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Gulf Stream News

13 Feb 2024

Sunken Ship Spilling Oil in Trinidad and Tobago

(Photo: Office of the Chief Secretary)

First responders and volunteers from Trinidad and Tobago on Tuesday sought to contain an oil spill detected last week in the Caribbean country's waters and clean areas of Tobago island's coast already affected by the incident.Trinidad and Tobago's coast guard first spotted the spill on Feb. 7, about 6 kilometers off the coast of Studley Park, the chief secretary of Tobago's national assembly, Farley Augustine, said in a press conference on Sunday.Barriers have been installed to contain the spill…

05 May 2022

Krugh Named President of Bath Iron Works

Charles F. Krugh  was named president of General Dynamics Bath Iron Works. Photo courtesy General Dynamics

General Dynamics appointed Gulfstream Aerospace executive Charles F. Krugh as president of General Dynamics Bath Iron Works.“Chuck’s leadership, proven track record in manufacturing and expertise in managing complex supply chains will be an enabler to Bath Iron Works as it expands and increases the pace of shipbuilding for the U.S. Navy,” said Robert E. Smith, executive vice president for Marine Systems.A U.S. Army veteran, Krugh served in a variety of aerospace manufacturing roles before joining General Dynamics in 2011 as a senior vice president and general manager for Jet Aviation.

07 Aug 2020

Florida Current is the Weakest Its Been in a Century

A new study uses a method of tracking the strength of near-shore ocean currents from a distance via measurements of coastal sea level. (Photo by Carol Anne Clayson, Woods Hole Oceanographic Institution)

The Florida Current, which forms the start of the Gulf Stream, has slowed over the past century and is the slowest it has been at any point in the past 110 years, a new study reveals.Researchers have developed a method of tracking the strength of near-shore ocean currents using measurements made at the coast, offering the potential to reduce one of the biggest uncertainties related to observations of climate change over the past century.“In the ocean, almost everything is connected…

01 Mar 2018

Logistec Acquires Gulf Stream Marine

Logistec Corporation announced  the expansion of its network of terminals through the strategic acquisition of Gulf Stream Marine. This transaction will allow Logistec to establish a stronghold in the U.S. Gulf, strengthen its position in a high-growth market in the United States, provide access to an experienced talent pool, facilitate knowledge transfer between the two organizations, and generate immediate positive benefits to shareholders. This acquisition also represents a major expansion of our network of terminals in the USA. With Gulf Stream Marine's 10 terminals in 5 ports, Logistec's cargo handling activities now cover 58 terminals in 35 ports in North America.

19 Jul 2017

DHS Custom Passenger Ferry Launched

Photo: Gulfstream Shipbuilding

Gulfstream Shipbuilding launched a custom passenger/vehicle ferry for the U.S. Department of Homeland Security (DHS) on July 12, 2017. This 118 x 27 x 10.75 ft. crew boat-style vessel will be delivered in the fall 2017 to service the New York and Connecticut waters. The aluminum ferry will service the DHS Directorate of Science and Technology Plum Island Animal Disease Center in Orient Point, NY. The vessel is capable of transporting passengers, freight and vehicles in and around the waters of the Eastern Long Island Sound and Gardiner’s Bay.

24 Apr 2017

Statoil Downplays Risks Ahead of Arctic Drilling

File photo: Ole Jørgen Bratland / Statoil

Norway's Statoil on Monday played down concerns that drilling in the Arctic is risky, days before it kickstarts its drilling campaign in the Barents Sea, where the country believes around half of its remaining resources could be located. "We will start drilling the first well, Blaamann, during May ... followed by Kayak, Gemini (Nord), Korpfjell and Koigen (Central)," said a Statoil spokesman, adding each might take about a month to drill. All the wells are in areas free of sea ice thanks to the warm Gulf Stream…

10 Feb 2017

Litter Levels in the Arctic Depths On the Rise

The Arctic has a serious litter problem: in just ten years, the concentration of marine litter at a deep-sea station in the Arctic Ocean has risen 20-fold. This was recently reported in a study by researchers at the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI). Plastic bags, glass shards and fishing nets: despite its location, far from any urban areas, the amount of litter in the depths of the Arctic Ocean continues to rise, posing a serious threat to its fragile ecosystem. Since 2002, AWI researchers have been documenting the amount of litter at two stations of the AWI’s “Hausgarten”, a deep-sea observatory network, which comprises 21 stations in the Fram Strait, between Greenland and Svalbard.

27 Jan 2017

Marine News Boat of the Month: January 2017

Image: Gulfstream Shipbuilding

Gulfstream Shipbuilding’s Custom Aluminum Ferry: U.S. Department of Homeland Security awards Ferry Contract for vessel built specifically for Eastern Coastal Waters. In December, Gulfstream Shipbuilding was awarded a contract through the United States Department of Homeland Security for a passenger/vehicle ferry to service New York and Connecticut waters. This crew boat-style vessel will be capable of transporting passengers, freight and vehicles in and around the waters of the Eastern Long Island Sound and Gardiner’s Bay. The vessel has an expected delivery date of April 2017.

