Plan Ended for New Port of L.A. Shipyard
According to a report from www.dailybreeze.com, a proposal to build a $50m ship building and repair business at the Port of Los Angeles was sunk Thursday by the Board of Harbor Commissioners.
Daewoo Shipbuilding Wins $1.3B from Chevron
According to a Dec. 16 report from Platts, South Korea's Daewoo Shipbuilding and Marine Engineering won a $1.3b deal with U.S. energy firm Chevron Corp. to build an offshore gas-producing platform.
Japan Shipbuilders Take More Orders in Dollars
According to a Dec. 16 report from The Wall Street Journal, as the yen remains near a 15-year high, Japanese shipbuilders are coming under pressure to settle a bigger…
House OKs Split LCS Buy
According to a report from www.dodbuzz.com, on Dec. 15, the House formally approved a measure giving the Navy permission to buy both classes of Littoral Combat Ship.
Work Shut Down on Northrop Grumman Ships
According to a Dec. 16 report from WLOX, as a precautionary measure Northrop Grumman is shutting down all craft work on ships LPD 22 and LPD 24. The ships were located…
Get Ready for Changes in Lease Reporting
Since the middle of 2006, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been working towards changing how companies report their lease transactions on their balance sheets. Those companies (including publicly traded entities) whose reporting complies with Generally Accepted Accounting Principals (GAAP) must observe the reporting regulations as set down by FASB.
Floating LNG Converters to be in Demand
According to a report from Bloomberg, liquefied-natural-gas tankers that can convert the liquid to gas onboard will be in increasing demand in the next 10 years…
Commission Gets Drydock Grant
According to a report from the Daily Comet, the Terrebonne Port Commission’s application for $10m in hurricane-recovery money had been approved by the state. The money…
Daewoo Shipbuilding Wins $1.3B
According to a Dec. 16 report from Reuters, South Korea's Daewoo Shipbuilding and Marine Engineering (042660.KS), the world's second-largest shipbuilder, said on Dec.
PMI Graduates New Foss Mate
As the maritime industry enters a decade of change, next generation mariners like Sam Anderson will learn their chosen profession's safety and environmental skills at places like the Seattle-based Pacific Maritime Institute (PMI). Scott Merritt, Foss Maritime's senior vice president for operations, recently addressed Anderson and other graduating cadets of PMI's workboat mate program. The institute's…
Trico to Sell Remaining Towing and Supply Vessels
Trico Marine Services, Inc. (Pink Sheets: TRMAQ) announced that it has reached an agreement with the company's major constituents concerning the process of selling…
Russian Shipbuilders Ask for $100M More for Indian Frigates
According to a report from RioNovosti, Russian shipbuilding plant Yantar has asked Russia's state arms exporter, Rosoboronexport, for an additional $100m to complete…
Waterways Council Meetings & 2011 Seminar
Waterways Council, Inc. (WCI) announced the dates of its 2011 Washington Meetings, February 15-17, 2011, which include the Waterways Seminar and the Leadership Service Award Dinner.
Thales Supports Launch of Astute-Class Sub
Thales supported the official launch of the second Astute-class submarine, HMS Ambush, at the BAE Systems shipyard at Barrow-in-Furness on 16 December. Ambush, a 7…
Qatar May Use Cruise Ships for World Cup Housing
According to a report from www.fastcompany.com, Qatar is hosting the World Cup, but faces a lack of housing for the event. The tiny Gulf emirate of Qatar has a unique…
Ultraviolet Technologies, Hyde Marine ISO Certification
Calgon Carbon Corporation’s (NYSE: CCC) Ultraviolet Technologies (UVT) Division and its wholly owned subsidiary, Hyde Marine, Inc., announced a milestone achievement…
Re-Gasification Tanker Protected by Solar Solve
The diesel-electric LNG re-gasification tanker GDF Suez Neptune, a Samsung built ship, is unusual because of her diesel-electric propulsion together with her re-gasification capabilities. She will be operated by Hoegh LNG under long-term charter with GDF Suez. At 928 ft in length, 141 ft in mts breadth and 85 ft in depth, the 70,860dwt tanker’s twin 13,200 kW motors enable a service speed of 19.5 knots.
This Day in U.S. Coast Guard History – December 17
1897-The Overland Expedition, consisting of three officers from the Revenue Cutter Service, departed from the cutter Bear off Nunivak Island to rescue 300 whalers trapped in the ice at Point Barrow…
This Day in U.S. Naval History – December 17
1846 - Ships under Commodore Matthew Calbraith Perry capture Laguna de Terminos during Mexican War. 1941 - Admiral Chester W. Nimitz named Commander in Chief, US Pacific Fleet…
