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
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
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
The Royal Caribbean ship Nordic Empress will reposition to the Caribbean from Philadelphia, where the ship has been sailing from since the terrorist attack in New York. Nordic Empress will depart Philadelphia on October 21, on an eight-night sailing to San Juan, Puerto Rico, with port calls in King's Wharf, Bermuda and St. Thomas, U.S. Virgin Islands. The Celebrity Cruises ships Horizon and Zenith will reposition to the Caribbean from Philadelphia and Baltimore, respectively
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
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
Part I: Shipping In Ice For as long as men have traveled and traded by water-routes, ice has been a nemesis for ships and their hulls. And with good reason since, on average, sea ice covers about 25 million square kilometers (9,652,553 square miles) of the planet—amounting to about
Crowley Maritime Corporation awarded two Thomas B. Crowley Sr. Memorial scholarships to United States Merchant Marine Academy (USMMA) cadets Christopher Anthony and Thomas Treat during the 2013 Containerization and Intermodal Institute’s Connie Awards luncheon in Newark, N.J. yesterday
Royal Caribbean International’s newly revitalized 2,360-passenger Serenade of the Seas arrives at the Port of New Orleans’ Julia Street Cruise Terminal Dec. 12 to sail weekly itineraries through April. The 965-foot cruise ship was completely refurbished in December 2012 and replaces
Mainboard-listed JES International Holdings Limited, a private shipbuilding group based in the PRC, announced that the group has commenced the steel cutting for its first two Platform Support Vessels (PSV) at its shipyard located in Jingjiang City, China.
Somali nationals Ahmed Muse Salad, a/k/a “Afmagalo,” 27, Abukar Osman Beyle, 33, and Shani Nurani Shiekh Abrar, 31, who were previously found guilty of piracy, murder within the special maritime and territorial jurisdiction of the United States, violence against maritime navigation
The Chinese People's Liberation Army (PLA) Navy's hospital ship, the 'Peace Ark', has set sail for a typhoon relief mission to the Philippines, reports Xinhua. The 300-bed ship with eight operating rooms sounded its horn as it set off from a navy port on Zhoushan island in east China's Zhejiang
The International Propeller Club honors Captain Goben in recognition for his service to the maritime industry Captain Richard Goben, Port Captain of Hornblower Cruises & Events in San Diego, received an international maritime award at the 87th Annual Convention and Maritime Industry
Today in U.S. Naval History - November 26 1847 - Lt. William Lynch in Supply sails from New York to Haifa for an expedition to the River Jordan and the Dead Sea. His group charted the Jordan River from the Sea of Galilee to the Dead Sea and compiled reports of the flora and fauna of the area
At least 10 Haitian migrants are reported dead and approximately 100 are being rescued by Coast Guard and Royal Bahamian Defense Force rescue crews 15 nautical miles southwest of Staniel Cay, Bahamas, Tuesday. More than 100 Haitian migrants fell into the water Monday night when their overloaded
The oil tanker “Energena’ managed by Gulf Stolt Ship Management and currently undergoing maintenance at Drydocks World, will become the first commercial vessel to sail under the UAE flag , reports 'Trade Arabia'. The Tasneef (Emirates Authority for Classification) classification
Software developer Northport Systems Inc. has announced the latest enhancement to its innovative Fugawi Marine 5 marine navigation software, Theyr Weather. Fugawi Marine 5 allows for simple download, management, and display of high-resolution weather data from the X-Traverse web service
Today in U.S. Naval History - December 4 1918 - President Woodrow Wilson sails in USS George Washington for Paris Peace Conference. 1943 - Aircraft from USS Lexington (CV-16) and USS Independence (CVL-22) attack Kwajalein Atoll, sinking four Japanese ships and damaging five others
Today in U.S. Naval History - December 5 1843 - Launching of USS Michigan at Erie, Penn., America's first iron-hulled warship, as well as first prefabricated ship. 1941 - USS Lexington (CV-2) sails with Task Force 12 to ferry Marine aircraft to Midway, leaving no carriers at Pearl Harbor.
BIMCO & Fathom have joined forces to provide comprehensive information on ballast water treatment, to help shipowners make wise decisions in advance of new Ballast Water Management Regulations which are likely to be implemented in 2014.
The metal spinning machine, a propeller nozzle manufacturing method with basically one single weld only is now operational in the Chinese plant of Damen Marine Components (DMC). Consequently, the technique which DMC has revolutionized nozzle production is up and running at both of its plants.