Latest News - page 2694


McFaul Crew Captures Suspected Pirates

Apr 09, 2010

The crew of the guided-missile destroyer USS McFaul captured 10 suspected pirates and rescued eight crewmembers from the Indian cargo dhow Faize Osamani near Salalah, Oman, April 5 after a dhow and three skiffs attempted to attack the Motor Vessel Rising Sun the same day…

Approval for Siemens’ SiCURE System

Apr 09, 2010

The introduction of Aquatic Invasive Species (AIS) via ships’ ballast water is an increasingly disastrous ecological issue. Numerous mechanical, physical and chemical treatments that may reduce such occurrences are presently being investigated…

Analyst Says Northrop Could Sell Shipyard

Apr 09, 2010

Defense industry analyst, Loren Thompson, in an April 7 Press Register story, questioned whether Northrop Grumman Corp.'s recent focus on profit margin will lead it to get out of the shipbuilding industry and sell its Pascagoula shipyard. That's not necessarily bad news for the 12…

Ship Scrapping Now a Money Maker

Apr 09, 2010

According to an April 8 report from China Daily, as the shipbuilding industry struggles to recover from the global recession, China's ship scrapping business has become a smorgasbord for both factories and investors. Ship breaking or ship demolition…

Pakistan Residents Buy Water from Tankers

Apr 09, 2010

According to an April 8 report from Pakistan’s Daily Times, the residents of the federal capital are buying water from tankers of Capital Development Authority (CDA) to meet their water needs. (Source: Daily Times, Pakistan)

Scorpio Tankers Completes Initial Public Offering

Apr 09, 2010

Scorpio Tankers Inc. (NYSE: STNG) announced that it has closed on its previously announced sale of 12,500,000 shares of common stock in its initial public offering, and received net proceeds of $149.6m, after deducting underwriters' discounts and offering expenses…

Globus Maritime to Acquire Supramax Carriers

Apr 09, 2010

Globus Maritime Ltd (AIM: GLBS) (LSE: GLBS), a global shipping transportation company that owns and operates Supramax and Panamax dry bulk carriers, announced that in line with its fleet renewal program it has agreed to purchase from an unaffiliated…

This Day in Coast Guard History – April 9

Apr 09, 2010

1909- Race Point, Massachusetts-The sloop Keewaydin IV’s mast was carried away and the sloop anchored 2 miles SW of station, but dragged ashore. Station crew was on the beach when she struck and the keeper rowed out surf and threw a heaving line on board…

This Day in Naval History – April 9

Apr 09, 2010

1861 - Second relief convoy for Fort Sumter left New York1941 - Commissioning of USS North Carolina, which carried 9 16-inch guns1943 - Re-establishment of Commodore rank1959 - Selection of first 7 Mercury astronauts, include 4 naval aviators(Source: Navy News Service)

Solar Powered Wavepiercer Cat

Apr 08, 2010

On March 31, 2010 the roof at the HDW Shipyard in Kiel, Germany slid open to reveal to the daylight the what is claimed to be the world’s largest solar powered vessel, a wavepiercer catamaran named Planet Solar. Appearing small against the back…

Ice Study on St. Lawrence Seaway

Apr 08, 2010

The U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC) together with Transport Canada, the Canadian St. Lawrence Seaway Management Corporation (SLSMC), the U.S. St. Regis Mohawk Tribe, and the Canadian…

Hijacked Tanker Arrives off Somalia

Apr 08, 2010

The Marshal Islands flagged, crude oil tanker Samho Dream, previously reported hijacked approximately 600 nautical miles off the Somali coast in the early hours of 4 April has now arrived off the coast of Somalia. The Samho Dream, South Korean owned and operated…

New Canadian Research Vessel

Apr 08, 2010

ABCO Industries Limited recently launched a 60-ft Science Research Vessel for the Canadian Coast Guard. The vessel is currently undergoing trials and will be operating out of St. Andrews, NB on delivery.

Pipavav Shipyard Fund Raising Plan

Apr 08, 2010

According to an April 7 report from Bloomberg, Pipavav Shipyard rose 1.62% to Rs 78.60 at 13:47 IST on BSE after the company's board approved raising up to Rs 178 crore by issuing convertible debentures on preferential basis.(Source: Bloomberg)

Samsung Heavy to Secure 1,000 More Patents

Apr 08, 2010

According to an April 7 report from The Dong-A Ilbo, Samsung Heavy Industries said it will acquire about 1,000 more patents by investing $445m in the development of eco-friendly shipbuilding technologies by 2015. The company holds 1,000 patent rights…

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