Derecktor Shipyards Conn., LLC Announces Chapter 11 Filing
On July 18, 2008, Derecktor Shipyards Conn., LLC announced that the company filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code.
Marie named “Honorary Frogman”
At 10:00 AM on July 19, 2008, Zodiac of North America, Inc. President and CEO, J.J. Marie, became the newest SEAL in the United States Navy. Rear Admiral Garry J. Bonelli, Commander, Naval Special Warfare Command, presented Marie the certificate during the East Coast SEAL Reunion Breakfast/Business Meeting at the Naval Amphibious Base, Little Creek. Only 175 people have been named "Honorary SEALs" in nearly 50 years.
Navy Cancels DDG-1000 Destroyer Program
The Secretary of the Navy informed members of the Senate and House of its plans to cancel the $29b DDG-1000 program after completion of the first two ships, one of which is scheduled to be completed at Bath Iron Works. Assembly work on the guided-missile destroyers was to have been divided between the 124-year-old shipyard, owned by General Dynamics Corp., and a yard in . Cancellation of the 14,000-ton…
This Day in Naval History - July 25
1863 - U.S. 1866 - Rank of Admiral created. David G. 1898 - Landing party from armed yacht occupies Guanica, . 1912 - First specifications for naval aircraft published.
Cosco Busan Management Company Charged
A federal grand jury in returned a second superseding indictment charging Fleet Management Limited, a ship management company, with negligently causing the discharge of 50…
ACL Announces Earnings Release Date
American Commercial Lines Inc. (ACL) will conduct a live webcast and conference call to review and discuss its second quarter 2008 financial results on Wednesday, July 30 at 10:00 a.m. Eastern time.
NASSCO Begins Construction of Third Product Carrier Ship
General Dynamics NASSCO began construction of the third ship in its series of nine product carriers. The shipyard is scheduled to lay the ship’s keel in November and deliver the ship to U.S.
New Ship Class Begins Logistics Operations in 7th Fleet
Military Sealift Command dry cargo/ammunition ship USNS Richard E. Byrd entered the waters of the U.S. Navy’s 7th Fleet, marking the first Lewis and Clark-class…
CMB Reports Q2 Results
Belgian shipping group CMB reported a 144 percent rise in second-quarter net profit, and said prospects for the rest of the year were healthy. The dry bulk specialist…
Excel Maritime Reports Grounding and Re-floating
Excel Maritime Carriers reported that the vessel M/V Angela Star, has run aground while entering the of , . At the time of the grounding, the vessel was under towage and had two pilots on board.
Australian Navy Sinks USN Warship
The Royal Australian Navy submarine HMAS Waller was the first submarine to successfully fire a new heavyweight torpedo. The firing occurred during the Rim of the…
Coast Guard Continues Monitoring Cleanup on Mississippi River
The Coast Guard has extended the closure of the Mississippi River from mile marker 97, one mile north of the , , , to the , which expands an area of nearly 100 miles.
ACB Wins $12.8m Navy Deal
Aluminum Chambered Boats, Inc., Bellingham Wash., is being awarded a $12,824,070 firm-fixed-priced order no. M67854-08-F-5038 under GSA contract no. GS-07-F-0133M for 42 bridge erection boats…