ATHENS, GREECE – April 18, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing…
SINANJU joins the list of SpecTec’s ever growing distinguished customers by committing to AMOS2 Enterprise Suite. The project includes interfacing to third party accounting system; database construction, training and implementation. SINANJU…
The Shipping Corporation of India Ltd. (SCI) has signed contracts for acquisition of two resale Supramax bulk carriers with M/s Grand Yard. Investments Ltd., China on 15th April, 2011. These vessels have been acquired through a competitive…
Golar LNG Limited is pleased to announce that it has entered into a firm contract to build four 160,000 m3 LNG carrriers with the Korean shipbuilder Samsung Heavy Industries Co Ltd ('Samsung'). The newbuilding contracts were originally entered…
Peter G. Vigue, chairman and chief executive officer of The Cianbro Companies will address the graduating class at Maine Maritime Academy’s (MMA) 68th Commencement on Saturday, April 30, 2011, at 11 a.m., in Alexander Fieldhouse. Vigue, a 1969 graduate of Maine Maritime Academy…
Athens, Greece, April 12, 2011 - Omega Navigation Enterprises, Inc. (NASDAQ:ONAV), a provider of Global Marine Transportation services specializing in product tankers, announces that it has reached an agreement with its lenders to amend the…
The engineers at West Maritime have become a part of the Design & Solutions business area at ULSTEIN, in connection with a strategic effort to strengthen the engineering area.“Engineering is an important focus for Design & Solutions, as it…
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…