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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 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)


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.


Norton Abrasives Discs Provide Faster/Longer Life

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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


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


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


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


Caterpillar: Q3 Results Show Improvement

Photo: Caterpillar

Caterpillar Inc. today announced its third-quarter results, in which it reported profit per share of $1.63 for the third quarter of 2014, an increase from third-quarter 2013 profit per share of $1.45. The third quarter of 2014 included a negative impact of $0.09 per share for restructuring costs


Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter highlights include Order intake increased 21% to €1,309 million (1,086)


Lerwick Port Awards £16.5 mi Expansion Contract

Port Authority Chief Executive Sandra Laurenson (l) and Bank of Scotland. David Nicolson, SME Banking Relationship Manager

  Lerwick Port Authority has awarded a construction contract for the latest expansion of the harbour’s facilities in a project costing a total of £16.5 million and which will benefit the fishing and oil sectors. The new jetty at Holmsgarth North will provide deeper berthing


Good News from China on GDP, Industrial Production

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The economic news from China this morning were somewhat comforting but highlights that the economy activity in the world’s largest economy is certainly slowing down, reports BIMCO.   Behind the headline GDP, other economic indicators such as industrial production


Key to Somalia's Recovery

DP World Group CEO Mohammed Sharaf

  Piracy, terrorism and criminal activities originating in Somalia can only be addressed by creating a climate of security, engagement and empowerment that will encourage home grown businesses, international investment and alternative employment for Somalia’s young people.


India to Develop Iran's Chabahar Port

The Port of Chabahar is a seaport in Chah Bahar in southeastern Iran

 India will float a company to develop Iran's Chabahar Port, a government statement said on Saturday, as New Delhi aims to take advantage of a thaw in Tehran's relations with world powers. The port of Chabahar in southeast Iran is central to India's efforts to circumvent Pakistan and


Long Beach Officials on Trade Mission in Asia

Photo: Port of Long Beach

Meeting with shipping lines to build business for Port of Long Beach Long Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff are traveling to several Asian countries, meeting with the Port of Long Beach’s key customers to retain and bring more business to


BOEM Proposes O&G Lease Sale in Gulf of Mexico

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced that the bureau will offer 40 million acres offshore Louisiana


Sen. McConnell Named Champion of Maritime

Stephen Little, President and CEO of Paducah, KY based Crounse Corporation presents the Champion of Maritime award to Senator Mitch McConnell, who noted the huge impact America’s domestic maritime industry has in his home state of Kentucky.

Kentucky ranks top five in nation for U.S. maritime jobs Today, Sen. Mitch McConnell (R-KY) was named a Champion of Maritime by the American Maritime Partnership (AMP), the voice of the domestic maritime industry. As U.S. Senate Minority Leader


Port of Cleveland Approves Refinancing

Photo: Port of Cleveland

The Port of Cleveland’s Board of Directors voted today to provide up to $161 million to support the combined refinancing of four previous economic development projects, as well as approved the acceptance of a Homeland Security grant. At its monthly board meeting, the Port approved:


Carnival Corp MOU with CSSC to Promote Cruise Industry

CSSC officials pictured during a tour of Sapphire Princess

  Carnival Corporation & plc the world’s largest cruise company, today announced it has signed a memorandum of understanding (MOU) with the China State Shipbuilding Corporation (CSSC) to explore the possibility of a joint venture aimed at accelerating the development and growth of


Puerto Rico Announces Plan for Port of the Americas

Port of Ponce Authority actively seeking international port operator Puerto Rico announced today that it is looking for a major international port operator to partner with on the development of the Port of the Americas, located in Ponce, on the southern coast of the island


Sierra Leone to Invest Heavily in Power

Power generation

  Sierra Leone is aiming to increase its power capacity tenfold by 2017, a plan the energy minister said should be driven by foreign investors despite the outbreak of Ebola and a history of bureaucratic difficulties. Sierra Leone has recorded strong economic growth rates in recent years


Global Growth Disappoints, Shipping Remains Challenged

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The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. Shipping being a derived demand of global economic growth, will see lower demand in coming years, all other things being equal


Wärtsilä to Set-up Indonesia's first bio-LNG plant

The Wärtsilä biogas liquefaction plant in Oslo, Norway

  Wärtsilä and two Indonesian partners have today signed a joint development agreement with the intention of creating the first ever bio-LNG plant in Indonesia. The co-signers of the agreement with Wärtsilä are PT Pertamina (Persero), a national energy company






 
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