Crescent Towing Captains Honored

Thursday, July 13, 2006
Crescent Towing/New Orleans captains received Citations of Merit awards on July 12 at the NOLA Port Safety Consul meeting. USCG Commanding Officer and Captain of the Port of New Orleans, Capt. Frank M. Paskewich, presented the award. The Crescent Towing Captains were recognized by the COTP because of the professional efforts put forth in face of Hurricane Katrina's fury. Award recipients include: Capt Arnona, Capt. Breaux, Capt. Cain, Capt. Cascio, Capt. Domangue, Capt. Doyle, Capt. Ferniz, Capt. Jones, Capt. Murley, Capt. Schmitt, Capt. Schwartz, Capt. Sylvester, Capt. Trosclair, Capt. Wright

People & Company News

China Cosco Sinks into Red

Dragged by lackluster freight rates in the maritime transport market during the first half of 2016, China Cosco Holdings logged a 7.2 billion yuan ($1.07 billion) net loss for the January-June half,

DNV GL Backs John Laing on First Offshore Wind Investment

DNV GL successfully completed its due diligence work of the offshore wind farm “Nordergründe” in the North Sea, reviewing and quantifying the technical risks of the project.

MobileOps Pursuing Maritime Business

Redmond, Wash. based MobileOps, Inc., a software company specializing in the design and development of maritime software applications (dispatch, safety, compliance,

Ship Sales

Securing the Scorpene: DCNS to Move Court

The French shipbuilder DCNS plans to seek an injunction to prevent further publication of information contained in 22,400 secret documents about stealth submarines built for India,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

STX to Slash Jobs, Sell Yard

To stay above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

 
 
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