SecDef Announces Flag Officer Assignments

Thursday, March 15, 2007
Secretary of Defense Robert M. Gates announced March 13 that the President has made the following nominations: Navy Reserve Rear Adm. (lower half) Albert Garcia III has been nominated for appointment to the grade of rear admiral while serving as deputy commander, First Naval Construction Division, Norfolk. Navy Reserve Rear Adm. (lower half) Gregory A. Timberlake has been nominated for appointment to the grade of rear admiral while serving as deputy fleet surgeon, U. S. Fleet Forces Command, Norfolk. Source: NavNews

Navy

Philippines: Sea Dispute Won't Shift Ties with China, U.S.

The Philippines' territorial dispute with China over the South China Sea has not caused Manila to rebalance diplomatic ties with either its ally, the United States,

This Day In Naval History: August 24

1814 - During the War of 1812, the British invade Md. and burn Washington, D.C. Commodore Thomas Tingey, superintendent of the Washington Navy Yard, burns the Navy

This Day In Naval History: August 23

1819 - Commodore Oliver H. Perry, the hero of the Battle of Lake Erie, dies on board the schooner, USS Nonsuch, in Trinidad of a fever contracted during his successful

Finance

European Owners Lead in Buying Up Secondhand Tonnage

With European owners leading the pack in buying up vessels, the sale and purchase market appears to have been notably active in recent years, reveals Clarkson Research Services Limited.

Monjasa Bags Credit Facility from Société Générale

Danish bunker fuel supplier and shipping firm Monjasa has signed a credit facility with French bank Société Générale for USD 80 million.    A statement from

Hanjin Shipping to Submit Self-Rescue Plan

South Korea’s Hanjin Shipping is planning on submitting a self-rescue plan to creditors this week to stave off bankruptcy by Aug. 25, reports Korea Herald quoting local media.

 
 
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