Box Ships Inc., a shipping company specializing in the seaborne transportation of containers, announced its results for the period from its Initial Public Offering on April 14, 2011 (“IPO”) to June 30, 2011 (“second quarter of 2011”).Company’s Highlights:- IPO on April 14…
The nuclear-powered aircraft carrier USS Harry S. Truman (CVN 75) changed command in Norfolk on August 5.Capt. Tushar R. Tembe relieved Capt. Joseph M. Clarkson as Truman's commanding officer during a ceremony at the Half Moone Cruise and Celebration Center at Nauticus museum…
Clear-Com, a voice communication systems company, has announced that Broadcast Technical Services (BTS), an integrator of broadcast services for industrial marine ship suppliers, has selected the Clear-Com Encore™ partyline and Tempest®2400…
Concordia Maritime has now completed the upgrade of two of its P-MAX tankers to chemical class III, so-called IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil…
Signal International announced the option to build the second articulated tug/barge (AT/B) vessel has been exercised by Kirby Ocean Transport Company of Houston, Texas. Signal’s state-of-the-art continuous flow manufacturing facility in Orange…
Huntington Ingalls Industries has announced that its Newport News Shipbuilding (NNS) division delivered the Virginia-class submarine California (SSN781) to the U.S. Navy yesterday. The delivery came more than eight and a half months early to…
Rowan Companies, Inc's board of directors has authorized the company to repurchase up to $100 million in shares of its common stock. Repurchases under this program, effective immediately, will be made through the open market or in privately negotiated transactions…
Donjon Marine Co., Inc. has been awarded a $41 million-dollar, ceiling-priced, indefinite-delivery/indefinite-quantity, cost-plus-award-fee contract for marine salvage, salvage-related towing, harbor clearance, ocean engineering and point-to-point towing services to support the U…
Statoil ASA and partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS have made a high-impact oil discovery on the Aldous Major South prospect (PL 265) in the North Sea.Well 16/2-8, drilled by the Transocean Leader drilling rig…
Energy North, formerly North Scotland Industries Group (NSIG), is launching the first annual Energy North Awards to celebrate energy in Scotland.The 130-plus member organization’s awards will recognize contribution to developing the energy…
BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd, has won an order for the design of a 25m all electric, 150 passenger ferry in China.In order to demonstrate the practical use of a battery-powered ferry within the estuarial and coastal waters…
The Industrial District of Dubai Maritime City, the enclosure for maritime related businesses, reported a twofold increase in number of operations from last year at the half-year mark of 2011. A total of 318 vessel docking and undocking operations were carried out till the end of June 2011…
The shipping industry remains firmly behind the International Maritime Organization (IMO) as the architect of change when it comes to regulating shipping’s CO2 emissions, according to Peter Hinchliffe, Secretary General of the International Chamber of Shipping (ICS)…
Transocean Ltd. has appointed Rob Shaw to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Shaw assumes this position, Robert L. Herrin, Jr. will serve as interim Vice President and Controller and Ricardo H…
According to a report on http://www.newsroompanama.com, a team of U.S. archeologists reportedly has found wreckage which they believe is part of Welsh privateer Admiral Henry Morgan's flagship.The wreckage was found off Portobello and includes…
