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INDEX NET PERCENT COMPARISONS 6/30/08 7/31/08 CHANGE CHANGE Operators 1359.98 1199.10 -160.89 -11.83 Suppliers 1744.62 1694.92 -49.70 -2.85 Shipyards 1040.87 1002.69 -38.19 -3.67 WorkBoat Composite 1729.11 1633.46 -95.65 -5.53 Oil Service 354.15 307.39 -46.76 -13.20 Dow Jones Industrials
GAINERS %CHANGE U.S. Shipping Partners L.P. 38.95 Todd Shipyards Corp. 9.99 Trinity Industries 8.50 American Commercial Lines Inc. 4.76 Cummins Engine Inc. 1.25 LOSERS %CHANGE Ambassadors International Inc. -38.81 Hercules Offshore Inc. -34.32 Global Industries -33.41 Trico Marine Services
Since Kvichak Marine Industries had extensive experience building small aluminum boats, the response-boat medium project partners (Kvichak and Marinette Marine ) decided to begin production in the Seattle area. Kvichak’s main shop is in Seattle, but the shipyard built a
Stocks that make up the WorkBoat Composite Index had another rough month in July, dropping 95 points or 5.5 percent. This follows June’s loss of almost 9 percent. For the month, losers topped winners by a 7-2 ratio. Energy shares
Utilization and day rates for nearly all offshore service vessels increased in July, with large supply vessels posting the biggest gain. Average day rates for supply vessels over 200' increased about $1,500 during July. The highest average day rate reported
In Mark Twain’s “The Prince and the Pauper,” two boys switch clothes, which sets in motion a case of mistaken identities. The prince, Edward Tudor, is forced to live as a pauper, while Tom Canty assumes the prince’s life of
To see the Coast Guard’s new 45-foot response boat sitting in the water, especially from the stern quarter, is to immediately appreciate its functionality. The platform just above the waterline at the transom has a handrail along its entire back
Nearly 20 years after the Exxon Valdez spilled some 11 million gallons of oil, the litigation lingers on as the courts continue to try to determine what the punitive damages should be. This June, the U.S. Supreme Court provided some
Builder : Marinette Marine/Kvichak Marine Industries Designer : Camarc Design Owner : U.S. Coast Guard Mission : Search-and-rescue, law enforcement, security Length : 44'10.5" Beam : 14'7.75" Draft (loaded): 3'4" Hull / Superstructure Material : 5083-H116 aluminum plate Main Propulsion
How does a marine business owner or vessel operator establish a culture of safety? By being knowledgeable and fundamentally sound when it comes to safety. There is nothing cutting edge about establishing a culture of safety at your workplace. It
Reporting marine casualties
In 2012, the Hearing Office received 24 cases alleging violations of the requirements to report marine casualties. In 2013, they received 30 cases.
Author: Sound Off
November 25, 2014
Mariners, be thankful
U.S. mariners have a lot to be thankful for this Thanksgiving.
Author: Capt. Peter Squicciarini
November 25, 2014
All aboard a hybrid ferry
When I bought a train ticket recently from Hamburg, Germany, to Copenhagen, Denmark, little did I know that I was in for a ride on an award-winning hybrid ferry.
Author: Kathy Bergren Smith
November 20, 2014