Latest News - page 2814

 

This Day in Naval History – Feb. 25

Feb 24, 2010

1861 - Saratoga, member of U.S. African Squadron, captures slaver sloop Express1933 - Commissioning of USS Ranger, first true aircraft carrier1959 - USS Galveston fires first Talos surface-to-air missile(Source: Navy News Service)

Air Bubbles to Reduce CO2 Emissions

Feb 24, 2010

NYK and Mitsubishi Heavy Industries, Ltd. are to begin experiments on an air-lubrication system to reduce CO2 emissions during marine transport. Jointly developed by the two companies, the system effectively reduces the frictional resistance…

Management Change at Davie Yards

Feb 23, 2010

Davie Yards Inc. (TSX:DAV) announced that Alain Tanguay has tendered his resignation as Chief Financial Officer of the Corporation, effective February 26, 2010, to pursue other career opportunities. The Corporation has begun a search for a new CFO…

MOL Carriers Rescue Students

Feb 23, 2010

Mitsui O.S.K. Lines, Ltd. announced that its woodchip carriers Hokuetsu Delight and Crystal Pioneer searched for survivors of a training ship 550 km southeast of Rio de Janeiro in the South Atlantic, and rescued all 64 who had been aboard, including…

Offshore Wind Demo Project

Feb 23, 2010

The U.S. Army Corps of Engineers (USACE) issued a notice stating that it intends to prepare a draft environmental impact statement for the proposed Duke Energy Carolinas, LLC Offshore Wind Demonstration Project for construction of up to three power generating wind turbines within Pamlico Sound…

Great Lakes 2010 Pilotage Rates

Feb 23, 2010

The U.S. Coast Guard issued a final rule establishing the rates for pilotage services on the Great Lakes. With effect from August 1, the rates will increase by an average of 5.07%. 75 Fed. Reg. 7958 (February 23, 2010).(Source: Bryant’s Maritime News)

Star Bulk Q4 & Year End Results

Feb 23, 2010

Star Bulk Carriers Corp. (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the fourth quarter and the year ended December 31, 2009. Akis Tsirigakis…

Incat Crowther Monohull Crewboat

Feb 23, 2010

Incat Crowther announced construction of a 118 ft Monohull Crewboat for the Brazilian oil giant, Petrobras. This vessel is one of the first projects to take advantage of Incat Crowther’s new USA office. The vessel, under construction by ETP Engenharia Ltda in Rio de Janeiro…

New Navy Contract

Feb 23, 2010

Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded a $19,400,942 modification to previously awarded contract (N00024-08-C-2100) for planned and growth supplemental work for the accomplishment of the fiscal year 2008 extended…

NewLead Holdings Buys Vessels

Feb 23, 2010

NewLead Holdings Ltd. (NASDAQ:NEWL) announced that it has signed a Stock Purchase Agreement providing for the purchase of two Kamsarmaxes for an aggregate purchase price of $112.7m and signed a Memorandum of Agreement for the sale of the product tanker Chinook for $8…

Navios Reports Q4 Results

Feb 23, 2010

Maritime Holdings Inc. (NYSE:NM) , a global, vertically integrated seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2009. Angeliki Frangou, Chairman and CEO of Navios Holdings…

Wärtsilä Slow Steaming Upgrade Kits

Feb 23, 2010

Wärtsilä has signed a contract with the German shipowner Jüngerhans, located in Haren (Ems), Germany, to refit two of its vessels with Wärtsilä Slow Steaming Upgrade Kits to cut fuel costs. The 1997-built vessels are equipped with 7-cylinder Wärtsilä RTA62U main engines…

U.S. Navy Rescues Ship, Catches Pirates

Feb 23, 2010

According to a Feb. 23 report from Reuters, a U.S. Navy warship prevented an attack on a Tanzanian ship and apprehended eight suspected pirates in the process, the U.S. Embassy in Tanzania said. USS Farragut dispatched an SH-60B Seahawk helicopter…

Seakeeper New Rep Firm Commar Sales

Feb 23, 2010

Seakeeper has brought on ComMar Sales to handle the East Coast, South, Gulf Coast and Florida distribution of its line of Gyro Stabilization Systems. ComMar will represent Seakeeper in Alabama, Connecticut, Delaware, Florida, Georgia, Kentucky…

CEPSA Panama New Barge, Port of Cristobal

Feb 23, 2010

CEPSA Panamá, consolidated as physical supplier of marine fuel at both sides of the Panama Canal, set up a new barge at the port of Cristobal. The Panabunker-Once started operations Jan. 22 2009. The barge supplies the container terminal of Port of Manzanillo…

Logistics News

Hapag-Lloyd, CMA CGM Suspend Cuba Bookings After US Executive Order

Hapag-Lloyd, CMA CGM Suspend Cuba Bookings After US Executive Order

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

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