Stranded vessel | Atlantic Canada Digital writers theweathernetwork.comThursday, November 15, 2018, 7:48 PM - According to Newfoundland Offshore, the Sir Wilfred Grenfell has departed St. John's to respond to a mayday call that was released from the Panamanian bulk carrier, Centennial Harmony. The Panamanian vessel lost…
"It's discouraging to think how many people are shocked by honesty and how few by deceit." - Noël Coward, Blithe SpiritWednesday, the shares of Resonant (RESN) fell just over 40% in trading. The stock managed to gain nearly 10% on Thursday as investors started to realize the overreaction in the market the previous day.The trigger for the decline were a couple of items.
WASHINGTON After several years of increasing spending and virtually unprecedented shipbuilding budgets, the U.S. Navys party could be coming to a screeching halt in the 2020 budget, according to analysts and insiders who spoke to Defense News. Conversations with more than a dozen insiders, lawmakers and analysts reveal a far less friendly upcoming budget cycle for the U.S.
ST. JOHN'S, N.L. - Rescue officials have come to the aid of a bulk carrier that took on water in rough seas Thursday afternoon off Newfoundland. Joint Task Force Atlantic says the Centennial Harmony was roughly 460 kilometres off St. John's, N.L., in the Grand Banks with when it reported flooding onboard around 2:30 p.m. Thursday.
Libya's General National Maritime Transport Co (GNMTC) has secured short-term charters for two of its suezmax tankers at strong rates, reflecting firming market sentiment for crude carriers.European shipbrokers report that the Tripoli-based shipowner has chartered out the 164,000-dwt Barbarosa (built 2009) and the 159,000-dwt Libya (built 2007) at $23…
FILE - In this July of 1999 file photo, a freighter is silhouetted in Lake Superior near Whitefish Point, Mich. The U.S. Senate has approved a new policy on ships that dump ballast water in coastal ports and the Great Lakes, a practice blamed for spreading invasive species that damage the environment and the economy. The…
The high numbers of containerized imports coming into the U.S. this year are expected to face a sharp drop in January due to the increase in U.S. tariffs on Chinese-made goods, according to Maersk.Chief Commercial Officer Vincent Clerc delivered the view during the company's third quarter earnings conference call. Maersk…
Newport News, Va. -- The aircraft carrier USS Gerald R. Ford (CVN 78) recently conducted a 3-M health assessment during its post-shakedown availability (PSA), Oct. 15 - 17. The assessment saw senior leadership from Commander, Naval Air Force Atlantics (CNAL) 3-M training team visit the ship to train crew members on a variety of maintenance protocols and procedures.
Youre finishing up shore duty but you dread going back to gray and underway. Want a change that wont hurt your career and might even help it? Think youre tough enough and can master small arms, crew-served weapons and high-throttle tactics in dangerous waters? Want to quit following and start leading from the front? Go boats! The Navys Coastal Riverine Force is hiring.
EuroDry Ltd. , an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it signed a memorandum of agreement to purchase the M/V Star of Nippon (to be renamed M/V Starlight), a panamax size drybulk carrier of 75,845 dwt built in 2004 in Japan. The vessel is expected to be delivered to the Company by the end of November 2018.
Alaska Communications Systems Group (NASDAQ:ALSK) and Centurylink (NYSE:CTL) are both utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, profitability, dividends, risk, analyst recommendations, earnings and institutional ownership. ProfitabilityThis…
MAJURO, MARSHALL ISLANDS, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Pioneer Marine Inc. and its subsidiaries (OTC:PNRM) ("Pioneer Marine," or the "Company") a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the third quarter ended September 30, 2018.Financial…
SEOUL, Nov. 12 (Yonhap) -- Hyundai Heavy Industries Co., the world's largest shipbuilder by sales, said Monday that it has received a cyber security certificate from the American Bureau of Shipping (ABS) for an oil carrier. It marked the first time in the world that Hyundai Heavy received the Cyber Security Ready (CSR) for a very large crude carrier. Paul R.
FILE--The Edmund Fitzgerald, a Great Lakes ore carrier, is shown in a file photo on the Detroit River near Detroit. The ship took on water and snapped in two during a storm Nov. 10, 1975 on Lake Superior, plunging 556 feet to the lake bottom with its crew of 29 men. Relatives of the crewmen lost when the freighter sank…
Third-quarter profits at Huntington Ingalls Industries jumped 53.7 percent from the same time last year, the company said Thursday, noting higher volumes at its Newport News and Gulf Coast shipyards.Contract awards for the quarter included $187.5 million for Newport News Shipbuilding to begin advance planning for the midlife overhaul of the aircraft carrier John C.
"We've got plenty of guys we can go to," Carroll said. "We don't have to just rely on one guy right now."Davis has shown an ability to be the primary ball carrier for the Seahawks, running for 101 yards on 21 carries in Seattle's Week 4 victory over Arizona when Carson was out because of an unrelated groin injury. Davis…
Ron Epstein has been covering the aerospace business for Merrill Lynch since 2001. one of the many defense and aerospace firms whose shares have soared above the market for several years. With defense stocks stalling ahead of the midterm elections, we asked the 51-year-old analyst to re-evaluate the sector. (GD), among…
Highlighting its growing presence in the U.S., global logistics and transportation company Bahri, represented by its Bahri Logistics business unit, participated at Breakbulk Americas 2018 exhibition for the project cargo and breakbulk industry, held October 2-4 in Houston.The three-day event attracted a number of visitors and exhibitors…
Zacks Equity Research,1 / 3Rising demand for aircraft carriers are likely to boost Huntington Ingalls' (HII) Newport News segment in Q3.Huntington Ingalls Industries, Inc. HII is set to report third-quarter 2018 results on Nov 8, before market open.In the last reported quarter, this military shipbuilder delivered a positive earnings surprise of 28.27%.
According to a technical log the Lion Air plane, which had only been in service a few months, suffered instrument problems the day before because of an 'unreliable' airspeed reading. All 189 people on board the Lion Air jet were killed when the plane crashed into the Java Sea on October 29 just minutes after taking off from Jakarta.The night before the fatal crash…
