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MARAD Honors Memory of Richard Oliver Kelleher

May 20, 2011

Maritime Administrator David Matsuda today honored the memory of Richard Oliver Kelleher during the U.S. Department of Transportation’s National Maritime Day observation.  Administrator Matsuda presented six posthumous awards to the family of Kelleher…

Seasure Shipping Launches Vesselsvalue.Com

May 19, 2011

An online service for valuing commercial vesselsA London-based firm of Sale & Purchase shipbrokers established in 1993, today announced the launch of VesselsValue.com, the first online service that provides automated, data-driven valuations…

ABS Opens Office in Stavanger

May 19, 2011

Classification society ABS announces the opening of an office in Stavanger, Norway to further extend its global reach and provide dedicated support to its growing Norwegian client base.   Known for its leadership in offshore classification and technology…

Dryships Increased Backlog for Ocean Rig UDW

May 19, 2011

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced today that Ocean Rig UDW Inc., its majority owned subsidiary, has secured further backlog…

SBI Minerva Award Presented to Jo-Kell CEO

May 19, 2011

Suzy Kelly, CEO of Jo-Kell Inc., an electrical distributor and engineering company, received the Small Business Insight Minerva Award at the 1st Annual Minerva Awards Luncheon on April 6, 2011. The event was held at the Holiday Inn Executive Center in Virginia Beach…

Seanergy Maritime Holdings Reports Q1 Results

May 19, 2011

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP; SHIP.W) announced today its operating results for the first quarter ended March 31, 2011.Financial Highlights:First Quarter 2011* Net Revenues of $25.2 million* EBITDA of $12.9 million* Net Loss of $1…

Box Ships Takes Delivery of Containership

May 19, 2011

ATHENS, Greece, May 19, 2011 – Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the MSC Siena, a 4,546 TEU container vessel built in 2006…

General Dynamics Awarded $34M for Development

May 19, 2011

General Dynamics Electric Boat has been awarded a $33.5 million contract modification by the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD)…

OOCL Executive Changes

May 19, 2011

OOCL is pleased to announce the following executive movements in our headquarters and Hong Kong regional office, effective from June 13, 2011.Ms Miranda Lou, currently Managing Director, OOCL Hong Kong Branch will succeed Mr Taylor Gao as Director…

NOL Group's Two-Berth Terminal in Qingdao

May 19, 2011

Joint venture with Chinese firms; first ships to call late in 2011NOL Group today announced a joint venture to operate a two-berth container terminal at the Port of Qingdao. The terminal, expected to open in the second half of 2011, will be NOL’s first in mainland China…

Hyperdynamics Offshore Guinea Exploration Project

May 19, 2011

AGR Petroleum Services today signed a drilling contract, on behalf of Hyperdynamics Corporation (NYSE Amex: HDY), with Jasper Drilling Private Limited of Singapore to contract the drill ship Jasper Explorer for drilling in Hyperdynamics' concession offshore the Republic of Guinea…

U.S. MARAD Presents Posthumous Medals

May 18, 2011

On Thursday, May 19, 2011 at 10:00 a.m., as part of the U.S. Department of Transportation’s National Maritime Day observance, U.S. Maritime Administrator David Matsuda will award six posthumous Merchant Marine Medals to the family of Richard Oliver Kelleher…

Wilhelmsen Ships Service Appointments in Russia

May 18, 2011

Wilhelmsen Ships Service has announced two key appointments in Russia as part of its ongoing programme of global expansion.Alexander Fomin has been appointed Account Manager West Russia and will be based in St.Petersburg, handling customer accounts in St…

Mariners Aboard USNS John Ericsson Rescue Five

May 18, 2011

Civil service mariners aboard USNS John Ericsson rescue five people at sea near Solomon Islands  Civil service mariners aboard Military Sealift Command fleet replenishment oiler USNS John Ericsson rescued five people lost at sea in a small boat near the Solomon Islands May 18…

MTU Upgrades Series 1163 for IMO Standards

May 18, 2011

Tognum Group Brand MTU has announced that it will update its Series 1163 marine engines for IMO 2 and IMO 3 emissions regulations. While more and more vessel manufacturing is shifted to shipyards in Asia, this will not only contribute to a more environmentally friendly Asian coastline…

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