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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


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


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


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


RIBCRAFT Offers Special Pricing

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 Liner Arrives for NY Christening

Disney Fantasy: Credit Disney

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


ClassNK Approves Fillet Welding Consumable

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


Northern Sea Route Opens Earlier than Last Year

Analysis results as of August 21 confirming the Northeastern passage open to vessels

Northern Sea Route (NSR) eastern passage opens two weeks earlier than last year; Global Ice Center predicts NSR to remain open for six weeks The Global Ice Center at Weathernews Inc. announced that the Northern Sea Route (NSR) bordering Russia is open to commercial shipping traffic as of August


SeaProcurement Version 2 Now Available

iMarine Software announced today the release of SeaProcurement (SeaProc) Version 2, the next generation of eProcurement systems specifically targeting the marine industry. “Typical corporate software systems can be expensive to license and support,” said Issa Odeh


ESG Replicates Historic Schooner 'Columbia'

Schooner Columbia launch: Photo collage courtesy of ESG

Eastern Shipbuilding Group, Inc. (ESG) informs that a steel hull replica of the historic Gloucester Fishing Schooner COLUMBA has been launched at its Panama City, Florida, shipyard with employees, dignitaries and guests in attendance. The original COLUMBIA was a 141’ classic Gloucester


Ecospeed Fuel and Cost Saving Solutions at SMM

Photo courtesy of Ecospeed

Ecospeed announced it will exhibit its line of fuel and cost saving solutions at SMM in Hamburg. Ecospeed and fuel savings Routine in-water cleaning results in a super smooth hull over the life of the vessel and is the best guarantee of the highest fuel savings possible


Markey Equips Research Vessel Sally Ride

Research Vessel Sally Ride (Photo courtesy of Scripps Institution of Oceanography)

Named for the first American woman launched into space aboard the Space Shuttle Challenger, the Research Vessel Sally Ride was commissioned August 9 at Dakota Creek Industries (Anacortes, Washington). Sally Ride is a U.S. Navy Office of Naval Research sponsored Auxiliary General Oceanographic


Drum Cussac Trains O&G Supply Entrepreneurs

Photo courtesy of VETA

Drum Cussac said it is helping Tanzania's budding entrepreneurs cater to the requirements of the international oil and gas companies operating in the country, as part of its own Corporate Social Responsibility (CSR) initiative and a Tanzanian government vocational scheme.


Permanent On-site Collision Damage Repair in Greece

Hydrex diver performing initial inspection of the damaged hull. (Photo: Hydrex)

In July Hydrex mobilized a team of diver/technicians to Syros, Greece, for a complex repair operation on a 118-meter, 8550 DWT chemical tanker. The vessel had suffered large cracks in her hull plating as the result of a collision. She was not allowed to sail any further


Jacques R. Saadé Visits the CMA CGM Columba

Jacques R. Saadé on board the CMA CGM Columba (Photo courtesy of CMA CGM)

During the CMA CGM Columba call in Beirut, Lebanon, on August 19, Jacques R. Saadé, CMA CGM Group's Chairman and Chief Executive Officer, visited the 11,400 TEU ship. He spoke with the Captain about the savings generated by the recent change of the bulbous bow on the ship


CMA CGM Chairman Visits Bow-Refitted Containership

Company chairman & ships captain: Photo CMA CGM

During the recent call in Beirut, Lebanon, of the 'CMA CGM Columba', Mr. Jacques R. Saadé, CMA CGM Group's Chairman and Chief Executive Officer, visited the 11,400 TEU ship. He spoke with the Captain about the savings generated by the recent change of the bulbous bow on the ship


Eaton to Exhibit at SMM

Photo: Eaton

Power management company Eaton will demonstrate its expanded ability to deliver electrical, explosion-proof and hydraulic equipment for the marine and offshore industry at the international maritime trade fair SMM 2014 from September 9-12 in Hamburg


Navy CNO Sets Out Annual 'Navigation Plan'

Adm. Jonathan Greenert: Photo USN

The Navy's top leader has released a detailed plan that highlights the U.S. Navy's intended track and investments for the next 5 fiscal years, informs Chief of Naval Operations Public Affairs. Chief of Naval Operations (CNO) Adm. Jonathan Greenert's 2015-2019 Navigation Plan defines how the


400 Migrants Rescued by USCG & RBDF

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  Coast Guard crews and Royal Bahamian Defence Force (RBDF) rescued more than 400 Haitians illegally migrating in three separate at sea interdictions in the span of 11 days. Monday, an aircrew aboard a Coast Guard C-130 aircraft from Coast Guard Air Station Clearwater located a 40-foot


Massive Haitian Refugee Rescues off Bahamas

Cutter Paul Clark: File photo

Coast Guard crews and Royal Bahamian Defence Force (RBDF) rescued more than 400 Haitians illegally migrating in three separate at sea interdictions in the span of 11 days, informs the US Coast Guard. Monday, an aircrew aboard a Coast Guard C-130 aircraft from Coast Guard Air Station


Webb Institute Selects Crowley Scholarship Recipients

Erin McElroy and Brian Mills (Photo: Webb Institute)

Webb Institute, a four-year college specializing in naval architecture and marine engineering, announced the 2014-2015 recipients of Crowley Maritime Corp.’s Thomas B. Crowley, Sr. Memorial Scholarship today. The school’s scholarship selection committee chose Erin McElroy, of Groton


Persistence Pays Off For First Female Dragline Trainee Operator

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  Marianne Finch may only be a rookie at the controls of Dragline 13 but as Saraji’s first female Dragline Trainee, she has a strong message for her female colleagues in the mining industry: “Don’t take no for an answer”.






 
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