At the Baltic Sea Action Summit in Helsinki on Feb. 10, Nord Stream took a further concrete step in line with its firm commitment to preserve the Baltic Sea. Nord Stream decided to establish a new Data and Information Fund to utilize its extensive…
Feb. 9 marked the official start of the 2010 cruise season with the christening of the AIDAblu. According to media reports, tens of thousands of locals and numerous onlookers who had come to Hamburg especially for the event followed the ceremony at Hamburg’s Fischmarkt…
Commenting on Bourbon’s 2009 annual revenue results, Jacques de Chateauvieux, Chairman & Chief Executive Officer of Bourbon said: “With 71 new units coming into the fleet in 2009, annual revenues from Bourbon owned Offshore vessels alone saw growth of 27%…
KVH Industries, Inc., (NASDAQ:KVHI) reported financial results for the fourth quarter ended December 31, 2009. Revenue for the fourth quarter of 2009 was $26.3 million, up 24% from the quarter ended December 31, 2008. Net income for the period was $1…
Crowley's Puerto Rico/Caribbean liner services group announced two management appointments on Feb. 9 — Rudy Leming to vice president, marine & terminal operations, and Matt Jackson to vice president, Caribbean Island services. Both will report to John Douglass…
According to a Feb. 8 report from The Sofia Echo, a Russian flagged ship, Irtysh 1, has been forced onto the shallow waters and sand of Bourgas Bay, the Bulgarian Ministry of Transport said on its website. Strong winds and high seas tore the…
The Australian Quarantine and Inspection Service (AQIS) refused the German registered cargo ship Tatiana Schulte permission to enter Australia on Feb. 5. AQIS took the action following reports by the vessel master of burnt pine longicorn beetle on the ship…
Viking Life-Saving Equipment A/S CEO and Group Managing Director, Kjeld Amann, will retire following the group’s annual general meeting on March 15, 2010. During Amann’s tenure as CEO the group has grown its business volume considerably. The company has enlarged its global owned network of sales…
American Commercial Lines Inc. (NASDAQ: ACLI) announced results for the fourth quarter and year ended December 31, 2009. Revenues for the quarter were $226.9 million, a 16.4% decrease compared with $271.6 million for the fourth quarter of 2008…
The Subcommittee on Water Resources and Environment of the House Committee on Transportation and Infrastructure conducted a hearing on Asian carp and the Great Lakes. In his statement, Representative James Oberstar (D-MN) discussed the threat posed by the Asian carp to the Great Lakes ecosystem…
A report published by Fairplay shows new orders for liquid petroleum gas (LPG) fleet tankers currently stand at 191 to the end of 2013, which is 50 percent less than the previous five years or 40 percent if measured in cubic metres (m3) “The…
Wärtsilä has introduced a new portfolio of services, Environmental Services, to both the marine and energy market. Environmental Services will help customers to minimize emissions into the air and water, and help them to meet increasingly stringent legislation and regulations…
Offshore shipping companies are increasingly turning to diesel electric propulsion systems as an efficient means of meeting the performance requirements for modern platform supply vessels. Builders in the U.S., China, Singapore and Norway have all delivered a variety of diesel electric vessels…
1973-Due to 'Vietnamization', the draw-down of U.S. forces in Vietnam, the post of Senior Coast Guard Officer, Vietnam was discontinued.(Source: USCG Historian’s Office)
1862 - SecNav directs formation of organization to evaluate new inventions and technical development which eventually led to National Academy of Science.1971 - U.S. and USSR sign a treaty prohibiting the deployment of nuclear weapons on the ocean floor.(Source: Navy News Service)