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Wednesday, October 8, 2008

Maritime Today E-news

Maritime Today
Maritime Today is brought to you this Wednesday, October 08, 2008 by Maritime Reporter and Engineering News, the worlds most recognized and trusted monthly publication serving the international maritime community.
LATEST NEWS & BRIEFS
Posted 10/08/08 at 10:29 AM
Deputy CEO in Wilh.Wilhelmsen ASA Sjur Galtung has through his wholly owned company Sjel Invest AS purchased 3000 shares of class A in Wilh.Wilhelmsen ASA at NOK 110 per share.After the transaction, Galtung owns and controls 61 489 shares of class A and 82 957 shares of class B in Wilh.Wilhelmsen ASA
Posted 10/08/08 at 10:18 AM
The Lubrizol Corporation announced management changes designed to better support the companys business objectives that include driving organic growth, strengthening the product portfolio and improving profitability...
Posted 10/08/08 at 10:14 AM
Tsakos Energy Navigation Limited (TEN) announced has completed the reacquisition of the 2002-built double hull suezmax tanker Cape Baker from the German K/G financial institution that had initially acquired the vessel from TEN in 2003 through a sale-and-leaseback transaction...
Posted 10/08/08 at 10:08 AM
From the Navy News Service1812 - A boat party under Lt. Jesse D. Elliott captures HMS Detroit and Caledonia in the Niagara River.1842 - Commodore Lawrence Kearny of USS Constitution addresses a letter to the Viceroy of China, urging that American merchants in China be granted the same treaty privileges as the British...
Posted 10/08/08 at 10:07 AM
The ministry of shipping is considering reviving subsidy on shipbuilding to enable the industry to be globally competitive.Currently, Indias share of global shipbuilding orders stands a minuscule 1percent...
Posted 10/08/08 at 10:00 AM
General Dynamics NASSCO began construction of the tenth ship of the U.S. Navy's T-AKE program. The ship will be named later and is scheduled to be delivered to the Navy in the third quarter of 2010. The T-AKE ship incorporates international marine technologies and commercial ship-design features, including an integrated electric-drive propulsion...
Posted 10/08/08 at 09:55 AM
Oil tanker operator Teekay Corp. said Tuesday it will increase its quarterly dividend by 15 percent to 31.625 cents per share, from 27.5 cents previously.The dividend will be paid on Oct. 31 to shareholders of record on Oct...
Posted 10/08/08 at 09:50 AM
The consortium of Keppel Offshore Marine Ltd and Technip Engenharia S/A is on track to deliver the P-51 floating production unit (FPU) to Petrobras Netherlands BV (PNBV) by November 2008. This 48,000 tonne FPU is the second such rig that the consortium partners have completed...
Posted 10/08/08 at 09:45 AM
Maritime consultants Drewry Shipping Consultants has launched its Annual Container Market Review and Forecast 2008/09. Now in its ninth year, Drewrys Review is the liner industrys leading commentary and forecasting tool for both global and individual trade lane supply, demand and pricing analysis...
Posted 10/08/08 at 09:41 AM
Aker Solutions has signed a letter of intent with StatoilHydro to enter into a frame agreement for the delivery of drilling equipment and related operational services. The agreement will put Aker Solutions among the preferred suppliers of drilling equipment and operational services to StatoilHydro operated fields...
Posted 10/08/08 at 09:30 AM
Amidst the crowd of river barges at Jeffboat, an ACL subsidiary, a new 50,000-barrel asphalt barge for Andrie Inc. stands out. This vessel is 360 by 60 with a 24-ft. molded depth. The barges cargo system includes a Fulton Thermal FT-1400-C with a 12m BTU per hour capacity that incorporates 32,500 ft...
Posted 10/08/08 at 09:21 AM
The General Dynamics Littoral Combat Ship Team (GD LCS Team) christened the LCS 2 Independence October 4, on the waters of the Mobile Bay at the Austal USA shipyard. Present at the Christening Ceremony were over 1,000 guests and dignitaries...
Posted 10/08/08 at 09:14 AM
By Lt. Lesley Lykins, Navy Office of Information, EastThe U.S. Navy commemorated the 100th anniversary of the Great White Fleet in New York Oct. 7 at Grand Central Terminal with the opening of an exhibit that will run through the 2008 Columbus Celebration ending Oct...
Posted 10/07/08 at 01:57 PM
WISTA USA (Womens International Shipping and Trading Association) will be hosting the WISTA Annual Conference in New Orleans. With a conference theme of Raising the Profile- Reducing the Footprint, the 2008 Conference will host over 200 international and national delegates with sessions covering the most pressing issues faced by the industry today...
Posted 10/07/08 at 10:38 AM
On October 3, the U.S. Navys Fifth Fleet released this photo of the crew of the MV Faina. The crew on the hijacked cargo ship appear to be in good health, the Navy reported. The ship's Russian captain died of a heart condition nearly two weeks ago, reports said...
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