In related recent announcements Ultrapetrol (Bahamas) says it intends to offer secured Notes, & has completed the sale of 7 barges.Ultrapetrol (Bahamas) an industrial transportation company serving marine transportation needs in three markets (River Business…
Houston-based Forum Energy Technologies agrees to acquire Blohm + Voss Oil Tools from STAR Capital Partners Limited (STAR), a London based private equity firm.Completion of the transaction is subject to certain customary closing conditions…
Greek shipowners must now pay tonnage tax on ships operating under flags other than the Greek flag which are managed by companies based in Greece, or offshore companies which have a branch in Greece, operating under Law 89 of the Greek constitution…
Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, has made an equity investment in Gulf Coast Shipyard Group, Inc.Gulf Coast Shipyard Group, is a manufacturer of a variety of ocean-going and inland marine vessels for…
Seadrill announces favourable first quarter 2013 financial results. Highlights • Seadrill records its best operating quarterly result ever and generates first quarter 2013 EBITDA*) of US$713 million • First quarter 2013 net income of US$440 million and earnings per share of US$0…
18 Tall Ships from around the world to navigate into the Western Basin of Lake Erie for 'The Battle of Lake Erie Bicentennial,' Aug. 29, 2013.From Norway to Duluth, Minnesota, the tall ships of the past now call ports from all over the world home…
G2 Crew Services, the J/V between Griffin and GAC, teams with iVitta to provide a cell phone SIM that covers more than 1,000 ports worldwide.'Web access on board vessels remains the exception rather than the rule and most crew rely on text…
Amongst the latest Department of Defense, Navy, contracts, BAE gains contract modification for work on warship DDG 59's extended drydocking.BAE Systems San Diego Ship Repair Inc., San Diego, Calif., was awarded May 24, 2013, a $49,796,139…
Chief Petty Officer Karen Voorhees is the first woman to be advanced to chief petty officer in the rate of aviation survival technician.“In 1976 we had the first female graduate from aviation survivalman school. In 1986 we had the first female graduate from a navy rescue swimmer school…
Wilhelmsen Technical Solutions (WTS) agree with Italy's Roccheggiani to supply Heating, Ventilation & Air Conditioning (HVAC) systems to the offshore market.The HVAC and air handling specialists join forces to offer improved solutions to shipyards for newbuilding and after sales projects…
Adolph Ojard, Executive Director of the Duluth Seaway Port Authority, plans to retire this year after serving in that leadership role for the past decade.A national search is underway for a new Executive Director. The board anticipates having that person hired by the end of summer/early fall…
Kane Environmental, Inc. announced its sponsorship of The Promise of the Arctic, a policy-driven conference that seeks to explore the opportunities and challenges of the harsh Arctic environment. The two-day conference will begin on Wednesday…
Jamaica Joins the Pledge to Reduce the Loss of Lives at SeaJamaica is backing a pledge by the Secretary General of the International Maritime Organization (IMO) to half the number of lives lost at sea by 2015.Mr. Koji Sekimizu has made…
U.S. Senators Mark Begich, Roger Wicker (R-MS) and Brian Schatz (D-HI) introduced legislation to strengthen the National Oceanic and Atmospheric Administration’s (NOAA) Commissioned Officer Corps as a national asset and improve its ability to…
Blue Star Line engages Tillberg Design of Sweden to provide architectural & design services for the interior of the 'Titanic II' project.Titanic II, a full scale version of the original ship, is being designed by the Finland-based Deltamarin…