People & Company News


Incat Crowther Powers Waterski Record

Apr 14, 2010

Incat Crowther supported the Horsehead Water Ski Club as it recently set a new water ski world record on the 28th of March 2010. The club had already set the mark of pulling 120 skiers from a deep start in January this year (the most ever pulled behind one boat)…

Hollinger Joins Deep Down Board Member

Apr 12, 2010

Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, announced that Mark R. Hollinger has joined its Board of Directors…

Johnston Metal Shark Boats Comms Director

Apr 12, 2010

Metal Shark Boats announced that it has named Brian Johnston as the company's Director of Communications.  Johnston assumes responsibility for Metal Shark's advertising and public relations activities, as well as associate and industry communications…

NAT Increases Fleet to 20 Vessels

Apr 12, 2010

Nordic American Tanker Shipping Limited announced that it has entered into a preliminary agreement with Samsung Heavy Industries Co., Ltd., a leading Korean shipyard, to build two suezmax tankers of 158,000 deadweight tons each to be delivered to the company in the third and fourth quarters of 2011…

Star Bulk Second Capesize Newbuild

Apr 12, 2010

Star Bulk Carriers Corp. (NASDAQ: SBLK) has signed a contract with ship-builder Hanjin to build a second capesize vessel of 180,000 deadweight tons, a sistership to the first vessel ordered, with expected delivery in November 2011. The company…

NAVSEA Employees Recognized, ASNE Day 2010

Apr 12, 2010

Four Naval Sea Systems Command (NAVSEA) employees were recognized for engineering excellence, April 7-9, by the American Society of Naval Engineers (ASNE) at the society’s conference in Arlington, Va. NAVSEA’s Capt. Albert Grecco, Craig Brandenburg…

Navios Appoints George Malanga to Board

Apr 12, 2010

Navios Maritime Holdings Inc. (NYSE:NM), a global, vertically integrated seaborne shipping and logistics company, announced the appointment of George Malanga to its Board of Directors.George Malanga is currently serving as the Chief Credit Officer of The Bank of New York Mellon Corporation…

Genco Expands Time Charter Coverage to 63%

Apr 12, 2010

Genco Shipping & Trading Limited (NYSE:GNK) announced that it has reached an agreement to extend the time charter for the Genco Knight, a 1999-built Panamax vessel, with Swissmarine Services S.A. for approximately 11 to 13.5 months at a rate of $25…

DP World & Dubai World Chair on New Land

Apr 12, 2010

The Chairman of DP World and Dubai World has become the first person to step on land created at the UK’s newest port and logistics development, London Gateway.Sultan Ahmed bin Sulayem has inspected the first section of reclaimed land as…

Telemar Broadband SatComms for Rickmers Fleet

Apr 09, 2010

The Telemar Group through its German subsidiary Telemar GmbH is to provide broadband satellite communication for the entire Rickmers fleet. The Rickmers Group, operating a fleet of 102 vessels, is a diversified group with activities in the business fields of ship owning and ship management…

Globus Maritime to Acquire Supramax Carriers

Apr 09, 2010

Globus Maritime Ltd (AIM: GLBS) (LSE: GLBS), a global shipping transportation company that owns and operates Supramax and Panamax dry bulk carriers, announced that in line with its fleet renewal program it has agreed to purchase from an unaffiliated…

Samsung Heavy to Secure 1,000 More Patents

Apr 08, 2010

According to an April 7 report from The Dong-A Ilbo, Samsung Heavy Industries said it will acquire about 1,000 more patents by investing $445m in the development of eco-friendly shipbuilding technologies by 2015. The company holds 1,000 patent rights…

Sea Star, American Shipping Realign Leadership

Apr 07, 2010

American Shipping Group, Inc. announced the following organizational changes:  Frank Peake will join the American Shipping Group (ASG) as Vice President, focusing on strategic planning for all ASG companies operating in the Puerto Rico and Alaskan markets…

NewLead Dropdown of Six Vessels

Apr 07, 2010

NewLead Holdings Ltd. (NASDAQ:NEWL) announced it has completed the dropdown of six vessels (four drybulk vessels and two product tankers) and Newlead Shipping S.A., an integrated technical and commercial management company, from Grandunion Inc…

Hoffman Joins Cobham Life Support-ACR Products

Apr 07, 2010

Christopher Hoffman joined Cobham Life Support-ACR Products as the Director of Business Development - Beacon Technology. Hoffman brings a wealth of experience in the area of satellite detectable, emergency locator beacon development to Cobham Life Support-ACR Products…

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