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Marine Insurance claims Training Initiative From Braemar

Aug 25, 2011

Braemar (incorporating The Salvage Association) has announced dates for its latest Port and Shipyard Familiarisation Courses to be held at Falmouth.The courses are part of the company’s ongoing commitment to assist its clients by providing…

GRC43m: Completing E. Coast Demo Tour

Aug 25, 2011

The Westport GRC43m (Global Response Cutter) “Solution” is completing the East Coast leg of the US tour, demonstrating the vessel to Domestic and Foreign Military agencies, Vice President of Westport Philip Purcell notes. Westport’s Business Model-Series built vessels--delivers a fast…

DryShips Acquires OceanFreight Inc.

Aug 25, 2011

DryShips Inc. (NASDAQ: DRYS) and OceanFreight Inc. (NASDAQ: OCNF) announced that DryShips has acquired 3,000,856 shares of OceanFreight Inc. The shares were acquired from entities controlled by Mr. Anthony Kandylidis, the CEO of OceanFreight…

This Day in Navy History

Aug 25, 2011

1843 - Steam frigate Missouri arrives at Gibralter completing first Trans-Atlantic crossing by U.S. steam powered ship.1942 - Five Navy nurses who became POWs on Guam repatriated .1951 - 23 fighters from USS Essex (CV-9) escort Air Force heavy bombers attacking Najin…

Cargotec wins Award from MHI Shimonoseki Shipyard

Aug 25, 2011

Cargotec won the Best Supplier award 2010 from Mitsubishi Heavy Industries Shimonoseki shipyard in Japan. It was given to Cargotec’s Offshore business and local Japanese team and, in part, is recognition of the company’s drive to understand…

FRV Construction Starts in Rauma Shipyard

Aug 25, 2011

On 25 August 2011 STX Finland Oy's Rauma Shipyard started the production of an innovative fisheries reseach vessel ordered by the Ministry of Fisheries and Marine Resources of the Republic of Namibia. NB 1378 will be delivered during the summer of 2012…

APL Logistics wins Emerson Rosemount’s Supplier Award

Aug 25, 2011

APL Logistics has received the best supplier award from global manufacturing technology giant Emerson’s Rosemount business unit for the second year in a row.  Tom Moser, President of Emerson Process Management, handed out the 2010 Supplier of…

LRAD Corp. Wins $1.5m Navy Deal

Aug 24, 2011

LRAD Corporation (NASDAQ: LRAD) announced a $1.5m  in new LRAD orders from the U.S. Navy. The orders, which consist primarily of LRAD 1000X systems and support equipment, are scheduled to ship this quarter. “This is the latest in a series of LRAD orders we’ve received from the U…

OceanFreight Inc. Reports 2Q Results

Aug 24, 2011

OceanFreight Inc. (NASDAQ: OCNF) announced for the three-month period ended June 30, 2011 the company reported a Net Loss of $1 million or $0.16 basic and diluted loss per share. Included in these results is a loss of $2.0 million associated with the sale of M/T Olinda…

This Day in Navy History

Aug 24, 2011

1814 - British invasion of Maryland and Washington, D.C.; Washington Navy Yard and ships burned to prevent capture by the British1912 - Launching of USS Jupiter, first electrically propelled Navy ship 1942 - U.S. carrier aircraft begin 2…

AIDA, Lissi Set Sail Together - Aprentices on Training Ship

Aug 24, 2011

AIDA Cruises announced the signing of a cooperation treaty with the training ship society 'Großherzogin Elisabeth e.V.' With this cooperation, the apprenticeship at AIDA will offer even more on-the-job experience. Young academics and mechatronics…

Hamburg Süd Expands in West Coast Central America

Aug 24, 2011

Effective from 4 September 2011, Hamburg Süd will expand its coverage of West Coast Central America by joining APL in a two loop service concept (WECA).- String 1 (WCX – WECA1) will deploy three vessels of 1.300 TEU nominal capacity and has…

Statoil: Third Gullfaks License Discovery

Aug 24, 2011

An exploration well and a sidetrack currently being completed by Statoil near Gullfaks South have yielded the third discovery made in the Gullfaks licence so far this year.This confirms yet again that infrastructure-led exploration is important…

Marine Insurance Claims Training Initiative from Braemar

Aug 24, 2011

Braemar (incorporating The Salvage Association) has announced dates for its latest Port and Shipyard Familiarisation Courses to be held at Falmouth.The courses are part of the company’s ongoing commitment to assist its clients by providing…

Hyundai Heavy Completes Test for Ice-breaking Ore Carrier

Aug 24, 2011

Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the completion of the final performance test for a model ship of 190,000 DWT ice-breaking iron ore carriers at Institute for Ocean Technology in Canada.When the actual 190…

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