Dril-Quip, Inc. (NYSE:DRQ) announced net income of $28.7 million, or $0.72 per diluted share for the three months ended December 31, 2009, versus net income of $25.0 million, or $0.64 per diluted share for the fourth quarter of 2008. Total revenues increased to $141…
Navios Maritime Partners L.P. announced that the Navios Apollon and her crew were released on Feb. 27 2010. Navios Partners reported that the Captain and crew are healthy and will be reunited with their families shortly. Navios Partners thanks the Captain…
Ryder System, Inc. (NYSE: R) has signed a joint venture (JV) partnership with Cargo Services Far East Limited (CSFE), an Asia-based logistics solutions provider specializing in export consolidation services. The combined capabilities of the companies will create a comprehensive…
The Lewis and Clark-class of dry cargo/ammunition ships — the Navy's newest class of logistics ships, also called T-AKEs — continued to grow with the launch of the 10th ship in the class and the delivery of the ninth to the U.S. Navy's Military Sealift Command…
Royal Caribbean’s Oasis of the Seas, the world’s largest cruise ship, has been equipped with MTN Satellite Communications’ (MTN) state-of-the-art VSAT satellite communications system. The 1,184-ft, 225,282-gross ton Oasis of the Seas carries up to 5…
Crowley Liner Services, Inc., Jacksonville, Fla., has been awarded a sole-source letter contract to obtain emergency port related services in Haiti. The contract has a not-to-exceed amount of $22,000,000. The contract is for services required…
Lockheed Martin Maritime Systems and Sensors, Syracuse, N.Y., is being awarded a $14,700,000 modification to previously awarded contract (N00024-09-C-6238) for the production of five TB-29A thin line towed arrays (TLTA). The TB-29A TLTA is…
Weeks Marine, Inc., Covington, La., was awarded on Feb. 25, 2010, a $58,509,050 firm-fixed-price contract for work consisting of mechanical and hydraulic construction of containment levees requiring deep excavation to minus-70 ft, shoreline protection…
Gary Quenan, Chairman of SSP Offshore Inc., announced that Paul Illingworth has agreed to join SSP Offshore as Chief Executive Officer. Illingworth has over 30 years experience in the offshore oil and gas business, prior to which he served seven years in the British Navy…
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced its results for the fourth quarter of 2009 and year ended December 31…
Oceania Cruises celebrated two milestones on February 26 at the Fincantieri shipyard near Genoa. The building dock for its new 1,258-guest, flagship Marina began filling with water and the first steel was cut for Riviera, a sister ship. Marina is scheduled to sail her maiden voyage on January 22…
1792- Congress authorized the revenue cutters to fire on merchant ships that refused to 'bring to.' 1799- Congress authorized that 'Revenue Cutters shall, whenever the President of the United States shall so direct, cooperate with the Navy…
1859 - Launch of Saginaw at Mare Island, first Navy ship built on West Coast of U.S.1867 - Birthday of Civil Engineer Corps.1899 - Act of Congress creates the rank Admiral of the Navy for George Dewey.1973 - Women begin pilot training to U.S. Navy.(Source: Navy News Service)
Lawrence Robert “Larry” Glosten, founder of The Glosten Associates, a Seattle naval architecture firm, died February 22, 2010 in his home on Bainbridge Island, Wash. He was 91.Glosten graduated from Webb Institute of Naval Architecture and Marine Engineering in 1940…
The Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a hearing on the FY 2011 Budget for the Coast Guard, the Maritime Administration, and the Federal Maritime Commission…