27 Jan 2017

Marine Business Helps Power GD Forward

On Wednesday, January 25, General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), began construction on a fifth ship for the U.S. Navy’s Expeditionary Transfer Dock (ESD)/Expeditionary Sea Base (ESB) program. (Image: General Dynamics NASSCO/USN)

General Dynamics (NYSE: GD) reported fourth-quarter 2016 earnings from continuing operations of $807 million, a 5.6 percent increase over fourth-quarter 2015, on revenue of $8.2 billion. Diluted earnings per share from continuing operations were $2.62 compared to $2.40 in the year-ago quarter, a 9.2 percent increase. Full-year earnings from continuing operations were $3.1 billion, a 3.3 percent increase from 2015 on revenue of $31.4 billion. Diluted earnings per share from continuing operations were up 8.7 percent at $9.87 compared to $9.08 in 2015.

08 Dec 2016

Gulfstream Wins DHS Ferry Contract

(Photo: Gulfstream Shipbuilding)

Gulfstream Shipbuilding won a contract through the United States Department of Homeland Security for a passenger/vehicle ferry to service the New York and Connecticut waters. This 118 x 27 x 10.75 ft. crew boat-style vessel will be capable of transporting passengers, freight and vehicles in and around the waters of the Eastern Long Island Sound and Gardiner’s Bay. The vessel has an expected delivery date of April 2017. “Gulfstream Shipbuilding is not only familiar with the Eastern Long Island Sound waters…

02 Dec 2016

James Murray Joins Gulfstream Shipbuilding Management Team

James Murray (Photo: Gulfsteam Shipbuilding)

Gulfstream Shipbuilding welcomes James Murray, a second generation boat builder and operator/owner, to the Sales Management Team. James is the son of Jim Murray, who originally opened the shipyard 35 years ago as Freeport Shipbuilding. James built a variety of custom boats at the shipyard before venturing off to start his own successful passenger excursion company. Now, James returns to partner with the current owner Stuart Reeves on a new generation of custom shipbuilding. “James exhibits the same passions and values that his father instilled on this company 35 years ago…

28 Jun 2016

Charting the Shift of Oceanic Boundary Currents

Global warming results in fundamental changes to important ocean currents. As scientists from the Alfred-Wegener-Institute show in a new study, wind-driven subtropical boundary currents in the northern and southern hemisphere are not only going to increase in strength by the end of this century. The Kuroshio Current, the Agulhas Current and other oceanic currents are shifting their paths towards the pole and thus carry higher temperatures and thus the risk of storms to temperate latitudes. For this study, researchers evaluated a wealth of independent observational data and climate simulations. They showed the same pattern for all boundary currents, with the Gulf Stream as the only exception. According to the data, the latter will weaken over the next decades.

16 Jan 2016

USCG Helps Release 130 Sea Turtles

The Coast Guard assisted with the release of 130 sea turtles Thursday into Gulf Stream waters off the Outer Banks. The crew of the Coast Guard Cutter Cushing, along with their family members, assisted North Carolina Wildlife Resources Commission personnel in releasing the sea turtles. The rehabilitated sea turtles were among many that experienced cold-water shock along the North Carolina coast in recent weeks. Cushing crew members assisted with the rescue of many of the cold-water shocked turtles last week. “We got word about a week ago that turtles were stranded and they were freezing," said Fireman Anthony C. Williams. "We partnered with the North Carolina Wildlife Resources commission to assist. Just as we protect people, we protect sea life.”

21 Jul 2015

Sterndrive Boost Offshore Fishing Charter Boat

Capt. Rick Croson has been running a successful fishing charter business from North Carolina’s Wrightsville Beach for more than 10 years. When the time came to order a new boat, he made the unusual decision to request a diesel sterndrive power package. He couldn’t be happier with the results – in terms of fuel economy, speed, quiet operation and no exhaust fumes, as well as a clean transom for fishing astern. Croson started his charter business with a 20-ft. Onslow Bay mostly for inshore fishing, and later moved up to a 27-ft. Onslow Bay with twin 225 outboards for offshore work, but he was dissatisfied with the fuel economy and longevity of the outboards to meet the rigors of his busy charter schedule. He typically runs day trips out to the Gulf Stream – 60 miles each way.

17 May 2015

General Dynamics Makes Executive Changes

General Dynamics stated that Larry R. Flynn, president of Gulfstream Aerospace Corp., has informed the corporation of his intention to retire on June 30, for health reasons. Mark L. Burns, president of Product Support for Gulfstream, will succeed Flynn as president of Gulfstream. Phebe N. Novakovic expressed the company's support of Flynn's decision and appreciation for his service. "Larry Flynn has made significant contributions to General Dynamics and Gulfstream during his long career, most recently with the introduction of three new aircraft in 2014. Under his leadership, he has positioned Gulfstream for continued success as a global leader in the business-jet market," Novakovic said. As announced in February, Burns will become president of Gulfstream on July 1, 2015. Also, Joseph T.

