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This Day in Coast Guard History – Feb. 23

Feb 23, 2010

1822- Congress authorized the Revenue Cutter Service to protect the natural environment by preventing 'scoundrels' from cutting live oak, needed for cutters and Navy vessels, on Florida public lands.1837-Congress called for an inspection…

This Day in Naval History – Feb. 23

Feb 23, 2010

1795 - U.S. Navy Office of Purveyor of Supplies is established. This is the Navy Supply Corps Birthday.1919 - Launching of Osmond Ingram (DD-255), first Navy ship named for an enlisted man1944 - Carrier groups under Spruance attack Saipan…

Update on Hijacking of Tug Asta

Feb 22, 2010

The ReCAAP Information Sharing Centre issued a special report on the hijacking of the tug Asta and the barge Callista (http://www.recaap.org/incident/pdf/special/2010/Special Report (Asta).pdf). An earlier report indicated that the tug and barge were probably hijacked on Feb…

New Navy Contracts

Feb 22, 2010

Raytheon Co., Integrated Defense Systems, Tewksbury, Mass., is being awarded a $27,828,683 not-to-exceed modification to previously awarded contract (N00024-05-C-5346) for common display system (CDS) hardware and software integration with the…

New USACE Contracts

Feb 22, 2010

Edward Kraemer & Sons, Inc., Plain, WI., was awarded on Feb. 12, 2010 a $19,025,000 firm-fixed-price contract. This contract is for the design/build constuction contract to design and construct safety improvements on the Mississippi River along the lower embankments at Lock & Dam 3…

APL Intra-Asia Freight Rate Increase

Feb 22, 2010

Container shipping line APL announced plans for a general rate increase in the Intra Asia trade.  The proposed increases will affect all trade from the Far East to India and Pakistan. The rises will be $100 per 20 ft container and $200 per 40-ft container and are effective 1 March 2010…

RINA Classes First Offshore LNG FSRU

Feb 22, 2010

Genoa-based classification society RINA has taken a lead in the developing market for floating LNG terminals. It has been chosen to class the first offshore Floating Storage and Regasification Unit (FSRU), and is providing studies and support for a number of further offshore LNG projects…

China Shipbuilding Gross Profit Up

Feb 22, 2010

According to a Feb. 19 report from Steelguru.com, China Knowledge quoted statistics released by the Ministry of Industry and Information Technology saying the gross output of China shipbuilding industry was $80.3b in 2009 up by 28.7% YoY. The ministry said growth was 31…

Globus Maritime Delivers Dry Bulk Vessels

Feb 22, 2010

Globus Maritime Limited (AIM: GLBS) (LSE: GLBS), the owner and operator of Handymax and Panamax dry bulk vessels, announces that it has delivered the Handymax vessels Coral Globe (built in 1994) and Sea Globe (built in 1995) to their new owners…

SEACOR Q4 Results

Feb 22, 2010

SEACOR Holdings Inc. (NYSE: CKH) announced its results for the fourth quarter of 2009. Net income attributable to SEACOR Holdings Inc. for the quarter ended December 31, 2009 was $22.2 million, or $1.04 per diluted share, on operating revenues of $476…

GAC, Nat'l Maritime College of Ireland Initiative

Feb 22, 2010

GAC, provider of shipping, logistics and marine services, announced the launch of GAC Training & Service Solutions Limited (GTSS), a new initiative that will provide training solutions for the LNG and tanker markets, as well as other commodity and maritime sectors…

SeaArk Completes Haiti Coast Guard Boats

Feb 22, 2010

SeaArk Marine, Inc. recently completed the first two boats of a five boat contract for the Haiti Coast Guard. The vessels were purchased through the Global Peace and Security Fund, administered by the Department of Foreign Affairs and International Trade (DFAIT)…

MCS Delivers Radar Services

Feb 22, 2010

Mercury Computer Systems, Inc. (NASDAQ:MRCY) , a provider of open, embedded, high-performance computing systems, software, and services for image, sensor, and signal processing applications, announced delivery of its network-enabled radar processing…

Raytheon Advances Ship Computing

Feb 22, 2010

Raytheon Company (NYSE: RTN) achieved another in a series of milestones for the Zumwalt-class destroyer program with the successful Total Ship Computing Environment (TSCE) Release 6 software specifications review. Zumwalt’s TSCE is an advanced…

Cosalt Names Cunningham to Lifeboat Div.

Feb 22, 2010

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has appointed Colin Cunningham to help drive the growth of its expanding lifeboat business both in the UK and internationally. Cunningham will be…

Logistics News

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

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