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GEORGE SILVER

Possible Support for Riverboat Gaming

Illinois Gov. George Ryan signaled he may be willing to support the transfer of a dormant riverboat gaming license to Cook County, despite campaigning against the idea last year. While not explicitly endorsing a specific casino site, he acknowledged without the crucial support of legislators who want riverboat gaming in the county, no gambling package could move forward in the Illinois General Assembly. Cook County is the only Illinois county prohibited by law from having a riverboat casino. Rosemont Mayor Donald Stephens is pushing for a riverboat there, and Chicago Mayor Richard Daley has endorsed Stephens' bid for a casino. Daley said he is not interested in bringing riverboat gambling to Chicago, but if Rosemont wants the dormant Silver Eagle license, he won't raise objections


Sunken Treasure Hunters Latest on 'SS Gairsoppa' Project

Seabed Worker: Photo credit Swire Seabed

Odyssey Marine Exploration inform the 'Seabed Worker', will cease salvage operations to make a scheduled port call in Cork, Ireland. After taking on fuel, supplies and changing personnel, the Seabed Worker will immediately return to the site to continue recovery operations under an extension of the charter agreement. No materials recovered from the shipwreck site will be landed during this port call in Ireland. Pursuant to Odyssey's agreement with the UK Government


Thern Launches New Line of Products

TSSBW_Series_web.jpg

Thern, Inc. is expanding their catalog with the introduction of the new Thern Silver Line of products. The Thern Silver Line is launching with the new imported stainless steel TSSBW Series hand winch. Available in three models offering lifting load capacities of 600, 900 and 1300 lbs, the new TSSBW Series hand winch is fabricated of 304 grade stainless steel and features solid steel machine cut gears, gear covers and automatic brakes


Silver Cloud to Join Polar Exploration Fleet

Image: Silversea Cruises

 Silver Cloud is to move Silversea Cruises’ luxury expedition fleet in November 2017.    Destined mostly for polar waters, the elite 296-guest ship that launched the ultra-luxury cruise line will be converted into an ice-class ship during an extensive refurbishment scheduled to start in August 2017, Silversea Cruises said.   As an expedition ship, the all-suite Silver Cloud will accommodate 260 guests and also sail on itineraries to non-polar regions


Fincantieri Lays Keel for Next Silversea Cruise Ship

Courtesy Fincantieri

  The keel laying ceremony of “Silver Muse”, the new ultra-luxury cruise ship which Fincantieri is building for Silversea Cruises, took place today at the shipyard in Sestri Ponente (Genova). The ceremony was attended for the shipowner, among others, by Enzo Visone, CEO of Silversea, while Fincantieri was represented by Raffaele Davassi, director of the shipyard. At 40,700 gross tonnes, able to accommodate 596 passengers on board


Fincantieri Launches Silver Muse

Photo: Fincantieri

Silver Muse, the new ultra-luxury cruise ship which Fincantieri is building for the ship owner Silversea Cruises, was launched at Fincantieri’s shipyard in Genoa Sestri Ponente. Interior fittings will now begin, leading the vessel to its delivery, scheduled in April 2017.   The launching was introduced by the traditional and well-wishing coin ceremony, consisting, according to an ancient shipbuilding custom, in welding a silver commemorative coin on the last deck of the ship


Silversea Poised For Growth

With the construction of new sister ships progressing as scheduled and the recently signed contract to manage the world's first ocean-going luxury residence, Silversea Cruises is well poised for growth in the next millennium. The line was founded in 1992 with the concept of offering all-inclusive, ultra-luxury cruises to all parts of the world. The first ship, Silver Cloud, debuted in 1994, followed by Silver Wind in 1995


Treasure Hunters Contract Bullion Processors

Odyssey selects JBR Recovery Limited for 'SS Gairsoppa' & 'SS Mantola' silver cargo processing Odyssey Marine Exploration, pioneers in the field of deep-ocean exploration, announce their contract with JBR Recovery Limited to support the logistics, refining and monetization of the anticipated silver cargoes from SS Gairsoppa and SS Mantola when recovered. Both the Gairsoppa and Mantola projects are being conducted under contract with the UK Department for Transport


Wave Yacht Design Wins Award

Artists impression courtesy of A Award

Wave catamaran cruiser yacht design by Roberta Visintin wins the Silver A' Design Award A' Award and Competitions announce that the design Wave Catamaran by Roberta Visintin has been recognized with the Silver A' Design Award in the Yacht and Marine Vessels Design Category, after rigorous judging by the international committee of A' Design Awards & Competitions. Roberta Visintin, the creator of the project Wave Catamaran explains: “Thinking about the sea as a world in a continuous


Odyssey to Open “SHIPWRECK!” Exhibit in Times Square

Odyssey Marine Exploration, Inc., will ring the Opening Bell at the NASDAQ MarketSite in New York on Thursday, May 23, 2013, at 9:30 a.m. to celebrate the grand opening of Odyssey's “SHIPWRECK!” exhibit at Discovery Times Square on Friday, May 24. A live video stream of the Opening Bell Ceremony will be viewable at www.nasdaq.com starting at 9:15 a.m. EDT. "The exhibit features more than 500 authentic artifacts and treasures


Vessel Collision in Myanmar: 20 Die, 40 Survive

Photo taken from a YouTube Video by Myanmar Travel Information

 A total of 40 passengers have been rescued after two vessels collided in Pathein, southwestern Myanmar's Ayeyawaddy region Friday night, in which 20 others have been confirmed killed, Xinhua reported quoting Pathein Water Transport Police.   


