This Day in Navy History

Thursday, October 11, 2007
October 11, 1776 - Battle of Valcour Island on Lake Champlain, New York. Although defeated, the American flotilla delayed the British advance and caused it to fall back into winter quarters. 1824 - Marquis de Lafayette visits the Washington Navy Yard during his year long tour of America. He returned to the yard the next day, October 12, to continue his visit. 1942 - Battle of Cape Esperance begins: In two-day battle, American task force stops Japanese attack on Guadalcanal and sinks two Japanese ships while losing only USS Duncan (DD-485). 1945 - Typhoon hits Okinawa, damaging many Navy ships. 1950 - Task Force 77 Aircraft destroy North Korean vessels off Songjin and Wonsan and north of Hungham. 1963 - Navy medical team from Norfolk, VA begins massive inoculation program to safeguard against outbreak of typhoid in the wake of Hurricane Flora. 1967 - Operation Coronado VI began in Rung Sat Zone 1968 - Launch of Apollo 7, the first U.S. 3-man space mission, commanded by CDR Walter Schirra, JR. USN. MAJ Ronnie Cunningham, USMCR served as Lunar Module pilot. The mission lasted 10 days and 20 hours. Recovery was by HS-5 helicopters from USS Essex (CVS-9). [Source: Source: www.history.navy.mil]

Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

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

 
 
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