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…
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…
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…
Huntington Ingalls Industries' President & CEO Mike Petters keynote speaker at 27th Black Engineer of the Year (BEYA) Science, Technology, Engineering & Math (STEM) Conference.Petters spoke at the Historically Black Colleges and Universities (HBCU) Engineering Deans' Power Breakfast…
Birgit Liodden of YoungShip International to keynote WISTA USA lunch at CMA's Shipping 2013 conference.“We are pleased that fellow WISTA Norway member Birgit Liodden will be sharing her experiences bringing youth into our maritime industry with us at the luncheon”…
FRC International to host the upcoming Crew Systems Integration (CSI) conference in Poole, UK.The international conference includes over 20 presentations focussing on 9 integrated topics for the RIB and high speed craft sector. Keynote…
WheelHouse Technologies, Inc., provider of WheelHouse computerized maintenance management system as well as SeaKits Damage Control and Spare Parts Kits, has named Ian Morris its Production Manager as of February 1st, 2013. This newly established…
Construction work has begun on the United States Merchant Marine Academy's new Mallory Pier. Construction crews from Russell Marine have had a barge on-site in Hague Basin since early January focused on the first phase of the project, which…
