Thursday, March 18, 2010 Maritime News

Topaz Announces $65M Profit for 2009

Mar 18, 2010

Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million

Rolls-Royce Promas Lite for Carnival Glory

Mar 18, 2010

Carnival Cruise Lines has selected the Rolls-Royce propulsion system Promas Lite, combining propeller and rudder, for their cruise vessel Carnival Glory. Preliminary

Bourbon 2009 Financial Results

Mar 18, 2010

For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate

MMWC Propeller Arresters

Mar 18, 2010

The Merchant Maritime Warfare Centre (MMWC), a UK based maritime anti-piracy organization, is launching their latest countermeasure, the MMWC Propeller Arresters.

Bourbon 2009 Financial Results

Mar 18, 2010

For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate

Record-Breaking Profits for Rafael in 2009

Mar 18, 2010

Rafael develops and manufactures advanced defense systems for the Israel Defense Forces and armed forces around the world, operating from a strong financial foundation

Tsakos Q4 & 2009 Results

Mar 18, 2010

2009 Highlights: - Voyage revenues of $444.9 million versus $623.0 million in 2008 - Income of $47.8 million (before vessel impairment charges of $19.1 million) versus $202.

Pfeifer VP of Business Dev, Marine Travelift

Mar 18, 2010

Marine Travelift, Inc. announced the promotion of Erich Pfeifer to Vice President of Business Development and Marketing. Pfeifer will be responsible for all industrial and government sales,

Statoil Initial Public Offering

Mar 18, 2010

Statoil's Board of Directors (OSE: STL, NYSE: STO) has decided to start a process to list its energy and retail business on the Oslo Stock Exchange. Further to

HB Rentals Supplies Shenzi Platform

Mar 18, 2010

Accommodations specialist, HB Rentals, a Superior Energy Services company, will provide a two-building accommodations package for the Shenzi tension leg platform (TLP) in the Gulf of Mexico.

Sorensen MCP Managing Director, Americas

Mar 18, 2010

Maritime Communications Partner (MCP), wireless communications provider to the cruise industry, announced that it has appointed Fred Sorensen as its new Managing Director for the Americas.

Korean Register Breaks Ground in Busan

Mar 18, 2010

At a ceremony in Busan, Korea on 12 March, the chairman and CEO of the Korean Register – an IACS member classification society – together with over 300 VIP guests,

Polar Tankers to Pay $588K for 2004 Spill

Mar 18, 2010

Polar Tankers Inc., a subsidiary of ConocoPhillips Co., has agreed to pay $588,000 to help compensate the public for environmental harm caused by the October 2004

This Day in Coast Guard History – March 18

Mar 18, 2010

1909-  Stations Holly Beach, and Hereford Inlet, New Jersey: the schooner C.B. parted its chain while weighing anchor.  She set a distress signal which was discovered by the lookouts at both stations.

This Day in Naval History – March 18

Mar 18, 2010

1945 - Carriers begin 3 month Okinawa Campaign by destroying aircraft on Kyushu, Japan 1974 - Navy sent to sweep mines from Suez Canal (Source: Navy News Service)

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