02 Jan 2009
TOP Ships Terminates Int. Rate Derivative Contract
TOP Ships Inc. (NASDAQ: TOPS) announced that it has entered into a termination agreement in respect of an interest rate derivative contract for a termination payment of $5m.
02 Jan 2009
QuietPower-HPU for Superyachts
ABT-TRAC (Arcturus Marine) has released QuietPower HPU - a new modular hydraulic power unit (HPU) family for the superyacht industry. The QuietPower-HPU was developed specifically for superyachts to provide hydraulic power for stabilizers, thrusters, windlass and other deck functions with significantly less noise than is ordinarily associated with active hydraulics. The QuietPower HPU is manufactured as a module in the ABT-TRAC factory in Rohnert Park, California.
02 Jan 2009
This Day in Naval History – Jan. 2
1969 - Operation Barrier Reef began in Mekong Delta, Vietnam (Source: Navy News Service)
