Tuesday, February 23, 2010 Maritime News

Management Change at Davie Yards

Feb 23, 2010

Davie Yards Inc. (TSX:DAV) announced that Alain Tanguay has tendered his resignation as Chief Financial Officer of the Corporation, effective February 26, 2010, to pursue other career opportunities.

MOL Carriers Rescue Students

Feb 23, 2010

Mitsui O.S.K. Lines, Ltd. announced that its woodchip carriers Hokuetsu Delight and Crystal Pioneer searched for survivors of a training ship 550 km southeast of Rio de Janeiro in the South Atlantic,

Offshore Wind Demo Project

Feb 23, 2010

The U.S. Army Corps of Engineers (USACE) issued a notice stating that it intends to prepare a draft environmental impact statement for the proposed Duke Energy Carolinas,

Great Lakes 2010 Pilotage Rates

Feb 23, 2010

The U.S. Coast Guard issued a final rule establishing the rates for pilotage services on the Great Lakes. With effect from August 1, the rates will increase by an average of 5.

Star Bulk Q4 & Year End Results

Feb 23, 2010

Star Bulk Carriers Corp. (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating

Incat Crowther Monohull Crewboat

Feb 23, 2010

Incat Crowther announced construction of a 118 ft Monohull Crewboat for the Brazilian oil giant, Petrobras. This vessel is one of the first projects to take advantage

New Navy Contract

Feb 23, 2010

Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded a $19,400,942 modification to previously awarded contract (N00024-08-C-2100) for planned

NewLead Holdings Buys Vessels

Feb 23, 2010

NewLead Holdings Ltd. (NASDAQ:NEWL) announced that it has signed a Stock Purchase Agreement providing for the purchase of two Kamsarmaxes for an aggregate purchase price of $112.

Navios Reports Q4 Results

Feb 23, 2010

Maritime Holdings Inc. (NYSE:NM) , a global, vertically integrated seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2009.

Wärtsilä Slow Steaming Upgrade Kits

Feb 23, 2010

Wärtsilä has signed a contract with the German shipowner Jüngerhans, located in Haren (Ems), Germany, to refit two of its vessels with Wärtsilä Slow Steaming Upgrade Kits to cut fuel costs.

U.S. Navy Rescues Ship, Catches Pirates

Feb 23, 2010

According to a Feb. 23 report from Reuters, a U.S. Navy warship prevented an attack on a Tanzanian ship and apprehended eight suspected pirates in the process, the U.

Seakeeper New Rep Firm Commar Sales

Feb 23, 2010

Seakeeper has brought on ComMar Sales to handle the East Coast, South, Gulf Coast and Florida distribution of its line of Gyro Stabilization Systems. ComMar will represent Seakeeper in Alabama,

CEPSA Panama New Barge, Port of Cristobal

Feb 23, 2010

CEPSA Panamá, consolidated as physical supplier of marine fuel at both sides of the Panama Canal, set up a new barge at the port of Cristobal. The Panabunker-Once started operations Jan.

This Day in Coast Guard History – Feb. 24

Feb 23, 2010

1964- A U.S. Coast Guard ice skiff rescued 25 persons from an ice flow that had broken loose from the shore near Camp Perry, Ohio. A similar rescue took place almost simultaneously at St.

This Day in Naval History – Feb. 24

Feb 23, 2010

1813 - USS Hornet, Captain James Lawrence, captures HMS Peacock 1968 - Task Force Clearwater established in I Corps (Source: Navy News Service)  

MHI Licenses 3rd Chinese Company

Feb 23, 2010

Mitsubishi Heavy Industries, Ltd. (MHI) and Zhejiang Yungpu Heavy Machinery Co., Ltd. (YUNGPU) in China's Zhejiang Province agreed last December on licensing of

CMA CGM Service Resumes Through Haiti

Feb 23, 2010

Having been involved in the relief effort since the earthquake struck Haiti, the CMA CGM Group announced that it has resumed a regular service between Port-au-Prince and Kingston in Jamaica.

45 Tonne Bollard Pull ASD Tug Delivered

Feb 23, 2010

Soco (ex-Ulupinar VIII), the third of three newbuilding Robert Allan Ltd. design 45 tonne bollard pull compact ASD tugs, has been delivered by Sanmar Denizcilik Makine of Istanbul,

Latest LNG Carrier for GDF Suez

Feb 23, 2010

According to a Feb. 22 report from Lloyd’s List, French energy group GDF Suez has taken delivery of its newest liquefied natural gas carrier, the 154,200 cu m GDF Suez Point Fortin.

Dockwise Results, Q4 & Full Year 2009

Feb 23, 2010

Dockwise Reported Financial highlights Q4 2009 Adjusted EBITDA of USD 42.1 million, with margin at 36% (Q3 2009: 43%); Net profit of USD 2.8 million before non-recurring

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