NYK and OOCL are pleased to announce that they have entered into an agreement for the charter of four 13,000 TEU ships. OOCL has exercised its option to order an additional four 13,000 TEU ships on top of the original order of six. Out of the ten ships…
Castrol Marine has renewed the Corporate Membership of the Institute of Marine Engineering, Science and Technology’s (IMarEST) Marine Partners initiative.“If there is one thing better than acquiring a new member of the Marine Partner scheme…
To better prepare residents and emergency services of an impending flood, BMT WBM, a subsidiary of BMT Group, the leading international maritime design, engineering and risk management consultancy has further enhanced its flood modelling software…
Konsgberg Maritime is shipping in its Rigid Hull Inflatable Boat (RHIB) Simulator for the inaugural Nor-Shipping Campus, a new event introduced to engage school and university students with the maritime industry. As the company's fastest boat simulator…
Volkswagen Group of America, Chattanooga Operations has selected the Port of Savannah’s Garden City Terminal to handle auto parts in containers for its new plant in Tennessee.“We look forward to this new partnership with the Port of Savannah…
Bureau Posts Vacancy Announcement in Nationwide SearchWASHINGTON – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced it is seeking to fill a senior position in the Bureau of Safety and Environmental Enforcement (BSEE)…
Diana Shipping Inc. (NYSE:DSX), a global shipping transportation company specializing in dry bulk cargoes, today announced that it has agreed to purchase from an unaffiliated third party the MV 'Corona', a 2007 built Panamax dry bulk carrier of 73…
Star Bulk Carriers Corp. (Nasdaq: SBLK),a global shipping company focusing on the transportation of dry bulk cargoes, today announced that it has entered into definitive agreements to acquire two Capesize bulk carriersfor an aggregate purchase price of approximately $51…
Fosnavåg-shipping company Olympic Shipping contracting newbuildings at Kleven Maritime to 380 million. With this contract Kleven Maritime has a backlog of 10 ships to a total value of 3.7 billionContract with Olympic Shipping Kleven Maritime…
The first issue of the Customer Magazine for 2011 has been sent to our international network. All our offices around the world will be distributing them to customers within the next few days.The Wilhelmsen Ships Service Customer Magazine…
NOL Group, the Singapore-based container shipping and logistics company, today reported a first quarter 2011 net loss of US$10 million compared to a net loss of US$98 million in the same period last year.NOL said first quarter 2011 revenue was US$2…
Terminal Muelle Norte at Peru’s largest port is the latest of three expansions into new areas won by APM Terminals this year.Lima, Peru- The new 30-year concession contract for the development and operation of Terminal Muelle Norte at the…
Sigurd Viseth is employed as a deputy managing director of Ulstein Verft. He begins the position in mid-May. Viseth comes from Wärtsilä Norway AS and the position of vice president for sales in the country. Before that he worked six years as CEO…
DryShips Inc. (NASDAQ: DRYS), or the Company, a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., of off-shore contract drilling oil services,…
Highlights: - EBITDA of NOK 424 million in Q1 2011 compared with NOK 88 million in Q1 2010.- Profit before tax of NOK 334 million for Q1 2011 (Q1 2010: NOK -151 million).- Orderbook situation: • Order intake of NOK 1 708 million in Q1 2010 (Q1 2010: NOK 2 808 million)…