Russia's RFC to Buy Up to 6 Shipyards
According to a report from The Economic Times, Russian Financial Corporation (RFC) plans to buy up to six shipyards this year, possibly partly financed through a bond issue…
In Rememberance of the Deepwater Horizon Tragedy
In remembrance of the 11 lives lost as a result of the April 20, 2010 explosion aboard the Deepwater Horizon in the Gulf of Mexico. The tragedy forever impacted the lives of the victims families, friends and coworkers and the entire oil and gas industry in the Gulf.
Silversea To Rename Expedition Ship
(Ft. Lauderdale, FL -- April 20, 2011) Ultra-luxury Silversea Cruises today announced plans to change the name of the Prince Albert II, its expedition ship, to Silver Explorer. The change will occur later this month while the vessel is in dry dock at the Lisnave shipyard in Setubal, Portugal, undergoing routine maintenance prior to commencing a summer program of Northern Europe and Arctic voyages.
Wärtsilä To Deliver New Ship Design for Bumi Armada
Wärtsilä, the marine industry's leading solutions provider, has signed a contract with Nam Cheong Dockyard of Miri, Malaysia, which will build a Wärtsilä Ship Design (WSD) multi-purpose platform supply vessel (MPSV). This WSD 800 MPSV is the first in a new series of Wärtsilä designs being marketed as a total solution, including all relevant systems as well as the ship design. The total solution concept of the WSD 800 MPSV design includes four gensets.
Trico Announces Extension of Exchange Offer and Consent Solicitation
HOUSTON, April 18, 2011 /PRNewswire/ -- Trico Shipping AS (the "Company"), a subsidiary of Trico Marine Services, Inc. (Pink Sheets: TRMAQ) ("Trico Marine"), announced today that it has extended the expiration date of its out-of-court exchange offer (the "Exchange Offer") to the holders ("Noteholders") of its 11 7/8% senior secured notes due 2014 (the "Notes") and the solicitation of consents to the governing indenture (the "Consent Solicitation") to 5:00 p.m. Eastern Time on April 20, 2011.
Hornbeck Offshore Announces Q1 2011
COVINGTON, La., April 21, 2011 /PRNewswire via COMTEX/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it will release its first quarter 2011 financial results at approximately 6:00 a.m. Eastern on Thursday, May 5, 2011. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, May 5, 2011 at 10:00 a.m. Eastern (9:00 a.m. Central). Thursday, May 5, 2011 at 10:00 a.m. Eastern (9:00 a.m.
Navios Maritime Partners Reports Q1 Results
PIRAEUS, GREECE, April 20, 2011 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, today reported its financial results for the first quarter ended March 31, 2011. Ms. Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners, stated: "We are pleased to announce a cash distribution of $0.43 per unit. We are also pleased with our recent successful equity offering.
Aegean Announces Expansion Plans in Panama
PIRAEUS, Greece, April 18, 2011 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced it has been awarded a 20-year concession by the Panamanian Maritime Authority (PMA) to operate onshore storage facilities in the ports of Cristobal and Balboa in Panama on an exclusive basis. The award is subject to the fulfillment of certain conditions by the Company and completion of definitive documentation with the appropriate Panamanian authorities.
This Day in U.S. Naval History - April 21
1861 - USS Saratoga captures slaver, Nightingale. 1898 - U.S. at war against Spain. 1906 - Commander Robert Peary discovered supposed Arctic Continent did not exist.
This Day in U.S. Coast Guard History - April 21
1838- The passenger steamboat Oronoko suffered a catastrophic boiler explosion while tied up at Princeton, Mississippi that killed over 100 passengers. This was…
USCG Photo: Russian Anchorage Meeting
Rear Adm. Christopher Colvin, commander 17th Coast Guard District, Russian Lt. Gen. Raphael Alexeseevich Daerbaev, the chief of the Northeast Border Directorate of the Federal Security Service of Russia, shake hands after signing letters of understanding towards continued communication and cooperation in combating illegal fishing in the Northern Pacific and the Bering Sea, Apr. 20, 2011. The Coast…
Cofferdam Around Beached Barge on the Columbia
According to a report from The Columbian, contractors have finished building a cofferdam around the beached and broken Davy Crockett, the U.S. Coast Guard announced.
KR Shipping Supports Duqm Port, Dry Dock Ops
According to a report from Oman Daily Observer, shipping and maritime services provider Khimji Ramdas (KR) Shipping has set up a joint venture company to support…
UK Crew Evacuated from Survey Rig
On April 19, at 03:24 Humber Coastguard received a call from the standby vessel DUTCH PEARL, reporting that the jack-up rig VAGANT had stuck fast on the sea bed…
Genco Shipping Announces First Quarter 2011
Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the first quarter of 2011 on Wednesday, May 4, 2011 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the first quarter ended March 31, 2011 on Tuesday, May 3, 2011 after the close of market trading. Wednesday, May 4, 2011 at 8:30 a.m.
MV Rosalia D’Amato Pirated in Indian Ocean
Early morning on 21 April, the Bulk Carrier MV Rosalia D’Amato was pirated approximately 350NM South East of Salalah, Oman, in the Indian Ocean. The 74,500 tonne Italian flagged and owned vessel was on its way to Bandar Imam Khomeini (Iran) from Paranagua (Brazil) when it was attacked by a single skiff. Coalition warships had communications with the vessel and were told: ‘pirates onboard stay away’. The MV Rosalia D’Amato has a crew of 21 (six Italians, 15 Filipinos).
STRUT Marine Acquires Paul Pfaff Enterprises
Huntington Beach, CA—April 18, 2011—STRUT Marine, a full-service Marine Facility for offshore high-performance boats in Southern California, has announced the acquisition of Paul Pfaff Enterprises of Huntington Beach, CA. Pfaff is recognized as one of the country’s premier builders of engines for offshore performance boats and off-road performance vehicles. The purchase, which was completed on March 31…
Transocean Issues Update on Macondo Incident
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that an affiliate of BP plc on April 20, 2011 filed a cross-claim against Transocean entities in the existing Multi-District Litigation proceeding in the U.S. District Court, Eastern District of Louisiana for contribution pursuant to the Oil Pollution Act of 1990. Pursuant to an order of the court, co-defendants in a consolidated proceeding related to the Macondo well incident were required to file claims by April 20, 2011.
Obama’s Statement, One-Year Anniversary of the Deepwater Horizon Spill
One year ago today [April 20], the Deepwater Horizon oil platform exploded, killing eleven men and ultimately releasing an estimated 4.9 million barrels of oil in the Gulf of Mexico.
CSB Still Investigating Deepwater Horizon Spill
The following statement was released from U.S. Chemical Safety Board Chairman Dr. On the one-year anniversary of the Deepwater Horizon oil rig accident I would like…