http://sname.marinelink.com/Naval Architects and Marine Engineer News2009 New Wave Media Int'l Corporationhttp://sname.marinelink.com/snamestory.aspx?stid=217248Fincantieri Cantieri Navali Italiani S.p.A is investing and committing more than $40m in 2009-10 facility improvements at its mid-tier United States shipyards, Marinette Marine Corporation (MMC) and Bay Shipbuilding Company. <br /><br />The currently approved improvements are the beginning of a five-year...Fri, 06 Nov 2009 02:29:51 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217248http://sname.marinelink.com/snamestory.aspx?stid=217257P.B. (Kaj) Shah, Senior Vice President of Customer Service, was named President of Ingram Barge company. The appointment was announced by Craig E. Philip, CEO of Ingram Barge Company.<br /><br />Shah has been an Ingram executive since 1989. Most recently, he has been responsible for managing the logistics...Fri, 06 Nov 2009 02:28:49 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217257http://sname.marinelink.com/snamestory.aspx?stid=217253Hornbeck Offshore Services, Inc. (NYSE: HOS) announced results for the third quarter ended September 30, 2009. <br /><br />Third quarter 2009 revenues decreased 17.4% to $90.1 million compared to $109.1 million for the third quarter of 2008. Operating income was $27.1 million, or 30.1% of revenues, for the third quarter of 2009 compared to $52....Fri, 06 Nov 2009 02:28:03 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217253http://sname.marinelink.com/snamestory.aspx?stid=217246The South African Petroleum Authorities confirmed Royal Dutch Shell plc as the successful bidder for exploration rights in the Orange Basin deep-water area, off the country’s west coast. Shell and the government will now negotiate the details of an exploration contract.<br /> <br />The exploration area covers approximately 37,...Fri, 06 Nov 2009 02:26:39 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217246http://sname.marinelink.com/snamestory.aspx?stid=217258According to a Nov. 4 report from www.al.com, attorneys for Bender Shipbuilding & Repair Co. reached an agreement Tuesday with creditors that will allow the bankrupt Mobile, Ala. company to borrow up to $6m while it tries to sell assets.<br /><br />(Source: www.al.com)<br /> ...Fri, 06 Nov 2009 02:25:43 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217258http://sname.marinelink.com/snamestory.aspx?stid=217252Seaspan Corporation (NYSE: SSW) announced the financial results for the three and nine months ended September 30, 2009. <br /><br />Third Quarter 2009 and Year-to-Date Highlights: <br />- Reported revenue of $74.1 million and $207.0 million, respectively, for the three and nine months ended September 30, 2009 compared to $57....Fri, 06 Nov 2009 02:25:11 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217252http://sname.marinelink.com/snamestory.aspx?stid=217247On the morning of November 5th a General Cargo ship and a Bulk Carrier were attacked in the Gulf of Aden. Cooperation between EU NAVFOR and NATO prevented two more hijackings.<br /><br />Early in the morning, MV Theoforus I, a Panama flagged Bulk Carrier was attacked by pirates using automatic weapons and a Rocket Propelled Grenade....Fri, 06 Nov 2009 02:04:44 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217247http://sname.marinelink.com/snamestory.aspx?stid=217256Seaware AB announced a new major upgrade for its Seaware Routing software, introducing cost-based ship route optimization. <br /><br />The Seaware Routing software is designed to facilitate on board weather presentation and ship route planning, and is delivered as part of weather routing solutions from Seaware partners....Fri, 06 Nov 2009 02:03:32 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217256http://sname.marinelink.com/snamestory.aspx?stid=217251DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that it has signed an agreement with Commerzbank and West LB on waiver terms for $70 million of our outstanding debt. This agreement is subject to customary documentation....Fri, 06 Nov 2009 02:02:39 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217251http://sname.marinelink.com/snamestory.aspx?stid=217260The 378-ft Coast Guard Cutter Rush, homeported in Honolulu, Hawaii, arrives in Shanghai, Sunday, Nov. 1, 2009. The crew of the Rush is in China to engage in maritime partnerships and cultural exchanges. (U.S. Coast Guard photo by Petty Officer 1st Class