Wednesday, February 16, 2011 Maritime News

Mammoet Salvages the Cabo de Hornos

Feb 16, 2011

On January 29, 2011 Mammoet Salvage refloated the research vessel Cabo de Hornos safely and redelivered her back to her owners, The ASMAR Shipyard in Talcahuano, Chile.

Stowaway G2 Series Watermakers

Feb 16, 2011

(Stock Symbol: PH - NYSE) Racor Division of Parker Hannifin Corporation announced a revamp of its Stowaway Series of watermakers. The Racor Village Marine Stowaway

Pasha Hawaii to Build Second Vessel

Feb 16, 2011

Honolulu-based Pasha Hawaii announced the signing of a contract with VT Halter Marine, Pascagoula, MS, for the construction of a ship to enter the Hawaii/Mainland trade lane.

NOL Reports $461M Net Profit in 2010

Feb 16, 2011

NOL Group today reported net profit of US$461 million for 2010, representing a US$1.2 billion turnaround from its US$741 million loss in 2009.  The container shipping

LNG-Tanker Rates Doubling, Ship Glut Erodes

Feb 16, 2011

According to a Feb. 16 report from Bloomberg, record demand for liquefied natural- gas is causing the decade-long glut of vessels that carry the fuel to disappear,

Knightsbridge Tankers Stock Hits New High

Feb 16, 2011

According to a report from www.thestreet.com, Knightsbridge Tankers (Nasdaq:VLCCF) hit a new 52-week high Feb. 15 as it traded at $25.30 compared with its previous 52-Week high of $25.

Konrad Marine’s 20th Anniversary, Business of the Year

Feb 16, 2011

2011 marks Konrad Marine's 20th Anniversary of bringing stern drive technology to the commercial, recreational, and military marine marketplaces.   The company

USCG: Eastern Great Lakes Maritime Security Committee

Feb 16, 2011

The US Coast Guard is seeking interested applicants for membership on the Eastern Great Lakes Maritime Security Committee and its five regional subcommittees. Applications

IJUBOA Promotes Use of Jack-Up Barges

Feb 16, 2011

The International Jack-Up Barge Owners Association (IJUBOA) held a general meeting in Brussels last month and agreed on actions that will achieve its mission of

SharpEye Radar Improves Pirate Detection

Feb 16, 2011

The value of being able to detect small vessels approaching in any weather conditions, and automatically identify potentially hostile behaviour, is highlighted

This Day in U.S. Coast Guard History-February 16

Feb 16, 2011

1804 - Lieutenant Stephen Decatur, with volunteers from frigate Constitution and schooner Enterprise, enters Tripoli harbor by night in the ketchIntrepid to burn the captured frigate Philadelphia.

This Day in U.S. Coast Guard History - February 16

Feb 16, 2011

1926- Congress authorized the Secretary of Treasury to "acquire a site at New London, Connecticut, without cost to United States, and construct thereon buildings

MarAd: $77mto for National Defense Reserve Fleet Ships

Feb 16, 2011

WASHINGTON – U.S. Transportation Secretary Ray LaHood today announced contracts totaling $77 million for three U.S. maritime firms to operate 10 National Defense Reserve Fleet ships through July 27,

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