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This Day in Coast Guard History – Nov. 17

Nov 16, 2009

1950-A dedication of the monument erected in Arlington National Cemetery on the gravesite of those who lost their lives on the night of 29 January 1945, when USS Serpens was destroyed off Lunga Beach, Guadalcanal. This was the largest single disaster suffered by the Coast Guard in World War II…

This Day in Naval History – Nov. 17

Nov 16, 2009

1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies.1856 - Barrier Forts reduction began at Canton China.1942 - Navy's first Night Fighter squadron (VMF(N)-531) established at Cherry Point…

Guidance on Compliance with ITAR

Nov 15, 2009

The U.S. Coast Guard issued an updated advisory concerning the placement of firearms on U.S. vessels to defend against or deter pirate attacks in high-risk waters. The advisory summarizes issues related to compliance with the International Traffic in Arms Regulations (ITAR)…

Two Oil Tankers Impounded

Nov 15, 2009

According to a Nov. 14 report from New Straits Times, Malaysian Maritime Enforcement Agency southern region enforcement officers impounded two Singaporean-owned cargo tankers and detained 21 crew members for illegally transferring fuel between the vessels on Wednesday…

Stolt-Nielsen S.A. Interim Dividend

Nov 15, 2009

Stolt-Nielsen S.A. (OsloBørs: SNI) announced that the company's Board of Directors approved the payment of an interim dividend of $0.50 per Common Share on December 9, 2009 to shareholders of record as of November 25, 2009. In accordance with normal settlement practice…

ABS Elects Corporate Officers

Nov 15, 2009

The ABS Board of Directors has elected two senior executives of the classification society to the position of Corporate Officers. Mark A. McGrath currently serving in the appointed role of President and Chief Operating Officer of the ABS Pacific Division and Kenneth L…

ABS Named Best Regional Class Society

Nov 15, 2009

ABS was named Best Classification Society during the recent Lloyd’s List Middle East & Indian Subcontinent Awards held in Dubai. The award ceremony is one of six regional events hosted by the industry’s daily newspaper to benchmark excellence within the maritime industry…

Central GOM Lease Sale

Nov 15, 2009

Secretary of the Interior Ken Salazar announced the Department will hold an oil and natural gas lease sale for the Central Gulf of Mexico Outer Continental Shelf that will offer nearly 36 million acres and could produce up to 1.3 billion barrels of oil and 5…

Conrad Industries Q3 2009 Results

Nov 15, 2009

Conrad Industries, Inc. (Pink Sheets: CNRD) announced its third quarter and nine months 2009 results.For the quarter ended September 30, 2009, Conrad had net income of $2.8m and earnings per diluted share of $0.43 compared to net income of $4…

Guilty Plea, Bribing Officials for Contract

Nov 15, 2009

Charles Paul Edward Jumet of Fluvanna County, Va., pleaded guilty on Nov. 13 in connection with his role in a conspiracy to pay bribes to Panamanian government officials to secure a maritime contract, announced Assistant Attorney General of the Criminal Division Lanny A…

APR Labs Greener Method of Propulsion

Nov 15, 2009

In 2006, Aries Propulsion Research Labs (APR Labs) introduced a new method of propulsion technology labeled Omni-Directional Propulsion (ODP). The method was created by designer Chris B. Hewatt and was first published on the United States Patent…

New Navy Contracts

Nov 15, 2009

Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded a $6,000,000 modification to previously awarded contract (N00024-08-C-2100) for the accomplishment of the fiscal year 2008 Extended Drydocking Selected Restricted Availability (EDSRA) of USS Enterprise (CVN 65)…

ASL Marine Gowing Strong

Nov 15, 2009

If there is a slowing in the marine industries no one told the people at ASL Marine in Singapore. Among other projects the shipyard is building a series of Roto Tugs, a series of large PSVs and a 196.8-ft dive support vessel. In November…

U.S. Shipping Partners Exits Chapter 11

Nov 15, 2009

U.S. Shipping Corp, formerly known as U.S. Shipping Partners L.P., announced it has emerged from Chapter 11 bankruptcy protection pursuant to the Third Plan of Reorganization approved by the U.S. Bankruptcy Court for the Southern District of New York on October 1…

This Day in Coast Guard History – Nov. 16

Nov 15, 2009

1950-A dedication of the monument erected in Arlington National Cemetery on the gravesite of those who lost their lives on the night of 29 January 1945, when USS Serpens was destroyed off Lunga Beach, Guadalcanal. This was the largest single disaster suffered by the Coast Guard in World War II…

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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