News


Horizon Delivers Two Vessels in Three Days

Horizon Shipbuilding, Inc., Bayou La Batre, Ala., has met a major corporate milestone by delivering the M/V John Grimsley #59 on Saturday, October 10, 2009 and the M/V Isla San Luis on Tuesday, October 13, 2009.

ACL Reports Q3 Results

American Commercial Lines Inc. (NASDAQ: ACLI) (ACL) announced results for the quarter and nine months ended September 30, 2009. Revenues for the quarter ended September 30, 2009 were $216.0 million, a 31.

Cummins Expands IMO Tier II Product Line

In anticipation of customer requests for mechanical engines meeting stringent next-level global emissions regulations, Cummins Inc. (NYSE: CMI) has received a statement of compliance from the American Bureau of Shipping (ABS) certifying the KTA19-D(M1) to IMO Tier II emissions standards.

Dawkins Joins Iridium Board of Directors

Iridium Communications Inc. (NASDAQ: IRDM) announced that Peter M. Dawkins, founder and principal of ShiningStar Capital LLC, and Brigadier General, U.S. Army (Retired), joined its Board of Directors.

Sanborn Joins Moffatt & Nichol

Moffatt & Nichol announced that David C. Sanborn has joined the firm as Senior Port Consultant. Sanborn brings more than 35 years experience in the shipping, ports and transport sectors of the maritime industry to the firm.

Assoc. for the Blind Supplies USS New York

The Louisiana Association for the Blind (LAB) announced it has supplied the more than 10,000 square feet of SKILCRAFT (R)/3M Safety Walk (TM) Slip Resistant Material for the USS New York (LPD 21), an

IRS Focuses on Foreign Vessels Evaiding Taxes

The Offshore Marine Service Association (OMSA) applauded the Internal Revenue Service’s (IRS) recently posted directive to field officers establishing an issue management team in the wake of an IRS analysis indicating that a significant number of foreign vessels permitted to work in the U.

This Day in Coast Guard History – Nov. 4

1984: The CGC Northwind seized the P/C Alexi I off Jamaica for carrying 20 tons of marijuana, becoming the first icebreaker to make a narcotics seizure. (Source: USCG Historian’s Office)

This Day in Naval History – Nov. 4

1967 - Landing craft from USS Navarro (APA-215) rescue 43 men from British SS Habib Marikar aground on a reef at Lincoln Island in the Tonkin Gulf. 1971 - USS Nathanael Greene (SSBN-636) launches a Poseidon C-3 missile in first surface launch of Poseidon missile. (Source: Navy News Service)

Sherwin-Williams Navy Vessel Contract

Sherwin-Williams has been awarded the contract to supply marine coatings as part of a three-year overhaul of the supercarrier USS Theodore Roosevelt (CVN-71). The project began in August and will continue through late 2012 at Northrop Grumman Shipbuilding Newport News,

The Hanseatic on European Rivers

The Hanseatic League was a highly successful trading alliance among northern European cities from the 13th to the 17th centuries. Some German cities continue to maintain an association under that name.

Wilhelmsen Ships Wins Alcatel-Lucent Contract

Wilhelmsen Ships Service Saudi Arabia has been awarded a three year warehousing and logistics contract in Dammam by Alcatel Lucent Technologies. The contract is expected to further the ongoing development