STX Finland announced a number of management changes, citing the challenging market situation. The primary target set for STX Finland is profitable operation. In 2011 this target was achieved, and now the focus is strongly on how similar development could also be secured over the years to come…
Star Bulk Carriers Corp. (Nasdaq: SBLK) announced that one of its vessels, the STAR POLARIS, sustained bottom damage when entering the port of Eregli, Turkey. Following a survey of the damages, the vessel proceeded for permanent repairs to Daewoo Mangalia shipyard in Romania…
Offshore Installation Services (OIS) Ltd., an Acteon company, has appointed Jeremy Punnett to global president. He will be based in Aberdeen, UK, at Acteon’s Tern Place facility.Punnett joins OIS from Bibby Offshore, where he oversaw business planning and strategic development…
Final Restoration Plan Completed for Cosco Busan Oil Spill; Projects will Address Impacts from Ship that Struck the Bay Bridge.State and federal trustee agencies have released the Cosco Busan Oil Spill Final Damage Assessment and Restoration Plan…
U.S. Coast Guard is helping Italian authorities investigate the Costa Concordia disaster. Vice Admiral Brian Salerno told a House Committee the USCG is also on guard against safety violations on foreign flagged vessels that use U.S. ports…
The Coast Guard has since Sunday taken action in three unrelated marine safety cases, which has protected the environment, protected mariners and protected the maritime transportation system in the port of Portland, Oregon.Sector Columbia River’s recent activity began around 11 a…
Alps Wire Rope announced the retirement of Vice President Bob Zader after nine years of service. “Bob has had a major role in building Alps financially, and I thank him for his outstanding work ,” said Brad Benner, President of Alps Wire Rope. “Bob Zader will truly be missed.”
PHILADELPHIA - The first graduate of the Naval Engineering Education Center (NEEC) began work February 13 as a naval architect with Naval Surface Warfare Center Carderock Division - Ship Systems Engineering Station's (NSWCCD-SSES) Advanced Machinery Systems Integration Branch in Philadelphia…
The Federation of National Associations of Shipbrokers and Agents, (FONASBA), has endorsed the newly released SALEFORM 2012, developed jointly by the Norwegian Shipbrokers Association (NSA) and BIMCO. SALEFORM is the shipping industry’s most…
Athens - Seanergy Maritime Holdings Corp. announced that the Nasdaq Stock Market has confirmed that the Company has regained compliance with Nasdaq Listing Rule 5450(b)(1)(C) concerning the minimum market value of publicly held shares.Seanergy Maritime Holdings Corp…
Quality initiatives launched last year by the London-based St Kitts & Nevis International Ship Registry (SKANReg) have prompted a major improvement in results from Port State Control inspections, with detentions reduced by up to 62 percent and deficiencies down by as much as 49 percent…
Dubai - Drydocks World LLC (DDW) has been in dialogue with its core group of lenders since late 2011 to develop a proposal for the restructuring of its debt obligations under its $2.2 billion syndicated facility. With the support of its wider stakeholders…
Wilhelmsen Ships Service (WSS) annonced plans to expand in South America to serve the growing cruise and offshore sectors.Prior to this month’s Cruise Shipping Miami, Area Director Henrique Schlaepfer said: “South America continues to be an area of concentrated investment for WSS…
FREIBURG, Germany - Northrop Grumman Corporation has appointed Eckehardt Keip as managing director of Northrop Grumman Holding GmbH, which includes operating entities Northrop Grumman L.E.F. GmbH and Northrop Grumman LITEF GmbH.Keip has been…
Aberdeen-based, BMT Cordah, a subsidiary of the BMT Group, an international maritime design, environmental and engineering consultancy, has announced the appointment of Norman Di Perno as its Managing Director. Dr David Sell, who has been the…
