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…
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…
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…
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)…
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 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…
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…
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…
On the morning of 12 November, east in the Gulf of Aden, two merchant vessels were attacked by pirates. There are no reports of casualties.The first attack was on MV Full Strong, a Hong Kong flagged 721.8 ft long Bulk Carrier. MV Full Strong…
Netherlands based Datema and its ENCTrack service has been awarded the 2009 maritime innovation award for its innovative approach to the distribution and management of electronic navigational chart services.It helped to define the overall project deliverables for ENCTrack…
Early this morning on 11 November a Greek owned (Marshall Island flagged) vessel named the MV Filitsa was hijacked in the south Somali Basin, 400 nautical miles North East of the Seychelles. The Bulk Carrier with a deadweight of 23,709 tonnes has a crew of 22 consisting of 3 Greek and 19 Philipino…
TOP Ships Inc. (NasdaqGS:TOPS) announced its operating results for the third quarter and nine months ended September 30, 2009. For the third quarter of 2009, the company reported net income of $329,000 or $0.01 per share, compared with net income of $41…
Moffatt & Nichol announced that it has recently signed a contract with the Bulgarian Ports and Infrastructure Company for detailed design of two new container terminals at the Black Sea ports of Varna and Bourgas in the Republic of Bulgaria…
According to a Nov. 10 report from the Daily Press, Newport News-based Davis Boat Works Inc., Portsmouth-based Associated Naval Architects, Norfolk's Lyon Shipyard and Tecnico Corp. in Chesapeake all got a boost from the Navy last week, receiving a combined $127…
Two terminals in the Port of Cartagena have been certified by Germanischer Lloyd (GL) according to the Container Terminal Quality Indicator (CTQI) standard. Both terminals are operated by Sociedad Portuaria Regional de Cartagena S.A. (SPRC)…
