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Panama Canal Receives Bids, Dry Excavation

Dec 24, 2009

The Panama Canal Authority (ACP) received four bids on Dec. 22, moving the ACP one step closer to awarding the fourth dry excavation (PAC-4) contract under the waterway’s Expansion Program. Now, the ACP will thoroughly analyze the technical…

Megacore Shipping New Product Tankers

Dec 24, 2009

Omega Navigation Enterprises, Inc. (NASDAQ:ONAV, SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced that it has formed an equal partnership (50/50) joint venture company with Topley Corporation…

Jumbo Jubilee Maiden Voyage

Dec 24, 2009

Jumbo Shipping’s latest newbuild, HLV Jumbo Jubilee, completed its maiden voyage after successfully loading, transporting and installing two 1250 t shiploaders for FL Smidth in challenging circumstances. The Jumbo Jubilee started her first voyage from her home port Rotterdam…

Euroseas Charter for M/V Aristides NP

Dec 24, 2009

Euroseas Ltd., (NASDAQ: ESEA) an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced that a subsidiary of the company has entered into a two-year period time charter agreement for the M/V Aristides NP…

RSGT Starts Commercial Operations

Dec 24, 2009

The completion of the first phase of Jeddah Islamic Port's newest world-class container facility, Red Sea Gateway Terminal (RSGT), was celebrated on 22 December 2009 with the arrival of UASC's Vessel Al Muttanabi.Located at the northern end of the Jeddah Islamic Port (JIP)…

New Navy Contracts

Dec 24, 2009

YYK Enterprises, Inc., National City, Calif., is being awarded a firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a maximum ceiling amount of $16,250,000, to provide interior and exterior preservation services onboard…

Cummings Congratulates CG Commandant Nominee

Dec 24, 2009

Congressman Elijah E. Cummings (MD-7) congratulated VADM Robert J. Papp Jr., President Obama’s choice to become the next Commandant of the United States Coast Guard. If he is confirmed by the Senate, Papp would replace Admiral Thad Allen as the 24th Commandant of the Coast Guard in May 2010…

CMA CGM Financial Restructuring

Dec 24, 2009

CMA CGM announced that an agreement was reached with its financial partners leading to the allowance of a 500 million dollar credit line, payable to the Group in January 2010.   This important step will enable the Group to pursue the current…

Lluavi Puts Mexican Shipbuilding on the Map

Dec 24, 2009

Strategic Marine Mexico recently launched the second 170.6 ft Crew Boat, the LLuavi, for Arrendadora Ocean Mexicana (Blue Marine). The two 170.6 ft Crew Boats, Aramara and Lluavi, has seen Blue Marine become the only Mexican ship owner to build offshore vessels in Mexico…

This Day in Coast Guard History – Dec. 24

Dec 24, 2009

1955- A Coast Guard helicopter was the first rescue unit to reach a flood disaster scene in northern California.  Its crew hoisted 138 persons to safety within 12 hours. The first 58 were made possible because of the light from a small handheld searchlight from positions of peril among chimneys…

This Day in Naval History – Dec. 24

Dec 24, 2009

1814 - Treaty of Ghent ends the War of 1812.1864 - Naval Forces under Rear Admiral David Dixon Porter with Army forces under Major General Benjamin F. Butler begin unsuccessful two-day attack against Fort Fisher, NC.1950 - Under cover of naval gunfire support…

MAN Diesel to Feature High-Speed Engines

Dec 22, 2009

MAN Nutzfahrzeuge will transfer part of its business involving high-speed engines to the group’s sister company, MAN Diesel. With effect from 1 January 2010, these activities will be integrated into MAN Diesel to form a Business Unit High Speed…

Royal Navy Frigate Upgrades with Thales Sonar

Dec 22, 2009

One of the Royal Navy’s (RN’s) most advanced Type 23 frigates has re-entered operational service, fitted with Thales’s Sonar 2087 system, following a period of sea trials.HMS Sutherland has been declared fit for operational service after trials of its major sonar and defensive systems…

Russian-Norwegian Project on Barents Sea

Dec 22, 2009

The Barents 2020 cooperation project on safeguarding petroleum activities in the Barents Sea was concluded on Dec. 18 at a conference in Moscow. More than 100 Russian and Norwegian experts have worked together for close to three years on identifying common rules and standards for health…

KVH’s Mini-VSAT Broadband Gov’t Approval

Dec 22, 2009

KVH Industries, Inc., (Nasdaq: KVHI) announced that the Federal Communications Commission (FCC) has granted permanent “Earth Station onboard – Vessel” or ESV license authority for KVH’s mini-VSAT Broadband satellite communications service. This…

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