Supreme Court Ruling Against Closing Chicago Locks
The American Waterways Operators (AWO), the national trade association for the tugboat, towboat and barge industry, hailed the U.S. Supreme Court’s decision announced…
Signs of Shipping Sector Recovery
According to an April 27 report from The Business Times, there has been a slew of upgrades on the offshore and marine, and shipping sector on account of early signs of a pick-up in new-builds.
Hyundai Steel's Q1 Net Rises Nearly Five-Fold
According to an Apr 27 report from TradingMarkets.com, Hyundai Steel Co. (KSE;004020), South Korea's No. 2 steelmaker, said its net profit rose nearly five-fold…
Marine Exhaust Systems Wins Patent Lawsuit
On April 21, the United States District Court for the Southern District of Florida found that DeAngelo Marine Exhaust willfully infringed on two of Marine Exhaust Systems, Inc.'s U.S. patents and that these patents are valid and enforceable. The court also awarded Marine Exhaust $92,804 in damages and agreed to consider additional losses, as well as possibly tripling the final amount. In response,…
Paragon Shipping Contracts for Drybulk Vessels
Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced that it has entered into shipbuilding contracts…
Scorpio Tankers to Purchase Handymax Tankers
Scorpio Tankers Inc. (NYSE: STNG) announced that it entered into agreements to purchase four double hulled Handymax tankers for an aggregate purchase price of $99m.
Holland America Worth $481M to State Economy
Holland America Line contributed $357m to the Seattle economy and $481m to Washington state, mostly stemming from the cruise line's Seattle to Alaska itineraries.
The BRAtt: Burchett Robert Allan Training Tug
The BRAtt project evolved from Ron Burchett’s training programs for tug operators using radio-remote controlled scale models. Why not build a model that is large enough for the operator and instructor to ride on and learn in the same space frame of reference as the boat? The BRAtt is a 25.6 ft by 11.8 ft aluminum-hulled training tug designed by Robert Allan Ltd, with the designer’s distinctive double-chine hull form.
New Address for CEPSA Marine Fuels
CEPSA Marine Fuels’s new office has been moved to a new CEPSA building in the area. The new remains close to Madrid’s airport (Barajas) and is within the same business park (Campo de las Naciones).
Northrop Grumman Moves to Virginia
Northrop Grumman Corporation (NYSE: NOC), announced that it will locate its new corporate office in Virginia, concluding a search that also included the state of Maryland and the District of Columbia.
Kobelco Polyglycol Lubricant Receives Patent
Kobelco Eagle Marine Engineering Ltd. (KEMEL) announced that its polyglycol-based stern tube and CPP/thruster gear lubricants ST-77 and TH-100 have recently received a U.S. Patent. Introduced to the marine market in 2005, there are now about 70 vessels taking advantage of this lubricant. www.kobelco-eagle.com
This Day in Coast Guard History – April 28
1908- Secretary of Commerce and Labor was authorized to patrol regattas and transfer that authority to another Department if need be. Thus the Revenue Cutter Service…
This Day in Naval History – April 28
1962 - Naval forces capture Forts Jackson and St. 1944 - U.S. 1993 - SECDEF memo orders Armed Forces to train and assign women on combat aircraft and most combat ships…
