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
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
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
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
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
RIBCRAFT, a builder of professional grade rigid inflatable boats (RIB) for sailing programs and yacht clubs announced today that during the month of January all sailing programs and yacht clubs will receive special discounted pricing. Sailing programs and yacht clubs that place their order for a new RIB by January 31st will receive a 5% discount off of the total sales price. In addition to the discount
Disney Cruise Line ship Disney Fantasy sails past Statue of Liberty for Christening Ceremony The Disney Fantasy, newest ship of Disney Cruise Line, arrives in New York after traveling nearly 3,800 miles across the Atlantic Ocean from Bremerhaven, Germany. The 4,000-passenger Disney Fantasy will be christened in New York on March 1, then sail to her home port of Port Canaveral, Fla. With a maiden voyage on March 31
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
Mitsubishi Heavy Industries, Ltd. (MHI) has completed delivery of the first three units of a 50-ton deck crane featuring a newly-developed synchronized control system, for a long-cargo transport ship constructed by Shin Kurushima Dockyard Co., Ltd
Royal Caribbean International took delivery today of the newest addition to the cruise line’s fleet, Quantum of the Seas, from Meyer Werft Yard, at an official signing ceremony in Bremerhaven, Germany attended by Royal Caribbean Cruises Ltd.’s Chairman and CEO Richard D
The CMA CGM Group said it will retrofit 10 of its vessels’ bulbous bows to achieve improved energy efficiency for slow steaming. The modifications are in addition to the 15 CMA CGM ships that have already been retrofitted in 2013 and 2014.
Vesper Marine has announced updates to its WatchMate Vision and XB-8000 product lines. Now, in addition to transmitting and receiving position, course, speed and vessel details for collision avoidance, both devices feature high-speed 5Hz GPS receivers making them the first Class B AIS
Crowley Maritime Corporation’s liner services group and Seaboard Marine Ltd. announced today that they have entered a new vessel sharing agreement (VSA) to service customers in the Dominican Republic trade lane, while also changing their current VSA to Panama and Costa Rica.
ICO and AET, the two ro/ro terminals in the port of Antwerp, are now also connected to the e-Desk. The Antwerp Port Community System (APCS) introduced the e-Desk for containers already in 2012, and this year the successful collaboration has been extended to rolling stock
Port industry veteran Don Allee will assume control of the Port’s Cruise and Tourism Division in January, following the retirement of current Director J. Robert Jumonville. Jumonville, who will retire in January after 25 years at the Port
Norwegian Cruise Line returned to Houston on Saturday, October 11. Its Norwegian Jewel arrived at the Bayport Cruise Terminal in Pasadena, Texas. This inaugural call marked the beginning of the 2014 Fall Cruise Season for the Port of Houston Authority
The British Marine Society & Sea Cadets will say farewell to its training vessel, TS Royalist, while a replacement with the same name is already under construction at the Spanish Gondan Shipyard. The new training ship is expected to enter service during summer 2015.
The Coast Guard is searching for a missing boater 50-miles south of St. Marks, Florida, Sunday. Missing is George Taylor, 60, from Tallahassee, Florida, who was reportedly sailing his 27-foot Catalina sailboat from St. Marks to Carrabelle Florida.
Temporary suspension of Central China (CC2) Service / All ports covered by other G6 services In response to seasonal changes in market demand, the members of the G6 Alliance announced the temporary suspension of their Central China (CC2) service between Asia and the U.S
ARM Cuauhtémoc, a Mexican Navy barque, also known as the Ambassador and Gentleman of the Seas, will sail into the Port of Los Angeles next week and offer free public tours throughout the week on the L.A. Waterfront. The historic vessel, with a crew of approximately 200 aboard
Eastern Shipbuilding Group’s reengineered Columbia, built from the original design plans of the classic 1923 Essex-built schooner, will be on display at the Fort Lauderdale International Boat Show, October 30-November 3, 2014. The original Columbia
Under cooperation with Japan's Coast Guard, Mitsui O.S.K. Lines, Ltd. (MOL) has conducted a tabletop drill based on a scenario in which fire occurred in the engine room on a bulk carrier while under way at Kudako channel in Inland Sea, resulting in the vessel going aground
RT Discovery, the first of the next generation Rotortugs, was delivered by Cheoy Lee Shipyards Ltd. to her new owner Elisabeth Ltd. in Malta. The new Robert Allan Ltd. designed 80 tons harbor/escort tug features the Rotortug propulsion configuration.