Charting the Next 100 Years of Naval Station Norfolk
What does the future hold for Naval Station Norfolk, the world’s largest naval station? Building on the accomplishments of the last 100 years, leading experts will consider the possibilities and navigate toward a secure and sustainable future at the upcoming symposium, Naval Station Norfolk: Charting Our Next 100 Years, Friday October 20th at the Main, hotel and conference center. The Future Fleet Design session will be conducted by VADM Richard P. Breckenridge from 9:00 a.m. to 10:30 a.m.. The session will discuss the USFF Fleet Design Plan that will drive the implementation of Fleet Design by 2023. The presentation on Fleet Design will define how the fleet…
BC Ferries Releases 3Q Results
British Columbia Ferry Services Inc. quarter results for fiscal 2007/08. last year. Net earnings before extraordinary gain for the nine-month period ended December 30, 2007 were $67.7 million, down from $82.0 million for the same period in the previous year. of its fiscal year. maintenance and refits and to undertake mandatory inspections on the majority of its vessels. compared to the same period last year. $53.0 million to $448.8 million, compared to the nine months ended December 31, 2006. $172.0 million and $251.9 million in the nine months ended December 31, 2007. Super C-class vessels, the Coastal Renaissance, Coastal Inspiration and Coastal Celebration. BC Ferries’ President & CEO David L. Hahn. summer and fall of 2008, respectively.
Ferry Loses Power and Runs Aground
Queen of Oak Bay, a ferry operated by BC Ferries and sails between Departure Bay and Horseshoe Bay, ran aground while approaching Horseshoe Bay, British Columbia. The vessel drifted into Sewell’s Marina, damaging several boats. Preliminary reports are that the vessel lost power. An investigation is currently underway. Emergency-response divers have completed their work at the grounding site of the Queen of Oak Bay. No injuries have been reported. Emergency and regulatory authorities have been contacted. Tugs are standing by and passengers onboard the Queen of Oak Bay will be released as soon as possible. BC Ferries’ President and CEO, David L. Hahn, is onsite to speak to customers and inspect the vessel.
BC Ferries Commissions Independent Safety Review
BC Ferries has commissioned former Auditor General, George Morfitt, to conduct an independent review of BC Ferries’ safety policies, procedures and practices. David L. The review will assess BC Ferries’ compliance with the Canada Shipping Act’s regulations, codes and standards. It will also review the extent of the company’s compliance with its safety management system. George Morfitt and his team will collect information through management, union and employee interviews, reviewing documents, systems and processes, performing inspections and gathering relevant material from sources outside of BC Ferries. Work on the comprehensive safety audit will begin immediately and a report is expected to be provided to the BC Ferries’ Board of Directors and made public in late 2006.
BC Ferries Announces 3Q Results
British Columbia Ferry Services Inc. (BC Ferries) announced its third quarter results for fiscal 2005/06 with a net loss of $0.9 million for the three months ended December 31, 2005, compared to a net loss of $4.2 million in the same quarter last year. Due to the seasonality of ferry travel, BC Ferries generates higher net earnings in the spring and summer quarters, which are subsequently reduced by net losses in the last two quarters of its fiscal year. David L. Hahn. “Investing in our infrastructure to ensure the safety and reliability of our operations continues to be a priority. Third quarter consolidated operating revenues of $126.0 million compare with operating revenues of $122.7 million for the same period last year.
