Oil & Gas industry warms to Reflex Marine’s cold weather device – ‘The Arctic Thermal Pod’Expert in marine personnel transfer Reflex Marine has developed an innovative safety accessory for use with the FROG – the ‘Arctic Thermal Pod’. The…
AAPA Concerned Federal Budget Cuts May Impact Port Security Progress.Port and industry leaders from throughout the Western Hemisphere will pause on Sunday, Sept. 11, as part of the 100th Annual Convention of the American Association of Port Authorities (AAPA) in Seattle (Sept…
DryShips Inc. (NASDAQ: DRYS) announced its unaudited financial and operating results for the second quarter and six month period ended June 30, 2011.For the second quarter of 2011, the company reported a net loss of $114.1m, or $0.33 basic and diluted loss per share…
Murmansk Shipping Company was selected among other operators of icebreaking fleet by U.S. National Science Foundation (National Science Foundation - NSF) which provides U.S. Antarctic Program. The ice-breaker Vladimir Ignatyuk successfully works in Antarctica…
“We have arrived at the end of a downturn that has lasted since late 2008, and the market for modern offshore vessels is now turning around. BOURBON has every chance of being the first to benefit from this new turn of events thanks to a high-performance modern fleet and a worldwide network…
Vizada launched SkyFile C Store & Push to offer customers highly-reliable data reporting and polling services, including VMS (Vessel Monitoring System), LRIT (Long Range Identification & Tracking) and FleetNet.This new development enables…
A group of veteran seafarers are encouraging youngsters to consider what has become an important but ‘forgotten profession’ as the country prepares to celebrate Merchant Navy Day on September 3.Residents at the Royal Alfred Seafarers’ Society…
Japan Radio Co., Ltd. (JRC) delivered its 15,000th Tornado radar from the Mitaka factory in Tokyo, Japan. Found in the JMA-5200 through to the JMA-9100 series, this new capability allowed the radars to perform the complex tasks associated with the company’s other in-house developed technologies…
Military and industrial aluminum boat manufacturer SeaArk Marine, Inc. of Monticello, Arkansas said it will temporarily suspend acceptance of new boat orders until further notice. Due to very sporadic and extremely low (new construction) sales figures for nearly 24 straight months…
Huntington Ingalls Industries, Inc. (NYSE:HII) said that its Ingalls Shipbuilding division celebrated the 'start of fabrication' of the U.S. Coast Guard's fourth National Security Cutter, Hamilton (WMSL 753). The shipbuilding milestone signifies…
Containership orders are increasing at a dramatic rate, analysis from Braemar’s Seascope’s research division has revealed.Figures show that since the beginning of this year 52 containerships of 10,000TEU or larger have been ordered – compared…
Logistics company SBS Worldwide worked tirelessly through the weekend to maintain its clients’ supply chains as the devastating hurricane Irene battered the US north east.Early on Monday morning, SBS Worldwide’s New Jersey office was “open for business as usual”…
Grundfos has hired Jon Berggren as a new Business Development Manager to further strengthen the global pump manufacturer’s marine sector.Berggren holds degrees in mechanical engineering and marketing. He has 14 years of international experience in the maritime industry…
Kadey-Krogen 52’ Hull Number One Scheduled for World Debut in Seattle Boats Afloat Show, Sept. 14-18.Hull number one of the new Krogen 52’ departed Asia Harbor Yacht Builders in Kaohsiung, Taiwan on August 22 and is set to make its international…
Nordic American Tankers Ltd. Letter to Shareholders From the Chairman and CEO - NAT Is Different.Dear Shareholder,It is time to update you on recent developments in the Company and our industry. As we have stated before, it is at times…