Coast Guard Foundation Awarded 128 Scholarships
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that in 2016 it has awarded a record 128 new scholarships. Combined with multi-year scholarship recipients and three Fallen Heroes Scholars, the Foundation is currently supporting 163 students totaling $576,500 in support this year. In just over 26 years…
Keppel to Deliver First North Sea FPSO
Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Kraken Pte Ltd (Armada Kraken), a wholly owned subsidiary of Bumi Armada Berhad (Bumi Armada). The naming ceremony of the FPSO, Armada Kraken, was held at Keppel Shipyard yesterday. Armada Kraken is a harsh…
SOS from Hanjin Shipping
The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to postpone debt repayments to foreign creditors made significant progress, says the cash-strapped firm. Creditors of Hanjin Shipping, led by the state-run Korea Development Bank, have threatened to put the shipper under receivership, saying its fresh self-rescue plan is far shy of demands.
STX to Slash Jobs, Sell Yard
To stay above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ. The country's fourth largest shipyard filed for receivership in May. The court has been supervising the firm’s rehabilitation since June. STX told a bankruptcy court in Korea that it has hired PricewaterhouseCoopers to help it sell STX France…
NASA May Send Submarine to Titan
NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean. The aim to find the chemical composition of the largest ocean of the moon, Kraken Mare and search for signs of life. Jason Hartwig, a NASA cryogenics engineer has disclosed the idea while he was giving a presentation at NASA Innovative Advanced Concepts Symposium in Raleigh, reports inverse.com.
Michelle Obama Sponsors Attack Submarine
General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP. The submarine will become the USS Illinois (SSN 786) after more than five years of construction. The first lady, who's from Chicago, will be involved in the life of the submarine and the lives of its sailors and their families.
Indian Cargo Ship Sinks Off Oman
An Indian cargo ship loaded with vehicles and food supplies destined for Yemen sank on Saturday off the coast of Oman but without loss of life, Oman’s ONA state news agency reported. The ship, heading to Yemen's Al Mukalla port after it was loaded in Sharjah in the UAE, sunk off the coast of Jalan Bani Bu Ali province. Omani fishermen and police rescued all 11 crew on board. The vessel was carrying 69 vehicles, foodstuff, tyres and engine oils.
Croatia’s Jadrolinija to Buy New Passenger Ship
The Croatian ferry operator has started implementing its development strategy, and one of the main elements of the strategy is further development of the fleet. RMDC said the ship will carry 2,000 passengers and 206 cars, or 85 cars and 20 trucks. Passenger spaces located on two decks will include a restaurant, bars, buffet, childrens’ playroom and designated space for passengers on the open deck. “We and Croatian islands need such a ship”, said Klanac.
Indian Warships Visit Port Victoria
In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and Aditya under the Command of the Flag Officer Commanding Western Fleet, Rear Admiral Ravneet Singh,NM have arrived at Port Victoria on a two day visit, says a government press release. INS Kolkata is commanded by Captain Rahul Vilas Gokhale, INS…