News


Panama Canal Hosts Georgia Governor

The Panama Canal Authority (ACP) welcomed Georgia Governor Sonny Perdue (pictured left) to the Panama Canal September 24. Joined by senior leaders from the Georgia Ports Authority (GPA) and the Georgia Department for Economic Development,

Pirate Attacks on the Rise off Somalia

Pirate activity has increased recently off the coast of Somalia with four attempted attacks occurring on motor vessels in the Gulf of Aden since Sept. 19. Three separate unsuccessful attacks occurred Sept.

Shipbuilders Flourish on Small Vessel Orders

According to a Sept. 30 report from The Daily Star, shipbuilders are banking on the ongoing recession to carve itself a position in the global market, as the demand for smaller vessels has increased, shipbuilders and analysts said. (The Daily Star)

Aker Awarded FEED Contract

StatoilHydro has awarded Aker Solutions a front end engineering design (FEED) study for upgrading the Gullfaks A drilling facilities. The drilling upgrade is expected to extend the productive lifetime of Gullfaks A.

First Ship with High Temperature Fuel Cell

September 2009 saw the initial operation of the first high temperature fuel cell to be run on board of a ship, within the FellowSHIP research project (Fuel Cells for Low Emission Ships). The HotModule

Conrad Industries Ferry Contract Award

Conrad Industries, Inc. (Pink Sheets: CNRD) announced that it has been awarded a contract for the construction of a passenger/vehicle ferry with a value of $13m, which brings the current backlog to approximately $56.

Jotun Profits Remain Satisfactory

Jotun expects the difficult global economy to continue to have a greater impact. When compared with the record level  of 2008, the figures in the first eight months of 2009 are still satisfactory. In litres and kilos the group sold one per cent less paint than it did for the same period last year.

Tsakos Time Charters for Suezmax Tankers

Tsakos Energy Navigation Limited (NYSE:TNP) announced a two year time-charter extension with profit sharing up to a maximum level with the same charterer, for the 2002-built double hull suezmax tanker Decathlon.

MOL Starts Safety Campaign

Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) announced the start of the Safety Campaign for all its operated vessels effective October 1, 2009. During the campaign, the company will

Foss Pioneers New Route on Columbia River

Foss pioneered a new commercial route deep into Canada on the Columbia River in August, navigating through strong currents and shallow water to safely deliver a new 190-ton turbine for British Columbia’s largest hydro-electric dam.

SNAME Focused Panel Sessions, 2009 Meeting

The focused panel sessions at the Society of Naval Architects and Engineers (SNAME) Annual Meeting and Expo (October 21-23 at the Rhode Island Convention Center in Providence, Rhode Island) will feature

This Day in Coast Guard History – Oct. 1

1926-An airways division, headed by a chief engineer, was set up as a part of the Lighthouse Service, its work covering the examination of airways and emergency landing fields and the erection and maintenance of aids to air navigation.