DryShips Inc. (NASDAQ: DRYS), or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services…
Toisa Ltd. signed a contract with Hyundai Heavy Industries (HHI for the construction of a Multipurpose Offshore Construction Vessel (MOCV) designed by Ulstein. The vessel, with X-BOW hull line design was built in Korea with a customized version of Ulstein's Deepwater Enabler design…
UK Transport Minister, Stephen Hammond, goes to see London Gateway’s state-of-the-art port technology.Fully automated stacking cranes (ASCs) currently being installed at the UK’s new national hub port will increase reliability and ensure smoother…
Danaos Corporation reports fourth quarter and full year results for the year ended December 31, 2012.Financial highlights: Operating revenues of $151.8 million for the three months ended December 31, 2012 compared to $128.3 million for the three months ended December 31…
AdvanFort Company, approved by the Panama Maritime Authority (PMA) for Panama-flag vessel counter-piracy operations.“We at AdvanFort are very pleased that the world’s largest flag state has vetted our company and approved our highly-trained operators to protect their ships from piracy attack…
Technip name subsea construction & flexible pipelay projects vessel 'Deep Orient' in Vigo, Spain.During the ceremony held at the Metalships & Docks (MSD) shipyard in Vigo, the ship was named by the vessel’s godmother, Véronique Delormel, wife of Frédéric Delormel…
A stripped-down wind-energy proposal backed by Maryland’s governor gains traction in the legislature.The proposal may be the first step in creating a network of offshore turbines and sub-sea cables spanning the U.S. Atlantic coast, reports Bloomberg…
The cruise ship, disabled by an engine room fire, will probably be towed to Mobile, AL.Carnival Triumph was originally intended for towage to the Mexican port of Progreso, however after drifting through currents in the Gulf of Mexico, she is expected to dock instead in Mobile…
Military Sealift Command's (MSC) joint high-speed vessel, USNS 'Spearhead' visits the Port of St. Petersburg, FLA. U.S. Rep. C.W. Bill Young, Mayor Bill Foster and other distinguished visitors from St. Petersburg joined Navy Chief of Information Rear Adm…
YachtCloser, the yacht brokerage industry’s web-based contract management system, names Jim Coburn to its strategic advisory board.In this capacity, Coburn will work with the YachtCloser team on the development of new and innovative products…
Greece's DryShips Inc. is to offer the public 5-million of the common shares it holds in Ocean Rig UDW.Following the completion of the offering, DryShips is expected to own approximately 61.3% of Ocean Rig’s outstanding shares (Ocean Rig is a provider of offshore deepwater drilling services)…
Insurance specialist in the global freight industry, TT Club, sees proliferation in technological capabilities & tailored supply chain processes.A long-term supporter of the British International Freight Association (BIFA) Awards, TT Club sponsored the 2012 European Logistics Award…
USA Maritime & its member organizations applaud the launch of a new bipartisan Congressional Maritime Caucus.The organization also thanked the new Caucus Co-Chairs Representatives Cedric Richmond (LA-02) and Michael G. Grimm (NY-11) for their…
Nordic American Tankers Limited (NAT) publishes its Q4 2012 financial report.Extracts from the report follow:In 2012, NAT improved its relative position within the industry despite a weak market. By retaining a strong balance sheet throughout 2012…
At 131 million tons in 2012, total throughput in the Port of Hamburg remained slightly below the previous year.Hamburg nevertheless remains the second largest container port in Europe and consolidates its 14th place among container ports worldwide…