Christopher Evanson)...Fri, 06 Nov 2009 02:01:51 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217260http://sname.marinelink.com/snamestory.aspx?stid=217254Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced its operating and financial results for the third quarter and nine-month period ended September 30, 2009. <br...Fri, 06 Nov 2009 01:56:00 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217254http://sname.marinelink.com/snamestory.aspx?stid=217250Cargotec has won a contract to supply six Kalmar E-One² rubber-tyred gantry (RTG) cranes to Namport in Namibia for increasing operational efficiency at their Walvis Bay port. The RTGs will be delivered during the second half of 2010. <br /><br />The 7+1 wide and 1-over-5 high RTGs will be equipped...Fri, 06 Nov 2009 01:53:51 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217250http://sname.marinelink.com/snamestory.aspx?stid=217259The Margaret Hill, a 50,700 tonne liquid natural gas tanker, was stopped from leaving the UK’s Southampton docks in August this year. The Environment Agency took swift action after it received intelligence that the ship was bound for dismantling on the Indian subcontinent, where ships are routinely...Fri, 06 Nov 2009 01:32:23 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217259http://sname.marinelink.com/snamestory.aspx?stid=2172551882-At half past 4 in the afternoon the lookout at Station No. 8, Tenth District (Forty Mile Point, Hammond’s Bay Lake Huron) discovered a small boat north of the station about six miles distant, drifting out into the lake apparently unmanageable. Two of the life-saving crew put off in a sailboat....Fri, 06 Nov 2009 01:31:55 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217255http://sname.marinelink.com/snamestory.aspx?stid=2172491851 - U.S. Navy expedition under command of LT William Lewis Herndon, on a mission to explore the valley of the Amazon and its tributaries, reaches Iquitos in the jungle region of the upper Amazon after their departure from Lima, Peru. <br /><br />1941 - On Neutrality Patrol, USS Omaha (CL-4) and USS...Fri, 06 Nov 2009 01:24:42 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217249http://sname.marinelink.com/snamestory.aspx?stid=217243Challenging economic conditions didn’t stop a record number of industry professionals from attending The Society of Naval Architects and Marine Engineers (SNAME) 2009 Annual Meeting and Expo. The three-day event (October 21-23) drew more than 1,150 to the Providence, Rhode Island Convention Center....Thu, 05 Nov 2009 15:30:37 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217243http://sname.marinelink.com/snamestory.aspx?stid=217239Salvage crews from international salvage company Resolve Marine Group, Inc. have begun recovery work on the iron ore carrying vessel Black Rose which sank last month in the Bay of Bengal, India. <br /><br />Resolve’s team was awarded the tender by the Paradip Port Trust and will be pumping some...Thu, 05 Nov 2009 02:11:03 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217239http://sname.marinelink.com/snamestory.aspx?stid=217233In this photo by the U.S. Coast Guard, a boat crew from Coast Guard Marine Safety and Security Team Boston escorts the Pre-Commissioning Unit (PCU) New York as the ship sails into New York Harbor Monday, Nov. 2, 2009. The amphibious transport dock (LPD 21), laid with seven and a half tons of steel from the World Trade Center in its bow,...Thu, 05 Nov 2009 02:09:30 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217233http://sname.marinelink.com/snamestory.aspx?stid=217242Divers patched a hole in the motor vessel Pac Alkaid Nov. 1, preventing further spillage of oil into the Gulf of Mexico and enabling the freight ship to successfully transit up the Mississippi River to a shipyard in New Orleans. <br /><br /> The initial discharge of an estimated 12,000 gallons...Thu, 05 Nov 2009 02:08:59 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217242http://sname.marinelink.com/snamestory.aspx?stid=217237In the afternoon of November 2 some 360 nautical miles east of Mombasa, Kenya, pirates attempted to hijack MV Harriette and MV Jo Cedar.<br /><br />MV Harriette, a U.S. flagged Cargo vessel was attacked by two small skiffs. The pirates opened fire with automatic weapons. Rocket Propelled grenades were also seen by the crew of the Harriette....Thu, 05 Nov 2009 02:08:31 GMThttp://sname.marinelink.com/snamestory.aspx?stid=217237