Port & maritime logistics services providers Wilson Sons Ltd. records record EBITDA of US$ 47.4-million in the third quarter of 2012.Highlights:The Company recorded Net Revenues of USD 157.5-million and record EBITDA of USD 47.4-million in the third quarter of 2012…
Ince & Co partner Jamila Khan has moved to the firm’s Piraeus office.Jamila has a broad practice covering all aspects of shipping and international trade and commodities disputes and commercial transactions. She has close links with…
Clay Maitland to join Peter Shaerf as organization’s chief drivers.New York Maritime Inc. (NYMAR) Chairman, Peter Shaerf of AMA Capital Partners, has announced that Clay Maitland will join him in heading this organization whose mission…
Huntington Ingalls Industries reports third quarter 2012 revenues of $1.60 billion, up 0.2 percent from the same period last year.Highlights: Revenues were $1.60 billion for the third quarter 2012 Diluted earnings per share was $0…
Propulsion & power providers Tognum confirm 2012 forecast in financial report ended 30, September.Highlights: • Solid order intake at €2,296.3 million in the first nine months • Revenues increase to €2,092.7 million • Adjusted EBIT margin of 8…
Euroseas Ltd. owner & operator of drybulk and container carriers publish financial reports period ending 30, September 2012Third Quarter 2012 Highlights: -Net loss of $0.8 million or $0.02 net loss per share basic and diluted on total net revenues of $13…
Public Hearings Scheduled to provide opportunities for public input. The Bureau of Ocean Energy Management has completed a draft Supplemental Environmental Impact Statement (SEIS), providing updated environmental and socioeconomic analysis…
War risk insurance specialist, DNK, is pleased to announce the appointment of Göran Skuncke as Insurance Director.Skuncke will be responsible for the Association’s insurance activities, with a particular responsibility for membership service…
The Chairman of Drydocks World and Maritime World, Khamis Juma Buamim delivered the key address at the Indonesia Investment Summit. The Summit convened by the Investment Coordinating Board of Indonesia - BKPM - in Jakarta in association with The International Herald Tribune on November 6-7…
Some owners are cancelling as they lack funds to complete the purchase of the ship.Many of the orders are being cancelled after the ships have been built, as the buyers find they can't pay for the product amid worsening economic conditions…
Greece-based container ship owners report third quarter & nine months financial results ending 30, September 2012.Mr. Michael Bodouroglou, Chairman, President and Chief Executive Officer of Box Ships Inc., commented: “The third quarter of…
Development of a 'Full Warship Trainer' at the focus of the cooperation. Thales Germany and Transas Marine International signed a cooperation agreement to develop and market a Full Warship Trainer (FWST). This modular simulation solution…
Greece-based container ship owners, Danaos Corp., reports Q3 & nine months results for period ended September 30, 2012.Highlights for the Third Quarter and Nine Months Ended September 30, 2012: Operating revenues of $156.3 million for the three months ended September 30…
The COSCO Group achieved net profit attributable to equity holders of $26.6 million on turnover of $937.0 million in Q3 2012.Group turnover inched down 3.4% to $937.0 million in Q3 2012 from $969.8 million in Q3 2011 due to a decrease in shipyard and dry bulk shipping revenue…
The company won several important contracts in the maritime and defence markets during the third quarter 2012.Q3 operating revenues totalled MNOK 3 675 and EBITA came to MNOK 570. This corresponds to an EBITA margin for the Group of 15.5 per cent…
