Technip Files Financial Report with AMF
Technip - a project management, engineering and construction company serving the energy industry - has filed his First Half 2011 Financial Report with the French…
Nobeltec Releases New Service Pack
Nobeltec announces new hardware integration and software functionality with the service pack release of Admiral 11.1 and VNS 11.1. VNS and Admiral are designed for…
BIW Secures More Navy DDG-1000 Funding
After months of negotiations, the Assistant Secretary of the Navy, Sean Stackley, called Senator Susan Collins to tell her that the U.S. Navy and General Dynamics…
Offshore Wind Power: Good Growth in EU in 1H '11
The European Wind Energy Association (EWEA) has published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010. 101 new offshore wind turbines, with a total capacity of 348 Megawatt (MW), were connected to the power grids in the UK, Germany and Norway during the first six months of 2011.
Salvage Cost of Stranded Tanker Soars
According to a report on www.businessday.co.za, bad weather could drive up the cost of salvaging the stranded oil tanker MT Phoenix to $4.5m, citing information…
Admiral Papp: USCG Not Ready for Arctic Ops
Coast Guard Commandant Adm. Bob Papp testified before the U.S. Senate Commerce, Science and Transportation Committee Oceans, Atmosphere, Fisheries and Coast Guard Subcommittee on defending U.S. economic interests in the changing Arctic. During the hearing, Adm. Papp discussed America’s position as an Arctic nation, the Law of the Sea Convention, and need to complete construction of at least eight national security cutters.
Kirby Announces 2Q Results
Kirby Corporation (NYSE: KEX) announced net earnings attributable to Kirby for the second quarter ended June 30, 2011 of $41.7 million, or $.77 per share, compared with $29.3 million…
Titagarh Wagon to Enter Shipbuilding
According to a report on www.business-standard.com, India's Titagarh Wagon (TWL) (www.titagarh.biz) announced plans to enter shipbuilding business and was scouting for land near Kulpi.
$33B Navy Contract: A Three-Way Race in Canada
July 27 is potentially a historic day for Davie Canada, as the National Shipbuilding Procurement Strategy Secretariat announced that it had accepted the application…
Bill Seeks to Spark Offshore Wind Investment
According to a report on SustainableBusiness.com, bipartisan legislation was introduced in the US Senate would create incentives for investments in offshore wind energy.
Fitch Affirms SEACOR Holdings' IDR at 'BBB-'; Outlook Stable
--Senior unsecured notes at 'BBB-'. The Rating Outlook is Stable. Approximately $700 million in total debt is outstanding at SEACOR. SEACOR's ratings are supported…
This Day in Navy History
1953 - Korean War armistice signed at Panmunjon, Korea and Korean cease-fire went into effect at 10:00 PM. For more information about naval history, visit the Naval…
Houston Port Commission Adopts Vision, Mission Statement, Core Values
The Port Commission of the Port of Houston Authority approved and adopted a vision, mission statement and the core values of the Port of Houston Authority, as well…
ACL Appoints New Executives
American Commercial Lines (ACL) has relocated Bill Braman, Senior Vice President and Chief Operating Officer – Transportation Services, to Harahan, LA, where he will lead the field implementation of ACL’S new operating plan and scheduled service platform. Braman joined the company in February 2009 as Vice President and General Manager – Transportation Services. He will continue to report to the President and CEO. ACL has also made two appointments.
Star Bulk Takes Delivery of Star Big
Star Bulk Carriers Corp. ("Star Bulk") announced that it has taken delivery of the Star Big (formerly Big Fish): a 1996-built, 168,404 dwt Capesize vessel. Following…
Jumbo Shipping Successfully Transports Monopiles
Jumbo Shipping has successfully transported 51 monopiles from EEW's manufacturing plant in Rostock, Germany, to Barrow-in-Furness in the UK. The monopiles’ final…
Clean Air Action Plan Air Quality Award Winners Announced
The Ports of Los Angeles and Long Beach have selected seven local maritime and cargo companies as this year’s recipients of the Clean Air Action Plan Air Quality Awards…
Iraqi Delegates to Visit OPITO
Following the signing of a landmark agreement with the Iraq Ministry for Oil to help the war-torn country develop the skills and training necessary to exploit its hydrocarbon resources, OPITO will welcome a senior delegation from Iraq on a fact-finding mission. The delegation, made up of five senior figures from Iraq’s Ministry for Oil and the deans of the four oil technical institutes in Basrah, Kirkuk, Baghdad and Tikrit, is visiting Scotland for four days this week.
ERMA FIRST Receives Basic Approval
During an MEPC 62 meeting, which ran from July 11-15, the IMO granted basic type approval to the ERMA FIRST Ballast Water Treatment system. ERMA FIRST is an electrolysis…
General Dynamics Reports Strong 2Q Earnings
General Dynamics has reported second-quarter earnings from continuing operations of $666 million, or $1.79 per share on a fully diluted basis, compared with 2010…
