Sigma Tankers Expands Fleet
Heidmar Inc. announced that Mercator Lines Limited of India China Shipping Development and Conti Reederei of Germany will be joining the Sigma Tankers pool and that…
KDB to Pick Bidder for Daewoo
A preferred bidder for Daewoo Shipbuilding & Marine Engineering Co. is likely to be announced later this month, reports indicate. Korea Development Bank and a state…
Expanded Scope of Maritime Contract Jurisdiction
For decades, it has been a basic principle of U.S. admiralty law that contracts for the sale of a vessel are not within the maritime jurisdiction.3 While the principle has been criticized…
SIGGTO Survey Reveals Recruitment Challenge
Recruitment is the LNG sector’s principal challenge according to a survey of Society of International Gas Tanker and Terminal Operators (SIGGTO) members undertaken…
Marinette Challenges Coast Guard Award
Marinette Marine is challenging the U.S. Coast Guard's choice of Bollinger Shipyards to build the Fast Response Cutters. Marinette's protest was filed with the GAO…
Intelsat Appoints McDonnell as CFO
Intelsat, Ltd., announced that Michael McDonnell has been appointed Executive Vice President and Chief Financial Officer, with an expected effective date of November 17, 2008.
Burger Yacht Sales Reports Brisk Activity
Burger Yacht Sales reports reports brisk activity this past summer thanks to their expanding market and extensive experience in both new construction and brokerage sales.
W&O Breaks Ground on New Headquarters
W&O has broken ground on its new corporate headquarters in The building will be the first L.E.E.D. New Construction-certified (Leadership in Energy and Environmental Design) commercial warehouse in . During the morning hours, W&O CEO Jack Guidry climbed aboard a Caterpillar backhoe and with a giant gold scoop, broke ground with the Jacksonville-based W&O employees cheering him on. W&O was also joined by several city officials…
Transocean Provides New Fleet Update Summary
Transocean Inc. issued a new monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated…
Premuda Returns for SPS Overlay
Premuda, has returned for more SPS Overlay steel reinstatement, this time on board one of its Panamax bulk carriers, the 1984-built Four Earth. The 78,000 dwt vessel…
Navy Photo of the Day
Secretary of the Navy (SECNAV) the Honorable Dr. Donald C. Winter, right, and Chief of Naval Operations (CNO) Admiral Gary Roughead depart the United States Supreme Court after giving testimony for the use of sonar in naval training exercises off the coast of . The Supreme Court will decide a dispute between the U.S. Navy and conservationists over sonar use during naval training exercises off the coast of . U.S. Navy photo by Mass Communication Specialist 2nd Class Kevin S. O'Brien
This Day in Naval History - Oct. 09
1873 - Lt. Charles Belknap calls a meeting at the to establish the U.S. Naval Institute for the purpose of disseminating scientific and professional knowledge throughout the Navy.
MISR: Back in Business in Galveston
Malin International Ship Repair & Drydock (MISR) in Galveston reported that in the early hours of September 13, 2008, Hurricane Ike made a direct hit on in as…
Crane Barge Capsizes Near Staten Island
A barge carrying a crane capsized near at approximately 9:30 a.m. on Wednesday, Oct. 8, 2008. The CB Sussex reported that the crane it was transporting fell partially…
Purchase of Shares in Wilh.Wilhelmsen ASA
Deputy CEO in Wilh.Wilhelmsen ASA Sjur Galtung has through his wholly owned company Sjel Invest AS purchased 3000 shares of class A in Wilh.Wilhelmsen ASA at NOK 110 per share.After the transaction, G
Lubrizol Makes Management Changes
The Lubrizol Corporation announced management changes designed to better support the company’s business objectives that include driving organic growth, strengthening…
TEN Repurchases Tanker
Tsakos Energy Navigation Limited (TEN) announced has completed the reacquisition of the 2002-built double hull suezmax tanker from the German K/G financial institution…
This Day in Naval History - Oct. 08
1812 - A boat party under Lt. Jesse D. Elliott captures HMS Detroit and Caledonia in the . 1842 - Commodore Lawrence Kearny of USS Constitution addresses a letter to the Viceroy of China…
Shipbuilding Subsidy May be Revived
The ministry of shipping is considering reviving subsidy on shipbuilding to enable the industry to be globally competitive. Currently, ’s share of global shipbuilding…
NASSCO Starts Construction of Tenth T-AKE Ship
General Dynamics NASSCO began construction of the tenth ship of the U.S. Navy's T-AKE program. The ship will be named later and is scheduled to be delivered to the Navy in the third quarter of 2010.
