*Valencia, Spain - (2010-01-29)* Justice Kornreich of the New York Supreme Court informed the America's Cup defending yacht club, Société Nautique de Genève, and the challenging Golden Gate Yacht Club today via telephone conference that she will not hear the American challenger's complaint regarding the ‘/constructed in country/' requirement of the Deed of Gift before the 33rd America's Cup Match which is scheduled to begin on 8 February.
Passage race reshuffles the results... 29:01:2010 Clear blue skies and ten knots of North Easterly breeze saw all classes comfortably depart on respective passage races. The Racing Class briskly set sail on a 35nm triangular course across the Singapore Straits, round Stapa mark in Southern Johore, Malaysia then down to a common rounding mark off Bintan and back to the Batam finish line. The rest of the classes headed out on a 26nm sausage course for the Indonesian Resort Island of Bintan and returned to finish at Batam. As the NE Tradewinds strengthened throughout the afternoon the sailors enjoyed some fantastic long spinnaker rides, at times reaching speeds in excess of twenty knots.
Marine broadband solution approved for use with SAILOR satcoms and sat TV Wired Ocean, the unique marine broadband solution designed to cost-effectively widen the scope of internet usage onboard, has been awarded the official status of Thrane & Thrane Accredited Solution. The accreditation follows an extensive period of testing by the leading manufacturer of satellite communications terminals and confirms the compatibility of Wired Ocean's S-Box and service for use with SAILOR FleetBroadband and Fleet terminals, and a forthcoming line of SAILOR SAT TV antennas.
Cash flow from Operations (EBITDA) and Operating Result (EBIT) influenced by disappointing LPG
spot conditions, mainly for the VLGC segment;
Contribution from LNG and Offshore divisions in line with expectations;
Increasing USD interest rates have had a positive influence on the fair value of hedging instruments,
resulting in a non-cash, unrealised profit of USD 54.6 million included in the Financial Result;
The current coverage ratio for the Midsize fleet for 2010 is 85%; the VLGC fleet enjoys a 55%
coverage level for 2010 at acceptable levels; spot market conditions are expected to remain difficult;
Delivery of last two LNGRV of the series scheduled by end of Q1 and end of Q3 this year;
OPTI-EXTM delivered in July 2009; discussions on employment continue.
Ice-breaking tug.Equipment: Furuno FR 810 DA radar, Furuno Navpilot FAP 5001 autopilot, Furuno SC-502 satellite compass, Furuno GP-31 GPS navigator, Sailor RT 2048 VHF + Sailor RT 144C VHF + Furuno FM 8500 VHF, Radio Ocean Pocket 3000 portable VHF, Icom IC-G M1500 E portable GMDSS VHF, Robertson rudder indicator, ESCO fire alarm system, 2 x Atlas Copco Airlet 530 starter air compressors. Viking 6DK Solas A-pack 6 person life raft, Hatlapa electric anchor winch with 2 x 125 meters chain and twin 250 kg anchors. Lidan 4 FB L8, 15 tons towing winch 500 meters of 28 mm wire, Mampaey towing hook. 3.000 litres/minute emergency pump with 4” connection. HAB 1720 marine hydraulic crane, 9 ton/m with 50 meters of 100 mm wire on winch. Faster 460 mob-boat with 40 hkr Evinrude (new 2009). General arrangement: Wheelhouse with sofa and navigation desk. Main deck holds a large saloon with TV and eight table seats, galley with fridge/freezer, electric stove with oven, microwave, WC and of course the large sauna with shower. Below deck in fore is a large forepeak with chain locker and rope stores, accomodations with twin single and two double cabins, engine room, aft rope stores and steering gear room.
BETHESDA, Md., Jan 28, 2010 /PRNewswire via COMTEX/ -- Lockheed Martin Corporation (NYSE: LMT) today announced that its Board of Directors has authorized a first quarter 2010 dividend of $0.63 per-share. The dividend is payable March 26, 2010 to holders of record as of the close of business on March 1, 2010. Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion. For additional information, visit our web site: www.lockheedmartin.com. SOURCE: Lockheed Martin Corporation