SCOTCH CAP

This Day in U.S. Coast Guard History - April 1

1897- Federal Civil Service rules were applied to Life-Saving Service (under Executive Order May 6, 1896).   1916-The official birthday of Coast Guard aviation.  On this date LT Elmer F. Stone reported to Pensacola Naval Air Station for flight training.  He was the Coast Guard's first naval aviator.   1945- Invasion of Okinawa in the Ryukyu Islands commenced.  In all, seven Coast Guard-manned transports, 29 LSTs, the cutters Bibb and Woodbine, and 12 Coast Guard-manned LCI(L)s participated in the bloodiest invasion ever undertaken by the U.S.  Over 13,000 Americans were killed and another 36,000 were wounded during the conquest of this Japanese possession.   1946- A tsunami swept away the light station at Scotch Cap, Alaska, killing the station's entire five-man crew.  They were: BMC Anthony L. Petit, MoMM 2/c Leonard Pickering, F 1/c Jack Colvin, SN 1/c Dewey Dykstra, and SN 1/c Paul James Ness.   1967- On April 1, 1967, the Coast Guard ended its 177-year association in the Treasury Department to enter the newly-created Department of Transportation when President Lyndon Johnson signed Executive Order 167-81.  The Coast Guard was the largest agency in the new department.   1984-The CGC Gallatin made the largest maritime cocaine seizure to date when it boarded and seized the 33-foot sailboat Chinook and her crew of two.  A boarding team had discovered 1,800 pounds of cocaine stashed aboard the sailboat.

Spill Recovery Equipment Caps to Increase

Effective April 5, the USCG will increase the requirements for on-water oil recovery capability for tank vessel and facility response plan holders by 25 percent. The so-called response capability "caps" address the volume of equipment a plan holder is required to ensure available by contract or other approved means. The caps ? meant to facilitate the cascading of response resources to a spill scene within the first 72 hours of an incident ? do not relieve a vessel owner of the statutory

Detroit Diesel Recognizes Top Suppliers of 2000

Detroit Diesel Corporation (DDC) announced its top suppliers for the year 2000 as measured by its supply chain management program, Continuous Customer Value Improvement (CCVI). DDC evaluates major suppliers quarterly regarding quality, delivery, cost and technical support, with the goal of waste elimination. The three providers named DDC 2000 CCVI Supplier of the Year were Motorola’s Automotive and Industrial Electronic Group (AIEG), Ferry Cap & Set Screw Company and Vibratech.

Euroseas Ltd. Announces Acquisition of Containership

Athens, Greece - Euroseas Ltd., an owner and operator of dry bulk carriers, containerships and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that its joint venture, Euromar LLC ("Euromar"), signed a memorandum of agreement to purchase the M/V Cap Norte , a gearless containership of 41,850 dwt and 3,091 teu, built in 2007 in Poland. M/V Cap Norte comes with a three-year time charter at about $17

Airborne Oil Spill Response System May Take Off

An investment research report draws attention to Scout Exploration, Inc. developers of a unique airborne oil spill technology response system. The system is designed to contain offshore and shoreline oil spills, of which there are hundreds every year, ranging from tens of millions of gallons to millions of barrels of oil in size, causing up to tens of billions of dollars' worth of ecological and business damages. Through a recent transaction

Director Watson Leads Deepwater O&G Containment Exercise

As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production can continue to expand safely and responsibly, Bureau of Safety and Environmental Enforcement (BSEE) Director Jim Watson launched an unannounced exercise to deploy critical pieces of state-of-the-art well control equipment to the ultra-deep seabed of the Gulf of Mexico.

Owner To Shippers: Shape Up Or Face Draconian Laws

Oil companies and the tanker industry deserve to be hit by Draconian legislation if they do not clean up their act, according to a major shipowner. A series of simple measures would eradicate most of the defects which led to the loss of the Erika, said Lars Carlsson, president of Swedish tanker operator Concordia Maritime. "If we in the shipping industry abstain from introducing...steps which can so easily reduce most of the hazards in sea transportation

Shipyard's Apprenticeship Program Offers First Grads Since 1993

On Friday, August 17, Portsmouth Naval Shipyard graduated its first Cooperative Apprenticeship Program (CAP) class since 1993, when the program was halted by the threat of base closure and subsequent reductions in work force. The nine graduates began as a class of 12 in 1997 and have all accepted permanent, journeyman-level positions on the yard. Two years ago, each student received an associate's degree from a participating technical college

BP to Burn Off Some Collected Oil

According to a June 10 report from Reuters, BPwill begin burning up to 10,000 barrels a day of oil from its Gulf of Mexico leak possibly as early as Monday, June 14, a company executive said. The British energy giant is collecting oil spewing from its blown-out seabed well through a containment cap and plans to test a second system to capture more oil over the weekend, Kent Wells, BP's senior vice president of exploration and production, said in a telephone briefing

Knightsbridge Tankers Stock Hits New High

According to a report from www.thestreet.com, Knightsbridge Tankers (Nasdaq:VLCCF) hit a new 52-week high Feb. 15 as it traded at $25.30 compared with its previous 52-Week high of $25.25. Knightsbridge Tankers is changing hands at $24.94 with 21,434 shares traded as of 9:32 a.m. ET. Knightsbridge Tankers has a market cap of $426.6 million and is part of the services sector and transportationindustry.   (Source: www.thestreet