Maritime Industry Top News
Tsakos Reports Profits Q2 2009
Tsakos Energy Navigation Limited (NYSE: TNP) reported results (unaudited) for the second quarter and first half of 2009. Revenues, net of voyage expenses and commissions…
New Berlin, Hamburg Water Transport Routes
On Monday, 03 August 2009, the first containers that were brought from Berlin to the Port of Hamburg via the new Elbe-Spree inland waterway were unloaded. The line operated by the Berlin Hafen- und Lagerhaus AG in cooperation with Konrad Zippel Spediteur GmbH from Hamburg will now be used for transports from City-GVZ Berlin Westhafen to the Hamburg container terminals and vice versa every week. containers). It will replace approx. 50 truck runs per week.
July Uptick in Great Lakes Ore Trade
Even though iron ore shipments on the Great Lakes in July were 53 percent below a year ago, the trade did show some signs of life. Loadings totaled 3.5 million net tons…
Panama Canal, Port Everglades Alliance
The Panama Canal Authority (ACP) signed a Memorandum of Understanding (MOU) with Port Everglades yesterday. ACP Administrator/CEO Alberto Alemán Zubieta and Port Everglades Director Phillip C. Allen signed the MOU during a ceremony held in Panama, agreeing to encourage new business and trade between both organizations. By signing the MOU, the ACP and Port Everglades agree to exchange information about their latest modernization efforts.
Strategic Locates In North America
The Henderson Australia-based boat builder Strategic Marine has operated a boat building facility in Singapore for a number of years. In May and June they launched a pair of the 131.2-ft crew boats there. In February this year they held the official opened a new yard in Vung Tau City Vietnam. At the same time their new yard, a joint venture with Servicies Industriales Navales, in Mazatlan Mexico has a pair of 170.6 X 32.8-ft crew boats under construction for a 2009/10 delivery.
Stolt Tankers Chooses Stratos
Stratos Global Corporation announced it has been selected by Stolt Tankers B.V. to provide a fleetwide, high-speed satellite-based communications network. Stolt…
Viking Receives 2,600 bhp MTU Series 2000
Viking Yacht Company is the first in North America to take delivery of MTU 16V 2000 M94 engines. The first of the 16V configurations, which has a standard setting 2,600 bhp at 2,450 rpm, has been delivered to Viking Yacht Company for installation in a new 82-ft Sportfishing vessel. MTU distributor Johnson and Towers delivered a pair of the engines to Viking’s New Gretna, N.J. facility, where the vessel is being built.
General Dynamics Board Declares Dividend
The board of directors of General Dynamics (NYSE:GD) declared a regular quarterly dividend of 38 cents per share on the company's common stock, payable November 13…
Raytheon Supports Naval Oceanographic Office
Raytheon Company (NYSE:RTN) has been awarded a task order to develop and support recertification of curricula through the Naval Education and Training Professional Development and Technology Center.
New Navy Contract
General Dynamics, Electric Boat Corp., Groton, Conn., is being awarded a $65,200,000 cost-plus-fixed-fee contract for installation of a hull patch, bridge access trunk…
Container Lines Achieve Record Score
Container lines achieved a record high on-time service reliability performance, according to Drewry Container Shipper Insight’s latest quarterly schedule monitoring survey, just published.
82nd Vessel Departs James River Reserve Fleet
The Resolute is scheduled to depart the James River Reserve Fleet Thursday, August 6, 2009 at 10:00 a.m. in transit to Esco Marine, Inc., in Brownsville, Texas for recycling.
This Day in Naval History – August 6
1862 - CSS Arkansas destroyed by her commanding officer to prevent capture by USS Essex. 1943 - Battle of Vella Gulf begins. US destroyers sink 3 of 4 Japanese destroyers.
SNAME Annual Meeting & Expo
The world’s foremost gathering of professionals in naval architecture, marine engineering and marine sciences will take place October 21-23 at the Rhode Island Convention Center in Providence…
S.S. Calcio Napoli On Board Costa Concordia
S.S. Calcio Napoli (Naples soccer club) kicked off its 2009/2010 campaign in Italy’s top flight Serie A by presenting the team at a special event arranged yesterday (August 3) on board the Costa Concordia, the flagship of the fleet operated by Costa Cruises. The stars of the occasion, the full Naples squad including all the new signings, descended on the Stazione Marittima in helicopters and powerboats.
TradeFBIUSA Launched
TradeFBIUSA, a company that transforms shipping data into actionable intelligence, announced its recent launch. With TradeFBIUSA, companies can control the power…
Keppel, FSO Conversion for M3nergy
Keppel Shipyard Ltd will be completing the conversion of the Floating, Storage and Offloading (FSO) vessel, Ratu Songkhla, for M3nergy JDA Sdn Bhd. Speaking at its naming ceremony, Mr Tong Chong Heong, CEO of Keppel Offshore & Marine, Keppel Shipyard’s parent company said, “The excellent team work between M3nergy and Keppel Shipyard has enabled us to deliver FSO Ratu Songkhla within six months, and without any lost-time incidents.
Q2 Trade Data Signals Long-Term Change
Growing consumer demand within China coupled with a worldwide decline in the West’s ability to consume Chinese-made goods, may herald long-term changes in the pattern of world trade.
Seattle/Bremerton Ferry Service Makes Repairs
WSDOT Ferries Division (WSF) reduced Seattle/Bremerton ferry service to one 124-auto ferry August 3 beginning with the 5:30 p.m. sailing from Seattle to Bremerton.
Last GPA 670 MKIII PSV by Sinopacific
On July 13 another offshore vessel series, designed by Naval Architect and Marine Engineering Firm Guido Perla & Associates, Inc. (GPA) was completed at Zhejiang…