People & Company News


ASA Recognizes AWO for Support

Aug 05, 2011

The American Salvage Association (ASA) presented The American Waterways Operators’ (AWO) Chairman Peter Stephaich and President Tom Allegretti with a Chelsea brass ship’s striking clock as a way to recognize AWO’s support during the eight years that ASA was a valued member of the Vessel Alliance…

APL: On-time record in Trans-Pacific hits 94% in 1H 2011

Aug 05, 2011

Container shipping leader APL’s on-time performance in the Trans-Pacific trade was 94% for the first half of 2011. In its mid-year report on 2011 vessel reliability, the Singapore-based carrier said today that APL ships missed their arrival…

Seanergy Reveals Annual Meeting Results

Aug 04, 2011

Seanergy Maritime Holdings Corp. has announced the results of the annual meeting of its shareholders held yesterday at the company's executive offices. The following proposals were approved and adopted:1) The election of Dale Ploughman and…

Tidewater Reports 1Q Earnings

Aug 04, 2011

Tidewater Inc. has announced first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share…

Expanded HOTA Facility to Hold Naming Ceremony

Aug 04, 2011

Lord Cullen and Linda Ellis are to be honored in the official naming ceremony of the newly-extended HOTA facilities on the training provider's Malmo Road site in Hull on Thursday, September 22, 2011. Staff members suggested ideas for the…

Keppel Shipyard Wins Two Contracts

Aug 04, 2011

Keppel Shipyard Ltd has secured two contracts worth a total of S$146 million (over $120 million) to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit…

Mitsui, Hoegh Establish EML

Aug 04, 2011

Mitsui O.S.K. Lines, Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities of both shareholders and of Euro Marine Carrier BV.The new company…

Dryships: Partial Spin-Off of Ocean Rig UDW

Aug 04, 2011

DryShips Inc. (NASDAQ: DRYS)  announced that its Board of Directors has approved the partial spin-off of its interest in the Company’s majority-owned subsidiary Ocean Rig UDW Inc., of which DryShips currently owns approximately 78% of the issued and outstanding common stock…

WheelHouse Technologies Introduces WheelHouse Mobile for Smart Phones

Aug 03, 2011

WheelHouse Technologies, Inc. has launched WheelHouse Mobile, designed to provide real-time maintenance alerts and maintenance update capabilities from any smart phone in the cellular network. WheelHouse Mobile is a customer-driven enhancement to WheelHouse…

Coune Becomes Secretary General, International Transport Forum

Aug 03, 2011

Carole Coune has officially assumed the office of Secretary General of the International Transport Forum at the OECD. As of August 1, 2011, Coune takes over from Jack Short, who is retiring, as leader of the Paris-based intergovernmental organization which brings together 52 nations…

Titan Torque Turnover Up 118%

Aug 03, 2011

Titan Torque, the oilfield services specialist, has announced it has increased turnover by 118%, increased the size of its Aberdeen facility and launched a new service to the drilling sector.Rapidly-expanding Titan has secured additional operational…

Maritime Safety Committee Releases New Interim Guidance

Aug 03, 2011

Gray Page, a maritime intelligence, investigation and crisis management company, advised that the IMO's Maritime Safety Committee’s (MSC) recently-approved interim guidance on the employment of privately-contracted armed security personnel (PCASP)…

EU Funds Construction of BB Green Vessels

Aug 02, 2011

Under the 7th FRAMEWORK PROGRAM, EU is funding BB GREEN, an R&D project aiming at demonstrating feasibility of the first ever Air Supported Vessel (ASV) battery powered, fast commuter ferry. The 3 year project, initiated and coordinated by SES Europe AS (Norway)…

OSX Brasil Announces New Operational Plan

Aug 02, 2011

OSX Brasil S.A., announced a new Plan of Activities, to be implemented by its subsidiary OSX Construção Naval S/A, for production of offshore oil and gas E&P equipment at its Açu Shipbuilding Unit ('UCN Açu') up to 2015.OSX Brasil aims to construct the largest shipyard in the Americas…

Travelers Develops New Marine Construction Insurance Package

Aug 02, 2011

Whether building piers and docks, repairing bridges or retrofitting port facilities, construction contractors experienced in working along the waterfront are in demand. To help construction contractors manage both the marine and non-marine exposures that come with working in and around the water…

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