Horizon Lines Q1 2011 Results
Horizon Lines, Inc. (NYSE: HRZ) reported financial results for the fiscal first quarter ended March 27, 2011. As a result of previously announced plans to discontinue the logistics business…
Dryships Announces Signing to Construct UDW Drillships
ATHENS, GREECE – April 29, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing, by its majority-owned subsidiary Ocean Rig UDW Inc. (“Ocean Rig”), of the previously announced restructuring of its $1.1 billion Secured Term Loan Facility led by Deutsche Bank.
This Day in U.S. Coast Guard History - April 29
1909- Burnt Island, Maine: The schooner Regina stranded five miles north of the station. The Life-Saving crew, in a small power boat, arrived at the same time as the tug Bismarck.
This Day in U.S. Naval History - April 29
1898 - U.S.
Brad L. Berman Joins Holland and Knight as Partner
New York City – April 29, 2011 – Holland & Knight is pleased to announce that Brad L. Berman has joined the firm as Partner in the firm's New York City office. Prior to joining Holland & Knight, Berman served as Executive Director of the Liberian International Ship & Corporate Registry (LISCR), the world's second largest ship registry and 60+ year old corporate registry, where he oversaw all aspects of the Liberian corporate and shipping program…
C-Innovation to Expand International ROV Fleet with Schilling ROVs
Davis, California – April 29, 2011. Schilling Robotics, LLC, experts in subsea systems, announced today that C-Innovation has placed a contract for multiple ROV systems in support of their expanding international operations. This contract includes the supply of both HD™ and UHD™ work class ROV systems that will be deployed globally, including Brazil and Singapore. This continued expansion of C-Innovation’s…
Ship Naming Ceremony is held for Sinopacific's First Fabricated Ship
Ningbo, April 29, 2011 —— On the morning of 29 April, Sinopacific Shipbuilding Group, China’s leading private shipbuilding enterprise held the ship naming ceremony at its Zhejiang Shipyard for GPA696, the global first fabricated model of Offshore Support Vessel(OSV) built for France’s Bourbon Company. Afterwards, a sea trial event was also held for another global first fabricated OSV, the SX130. Attending this event were Ningbo Mayor Liu Qi…
ABS Selects Brunswick Landing to Establish Ship Modeling Center
Augusta, Maine – Maine Governor Paul LePage, members of the Maine Congressional Delegation and the Midcoast Regional Redevelopment Authority (MRRA) announced today that the American Bureau of Shipping (ABS) plans to establish a computer-based ship modeling center at Brunswick Landing: Maine’s Center for Innovation. The move will create nearly thirty jobs in the Brunswick area. “Our Administration has a laser focus on job creation.
More Contracts For Ulstein In Brazil
Ulstein Design & Solutions has signed two ship design contracts with the Brazilian Shipyard Alianca S.A for the building of two ULSTEIN PX105 platform supply vessels with the X-BOW® hull line design for the Brazilian shipowner CBO. The contracts are worth approximately NOK 150 million. The contracts are for the delivery of design, engineering, main equipment and building follow-up for two large platform supply vessels of the ULSTEIN PX105 design type.
GL Garrad Hassan Registers Offices In The Netherlands
29. Apr. 2011 | [Group,Renewables] | Hamburg/Germany - GL Garrad Hassan is now registered in the Netherlands as a B.V. (Dutch Limited). The name of the new entity is "GL Garrad Hassan Nederland B.V.". The renewable consultancy has offices in Heerenveen, Leiden and Sint Maarten to accommodate the demand for consulting, design, project management services and training courses for renewable energy projects.
Court Reduces Horizon Lines' Fine To $15 Million
CHARLOTTE, NC (April 28, 2011) - Horizon Lines, Inc. (NYSE: HRZ) today announced that a federal court has granted a request by the U.S. Department of Justice to reduce the company's fine related to federal antitrust violations in the Puerto Rico tradelane from $45 million to $15 million. As a result of the reduced fine, Horizon Lines is no longer facing the prospect of a May 21, 2011, default under its convertible note indenture.
