DryShips Inc. global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., off-shore contract drilling oil services, today announced the following: *…
Vessel performance monitoring and optimization solution ClassNK-NAPA GREEN was named the maritime industry’s top IT system by earning the IT Solutions Award at the International Bulk Journal (IBJ) Awards held at the Beurs-World Trade Center in Rotterdam on 17 November…
Stolt-Nielsen Limited’s board of directors has resolved to initiate a buyback program to purchase up to $50 million worth of its common shares, the company announced today.The buyback program will comprise up to 3,100,000 common shares, representing up to 4…
Genco Shipping & Trading Limited (OTCBB: GSKNF) has announced that John C. Wobensmith, the company's CFO has been appointed as President effective December 19, 2014. He succeeds Robert Gerald Buchanan, who will retire as of the same date. Buchanan has served as President of Genco since June 2005…
Rajaish Bajpaee, Chief Executive Officer of Bernhard Schulte Shipmanagement, will receive the Tanker Shipping & Trade Lifetime Achievement Award in recognition of a career spanning more than 40 years and characterized by outstanding commercial acumen…
Drydocks World received a high-level delegation of the Council members from the International Association of Independent Tanker Owners (INTERTANKO) on 11 November. The delegation included Mr. Olav Eek Thorstensen, MD & CEO of Thome Shipmanagement…
The Shipping Corporation of India declared its unaudited financial results for the quarter ended 30.09.2014 posting a profit of Rs.18.59 Crores as compared to a loss of Rs.123.53 crores during the quarter ended 30.09.2013. This has resulted in a cumulative profit of Rs…
Chemfleet was the eighth guest of the 19th annual Career Days organized by the Istanbul Technical University Maritime Faculty Career Club.Operation Manager Baris Samur, Personal Manager Ozgur Sarioglu, Vice Personal Manager Mahir Adali,…
INTERTANKO announced that when its Council of Members met this week in Dubai it elected Nikolas Tsakos – President and Chief Executive of Tsakos Energy Navigation – as Chairman, succeeding Graham Westgarth who steps down after five years in post…
New York Harbor Tug Boat Captains and Crews, Staten Island Ferry Workers, Circle Line and Other Tourist Boat Crews Vote to Join New Union. New York-area watermen who operate tugboats, dredges, tourist boats and ferries, members of Staten Island-based Local 333…
MOL, Ultranav, OSG and Asahi Tanker reach agreement to pool product tanker operationMitsui O.S.K. Lines, Ltd. (MOL) announced that a pool agreement governing the formation of a new medium range pool has been signed among the partners: MOL…
Odfjell SE held a general meeting November 12, 2014 at which the nomination committee elected Annette Malm Justad as its new director of the board.Annette Malm Justad is a Norwegian citizen born in 1958. She has a master's degree in chemical…
Scorpio Tankers Inc. announced today that it has declared a quarterly dividend of $0.12 per share, reflecting an increase of 20% over the previous quarterly dividend, has entered into an agreement to purchase two newbuilding LR2 product tankers…
Ceremony signals the start of construction for SEA-Vista ECO Tanker, the first of three tanker ships to be constructed locally at NASSCO.General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, signaled the start of construction for three 50…
The number of ultra large vessels calling at the Port of Hamburg has been on the increase for years. This is resulting in some major challenges for the port operators, shipping companies and authorities. With the introduction of the Nautical Terminal Coordination (NTK)…
