Horizon Lines Closes on Bridge Loan
Company Makes $7.0 Million Semi-Annual Interest Payment on 4.25% Convertible Notes within Grace Period. Refinancing of Company's Capital Structure on Schedule. Horizon Lines, Inc.
Bryan Nichols Joins Growing Vigor Shipyard Sales Team
Bryan Nichols, one of the leading maritime business development professionals in the Pacific Northwest, is joining forces with VIGOR Industrial, which owns and operates the premier shipyards in the region. Nichols joins VIGOR as a sales representative for the company, which builds, repairs and modernizes commercial fishing and cargo vessels, ferries and military ships at six locations in the Northwest.
Florida Inland Port Forges Alliance with JaxPort
This and recent agreements with Port of Miami and Port of Palm Beach solidify Florida Inland Port’s position as the premier inland port / integrated logistics center serving the southeastern U.S.
VT Halter Marine Delivers Second Tug for OSG
VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), today announced the delivery of Endurance, the second 8,000 hp Articulated Tug Barge (ATB) tug to Overseas Shipholding Group, Inc. This is part of a contract that VT Halter Marine signed with OSG in April 2010 to complete two tugs over 16 months at the former’s Moss Point Marine shipyard. The first tug, Courageous, was delivered in June 23, 2011.
Republic of the Marshall Islands Maritime Administrator Media Statement
"The Republic of the Marshall Islands acknowledges the Commandant's conclusions. The United States Coast Guard's report, with final Commandant action, reinforces many of the findings contained in the flag State’s report released previously," said Bill Gallagher, Senior Deputy Commissioner of Maritime Affairs. "The Marshall Islands looks forward to working closely with the United States and other member…
Seminar on Fire Testing for SOLAS and Navy Vessels
A Seminar on Fire Testing for SOLAS and Navy Vessels: New Test Procedures and Material Approval Process will be held Wednesday, December 7, 2011. Sponsored by ASTM…
Philippine, British Governments Announce Support for SaveOurSeafarers
Seafarers’ organisations, shipping companies together with business leaders and the biggest ever grouping of shipping industry associations, which have joined forces to campaign against Somali piracy, have received a welcome boost from the British and Philippine Governments confirming their support for the global SOS SaveOurSeafarers campaign. In the UK, correspondence between members of the SOS campaign and the British MP Henry Billingham…
Deepwater Horizon Joint Investigation Team Releases Final Report
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)/U.S. Coast Guard Joint Investigation Team (JIT) today released its final investigative report on the April 20…
UNCTAD Convening Expert Meeting on "Climate Change Impacts and Adaptation"
The UNCTAD secretariat is convening an Ad Hoc Expert Meeting on "Climate Change Impacts and Adaptation: A Challenge for Global Ports", to be held in Geneva on 29-30 September 2011.
This Day in Naval History
1814 - British bombardment of Fort McHenry inspires the Star Spangled Banner. 1847 - Marine Brigade leads U.S. forces that storm Chapultepec Castle near Mexico City…
DRYSHIPS INC. Announces Results of Annual General Meeting
DryShips Inc. (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, today announced the results of its 2011 Annual General Meeting of Shareholders (the “Meeting”). 1. the election of Messrs. Company’s independent auditors for the fiscal year ending December 31, 2011. DryShips Inc. is an owner of drybulk carriers and tankers that operate worldwide.
Livorsi Marine Introduces Industrial Series
The Industrial series was designed with industrial equipment, workboats, pleasure boats and vehicles in mind. You rely on accuracy and expect long lasting performance, and that’s exactly what you get from these gauges. Industrial Series gauges are easy to install with the use of plug-in Deutch connectors that significantly decrease rigging time. The plug-in connectors are waterproof and resist salt corrosion and dust intrusion. Gauges are encased in non-ferrous hardware.
Rolls-Royce Wins Contract to Supply Water Jets for Indian Coast Guard
Rolls-Royce, the global power systems company, has won a contract from India’s Cochin Shipyard to supply 60 water jets for a new fleet of 20 Fast Patrol Vessels for the Indian Coast Guard. The contract will involve the supply of Rolls-Royce Kamewa 71S3np water jets (three per vessel), and associated equipment including a joystick control system which will enhance the manoeuvring capabilities of the vessels.
Lloyd's Register Educational Trust-funded Collegium
Lloyd's Register Educational Trust-funded collegium provides innovative forum to find solutions for the carbon capture and storage industry. University of Southampton-based initiative combined students, faculty and the private sector. A collegium funded by the Lloyd's Register Educational Trust (The LRET) has produced four technical papers that the authors hope will spur discussion and further innovation as industry strives to find solutions to the challenges of carbon capture and storage (CCS).
ICS Urges Shipowners to Get EEDI
The Board of Directors of the International Chamber of Shipping (ICS), whose member national shipowners’ associations represent all sectors and trades and over 80% of the world merchant fleet, met in London on 13 September. ICS members expressed great satisfaction with the adoption in June, by the International Maritime Organization (IMO), of a package of technical regulations to help the shipping industry further reduce its CO2 emissions on a global basis.
MJP Waterjets: Double Control for Water Jets
Swedish-based MJP Waterjets has succeeded in combining steering and reversing of two jets simultaneously into a central column operating both jets in parallel by means of a single hydraulic control. This new design of the steering and reversing unit called CSUI has recently been tested on the French landing craft CNIM EDA-R. The landing craft with its hourglass shaped hull and has two very different…
Foss' Retrofitted Hybrid Tug to be on Display
Foss' Retrofitted Hybrid Tug to be on Display Tuesday, September 20 at Company's Rainier, Ore., Shipyard. Who: Foss' second hybrid tug, the retrofitted Campbell Foss, will be open to the media for the first time. What: The Campbell Foss is sister to the Carolyn Dorothy, which has been bringing cleaner air and fuel efficiency to southern California ports since its 2010 arrival in Los Angeles and Long Beach. When: 10 a.m. to 2 p.m. Where: Foss Maritime's Rainier, Ore., shipyard / 611 E.
French Woman Captured by Somali Pirates Released by EUNAVFOR
On 10 September EUNAVFOR Operation ATALANTA assets intercepted and forcibly stopped a suspected Somali Pirate skiff which was involved in the abduction of a crew…
GAC Appoints Constantin Draghici to Head HSSE Drive
GAC appoints Constantin Draghici to head HSSE drive Hands-on experience to guide Group-wide safety culture. GAC has appointed Constantin Draghici as its Group HSSE (Health Safety Security Environment) Manager to drive awareness and consistent implementation of the best health, safety, security and environmental practices throughout the GAC world. Born in Bucharest, Romania, in 1971, Constantin has a wealth of hands-on operational experience…