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What will be the BIGGEST challenge for your part of the marine industry in 2009?

Credit crunch
Freight rates/day rates
Environmental Regs
Personnel issues
Fuel costs



Marad announces deadline for small shipyard grant applications
Must be filed by April 20

Chinese warship thwarts pirate attack
Comes to rescue of Dutch-managed Panamax

Jordan to build patrol boats?
KADDB in JV with RiverHawk

Deltamarin to design SSHLV for China Offshore
self-propelled, DP2 capability, semi-submersible flat top transport vessel

Grounded tanker refloated
Successful lightering operation off Galveston

Toyota stores unsold cars aboard ship
Swedish port runs out of space

Navatek to build unmanned vessel for Singapore Navy
will be fitted with weapons and sensors

Obama names pick for Pentagon acquisition chief
Defense contractors don't like fact that Dr. Ashton Carter has never worked for any of them

Sharjah yard delivers first Friede Goldman Super M2 jack-up
Maritime Industrial Services delivers first jack-up rig to be built in Middle East

Efforts underway to free grounded tanker
Lightering of Yasa Golden Dardanelles begins off Galveston

Northrop Grumman names two to shipbuilding VP posts
Boykin and Belanger tapped for quality and process excellence posts

Pirates seize DryShips bulker
Was within "protected" corridor

ACL extends credit facility
Gets less, pays more

Todd gets icebreaker refit contract
Polar Star to be reactivated

Cruiser grounding damaged coral
as well as damage to the ship, the recent grounding off Hawaii of the cruiser Port Royal caused extensive damage to coral

$7.2 million Navy contract for Atlantic Marine Mayport
repairs to the USS Underwood (FFG 36)

Blank Rome examines stimulus bill maritime provisions
giant bill contains a few maritime goodies

Ship manager, engineers indicted
said to have covered up discharges of oil-contaminated waste at sea

MacBarge boosts MacGregor offshore test capabilities
purpose built barge can test two large AHC offshore cranes simultaneously

Aker Philadelphia delivers sixth product tanker
First of four to be operated for Tesoro

NTSB releases Cosco Busan findings
"There was a lack of competence in so many areas that this accident seemed almost inevitable"

Malta orders Austal inshore patrol craft
four 21.2 m planing aluminum hull patrol craft

Antarctic cruise ship refloated
No hull damage to Ocean Nova says Quark Expeditions

NASSCO wins MLP design contract
could lead to three ship contract from Navy

Navy-held pirate suspects may be tried outside Kenya
prosecutions could take place in states associated with victims of attacks

Antarctic cruise ship grounds
this time it's Ocean Nova

Excel Maritime suspends dividends
acts after two charterers start making half payments on three ships

LR makes acquisition
buys California climate change verification specialist

Maersk FPSO's takes over group's LNG operations
employees involved in LNG will move to Lyngby, north of Copenhagen

CVN 77 completes builder's sea trials
USS George H. W. Bush on track for delivery to Navy in spring

Davie Yards plans to resume operations
Export Development Canada comes to the rescue after largest customer loses loan facility

Whistle blower collects $5.2 million in APL fraud case settlement
APL pays $26.3 million to resolve allegations of false claims for Iraq and Afghanistan cargo

Stimulus includes $100 million for small shipyard grants
ferries, Coast Guard and Corps also benefit

Russian nuclear cruiser seizes pirate suspects, boats
Video from Russia Today

Obama Administration unveils offshore energy plan
likely to be greeted with more enthusiasm by offshore wind farmers than by "drill, baby, drill" crowd

Vella Gulf detains more pirate suspects
nine more go in the bag

Connaughton joins ABS
named to new position of Corporate VP for Government Affairs

Geiger to be BIW President
Shipway to retire in April

USCG works to speed up mariner credentialing
Bottlenecks includes medical evaluation processing

Ship recycling soars, says DNV
New convention comes into effect in May

Ambassadors International to focus on Windstar Cruises
Will sell non-cruise businesses

Chinese yards told to put expansion on hold
Three year freeze is part of stimulus package agreed by State Council

U.S. Navy detains pirate suspects
USS Vella Gulf team nabs seven in skiff after failed attempt to board merchant ship

Golden Ocean eyes newbuild cancellations
May seek further injection of risk capital

Piracy suspects to face Rotterdam court
Five Somalis had been held aboard Danish warship

LHD 8 completes builders' trials
Makin Island is first large deck amphibious assault ship with gas turbine/electric propulsion

Red ink at NOL
APL parent swings to fourth quarter loss

Navy frees grounded cruiser
Captain temporarily relieved of duties

Chinese shipbuilding orders set for further fall
central government expected to introduce stimulus package for industry

Austal releases more details of JHSV
Highly capable high speed, shallow draft military transportation capability

MAN Diesel makes Washington appointment
Names Philip Wasinger as Director-- Government Relations and Business Development

DryShips renegotiates another loan
Preliminary agreement with Nordea

Navy cruiser guides on sea trials
Port Royal resists three attempts at refloating

Mississippi to get shipbuilding academy
$20 million to come from Katrina recovery funding

New members honored in National Maritime Hall of Fame
Heroic young merchant mariner of World War II and a decorated cargo ship from the Vietnam War

Carrier sea trials delayed
another delay for the yet-to-be delivered $6.26 billion George H.W. Bush

Fuel unaccounted for after ferry grounding
Where did 2,000 gallons of No.2 diesel go?

Faina prepares to sail for Mombasa
Last pirates leave ship 24 hours after ransom drop

Gene Taylor sets out Navy shipbuilding plan
Truncate DDG 1000 program, take LCS away from giant defense contractors and more ...

Faina released by pirates
Video from Russia Today

WSF Steel Electrics may escape scrapping
real estate developer bids $650,000 to preserve and reuse veteran ferries

$8.9 million MSC award goes to Guam
regular overhaul of Military Sealift Command ammunition ship USNS Shasta (T-AE 33)

Todd Shipyards keeps NYSE listing
NYSE accepts proposal for continued listing

House panel hears testimony on how to beat the pirates
Dummies may be OK, but guns are a no no, says OCIMF

Hanjin scuttles Senator
Liquidates German unit, blaming global recession

Wilhelmsen sells ITM to V.Ships
Dubai-headquartered ship manager has 45 ships under management

New approach to launching lifeboats
In new Noreq line, electrical and hydraulic systems and components are totally enclosed in the davit structure

DryShips gets agreement to restructure two loans
reaches preliminary agreement with Piraeus Bank

Donjon Marine wins $32 million channel deepening contract
Corps of Engineers awards New York-New Jersey Harbor contract

Washington State rolls out new draft long range ferry plan
Looks at $3.3 billion, eleven new ship plan or $1.3 billion, five new ship alternative

AWO moves to block three states' VGP regs
goes to court to challenge regs that threaten to bring waterways traffic to a halt

Pirates demand $6 million for Schulte ship
contact Hamburg ship manager with demand

$518.5 million in penalties for export of SS Oceanic (ex SS Independence)
settlement of alleged illegal distribution and export of a PCB-containing ship

$4.5 billion for Corps in stimulus bill
House favors lock and dam projects that are labor-intensive and can be completed within two years

Sea Star ex-exec sentenced to four years
Longest ever antitrust jail sentence plus $20,000 fine

IMO Djibouti meeting agrees antipiracy measures
Nine countries sign on to "Code of Conduct" for repression of piracy

Clock still ticking for U.S. Shipping Partners
Has until February 10 to come up with answer to its woes

Rowan cuts dividend--and jack-up newbuild program
SEC filing gives details of capital conservation measures

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