The National Shipping Company of Saudi Arabia (Bahri) announced that its General Cargo Vessel Bahri Abha made its maiden call to Jacksonville Port Blount Island Marine Terminal on 6th May 2013 to load vehicles and other cargoes headed to the Middle East. The vessel is the first of six new general cargo vessels that Bahri [...]
May 12, 2013 | Posted in
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Vantage Drilling Company reported a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March [...]
May 10, 2013 | Posted in
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Eastern Shipbuilding Group, Inc. announced the christening and launching of the M/V BRAVANTE V for Boldini S.A. of Brazil. The event was held on March 21, 2013 at Eastern’s Nelson Street facility with hundreds of Eastern employees and guests. Attending were Renato and Regina Nascimento, William Wueman and William Grutter along with several members that [...]
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ZIM announced that ZIM Container Service Pacific (ZCP) is adding the port of Norfolk to its route, starting mid-June. The first vessel to call Norfolk will be ZIM Mediterranean voyage 47/W. The new rotation will be: Savannah – Norfolk – New York – Halifax – Kingston – Los Angeles – Oakland – Vostochny – Ningbo [...]
May 9, 2013 | Posted in
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Governor of Maryland Martin O’Malley, joined by Baltimore Mayor Stephanie Rawlings-Blake and private sector partners from Highstar Capital and Ports America Chesapeake, led the celebration on May 8th of a new 50-foot-deep berth and four supersized container cranes at the Port of Baltimore’s Seagirt Marine Terminal. The project is part of a larger public-private partnership [...]
BAE Systems continues to serve the U.S. Navy as a leading provider of ship repair, maintenance and modernization services. Their Norfolk, Virginia shipyard recently secured new contracts, worth a total of nearly $100 million, to work on two destroyers, the USS Porter (DDG 78) and the USS Laboon (DDG 58). The Laboon is due for [...]
May 9, 2013 | Posted in
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Huntington Ingalls Industries’ (HII) Newport News Shipbuilding (NNS) division hoisted the last piece of primary structure onto the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78) on Tuesday. The lift was the last of 162 superlifts and brings more than three years of structural erection work to a close. Susan Ford Bales, the ship’s sponsor [...]
May 9, 2013 | Posted in
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Blue North, a sustainable natural resource company crafted for the 21st century, has signed a contract with Dakota Creek Industries in Anacortes, Washington, to build one of the most environmentally friendly and technologically advanced fishing vessels in the world. The innovative “green” boat – which will be completed in the fourth quarter of 2014 – [...]
May 8, 2013 | Posted in
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Seadrill Limited has entered into an agreement to sell the companies that own and operate the tender rig T15 to Seadrill Partners LLC for a total consideration of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T15. The balance of the acquisition price will be financed with [...]
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GE’s Power Conversion business announced that they are bringing enhanced operability to the company’s Dynamic Positioning (DP) system. The latest version, being launched at OTC, is more energy-efficient, better integrated, and—most importantly—more ’mariner friendly’. “We are giving ship control back to the mariners,” says Paul English, Marine Leader of GE Power Conversion. Since they were [...]
May 8, 2013 | Posted in
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