VT Halter Marine, Inc. (VT Halter Marine) announced the appointment of Rear Admiral (Ret.) John J. Prendergast, III to the position of Executive Vice President (EVP).Mr. Prendergast will be responsible for a broad range of functions including Government Contracts…
Cost of hardware pales in comparison to cost of downtime: Higher productivity, increased labor costs and a strong trends towards true mobility in the work place are all factors that have put the spotlight firmly on ‘total costs of ownership’ for computers and devices…
Statement by FMCS Director George H. Cohen on East Coast Ports Labor Negotiations. The following is being released by Federal Mediation and Conciliation Service: 'FMCS Director George Cohen has called a meeting of the ILA and the Maritime…
GAC Sri Lanka won two top prizes in the National Business Excellence Awards. It won Gold Awards in the 'Shipping & Shipping-related Services Sector' and 'Medium Category Companies - Sri Lanka' categories of the annual award competition which…
The Maritime Piracy Humanitarian Response Program (MPHRP) and its partners in the industry-wide coalition established to assist seafarers and their families with the humanitarian aspects of piracy incidents have welcomed the news of the release…
The 98-meter freighter sent out a distress call as the ship began to founder in strong winds off the mouth of the Yangtze River.The freighter was loaded with a cargo of water-absorbing mineral sands, and the crew of 15 was taken off shortly before the ship foundered in darkness…
In accord with Hong Stock Exchange rules China Rongsherg Rongsheng Heavy Industries Group announces an expected net loss for year ending 2012.The Company believes that the net loss is primarily attributable to the decline in the shipbuilding…
Bahri subsidiary, National Chemical Carriers Ltd., cancels contract for chemical tanker (NCC Bader) due to the delay in terms of delivery.The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd…
The Korean government to honor Singaporean shipping company owner for his efforts to successfully rescue Korean sailors from Somali pirates.Four South Korean crew members were kidnapped by Somali pirates on April 30, 2011 aboard the MT Gemini…
The court order to have the megayacht arrested in the Port of Amsterdam had been obtained earlier by the designer Philippe Stark.The vessel, which reportedly cost over 100 million euros ($130 million) to build, was impounded after Starck…
Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships.The contract with undisclosed European owners has the option for a further four vessels to be delivered if required.The vessels…
The U.S. Army Corps of Engineers Mississippi Valley Division Commander discusses Corps' plans with state & local representatives.The U.S. Army Corps of Engineers Mississippi Valley Division Commander Maj. Gen. John Peabody and St. Louis District Commander Col…
Within days of eachother Deep Ocean secures subsea offshore contracts in Australia, and in the North Sea.North Sea Contract:DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, contracted by Statoil AS for the installation and…
Small scale LNG: GDF Suez takes positions in this high potential market with capacities in Zeebrugge, Belgium, LNG terminal.GDF Suez continues to develop its small scale liquefied natural gas (LNG) activities in North West Europe following…
Paragon Shipping Inc. raises US$ 10-million working capital in sale of newly-issued shares to an entity affiliated to its own chairman.The Paragon Board agreed to sell 4,901,961 newly-issued shares of the Company's common stock to an entity affiliated with Mr…
