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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


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


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


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


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


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


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


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


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


Ebola Outbreak Delays Mercy Ships Sail to Africa

Africa Mercy (Photo courtesy of Mercy Ships)

The Africa Mercy adjusts plans to bring hope and healing in the midst of current uncertainties Collateral hardship from the Ebola epidemic now includes a delay for Mercy Ships, which operates the world’s largest civilian hospital ship in ports on the West Coast of Africa


Admiral Vladimirsky on Round-the-world Voyage

  On 18 August, the Admiral Vladimirsky oceanographic research ship of the Baltic Fleet will leave St. Petersburg and then set sail on an unprecedented round-the-world voyage. "The Russian Navy, after more than 30 years, is returning to round-the-world voyages


Brazilian Ferry Launched

Photo courtesy of CoCo Yachts

AFAI Southern Shipyard and CoCo Yachts Holland announced that the first Urban Sprinter 2000, yard number ASA 042, was launched August 14, 2014. The Urban Sprinter 2000 was designed by CoCo Yachts Holland and built by AFAI Southern Shipyard in Guangzhou for SETRANS Rio de Janeiro


Emergency Beacon, Preparedness Save Mariner Off Diamond Head

Emergency Beacon

The Coast Guard rescued a man in a life raft after his sailboat sank approximately seven miles south of Diamond Head, Tuesday. Watchstanders at the Coast Guard Sector Honolulu command center overheard a brief mayday call over VHF channel 16 at 7:43 p.m., with no additional information.


Emergency On-site Repairs Keeps Vessel Sailing

Photo courtesy of Hydrex

Hydrex offers fast on-site repairs in emergency situations. Its fast response team are ready to mobilize immediately to locations around the world for a wide range of operations.   There are many events that can stop a ship from sailing


Danelec to Show VDR Tech at SMM2014

DM100 VDR group shot.jpg

Danelec Marine, supplier of Voyage Data Recorders (VDRs), will showcase its DM100 VDR at SMM2014, located at Hall B6, Booth #623. It is the first VDR to be type approved and wheelmarked by BSH for compliance with the new IMO standard, which came into force July 1


Global LNG Analytics Services Announced

Illustration of iGIS/LNG global analytics tracking

TerraMar Networks and Energy Perspectives join forces to offer ground-breaking LNG analytics services.   Global GPS asset tracking provider, TerraMar Networks Limited has announced  that it has entered into an agreement with Energy Perspectives


Van der Velden Marine Systems at SMM 2014

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Van der Velden Marine Systems BV, specialist in the field of manoeuvring and propulsion efficiency, will exhibit at the SMM 2014 International Trade Fair in Hamburg, which will be held from 9 until 12 September. Van der Velden can be found at stand Hall A4 – booth 208.


PM to Lay Foundation of JNPT's SEZ on 16th August

JNPT

  The Prime Minister Narendra Modi will lay the foundation of a Port- Based Multi-product Special Economic Zone (SEZ) at the prestigious Jawaharlal Nehru Port Trust (JNPT) at Sheva, Navi Mumbai on Saturday, August 16, 2014. The proposed industrial infrastructure in 277 hectares with a


Greenpeace Ship Welcomed Back After 300-day Russian Detention

Arctic Sunrise: Photo Greenpeace

The environmental protest icebreaker 'Arctic Sunrise' has sailed back into Dutch territorial waters after over 300 days in Russian custody. The ship had been held illegally since taking part in a peaceful direct action against state owned oil company Gazprom


Atlantic Offshore takes Delivery of Newbuilding 722

Ocean Marlin, our newbuilding 722 has been delivered to Atlantic Offshore

  Ocean Marlin is the second vessel of three signed with Atlantic Offshore with HY820 design. She is now sailing to Stavanger and her naming ceremony will be next Wednesday, 13th August. The vessel has been constructed in our Yard of Pasajes with the following main particulars:


Suez Canal: Better Service to the Shipping Industry

Photo courtesy of Suez Canal Authority

According to the U.S. Energy Information Agency, one of the world’s oil transit choke-points is the Suez Canal, the Panama Canal being another. However, the recently announced Suez Canal expansion plans are more likely to cater for containership transits






 
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