Stolt-Nielsen S.A. Interim Dividend
Stolt-Nielsen S.A. (OsloBørs: SNI) announced that the company's Board of Directors approved the payment of an interim dividend of $0.50 per Common Share on December 9…
ABS Elects Corporate Officers
The ABS Board of Directors has elected two senior executives of the classification society to the position of Corporate Officers. Mark A. McGrath currently serving in the appointed role of President and Chief Operating Officer of the ABS Pacific Division and Kenneth L. Richardson who serves as Vice President of Energy Project Development now join the society’s executive management team. Both are ABS veterans.
ABS Named Best Regional Class Society
ABS was named Best Classification Society during the recent Lloyd’s List Middle East & Indian Subcontinent Awards held in Dubai. The award ceremony is one of six regional events hosted by the industry’s daily newspaper to benchmark excellence within the maritime industry. A panel of judges from a broad spectrum of industry selected ABS as the winner in the Classification Society category. The society…
Central GOM Lease Sale
Secretary of the Interior Ken Salazar announced the Department will hold an oil and natural gas lease sale for the Central Gulf of Mexico Outer Continental Shelf…
Conrad Industries Q3 2009 Results
Conrad Industries, Inc. (Pink Sheets: CNRD) announced its third quarter and nine months 2009 results. For the quarter ended September 30, 2009, Conrad had net income…
Guilty Plea, Bribing Officials for Contract
Charles Paul Edward Jumet of Fluvanna County, Va., pleaded guilty on Nov. 13 in connection with his role in a conspiracy to pay bribes to Panamanian government officials to secure a maritime contract…
APR Labs Greener Method of Propulsion
In 2006, Aries Propulsion Research Labs (APR Labs) introduced a new method of propulsion technology labeled Omni-Directional Propulsion (ODP). The method was created by designer Chris B. Hewatt and was first published on the United States Patent and Trade Organization (USPTO) Web site as publication 20060230847. APR Labs says that this unique design has been gaining attention in the transportation industry…
New Navy Contracts
Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded a $6,000,000 modification to previously awarded contract (N00024-08-C-2100) for the accomplishment…
ASL Marine Gowing Strong
If there is a slowing in the marine industries no one told the people at ASL Marine in Singapore. Among other projects the shipyard is building a series of Roto Tugs, a series of large PSVs and a 196.8-ft dive support vessel. In November ASL was nearing completion of another in their series of diesel-electric emergency vessels for the Danish firm Esvagt. These red boats are equipped with five Cummins KTA19D powered 485 kW generators. This series of vessels carry C-names.
U.S. Shipping Partners Exits Chapter 11
U.S. Shipping Corp, formerly known as U.S. Shipping Partners L.P., announced it has emerged from Chapter 11 bankruptcy protection pursuant to the Third Plan of Reorganization approved by the U.S.
This Day in Coast Guard History – Nov. 16
1950-A dedication of the monument erected in Arlington National Cemetery on the gravesite of those who lost their lives on the night of 29 January 1945, when USS Serpens was destroyed off Lunga Beach…
This Day in Naval History – Nov. 16
1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies. 1856 - Barrier…
Norwegian Warship Searches for Pirates
On the morning of 12 November, east in the Gulf of Aden, two merchant vessels were attacked by pirates. There are no reports of casualties. The first attack was on MV Full Strong…
Innovation Award for Primar Distributor
Netherlands based Datema and its ENCTrack service has been awarded the 2009 maritime innovation award for its innovative approach to the distribution and management of electronic navigational chart services. It helped to define the overall project deliverables for ENCTrack, agreeing and examining the basic reporting requirements and criteria for this type of ENC licensing and reporting. “We had three goals,” explained Peter Scott, PRIMAR’s senior technical advisor on the project.
Hijacked Ship in the Indian Ocean
Early this morning on 11 November a Greek owned (Marshall Island flagged) vessel named the MV Filitsa was hijacked in the south Somali Basin, 400 nautical miles North East of the Seychelles.
TOP Ships Q3 Financial Results
TOP Ships Inc. (NasdaqGS:TOPS) announced its operating results for the third quarter and nine months ended September 30, 2009. For the third quarter of 2009, the company reported net income of $329…
Moffatt & Nichol Contract for Bulgarian Ports
Moffatt & Nichol announced that it has recently signed a contract with the Bulgarian Ports and Infrastructure Company for detailed design of two new container terminals…
Navy Contracts for Hampton Roads Shipyards
According to a Nov. 10 report from the Daily Press, Newport News-based Davis Boat Works Inc., Portsmouth-based Associated Naval Architects, Norfolk's Lyon Shipyard and Tecnico Corp.
Colombia: CTQI Standard for Port of Cartagena
Two terminals in the Port of Cartagena have been certified by Germanischer Lloyd (GL) according to the Container Terminal Quality Indicator (CTQI) standard. Both…
Opening of SMM Int’l Trade Fair, India
The world has come to recognize the potential of the Indian shipping industry, its capability to innovate and grow on the global stage, said APVN Sarma, former Secretary…
