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.
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 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
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
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
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.
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 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
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
Classification society ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to improve welding efficiency and coating quality in commercial vessels. Until now, shipbuilders using conventional fillet welding consumables had to make two welding passes for the required weld leg lengths of around 8mm or above. As the IACS Common Structural Rules (CSR) require the use of 8mm leg lengths in some structural members
With Viking Ocean Cruises officially has its first cruise ship, the group has embraced a new strategy intended to split its growth more evenly between river and ocean cruising. “Viking Star”, the first of three cruise ships which Fincantieri is currently building for
Royal Caribbean International will deploy yet another big ship in China, with the 4,180-passenger Ovation of the Seas joining Quantum of the Seas in the Far East. The Miami-based cruise company takes delivery of Ovation in April 2016 and it will head straight to China rather than
Warships shelled a column of Houthi fighters and troops loyal to former president Ali Abdullah Saleh as they tried to advance on the southern port city of Aden on Monday, residents said, the first known report of naval forces taking part in the conflict.
Viking Ocean Cruises has announced it took delivery of Viking Star, marking the company's official arrival into the ocean cruise industry. The delivery ceremony took place on March 28 when the ship was presented at Fincantieri's Marghera shipyard outside of Venice, Italy
MacGregor, part of Cargotec, has supplied Royal Caribbean International's first Quantum Class cruise ship with a crane and observation gondola called the North Star. It will lift guests 91m above sea level to give them panoramic views of the ship, sea and ports of call.
Royal Caribbean International's first Quantum Class cruise ship, Quantum of the Seas, will feature a crane and observation gondola to lift guests 91 meters above sea level, giving them panoramic views of the ship, sea and ports of call.
Mega-cruise ship Queen Mary 2 has ditched its Wellington visit with the capital in sight on account of heavy swells caused by Cyclone Pam. The Queen Mary 2 was due in Wellington this morning after spending time in the Marlborough Sounds
MSC Cruises announced that the first of its next generation Seaside class of ships, set to debut in November 2017, will be named MSC Seaside and sail year-round from Miami to the Caribbean. Following the first ship's delivery from the shipyard
Ten countries jointed together with its naval forces in Langkawi, Malaysia, to begin a two-day Multinational Maritime Security Exercise, says a report in Bernama. A total of 19 naval vessels of various classes are being used by the forces of Brunei Darussalam, India, Indonesia
The first cruise ship of the 2015 season will depart Port Metro Vancouver this weekend. An exciting and increasingly popular cruise itinerary will run back-to-back trips between Vancouver and Hawaii for the first time, bringing an earlier-than-usual start to the 2015 Canada Place cruise
A 53-year-old passenger was medevaced from the cruise ship Emerald Princess nine miles off Galveston Sunday, the U.S. Coast Guard reported. At approximately 8:30 p.m., the Captain of the Emerald Princess contacted Sector Houston-Galveston watchstanders stating that a passenger smashed his
Leading marine and fire safety equipment and service provider, VIKING Life-Saving Equipment (VIKING) is stocking ready-packaged liferafts to provide fixed-price liferaft exchange to vessels calling Japanese ports. “The world of shipping is dominated by a small group of countries
Condor Ferries have made their final sailing from Weymouth. Cross-channel ferry services from Weymouth have come to an end with the final sailing to Guernsey. Condor is to operate a new and larger ferry on a single service from Poole instead as Weymouth's port is deemed too small
19 ships laden with petrol and other commodities are discharging at the Lagos ports, says Nigerian Ports Authority (NPA) in its daily publication `Shipping Position’. Three of the ships were laden with petrol, while the others had diesel, steel products, containers, bulk salt
The US builders Front Street Shipyard’s in-house design team is collaborating with yacht designer Bill Tripp to develop a new line of modern sloops that are now available for construction. The shipyard said the line includes 84-foot