Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results.Full year 2012 Highlights: Net loss of $13.2 million or $0.34 net loss per share basic and diluted on total net revenues of $52…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners.Jack Kobelt founded Kobelt Manufacturing from his basement in 1962, developing unique, hand-engineered components for the marine industry…
Long recognized during annual Industry Breakfast at Progressive Insurance Miami International Boat Show & Strictly Sail. The National Marine Manufacturers Association (NMMA) today honored Bob Long, Owner and CEO of Marine Concepts, with the 2013 Alan J…
Each year, the American Society of Naval Engineers (ASNE) celebrates excellence in naval engineering by recognizing individuals who have demonstrated exceptional achievement in one or more facets of the industry.ASNE is pleased to announce…
Drydocks World & Maritime World today announced the institution of an employee award scheme to recognize performance excellence among its staff. The award which recognizes an employee’s commitment & work ethic in embracing the challenges…
We are pleased to announce that as from 1 February 2013 Jan Eckhoff, 37, has been employed as Chief Accountant with Dan-Bunkering.Jan has several years of experience both within accounting and management, and will be a part of the accounts department in the company’s head office in Middelfart…
Navis SPARCS N4 Terminal Operating System (TOS) reaches critical milestone with 100 terminals globally. Navis, a part of Cargotec Corporation and the global technology standard for managing the movement of cargo through terminals, has reached…
Wärtsilä and Nordic Investment Bank sign a EUR 50-million loan agreement to support Wärtsilä's R&D activities.The contract for this 10-year loan was signed in Helsinki, Finland on 13 February 2013. This R&D loan supports Wärtsilä’s long-term…
Kurt Nagle, president & CEO of the American Association of Port Authorities (AAPA), comments on President Obama's address.Mr. Nagle remarked as follows:“AAPA was extremely pleased that President Obama mentioned the value and need for…
The Florida Yacht Brokers Association (FYBA) has announced its Board of Directors for 2013.Ann Vernon, FYBA Executive Director, said, “I am delighted to congratulate this winning team of highly respected yachting industry veterans on being appointed to our Board for 2013…
Klϋber Lubrication, a worldwide manufacturer of specialty lubricants, appoint Ralf Kraemer chief executive officer (CEO).Kraemer assumes the role of CEO from Dieter A. Becker, who returns to Klüber’s global headquarters in Munich, Germany…
Dockwise supports combination with Boskalis and recommends the Boskalis Offer to shareholders.Extracts from the Dockwise statement follow:The Board of Directors of Dockwise has unanimously resolved to support the combination of Dockwise…
Wilhelmsen Technical Solutions (WTS) opens an office in Houston to service their increased offshore business.WTS is targeting increased business from the local offshore industry in the Gulf of Mexico and an expanded focus on Brazil, where…