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NORTON SOUND ECONOMIC DEVELOPMENT

Coast Guard Foundation Honors USCG in Alaska

The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced that its Biennial Alaska Awards Dinner in tribute to the United States Coast Guard will take place on Wednesday, August 11, 2010 in Anchorage, Alaska. Honoring the heroic efforts of the guardians who enforce maritime law, protect our homeland and preserve the environment, this year’s gala Co-Chairs are Morgen Crow, executive director of the Coast Village Region Fund and Janis Ivanoff, vice president and chief executive officer of Norton Sound Economic Development Association. Alaska Governor Sean Parnell as well as United States Senators, Lisa Murkowski and Mark Begich; Admiral Robert Papp, Commandant and Master Chief Petty Officer Michael P Leavitt, of the United States Coast Guard; and Anne B. Brengle, president of the Coast Guard Foundation will also be in attendance to recognize the heroic efforts of service men and women in the region. During the program, awards will be presented for Heroic Action, Individual Excellence and Unit Mission Excellence. The Crew of CG-6573, LT Jason Smith, LT Greg Gedemer, AST1 Matthew Thiessen and AMT3 Blaize Potts will be recognized with the Heroic Action Award for their January 30, 2009 rescue of a fisherman near Cold Bay, Alaska. Receiving the Individual Excellence Award for unsurpassed performance, AMT1 Joe L


This Day in Naval History – May 10

1775 - Force under Ethan Allan and Benedict Arnold cross Lake Champlain and capture British fort at Ticonderoga, New York. 1800 - USS Constitution captures Letter of Marque Sandwich. 1862 - Confederates destroy Norfolk and Pensacola Navy Yards. 1949 - First shipboard launching of LARK, guided missile by USS Norton Sound. 1960 - USS Triton (SSRN-586) completes submerged circumnavigation of world in 84 days following many of the routes taken by Magellan and cruising 46,000 miles.


This Day in Naval History - Jan. 26

From the Navy News Service 1911 - The first hydroaeroplane flight is witnessed by a naval aviator. 1913 - The body of John Paul Jones is laid in its final resting place in the chapel of the U.S. Naval Academy, Annapolis, Md. 1949 - USS Norton Sound (AV 11), the first guided-missile ship, launches first guided missile, Loon. 1960 - USS John S. McCain (DL 3/DDG 36) rescues the entire 41-man crew of the sinking Japanese freighter, Shinwa Maru, in the East China Sea.


Petrich President, Port of Tacoma

The Port of Tacoma Commission named Clare Petrich Commission President and elected officers for 2009 on Jan. 22.   Positions among Commissioners rotate yearly, based on procedures approved by the Port Commission in 1999. Petrich replaces Port Commissioner Dick Marzano as Commission President. Marzano will serve as Assistant Secretary in 2009.   Port of Tacoma Commissioners serve four-year terms. The five-member Commission is the governing body of the Port


This Day in U.S. Naval History – January 26

1911 - 1st hydroaeroplane flight is witnessed by naval aviator 1913 - The body of John Paul Jones is laid in its final resting place in the Chapel of Naval Academy, Annapolis, MD 1949 - USS Norton Sound, first guided-missile ship, launches first guided missile, Loon. 1960 - USS John S. McCain rescues the entire 41-man crew of the sinking Japanese freighter, Shinwa Maru, in the East China Sea. (Source: Navy News Service)


Norton Abrasives Discs Provide Faster/Longer Life

Discs_Non-Woven_Blaze_RapidStrip Nrel web.jpg

New Norton Abrasives Non-Woven Right Angle Discs for Stripping and Blending Provide Faster Cutting and Longer Life.   Saint-Gobain Abrasives (October 6, 2011) – Norton, the world’s largest abrasives brand and leader in metal fabrication abrasive products for over 125 years, today announced the introduction of a new non-woven depressed center stripping and light stock removal disc.  Norton SG Blaze® Rapid Strip™ (http://www.nortonindustrial


Delaware River Main Channel Deepening Project Justified

After an economic reanalysis, the United States Army Corps of Engineers announced that Delaware River Main Channel Deepening Project is justified for construction. The conclusion of the reanalysis is that the project will yield a net benefit of $1.18 for every $1 spent on the project. Maj. Gen. Robert Griffin, director of Civil Works for USACE, said, "Our comprehensive economic reanalysis shows that the Delaware River Main Channel Deepening Project is a sound investment for the nation.


SeaChange Completes $100m Private Placement for Expansion

SeaChange Maritime has completed a private placement of $100m, the proceeds of which will be used to invest in expanding its fleet of container ships. The company, which is registered in the Marshall Islands and operates from offices in Miami, Fla., was formed in 2006 by former Sammy Ofer group executives Samuel Norton and Yariv Zghoul to serve as a leading supplier of container vessels for charter to integrated liner operators


Corps Selects Weston/Bean for $75M Dredging Contract

Weston Solutions, Inc, and joint venture partner Bean Environmental LLC (Weston/Bean) announced an initial $11.8 million contract from the U.S. Army Corps of Engineers (Corps) - Jacksonville District for dredging and sediment disposal on the Miami River. "The Miami River project epitomizes our approach to the ports and waterways business," stated Patrick G. McCann, WESTON President and Chief Executive Officer. "By delivering integrated dredging


