Celtic Tankers Posts $577,000 Loss
According to a June 24 report from StockMarketWire.com, Celtic Tankers posted a pre-tax loss of $577,000 for the year to the end of March compared with a profit of about $378,500 last time.
NL: Reduced Tug Crewing for Oil Tanker Assist
According to a June 24 report from CanadaEast.com, Newfoundland and Labrador's environment minister is playing down concerns about crew reductions on tug boats that…
Scorpio Tankers Q1 Results
Scorpio Tankers Inc. reported its results for the three months ended March 31, 2010. The company recorded net income of $1.2 million or $0.21 basic and $0.21 diluted…
Intellian Opens Innovation Center
Intellian, provider of marine satellite antennas, opened a facility for research and development (R&D), manufacturing, shipping and training. Located just south of Seoul, South Korea, the Intellian Innovation Center is a new 71,000 sq ft, four-story building designed for increased production and technology development opportunities. R&D is the heart of the Intellian Innovation Center, offering even…
OW Bunker New Corporate Strategy
OW Bunker, supplier and traders of marine fuel, announced that it is implementing a new corporate strategy. The process, which will be completed by 2011, will see…
NMEA Board of Directors Changes
The National Marine Electronics Association (NMEA) has announced changes in the NMEA Board of Directors. David Gratton, a dealer director and a partner in Martek of Palm Beach, Fla., has been appointed to the position of Vice Chairman of the NMEA. He replaces Jim Vander Hey, who is leaving the position to pursue a business venture outside of the marine electronics industry. "Jim has been a very active member of the NMEA and has made a number of major contributions to the NMEA.
Jensen Does Final Design Work on High-Bollard-Pull Tugs
Jensen Maritime Consultants Inc. has been selected by Bollinger Shipyards Inc. to complete the final design drawings and specifications for two new 10,880-horsepower, high-bollard-pull, ocean-going tugboats. The tugs are the beginning of a new-build program at Crowley Maritime Corporation to further enhance its ocean towing, salvage and offshore support capabilities. The Ocean Wave and Ocean Wind will have a minimum bollard pull of 150 metric tons and a range of approximately 12…
EnSolve Introduces ShoreClean for Gulf Spill
EnSolve Biosystems, the world leader in maritime bioremediation technology, has introduced a new line of products designed to facilitate cleanup of oil from shorelines…
This Day in Coast Guard History – June 25
1936-"The act of June 25, 1936 was in reality an amendment to the Seamen’s Act of 1915, and had been called the Merchant Marine Act of 1936. This law provided for (1) "qualifications…
This Day in Naval History – June 25
1933 - Commissioning of USS Macon, Navy's last dirigible 1961 - Navy's first major low frequency radio station commissioned at Cutler, ME 1972 - Navy helicopter squadron aids flood-stricken resi
NIC: Jones Act Has Not Interfered with Spill Cleanup
“Currently 15 foreign-flagged vessels are involved in the largest response to an oil spill in U.S. history. No Jones Act waivers have been granted because none of…
Senator Cornyn Supports Jones Act Waiver Request
Senator John Cornyn (R-TX) sent a letter to Admiral Thad Allen on June 22 supporting Allegiance Capital's request for a waiver of the Jones Act. For more than two weeks…
NOIA Encouraged by Court Decision on Drilling Moratorium
The National Ocean Industries Association (NOIA) said it is encouraged by the June 22 decision in Federal court in New Orleans. The association said Judge Martin Feldman’s ruling means that…
Senator Cochran to Receive Herbert H. Bateman Award
The American Shipbuilding Association (ASA) announced that U.S. Senator Thad Cochran (R-MS) would be the 2010 recipient of the Herbert H. Bateman Award. The award will be presented Wednesday, June 23 at 6:00 pm during ASA's Salute to the Illih Congress reception in the Gold Room (2168) of the Rayburn House Office Building. "Thad Cochran, throughout his 38 years of service in the U.S. House of Representatives and in the U.S.
Wärtsilä Expands in Panama
Wärtsilä, a provider of power plant and ship power solutions and services, opened new offices and a workshop in Panama. Located in the International Business Park of Panama Pacifico…
Iridium Expands with South African License
Iridium Communications Inc. (Nasdaq:IRDM) announced the establishment of Iridium South Africa, under which Iridium has licenses to operate, provide and sell mobile…
Costa Cruises Installs Funnel on Costa Favolosa
Work is continuing in Fincantieri’s Marghera yard on the construction of the Costa Favolosa, the 15th member of the Costa fleet. Her funnel was recently installed: the same distinctive yellow funnel with the blue “C” that for over 60 years has graced every vessel in the fleet of Costa Cruises. Since the establishment of the brand in the 1940s, some 35 ships have sported the iconic Costa funnel. Like the other 14 members of the fleet currently in service…
Alewijnse Marine Systems Outfits Oceanco Motoryacht
Alewijnse Marine Systems has been awarded the contract for the supply and installation of the complete electrical outfitting on board a new 280-ft motoryacht. The vessel has been styled by Igor Lobanov and is currently in build at Oceanco’s facility at Alblasserdam, the Netherlands. The contract is for the installation of all the electrical systems throughout the yacht, including the bridge and all associated navigation equipment…
Stena Sonangol Suezmax Pool Adds Eight Vessels
Stena Bulk of Sweden announced that a newly created fleet of seven modern Suezmax Tankers will join the Pool, immediately growing this premium Pool to 18 vessels.
New Krishnapatnam, India Office for Wilhelmsen
Wilhelmsen Ships Service announced the opening of a branch office in Krishnapatnam on the east coast of India. Krishnapatnam is one of the fastest growing private ports in the region…
