Thursday, November 05, 2009 Maritime News

Fincantieri Invests in U.S. Yards

Nov 05, 2009

Fincantieri Cantieri Navali Italiani S.p.A is investing and committing more than $40m in 2009-10 facility improvements at its mid-tier United States shipyards,

P.B. Shah President Ingram Barge Co.

Nov 05, 2009

P.B. (Kaj) Shah, Senior Vice President of Customer Service, was named President of Ingram Barge company. The appointment was announced by Craig E. Philip, CEO of Ingram Barge Company.

Hornbeck Offshore Q3 2009 Results

Nov 05, 2009

Hornbeck Offshore Services, Inc. (NYSE: HOS) announced results for the third quarter ended September 30, 2009. Third quarter 2009 revenues decreased 17.4% to $90.

Shell’s Successful South African Offshore Bid

Nov 05, 2009

The South African Petroleum Authorities confirmed Royal Dutch Shell plc as the successful bidder for exploration rights in the Orange Basin deep-water area, off the country’s west coast.

Bender Secures Loan, Sells Assets

Nov 05, 2009

According to a Nov. 4 report from www.al.com, attorneys for Bender Shipbuilding & Repair Co. reached an agreement Tuesday with creditors that will allow the bankrupt Mobile, Ala.

Seaspan Reports Financial Results

Nov 05, 2009

Seaspan Corporation (NYSE: SSW) announced the financial results for the three and nine months ended September 30, 2009. Third Quarter 2009 and Year-to-Date Highlights: - Reported revenue of $74.

Naval Units Cooperation Disrupts Pirates

Nov 05, 2009

On the morning of November 5th a General Cargo ship and a Bulk Carrier were attacked in the Gulf of Aden. Cooperation between EU NAVFOR and NATO prevented two more hijackings.

Seaware Routing Version 5

Nov 05, 2009

Seaware AB announced a new major upgrade for its Seaware Routing software, introducing cost-based ship route optimization. The Seaware Routing software is designed

DryShips Debt Agreement

Nov 05, 2009

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that

Coast Guard Photo

Nov 05, 2009

The 378-ft Coast Guard Cutter Rush, homeported in Honolulu, Hawaii, arrives in Shanghai, Sunday, Nov. 1, 2009. The crew of the Rush is in China to engage in maritime

Excel Maritime Reports Q3 Results

Nov 05, 2009

Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes,

Cargotec Contract to Supply Namibia Namport

Nov 05, 2009

Cargotec has won a contract to supply six Kalmar E-One² rubber-tyred gantry (RTG) cranes to Namport in Namibia for increasing operational efficiency at their Walvis Bay port.

Ship Bound for Breaking Finds New Career

Nov 05, 2009

The Margaret Hill, a 50,700 tonne liquid natural gas tanker, was stopped from leaving the UK’s Southampton docks in August this year. The Environment Agency took

This Day in Coast Guard History – Nov. 6

Nov 05, 2009

1882-At half past 4 in the afternoon the lookout at Station No. 8, Tenth District (Forty Mile Point, Hammond’s Bay Lake Huron) discovered a small boat north of the station about six miles distant,

This Day in Naval History – Nov. 6

Nov 05, 2009

1851 - U.S. Navy expedition under command of LT William Lewis Herndon, on a mission to explore the valley of the Amazon and its tributaries, reaches Iquitos in

Record Attendance for SNAME 2009

Nov 05, 2009

Challenging economic conditions didn’t stop a record number of industry professionals from attending The Society of Naval Architects and Marine Engineers (SNAME) 2009 Annual Meeting and Expo.

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