The Wilh. Wilhelmsen ASA (WW) maritime industry group achieved an operating income of USD 3.4 billion in 2008, up by more than 25% compared with 2007. The shipping and maritime services segments are the main contributors to the improved top line…
Thales UK announced that it has been awarded a contract by BAE Systems to upgrade three Trafalgar-class and three Astute-class submarines with the Sonar 2076 Stage 5 system. These submarines are currently fitted with the 2076 Stage 4 system…
M/V Win Far 161, which has been anchored off the Somali coast in the vicinity of Harardheere for almost 10 months has finally been released. The pirates vacated the vessel on the evening of 11 Feb and the master has taken command once more.The…
Le Havre, a French cruise port on the European west coast, has the capacity to host the biggest cruise ships in service in the world. This spring, Le Havre will see the completion of a $1.36m project that added facilities to accommodate up to 500 passengers…
The Department of the Interior’s Minerals Management Service (MMS) is issuing the final notice for a Federal oil and gas lease sale in the Central Gulf of Mexico (CGOM). Lease Sale 213 will be held March 17, 2010, in the St. Charles Club Room…
Hornbeck Offshore Services, Inc. (NYSE:HOS) announced results for the fourth quarter ended December 31, 2009. Following are highlights for this period and the Company's future outlook: -- Company initiates 2010 EBITDA and earnings guidance…
Fred P. Moosally has taken office on February 8th, 2010 as President and Chief Executive Officer of Fincantieri Marine Group (FMG), a subsidiary of Fincantieri-Cantieri Navali Italiani S.p.A. Moosally, who will report directly to Alberto Maestrini…
Samson, supplier of performance cordage, announced the promotion of Michael Quinn to director of sales over its industrial division. Quinn takes over the leadership role after eighteen month’s tenure by Terry Crump. Crump served in the leadership…
1802-Revenue Marine had a total of 38 commissioned officers in service: 9 captains, 10 first mates, 9 second mates and 10 third mates.1983-The 605-foot collier Marine Electric capsized and sank off Virginia during a gale. Three of the 34…
1945 - USS Batfish (SS-310) sinks second Japanese submarine within three days1947 - First launching of guided missile (Loon) from a submarine, USS Cusk(Source: Navy News Service)
At the Baltic Sea Action Summit in Helsinki on Feb. 10, Nord Stream took a further concrete step in line with its firm commitment to preserve the Baltic Sea. Nord Stream decided to establish a new Data and Information Fund to utilize its extensive…
Feb. 9 marked the official start of the 2010 cruise season with the christening of the AIDAblu. According to media reports, tens of thousands of locals and numerous onlookers who had come to Hamburg especially for the event followed the ceremony at Hamburg’s Fischmarkt…
Commenting on Bourbon’s 2009 annual revenue results, Jacques de Chateauvieux, Chairman & Chief Executive Officer of Bourbon said: “With 71 new units coming into the fleet in 2009, annual revenues from Bourbon owned Offshore vessels alone saw growth of 27%…
KVH Industries, Inc., (NASDAQ:KVHI) reported financial results for the fourth quarter ended December 31, 2009. Revenue for the fourth quarter of 2009 was $26.3 million, up 24% from the quarter ended December 31, 2008. Net income for the period was $1…
Crowley's Puerto Rico/Caribbean liner services group announced two management appointments on Feb. 9 — Rudy Leming to vice president, marine & terminal operations, and Matt Jackson to vice president, Caribbean Island services. Both will report to John Douglass…
