HMS Global Maritime completed the purchase of the steamboat American Queen. Built in 1995, the American Queen, at 419-feet long, is the largest, most opulent riverboat ever built and offers 222 staterooms and suites that accommodate 436 guests attended to by a crew of 160…
HARTFORD, Conn., August 11, 2011 – The Travelers Companies, Inc. is pleased to announce the appointment of Raymond T. Martino as the President of its Ocean Marine business unit. Martino is responsible for the overall leadership and management of Travelers Ocean Marine…
This year’s MTS Houston Section Barbecue will be held on October 20, 2011 at Thrustmaster of Texas’s North Houston location off 290/FM529. This major fund-raiser event attracts over 400 participants, as well as some 50 exhibitors. More information available on the web at http://www…
XL Insurance, the insurance underwriting operations of XL Group (NYSE: XL), appointed Richard DeSimone as President of its US Ocean and Inland Marine unit. DeSimone will be based in New York and reports to Neil Robertson, Chief Executive, Global Specialty in London…
Marine Travelift has announced the promotion of Erich Pfeifer to President and Chief Operating Officer beginning August 10, 2011. Erich Pfeifer is succeeding the company’s President and CEO for the past eight years, Steve Pfeifer. Steve Pfeifer…
Tsakos Energy Navigation Limited (TEN) announced that its Board of Directors has authorized a new share repurchase program on the company’s common shares allocating up to $20 million for purchases in the open market and in other transactions…
Huntington Ingalls Industries, Inc. reported second quarter 2011 sales of $1.56 billion, down 2.9 percent from the same period last year, and operating margin of 5.8 percent, up from negative 1.2 percent last year. Second quarter diluted earnings per share was $0…
Marine and offshore fluid handling specialist Hamworthy has launched a new learning initiative aimed at offering tailor-made training packages for its end users. The service, Hamworthy Academy, includes a range of courses which are designed…
It’s been called everything from the Graveyard of the Atlantic to Torpedo Junction. By whatever name, the seas off the coast of North Carolina during World War II were the site of a devastating period for the United States, during which dozens…
STAR Center, located in Dania Beach, FL, is launching into the Dynamic Positioning (DP) Training market, expanding its simulation training services to the offshore, cable laying and cruise ship markets in the Gulf of Mexico and beyond.In…
SeaArk Marine announced the retirement of Vice President of Engineering, Casmer “Cas” Kirby. Kirby began his career with SeaArk Marine, Inc. in 1991 and was promoted to Vice President of Engineering for the company in 2006. During that time…
L-3 Marine & Power Systems (M&PS) has extended its presence into the Brazilian marketplace by opening a new office and appointing key local staff. All regional operations for the new Brazilian office will be led by Jonas Henrique Lobo. Lobo…
Star Bulk Carriers Corp., a shipping company focusing on the transportation of drybulk cargoes, announced that its Board of Directors has declared a cash dividend of $0.05 per outstanding share of the company's common stock for the three months ending June 30…
Top R&D investing companies based in the EU expect their global research and development (R&D) investments to grow by 5% annually from 2011 to 2013. This is more than double last year's expectations, and represents a significant upturn from the 2…
In this year’s 'Global Container Terminal Operators' annual report, Drewry Maritime Research has introduced an additional ranking of terminal operators which includes SIPG, China Merchants, Modern Terminals and Ports America in the Top 10. The…