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This Day in Naval History – Oct. 29

Oct 29, 2009

1814 - Launching of Fulton I , first American steam powered warship, at New York City. The ship was designed by Robert Fulton.1980 - USS Parsons (DDG-33) rescues 110 Vietnamese refugees 330 miles south of Saigon.(Source: Navy News Service)

Ocean Marine Insurance Responds to Challenges

Oct 27, 2009

The U.S. Ocean Marine insurance industry has been hard hit by the economic crisis at a time when its structure, traditions and culture are facing challenges, according to a new study by Conning Research and Consulting.'The Ocean Marine industry…

Logistec Corp. Acquires Rideau Bulk

Oct 27, 2009

Logistec Corporation (TSX:LGT.A)(TSX:LGT.B), a diversified cargo handler in eastern Canadian and U.S. ports, announced that it has acquired, through its wholly-owned subsidiary, Logistec Stevedoring Inc., 100% of the issued and outstanding shares of Les Terminaux Rideau Bulk Terminals Inc…

DryShips Q3 Financial Results

Oct 27, 2009

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and offshore oil deep water drilling, announced its unaudited financial and operating results for the third quarter and nine month period ended September 30…

Port Dolphin Energy Regulatory Milestone

Oct 27, 2009

Port Dolphin Energy, LLC, announced that a Record of Decision has been signed in its application for a license to build a deepwater liquefied natural gas (LNG) port off the West Coast of Florida.The Record of Decision paves the way to the…

Maersk Line Service to UMM Qasr, Iraq

Oct 27, 2009

As new opportunities for foreign trade arise, importers and exporters in Iraq are calling for more reliable cargo transport services to neighboring countries - with the regular, on-time port calls and professional terminal services international traders require to grow their business…

Pro Nautas, Transas Sign ECDIS Contract

Oct 27, 2009

Pro Nautus GmbH and Transas Marine GmbH signed a major ECDIS contract. Transas has been one of main Pro Nautas’ suppliers since its inception. This long term association has now been strengthened with a contract to supply 86 electronic chart display and information systems (ECDIS)…

Marine Seating Goes Green

Oct 27, 2009

Leading ergonomic marine seating manufacturer STIDD Systems, Inc. and Ultrafabrics LLC, manufacturer of eco-friendly Fusion fabric, introduced the first helm seats covered in Fusion at the 2009 Fort Lauderdale International Boat Show.Soft but durable…

Globe Wireless, SingTel Renew Agreement

Oct 27, 2009

Globe Wireless announced the company has renewed its reseller agreement with SingTel. Globe Wireless provides communications and IT services to over 9,600 ships worldwide, and provides SingTel satellite services as a key part of its offering.(www.globewireless.com)(www.singtel.com)

Crowley Christens New ATB Tank Vessel

Oct 27, 2009

Crowley Maritime Corporation christened the seventh of 10 new 185,000-barrel Articulated Tug-Barge (ATB) tank vessels that the company will take delivery of in 2010 and 2011. The vessels christened were the tug Pride and barge 650-7.During the ceremonies…

Keppel FELS Delivers Rigs Early

Oct 27, 2009

Keppel FELS Ltd (Keppel FELS) has delivered two rigs safely, ahead of schedule and within budget to owners. The KFELS B Class jackup rig, Greatdrill Chitra, was delivered to India’s Greatship Global Energy Services Pte Ltd (Greatship) 12 days ahead of schedule…

Broadpoint Debuts Rate Plans, GOM

Oct 27, 2009

Broadpoint, a full-service telecommunications and network solutions company, announced that it will offer individual rate plans to offshore and marine employees in the Gulf of Mexico for the first time. Workers can now tap Broadpoint’s 100,000 square mile cellular network for voice…

Aries Regains NASDAQ Compliance

Oct 27, 2009

Aries Maritime Transport Limited (NASDAQ:RAMS) announced that it received notification from the NASDAQ Listing Qualifications department that it has regained compliance with the $1.00 minimum bid price requirement for continued listing set forth in Listing Rule 5450(a)(1)…

Eco-Friendly Ocean Motor Yacht Design

Oct 27, 2009

Designers Ken Freivokh, responsible for the Maltese Falcon; and Pat Bray, responsible for a fuel efficient, semi-displacement hull form, presented their latest project, an environmentally sound 137-ft motor yacht design. Through the use…

This Day in Coast Guard History – Oct. 28

Oct 27, 2009

1919-Congress passed the National Prohibition Enforcement Act, otherwise known as the Volstead Act, on this date.  The Volstead Act authorized the enforcement of the 18th Amendment, ratified on 29 January 1919.  The Act authorized the Coast…

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