Navios Maritime Acquisition Corp. Acquires Two New Builds
Navios Maritime Acquisition Corporation (NYSE: NNA), an owner and operator of tanker vessels, announced that the company has entered into an agreement to acquire two 75…
Jo-Kell Announces Loss of Friend and Associate
Jo-Kell Inc., an electrical distribution and engineering company based in Chesapeake, Va., announced the loss of Walter E. (Ned) Gregg Jr., on Monday, September 6, 2010. Gregg, who was 92, was born in Baltimore, Md. and graduated from Baltimore Polytechnic Institute in 1936. He graduated from Cornell University in 1939 with a degree in Electrical Engineering. He began his career at Universal Wiring in Providence…
McDermott Appoints Houser Senior VP Ops
McDermott International, Inc. said that Dan Houser was appointed to Senior Vice President, Operations. In this role, Houser is responsible for leading the Atlantic region and Global Marine organization at McDermott, which includes setting the strategic direction, as well as business acquisition and execution for these groups. In addition, he will be responsible for expanding the company’s activities for the region into Brazil, West Africa and the North Sea.
Tin Dredges: Thai Built and Operated
"We hire a new crew to build each dredge," said Khun Songpon, "My father, Yongyut Junsiri, trains them as they build the dredge then the same crew operates it in Indonesia. It is a brilliant innovation, but not surprising from a firm that can draw on the 35-year experience of its president Yongyut Junsiri in both the design and operation of dredges. In recent years the opportunities for tin dredges have centered on Indonesia.
Noreq AS acquires Acta AS
Maritime supplier, Noreq announced the acquisition of Acta in Denmark. Since 1955, Acta has been a supplier of offshore marine cranes, life raft- and MOB davits as well as deck machinery. Acta is the only crane manufacturer in the world having CE marking on offshore cranes for wind power installations off shore. Acta is located in Odense, Denmark and the name of the new company is NoreqActa. “With this acquisition…
Former NOL Group CEO Passes Away
“NOL is deeply saddened by the loss of Mr. Lua Cheng Eng. Mr. Lua was the CEO of NOL Group for 20 years from 1979 through 1999. He built up NOL from a small shipping…
Bourbon Quarterly Financial Information
“In a market environment that continues to be difficult, Bourbon can today report third-quarter 2010 revenue growth of 6.4%. This confirms the upturn in our Offshore activity…
Aker Solutions Wins Hebron GBS Project
Kiewit-Aker Contractors, a 50/50 joint venture between Peter Kiewit Infrastructure and Aker Solutions, has been awarded a contract by ExxonMobil Canada Properties…
AVEVA’s World Summits
AVEVA (LSE:AVV) provider of engineering design and information management solutions for the plant, power and marine industries, announced the successful conclusion…
PrimeServ Las Palmas Opens For Business
PrimeServ Las Palmas held its official opening at the beginning of October 2010 in front of an audience from the Canary Islands, the Spanish mainland, MAN Diesel…
Simrad Yachting Receives NMEA Awards
Simrad Yachting, a leader in the design and manufacture of world-class marine navigation, autopilot, radar, communications and fishfinding systems, announced that…
Great Lakes Iron Ore Trade Up 30% in October
Iron ore shipments on the Great Lakes totaled 5,026,477 net tons in October, a 6.1% decrease compared to September, but a 30.5% improvement over a year ago. Even so…
MARAD Awards $3.1M Contract to New Bay Area Ship Recycler
The U.S. Department of Transportation’s Maritime Administration announced that it has awarded two contracts for a total of $3.1m to Allied Defense Recycling of Petaluma…
Marcon International Sells Vessel Noordhoek Singapore
The 215.4-ft by 46-ft Dutch flagged, multi-purpose construction, dive and ROV support vessel Noordhoek Singapore (ex-Serviceman, ex-Smit Marlin, ex-Smit-Lloyd 61)…
Safe Bulkersport Q3 & Nine Month Results
Safe Bulkers, Inc. (NYSE: SB), an international provider of marine drybulk transportation services, announced its unaudited financial results for the three- and nine- month periods ended September 30…
This Day in U.S. Coast Guard History – November 10
1775-The Second Continental Congress passed a resolution to create a "Corps of Marines." Although they were disbanded in 1783 and were not "re-established" permanently until 11 July 1798…
This Day in U.S. Naval History – November 10
1775 - Congress votes to raise two battalions of Continental Marines, establishing the Marine Corps. 1941 - U.S.
Carnival Splendor Dead in the Water
The Associated Press reported that on Nov. 9, an early morning fire on one of Carnival Cruise Lines' biggest ships, the 113,000-ton Carnival Splendor, has left the…
Pirated MV Samho Dream Released
On 6 November 2010, the Marshall Islands-flagged MV Samho Dream was released from under pirate control. The MV Samho Dream, a Marshall Islands-owned crude oil tanker, deadweight 319,360 tonnes, was pirated on 4 April 2010 approximately 600 nautical miles off the Somali coast. The MV Samho Dream has a crew of 24, of which 19 Filipinos and 5 South Koreans.
Pirates Attack EU NAVFOR Warship
During the night of November 6, the EU NAVFOR warship SPS Infanta Cristina was attacked off the East coast of Somalia by a vessel identified as the MV IZUMI, a ship that had itself been pirated on 10 October. The EU NAVFOR warship had been escorting the MV Petra 1, which had been chartered by the African Union Military Mission in Somalia (AMISOM), at the time. This is the first ever attack on an EU warship conducting an AMISOM escort.
