Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has commenced a cash tender offer for any and all of its currently outstanding 9.5% Senior Unsecured Callable Notes due 2016 on the terms and subject…
Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico, the Department of Justice announced today…
Inchcape Shipping Services (ISS), a maritime services provider, announced a new hire within its Cargo Solutions division, with the appointment of Michael Ferguson as Vice President, Cargo Solutions, Terminals and Port Infrastructure.With…
The Danish Export Association’s Diploma, and His Royal Highness Prince Henrik’s Medal of Honor, was awarded to VIKING Life-Saving Equipment’s Korean representative, J.W. Lee, for close to thirty years’ of successful business partnership.The recipient of the Danish Export Association’s Diploma…
Cobham SATCOM has appointed Paul H. Jona as its new Senior Vice President (SVP). Starting March 03, 2014 Paul will work alongside incumbent SVP Walther Thygesen. After completing seven years of service as CEO of Thrane & Thrane A/S, and since July 2012 heading up Cobham SATCOM as SVP…
In an important decision for the P&I industry, on 6 March 2014 the Court of Appeal has ruled that a Limitation Fund can now be constituted by way of a Letter of Undertaking ('LOU') given by a P&I Club, as opposed to a cash payment into court…
United Arab Shipping Company (UASC) says it has taken up the option with Korea's Hyundai Heavy Industries (HHI) for one additional 18,000 TEU vessels, bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels…
Two men are rescued after their snowmobiles crashed through the ice about a mile offshore on Saginaw Bay near Bay City, Mich., and meanwhile the Coast Guard continue their efforts to keep the users of the ice-bound Great Lakes safe by gathering ice depth data…
AL BAHAR C/D HUTA 12 named, launched at IHC MerwedeIHC Merwede named and launched the 23,545 kW self-propelled cutter suction dredger ‘AL BAHAR’ C/D HUTA 12 in a ceremony on March 8, 2014 at the company’s shipyard in Kinderdijk, The Netherlands…
Kobelt announced today the hiring of Lance Lidstone and Sylvain Robitaille as Business Development Managers. Both will report directly to David Bockhold, CEO, and will be responsible for business development in the controls and steering sectors worldwide…
Seafarers’ charity Apostleship of the Sea (AoS) has paid tribute to its women port chaplains and ship visiting volunteers ahead of International Women’s Day 2014. AoS says women have and will continue to play a significant role within the organisation…
A memorial has been unveiled in Birkenhead (Wirral, Liverpool City Region, United Kingdom) dedicated to the victims of one of the worst maritime disasters of the 19th century.HMS Birkenhead, a steam frigate built by John Laird’s shipbuilders in Birkenhead…
FLIR Systems, Inc. announced that Cathy Stauffer and Catherine A. Halligan have been elected to its Board of Directors, effective immediately. The addition of Stauffer and Halligan increases FLIR Systems' Board of Directors to 10 members, eight of whom are independent…
BIMCO's Chief Shipping Analyst Peter Sand will speak at Asia Pacific Maritime (APM) 2014 in Singapore on 19-21 March 2014.The title of the BIMCO contribution is “The economics of ECO-ships,” and the presentation will take place on Thursday…
MAN Diesel & Turbo North America President, Robert Burger has appointed David Antoniazzi as Director Sales – Cruise, Ferry and Merchant. In his new capacity, he is responsible for promoting and selling MAN Medium Speed Engines and aft ship products in North America…