Tidewater Q4 Results
Tidewater Inc. (NYSE:TDW) announced fourth quarter net earnings for the period ended March 31, 2010, of $56.9 million, or $1.10 per share, on revenues of $260.0 million.
Crowley Scholarships for Williams-Mystic Students
Four students from very diverse backgrounds each got a chance to attend the Maritime Studies Program of Williams College and Mystic Seaport, thanks in part to Thomas B. Crowley Sr. scholarships.
Moore Takes on Western Industrial Sales for Samson
Samson announced the retirement of Dave Strauss, western regional sales manager of industrial markets, and the hire of his replacement, David Moore of Portland, Ore.
New Strathclyde Marine Institute, Glasgow
A new institute dedicated to pioneering research and technology for the marine sector has been launched at the University of Strathclyde in Glasgow. Scotland's Chief Scientific Adviser, Professor Anne Glover, met with researchers from the institute, which aims to contribute to the UK's marine economy by providing industry and government with cutting-edge research into marine energy, the environment and transport.
Int’l Register of Shipping Opens Singapore Office
International Register of Shipping (IRS) has opened an office in Singapore. The office will be designated as a regional centre for the classification society and will offer a wide range of services.
This Day in Coast Guard History – May 20, 2010
1882-The lookout of Station No. 10 (Louisville, Kentucky), 9th District, spotted two men and a skiff being swept toward the dam and falls of the Ohio River. He…
This Day in Naval History – May 20
1815 - Commodore Stephen Decatur ( Frigate Guerriere) sails with 10 ships to suppress Mediterranean pirates' raids on U.S. 1943 - Establishment of Tenth Fleet in Washington…
Groundbreaking $110m, DP3 “CSS” Vessel Ordered
Hallin Marine has commissioned a new, $110m, groundbreaking semi-submersible, subsea operations vessel to be named the CSS Derwent. “The CSS (compact semi submersible) delivers big ship capability in a low cost package,” said John Giddens, Hallin’s CEO. “It will support the oil operators’ desire to improve production and reduce costs.” The 84 m CSS is the culmination of a five-year project designed…
Loch Ness Monster? No, Prototype Wave Energy Device
Scottish marine energy technology developer, AWS Ocean Energy, has started testing its new wave energy device in Loch Ness in the Scottish Highlands. The Inverness based company has deployed a 1/9th scale of its AWS-III device, a ring-shaped multi-cell surface-floating wave power system, the result of almost two years of intensive research and development work. AWS Ocean Energy is aiming to deploy a full-system prototype AWS-III during 2012 and a pre-commercial demonstrator plant during 2013.
BAE Systems to Acquire Atlantic Marine
BAE Systems entered into a definitive agreement to acquire Atlantic Marine Holding Company (Atlantic Marine) from JFL-AMH Partners, LLC, a portfolio company of the private equity firm J.F.
Cargotec Transfers Battle Tanks Between Ships
Designed to transfer military vehicles between ships at sea to support US Army and Marine Corps land forces as part of the US Navy’s Sea Base strategy, Cargotec’s innovative test article vehicle transfer system (TAVTS) has now successfully completed sea trials. These were carried out by the US Navy’s Strategic and Theatre Sealift Program Office (PMS 385) which is part of Program Executive Office Ships (PEO Ships).
Qatar Petroleum, Shell, Petrochina Agreement
Qatar Petroleum (QP) on behalf of the Government of the State of Qatar has signed a new Exploration and Production Sharing Agreement (EPSA) with Shell and PetroChina…
UTV Training Prepares Towing Industry
Quality Management International, Inc. has developed a two-day training program for professionals in the towing vessel industry. This course for Uninspected Towing…
Arch Chemicals New Office in Osaka, Japan
Arch Chemicals, Inc. announced the opening of its new Asia Pacific Marine Laboratory in Osaka, Japan. The facility, which is close to key Japanese marine paint customers…
Black Appointed as CFO Globe Wireless
Globe Wireless announced that Thomas M. Black has been appointed CFO of the company. Black owned a successful consulting practice, providing financial and strategic guidance to maritime companies. He was a financial partner in Tatum, LLC, and also held multiple positions with Tropical Shipping, including Senior VP of Foreign Operations and CFO. He also served General Manager of Thompson Shipping and Director of Finance for International Shipping Partners.
This Day in Coast Guard History – May 19
1846-Secretary of Treasury Walker assigned Revenue Captain John A. Webster to control movements of vessels assigned to Army and to cooperate with the Navy in the War with Mexico.
This Day in Naval History – May 19
1882 - Commodore Shufeldt (USS Swatara) lands in Korea to negotiate first treaty between Korea and Western power 1912 - Navy establishes North Atlantic Ice Patrol following RMS Titanic disaster 19
Ward's Marine Electric Government Contract
Ward's Marine Electric was awarded a $2.5m dollar contract to replace automatic bus transfer switches for the United States Coast Guard. This award represents a…
T&T Bisso Teams up with CISPRI
T&T BISSO announced an exclusive cooperative services agreement with Cook Inlet Spill Prevention and Response (CISPRI). Based in Nikiski, Alaska, CISPRI is a comprehensive standby oil spill response cooperative whose mission is to provide immediate response capability to its member companies. The agreement provides a unique platform for OPA 90 related salvage, emergency lightering, firefighting and…
Baltic Trading Takes Delivery of Drybulk Vessels
Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot market, has taken delivery of the Baltic Bear, a Capesize newbuilding, and the Baltic Jaguar, a 2009-built Supramax vessel.