Daewoo Cargo Carrier Order from Norway
According to a Dec. 22 report from Reuters, Daewoo Shipbuilding and Marine Engineering (042660.KS) won an order to build five cargo carriers from Norway's Saga Shipbuilding Norway AS.
Carnival Forecasts 2011 EPS Rising
According to a report from Bloomberg, Carnival Corp., the world’s biggest cruise-line operator, forecast fiscal 2011 earnings will rise as ticket prices strengthen. (Source: Bloomberg)
Wrecks of the World II Program Expanded, June 6-7
The American Salvage Association (ASA) and the North American Marine Environmental Protection Association (NAMEPA) will co-sponsor a conference, “Wrecks of the…
Jeppesen Donates Chart Tools to Makedonia Academy
Jeppesen has donated a classroom supply of its C-MAP OceanView office chart and route planning systems to the Merchant Marine Academy of Makedonia (AEN Makedonias) in Greece.
Great Lakes Towing Company Leadership Changes
Joseph Starck Jr. will take over as President of Great Lakes Towing Company. Starck joined the towing company in 1991 and was most recently its Vice President – Engineering.
Euroseas Charter Agreement for Panamax Bulk Carriers
M/V Eleni P, a 72,119 dwt, 1997 built Panamax bulk carrier, has been chartered for about two years period at a gross daily rate of $16,500. The charter will commence…
Magnetic Patch Prevents Flooding of Nuclear Fuel Carrier
A magnetic patch made by Miko Marine AS of Norway has been used to seal a leak in the hull of the nuclear waste freighter Puma . The Danish-flagged ship was in danger of sinking on December 18 when it experienced a leak in its engine room while sailing south along the coast of Norway following its delivery of 333 tons of spent nuclear fuel to Murmansk. The ship appealed to the Norwegian Coastguard for help and was allowed to anchor west of the island of Sørøya in the far north of Norway.
This Day in U.S. Coast Guard History – Dec. 22
1904-Near Oak Island and Fire Island, New York the American schooner Frank W. McCullough ran aground on Fire Island Bar, 2 miles from the former station and 4 from the latter, at about 9 am.
This Day in U.S. Naval History – Dec. 22
1826 - Captain Thomas ap Catesby Jones of USS Peacock and King Kamehameha negotiate first treaty between Hawaii and a foreign power. 1910 - LT Theodore G. Ellyson…
LCS Purchase Approved by Congress
According to a report from www.al.com, Congress approved a Navy plan on Dec. 21 to award a nearly $5b shipbuilding contract to Austal USA, doubling the size of the…
GE: Phase 2 of Hudson River Dredging Project
GE announced today that it has advised the U.S. Environmental Protection Agency (EPA) that it will perform the second and final phase of the Hudson River dredging project.
2010 and the Rise of Sinopacific Shipbuilding Group
It might be hard to judge now if the global shipbuilding industry is recovering, but an encouraging story is certainly taking place in China in 2010. According to Clarkson Research Services, China overtakes Korea as the world's top shipbuilder in the first half of 2010 and kept ahead in terms of three major industry indicators, including new orders, order backlogs and delivery. As China’s leading private shipbuilding company…
NSRP Strategic Plan Update
Reflecting current industry and Navy priorities, the National Shipbuilding Research Program showcases a new streamlined program structure in the 2010 version of the Strategic Investment Plan.
Wrong Directions: A Recipe for Failure
This U.S. Coast Guard safety alert addresses critical concerns uncovered during an ongoing marine casualty investigation and should be of vital interest to Ship Builders…
Shipping Confidence Dips Again
Overall confidence levels in the shipping industry dropped for the second successive quarter, although they are still up on the corresponding period last year, according…
DryShips Closes Offering of Shares, Ocean Rig UDW
DryShips Inc. (NASDAQ:DRYS), a global provider of marine transportation services for drybulk cargoes and offshore contract drilling oil services, announced today…
Aberdeen Offshore Doctor Dies
According to a Dec. 21 report from the Evening Express an Aberdeen doctor who developed training for the offshore industry has died. Dr. John Brebner, 58, made a…
Croatia Approves Plans for Floating LNG Terminal
Croatia approved plans to install a floating liquefied natural gas terminal served by vessels to bridge the waiting time for a delayed LNG terminal project in the northern Adriatic.
Vesper Marine FCC Approval for AIS Transponder
Vesper Marine, a manufacturer of marine safety products, has received FCC Approval for its next-generation, all-in-one, dedicated, collision avoidance display, the…
Port Canaveral $42M Financing for Facilities Expansion
The Canaveral Port Authority closed on a $42m loan from PNC Financial Services Group to accelerate the development of a new cruise terminal and cargo facilities.