Laborde Celebrates 16 Years of Business
Laborde Products of Covington, Louisiana, observes sixteen years in business in 2014. During this time, the company has expanded both its product line and staff, as well as its reach throughout much of the Gulf Coast area. Growth has brought changes to Laborde's staff. Stepping down as president, Tracey Laborde remains company CEO. Brian Laborde now fills the role of president, with Doug Oehrlein as VP of sales and marketing.
Euroseas to Sell $29 Million in Shares
Euroseas Ltd. has announced that it entered into an agreement to sell 25,000 shares of its Series B Convertible Perpetual Preferred Shares to a fund managed by Tennenbaum Capital Partners, LLC (TCP) and 5,700 shares to Preferred Friends Investment Company Inc, an affiliate of the company, for expected net proceeds of approximately $29 million. The company intends to use the proceeds for the acquisition of vessels and general corporate purposes.
NAT Reports Total Dividend is Up
Nordic American Tankers Limited (NAT) today announced that the 66th dividend of NAT is expected to be $0.25 per share compared with $0.16 per share for 3Q2013. This…
RoadOne IntermodaLogistics Marks First Anniversary
RoadOne IntermodaLogistics has announced that the company is celebrating its first anniversary. RoadOne was launched one year ago to deliver integrated, single source transportation and logistics solutions to meet today’s economic and market challenges. Within this year, RoadOne has expanded its national intermodal network with a new agent-based model under the U.S. IntermodaLogistics name and strengthened…
CSS Olympia Delivered
STX Marine (STXM) announced that Gran Energia took delivery of the Compact Semi-Submersible (CSS) Olympia from MAC Offshore. STXM and partners in CSS Designs Ltd. developed the CSS design over the past five years, and said this delivery, will change the long term landscape of the Offshore Vessel market. Built by Fujian Mawei Shipbuilding in Fujian Province, China, the CSS Olympia has a length of 84.25m. with an overall capacity of 500 people.
Tonnage Totals Grow 8% at Georgia Ports
For the first six months of Fiscal Year 2014, the Georgia Ports Authority (GPA) said it has logged 8 percent growth in total tonnage. From July through December 2013, the GPA moved 14.36 million tons of cargo, up from 13.3 million tons over the same period in the previous fiscal year, GPA Executive Director Curtis Foltz reported to the authority board Monday. “Strong volumes in container traffic, bulk…
Today in U.S. Naval History: January 27
Today in U.S. 1942 - USS Gudgeon is first U.S. sub to sink enemy submarine in action, Japanese I-173. 1945 - Commissioning of USS Higbee (DD-806), first U.S. Navy ship named after women member of U.S. Navy. 1967 - Fire in Command Module at Cape Kennedy during simulation countdown. Lunar Module Pilot Lt. Cdr. Roger B. Chaffee and two other crew members died. 1973 - Paris Peace Accords signed, ending U.S.
Ridge-Schmidt, PwC Enter Cybersecurity Alliance
PwC US and Ridge-Schmidt Cyber LLC, a consultancy formed by Tom Ridge and Howard Schmidt, has announced a new alliance to help leaders in business and government navigate the increasing demands of cybersecurity. The strategic relationship builds upon Ridge-Schmidt Cyber’s consulting partnerships and will enable senior executives at public and private organizations to benefit from the collective experience and cyber capabilities of both firms…
Brunei Shell Orders Trelleborg Foam Fenders
Trelleborg has won the contract to supply more than 100 of its SeaGuard foam fenders to Brunei Shell’s Kuala Belait supply base wharf in Brunei, through local Brunei registered contractor Waqi Sdn Bhd. As part of an upgrade project for the wharf, 93 fenders are required to span six berthing spaces. The fenders will be installed with spacing of 1.5 meters, covering a length along the entire Kuala Belait Supply Base Wharf of 325 meters.
Willard Delivers Rescue Boats in Alaska
Willard Marine, a 56-year-old builder of composite and aluminum boats, has delivered two rescue boats for the Alaska Marine Highway System (AMHS). Under the contract, Willard Marine is supplying two U.S. Coast Guard-approved SEA FORCE 670 SOLAS fast rescue boats (FRBs) for the 418-ft. passenger/ro-ro ferry M/V Columbia. Each of the two 22-ft. fiberglass 670 FRBs is powered by an inboard 230 HP diesel engine and water jet and can carry up to nine passengers.
Port of LA Embarks on Major Roadway Project
In the coming weeks, the Port of Los Angeles will start construction on two major roadway projects that will improve the Harbor I-110 Freeway and nearby surface streets in San Pedro and Wilmington.
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Ariel Adds New Sales/Marketing Staff
Anil Sethi, Managing Director of Ariel Maritime and Ariel Global Logistics welcomed a new member of their Manchester based Sales and Marketing staff: Nigel Huntington…
Canadian Ports Offer Financial Incentives for Energy Efficiency
Canada’s two largest west coast ports are now both offering financial incentives to shipowners based on the ‘A to G’ Greenhouse Gas Emissions (GHG) rating, which benchmarks the energy efficiency of the international shipping fleet. Port Metro Vancouver’s ‘Eco-Action’ Program and Prince Rupert Port Authority (PRPA)’s ‘Green Wave’ Program will reward the most efficient vessels that enter the ports. PRPA’s Green Wave Program has already received 19 vessel entries during its first two weeks…
Netsco Forms Choice Ballast Solutions
Rich Mueller, President and CEO of Netsco, a company in marine engineering and naval architecture firm since 1984, has established Choice Ballast Solutions, LLC…
Delaware River Ice Restrictions Modified
The Captain of the Port (COTP) Delaware Bay is notifying mariners that Ice Condition II has been modified to expand steel hull restrictions in the Delaware River.
ABB Onboard DC Grid Granted AIP from ABS
Approval in principle confirms Onboard DC Grid’s suitability for marine application. The new system supports the growth of electrical propulsion systems onboard ships.
Colombian Navy Pilot Boat Delivered
Gladding-Hearn Shipbuilding, Duclos Corporation, has delivered the first of six Chesapeake Class pilot boats for coastal and offshore patrol operations and port security, provided by the Colombian Department of the Navy. Designed by C. Raymond Hunt & Associates, the all-aluminum deep-V hull measures 56.6 feet overall, with a 17.8-foot beam and 3-foot draft, and has a top speed of 27 knots. The launch is powered by twin MAN R6-800CRM diesel engines, each delivering 800 Bhp at 2,300 rpm.
Hijackers Release Tanker, Dynacom Says
The oil tanker reported missing on January 18 at Angola, Luanda Anchorage was allegedly released by hijackers, according to a statement from the vessel's owner,…
Excel Reduces Debt by $600 Million
Excel Maritime Carriers Ltd., an owner and operator of dry bulk carriers, today announced that the United States Bankruptcy Court for the Southern District of New…