Samsung Heavy to Secure 1,000 More Patents
According to an April 7 report from The Dong-A Ilbo, Samsung Heavy Industries said it will acquire about 1,000 more patents by investing $445m in the development…
Teekay Tankers Prices Public Offering
Teekay Tankers Ltd. (NYSE: TNK) announced that it has priced its follow-on public offering of 7,700,000 shares of Class A common stock at $12.25 per share. The offering…
Class Action Lawsuit, Marine Products Price Fixing
Conspiracy involving marine fenders, buoys and pilings provokes action by public and private interests in Texas and Louisiana. Baron & Budd, P.C. attorneys, working…
EMD Celebrates 5 Year Milestone
Over 1,400 employees gathered at EMD’s headquarters and manufacturing campus in La Grange, Ill. to celebrate the company’s fifth year of independence since being…
New Navy Contracts
MAR Inc., Rockville, Md., is being awarded a maximum amount $30,000,000 cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract in support of the Naval…
Revised OCS Oil & Gas Leasing Program
The Department of the Interior’s Minerals Management Service (MMS) published a Federal Register notice requesting comments on the Preliminary Revised 2007-2012 Five…
New Anschuetz Autopilot Series NP 5000
The German-based navigation company Raytheon Anschütz announced the upcoming release of their new NautoPilot 5000 adaptive autopilot series, the successor of their NP 2000 autopilot series.
This Day in Coast Guard History – April 8
1909- Race Point, Massachusetts-The sloop Keewaydin IV’s mast was carried away and the sloop anchored 2 miles SW of station, but dragged ashore. Station crew was…
This Day in Naval History – April 8
1925 - First planned night landings on a carrier, USS Langley, by VF-1 1950 - Unarmed Navy patrol aircraft shot down over Baltic Sea by USSR 1951 - 1st of 4 detonations, Operation Greenhouse nuc
Great Eastern Shipping Orders Super Tankers
According to an April 5 report from the Wall Street Journal, Great Eastern Shipping Co. Ltd, India’s biggest private ocean carrier, has ordered three new oil super…
Wärtsilä Repeat Orders from Russia
Wärtsilä has received several orders for propulsion systems from Russian organizations recently. The most recent contracts include repeat orders for integrated electro-propulsion packages for new state-owned Multipurpose Salvage Vessels, which are part of a national program to develop Russia's transportation system over the next five years. Last year, Wärtsilä was contracted to deliver an integrated…
Sustainable Ocean Summit, Belfast, Ireland
Senior representatives from a wide range of industries that use ocean space and resources will come together to discuss sustainability issues that face the ocean…
Deep Blue Marine Purchases Ship
Deep Blue Marine, Inc. announced that the company has purchased a second 88 ton vessel which management plans to relocate to the Caribbean. The ship is the 77-ft sister ship of the Cap'n Tracy. The company will begin retrofit next week to prepare the ship for recovery work. The purchase is made in the effort to keep up with the demands set upon the company as operations expand. www.alldeepblue.com
New Guide for Shipmasters, Int’l Maritime Law
Tara Leiter, an attorney at Blank Rome LLP, collaborated with John A.C. Cartner (United States Coast Guard shipmaster and lawyer) and Richard P. Fiske (retired U.S. naval captain and attorney with John Cartner at Cartner & Fiske LLC) to author the recently released legal treatise The International Law of the Shipmaster. Released in the IMO’s declared Year of the Seafarer, the book is designed to identify…
Sea Star, American Shipping Realign Leadership
American Shipping Group, Inc. announced the following organizational changes: Frank Peake will join the American Shipping Group (ASG) as Vice President, focusing…
Less Diesel Exhaust at Port of Los Angeles
New data from four state-of-the-art air quality monitoring stations in and around the Port of Los Angeles show concentrations of elemental carbon in the Port area…
Ursa Montana: Big Beam, Big Power
On many of Europes inland waterways, the limit to cargo capacity is not so much about horsepower but it is the limit imposed on the vessel by the size of the locks that it has to transit. With the largest vessels, along with their additional barges, designed to maximize available space in the locks it is necessary to get the unit into the lock and stopped up without damage to the lock or vessel as promptly as possible.
General Dynamics $37M for USS Hartford Repair
The U.S. Navy has awarded General Dynamics Electric Boat a $36.6m contract modification for repair work on USS Hartford (SSN-768), a Los Angeles-class submarine damaged in a collision in March 2009.
NewLead Dropdown of Six Vessels
NewLead Holdings Ltd. (NASDAQ:NEWL) announced it has completed the dropdown of six vessels (four drybulk vessels and two product tankers) and Newlead Shipping S.A.…
U.S. Support to ROK Salvage Ops Leadership Change
Commander, Amphibious Force Seventh Fleet, Rear Adm. Rich Landolt, has assumed the duties as the senior naval officer in charge of U.S. Navy assistance to the Republic…