John Deere’s Newest Diesel Engine
John Deere Power Systems (JDPS) announced its newest marine engine the PowerTech 6090AFM75 marine diesel engine is the newest addition to the John Deere lineup and boasts up to 317 kW (425 hp).
EPS Corp Launches First EPS M10 Hovercraft
The EPS M10 Hovercraft, built at the company’s facilities in Titusville, Fla., was launched in late 2010 and was shipped to its final destination in early January 2011. The successful engineering, manufacturing and launching of this fully composite vessel is a historic event as it is the first of its kind to be built in America and launched in its waters. The EPS M10 is constructed of non-corrosive…
PPG Protective and Marine Coatings Receive Award
PPG Industries’ (NYSE: PPG) protective and marine coatings (PMC) business has been selected as the recipient of The Society for Protective Coatings (SSPC) 2011 E. Crone Knoy Award.
PortVision Appoints Perduto
PortVision has appointed James Perduto as Director of Transportation and Government Business Development. Based in N.Y., James assumes responsibility for business…
Mississippi River Pilots Limit Large Ship Movements
According to a Feb. 2 report from Bloomberg, deep-draft ships traveling on sections of the Mississippi River in southern La. will be allowed to run only during the…
Maersk Pirate Deserves 27-Years According to His Lawyers
According to a report from Bloomberg, Abduwali Muse, a Somali pirate who pleaded guilty to hijacking the container ship Maersk Alabama, should get 27 years in prison when he is sentenced this month…
Gibdock Repairs Collision Damaged Cargo Ship
A collision involving the three-year-old multipurpose general cargo/container vessel Ems, owned by Werse Schiffahrts of Münster, Germany, recently brought a new customer to Gibdock…
Great Offshore Net Plunges
According to a Feb. 2 report from Reuters, offshore and oilfield services firm Great Offshore (GOFS.BO) posted a 96% fall in net profit in Oct-Dec, dragged down by lower operating income…
OMSA New Leadership: Hornbeck, Adams
Todd Hornbeck will succeed Otto Candies III as chairman of the Board, Robert Clemons will advance to Vice Chairman and Ben Bordelon will serve as Secretary and Treasurer. Jim Adams, who had been working in his interim position since August, was named as the association’s President and CEO. “I want to thank Otto Candies, III for his remarkable leadership through a very challenging time for OMSA. He…
Costamare Shipbuilding, Chartering, Fleet Renewal Contracts
Costamare Inc. (NYSE: CMRE) announced that it has contracted with Sungdong Shipbuilding & Marine Engineering Co., Ltd. for the construction and purchase of two newbuild containerships…
This Day in U.S. Coast Guard History – February 3
1801- Treaty of peace with France was ratified on this date, thereby ending the "Quasi-War," in which cutters of the Revenue Marine had rendered outstanding service.
This Day in U.S Naval History – February 3
1801 - Senate approves peace treaty with France ending undeclared naval war that began 1798 1917 - US severs diplomatic relations with Germany (Source: Navy News Service)
Passenger Vessel Market Update
MarineNews spoke with industry experts to get an overview of the passenger vessel market as it stands today, including a legislative update and business leaders’ insights on pricing, ridership and vessel construction and renovation. Actions in Congress this year provided a mixed bag for passenger vessel operators. Because of the new tax law, private operators will be able to take advantage of an immediate 100% depreciation deduction for capital investments made in 2011.
