General Maritime 4Q and 2008 Results
On Feb. 25, General Maritime Corporation (NYSE:GMR) reported its financial results for the three months and full year ended December 31, 2008. Excluding the $3.2m…
Aegean Takes Delivery of Tanker Newbuilding
Aegean Marine Petroleum Network Inc. (NYSE:ANW) on March 3 announced that it has taken delivery of the Kalymnos, a 6,272 dwt double-hull bunkering tanker newbuild…
SeaSoar Towed Vehicle for UTM in Spain
Chelsea Technologies Group has recently sold a SeaSoar Towed Undulating System to the UTM CSIC in Spain. UTM required a towed vehicle with capability of undulating down to depths of 500 metres. The SeaSoar was chosen for this reasons, as well as for its ability to provide a flexible payload allowing UTM to mount a range of instrumentation. The SeaSoar was fitted with a Seabird Electronics SBE 911 CTD, with dual C and T sensors fitted each side of the SeaSoar.
Dryships Updates on Sales & Purchases
DryShips Inc. DryShips previously entered into an agreement to sell the M/V Paragon, a 1995 built 71,259 dwt Panamax drybulk carrier, for a sale price of approximately…
SPS Overlay Reduces Impacts Offshore
SPS Overlay has recently been used to reinstate the starboard box girder walkway on the Northern Producer. This Aker H-3 Semi Submersible type Floating Production…
Largest Ferry in the English Channel
The production of the first of the two huge ferries ordered by P& O Ferries started on the 3rd of March 2009 by cutting its first steel plate on STX Europe’s yard in Rauma, Finland. The roro-passenger ferries to carry freight and cars are scheduled for delivery in 2010 and 2011 for entering into Dover-Calais service. Becoming the largest ferry in the English Channel means a 49,000 GT vessel with the length of 689 ft and having 2,700 lane metres of vehicle space.
New StarFish Scanline Software
StarFish, a side scan sonar which produces images of the seabed, now has improved capabilities. Tritech is offering a free upgrade of the StarFish Scanline V2.0 Software. • New log file format - Allows storage of sensor and environmental parameters. Log files created using Scanline V1.1 will be converted to the new format when they are opened. • Redesign of the user interface - Utilises the Microsoft Office style ribbon interface.
Bids Submitted to Build New Panama Canal Locks
On track and on time, the Panama Canal Authority (ACP) continues to press ahead with the start of the bid process for the most important project under its Expansion…
Unions Against Mexican Shipments
Unions representing workers around the globe in the mining and maritime industries announced that they will protest shipment of goods to and from Mexico to pressure…
Trinity Industries, Quarterly Dividend
Trinity Industries, Inc. (NYSE: TRN) on March 3, declared a quarterly dividend of 8 cents per share on its $1.00 par value common stock. The quarterly cash dividend…
McNeill, Marketing & Sales, WMG Shipyards
Spiro Risvas, Senior Vice President, WMG Shipyards announced the appointment of John McNeill to the position of Manager, Marketing and Sales, WMG Shipyards. McNeill’s former role of Vancouver Shipyard’s Manager, Commercial Accounts has been restructured into this new position, to allow him to identify opportunities and apply his talents across all three WMG shipyard operations. John will now provide sales and marketing expertise to all three WMG Shipyards (Vancouver Drydock…
MARAD, Public Port Development Expenditure
The Maritime Administration has released its new U.S. Public Port Development Expenditure Report (FYs 2006/2007-2011) (February 2009). This report is the only one…
This Day in Naval History – March 4
1911 - Appropriation of first funds for experiments in naval aviation. 1925 - Congress authorizes restoration of USS Constitution. 1947 - Operation Highjump, air operations in Antarctica, ends.