Friday, May 16, 2008 Maritime News

Teekay Announces Dividend

May 16, 2008

Teekay Tankers Ltd. announced a cash dividend of $0.70 per share for the quarter ended March 31, 2008. This dividend is payable on May 30, 2008 to all shareholders of record on May 23, 2008.

Ananda Shipyard to Deliver First Ship

May 16, 2008

Putin Pushes Russian Shipbuilding Reform

May 16, 2008

Vladimir Putin reportedly has lamented the state of Russian shipbuilding, criticizing the pace of efforts to overhaul the industry, according to a recent AP report.

Energy Efficient Ships Addressed by GL

May 16, 2008

  In an industry characterized by increasingly keen competition, the key issues are designing, building and operating ships efficiently. An efficient ship is

Strategic Marine Wins Tug Deal

May 16, 2008

  Western Australian shipbuilder Strategic Marine has broken new ground by winning a contract to build a 23.9m new generation compact tug – the first tugboat signing in the company’s history.

Wärtsilä Expands in Norway

May 16, 2008

Wärtsilä in Norway has experienced strong growth in recent years, particularly in the offshore segment, a target area on which Wärtsilä's Oslo team will be heavily focused.

Rigdon Christens Slap Shot

May 16, 2008

The Slap Shot is a 190 x 46 x 18-ft., diesel electric, DP-2 PSV, which features a capacity of 4,000 barrels of liquid mud in an oval, self-cleaning, segregated tank system.

Coast Guard, Sheriff Dept. Sign Agreement

May 16, 2008

The U.S. Coast Guard and Orange County Sheriff's Department (OCSD) signed a memorandum of agreement on Monday, May 12, 2008.  The agreement delineates the specific

MJP Wins Record Order in S. Korea

May 16, 2008

      The Coast Guard of Taiwan has recently taken delivery of CG hull 123 and CG 125, which form part of Taiwan's 500 ton project. These two new vessels

Conrad Announces 1Q Results

May 16, 2008

Conrad Industries, Inc. announced its first quarter 2008 results and net new business of $21m, including the signing of contracts for the construction of eight

EB Wins Navy Funds

May 16, 2008

Electric Boat Corp., Groton, Conn., is being awarded a $38,031,795 cost-plus-fixed-fee modification to the previously awarded contract (N00024-96-C-2100) for the

This Day in Naval History - May 16

May 16, 2008

1820 - Congress becomes first U.S. warship to visit China. 1919 - Three Navy flying boats begin 1st trans-Atlantic flight from Newfoundland. 1965 - First U.S.

Marine construction project gone wrong

May 16, 2008

The US Court of Appeals for the Fifth Circuit ruled that a creditor with a perfected Uniform Commercial Code (UCC) security interest prevails over a creditor with a subrogated claim.

Oil Spill Bill Forwarded

May 16, 2008

The Senate Commerce Committee approved the Oil Spill Prevention Act, legislation introduced by Senator Frank Lautenberg (D-NJ) and cosponsored by Senator Barbara

Bill introduced to reauthorize MARAD

May 16, 2008

Senator Lautenberg (D-NJ) introduced the Maritime Administration Act for Fiscal Year 2009 (S. 2997) to reauthorize the Maritime Administration, and for other purposes.

SCC Meeting Set

May 16, 2008

The Shipping Coordinating Committee, sponsored by the US Department of State, will conduct several meetings in Washington, DC.  On May 22, the Subcommittee on Flag

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