The National Shipbuilding Research Program (NSRP) Portable Automated Bulkhead and Hull Straightener project has been completed with a final demonstration conducted at Northrop Grumman Shipbuilding – Gulf Coast in September 2009. This project expanded upon a previous project…
For the quarter ended September 30, 2009, Omega Navigation reported total revenues of $14.3 million and Net Income of $1.9 million, or $0.12 per basic share, excluding losses on interest rate derivative instruments and incentive compensation grants expense…
1904-Near Oak Island and Fire Island, New York the American schooner Frank W. McCullough ran aground on Fire Island Bar, 2 miles from the former station and 4 from the latter, at about 9 am. The Oak Island crew reached the vessel at 10:30 am and the Fire Island crew a half hour later…
1826 - Captain Thomas ap Catesby Jones of USS Peacock and King Kamehameha negotiate first treaty between Hawaii and a foreign power.1910 - LT Theodore G. Ellyson becomes first naval officer sent to flight training.1941 - Gallant defenders of Wake Island (Sailors…
Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company determined the terms and conditions for the issuance of its 13th series of unsecured bonds (with inter-bond pari passu clause) on December 11, 2009, and completed the issuance and payment on December 17…
Topaz Energy and Marine announced that it had raised $42m from Standard Chartered Bank, Dubai in support of its fleet expansion plans, taking its total financing raised in 2009 to $150m.Topaz has contracted over $150m in bank finance in…
Wilhelmsen Ships Service has opened its twentieth port office in Australia. The new office is in the remote port of Broome. Over 2000km from Perth and almost 2000km from Darwin, Broome is in close proximity to the rapidly growing oil and…
'The increased demand for point-to-point service requires the use of transshipment hubs to coordinate feeder services to and from countries and ports with low-volume throughput,' said Mike Lee, Consultant, Transportation & Logistics, Asia Pacific at Frost & Sullivan…
Austal hosted an abbreviated U.S. Navy keel-laying ceremony for its second Littoral Combat Ship, Coronado (LCS 4). Fabrication has started on twelve of the twenty-eight modules that will make up this 416.6 ft trimaran design. Six of the…
The Hong Kong Marine Department issued a notice stating that, effective immediately, it will mark new dangerous wrecks in Hong Kong waters with the Emergency Wreck Marking Buoy recommended by the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA)…
The Co-Chairs of the Joint Coordinating Group of the Cooperative Vessel Traffic Service announced the 30th anniversary of the establishment of the Cooperative Vessel Traffic Services Agreement for the Juan de Fuca region. This agreement between the Government of Canada…
The U.S. Coast Guard released its top 11 video compilation for 2009. The top 11 video compilation (presented in no particular order) is available for viewing and downloading from the Coast Guard Visual Information site at: http://cgvi.uscg.mil/media/main…
The U.S. Coast Guard issued a safety alert reminding mariners, particularly during the holiday season, to not activate display lights that obscure the required navigational lights, unless operating in a holiday boat parade or when the vessel is secured dockside…
Mitsui O.S.K. Lines, Ltd. (MOL) announced development of a carbon-dioxide-reducing, efficiency-boosting fuel additive for merchant ships, in conjunction with Taihokohzai Co., Ltd., Japan’s largest fuel additive manufacturer. MOL will use the new additive…
American Commercial Lines Inc. (NASDAQ: ACLI) (ACL) announced that on December 15, its Manufacturing Division, Jeffboat, accomplished the safety milestone of working two million hours without a lost time injury (an injury requiring time off…
