This Day in Navy History

Monday, November 05, 2007
November 5: 1775 - Commodore Esek Hopkins appointed to Commander in Chief of the Continental Navy. 1915 - In AB-2 flying boat, LCDR Henry C. Mustin makes first underway catapult launch from a ship, USS North Carolina, at Pensacola Bay, FL. 1917 - German submarine torpedoes USS Alcedo off French coast. 1923 - Tests designed to prove the feasibility of launching a small seaplane from a submarine occur at Hampton Roads Naval Base. A Martin MS-1, stored disassembled in a tank on board USS S-1, was removed and assembled. Then the submarine submerged allowing the plane to float free and take off. 1944 - TF 38 (Vice Admiral John S. McCain) begins 2 days of carrier strikes on Luzon, Philippines. 1945 - Ensign Jake C. West (VF-41) makes first jet landing on board a carrier, USS Wake Island (CVE-65). [Source: http://www.history.navy.mil]

Contracts

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.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

 
 
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