MISC Signs up Entire LNG Fleet for ECDIS Training

Photo: MISC Berhad

MISC Berhad has chosen eMaritime Group's ACAT online courses as its ECDIS type specific continuous personal development training solution. The agreement has enabled MISC to sign up its entire fleet of liquefied natural gas (LNG) carriers while being able to effortlessly monitor all students


DryShips Enters into Newcastlemax Contract

Pic: DryShips

 DryShips Inc has entered into a one year time charter with a major grain house for one of its 206,000 dwt Newcastlemax drybulk vessels for an expected duration of about one year.   The Company anticipates a total gross backlog of $7


DryShips Acquires Three Kamsarmax Bulkers

DryShips has entered into agreements with unaffiliated third parties to purchase three Kamsarmax drybulk carriers built in 2014.   One 81,918 DWT Kamsarmax drybulk carrier is built in 2014. The company expects to take delivery of this vessel during the second quarter of 2017.   


IMO Secretary-General Visits Antarctica

Photo: International Maritime Organization (IMO)

International Maritime Organization (IMO) Secretary-General Kitack Lim experienced polar conditions at first hand during a recent visit to Antarctica (8-12 February).    Shipping in waters surrounding the two poles has increased in recent years


Tug Grounding Causes Fuel Spill in Alaska

Emergency personnel continue their response to the tug boat Samson Mariner which ran aground and spilled fuel while towing a barge in the vicinity of Rosa Reef in north Tongass Narrows, Alaska, Wednesday evening.   Approximately 1,100 gallons of diesel spilled from the tug prior to being


DryShips declares first dividend under new policy

DryShips announced that its Board of Directors has decided to initiate a new dividend policy. Under this policy, the Company will pay a regular fixed quarterly dividend of $2.5 million to the holders of common stock. In addition, at its discretion


ECDIS Release New ACAT Courses

Photo: ECDIS

ECDIS Ltd have extended its Type Specific ECDIS ACAT (Annual Competency Assurance Training) portfolio to include the new JRC 7201/9201 and Furuno FMD ECDIS.   Available online as well as the new offline downloadable version, ECDIS ACAT is used daily by shipping companies globally


Fincantieri Launches Carnival Horizon

Photo: Fincantieri

Carnival Cruise Line’s newest ship, Carnival Horizon, was launched at Fincantieri’s shipyard in Marghera, Italy.   Interior fittings will now begin, leading the ship to its delivery, scheduled in spring 2018.   The new cruise liner, sister ship of Carnival Vista


DryShips Completes Common Stock Offering

File Photo: DryShips Inc

 DryShips Inc. has successfully completed the previously announced $200 million common stock offering, in which the Company raised net proceeds of $198 million, pursuant to the prospectus supplement filed on February 17, 2017.   Following the completion of the offering


Svitzer Orders Escort Tug from Sanmar

From left to right:  Sanmar Commercial Director, Rüchan Çıvgın with Svitzer Europe Managing Director, Kasper Friis Nilaus (Photo: Sanmar)

Svitzer has signed a contract with Sanmar to purchase a newbuild 80 tbp ASD escort tug for Southampton, U.K., strengthening its fleet to meet current and future customer requirements and reemphasizing its commitment to the port of Southampton.   


Dryships Acquires Four Newcastlemax Vessels

Image: DryShips Inc.

 DryShips Inc. has entered into agreements with unaffiliated third parties to acquire four Newcastlemax bulk carriers of approximately 206,000 DWT and with an average age of 3 years. The company expects to take delivery of the vessels before the end of June 2017.  


George H.W. Bush CSG Conducts OIR Missions Against ISIS

Photo: United States Navy

 The George H.W. Bush Carrier Strike Group (CSG) is currently launching missions against the Islamic State of Iraq and Syria (ISIS) in support of Operation Inherent Resolve (OIR) from the Arabian Gulf.   Rear Adm. Kenneth R. Whitesell, commander, CSG 2


Ocean RIG Files for Bankruptcy Protection in US

Photo: Ocean RIG

Rig contractor Ocean RIG UDW Inc filed for Chapter 15 bankruptcy protection in a U.S. court amid a deep and prolonged downturn in the industry. Shares of the company plunged 36.4 percent to 46 cents in early trading on Tuesday. The Cyprus-based company, which had $3


Seized Indian Dhow in Vicinity of Hobyo, Somalia

An Indian registered cargo dhow that was hijacked by suspected Somali pirates on April 1 is now in the vicinity of Hobyo, a major meeting point of pirates when they were most active in 2011, the EU Naval Force said on Monday, giving a location for the vessel for the first time.






 
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