News


Masterman President, CEO ESAB, N. America

ESAB Welding & Cutting Products announced the appointment of Andrew Masterman as President and Chief Executive Officer of ESAB North America. Masterman will be based in Florence, S.C., and will replace Brendan Colgan, who will be assuming the role of Chairman of The ESAB Group, Inc.

Agreement on Bavaria Yachtbau Restructuring

Bavaria Yachtbau GmbH announced that Anchorage Advisors, L.L.C. and Oaktree Capital Management ), who collectively control approximately 95 percent of Bavaria's $1,403m debt facilities, have signed a binding agreement to restructure the company's balance sheet.

Workboats Exhibition and Conference Opens

The region’s premier maritime event for specialized vessels opening Monday, 5 October 2009, is shrugging off the impact of the economic downturn with a 70% increase in the number of exhibitors and a 60% increase in exhibition space compared with last year, according to the organizers.

EU NAVFOR Arrests Pirate Attackers of Fishing Vessel

Late in the evening of 3 October, two of the suspected pirates who gained control of the Spanish tuna fishing vessel Alakrana the day before, were arrested by the EU NAVFOR Spanish warship Canarias. The

Miller Boat Contract to Great Lakes Group

Great Lakes Shipyard, a division of The Great Lakes Group, has been awarded a contract by Miller Boat Line, Put-in-Bay, Ohio, to fabricate and install a new 40-ft mid-body extension in the passenger/vehicle ferry Put-in-Bay.

Port of Ngqura Receives First Commercial Vessel

On October 4 the new deepwater Port of Ngqura in South Africa witnessed the 984.2-ft long, 42.6-ft deep MSC Catania became the port terminal’s first commercial vessel. The docking of the vessel – while

Oxnard Harbor District Wins Honor

The American Association of Port Authorities has given an award of excellence to the Port of Hueneme Oxnard Harbor District for its extraordinary cooperative project to clean sediment from the harbor floor.

This Day in Coast Guard History – Oct. 5

1938- The first members were enrolled in the Coast Guard Reserve. 1943- Patrol Squadron 6 (VP-6 CG) was officially established.  This was an all Coast Guard unit.  Its home base was at Narsarssuak, Greenland, code name Bluie West-One.

This Day in Naval History – Oct. 5

1863 - Confederate David seriously damages USS New Ironsides with a spar torpedo off Charleston, South Carolina. 1913 - Trial of OWL, Navy's first amphibian flying boat 1957 - Minitrack, a satellite tracking net developed by the Naval Research Laboratory, becomes operational.

Hyperdynamics Seismic Survey, Guinea

Hyperdynamics Corporation (NYSE Amex: HDY) announced that it has signed a contract with Bergen Oilfield Services AS of Norway to conduct a 9,000 kilometer 2-D marine seismic survey on portions of its oil and gas concession offshore Republic of Guinea.

Tom Crowley Receives NDTA Award

Tom Crowley, Jr., chairman, president and CEO of Crowley Maritime Corporation, was presented with the prestigious National Transportation Award from the National Defense Transportation Association, at the group's annual logistics forum and exposition in Nashville, Ten.

Dalian Shipyard Second Order from Exousia

Exousia Advanced Materials, Inc. (OTC:EXOU) (BULLETIN BOARD: EXOU) , a manufacturer of advanced industrial coatings for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes,