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…
At 131 million tons in 2012, total throughput in the Port of Hamburg remained slightly below the previous year.Hamburg nevertheless remains the second largest container port in Europe and consolidates its 14th place among container ports worldwide…
Huntington Ingalls Industries' President & CEO Mike Petters keynote speaker at 27th Black Engineer of the Year (BEYA) Science, Technology, Engineering & Math (STEM) Conference.Petters spoke at the Historically Black Colleges and Universities (HBCU) Engineering Deans' Power Breakfast…
Birgit Liodden of YoungShip International to keynote WISTA USA lunch at CMA's Shipping 2013 conference.“We are pleased that fellow WISTA Norway member Birgit Liodden will be sharing her experiences bringing youth into our maritime industry with us at the luncheon”…
FRC International to host the upcoming Crew Systems Integration (CSI) conference in Poole, UK.The international conference includes over 20 presentations focussing on 9 integrated topics for the RIB and high speed craft sector. Keynote…
WheelHouse Technologies, Inc., provider of WheelHouse computerized maintenance management system as well as SeaKits Damage Control and Spare Parts Kits, has named Ian Morris its Production Manager as of February 1st, 2013. This newly established…
Construction work has begun on the United States Merchant Marine Academy's new Mallory Pier. Construction crews from Russell Marine have had a barge on-site in Hague Basin since early January focused on the first phase of the project, which…
Baker Hughes Incorporated announce the international offshore rig count for January 2013 was 307, up 8 from the 299 counted in December 2012.The count is unchanged from the 307 counted in January 2012.The average U.S. offshore rig count for January 2013 was 53…
Chief Commercial Officer (CCO) Lucas Vos will leave his post as from 1, May 2013.“Lucas Vos has been part of the top management team in Maersk Line for the past five years. He has been an integral part of turning the company around with the…
The Marguerite Fund has acquired a 22.5% stake in the German greenfield Butendiek offshore wind farm.The Butendiek project is a 288 MW greenfield offshore wind farm located in the North-Sea in the German exclusive economic zone, 32 km west of the German Island of Sylt…
The upcoming conference will concern itself with problems and prospects for the NSR with its huge potential.The Central Research Institute of the [Russian] Navy and the magazine “News of Maritime Petersburg' with the support of the Ministry…
Ship Operations Cooperative Program (SOCP) meeting invites maritime industry representatives. This meeting will focus on Recruiting the Next Generation of Mariners and how Regulatory Requirements and Critical Incidents impact the US Maritime Industry…