Noble Buys Frontier, Deals With Shell
According to a June 28 report from Forbes, Noble is purchasing FDR Holdings, taking advantage of the oil and gas exploration and production industry's cheap valuationsā¦
Ship Equipās 1000th Order for SEVSAT
Ship Equip announced the 1000th order for its SEVSAT system. The SEVSAT solution (which stands for Ship Equip VSAT) provides reliable and cost-effective satelliteā¦
Gladding-Hearn Receives Industry Safety Award
Gladding-Hearn Shipbuilding, Duclos Corporation, was a recent recipient of the Improvement In Safety award for 2009 from the Shipbuilders Council of America (SCA). To qualify for the award, the Somerset, Mass., shipyard submitted four quarters of SCA-required employee health and safety data, documenting a required minimum 10% reduction in Total Recordable Incident Rate (TRIR) throughout 2009. Gladding-Hearnās TRIR declined almost 37% from the previous year.
Headhunter, 8 New Approvals for Sewage Treatment
Headhunter, specialists in plumbing and sanitation for the luxury yacht and commercial marine industries, has received eight certificates of approval for new modelsā¦
Bourbon 2015 Leadership Strategy
The Bourbon 2015 Leadership Strategy consists of further investing in innovative and cost effective vessels to satisfy customersā increasing focus on safe and efficientā¦
New Business to Focus on Offshore Wind
A new business, O-Power (OP), will develop new technology in offshore engineering and hopes to make a significant contribution to the rapidly growing offshore wind market.
What You & Your CFO Should Know
Richard J. Paine, Sr. is the President of Marine-Finance.Com, a maritime consulting firm specializing in the financing and leasing of commercial marine vessels and other equipment. He can be reached at [email protected] or 516-431-9285. That glimmer on the horizon that you see is the first indication of a return to some normalcy in the marine lending marketplace. But donāt confuse it with a full-fledged sunrise, it is far from that. It is merely a tease, a harbinger of things to come.
Bourbon $545M Deal for 16 Supramax Carriers
Bourbon announced that its subsidiary Setaf SA has signed a $545m sale agreement for 16 bulk carriers with U.S. group Genco Shipping and Trading Ltd. The closing is expected by end of July 2010.
Fifth USS Arizona Memorial Ferry Boat for Navy
The Navy officially accepted delivery of the fifth USS Arizona Memorial passenger ferry boat from Modutech Marine Inc. of Tacoma, Wash., June 25. This vessel is one of six boats being procured to replace the existing ferry boats that have reached the end of their service life. The boats, procured for the National Park Service by the U.S. Navy's Program Executive Office (PEO) Ships, serve as a ferry service to shuttle visitors to and from the memorial, and continue to support the U.S.
Huntingford, Davenport Join Capilano Maritime
Capilano Maritime Design Ltd., a naval architecture design firm based in North Vancouver, BC, Canada announced that John Huntingford has recently joined the firm as Senior Structural Designer. Huntingford gained experience in the maritime industry as an Outfit Designer for Kvaerner Masa Marine where he worked on design projects for the State of Maine and Alaska, as well as patrol vessels for Australia.
Virtual Christening of UOS Atlantis
"I hereby christen you UOS Atlantisand wish you always calm seasons." With these words and a bursting champagne bottle, Gesine Frerichs, assistant to the management of Hartmann Offshore GmbH, performed the honors at the āVirtual Christeningā of Hartmannās newly build MOSS 424-type Anchor Handling Tug Supply vessel at Nautitec's Transas Full Mission Bridge Simulator in Leer, Germany. The UOS Atlantis is the first in a series of AHTS vessels currently under construction.
This Day in Coast Guard History ā June 29
1820-On 29 June 1820 the Revenue cutter Dallas captured the 12-gun brig-of-war General Ramirez, which was loaded with 280 slaves, off St. Augustine. "On the 28th ultimoā¦
This Day in Naval History ā June 29
1925 - Ships and men from 11th and 12th Naval Districts assist in relief after earthquake at Santa Barbara , CA 1950 - Truman authorizes sea blockade of the Korean coast 1950 - USS Juneau fires
Fugro Renewables Measures Underwater Noise
Teaming up with JASCO Applied Sciences, Fugro, an underwater acoustics company, is now providing measurement of underwater noise and allied consultancy. The new service will be launched at RenewableUK Offshore Wind 2010 (Liverpool, 29-30 June). The measurement of underwater noise, created during construction and operation of wind farms and tidal turbines, is an important component of any EIA and isā¦
Engine Troubles Lay Up USCG Cutter Polar Sea
The U.S. Coast Guard announced an unexpected engine casualty aboard Coast Guard Cutter Polar Sea, one of the serviceās three polar icebreakers, will prohibit the icebreaker from getting underway for its fall 2010 Coast Guard Arctic patrol and will most likely keep the cutter from providing standby capability for Operation Deep Freeze to support the resupply of McMurdo Station, Antarctica. Polar Sea will likely be in a maintenance status and unavailable for operations until at least January 2011.
Genco to Acquire 16 Supramax Vessels
Genco Shipping & Trading Limited (NYSE:GNK) announced that it has entered into an agreement with Bourbon SA to acquire 16 Supramax vessels, including two newbuildingsā¦
Venezuela Considers Restarting Caribbean Natural Gas Drilling
According to a June 26 report from Reuters, Venezuela is studying offers to restart drilling at an offshore natural gas well in the Caribbean Sea after an exploration platform sank there last monthā¦
Historic UK Ship to Become Floating Museum
According to a June 27 report from The Press Association, a historic vessel - thought to be the world's last complete steamcoaster - will be lifted on to a floatingā¦
Transas Simulators for Intership Navigation
Transas Marine, Hamburg (Germany), has been awarded the contract for two simulation systems that will be delivered and installed onboard two ships operated and ownedā¦
Thƶlin General Manager, Alfa-Laval, Marine & Diesel
Joakim Thƶlin was appointed General Manager, Segment Marine & Diesel at Alfa Laval AB, effective as of April 1, 2010. He will be based in Tumba, Sweden, and he replaces Peter Carlberg who has taken up the position as Managing Director of Alfa Laval KK, Seoul Korea. Joakim Thƶlin joined Alfa Laval in 1993 and has since held international management positions in Peru, USA, Korea and most recently asā¦
