Arntzen Resigns, Johnston Takes the reigns at OSGOverseas Shipholding Group announce the appointment of Captain Robert Johnston as President & CEO.Morten Arntzen has resigned as President and Chief Executive Officer and as a director of the Company to be succeeded by Johnston…
Wilhelmsen Technical Solutions has established a new office in Houston, Texas in response to increased client demand for its newbuilding and aftermarket products and services.WTS is targeting increased business from the local offshore industry…
Unitech appointed Martin Vahl as chief executive officer. Mr Vahl will be responsible for heading up the continued growth of Unitech's global subsea connector business and expansion into the umbilicals and flying leads market. Formerly a Royal Norwegian Naval officer…
Intellian introduced three Inmarsat FleetBroadband (FB) networks as the latest additions to its line of satellite communication antenna systems. The FB150, the FB250 and the FB500 comprise a product line supported by Intellian’s industry-leading three year warranty…
Sener was awarded the jury prize from Capital magazine in recognition of work carried out by the engineering firm in the city of Bilbao,Spain. Sener’s president, Jorge Sendagorta, received the award from general manager of Innobasque José María…
DryShips Inc. (NASDAQ: DRYS), or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services…
Toisa Ltd. signed a contract with Hyundai Heavy Industries (HHI for the construction of a Multipurpose Offshore Construction Vessel (MOCV) designed by Ulstein. The vessel, with X-BOW hull line design was built in Korea with a customized version of Ulstein's Deepwater Enabler design…
Danaos Corporation reports fourth quarter and full year results for the year ended December 31, 2012.Financial highlights: Operating revenues of $151.8 million for the three months ended December 31, 2012 compared to $128.3 million for the three months ended December 31…
AdvanFort Company, approved by the Panama Maritime Authority (PMA) for Panama-flag vessel counter-piracy operations.“We at AdvanFort are very pleased that the world’s largest flag state has vetted our company and approved our highly-trained operators to protect their ships from piracy attack…
Military Sealift Command's (MSC) joint high-speed vessel, USNS 'Spearhead' visits the Port of St. Petersburg, FLA. U.S. Rep. C.W. Bill Young, Mayor Bill Foster and other distinguished visitors from St. Petersburg joined Navy Chief of Information Rear Adm…
YachtCloser, the yacht brokerage industry’s web-based contract management system, names Jim Coburn to its strategic advisory board.In this capacity, Coburn will work with the YachtCloser team on the development of new and innovative products…
Greece's DryShips Inc. is to offer the public 5-million of the common shares it holds in Ocean Rig UDW.Following the completion of the offering, DryShips is expected to own approximately 61.3% of Ocean Rig’s outstanding shares (Ocean Rig is a provider of offshore deepwater drilling services)…
Insurance specialist in the global freight industry, TT Club, sees proliferation in technological capabilities & tailored supply chain processes.A long-term supporter of the British International Freight Association (BIFA) Awards, TT Club sponsored the 2012 European Logistics Award…
USA Maritime & its member organizations applaud the launch of a new bipartisan Congressional Maritime Caucus.The organization also thanked the new Caucus Co-Chairs Representatives Cedric Richmond (LA-02) and Michael G. Grimm (NY-11) for their…
Nordic American Tankers Limited (NAT) publishes its Q4 2012 financial report.Extracts from the report follow:In 2012, NAT improved its relative position within the industry despite a weak market. By retaining a strong balance sheet throughout 2012…