Alumni Association leaves Kings Point campus
MAY 15, 2013 — U.S. Merchant Marine Academy Superintendent James Helis has succeeded in his quest to evict the USMMA Alumni Association & Foundation (AAF) from its offices at Babson Center on
Tidewater to buy Norway’s Troms Offshore Supply
MAY 15, 2013 —Tidewater Inc. (NYSE: TDW), through a wholly-owned subsidiary, has entered into an agreement with HitecVision to purchase Troms Offshore Supply AS for approximately $395 million. The acquisition of Troms
Hagel: Navy shipyard employees won’t be furloughed
MAY 15, 2013 — Secretary of Defense Chuck Hagel yesterday sent a memorandum directing furloughs of 11 days for most Department of Defense civilian employees. However, an attachment to the memo said:
Somali pirate threat is still very real
MAY 15, 2013 — The Operation Commander of the EU Naval Force, Rear Admiral Bob Tarrant, has issued a renewed warning that Somali pirates are still determined to get out to sea
Conrad increases net and adds to backlog
MAY 15, 2013 — Morgan City, Louisiana, headquartered shipbuilder Conrad Industries, Inc. (OTC Pink: CNRD.PK) has reported its first quarter 2013 results and backlog. For the quarter ended March 31, 2013, Conrad
DNV reports increased revenues
MAY 15, 2013 — Classification society DNV reports that 2012 saw revenues increase by 27 percent compared to 2011, though high scrapping levels saw the number of ships and mobile offshore units
ABB signs five year service deal with LNG ship operator
MAY 15, 2013 – ABB has signed a long-term Preventive Service agreement with Hong Kong based China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all ABB equipment onboard
Victor Restis denies allegations of Iran ties
MAY 14, 2013 — Prominent Greek shipowner Victor Restis has responded sharply to accusations made by UANI (United Against Nuclear Iran) accusing him and two of his companies of having dealings with
Study: OSV and MODU fleets set for growth
MAY 14, 2013 — The offshore support vessel and mobile rig fleets are set for major growth says a new 200 page, $1,950 report – entitled “Offshore Support Vessels and Mobile Rigs:
Kings Point announces commencement speaker
MAY 14, 2013 — The U.S. Merchant Marine Academy (USMMA), Kings Point, NY, says that Gen. William M. Fraser III, Commander, U.S. Transportation Command (USTRANSCOM), has been chosen as speaker at this