DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that it has signed agreements with Nord LB and West LB on waiver terms for $116m and $67m respectively of our outstanding debt…
PD Ports has been shortlisted for the International Bulk Journal Awards 2009, in the category of Best Ship Loading/Unloading System. The awards, which take place in Amsterdam on 23rd November, will see PD Ports compete against four other entries…
ART Marine, an Abraaj Capital portfolio company and the Middle East's largest importer and distributor of luxury motor-yachts, announced the appointment of a highly experienced CEO from the United States to drive its expansion in the region as demand for pleasure craft begins to recover…
Energy Cranes International Limited, provider of offshore lifting and handling services which includes Sparrows Offshore, Aberdeen Hydraulics and Baricon Systems, announced the appointment of Doug Sedge as chief executive officer (CEO). John Jordan…
Maritime service network, Wilhelmsen Ships Service, has appointed Frederic Fontarosa as Business Director of their Business Stream Ships Agency and Bunkers. Frederic has held senior management positions in Wilhelmsen Ships Service during the…
SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI), an independent marine fuel suppliers, announced it has appointed Michiel Van Eijck to the position of Sales and Marketing Director for Europe. Van Eijck will maintain relationships Chemoil has…
CMA CGM, a container shipping company, announced that it is piloting INTTRA’s Web-based eInvoice solution with select customers in North America. INTTRA’s system will enable CMA CGM and its customers to submit, receive, review and process invoices more efficiently and accurately…
Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit is marking a major milestone in the history of the company’s leadership in radar technology with the celebration this year of the 60th anniversary of the launch of its first marine radar…
Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, has teamed with L-3 Communications (NYSE: LLL) to pursue the Navy’s next generation landing-craft, the Ship-to-Shore Connector (SSC), and…
October 13, 2009-Evergreen Line and China Shipping will commence a joint weekly service linking ports in Asia to locations in the American and Canadian Pacific Northwest. The two lines say that the purpose of the new service is to use mutual…
American Commercial Lines Inc. (NASDAQ: ACLI) announced that the Company will build fifty covered hopper barges for use by its Transportation Services Division at the Company's Jeffboat manufacturing subsidiary in the first quarter of 2010.Commenting on the build plan…
Akbar Khan, Vice President, Government Services Division, Inchcape Shipping Services Middle East, India & Africa, attended the re-launching of ISS’ Goa office.ISS resumed port agency operations in India in June 2005. The firm’s origins lie in Calcutta where forebears…
Drydocks World, a ship repair, conversion and new building yard, announced the establishment of its representative office in Abu Dhabi.Hamed Mohammed Bin Lahej, - Drydocks World Executive Vice Chairman and Regional CEO for the Middle East…
K. Chidambaram and R.K. Mohanty of MC HR Management Pvt. Ltd., and Mr. Albert R. Carbone of Stelvio Inc., Montreal Canada, announce an agreement which will see Stelvio’s ShipDecision software distributed in India. The two companies signed an…
Ireland-based accountant and consultant Moore Stephens Nathans has been appointed auditor to the group of companies recently set up under the name Fastnet Line to operate a new passenger and freight ferry link between Swansea in Wales and Cork in Ireland…