Smit Orders 11 Damen Tugs
From left to right: Mr B. Vree of Smit, Mr E. van der Noordaa of Damen, Mr. B. de Feyter of Smit and Mr. Smit and Damen recently signed contracts for a total of…
SeaDragon II to Get Corrosion Protection System
The second semi-submersible rig to be built for SeaDragon Offshore will have a hull corrosion protection system designed and supplied by Cathelco Jotun. The SeaDragon…
GE Marine Turbine to Power Turkish Navy Corvette
GE Marine will supply MTU Friedrichshafen GmbH, Friedrichshafen, Germany, with one LM2500 gas turbine. MTU will incorporate the LM2500 into a COmbined Diesel And…
Spirit of Nantucket Cruise Ship Re-Floated
The 207-foot cruise ship Spirit of Nantucket which went aground in the Intracoastal Waterway (ICW) in Virginia Beach, Va., has been re-floated and is being escorted…
MARAD Seeks Input on Foreign Reconstructions
The Maritime Administration (MARAD) is seeking comments on what standards it should apply when making determinations of foreign reconstruction of US-built vessels…
Trailer Bridge Reports 3Q Financial Results
Trailer Bridge, Inc. expenses/revenue) of 90.2% and net income of $0.4m, or $0.03 per share. estimated to have incrementally reduced net income by $0.9m during the third quarter…
Organizational Changes at Shell
and Production Africa Limited (SEPA) and Shell Nigeria Exploration and Production Company Limited (SNEPCO) (together hereinafter referred to as "Shell") announced…
Excel Maritime Reports 3Q Results
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes…
Lawmakers Consider Tougher Safety Rules for Ships
Bay Area members of Congress suggested that tougher safeguards might be needed on cargo ships to prevent accidents like the recent Cosco Busan spill that resulted in 58…
VT Closes in on Military Contracts
VT Group is closing in on two significant military service contracts and hopes to become preferred bidder on a waste management private finance bid in Wakefield…
Brazil’s Offshore Oil Reserves Larger Than Expected
Brazil's oil giant Petrobras announced that its recent offshore oil discovery in Brazil contains between 5-8 billion barrels of recoverable oil. Petrobras made the…
Court Strikes New Balance for Navy, Whales
The U.S. Navy can go ahead with training exercises this month using sonar off the California coast but should afterward implement new guidelines to protect whales, a U.S.
U.S. Warships Visit North Vietnam
Two U.S. Navy vessels on became the first American warships to visit northern Vietnam in peacetime, entering Haiphong port which U.S. forces mined and bombed in the Vietnam War 40 years ago…
Trailer Bridge to be Awarded U.S. Patent
Trailer Bridge, Inc. (NASDAQ: TRBR) announced that it has been notified by the United States Patent and Trademark Office (USPTO) that the Company has received a…
Stealthgas Reports 3Q Results
STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its…
Navy Awards Northrop Grumman $90M Contract
The U.S. Navy Friday awarded Northrop Grumman Corporation (NYSE:NOC) a $90 million contract modification for transition to production activities leading to the construction…
This Day in Navy History
Nov. 14: 1846 - Naval forces capture Tampico, Mexico. 1910 - Civilian Eugene Ely pilots first aircraft to take off from a ship, USS Birmingham (CL 2) at Hampton Roads, Va.
ADT Funded Courses Still Available
This two week course is designed for E5 and above, or E4 personnel who have taken the Store keeper basic course. The course will assist Storekeepers in regaining…
Climax Portable Machine Tools Announces New Hires
Climax Portable Machine Tools, Inc. a global leader in comprehensive, on-site machining solutions for the power generation, shipbuilding, industrial and engineering sectors…
Omega Navigation Enterprises Reports 3Q Results
Omega Navigation Enterprises, Inc. (NASDAQ:ONAV, SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced its financial…