New Foundry Wheels Reduce Shipyard Grinding Time

Norton BlueFire™ zirconia aluminum portable foundry wheels

New Norton Abrasives BlueFire Portable Foundry Wheels Reduce Grind Time More Than 40%.   Norton, an abrasives manufacturer and provider of metal fabrication abrasive products, has introduced Norton BlueFire zirconia aluminum portable foundry wheels for the metal fabricating industry. BlueFire Portable Cup Snagging Wheels provide exceptional performance improvements over conventional zirconia products in foundries, welding shops, fabrication facilities, steel mills, and shipyards


US Ocean Economy Sees Large Growth -NOAA

File photo: Tauri Minogue

In 2012, U.S. ocean and Great Lakes economy grew much faster than overall GDP   The U.S. ocean economy outpaced the domestic economy between 2011 and 2012, with an increase of $22 billion in gross domestic product, from $321 billion to $343 billion


Rolls-Royce Showcases MTU's Drive System

Dr Ulrich Dohle (left), CEO of Rolls-Royce Power Systems, talks to Winfried Hermann, Minister of Transport in Baden-Württemberg, about eco-friendly drive concepts for rail transport.  (Photo: Rolls-Royce)

Winfried Hermann, Minister of Transport and Infrastructure of Germany’s federal state of Baden-Württemberg, paid a visit to Rolls-Royce Power Systems in Friedrichshafen, where he was keen to learn about eco-friendly drive concepts for rail transport.


What Have We Learned From Hurricane Katrina?

Hurricane Katrina (IMarEst)

To mark the 10th anniversary of Hurricane Katrina, specialist insurer Allianz Global Corporate & Specialty (AGCS) has released a report analyzing windstorm risks and losses and how to mitigate future losses, given increasing weather volatility.  


Cosco Pacific Profits up 12%

Photo: COSCO Pacific Ltd

 Major terminal operator Cosco Pacific has reported a 12% on-year increase in net profits for the first half of this year to nearly $164.4m on good cost control and optimisation of management efficiency.   However the revenue of the port and box leasing unit of Chinese state


Adani Ports Consolidated PAT for Q1FY16 Up 13%

Photo Adani Port

  Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter ended June 30, 2015. Consolidated cargo across all ports handled by the company was 40 MMT in Q1FY16


$500 mln LNG Terminal in Myanmar's Dawei

A graphical representation of the Dawei Special Economic Zone and deep sea port project. Courtesy: Roland Berger

 Thailand-based construction firm Italian-Thai Development is planning to construct a liquefied natural gas (LNG) import terminal at Dawei industrial zone Myanmar, with an investment of $500m says a news story in the Reuters.   A press release from Roland Berger


Special Economic Zone Around New Suez Canal

Photo: Suez Canal Area Development Project

 Egyptian President Abdel Fattah el-Sisi issued a decree establishing an economic zone for Egypt’s Suez Canal, reports Reuters.   The decree establishes a 460-square-kilometer economic zone around the canal the government says will be used to develop an international industrial


First US Offshore Wind Workboat Build Underway

Photo: Atlantic Wind Transfers

Atlantic Wind Transfers, Blount Boats and Deepwater Wind welcome key U.S. offshore wind supply chain players to official ribbon cutting ceremony   Atlantic Wind Transfers, the commercial wind support services arm of Rhode Island Fast Ferry


Adani in Pact with Kerala for Vizhinjam Port

Map: Vizhinjam International Seaport Ltd

 The government of Kerala State in India and Gujarat-based Adani Group has signed the work contract agreement for development of the Rs 7,525-crore ($12 billion) Vizhinjam International Deepwater Multipurpose Seaport.    On July 15, 2105


Diesel Spill in Sitka Sound

A Unified Command has been formed to respond to a release of diesel fuel from the Jarvis St. Power Plant, the U.S. Coast Guard reported Monday.   Coast Guard Sector Juneau, Alaska Department of Environmental Conservation pollution responders from Juneau and members of Marine Safety


SC Ports Authority Reports Improved Financial Results

Photo: SC Ports Authority

SC Ports Authority Posts $30.4 Million in Operating Earnings, $196.8 Million in Revenues for FY2015; Community Giving Program Awards $81,000 in Grants to 42 Charitable Organizations    Today SC Ports Authority reported 2015 fiscal year-end operating earnings of $30


Cosco Blame it on Weak Shipping Industry

Photo: COSCO International Holdings

 The global economic recovery was slower than expected and the overcapacity problem in the shipping industry remained serious, in the  first half of 2015, says COSCO International Holdings.   This drove stable business volume to the Company’s business segments which serve


Parliamentary Under Secretary Beckmeyer Visits Rolls-Royce

Photo courtesy of Rolls-Royce

Uwe Beckmeyer, Parliamentary Under Secretary of the Federal Minister for Economic Affairs and Energy, visited Rolls-Royce Power Systems AG in Friedrichshafen. Dr. Ulrich Dohle, company CEO who also chairs the MTU Friedrichshafen subsidiary, explained the low-emission diesel engines of the future


Greece Crisis Threatens Nigerian Ship Owners

Image: Nigeria Shipowners Association

 There are strong indications that the current economic crisis faced by Greece may truncate a vessel acquisition deal worth over $250 million with some Nigerian ship owners, reports BizWatchNigeria.   Recently, some ship owners Association has signed a Memorandum of Understanding MoU


Dawei LNG Terminal for Shell

A graphical representation of the Dawei Special Economic Zone and deep sea port project. Courtesy: Roland Berger

 Royal Dutch Shell plc recently entered into an agreement with Thailand-based companies to develop a liquefied natural gas (LNG) terminal at the Dawei special economic zone in the Tanintharyi Region in Myanmar, says local daily Myanmar Times.   






 
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