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)
The Seamen’s Church Institute (SCI) has published Preliminary Guidelines: Post-Piracy Care for Seafarers, outlining preliminary strategies on caring for seafarers (merchant mariners) affected by piracy. The document, based on cutting-edge mental…
On Feb. 9 2010, the Panama flagged bulk carrier MV Al Khaliq, with a crew of 26 (24 Indians and 2 Burmese), was released after payment of a ransom. The MV Al Khaliq was hijacked on the early morning on the Oct. 22 2009, 180 nautical miles west of the Seychelles…
Argosy Transportation Group, Inc., Bellaire, Texas, has signed a contract with Trinity Marine Products, Inc., Madisonville, La., to build the Jean-M 2501, a 250-ft by 54-ft by 12-ft inland deck barge. The vessel, designed by Bristol Harbor Group…
On Feb. 9, WIN Group, the Haitian enterprise that owns and operates Terminal Varreux in Port-au-Prince, and Seacor Holdings Inc. announced that emergency repairs have enabled tanker shipments of fuel to resume to Haiti. Restoration of Terminal…
In the fourth quarter 2009 STX Europe reported an EBITDA of NOK -44 million compared with NOK -728 million in the fourth quarter of 2008. The 2009 preliminary EBITDA was NOK 133 million compared with NOK -400 million in 2008. Offshore & Specialized…
Washburn & Doughty Associates, Inc. of East Boothbay, Maine is pleased to unveil its new 80-ft by 33.8-ft Z-Drive Tug design. The vessel is designed for ship handling and harbor work. It admeasures less than 150 gross tons allowing it to operate without a load line assignment…
On Feb. 5, Port Everglades and SeaFreight Line celebrated the 100th voyage of the MV Stadt Rendsburg from the South Florida seaport. Built in 2004, the 1,100-TEU containerized cargo vessel has spent its entire working career home-ported at Port Everglades and sailing every three weeks to Jamaica…
