STADT AS New Propulsion System
STADT AS has a gained a foothold in both the offshore and fishing fleet with a new diesel electric propulsion system. The company is located in Gjerdsvika at the Northwest coast of Norway, and has patented a new solution based on Sinus-technology. “This is sustainable technology, and we are definitely on track,” says Hallvard Slettevoll, president of STADT AS. For more than seven years the company…
2010 Offshore Industry Safety Awards Postponed
The Department of the Interior’s Minerals Management Service (MMS) announced today that the 2010 Annual Industry SAFE Awards Luncheon scheduled for May 3, 2010 at…
Joe Keefe Joins MaritimeProfessional.com
Joseph A. Keefe, former Editor in Chief of The Maritime Executive magazine and the MarEx e-newsletter, has joined MaritimeProfessional as its leading commentator. "Joe Keefe is a globally respected maritime journalist who brings a wealth of industry insight and knowledge to MaritimeProfessional," said Greg Trauthwein, Editor and Associate Publisher with New Wave Media, producers of MaritimeProfessional (and MarineLink.com).
Capuano Joins KVH GOM Sales
To help support the growing customer base of its TracPhone V7 and mini-VSAT BroadbandSM network, KVH Industries, Inc., (Nasdaq: KVHI) has hired Cheri Capuano, a…
This Day in Coast Guard History – April 30
1789- President George Washington was inaugurated in New York City as the nation's first President. His inauguration marked the beginning of U.S. Constitutional government.
This Day in Naval History – April 30
1798 - Congress establishes Department of the Navy 1975 - Saigon falls to North Vietnamese forces (Source: Navy News Service)
Harley Marine N.Y. Receives EPA Award
Harley Marine NY, a subsidiary company of Harley Marine Services has been selected to receive a 2010 U.S. Environmental Quality Award from the Environmental Protection Agency.
Approval of Cape Wind Energy Project
On April 28, Secretary of the Interior Ken Salazar approved the Cape Wind renewable energy project on federal submerged lands in Nantucket Sound, but will require…
General Maritime Q1 2010 Results
General Maritime Corporation (NYSE:GMR) reported its financial results for the three months ended March 31, 2010. The company recorded a net loss of $9.1 million…
Greek Maritime Officer Acquitted in Pollution Trial
A jury in Houston federal court cleared Greek maritime officer Ioannis Mylonakis of charges that he engineered the dumping of oil tanker waste off of the Texas coast in early 2009…
Superior Energy Services Q1 2010 Results
Superior Energy Services, Inc. (NYSE:SPN) announced net income of $21.5 million and diluted earnings per share of $0.27 on revenue of $364.5 million for the first quarter of 2010…
PortVision Introduces TerminalSmart
PortVision, provider of business intelligence solutions for the maritime industry, announced its web-based service platform integrating vessel tracking, management and analysis in a single…
ONR Continues ACCeSS Research Funding
The Atlantic Center for the Innovative Design and Control of Small Ships (ACCeSS) at Stevens Institute of Technology announced major funding for the next five years…
Great Lakes Shipyard Reconstructs Put-In-Bay
Great Lakes Shipyard, a division of The Great Lakes Group, has completed all work required under contract with Miller Boat Line, Put-in-Bay, Ohio, to fabricate and install a new 40-ft mid-body extension in the passenger/vehicle ferry Put-in-Bay. The contract was awarded on August 17, 2009, and all work was completed at Great Lakes Shipyard facilities on the South Bank of the Old River Channel, on Cleveland's Cuyahoga River.
This Day in Coast Guard History – April 29
1909- Burnt Island, Maine: The schooner Regina stranded five miles north of the station. The Life-Saving crew, in a small power boat, arrived at the same time as the tug Bismarck.
This Day in Naval History – April 29
1898 - U.S.
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…
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,…
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…
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.