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SMOOTH SAILING

Conrad Industries Report Smooth Sailing in Q1 2013

US shipbuilder & repairer Conrad Industries, announces its first quarter 2013 results and backlog. For the quarter ended March 31, 2013, Conrad achieved net income of $5.9 million and earnings per diluted share of $0.99 compared to net income of $3.2 million and earnings per diluted share of $0.52 during the first quarter of 2012. The diluted shares for the quarter ended March 31, 2013 are 6.0 million compared to 6.1 million for the quarter ended March 31, 2012. The Company’s financial reports are available at www.otcmarkets.com. Conrad’s backlog was $125.5 million at March 31, 2013 compared to $120.7 million at December 31, 2012 and $70.8 million at March 31, 2012. Conrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and government markets. The company provides both repair and new construction services at its four shipyards located in southern Louisiana and Texas.


Danish Sailors Rescued 650 Miles NE of Bermuda

USCG co-ordinates ocean rescue of two Danish sailors by Finish warship after their yacht 'Petra' sank Watchstanders at the Coast Guard 5th District command center coordinated a rescue approximately 650 miles northeast of Bermuda with the assistance of the Joint Rescue Coordination Centre Denmark and a Finnish naval vessel. The Coastguard received a notification from RCC Denmark, stating that there were two people aboard the sailing vessel Petra in need of assistance as the keel of


Chart World's ECDIS Gets U.S. Coast Guard Nod

Chart World’s eGlobe ECDIS receives type approval from the United States Coast Guard. After reviewing Chart World’s ECDIS ‘eGlobe’ the United States Coast Guard (U.S. Department of Homeland Security) has assigned the approval on August 15th, 2012. This additional approval opens the door to the North American market. Having been successfully introduced the eGlobe ECDIS being part of the new concept “ECDIS as a Service” can continue to grow in this part of


Rickmers-Linie Carries Bangladesh-Made Ferry to Denmark

Rickmers-FerryBW-Thumb.jpg

Floating craft like motor yachts, sailing yachts or catamarans are quite a regular sight on Rickmers-Linie vessels. However, the ferry which Rickmers-Linie carried from Bangladesh to Denmark on board the long-term charter vessel Baltic Winter is remarkable.   It is the first ferry built by a Bangladesh shipyard for European owners and will be put in service by Hundested-Rørvig Færgefart AS across the fjord after which the ferry is named: Isefjord. At a length of 49


Common-rail Injection for Sub-110hp Marine Diesels

Image: Yanmar

The new JH-CR series engines from Yanmar bring the benefits of common-rail fuel injection technology to units of below 110mhp.   Boat owners can now choose digitally-controlled common-rail engines from the Yanmar range with power outputs starting as low as 45mhp.The company will launch the new engines at Boot Düsseldorf 2015, with immediate availability through its worldwide distributor network.   


Shipyard Shakedown

Courtesy of Frank von Hoorn

Shipyard selection, whether it involves newbuild or repair, can be a daunting task. It doesn’t have to be that way. Selecting a shipyard is a challenging proposition, an investment really, but how does one choose the right one? Location, capabilities, price, and availability are always among the first variable to consider. Equally important, but sometimes relegated to secondary concerns are craftsmanship, safety, integrity, and technology


Hong Kong Shipping Sector Set For Y2K

Hong Kong's shipping industry is well prepared for a smooth transition to 2000, but local operators cannot guarantee their vessels are Y2K compliant, according to the Hong Kong Shipowners Association. However, chances of millennium accidents have been reduced because most ships will either be moored in port or out at sea when the clock strikes midnight on Dec. 31, officials said. If problems arise, they added, the industry is well prepared


ZF Marine’s New Single POD Propulsion System

Photo courtesy ZF Marine

ZF Marine LLC, the North American division of the global ZF Marine Group, introduced a revolutionary new approach to POD drive and joystick control technology in small pleasure craft applications. In conjunction with SeaVee boats, ZF Marine has developed a complete propulsion system solution around a center console sport fishing application that will offer joystick control and manoeuvrability while employing the pleasure craft industry’s first single POD driveline


Design of Aquarius Solar Power Array Starts

aquarius_eco_ship_tanker_3.jpg

Another step forward in the development of the Aquarius System was made recently when workbegun on the detailed design of the wind and solar sail panel. This panel or rigid sail will beused to harness wind & solar energy which will then be used to help power a ship thereby reducing fuel consumption and the emissions. The rigid sails are being developed by Eco Marine Power in co-operation with a number of development partners


USCG Credentialing and Mariner Medical Evaluations

MarineNews contributor (Captain) Jeff Cowan handicaps the current system of medical evaluations and credentialing by the U.S. Coast Guard. It’s not all smooth sailing.    “While the U.S. Coast Guard regrets any hardship merchant mariners may experience to maintain their credentials, we must maintain the safety of the Marine Transportation System through a comprehensive MMC (Merchant Marine Credential) evaluation process. This allows the U.S


Colombia Frees Chinese Ship with Weapons for Cuba

Pic by Cosco Shipping Co Ltd

 Colombia has licensed a Chinese Language ship to set sail after it was caught carrying One Hundred tonnes of explosives to Cuba illegally, the prosecutor’s workplace stated, though it continues to carry the vessel’s captain pending a felony investigation, reports Reuters.


