Washington State Sells Retired Ferries
Four of ’s oldest steel-electric ferry boats are headed to to be scrapped. The four ferries, the Illahee, Klickitat, Nisqually and Quinault, have been in ’s fleet for decades. They were removed from service after corrosion was discovered on the hulls of two of the vessels last November and it was concluded that none of them were worth repairing. (Source-SeattlePI)
Hyundai Bids for Daewoo Shipbuilding
Hyundai Heavy Industries, the world's biggest shipbuilder, has submitted a final bid for local rival Daewoo Shipbuilding & Marine Engineering. Top shareholders of…
New Shipbuilding Subsidy Scheme
Dry Bulk Growth Expected
Record bulk carrier investment translates into fleet growth which is expected to exceed trade growth between 2009 and 2011, according to the report. The impact of…
This Day in Naval History – Oct. 15
(Source: www.navy.mil)
New Submarine Rescue Asset Joins Naval Fleet
The Submarine Rescue Diving and Recompression System's (SRDRS) Rescue Capable System (RCS) replaced the Deep Submergence Rescue Vehicle Mystic (DSRV-1) as the U.S. Navy's deep-submergence submarine rescue asset on Sept. 30. Mystic and the DSRV program began deactivation on Oct. RSRDS is a rapidly deployable rescue asset that can be delivered by air or ground, installed on pre-screened military or commercial vessels of opportunity (VOO) via a ship interface template…
Houston – USCG REC has reopened
EMSA Assists in Spanish Oil Recovery Operations
Due to the heavy weather in the area, the bulk carrier Fedra sustained engine failure, dragged anchor and ran aground off Europa Point, , following which it lodged…
IMO Finalizes Ships Recycling Convention
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) approved the text of the draft ship recycling convention for adoption at a conference in 2009…
Executive Changes in Costa Crociere S.p.A.
Iberocruceros was created in September 2007 as a joint venture between Costa Cruises (which owns 75% of the company) and the leading Spanish tour operator Orizonia Corporación (with a 25% stake). Mr.
New Euronav $500M Credit Facility for FSO Project
The credit facility consists of a USD 180 million term loan to finance the acquisition of TI Asia (2002) and TI Africa (2002) by joint venture companies owned equally…
W&D Raises New Facility After Fire
October 11, 2008, marks three months since a fire destroyed Washburn & Doughty’s building and the yard is pleased to announce that progress on clean-up and construction is moving steadily ahead. The Sheridan Corporation of was awarded the contract to construct Washburn & Doughty’s new facility. has begun to pour concrete for the foundation and steel for the new building has begun to arrive. Phase 1 of the project, which is the 185’ x 80’ , is scheduled for completion at the end of 2008.
DCT Gdansk Celebrates First Year
On October 1, 2008, the Polish deepwater container terminal DCT Gdansk celebrated its first birthday with a large reception party, attended by close to 300 people. Amongst invited guests were representatives of freight forwarders, shipping lines and rail operators working with the terminal, as well as local authorities with the Mayor of Gdansk and the Chairman of the . The ambassadors of and were also in attendance.
Grant for Cleaner Ferry Engines
The DEQ’s grant from the U.S. Environmental Protection Agency (EPA) will help retrofit two of DOTD’s ferry boats – the M/V Acadia, which operates at the Plaquemines crossing, and the M/V St.
