Bay Wins NOAA RV Deal
Bay Electronics Inc. announced they have been awarded a subcontract from Fincantieri's Marinette Marine Corp. shipyard in Wisconsin. The company will provide design services…
This Day in U.S. Coast Guard History - March 18
1909- Stations Holly Beach, and Hereford Inlet, New Jersey: the schooner C.B. parted its chain while weighing anchor. She set a distress signal which was discovered by the lookouts at both stations.
This Day in U.S. Naval History - March 18
1945 - Carriers begin 3 month Okinawa Campaign by destroying aircraft on Kyushu, Japan 1974 - Navy sent to sweep mines from Suez Canal (Source: Navy News Service)
Lockheed Martin Awarded $376m for LCS
The U.S. Navy awarded a Lockheed Martin (NYSE: LMT)-led industry team $376m to build the seventh Littoral Combat Ship (LCS). The fixed-price-incentive-fee contract…
Teekay Tankers Continues Downward Trend
SmarTrend identified a downtrend for Teekay Tankers (NYSE: TNK) on January 24, 2011 at $11.22. In approximately two months, Teekay Tankers has returned 14.1% as of the recent price of $9.64.
MARAD Advisory Re Japanese Power Plant
The Maritime Administration (MARAD) issued an Advisory stating that, due to radiation leaks from the damaged nuclear power plant near Fukushima, Japan, vessels are…
Tsakos Energy Navigation Reports Q4, Full Year Results
Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE: TNP) reported results for the fourth quarter and full year ended December 31, 2010. -- Voyage revenues of $408.0 million. $3.1 million.
Marine Travelift Gains Exposure in S America
Marine Travelift Inc. recognized Ribeca Equipment Inc. as its newest dealership in South America. Created by Roberto Rizo Benedetto, along with his wife and two sons, the new company seeks to advance the Marine Travelift products throughout Venezuela, Colombia, Panama and Costa Rica. Rizo worked with Marine Travelift products for twelve years as the special projects manager with a South American machinery and equipment company.
Northrop Grumman $25M for Submarine Maintenance
Northrop Grumman Corporation (NYSE:NOC) has been awarded a fixed price contract valued at $25m from the U.S. Navy for the preparation and completion of a dry dock continuous maintenance availability of USS Albany (SSN 753). The company's Shipbuilding sector in Newport News is the prime contractor and will provide advance planning, design, engineering, procurement, ship-checks, fabrication and preliminary shipyard work as well as all necessary alterations…
U.S. Navy Supports Northrop Grumman Shipbuilding Spin-Off
The Department of the Navy announced that it is now in a position to support Northrop Grumman Corporation's (NGC) spin-off of its shipbuilding business. The Navy…
Crescent City, Calif. Tsunami Damage Report
In a fact sheet released by the U.S. Coast Guard, it was reported that the tsunami from the earthquake in Japan resulted in the sinking of 16 vessels in the Port of Crescent City, Calif. In addition, 47 vessels incurred some damage and there was significant damage to moorings and docks. • Harbor closed to all personnel at night, from 7 p.m. to 7 a.m. until further notice.
Fugro Survey Limited Presentation To The RNLI Aberdeen
In order to reduce its impact on the environment, Fugro Survey Limited has been sending out electronic Christmas cards to its friends across the industry over the last few years. Not only does this reduce resources of paper and emissions, it also reduces costs. As a result of the above exercise Fugro Survey Limited was pleased to donate £500 to the Royal National Lifeboat Institute in Aberdeen for the fifth consecutive year.
RINA Develops CNG Rules & Guidelines
International classification society RINA has used its offshore gas expertise to develop rules and guidelines for the exploitation, transport and storage of Compressed Natural Gas. Angelo Lo Nigro, Oil and Gas Manager, RINA, says, “Compressed Natural Gas offers an alternative way to move natural gas where volumes do not support a liquefaction plant or a pipeline. A significant amount of the world’s gas reserves fit these criteria…
Bothelo Joins Wilhelmsen Ships Service
Clarence Bothelo has been appointed as Ships Spares Logistics (SSL) Manager in the Customer Services Department at Wilhelmsen Ships Service for the Africa, Middle East and Black Sea (AMB) regions. Located at the company’s Dubai, UAE office, Clarence is responsible for driving the sales of Wilhelmsen Ships Service’s SSL offer in the AMB region and for building SSL expertise in Customer Services. Ships…
Danaos Corporation Reports Q4 & Full Year Results
Athens, Greece, March 17, 2011 – Danaos Corporation ("Danaos") (NYSE: DAC), an international owner of containerships, reported unaudited results for the period ended December 31, 2010. * We took delivery of one 3,400 TEU containership in October 2010, and two more newly built vessels with an aggregate carrying capacity of 13,500 TEU during 2011. * Operating revenues of $100.5 million and $359.7 million for the three months and year ended December 31, 2010, respectively.
Transocean Ltd. to Present at Howard Weil Energy Conference
ZUG, SWITZERLAND, Mar 17, 2011 (MARKETWIRE via COMTEX) -- Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Steven L. Newman, President and Chief Executive Officer of the company, will address attendees at the Howard Weil Energy Conference in New Orleans, LA. Mr. Newman is scheduled to present on Monday, March 28, 2011 at 9:15 a.m., CT. A copy of the presentation materials will be available on the company's web site prior to the start of the discussion on March 28…
Frosch - Marine & Offshore Specialty Team
FROSCH, a Travel Management Company in the US, with dual headquarters in Houston and New York, has recently created and hired a Marine and Offshore Specialty Team with a combined 100 years of experience in crew rotation management (Led by Managing Director and Industry Veteran – Gina Crawford). Through the combination of the FROSCH Corporate and Offshore Teams, we are offering a centralized solution to travel management for the energy market. Source: Frosch
This Day in U.S. Coast Guard History - March 17
1863- The cutter Agassiz defended the Union-held Fort Anderson at New Bern, North Carolina, from a Confederate attack. 1902- All but one of the members of the crew…
This Day in U.S. Naval History - March 17
1898 - USS Holland, first practical submarine, launched 1942 - United States Naval Forces Europe established to plan joint operations with British 1958 - Navy Vanguard rocket launches 3.25 pou
KPI Bridge Oil Appoints Marine Fuel and Lubricants Trader
London, 18 March 2011 – KPI Bridge Oil, a leading global bunker broker and trader has appointed Mr George Belekos as Marine Fuel and Lubricants Trader in its New York office. George Belekos has obtained a Bachelor degree in Maritime Studies from the University of Piraeus. He has several years professional experience in sales and marine lubricants trading and has spent 3 years working for a well known lubricant trader in Greece.