Dryships Announces Closing Of Private Offering
ATHENS, GREECE – April 28, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the closing of the sale of $500 million aggregate principal amount of 9.5% Senior Unsecured Bonds Due 2016 (the “Bonds”) offered by its majority-owned subsidiary Ocean Rig UDW Inc.
Houston Pilots Celebrate 90th Anniversary
The Houston Pilots celebrated their 90th anniversary by inviting community and political leaders, maritime partners and friends to their new facility on Friday, April 1st. Deer Park Mayor Wayne Riddle welcomed the pilots to the neighborhood with a key to the city and presided over the ribbon cutting. During the ceremony, Father Patout gave a blessing to the pilots and their new building, and the United States Coast Guard honored Houston Pilot Captain Bob Webbon with a safety accommodation.
RESOLVE, Shanghai Shengmin Shipping Svcs Form Oil Spill Response JV
U.S.- based RESOLVE Marine Group and Shanghai- based Shanghai Shengmin Shipping Service Co., Ltd. Shanghai, China, April 29, 2011 – Shanghai Shengmin Shipping Service Co., Ltd. and U.S.–based RESOLVE Marine Group, Inc. have announced the formation of an Oil Spill Response Organization joint venture, the Shanghai Resolve-Shengmin OSRO Company (SRSOC). SRSOC will provide Class 1 oil spill response organization services…
Seafarers’ Center Grand Reopening
On May 17, 2011, the Seamen’s Church Institute (SCI) hosts the Grand Reopening of its International Seafarers’ Center in Port Newark, NJ. SCI undertook a major renovation of the Center, completing construction late last year, to establish a first-rate facility for the global shipping industry working in the Port of New York and New Jersey, the East Coast’s largest port. “The welfare of international trade in the Port of New York and New Jersey hinges on this Center,” says the Rev. David M.
ClassNK Establishes New Standards for FLNG/FLPG Sector
April 28 (Tokyo) - Nippon Kaiji Kyokai (ClassNK) is pleased to announce the publication of its new Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage and Offloading. The new guidelines address the wide variety of construction and survey requirements for FLNG and FLPG facilities including LNG/LPG Floating Production, Storage and Offloading facilities (FPSO), Floating Production and Offloading facilities (FPO), and Floating Storage and Offloading facilities (FSO).
First USCG Sentinel Fast Response Cutter Launched
Bollinger Shipyards, Inc. announced the successful launch of the first in class USCG “Sentinel” Fast Response Cutter (FRC), Bernard C. Webber from its Lockport facility. The announcement was made by Bollinger executive vice president of new construction, Chris Bollinger, “We are pleased to announce the successful launch of the lead “Sentinel” Class Fast Response Cutter, Bernard C. Webber. This is the first of a new generation of multi-mission patrol boats for the United States Coast Guard…
Amendments to Pending Exploration Plans
On April 22, BOEMRE called for public comment to inform new deepwater environmental assessment. Statoil, Inc. and BHP Billiton Petroleum Americas have provided amendments…
American MetalCraft Marine Sponsors Seaway Day
Sailing Seaway Clayton presented by Davidson Auto Group and Lake Ontario Realty announced that American MetalCraft Marine of Clayton, New York has been named title sponsor of Seaway Day on Saturday, June 18. American MetalCraft Marine Seaway Day will feature tall ship Lynx, along with local vessels on display including tugboat Bowditch and former military landing vessels Thors Hammer and Maple Grove. The day will be capped off with a live performance by Bad Husbands Club at 7 p.m. in Frink Park.
Hempel Signs Paint Production Investment Agreement
The signing of an investment agreement between leading international coating supplier Hempel and local government officials in the Russian Ulyanovsk region marks an important milestone in the Hempel Group’s plans for its first Russian paint production facility. significantly increase our ability to service our customers in the region.” The new plant will feature the latest in environmentally-friendly coating production equipment technology…
