Giant Iceberg Drifting Toward Canada
According to an August 10 report from Postmedia News, the Canadian government is planning how to deal with a massive iceberg that broke off a Greenland glacier last…
Oil Plugged after Cargo Ship Collision off India
According to an August 10 report from the Associated Press, Indian authorities have plugged a fuel leak in a container ship that collided into another cargo vessel…
Marine Highway Corridors and Projects Identified
On August 11, 2010, U.S. Transportation Secretary Ray LaHood identified 18 marine corridors, eight projects, and six initiatives for further development as part of “America’s Marine Highway Program.” In addition, the Maritime Administration made available $7m for which these projects will be able to compete through a Notice of Funding Availability. The Marine Highway Program was fully implemented in April 2010 through publication of a Final Rule in the Federal Register.
Statement on Deepwater Horizon Escrow Fund
"Today, the department announced that it had completed negotiations to establish a $20 billion fund to provide the necessary resources to those suffering from the…
Crude Carriers Q2 Results
Crude Carriers Corp. (NYSE: CRU) reported its financial results and declared a cash dividend of $0.50 per share for the second quarter ended June 30th, 2010. These…
Moran Towing Earlier Player in Gulf Spill Response
According to a report from The Stamford Advocate, within the first days of the Gulf of Mexico oil spill four months ago, New Canaan-based Moran Towing Corp. was…
Iridium Reports Strong Growth in Q2
Iridium Communications Inc. (Nasdaq:IRDM) reported financial results for the quarter ended June 30, 2010. The following reflects the results of Iridium Communications Inc.
Great Lakes Coal Trade Up 26% in July
Coal shipments on the Great Lakes totaled 4,096,149 net tons in July, an increase of 5.7% over June, and an increase of 26% compared to a year ago. However, loadings…
Triton Diving Uses Hughes Maritime Broadband
Triton Diving Services, LLC is keeping its crews safer and delivering more proficient diving services to offshore customers thanks to the Hughes Maritime Broadband…
This Day in Coast Guard History – August 12
1982- Coast Guard vessels escorted the nation's first Trident submarine, the USS Ohio, into its home port at Naval Submarine Base Bangor, providing security for the sub's transit.
This Day in Naval History – August 12
1918 - SECNAV approves acceptance of women as yeoman (F) in U.S. 1942 - USS Cleveland (CL-55) demonstrates effectiveness of radio-proximity fuze (VT-fuze) against…
ShipDecision Chartering Software
In an initiative conceived jointly with Canadian ship owner Canfornav, Stelvio Inc. has added a new set of features to the Chartering Module of its ShipDecision maritime software suite.
EU NAVFOR Warship Apprehends Pirate Skiff
Early the morning of Tuesday, August 3, the MV Bow Saga sent a distress call that she was under attack from pirates in the middle of the Gulf of Aden. An EU NAVFOR unit close by sent her helicopter to assist and stopped the attack. The Norwegian Chemical tanker MV Bow Saga was proceeding through the transit corridor in the middle of the Gulf of Aden when it came under attack. A pirate skiff with seven people on board shot at the bridge, damaging the windows.
Technip Awarded Contract for Norway’s Snorre Project
Technip has been awarded by Statoil ASA a contract, worth approximately $30.1m, for the development of the Snorre field in the Norwegian North Sea. The contract…
Cakewalk, Largest Yacht Ever Built in the U.S.
On August 8, Derecktor Shipyards launched the 281-ft motor yacht Cakewalk, the largest yacht (by volume) ever built in the U.S. The six deck, 2,998 gross ton vessel floated off Derecktor’s new 4000 ton dry-dock into the waters of Bridgeport harbor, after several years and many thousands of skilled labor hours. Cakewalk was designed by Tim Heywood Designs with Naval Architecture by Azure Naval Architecture. Interior design was by Dalton Designs, Inc.
Genco Shipping & Trading Q2 2010 Results
Genco Shipping & Trading Limited (NYSE:GNK) reported its financial results for the three and six months ended June 30, 2010. The following financial review discusses…
Military Sealift Command, Operation Pacer Goose 2010
With the Aug. 9 return of Military Sealift Command-chartered dry cargo ship MV American Tern to Naval Station Norfolk, Va., the resupply mission to remote Thule Air Force Base…
Ship Building Strategy for Indian Shipyards
According to an August 9 release from India’s Press Information Bureau, the Indian Navy has recommended introduction of modern and emerging techniques in shipbuilding…
STX Offshore Wins $253m Order for Drill Ship
According to a report from Asia Pulse Data Source, STX Offshore & Shipbuilding Co., a South Korean shipbuilder, has won a $253m order to build a drill ship. Under…
Incat Crowther Designs Catamaran Crew Boat
Incat Crowther announced that the firm has been contracted to design an innovative 91.8 ft Wave Piercing Catamaran Crew Boat to support offshore oil and gas operations. Developed in conjunction with Topaz Shipbuilding for a large petroleum firm, the vessel features a new layout. As the original inventors of the Wave Piercing Catamaran, Incat Crowther proposed the platform in response to a challenging combination of operational requirements.
