Safe Bulkers, Early Termination of Charter
Safe Bulkers, Inc. (NYSE: SB), announced that it has agreed to terminate the existing charter of the Kamsarmax-class vessel Pedhoulas Merchant. The charter was contractually…
USCG Foundation Honors Lockheed Martin
The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced that…
MOL President’s 2010 New Year Message
A Happy New Year to all in our MOL Group companies. There is a Japanese saying, “ichiyo-raifuku” (the return of spring), meaning that “the winter has left and the spring has come”. It also means that “after a series of unfortunate things happened, things finally turning for the better”. I would like to celebrate the beginning of a new year together with all of you by rewording slightly this saying for MOL to “ichiyo-KENfuku”…
Doosan to Doubles Profit in 2010
According to a Jan. 3 report from The Korean Times, Doosan Group has set this year's operating profit target at $1.4b, up 100 percent from 2009, group chairman Park Yong-hyun said Dec. 31.
Putin Plans $700M Shipyards for Far East
According to a Jan. 4 report from the Moscow Times, Prime Minister Vladimir Putin announced plans for the state-run United Shipbuilding Corporation to build two…
Two Ships Seized Off Somali Coast
According to a Jan. 2 report from Voice of America News, authorities say Somali pirates have hijacked a British-flagged cargo ship transporting cars and a chemical tanker from Singapore.
Yanmar Centre Ridderkerk New Outlet
Diesel Techniek Rotterdam BV in Ridderkerk, generally known as DTR Yanmar Centre, will open on January 3 the doors of a new outlet. The company’s activities will all be combined at this address.
Port of Tacoma Year-End Update
On Dec. 31, Timothy J. Five years ago, I promised that the Port of Tacoma would take care of our customers, build a foundation for future growth, and be a good neighbor.
New USACE Contracts
Zachry Construction Corp., San Antonio, Texas, was awarded on Dec. 21, 2009, a $22,376,777 firm-fixed-price contract for construct channel improvement, mission reach, Phase 2a.
Adjusted Ownership Split in West Qurna 2
29 December 2009 Lukoil and Statoil initialised the contract with Iraqi authorities for the West Qurna 2 field. Lukoil and Statoil have agreed to adjust the ownership split…
Drydocks World Dubai Delivers Polarcus Nadia
Drydocks World - Dubai has delivered the Polarcus Nadia, the most advanced seismic vessel built at the yard to date. The vessel, first of a series of four vessels…
Jensen Maritime Designs Two New Barges
Jensen Maritime Consultants, Inc., a Crowley company, has designed two new barges for Global Marine Transportation, Inc. Both 10,000-barrel tank barges are scheduled to be constructed and delivered in 2010. Designed for lightering services, the barges are being built by Trinity Marine Products, Inc., and will be chartered to Maxum Petroleum, Inc. The tank barges are designed with corrugated cargo tank bulkheads to ease tank stripping and cleaning.
Cathelco Systems for Entire Navy Vessel Class
Cathelco have supplied marine pipework anti-fouling systems for a complete class of fleet replenishment oilers serving the United States Navy. The 14 Henry J. Kaiser Class vessels are operated by the Military Sealift Command and provide underway replenishment of fuel for U.S. Navy ships at sea and jet fuel for aircraft assigned to aircraft carriers. The final vessel in the series to be installed with…
This Day in Coast Guard History – Jan 4
1897- Assistance to lost persons near Oak Island, New York. At 8:30 p.m. the keeper received word by telephone that a gentleman and two ladies, who had left the station at 4 p.m.
This Day in Naval History – Jan 4
1910 - Commissioning of USS Michigan (BB-27), the first U.S. dreadnought battleship. 1863 - Blockading ship USS Quaker City captures sloop Mercury carrying despatches…