T&T Bisso refloated a tugboat that sank in the Houston Ship Channel. The company used the C/B Curtis T to prepare the sunken tug for lifting after its dive team recovered the body of a missing crewmember onboard the vessel. The vessel then was lifted to the surface by a derrick barge and dewatered…
Viking Life-Saving Equipment A/S achieved all-time-high sales of $208m, up just over six percent on 2008. The group's profit also improved slightly compared with 2008. The company’s management attributes the record performance to increased focus on cost reduction and working capital…
Brunswick Commercial and Government Products (BCGP) introduced the 37-ft Justice ─ the largest Boston Whaler model ever built, according to the company. The 370 Justice features a center console design for unobstructed 360 degree access to all areas of the boat…
The Manatee County Port Authority approved a long-term $30m agreement with Port Dolphin Energy LLC, providing Fla. with a second major source of natural gas. Port Dolphin officials estimate its project will generate more than $150m in direct…
Kvichak Marine Industries recently constructed and delivered the M/V John A.B. Dillard, Jr., a Debris Removal Vessel for the U.S. Army Corps of Engineers (USACE) San Francisco Bay District. The USACE San Francisco Bay District has a unique mix of duties…
Titan Salvage has safely removed the partially submerged Washington Gantry crane and other navigational hazards from Port-au-Prince, Haiti for the U.S. Transportation Command (USTRANSCOM). The company's work helped to re-establish port infrastructure…
1943- British Steamer Svend Foyne was a victim of an iceberg collision off the southern tip of Greenland. One hundred forty-five persons were rescued by the Coast Guard and others. International Ice Patrol was suspended during this period (1942-1945)…
1898 - USS Oregon departs San Francisco for 14,000 mile trip around South America to join U.S. Squadron off Cuba1917 - Navy Department authorizes enrollment of women in Naval Reserve with ratings of yeoman, radio electrician, or other essential ratings…
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million demonstrating year on year growth of 7%, 14% and 38% respectively. The growth…
Carnival Cruise Lines has selected the Rolls-Royce propulsion system Promas Lite, combining propeller and rudder, for their cruise vessel Carnival Glory. Preliminary analysis of speed/power trials measurements indicates an increased propulsive efficiency improvement by 11-13 %…
For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate the good increase of the offshore activity due to the growth of the fleet and to its utilization rate…
The Merchant Maritime Warfare Centre (MMWC), a UK based maritime anti-piracy organization, is launching their latest countermeasure, the MMWC Propeller Arresters. This is a non-lethal countermeasure to protect vessels underway regardless of vessel type…
For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate the good increase of the offshore activity due to the growth of the fleet and to its utilization rate…
Rafael develops and manufactures advanced defense systems for the Israel Defense Forces and armed forces around the world, operating from a strong financial foundation resulting from exports to international markets. Rafael is the largest employer in Northern Israel…
2009 Highlights:- Voyage revenues of $444.9 million versus $623.0 million in 2008 - Income of $47.8 million (before vessel impairment charges of $19.1 million) versus $202.9 million (no impairment charge) in 2008 - EPS of $0.77 (diluted) ($1…
