Houston Pilots Celebrate 90th Anniversary
The Houston Pilots celebrated their 90th anniversary by inviting community and political leaders, maritime partners and friends to their new facility on Friday, April 1st. Deer Park Mayor Wayne Riddle welcomed the pilots to the neighborhood with a key to the city and presided over the ribbon cutting. During the ceremony, Father Patout gave a blessing to the pilots and their new building, and the United States Coast Guard honored Houston Pilot Captain Bob Webbon with a safety accommodation.
Dryships Announces Closing Of Private Offering
ATHENS, GREECE – April 28, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the closing of the sale of $500 million aggregate principal amount of 9.5% Senior Unsecured Bonds Due 2016 (the “Bonds”) offered by its majority-owned subsidiary Ocean Rig UDW Inc.
Court Reduces Horizon Lines' Fine To $15 Million
CHARLOTTE, NC (April 28, 2011) - Horizon Lines, Inc. (NYSE: HRZ) today announced that a federal court has granted a request by the U.S. Department of Justice to reduce the company's fine related to federal antitrust violations in the Puerto Rico tradelane from $45 million to $15 million. As a result of the reduced fine, Horizon Lines is no longer facing the prospect of a May 21, 2011, default under its convertible note indenture.
GL Garrad Hassan Registers Offices In The Netherlands
29. Apr. 2011 | [Group,Renewables] | Hamburg/Germany - GL Garrad Hassan is now registered in the Netherlands as a B.V. (Dutch Limited). The name of the new entity is "GL Garrad Hassan Nederland B.V.". The renewable consultancy has offices in Heerenveen, Leiden and Sint Maarten to accommodate the demand for consulting, design, project management services and training courses for renewable energy projects.
More Contracts For Ulstein In Brazil
Ulstein Design & Solutions has signed two ship design contracts with the Brazilian Shipyard Alianca S.A for the building of two ULSTEIN PX105 platform supply vessels with the X-BOW® hull line design for the Brazilian shipowner CBO. The contracts are worth approximately NOK 150 million. The contracts are for the delivery of design, engineering, main equipment and building follow-up for two large platform supply vessels of the ULSTEIN PX105 design type.
ABS Selects Brunswick Landing to Establish Ship Modeling Center
Augusta, Maine – Maine Governor Paul LePage, members of the Maine Congressional Delegation and the Midcoast Regional Redevelopment Authority (MRRA) announced today that the American Bureau of Shipping (ABS) plans to establish a computer-based ship modeling center at Brunswick Landing: Maine’s Center for Innovation. The move will create nearly thirty jobs in the Brunswick area. “Our Administration has a laser focus on job creation.
Ship Naming Ceremony is held for Sinopacific's First Fabricated Ship
Ningbo, April 29, 2011 —— On the morning of 29 April, Sinopacific Shipbuilding Group, China’s leading private shipbuilding enterprise held the ship naming ceremony at its Zhejiang Shipyard for GPA696, the global first fabricated model of Offshore Support Vessel(OSV) built for France’s Bourbon Company. Afterwards, a sea trial event was also held for another global first fabricated OSV, the SX130. Attending this event were Ningbo Mayor Liu Qi…
C-Innovation to Expand International ROV Fleet with Schilling ROVs
Davis, California – April 29, 2011. Schilling Robotics, LLC, experts in subsea systems, announced today that C-Innovation has placed a contract for multiple ROV systems in support of their expanding international operations. This contract includes the supply of both HD™ and UHD™ work class ROV systems that will be deployed globally, including Brazil and Singapore. This continued expansion of C-Innovation’s…
Brad L. Berman Joins Holland and Knight as Partner
New York City – April 29, 2011 – Holland & Knight is pleased to announce that Brad L. Berman has joined the firm as Partner in the firm's New York City office. Prior to joining Holland & Knight, Berman served as Executive Director of the Liberian International Ship & Corporate Registry (LISCR), the world's second largest ship registry and 60+ year old corporate registry, where he oversaw all aspects of the Liberian corporate and shipping program…
This Day in U.S. Naval History - April 29
1898 - U.S.
