Safe Bulkers, Inc. (NYSE: SB), announced that it has agreed to terminate the existing charter of the Kamsarmax-class vessel Pedhoulas Merchant. The charter was contractually due to expire in November 2010. Following this agreement, the vessel…
The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced that it has recognized Lockheed Martin Corporation as its largest corporate donor. Honored for lifetime gifts exceeding $2m…
MOL President, Akimitsu Ashida published the following 2010 New Year Message:A Happy New Year to all in our MOL Group companies.There is a Japanese saying, “ichiyo-raifuku” (the return of spring), meaning that “the winter has left and the spring has come”…
According to a Jan. 3 report from The Korean Times, Doosan Group has set this year's operating profit target at $1.4b, up 100 percent from 2009, group chairman Park Yong-hyun said Dec. 31. The conglomorate is aiming to reap $1.7b in total sales for 2010…
According to a Jan. 4 report from the Moscow Times, Prime Minister Vladimir Putin announced plans for the state-run United Shipbuilding Corporation to build two major infrastructure projects with foreign partners, with investments of a combined $700m…
According to a Jan. 2 report from Voice of America News, authorities say Somali pirates have hijacked a British-flagged cargo ship transporting cars and a chemical tanker from Singapore. The cargo ship Asian Glory was reported to have been hijacked along with 25-member crew late on Jan…
Diesel Techniek Rotterdam BV in Ridderkerk, generally known as DTR Yanmar Centre, will open on January 3 the doors of a new outlet. The company’s activities will all be combined at this address. Diesel Techniek Rotterdam is the official dealer of Yanmar…
On Dec. 31, Timothy J. Farrell, Executive Director of the Port of Tacoma, issued the following statement updating stakeholders on progress being made at the port:Five years ago, I promised that the Port of Tacoma would take care of our customers…
Zachry Construction Corp., San Antonio, Texas, was awarded on Dec. 21, 2009, a $22,376,777 firm-fixed-price contract for construct channel improvement, mission reach, Phase 2a. Work will be performed in San Antonio, Texas, with an estimated completion date of Feb…
29 December 2009 Lukoil and Statoil initialised the contract with Iraqi authorities for the West Qurna 2 field. Lukoil and Statoil have agreed to adjust the ownership split, increasing Statoil’s share from 15 % to 25 %. Lukoil’s share is reduced to 75 %…
Drydocks World - Dubai has delivered the Polarcus Nadia, the most advanced seismic vessel built at the yard to date. The vessel, first of a series of four vessels to be built at Drydocks World – Dubai (DDW-D), is to be part of the Polarcus fleet…
Jensen Maritime Consultants, Inc., a Crowley company, has designed two new barges for Global Marine Transportation, Inc. Both 10,000-barrel tank barges are scheduled to be constructed and delivered in 2010. Designed for lightering services, the barges are being built by Trinity Marine Products…
Cathelco have supplied marine pipework anti-fouling systems for a complete class of fleet replenishment oilers serving the United States Navy. The 14 Henry J. Kaiser Class vessels are operated by the Military Sealift Command and provide underway replenishment of fuel for U…
1897- Assistance to lost persons near Oak Island, New York. At 8:30 p.m. the keeper received word by telephone that a gentleman and two ladies, who had left the station at 4 p.m. In a small boat making for the mainland, they had not yet reached their home…
1910 - Commissioning of USS Michigan (BB-27), the first U.S. dreadnought battleship.1863 - Blockading ship USS Quaker City captures sloop Mercury carrying despatches emphasizing desperate plight of the South.1989 - Aircraft (VF-32) from USS John F…