24 Mar 2015

Arctic Melt Messing with Gulf Stream

As glacier melt in the Arctic continues to accelerate, the foot of the Atlantic's most powerful ocean current keeps pressing harder and harder on the brake pedal, resulting in the weakest Gulf Stream in the last 1,000 years. The slowing Gulf Stream water currents is threatening shifts in U.S. and European weather, as well as coastal sea levels including in New York and Boston. The cooling above the Northern Atlantic would only slightly reduce the continued warming of the continents. The scientists certainly do not expect a new ice age, thus the imagery of the ten-year-old Hollywood blockbuster ‘The Day After Tomorrow’ is far from reality. However, it is well established that a large, even gradual change in Atlantic Ocean circulation could have major negative effects.

05 Dec 2014

300th Anniversary of Historic Fleet Sinking

Captain Carl Fismer with his Pulse 8X detector and Plythe Gibbons

2015 will mark the 300th anniversary of the sinking of a dozen Spanish ships known as the 1715 Plate Fleet; plata being the Spanish world for silver. On the 30th of July 1715 twelve galleons, overloaded with Mexican gold and silver, left Cuba and sailed north carried by the Gulf Stream. Just off the coast of Florida between present day Sebastian and Fort Pierce they were struck by a ferocious hurricane. Some of the ships sank in deep water, some broke up in shallower water, and others ran aground near shore.

24 Sep 2014

Unpredictable & Dangerous Rogue Waves

Ever since man has taken vessels onto the seas, mariners have reported encounters with monstrous waves that seem to arise out of nowhere from an otherwise average sea state. On his third voyage to the New World in 1498, Christopher Columbus recorded in his logbook that a giant wave lifted up his vessels as they transited the waterway between the Paria Peninsula of Venezuela and the island of Trinidad, a waterway he then named Bocas del Dragón (the Mouths of the Dragon). In 1853…

13 May 2014

Norway Bets on Global Warming in Arctic Oil and Gas Drive

Photo courtesy of WWF

Norway wants to let oil and gas companies drill in Arctic seas that were frozen as recently as the 1980s even though some climate experts say it is too early to trust global warming to keep the ice away. Russia is also showing new interest in the Arctic despite high costs in a region where governments are struggling to set safety rules after BP's 2010 blowout in the Gulf of Mexico, the worst offshore spill in U.S. history. Many companies, including ConocoPhillips and Idemitsu…

23 Jul 2014

General Dynamics Reports 2Q 2014 Earnings

General Dynamics today reported 2014 second-quarter earnings from continuing operations of $646 million, or $1.88 per share on a diluted basis, compared to second-quarter earnings from continuing operations in 2013 of $640 million, or $1.81 per diluted share. Second-quarter 2014 revenues were $7.5 billion. There is a charge in the quarter of $105 million in discontinued operations for the sale of a business within Combat Systems, which results in net earnings for the second quarter of $541 million, or $1.58 fully diluted earnings per share. Company-wide operating margins for the second quarter of 2014 were 12.7 percent, a 40 basis-point improvement when compared to 12.3 percent in second-quarter 2013. Net cash provided by operating activities in the quarter totaled $866 million.

21 Aug 2014

Atlantic Slows Warming, Temperature Rises Seen Resuming from 2030

The Atlantic Ocean has masked global warming this century by soaking up vast amounts of heat from the atmosphere in a shift likely to reverse from around 2030 and spur fast temperature rises, scientists said. The theory is the latest explanation for a slowdown in the pace of warming at the Earth's surface since about 1998 that has puzzled experts because it conflicts with rising greenhouse gas emissions, especially from emerging economies led by China. "We're pointing to the Atlantic as the driver of the hiatus," Ka-Kit Tung, of the University of Washington in Seattle and a co-author of Thursday's study in the journal Science, told Reuters.

03 Sep 2013

Gulf Stream Marine Appoint New CEO

One of the largest privately held stevedore firms in the U.S. Gulf Coast region, announce the appointment of Kevin Bourbonnais as Chief Executive Officer. An experienced senior executive, Bourbonnais was most recently Chief Operating Officer of USA Compression Partners, a market-leading provider of contract compression services to the oil and gas industry. Prior to joining USA Compression Partners, he held various other senior management positions at Exterran, Universal Compression and the Royal Bank of Canada. “I look forward to having the opportunity to guide Gulf Stream through its next phase of growth and building upon the company’s culture of customer service, safety,” said Bourbonnais. About Gulf Stream Marine, Inc.

03 Apr 2014

Walker Wreck Added to Historic Places Register

An 1852 painting of the Robert J. Walker by W.A. K. Martin. Courtesy of The Mariners' Museum

NOAA announced that the wreck of the ship USCS Robert J. Walker, a steamer that served in the U.S. Coast Survey, a predecessor agency of NOAA’s Office of Coast Survey, has been added to the National Register of Historic Places. The Walker served as survey ship, charting the Gulf Coast ‒ including Mobile Bay and the Florida Keys ‒ in the decade before the Civil War. It also conducted early work plotting the movement of the Gulf Stream along the Atlantic Coast. Twenty-one men died when Walker sank in rough seas in the early morning hours of June 21…