News


Baltic Trading Takes Delivery of Drybulk Vessels

Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot market, has taken delivery of the Baltic Bear, a Capesize newbuilding, and the Baltic Jaguar, a 2009-built Supramax vessel. The Baltic Bear and the Baltic Jaguar are the third and fourth vessels,

Georgia Ports 25% Container Growth for April

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced that the GPA experienced 25.6% container growth in April and has recorded five consecutive months of double-digit growth through its ports.

Swansea Dry Docks Open for Business

Following the successful use of Swansea Dry Docks for the refit and refurbishment of Saga Pearl II, now successfully cruising; work on MV Julia, now plying the Fastnet Ferry Cork-Swansea overnight route; and emergency repair work on the 213.

Sparrows Offshore to Increase U.S. Workforce

Sparrows Offshore LLC (formerly Energy Cranes LLC), the Houston-based offshore crane, fluid power and pipe-laying equipment specialist, has signed contracts in 2010 worth more than $8m. With the new work, the company plans to increase its U.

Port Hamburg Cargo Handling Increases Again

Hit hard by the global financial and economic crisis in the year 2009, the Port of Hamburg reports total cargo-handling figures of 28.6 million tons for the first quarter of 2010, an increase of 4.6 per cent over the same period in the previous year.

Corvus Energy Lithium-Ion Battery for BRAtt

Corvus Energy, harnessing the power of large format lithium-ion battery systems for marine propulsion, will spotlight its proprietary technology at the International Tug & Salvage (ITS 2010) Conference May 17-21 at the Westin Bayshore Hotel in Vancouver, B.

Great Lakes Iron Ore Surges Again in April

The Great Lakes iron ore trade continued to strengthen in April in response to growing demand for steel. Shipments from U.S. and Canadian Lakes and Seaway ports totaled 5.4 million net tons, an increase of 146% to a year ago.

“K” Line Selects Globe Wireless for Upgrade

Globe Wireless has been selected by “K” Line to provide a turnkey implementation of the Inmarsat FleetBroadband service. “K” Line is a large ship owner/operators, which includes container ships, car carriers, bulk carriers, gas carriers and tankers.

Shipbuilding Orders to Surge on Energy Demand

According to a May 17 report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipyard by orders, aims to almost triple contracts for offshore facilities this year.

Seldovia Bay Ferry 2010 Sailing Schedule

Alaska’s newest passenger ferry announced its 2010 sailing schedule between the communities of Homer and Seldovia, located on Alaska’s Kenai Peninsula. The M/V Kachemak Voyager will offer three round-trip sailings daily beginning on May 26, 2010.

This Day in Coast Guard History – May 18

1920-Coast Guard officers and enlisted personnel were granted the same pay, allowances and increases as the Navy. (Source: USCG Historian’s Office)  

This Day in Naval History – May 18

1775 - Benedict Arnold captures British sloop and renames her Enterprise, first of many famous ships with that name 1798 - Appointment of Benjamin Stoddert as first Secretary of the Navy 1969 - Launch of Apollo 10, dress rehearsal for first lunar landing mission.