Genco Expands Time Charter Coverage to 63%
Genco Shipping & Trading Limited (NYSE:GNK) announced that it has reached an agreement to extend the time charter for the Genco Knight, a 1999-built Panamax vessel, with Swissmarine Services S.A.
DP World & Dubai World Chair on New Land
The Chairman of DP World and Dubai World has become the first person to step on land created at the UK’s newest port and logistics development, London Gateway. Sultan Ahmed bin Sulayem has inspected the first section of reclaimed land as part a visit to see DP World’s newest development get underway. The dredge and reclamation programme is a key element in the $2.3b project at London Gateway. London…
Topaz Second Vessel for $225M BP Contract
Topaz Energy and Marine recently took delivery of the newest addition to its fleet, the Caspian Protector. The vessel will be deployed in Azerbaijan in support of a 10 year $225m BP contract won in 2008. The Caspian Protector is a state-of-the-art 200-ft vessel designed for emergency recovery and response (ERRV), standby duties and fire fighting operations. It is the first vessel in the Caspian region to be equipped with three daughter craft and two fast rescue craft.
IMCA ROV Workshop
Oceanology International 2010, held in London last month, proved to be the ideal place for the International Marine Contractors Association (IMCA) to hold a dedicated…
Eastern Navigation Takes Delivery of Vessels
Eastern Navigation Pte Ltd is taking delivery of two more vessels in 2010 to add to its existing fleet of over 40 tugs, barges, anchor handling tugs and supply vessels. The first vessel, to be delivered in mid May, will be a 330 ft by 100 ft ballast tank barge with a deck strength of 20t/m2, built by a leading Chinese shipyard. The second vessel to be delivered is the 5000 bhp Anchor handling tug ENA Garuda, built in Eastern Navigation’s own yard in Singapore.
Econea Coating Protects Military Vessels
Janssen Preservation and Material Protection announced that an Econea-containing antifoulant coating is being used by the U.S. Navy and the U.S. Coast Guard to protect military seacraft.
This Day in Coast Guard History – April 12
1808- Subsistence for Army officers fixed at 20 cents per ration, later that year applied to all officers of the revenue cutters. 1843- Captain Alexander V. Fraser…
This Day in Naval History – April 12
1962 - U.S. 1981 - First launching of re-useable Space Shuttle Columbia (STS-1) with all Navy crew. CAPT John W. Young, USN (Ret.) commanded, while LCDR Robert L. Crippen, USN was the pilot.
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