Somali based pirates continue to cause serious challenges to merchant vessels transiting the Indian Ocean.At the time of writing, EU NAVFOR statistics indicate that there are 26 vessels and 582 crew held captive off the coast of Somalia (not…
LONDON, April 12, 2011 - Stolt-Nielsen Limited (Oslo Børs: SNI) completed its previously announced open market partial tender offer ('Offer') for SNL common shares with a total maximum value of $47 million. SNL bought back 1,825,900 shares at a price of NOK 140 per share at a total cost of $46…
Bollinger Shipyards appointed Charles 'Skip' Bowen as Program Manager for the FRC “Sentinel” Class Patrol Boat building program at Bollinger’s Lockport facility. Bowen joins Bollinger following a 32 year career with the United States Coast Guard…
Frosch is ranked as the #6 Travel Management Company in the US, with dual headquarters in Houston and New York. To continue its growth, Frosch recently created and hired a Marine and Offshore Specialty Team with a combined 100 years of experience in crew rotation management…
Terresolve Technologies, Ltd. announced that Larry Rigdon, founder and former CEO of the Rigdon Marine Corporation, has joined the company’s board of directors. Rigdon, a former executive vice president of Tidewater, Inc., also sits on the board of the National Ocean Industries Association…
ClassNK Chairman and President Noboru Ueda called for class societies to play a more central role in the maritime industry’s ongoing efforts to reduce maritime GHG emission during a speech at Sea Asia 2011 in Singapore today. “Classification…
Following the historic crisis year of 2009 and a first-time ever decline in global transports in container liner shipping, 2010 saw an unexpectedly sharp volume rise.Hamburg Süd, too, benefited from a resurgent world economy along with her…
General Maritime Corporation (the 'Company') (NYSE: GMR) announced today that the underwriters of its recent public offering of 23,000,000 shares of the Company's common stock fully exercised their over-allotment option to purchase an additional 3…
Sea-Alliance Group (SAG), the international maritime business, has recruited Brigitte Tison as Personal Assistant to the company’s Technical Manager, marine engineer Pino Di Mora. The appointment comes as the company experiences significant and growing demand for its technical services expertise…
Calgary AB, (April 12, 2011) Wescorp Energy (“Wescorp”) (OTCBB: WSCE), today announced that it has entered into a joint venture with Allied Holdings Group (“Allied”), based in Alexandria, Virginia to pursue certification of Wescorp’s H2Omaxx…
Damen is putting the finishing touches on an innovative “Twin Axe” High Speed Support Vessel 2610, a vessel design which is believed to be one of the most innovative design concepts developed by Damen in the last decade, and which will serve the burgeoning offshore wind farm market…
The Isle of Man ship Registry has significantly boosted its presence in Asia with the appointment of Geoff Hutcheon (pictured) as its Surveyor in Singapore to serve shipowners in the growing Asia Pacific markets. Geoff Hutcheon will be based…
Harris Corporation, an international communications and information technology company, has completed its previously announced acquisition of the Global Connectivity Services (GCS) business from an operating unit of Schlumberger.Harris combined…
Inmarsat (LSE: ISAT) today announced two new appointments to its North American teams.David Helfgott becomes President of Inmarsat, Inc and Head of Business Development, Americas and Peter Hadinger joins Inmarsat Global Xpress™ as President of Inmarsat Government Services Inc (IGSI)…
Austal has unveiled its study on the application of liquefied natural gas (LNG) as a fuel for several types of ferries, as an alternative to traditional fuel options in medium and high speed vessels.Austal’s success is centred on the design…