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Latest News - page 2788

 

Middle-Man Negotiates Pirate Ransoms

May 14, 2010

According to a May 13 report from the Associated Press, a Somali “pirate middle-man” said he's made hundreds of thousands of dollars brokering deals to free ships and their cargos after pirates attack. The 32-year-old Somali, who would be identified only by his alias…

Panama Canal CEO on Progress of Expansion

May 14, 2010

Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta addressed hundreds of participants at this year’s International Navigation Organization’s (PIANC) 32nd Congress May 11 in Liverpool, United Kingdom. During his keynote address…

BP Disaster Strands Billions of Barrels of Crude

May 14, 2010

According to a May 13 report from Bloomberg, a regulatory crackdown on offshore oil drilling after the fatal rig explosion in the Gulf of Mexico will delay development of U.S. deposits with billions of barrels of crude and may spawn industry job cuts…

Venezuela Offshore Rig Sinks

May 14, 2010

According to a May 13 report from The New York Times, President Hugo Chávez announced early in the day that an offshore natural gas exploration rig, the Aban Pearl, leased to Venezuela’s national oil company sank off the coast of northeastern…

Canada's New Offshore Rules

May 14, 2010

According to a May 11 report from The Gazette, Canadian regulators relaxed offshore drilling regulations late last year, giving the energy industry more flexibility when putting in place safeguards against oil spills. Previously, companies were required to install specific kinds of equipment…

Tognum Completes First Quarter as Expected

May 14, 2010

The specialist for propulsion and power solutions Tognum has completed the first three months of the current financial year in line with expectations and confirms its forecast for the full year. “Despite the modest quarterly revenues as expected…

Geo Shipyard Delivers to USACE

May 14, 2010

The Redlinger and the Elton, both 60-ft Hysucraft (hydrofoil supported catamarans), are survey vessel sister ships designed and built for the United States Army Corps of Engineers. They are serving the Portland Oregon district. Redlingers mission is in Portland along the Columbia River…

NG Continues Design of Gerald R. Ford

May 14, 2010

Northrop Grumman Corporation (NYSE:NOC) has been awarded a $186.6m cost plus fixed fee contract from the U.S. Navy to continue the engineering and design effort for the nation's newest nuclear-powered aircraft carrier, USS Gerald R. Ford (CVN 78)…

Wallenius Wilhelmsen Zero Emissions Terminal

May 14, 2010

It is the ocean cargo terminal of the future, powered by the sun and wind. The futuristic terminal has no conventional power, uses no fossil fuels and releases no harmful emissions into the atmosphere. Named after an endangered species of beaver…

This Day in Coast Guard History – May 14

May 14, 2010

1908-An Act of Congress (35 Stat. L., 160, 162) delegated to the Lighthouse Board the duty of caring for and maintaining the anchorage buoys previously placed by the United States in the harbors of New York and Philadelphia.1951- USS Valcour was rammed by the collier Thomas Tracy…

This Day in Naval History – May 14

May 14, 2010

1801 - Tripoli declares war against the United States1836 - U.S. Exploring Expedition authorized to conduct exploration of Pacific Ocean and South Seas, first major scientific expedition overseas. LT Charles Wilkes USN, would lead the expedition in surveying South America…

Serodino Builds to Own Account

May 12, 2010

Tennessees Serodino, Inc. recently built one of their popular Tiger class push boats for their own use. The M/V Charger, like others in the class, is 51.5 by 22.5 ft with a 5.5 ft draft. The hull is constructed of 3/8-inch plate with 1/2-inch plate over the propellers and bilge knuckles…

LLNL & Veritainer R&D Agreement

May 12, 2010

Lawrence Livermore National Laboratory (LLNL) and VeriTainer Corporation have entered into a Cooperative Research and Development Agreement (CRADA). The CRADA will be used to refine and enhance VeriTainer’s patented crane mounted scanning (CMS) technology…

Questions on MMS's Policing of Oil Companies

May 12, 2010

According to a May 11 report from The Wall Street Journal, an engineer for the MMS, the agency that serves as a watchdog over the oil industry, testified Tuesday, May 12 that he didn't know the agency's own regulations for a key piece of equipment designed to prevent an explosion on an offshore rig…

Strategic Marine Launches Caballo Maya

May 12, 2010

Strategic Marine has successfully launched the first of two 496 ft Dive Supports Vessels, Caballo Maya (Hull 156) in Vietnam. The vessel was launched on the 5th of April, 2010, with the second vessel (Hull 157) approximately 90% complete and eight weeks from completion…

Logistics News

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

European Wheat Prices Fall on Hopes of Black Sea Peace

European Wheat Prices Fall on Hopes of Black Sea Peace

80 Vessels Queue to Enter the Danube

80 Vessels Queue to Enter the Danube

The Switch Receives Highest Marine Electric Machine Orders to Date in July

The Switch Receives Highest Marine Electric Machine Orders to Date in July

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