Latest News - page 2659

 

General Dynamics Wins $73m Naval Sea Systems Contract

Nov 21, 2011

General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), won a contract for Hull, Mechanical and Electrical (HM&E) Machinery and Systems support by the U.S. Navy’s Naval Surface Warfare Center, Carderock Division (NSWCCD)…

This Day in Navy History

Nov 21, 2011

November 191813- Capt. David Porter claims Marquesas Islands for the United States.1943 - Carrier force attacks bases on Tarawa and Makin begun.1943 - USS Nautilus (SS-168) enters Tarawa lagoon in first submarine photograph reconnaissance mission…

U.S. DOJ: Guilty Plea in Price Fixing Case

Nov 21, 2011

Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine…

GPA: Engineering Ideas Into Reality…

Nov 21, 2011

The motto at Guido Perla & Associates, Inc. (GPA) for over thirty years and continuing to this day has always been: Engineering Ideas into Reality. For clients worldwide, no matter how large or small the project, from single vessels to an unprecedented number of vessels in one series…

Oil & Gas Firms: Key Role in Asia

Nov 21, 2011

International oil companies remain vital to the growth of Asian oil and gas industry. Asia still requires the injection of profit-driven innovation from international oil companies, sector leaders claim. Asia needs international oil companies…

Barclay's Oil & Gas: Cautiously Optimistic

Nov 21, 2011

Walter Cumming, head of oil and gas, Barclays Corporate, weighs in. The theme of cautious optimism remains as we move towards the end of the year and all eyes are on the 2012 budget as the industry hopes to see longer-term certainty and clarity in areas such as decommissioning…

Petrobras Awards $1B Vessel Contract

Nov 18, 2011

The joint venture formed by Technip (50%) and Odebrecht Oil & Gas (OOG, 50%) received a letter of award from Petróleo Brasileiro S.A. (Petrobras) for the charter and operation, during a fixed period of five years, of two identical flexible pipeline…

Bath Iron Works Lays Keel of DDG 1000

Nov 18, 2011

On November 17, 2011, General Dynamics Bath Iron Works celebrated the keel laying of Zumwalt (DDG 1000), the first ship in the planned three-ship Zumwalt class of guided-missile destroyers.  The keel unit is the 4,000-ton, heavily outfitted mid-forebody section of the ship…

Statoil Stakes Claim Offshore Suriname

Nov 18, 2011

Statoil has acquired a 30% participating interest in block 47 offshore Suriname from Tullow Oil. Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest…

Canada Ramps up Pressure on NY over BWT

Nov 18, 2011

Yesterday’s well-attended ballast water policy teleconference briefing by the Canadian Minister of Transport served notice that Canada has no intention of allowing the state of New York to dictate ballast water regulations, nor impede commerce on the St…

Fairmount Glacier Assists Rig Scarabeo 9

Nov 18, 2011

Fairmount Marine’s powerful tug Fairmount Glacier has successfully assisted the new build semi submergible drilling rig Scarbeo 9 sailing around Cape of Good Hope. For this operation Fairmount was contracted by Saipem Energies directly after the successful installation of the floating…

German Shipbuilder Files Insolvency Petition

Nov 18, 2011

The management of J.J. Sietas KG Schiffswerft GmbH u. Co. and J.J. Sietas Verwaltungs GmbH have filed a petition for insolvency at the Municipal Court Hamburg on 17 November 2011, due to over-indebtedness. Work on ships under construction will continue…

Diana Shipping Acquires Bulk Carrier

Nov 18, 2011

Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has agreed to purchase from an unaffiliated third party the MV 'Vathy', a 2010 built Panamax dry bulk carrier of 81…

Northrop Grumman Wins $69m Deal for Topside Program Support

Nov 18, 2011

Northrop Grumman (NYSE:NOC) won a follow-on and additional task order contracts totaling $69m from the U.S. Navy's Office of Naval Research (ONR) for the Navy's Integrated Topside (InTop) program. InTop is an innovative, scalable suite of electronic warfare…

Royal Caribbean Wins Marine Environment Protection Award

Nov 18, 2011

At the North American Marine Environment Protection Association’s annual Awards dinner, Royal Caribbean Cruises, Ltd. (which includes Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises), the world’s second largest cruise company…

Logistics News

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

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US Postal Service reports $2.5 billion quarterly loss
Radev, Radev: Bulgarian airspace was affected by a drone explosion
Turkish officials claim that the passage of ships into the Black Sea is proceeding smoothly.