Containerships Selects Teesport
Containerships, a shortsea carrier, has chosen North East based Teesport, owned by PD Ports, as its strategic freight hub for Northern Europe. The shipping line…
B&G Supports Volvo Ocean Race
B&G announced its technical support of the world’s premier global sailing race, the 2008-2009 Volvo Ocean Race. Making its halfway stopover in Boston this month, the quadrennial competition known as the Everest of Sailing began October 2008 in Alicante, Spain and covers over 37,000 nautical miles. Supporting each team’s dedicated electronics specialist, B&G technical experts began specifying performance instrument system solutions over a year before the race began.
New Int’l Valve Group Created
Valco Group announced its entrance into the market for industrial valves. The new group, with revenues of about $100m in 2008, currently operates in the oil & gas, marine and energy & industry sectors. Valco Group has been formed from the Norwegian and French valve operations of the former Flowtech division of Technor Group. Valco Group, with its head office in Stavanger (Norway), has five operational units: The factory Westad Industri in Norway…
CHS Agreements with Jeppesen Marine
Jeppesen Marine signed two license agreements with the Canadian Hydrographic Service (CHS) in May. The first is a CHS Value-Added Reseller (VAR) agreement authorizing…
Gray, CFO Cobalt International Energy, L.P.
Cobalt International Energy, L.P. named Rodney Gray as Chief Financial Officer and Executive Vice President, effective June 1, 2009. Prior to joining Cobalt, Gray…
Dryships Reaches Agreement on Debt
DryShips Inc. (NASDAQ:DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that…
Panama Canal, Port Manatee Strategic Alliance
To help spur growth and capitalize on the Panama Canal’s expansion, the Panama Canal Authority (ACP) and Port Manatee embarked on their first-ever strategic alliance.
Aker Solutions Contracts for Petrobras
Aker Solutions has been awarded two contracts for Petrobras' P-55 project in Brazil for the design and supply of an Aker Solutions' Pusnes offshore mooring system(TM)…
Conrad 1Q 2009 Results
Conrad Industries, Inc. announced its first quarter 2009 results and the signing of contracts and sale of barges with a total value of $24m which brings our current…
This Day in Naval History – May 28
1917 - First underway fueling in U.S. Navy, USS Maumee fuels 6 destroyers in North Atlantic. LCDR Chester W. Nimitz served as Maumee's executive officer and chief engineer.
Quantum Wins Cutter Contract
Quantum Marine Engineering won a contract to engineer, design, supply and support the roll stabilization systems for the U.S. Coast Guard's new class of Fast Response Cutters designated as the WPC project. Bollinger Shipyards, Inc. is the prime contractor for this new class of cutters. The contract calls for up to 34 of these new ships to be built and delivered to the USCG over a multi-year contract.
W&D Wins Two Contracts to Fill New Building
Washburn & Doughty signed contracts with Suderman & Young Towing and the Bay-Houston Towing to build each company one Robert Allan LTD designed Z-Tech 7500 Class Terminal/Escort Tug.
The Government Made Me Do It
When I was a child, I spent a good part of my time getting into trouble, as most children do. My favorite excuse was “someone else made me do it.” Unfortunately, my father was not a big fan of that excuse and I cannot recall one incident that was overlooked based on this defense. However, the Supreme Court of the United States has carved out such an excuse for equipment manufacturers that sell equipment or supplies to the United States military.
Oslo Shipping Forum, Nor-Shipping
Tradewinds’ Fifth Oslo Shipping Forum, scheduled for Wednesday, June 10, gathers industry leaders to focus on Norwegian shipping and the new financial landscape.
IMO Safety Committee, Piracy on Agenda
IMO's Maritime Safety Committee (MSC) is meeting at the Organization's London Headquarters for its 86th session from 27 May to 5 June. The packed agenda includes…
Rates, N America to Mediterranean, N Africa
The general rate increase on the North America to Mediterranean and North Africa trade which Maersk Line previously announced for 15 June 2009 will now be effective 1 July 2009.
Burger Boat’s Ingot, World Superyacht Awards
On May 16, 2009 INGOT, a 2008 Burger/Vripack designed 153 ft custom tri-deck motor yacht, was honored with a Judges' Commendation at the 2009 World Superyachts Awards in London’s Guildhall. This commendation specifically recognizes INGOT’s design and construction. (www.burgerboat.com)
Manannan Arrives in the Isle of Man
The Isle of Man Steam Packet Company’s latest Incat fast ferry has arrived in her new home waters after completion of a major refit in the United Kingdom. high speed craft on the Irish Sea with greater cruising speed and increased vehicle and passenger capacity than the vessel she replaces. Onboard facilities have been enhanced to include lounges, various bars and eateries, and pre-bookable executive…
New DP Training Center
Aboa Mare University of Applied Sciences, located in Turku (Finland), has recently received the accreditation of the Nautical Institute as an official Dynamic Positioning (DP) training center. Dynamic positioning is becoming especially important for sophisticated offshore operations and the need for corresponding training facilities is increasing rapidly. The new DP bridge simulator in Turku is based on the Navis NavDP 4000 Trainer Simulator…
SFL 1Q 2009 Results
Ship Finance International Limited announced its preliminary financial results for the quarter ended March 31, 2009. The Board of Directors has declared a quarterly…
