Navy to Commission First LCS
The Navy's first littoral combat ship (LCS) Freedom will be commissioned Saturday, Nov. 8, 2008, during a 10 a.m. EST ceremony at Veterans Park, Milwaukee, Wis. Secretary of the Navy Donald Winter will deliver the ceremony's principal address. Birgit Smith, the ship's sponsor, is the widow of Army Sgt. 1st Class Paul Ray Smith, who was killed in action during Operation Iraqi Freedom and was posthumously awarded the Medal of Honor.
TEN - 3YR Charter Ext. -Delphi Tanker
Tsakos Energy Navigation Limited (NYSE:TNP) announced a three-year time-charter extension for its 2004-built double hull 37,500dwt product tanker Delphi to the same…
TEN - 3YR Charter Ext. -Delphi Tanker
Tsakos Energy Navigation Limited (NYSE:TNP) announced a three-year time-charter extension for its 2004-built double hull 37,500dwt product tanker Delphi to the same…
New Antennas from Sea Tel
Sea Tel has released the first USAT (Ultra Small Aperture Terminal) antenna. Sea Tel announced a smaller, lighter 60 cm antenna system, the first 60 cm marine antenna to meet FCC’s and ETSI’s specification allowing multi mode use with Spread Spectrum, TDMA and SCPC services. The USAT 24 is aimed at Coastal trading vessels and inland craft. Services are currently being Beta trialed with a number of modem providers including Hughes…
STX Europe Refinances Credit Facility
STX Europe has refinanced its revolving credit facility. The new facility is a 3 year financing of $86.8m, provided by Nordea. Woori Bank of Korea, is participating with 50 percent.
Evergreen Suspends Tango Service
Based on the worldwide economic downturn and the need to focus resources in other trades, Evergreen Line has announced its withdrawal from the Tango service linking…
Exmar, Excelerate Alliance for FLSO Solution
Exmar announced the formation of an alliance to advance its efforts in the development of floating liquefaction solutions. Exmar has formalized a relationship with its long-time LNG partner…
TSA – TWIC update
The Transportation Security Administration (TSA) issued an update to its status report on the implementation of the Transportation Worker Identification Credential (TWIC) program.
New York – No Discharge Zones
The Environmental Protection Agency (EPA) issued a notice stating that it has determined that adequate facilities for the safe and sanitary removal and treatment…
NAVSAC – Meeting
The Navigation Safety Advisory Committee (NAVSAC), sponsored by the US Coast Guard, will meet in Washington, DC on December 10-11. Topics on the agenda include e-navigation requirements…
New Simulation Capability - MAMA
Mid-Atlantic Maritime Academy in Virginia Beach, VA announced the installation of a Transas ERS4000 Engine Room Simulator. The simulator provides is a complete training…
New Time Charters for ONAV
Omega Navigation Enterprises, Inc. (NASDAQ:ONAV, SGX:ONAV50), a provider of global marine transportation services focusing on product tankers, announced that an…
ACL 3Q Results
American Commercial Lines Inc. (Nasdaq: ACLI) ("ACL" or the "Company") announced results for the three and nine months ended September 30, 2008. Revenues for the quarter were $313.7 million…
JSAT Mobile Venture for Japanese Market
Stratos Global Corporation (Stratos) announced that Furono Electric Co., Ltd. (Furuno) and Japan Radio Co., Ltd. (JRC) and have become shareholders in JSAT Mobil Communications Inc. (JSAT Mobile).
Odfjell – Sale & Leaseback of Ship
On Nov. 6, Odfjell sold MT Bow Sky with a net gain of $32m. Odfjell has been working on ways of strengthening their equity since the Norwegian retroactive tax was imposed last year.
Hornbeck 3Q Results
• Hornbeck Offshore Services, Inc. (NYSE: HOS) announced results for the third quarter ended September 30, 2008. Third quarter 2008 revenues increased 15.2% to…
This Day in Naval History – Nov. 7
1861 - Naval forces under Rear Admiral Samuel F. DuPont capture Port Royal Sound, SC. 1881 - Naval Advisory Board submits report recommending the new ships in U.S.
OMSA - Jones Act Compliance Manager
The national trade association that is the voice for the U.S. flag workboat industry has taken the unusual step of hiring an experienced investigator to collect…
USS Freedom In Milwaukee
Nov. 4, 2008, The USS Freedom (LCS 1) berths in Milwaukee harbor preparing for her commissioning on Nov. 8. The USS Freedom (LCS 1) is the first of two littoral combat ships being produced for the Navy. Freedom is an innovative combatant designed to operate quickly in shallow water environments to counter challenging threats in coastal regions, specifically mines, submarines and fast surface craft. U.S. Navy photo by John Sheppard.
New Navy Contracts
Hawaiian Dredging Construction Co., Inc., Honolulu, Hawaii, is being awarded $7,385,000 for firm-fixed-price task order #0009 under a previously awarded multiple…
