Maritime Industry Top News
This Day in U.S. Coast Guard History – Dec. 22
1904-Near Oak Island and Fire Island, New York the American schooner Frank W. McCullough ran aground on Fire Island Bar, 2 miles from the former station and 4 from the latter, at about 9 am.
This Day in U.S. Naval History – Dec. 22
1826 - Captain Thomas ap Catesby Jones of USS Peacock and King Kamehameha negotiate first treaty between Hawaii and a foreign power. 1910 - LT Theodore G. Ellyson…
LCS Purchase Approved by Congress
According to a report from www.al.com, Congress approved a Navy plan on Dec. 21 to award a nearly $5b shipbuilding contract to Austal USA, doubling the size of the…
GE: Phase 2 of Hudson River Dredging Project
GE announced today that it has advised the U.S. Environmental Protection Agency (EPA) that it will perform the second and final phase of the Hudson River dredging project.
2010 and the Rise of Sinopacific Shipbuilding Group
It might be hard to judge now if the global shipbuilding industry is recovering, but an encouraging story is certainly taking place in China in 2010. According to Clarkson Research Services, China overtakes Korea as the world's top shipbuilder in the first half of 2010 and kept ahead in terms of three major industry indicators, including new orders, order backlogs and delivery. As China’s leading private shipbuilding company…
NSRP Strategic Plan Update
Reflecting current industry and Navy priorities, the National Shipbuilding Research Program showcases a new streamlined program structure in the 2010 version of the Strategic Investment Plan.
Wrong Directions: A Recipe for Failure
This U.S. Coast Guard safety alert addresses critical concerns uncovered during an ongoing marine casualty investigation and should be of vital interest to Ship Builders…
Shipping Confidence Dips Again
Overall confidence levels in the shipping industry dropped for the second successive quarter, although they are still up on the corresponding period last year, according…
DryShips Closes Offering of Shares, Ocean Rig UDW
DryShips Inc. (NASDAQ:DRYS), a global provider of marine transportation services for drybulk cargoes and offshore contract drilling oil services, announced today…
Port Canaveral $42M Financing for Facilities Expansion
The Canaveral Port Authority closed on a $42m loan from PNC Financial Services Group to accelerate the development of a new cruise terminal and cargo facilities.
Vesper Marine FCC Approval for AIS Transponder
Vesper Marine, a manufacturer of marine safety products, has received FCC Approval for its next-generation, all-in-one, dedicated, collision avoidance display, the…
Croatia Approves Plans for Floating LNG Terminal
Croatia approved plans to install a floating liquefied natural gas terminal served by vessels to bridge the waiting time for a delayed LNG terminal project in the northern Adriatic.
Aberdeen Offshore Doctor Dies
According to a Dec. 21 report from the Evening Express an Aberdeen doctor who developed training for the offshore industry has died. Dr. John Brebner, 58, made a…
Samsung Sets Sights on Macedonian Wind Farm
According to a report from The Guardian, South Korean industrial giants target booming East European renewables market. Samsung Heavy Industries (SHI), South Korea's third largest shipbuilder…
Shipbuilding Whitepaper: How Industry Can Beat Recession
AVEVA (LSE:AVV), provider of engineering design and information management solutions for the plant, power and marine industries, announced the release of AVEVA Integrated Shipbuilding, the latest in its series of industry whitepapers. This whitepaper explores how shipyards can optimize the design, procurement and production process through improved information management, shortening schedules, increasing productivity and driving down costs.
Trans-European Optimization of CO2 Transport Network
The recently published JRC report on "The evolution of the extent and the investment requirements of a trans-European CO2 transport network" describes the potential evolution of the CO2 transmission infrastructure at the European scale until 2050 in terms of physical size and capital cost requirements. Carbon capture and storage (CCS) is considered as one of the most promising technological options for reducing CO2 emissions from power plants…
This Day in U.S. Coast Guard History – December 22
1819-The Revenue cutter Dallas seized a vessel laden with lumber that had been unlawfully cut from public land in one of the first recorded instances of a revenue…
This Day in U.S. Naval History – December 22
1775 - Congress commissions first naval officers: Esek Hopkins, Commander in Chief of the Fleet, Captains Dudley Saltonstall, Abraham Whipple, Nicolas Biddle, and John Hopkins.
STX Finland, Viking Line Sign $315m Deal
STX Finland Oy and Viking Line ABP signed an agreement for the construction of an environmentally friendly, new generation cruise ferry for Viking Line. The agreement…
Transpetro Invests $239m in Barges & Towboats
Transpetro and Estaleiro Rio Tietê signed in late November, in Ribeirão Preto (SP), an agreement for the construction of 80 barges and 20 tugboats, which will make…