Washington (CVN 73) completed its carrier qualifications (CQ), May 23. CQ allows CVW 5 pilots and George Washington's flight deck crew to prove accuracy and proficiency in successfully landing and recovering


USCG Responds to Grounded Ferry near Ocracoke Inlet, NC

Emblem

The Coast Guard responded to a ferry that ran aground Saturday approximately one mile south of Ocracoke, North Carolina. The captain of the Silver Lake, a 220-foot passenger and vehicle ferry, contacted Coast Guard Sector North Carolina watchstanders via mobile phone at approximately 5 p.m


Kondracki Joins TOTE Services Leadership Team

TOTE Services has promoted Michael J. (Mick) Kondracki to director of labor relations and risk management effective March 16, 2015, as announced by the company’s president, Phil Greene, Jr.   In his new role, Kondracki will oversee risk management


Light-Off for Pasha’s New ConRo

Image: Pasha

ConRo vessel M/V Marjorie has attained main engine light off while under final construction at VT Halter Marine, Pascagoula, Miss., signaling that the ship’s complex network of systems is complete and functional prior to delivery to Honolulu-based Pasha Hawaii


Vopak Workers Plan One Day Strike at 11 Dutch Terminals

Vopak workers are planning strike action at all 11 of the company's oil, gas and chemical terminals in the Netherlands on April 22, union officials said on Wednesday.   Union official Albert van Damme said the strike action would effectively halt operations at the terminals during the


Silver Coins Worth $50 mln Recovered from WW2 Wreck

Marine salvage experts have recovered $50 million in silver coins from a ship sunk by a German submarine in 1942 as it was transporting the cash from India to London to help finance Britain's efforts in World War Two. Mauritius-based Deep Ocean Search


Greece Mulls Ports Sale to Reach Deal with EU/IMF Lenders

Greece's government is considering selling stakes in its two largest ports as a concession to reach an agreement with its lenders and unlock bailout funds, a government official said on Wednesday.   Prime Minister Alexis Tsipras's new leftist government had sought to cancel significant


Rough Seas Force Port Closures in Peru

Port of Callao Courtesy APM Terminals

  Peru, the world's third biggest copper producer, closed its main port, Callao, and dozens of others because of rough seas, a local newspaper reported Saturday. The ports will likely remain closed through Monday, when a storm in the South Pacific is expected to have moved north


ABS’ Wiernicki Addresses Maine Maritime Academy Graduates

Christopher Wiernicki (Photo: ABS)

ABS chairman, president and CEO delivers commencement address at Maine Maritime Academy, receives honorary Doctor of Science degree, speaks at dedication ceremony for ABS campus building   Christopher J. Wiernicki, chairman, president and CEO of ABS, addressed graduating students


Shell Declares Force Majeure on Forcados Crude Exports

Shell has declared force majeure on exports of Nigeria's Forcados crude oil stream, a spokesman for the company said on Wednesday.   It declared force majeure on the evening on May 5 following "a series of leaks" in the Trans Forcados pipeline that brings the oil to the export


VT Halter Delivers ConRo Ship to Pasha Hawaii

MV Marjorie C (Image courtesy of VT Halter Marine)

VT Halter Marine, Inc., a company of Vision Technologies Systems, Inc. (VT Systems), announced it has delivered a combination container and roll-on/roll-off car truck carrier (ConRo), MV Marjorie C, to Pasha Hawaii.   The MV Marjorie C is the second U.S


China Lures India with Deep Sea Mining Cake

Indian Prime Minister, Narendra Modi and the Chinese President, Xi Jinping. Photo Credit: Press Information Bureau

 A week before Indian Prime Minister Narendara Modi is set to visit the country, China said it was ‘eager to cooperate’ with India on deep sea mining in the Indian Ocean, reports Press Trust of India.  China's sweetheart deal is to break through India's resistance to its






 
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