Costamare Q4 & Year End Report
Costamare Inc. (NYSE: CMRE), an international owner of containerships, reported unaudited financial results for the fourth quarter and for the year ended December 31, 2010.
Frontline Swings To Q4 Loss On Write-Downs, Dry Dock Costs
According to a Feb. 22 report from the Wall Street Journal, Frontline Ltd. (FRO) swung to a fourth-quarter loss, falling short of analysts' estimates, on capital…
USS Sterett, Named for Pirate Fighter, Lead Rescue Attempt
The Arleigh Burke-class destroyer Sterett, which took the lead in the failed U.S. attempt to rescue Americans from Somali pirates, is on its first active-duty cruise.
New York Volunteers Sought: Canal Clean Sweep
In preparation for the 187th navigation season of the New York State Canal System and to mark Earth Day 2011, the New York State Canal Corporation, in partnership…
DNV Recommends LNG Shipping for North America
DNV’s new report, Greener shipping in North America, proposes that LNG l is the most efficient and economical way to meet air emissions requirements in the U.S.
Star Bulk Carriers Q4 & Year End Report
Star Bulk Carriers Corp. (Nasdaq: SBLK),a global shipping company focusing on the transportation of dry bulk cargoes, today announced that its Board of Directors…
U.S. Forces Respond to Pirate Attack on S/V Quest
At approximately 1 a.m. EST Feb. 22, while negotiations were ongoing to secure the release of four American hostages, U.S. forces responded to gunfire aboard the pirated vessel (S/V) Quest. As they responded to the gunfire, reaching and boarding the Quest, the forces discovered all four hostages had been shot by their captors. Despite immediate steps to provide life-saving care, all four hostages ultimately died of their wounds.
The Next Oil Boom: Brazil’s Lula Field
According to a report from the Houston Chronicla, Brazil's quest to remake itself into a global oil superpower is gaining momentum on a giant ship anchored about…
Ocean Sunrise Runs Aground, No Environmental Damage
On Feb. 19, the 624-foot bulk freighter Ocean Sunrise sat at anchor in the waters off Long Beach, Calif., after been removed from the rocks surrounding Island Freeman. Strong winds and heavy rains pushed the freighter from its mooring location into the tiny, man-made island the night before. The Coast Guard and California response agencies finished inspections of the hull and determined the vessel posed no threat to the environment, as the hull's integrity was not compromised.
BOEMRE Public Workshop on Offshore Energy Regs
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) will conduct a public workshop March 15, 2011, in New Orleans to discuss new requirements…
Dredging Barge Grounds in San Francisco Bay
Federal, state and local agencies respond to a grounded barge in San Francisco Bay, Tuesday, Feb. 15, 2011. The barge, which was participating in dredging operations in the bay, began taking on water before it was pushed to a sand bar to prevent its sinking. U.S. Coast Guard photo by Petty Officer 1st Class Sherri Eng.
Admiral Provides Details of Somali Piracy Killings
Four pirates are dead and 15 are in custody, but not before they killed four Americans in the bloodiest piracy incident in recent history, the commander of U.S.
Hamburg Süd Celebrates Christening of a 7,100 TEU Container Ship
Hamburg, 22 February 2011. On Monday, 21 February 2011, as part of a customer event, Hamburg Süd christened the “Santa Isabel” in Singapore. She is the second of…
Injazat to Handle Critical IT Requirements of Abu Dhabi Ship Building
According to AMEinfo.com, Injazat Data Systems has been appointed by Abu Dhabi Ship Building (ADSB), to support the critical IT requirements of ADSB, the sophisticated military and commercial shipbuilding facility. Under the terms of the 5-year key IT outsourcing deal, Injazat will host ADSB's data at its 2,000-sqm design-certified Tier IV Data Centre, the first facility of its kind in the Middle East.