Wednesday, October 29, 2008 Maritime News

This Day in Naval History – Oct. 30

Oct 29, 2008

1799 - William Balch becomes Navy's first commissioned Chaplain. (Source: Navy News Service)

Langh Ship Recognized for Innovation

Oct 29, 2008

A steel transportation method developed by Oy Langh Ship Ab was awarded an honorable mention in the Finnish nationwide Productive Idea Competition. The award was presented at a banquet on Oct.

Braemar Shipping Interim Results

Oct 29, 2008

Financial highlights include: Revenue from continuing operations $109.6m (2007: $74.1m), a rise of 48% (23% excluding acquisitions) Pre-tax profit from continuing operations $15.

Netherlands Signs Wreck Removal Convention

Oct 29, 2008

The Nairobi Wreck Removal Convention was adopted in May 2007 and will provide the legal basis for States to remove, or have removed, shipwrecks that may have

Napa Releases New Software Version

Oct 29, 2008

One of the main areas of focus has been the development of new tools for probabilistic damage stability calculations. This development work will be relevant to

VTC Gets $6.4m Contract

Oct 29, 2008

The upgrade of DGPS stations includes adding capability to use Modernized GPS signals and the additional functionality required for tracking the future Galileo

EU Bank Agrees Fos 2XL finance deal

Oct 29, 2008

Upon completion of the project, the creation of two new terminals due on stream in 2010, capacity will increase from the current 1m teu per year to 2.5m teu.

Grounded Containership Rescued

Oct 29, 2008

The 2006-built vessel grounded after suffering rudder failure near Ossenisse on the River Scheldt, between Hansweert and , during ebb tide. Working under a Lloyd’s Open Form agreement,

China Delivers Largest Oil Tanker

Oct 29, 2008

The "Hua San" is capable of carrying 318,000 tons of crude oil. It is 1,093 feet long, 197 feet wide and 100 feet high. The maker Shanghai Waigaoqiao Shipbuilding Co,

Hanwha to Buy Daewoo Shipbuilding

Oct 29, 2008

(Source: FinanceAsia.com)

Shipbuilders Support Collins for Senate

Oct 29, 2008

In recognition of her commitment to the men and women who work at Bath Iron Works, a coalition of shipbuilders pledged their support for Susan Collins for re-election to the United States Senate.

Algonquin Returns to Canadian Navy

Oct 29, 2008

(Source: Lookout Journal)

Zodiac Site Compares Fuel Consumption

Oct 29, 2008

According to Yamaha engine performance tests on a variety of vessels, Zodiac RIBs use less horsepower and get twice the miles per gallon than heftier counterparts.

Britannia Bulk Talks About Financial Difficulties

Oct 29, 2008

While the company has not yet concluded the review of its financial results for the three months ended September 30, 2008, the company expects to announce a significant

Sperry Marine to Upgrade USS Carl Vinson

Oct 29, 2008

Exmar 3Q Report

Oct 29, 2008

·        Turnover: first semester $253.6m; third quarter $130.4m; YTD 2008 $384m; YTD 2007 $361.5m. ·        Operating cash flow (EBITDA): first semester $63.

Horizon Marine – Modeling Brazil Currents

Oct 29, 2008

Horizon Marine has initiated a Joint Industry Project (JIP) with two Eddy Watch – Trinidad/Venezuela clients and a modeling group at the of to develop a dynamic

Datatrac Systems Sold to OSG

Oct 29, 2008

The EERL system reduces the paperwork associated with traditional handling of engine room logs; digital data is collected in a PDA, data entry is timed and PIN

M Ship Aim: Safer Vessels for Special Ops

Oct 29, 2008

The San Diego-based company received $2m in Congressional funding that will allow USSOUTHCOM to rapidly field an operational demonstrator for the evaluation of a shock-mitigating craft.

BMT Techmar Opening in Le Havre

Oct 29, 2008

As the leading French port for container traffic, has undergone recent and considerable expansion to increase its cargo handling capacity, with some 60% of all

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