UASC Umm Qasr Named ‘Green Ship of the Year’

UASC Umm Qasr (Photo: Hyundai Samho Heavy Industries)

The 9,000 TEU containership UASC Umm Qasr was designated “Green Ship of the Year” by the Maritime & Port Authority of Singapore.   Built by Hyundai Samho Heavy Industries (HSHI), a shipbuilding affiliate of Hyundai Heavy Industries (HHI), the containership


Euronav Warns Against Speeding up Tankers

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Many investors are asking questions about the dynamics of the tanker market and asked us to confirm their views on vessel utilisation across the tanker market. This answer is very much linked to how supply and demand balance one another in a bulk tramping market


BIMCO, Global Shipping Forum launch “SERVICECON”

Port of Hamburg

  BIMCO and the Global Shipping Forum have now launched a new standard contract – named “SERVICECON” – which simplifies and harmonises terms and conditions for container volume contracts between shippers and carriers.


Enhanced Efficiency, Capacity at Corpus Christi Port

Image

  U.S. Department of Transportation Maritime Administrator Paul ‘Chip’ Jaenichen today joined Federal, State and local officials at the Port of Corpus Christi for a ribbon cutting ceremony marking a major step forward in the development of an expanded rail yard


B&G Debuts Wireless Pilot Control

Courtesy BG

  B&G, a leader in the manufacture of instruments and marine electronics for sailing, announced today the release of the compact Wireless Pilot Controller. Providing complete control to sailors, no matter where they are on the boat


Anthem of the Seas Officially Delivered to RCL

 Royal Caribbean’s 2nd Quantum Class cruise ship, Anthem of the Seas, was officially delivered to the cruise line by Meyer Werft in a signing ceremony in Bremerhaven, Germany.   Royal Caribbean Cruises chairman and CEO Richard Fain officially received the 16-deck-high vessel from


Arctic Yacht Race from New York to Victoria

Arctic Yacht Race route: Sailing the Arctic Race (STAR)

 Extreme Arctic yacht race planned  a race through the Northwest Passage, from New York to Vancouver Island, is possible only because of sea-ice melt, the organizer says.   Sailing The Arctic Race (STAR) is launching an extreme sailing race from the Atlantic to the Pacific through


Carnival Expands Fleet with Larger, Newer Ships

Carnival Victory and Carnival Magic to provide new options from Central Florida   Starting in February 2016, Carnival Cruise Line passengers sailing from Port Canaveral will have the larger Carnival Victory as their vessel for shorter vacations and in December 2016


Hapag-Lloyd Adds North Europe-USEC Service

Image: Hapag-Lloyd

 Hapag-Lloyd will open a new weekly service between North Europe and the US East Coast, the company said in its press release.     The new route – to be christened AX4 – will see a weekly run from the ports of Bremerhaven, Rotterdam and Le Havre to Savannah and New York


Keppel's Independent Director Leong-Chee to retire

Independent Director Mr Tony Chew Leong-Chee

  Keppel Corporation Limited (Keppel Corporation) announced that Mr Tony Chew Leong-Chee, Non-Executive and Independent Director, will be retiring from the Board of Directors of Keppel Corporation on 1 May 2015. Mr Chew will concurrently cease to be Chairman of the Nominating Committee and


USCG Rescues Disabled Fishing Vessel

A 47-foot Motor Lifeboat crew from Coast Guard Station Gloucester, Mass., tows the 61-foot fishing vessel Angela Michelle to port, April 19, 2015.  (U.S. Coast Guard photo by Petty Officer 2nd Class Mark Robinson)

  A fishing crew is back on land today after a fouled anchor line stranded them about 115 miles east of Gloucester, Massachusetts, Saturday. Initially, the four-person crew aboard the 61-foot fishing vessel Angela Michelle contacted the Sector Boston Command Center when their line became


APL, MOL, NYK Launch Joint Service

APL, Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have together launched a new joint service between trading hubs in Asia and ports in Mexico, Colombia and Panama.   In a joint statement made by the carriers, APL, MOL and NYK said Asia is an important market for exporters in


CWind Orders More Composite Workboats

Photo courtesy of CTruk

CTruk has won an order for two more of its 22m multi-purpose catamaran Wind Farm Service Vessels (WFSVs). Both will be delivered to offshore wind service supplier CWind this summer as the first-of-class CWind Sword continues to impress on the EnBW Baltic 2 Offshore Wind Farm in Germany.


Anthem of The Seas Christened in Southampton

Anthem of the Seas. Photo by Royal Caribbean

 Royal Caribbean's newest ship, Anthem of the Seas, was named in Southampton, U.K.,  in a spectacular ceremony.   U.K. travel agent godmother  Emma Wilby named the 4,180-passenger ship with the words: "I name this ship Anthem of the Seas






 
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