This Day in U.S. Coast Guard History - April 29
1909- Burnt Island, Maine: The schooner Regina stranded five miles north of the station. The Life-Saving crew, in a small power boat, arrived at the same time as the tug Bismarck.
Dryships Announces Signing to Construct UDW Drillships
ATHENS, GREECE – April 29, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing, by its majority-owned subsidiary Ocean Rig UDW Inc. (“Ocean Rig”), of the previously announced restructuring of its $1.1 billion Secured Term Loan Facility led by Deutsche Bank.
Horizon Lines Q1 2011 Results
Horizon Lines, Inc. (NYSE: HRZ) reported financial results for the fiscal first quarter ended March 27, 2011. As a result of previously announced plans to discontinue the logistics business…
Paragon Shipping Sale Two Containerships To Box Ships
ATHENS, Greece, April 29, 2011 - Paragon Shipping Inc. (NYSE: PRGN), or the Company, a global shipping transportation company specializing in drybulk cargoes, announced today that it has completed the sale and delivery to Box Ships Inc., of both the Box Trader and Box Voyager, two 3,426 TEU high specification containership vessels built in 2010 in exchange for 2,266,600 shares of Box Ships common stock and approximately $69.2 million in cash.
Response to PSA after Gas Leak on Gullfaks B
Statoil has responded today, 29 April, to questions put by the Petroleum Safety Authority Norway (PSA) in connection with its report into the Gullfaks B gas leak on 4 December 2010. “Concern with health, safety and the environment (HSE) is our first priority,” says Øystein Michelsen, executive vice president for Development and Production Norway. Statoil has initiated a number of improvement measures aimed at areas identified in the PSA’s investigation report.
Box Ships Recieves First Two Containerships
Box Ships Inc., (NYSE: TEU), a global shipping company specializing in the transportation of containers, announced that it has taken delivery from Paragon Shipping Inc.…
U.S. Barge Delivers Combination Deck/Tank Barge
U.S. Barge LLC, a wholly-owned subsidiary of Vigor Industrial LLC, this week will deliver a combination Deck and Tank Barge to NorthStar Gas LLC, an Alaskan Petroleum Distributor. The CAUNEQ was christened on April 15, 2011 and will start making deliveries in May to the Yukon, Kuskokwim and Western Alaska Costal Regions. NorthStar Gas and its operating partner, Delta Western, will use this barge to service customers in Western Alaska, stabilizing the transportation costs of fuel in the region.
Almar by North River Boats Recent Completions
Almar by North River Boats Inc. of Roseburg, Ore. 1.) This is the fourth boat in a series of five 33’ X 10’ Sounder Pilot House built for Hydrographic Survey use. This boat is powered by twin Yanmar 315 hp diesel engines and Hamilton 241 water jets with a top speed of over 31 knots and a fuel capacity of 200 gallons. The pilot house is equipped with two Coleman Seamach air conditioning units, a stand up head with electric toilet and wash basin for the comfort of the crew.
General Dynamics Awarded $1.2B for Second Navy Sub
The U.S. Navy has released $1.2b for the construction of the 14th Virginia-class submarine, SSN-787, to General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics (NYSE: GD).
Almar, North River Boats Delivers Fire Boat
Almar by North River Boats Inc. of Roseburg, Ore. announced the recent delivery of a 30-ft by 10-ft Sounder / Fire Boat. This boat was built to NFPA 1925 standards and the fire suppression system was UL Certified prior to delivery. The boat is equipped with twin Honda 225 hp four stroke outboards for its main propulsion system and powers the 30-ft vessel at greater than 32 knots. A single 200 gallon fuel tank supplies the propulsion engines, fire engine and genset.