Sea Technology

NOV 2013

The industry's recognized authority for design, engineering and application of equipment and services in the global ocean community

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Mexico's existing and new Ellicott dredge owners. MAKISUR will maintain a stock of critical spare parts for the 370 Dragon and 670 Dragon model dredges and does have capacity for growth as demand increases. Steel Driving Tonnage Growth The Port of Houston Authority reported August's net income of $11 million, up $7 million or 212 percent. August total tonnage of 3 million refects a 5 percent increase over the previous year. "This was led by a surprise uptick in steel imports, which is up 25 percent or 424,000 tons," the port's executive director reported. A year-to-date total of 24 million tons is up 4 percent. FV Arctic Prowler Christened in Ketchikan The Arctic Prowler is the frst large commercial fshing vessel built in Alaska. The new vessel will have 16,300 cubic feet of freezer space, the ability to both catch and process at sea and the capability of fshing 56,000 hooks per day. The Arctic Prowler is designed and built with an emphasis on economic use of space, allowing room for fshing and factory equipment to produce high-quality products. infrastructure is in place to support new cutters as they are commissioned. Baltic Trading Ltd. Completes Stock Offering Baltic Trading Ltd. of the Marshall Islands completed its public offering, issuing 6,419,217 new shares of common stock. Gross proceeds of the offering were approximately $23.1 million. Baltic Trading intends to use its net proceeds from the offering for future vessel acquisitions or for working capital and general corporate purposes. Jefferies LLC was the sole book-running manager for the offering. OCEANS '13 IEEE/OES Award to Gwyn Griffths At the IEEE/OES awards luncheon held during OCEANS '13 San Diego, the annual award for Distinguished Technical Achievement was given to Professor Gwyn Griffths for his work on acoustic Doppler current profling (ADCP) instruments and autonomous vehicle technologies. Professor Griffths's work includes resolving diffculties with hull-mounted ADCP errors arising from a ship's heading and extends into displaying and analyzing acoustic backscatter from biologics. Construction Begins on Container Ships USCG Acquires Six Fast Response Cutters The U. S. Coast Guard (USCG) received approval to move forward on the production and deployment of up to 30 fast response cutters (FRC) after the cutter class completed the initial operational test and evaluation phase. The Coast Guard may continue to acquire the FRC as the budget allows. The support equipment and shoreside The steel-cutting ceremony took place for Atlantic Container Line's (ACL), based in Westfeld, New Jersey, fve Generation 4 RORO/Containerships, marking the start of construction. Since signing a contract with ACL in July 2012 for the construction of these vessels, Hudong-Zhonghua Shipbuilding Group Co. Ltd. (Shanghai, China) has been working on design work and tank testing. n November 2013 / st 55

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