Seanergy Maritime Holdings Corp. announced its operating results for the third quarter and nine month period ended September 30, 2009. Third Quarter 2009 Financial Highlights: -- Net Revenues of $22.4 million-- EBITDA of $23.1 million for the three months ended September 30…
Purvin & Gertz announced the completion of the Residual Fuel Market Outlook: Impact of Bunker Quality Changes on Marine Fuels & Refining. This comprehensive study includes an analysis of the issues, balances and economics of bunker fuel, stationary fuel oil and residual refinery feedstocks…
1986-An HC-130 from AIRSTA Elizabeth City located the disabled 44-foot Polish sailing vessel Gaudeamus with six Polish citizens aboard about 400 miles east of New York. A motor vessel was on scene with the Gaudeamus when it was found by the…
1861 - CAPT Charles Wilkes seizes two Confederate diplomats from the British steamer Trent, causing an international controversy with Great Britain (known as the Trent Affair).1942 - Operation Torch (Allied landings in French Northwest Africa)…
Fincantieri Cantieri Navali Italiani S.p.A is investing and committing more than $40m in 2009-10 facility improvements at its mid-tier United States shipyards, Marinette Marine Corporation (MMC) and Bay Shipbuilding Company. The currently…
P.B. (Kaj) Shah, Senior Vice President of Customer Service, was named President of Ingram Barge company. The appointment was announced by Craig E. Philip, CEO of Ingram Barge Company.Shah has been an Ingram executive since 1989. Most recently…
Hornbeck Offshore Services, Inc. (NYSE: HOS) announced results for the third quarter ended September 30, 2009. Third quarter 2009 revenues decreased 17.4% to $90.1 million compared to $109.1 million for the third quarter of 2008. Operating income was $27…
The South African Petroleum Authorities confirmed Royal Dutch Shell plc as the successful bidder for exploration rights in the Orange Basin deep-water area, off the country’s west coast. Shell and the government will now negotiate the details of an exploration contract…
According to a Nov. 4 report from www.al.com, attorneys for Bender Shipbuilding & Repair Co. reached an agreement Tuesday with creditors that will allow the bankrupt Mobile, Ala. company to borrow up to $6m while it tries to sell assets.(Source: www.al.com)
Seaspan Corporation (NYSE: SSW) announced the financial results for the three and nine months ended September 30, 2009. Third Quarter 2009 and Year-to-Date Highlights: - Reported revenue of $74.1 million and $207.0 million, respectively…
On the morning of November 5th a General Cargo ship and a Bulk Carrier were attacked in the Gulf of Aden. Cooperation between EU NAVFOR and NATO prevented two more hijackings.Early in the morning, MV Theoforus I, a Panama flagged Bulk Carrier…
Seaware AB announced a new major upgrade for its Seaware Routing software, introducing cost-based ship route optimization. The Seaware Routing software is designed to facilitate on board weather presentation and ship route planning, and…
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 an agreement with Commerzbank and West LB on waiver terms for $70 million of our outstanding debt…
The 378-ft Coast Guard Cutter Rush, homeported in Honolulu, Hawaii, arrives in Shanghai, Sunday, Nov. 1, 2009. The crew of the Rush is in China to engage in maritime partnerships and cultural exchanges. (U.S. Coast Guard photo by Petty Officer 1st Class Christopher Evanson)
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced its operating and financial results for the third quarter and nine-month period ended September 30…
