Italy Eni Buys Exploration Licences in Ghana
According to a Sept 28 report from Reuters, Italy's oil and gas major Eni (ENI.MI) has bought majority stakes in two offshore exploration licenses in Ghana, making…
Metal Trades Builds Hull for Barge Conversion
Metal Trades, Inc. (Hollywood, SC) has built and delivered the outer hull for a double hull fuel barge conversion for Cross State Towing Company of Jacksonville, FL. The 256 ft long by 56 ft wide outer hull was designed by Glowacki Engineering to retrofit on the outside of the 17,000 BBL cargo tank bay in compliance with USCG and OPA 90 requirements. According to Randy Brown, Vice President of Business Development for Metal Trades…
NTSB Meets on Alaska Ranger Sinking
The National Transportation Safety Board will hold a public Board meeting on Wednesday, September 30, 2009, at 9:30 a.m., in its Board Room and Conference Center…
Oil Recovery from Submerged Ship Wreck
Coast Guard Marine Safety Unit Port Arthur is continuing to coordinate response operations to recover oil from a submerged ship wreck 6 miles off Texas Point in the Gulf of Mexico, Friday, Sept. 25.
CG Responds to Oil Spill off Savannah Coast
The Coast Guard is responding to an oil spill approximately nine-miles offshore of Savannah after a tank ship punctured a hole in its double-hulled fuel tank during…
Oil Recovery Ops in Houston Ship Channel
The oil spill responders continue clean up efforts today after the 458-ft tank vessel Chemical Supplier allided with a barge and spilled approximately 10,500 gallons…
Shipmanagers Should Review Liability Limitation
Ahead of an impending revision of the standard industry shipmanagement agreement, the International Transport Intermediaries Club (ITIC) has urged shipmanagers to limit their liability to a sum which reflects the growing proportionate gap between ship values and the level of shipmanagement fees. ITIC notes that the standard shipmanagement agreement, BIMCO Shipman, has been around for over twenty years.
Korean Researchers Crack LNG Carrier Problem
According to a Sept. 29 report from The Chosun Ilbo, a research and development team from the Korea Gas Corporation and the three major Korean shipbuilders has developed…
Wärtsilä Joins UN Global Compact initiative
Wärtsilä has signed the United Nations Global Compact initiative and has been registered as a participant by the UN Global Compact Office. With this action Wärtsilä…
United States Marine Patrol Boats Contracts
According to an Associate Press report, United States Marine signed the paperwork turning over two patrol boats to the U.S. Special Operations Command. They are…
SEC Closes Inquiry Involving ACL
American Commercial Lines Inc. (NASDAQ: ACLI) (ACL) announced that the U.S. Securities and Exchange Commission (SEC) has confirmed it will not take action against…
Tsakos Energy Semi-Annual Cash Dividend
Tsakos Energy Navigation Limited (TEN) (NYSE:TNP) announced that its Board of Directors has declared the company’s initial cash dividend for the fiscal year 2009 of $0.30 per common share…
Busch Elected President of Int’l Salvage Union
Crowley Maritime Corporation announced that Todd Busch, the company's senior vice president and general manager of technical services, which includes Crowley subsidiary Titan Salvage, has been elected president of the International Salvage Union (ISU). Busch was elected during the ISU's 55th general meeting in Boston this week. He succeeds Arnold Witte, who will continue to be a member of the ISU's executive committee.
This Day in Coast Guard History – Sept. 29
1898-The American steamer, Toledo with the barge Shawnee in tow, became water-logged 25 miles southwest of the station at Ship Canal, MI. Her crew boarded Shawnee and sailed to the canal.
This Day in Naval History – Sept. 29
1946 -Lockheed P2V Neptune, Truculent Turtle, leaves Perth, Australia on long distance non-stop, non-refueling flight that ends October 1. 1959 - USS Kearsarge (CVS…
DeepFlex Appoints Kearney President & CEO
The DeepFlex Board of Directors has announced the appointment of Michael C. Kearney as its President & Chief Executive Officer and his election to the Board of Directors, replacing W. George Coyle.
EF Johnson $1.1m Order From U.S. DOD
EF Johnson Technologies, Inc. (NASDAQ:EFJI) announced that it has received an order from the U.S. Department of Defense (DoD) for $1.1m to provide a maritime wireless solution for the customer.
New Navy Contract
Swiftships Shipbuilders, LLC, Morgan City, La., is being awarded a $180,998,189 fixed-price letter contract for the detail design and construction of nine patrol…
A Farewell to John Lynch
We note with sorrow the passing of a friend to seafarers, former President and CEO of Seaboard Marine, Mr. John Lynch. John was our 2006 International Golden Compass…
Rolls-Royce Opens New Facility in Newfoundland
Rolls-Royce, the global power systems company, has enhanced its global customer support capability in Canada with a new Marine service center located in Mount Pearl…
