Creditors of the ailing shipbuilder agree to provide STX Offshore with (US$540 million) in emergency loans.The news is cited as coming from the main creditor bank and is reported by the Yonhap News Agency.STX Offshore, the shipbuilding unit of STX Group…
Coast Guard Station Charlevoix, Michigan, accept delivery of the station’s new 45-foot Response Boat-Medium, built by Marinette Marine, of Manitowoc, Wis.The RB-M can respond faster than previous boats of similar size with a top speed in excess…
The bunker sector has entered into close collaboration to better guarantee the quality and quantity of bunkering supplied in the port of Rotterdam.To that aim, Hendrik Muilerman on behalf of the Netherlands Petroleum Industry Association (VNPI)…
As the Hudson River begins to melt the Coast Guard buoy tender 'Katherine Walker' heads north towards Albany, N.Y.The Katherine Walker is a 175-foot buoy tender, homeported in Bayonne, N.J. Its major mission includes the servicing of aids to navigation throughout New York Harbor…
Container ship owners Box Ships Inc. release their financial results for the quarter ended March 31, 2013.Mr. Michael Bodouroglou, Chairman, President and Chief Executive Officer of Box Ships Inc., commented on the report:'Our sector is…
Latest Navy contracts issued by the U.S. Department of Defense include:CACI Technologies Inc., Chantilly, Va.Awarded a $20,150,158 modification to previously awarded contract (N00024-13-C-6322) for professional support services in support of Program Executive Office Littoral Combat Ships…
The Board of Directors of leading US carrier in the Pacific, Matson Inc., declares its second quarter cash dividend of $0.15 per share.'I am pleased to announce that our Board of Directors have authorized our second quarter 2013 dividend,' said Matt Cox…
Rolls-Royce gets a repeat Sølvtrans AS order for the design & propulsion package of a ship developed specifically for transporting live fish.The first ship is due for delivery in June this year and this latest contract also includes options to build two more vessels of the same type…
Zepol Corporation released a report analyzing the trade activity for the top 20 ports in the United States. The annual report provides detailed import information for each port and compares trends to the previous year as well as sheds light upon potential future developments…
Greene’s Energy Group (GEG) promoted Stuart LeBlanc to Northern Regional Manager for the Testing and Services business unit locations in Imperial and Towanda, Pa., said President Eric Langlinais. LeBlanc will oversee the day-to-day operations…
Ports America CEO Michael Hassing announced the appointment of John Carver to the position of executive vice president of business development, effective May 1.Carver, domiciled in New Jersey, will report directly to President and CEO Michael…
Rapp Hydema formed a new affiliate company, Rapp Hydema Canada Marine Incorporated. The new company will be associated with manufacturing and servicing of company’s lines, including winches and LARS (launch-and-recovery systems).Expanding…
International law firm Ince & Co. announced the imminent promotion of three lawyers to the partnership.DubaiRania Tadros – Rania has experience in commercial arbitration and litigation within the shipping and energy and offshore markets…
GAC Hong Kong’s multiple eco-friendly efforts were awarded First Prize in the GAC Group Chairman’s Award for Environmental Excellence for 2012.Since 2009, the company has been recycling paper, aluminum, plastic, toner cartridges, electronic equipment and more…
At the 151st Annual Meeting of the Members of ABS, and the subsequent meeting of the ABS Council, industry leaders were elected to serve on a number of bodies that contribute to the operation of the classification society as it fulfills its…
