Admiral Allen Unveils Marine Safety Performance Plan
U.S. Coast Guard Commandant, Adm. Thad Allen, will unveil the Coast Guard's Marine Safety Performance Plan during a speech to members of 's maritime industry. The…
Mariner Delivers ABS Classed Ocean-Going Tug
Mariner, LLC has just delivered a new 88-ft. fully ABS classed ocean-going tug. This is the second 88-ft. tugboat built for Smith Marine Towing, Similar equipment to the first vessel but the owner decided to increase horsepower with this vessel with Caterpillar 3512’s rated 1500 hp each. Pushing 4 blade Rolls-Royce stainless propellers through Kort nozzles this vessel has a calculated bollard pull of 45 tons. Lights gensets and the Markey double drum winch is powered by a John Deere engine.
DSM Gets Favorable Judgment in Trademark Lawsuit
The United States District Court for the Northern District of Texas concluded a judgment for patent and trademark infringement and related claims against Armor , on April 22, 2008.
BV Fleet Tops 8,000 Ships
Bureau Veritas has topped 8,000 ships in its classed fleet, which now totals over 60m gt. With the delivery of the high speed passenger ferry Superstar from Fincantieri…
Eurofin Brokers Turkish Ship Finance Loan
Holdings. It is the largest ever ship finance loan made to a Turkish shipping company. Chinese yards. The $440m loan includes $100m of performance guarantees connected to the newbuilding programme.
SOCAR Acquires 65 Percent of Stake in Shipbuilding Factory
Within the visit of Prime Minister Han Seung-soo to , Memorandum on creation of Caspian Shipbuilding Factory was signed. State Oil Company of Azerbaijan Republic…
This Day in Naval History - May 22
1882 - Commodore Shufeldt signs commerce treaty opening to trade. 1958 - Naval aircraft F4D-1 Sky Ray sets five world speed-to-climb records, May 22-23. 1967…
Schat-Harding Opens Guangzhou Service Station
Booming demand for lifeboat and davit servicing in China has led leading lifeboat and davit manufacturer Schat-Harding to open a third Chinese service station, this…
Hellespont Announces Management Changes
The Hellespont Group has promoted Spyros Vlassopoulos, formerly managing director of Hellespont Hammonia GmbH & Co to be Director responsible for Chartering and…
Hurlock Resigns from Stolt-Nielsen Board
Stolt-Nielsen S.A. (Oslo Børs: SNI) announced that James B. Hurlock has resigned as a Director of the Company, effective immediately. Jacob Stolt-Nielsen, Chairman of Stolt-Nielsen S.A.
Scrapping Ships: is the EU Dumping Toxic Waste?
Ship breaking in Alang, India. Hundreds of rusting old ships registered in the European Union end up being dismantled on beaches on the Indian sub-continent - with Bangladesh being a key destination.
Deep Down Reports Results
Deep Down, Inc. announced unaudited results for the first quarter ended March 31, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission. Deep Down generated revenue of $6…
Ship Finance to Acquire Drillship
Ship Finance International Limited announced that it has entered into an agreement to acquire the newbuilding ultra-deepwater drillship West Polaris, from a subsidiary of Seadrill Limited.
Stauffer, Learmonth Promoted at ESAB
ESAB Welding & Cutting Products named Greg Stauffer to the position of vice president of Sales Support, effective October 15, 2007. Mr. Stauffer will oversee all sales support, including Inside Sales, Application Engineering, Customer Service, Training, Recruiting and Business Systems for the United States. He will be based in Florence, South Carolina. Stauffer received a bachelor’s degree in education from Morningside College. Mr.
Hapag-Lloyd Improves Service between Asia and Mexico
Hapag-Lloyd will expand the weekly Asia- Mexico Express Service (AME) to two weekly services with slightly different rotations from mid-June. every two weeks). - Yokohama.
GE Security to Submit CommerceGuard for Test and Evaluation by CBP
GE Security, Inc., announced plans to submit its CommerceGuard container security solution for participation in the next phase of U.S. Customs and Border Protection…
Transocean Sets Depth Record
Transocean Inc. said that the its jackup GSF Rig 127 set a world record for the longest extended-reach well ever drilled at 40,320 ft. (12,289 m) MD (measured depth) with a 35,770-ft.
QinetiQ Appoints Mellors CFO
QinetiQ Group announced the appointment of David Mellors as Chief Financial Officer. It is anticipated that David will take up his new role with effect from the end of August 2008 when he will also join the QinetiQ Board as an Executive Director. David, 39, joins from Logica PLC, the IT and business services group where he is the Deputy CFO. Previously he was the CFO of Logica’s International division covering operations in North America…
Eagle Bulk Acquires 2 Ships
Eagle Bulk Shipping Inc. million. delivery. Sophocles N. class. market. and borrowings from our $1.6 billion revolving credit facility. revenues in excess of $1 billion.
KDB to Sell Daewoo Shipbuilding
Korea Development Bank (KDB), which has been looking for a lead manager to replace Goldman Sachs, said it would sell Daewoo Shipbuilding & Marine Engineering on its own, Korea Times reported.
