General Maritime Q2 & Six Months Results
General Maritime Corporation (NYSE:GMR) reported its financial results for the three and six months ended June 30, 2010. The company recorded a net loss of $14.3…
Salazar Visits GOM Rigs, Observes Inspections & Safety
Secretary of the Interior Ken Salazar visited three offshore drilling rigs in the Gulf of Mexico July 28, where he received updates on the improved inspection process…
Hijacked Maltese Flagged Vessel Released
Early the morning of July 29, the Maltese flagged merchant vessel MV Frigia was released. The MV Frigia, a Maltese flagged cargo ship with a deadweight of 35,000 tonnes was hijacked on March 23, 2010 approximately 1,000 nautical miles east of the northern Somali coastline. MV Frigia has a crew of 21 (19 Turkish and two Ukrainian).
Statoil Q2: High Activity, Good Operations
Statoil's (OSE:STL, NYSE:STO) second quarter 2010 net operating income was NOK 26.6 billion, compared to NOK 24.3 billion in the second quarter of 2009. The quarterly…
Offshore: Winds of change or a storm to weather?
From the July 2010 edition of MarineNews. With all the activity in the offshore and inland markets these days there is a ray of hope for operators who are willing to adapt to the changes that are coming. As mariners, we are good at adapting, unfortunately, we’ll be dealing with conflicting governance of state and federal laws and the uncertainty of subchapter status for new vessel types to be designed, constructed and operated in support of the emerging offshore wind energy market.
This Day in Naval History – July 30
1941 - Japanese aircraft bomb USS Tutuila (PR-4) at Chungking, China; First Navy ship damaged by Axis during World War II. 1942 - FDR signs act establishing WAVES…
This Day in Coast Guard History – July 30
1966- When the Coast Guard Station at Belle Isle, Michigan, received a report of a cabin cruiser afire at a boat dock, patrol boats were dispatched to the scene by radio.
Bay Diesel & Generator Distributes NREC Power Systems
Bay Diesel & Generator has been named the east coast distributor for NREC Power Systems' EPA certified exhaust emissions reduction systems for large diesel engines.
Definition of Piracy at Center of Va. Hearing
According to a July 29 report from the Associated Press, a judge is considering a defense bid to toss piracy charges against six Somali nationals accused in an attack on the USS Ashland on April 10.
Professional Mariners: Interacting with recreational vessels
As the summer wind comes blowing in, many professional mariners are painfully aware that the routes they normally ply with other commercial vessels for most of the…
HPI Project Award for USNS Roy M Wheat
HPI, LLC, a supplier of turbine control solutions and turnkey power plants, announced a project award to install a Propulsion Control System (PCS) aboard the USNS Roy Wheat.
Brunswick Reports Q2 2010 Results
-- Total net sales of $1,014.7 million, up 41 percent versus 2009. -- Net earnings of $13.7 million, or $0.15 per diluted share, which includes $0.26 per diluted share of restructuring…
General Dynamics Delivers Submarine Missouri
General Dynamics Electric Boat today delivered the nuclear-powered attack submarine Missouri (SSN-780) to the U.S. Navy in a record 65 months and eight percent under target cost. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD). The 65-month delivery schedule beat the previous best for a Virginia-class submarine by five months. In addition, Missouri required 600,000 fewer labor hours to finish than the last submarine delivered at Electric Boat…
Brunswick Sells Fishing Holdings to Triton Boats
Fishing Holdings, LLC, a manufacturer and marketer of fiberglass fishing boats owned by an affiliate of Platinum Equity, announced its acquisition of Triton Boats from Brunswick Corporation.
Genco Takes Delivery of Supramax Vessel
Genco Shipping & Trading Limited (NYSE:GNK) has taken delivery of the Genco Lorraine, a 2009-built Supramax vessel. The Genco Lorraine is the first of 13 vessels…
USCG Estimates 10-12 Days to Stop Barataria Bay Spill
According to a report from Reuters, the U.S. Coast Guard estimated it will take 10 to 12 days to seal a ruptured wellhead spewing oil and natural gas into Barataria Bay along Louisiana's south coast. The wellhead was ruptured early July 27 when a barge collided with it. An oil slick covering six square miles had spread from the wellhead by Wednesday. (Source: Reuters)
More ShipConstructor Promef Projects
Brazil’s largest shipyard, Estaleiro Atlântico Sul (EAS), has started project-detailing on five Promef-related Aframax tankers with the help of ShipConstructor CAD/CAM Software. In May, EAS launched the Suezmax tanker, João Cândido, the first vessel in the massive Promef shipbuilding expansion program for Brazil’s state-sponsored oil company, Petrobras. Following its success with ShipConstructor on the first vessel…
New Alnmaritec Skimmers Delivered
Alnmaritec Limited, a UK boat builders, has two new boats delivered in 2010 to in the oil spill response/pollution control vessel market. The most recent delivery was a boom deployment and spill response boat which was delivered to the Barbados National Terminal Company Ltd. for operation on their oil export facility at Oistins Bay on the South Coast of the island. The new vessel Responder 1 is based…
Grant to Reduce Emissions at Port of Pittsburgh
The U.S. Environmental Protection Agency awarded a $1,156,838 grant to the Port of Pittsburgh Commission on July 28 to oversee extensive repowering of four marine towing vessels with new…
WRDA Passage to End Lakes Dredging Crisis
The end of the dredging crisis on the Great Lakes moved a giant step closer today when a key House committee approved legislation requiring the federal government…