In a challenging market, Costamere has minimized its re-chartering risk, identifies possibilites to expand in container ship market.Costamare Inc. is a leading international owner of containerships. Through its subsidiaries Costamare Inc…
'HMS Protector' punched through thick Antarctic ice to help clear the way for cruise ship 'Fram' as ice floes gathered around the liner.The Portsmouth-based survey ship broke through ice up to four metres (13ft) thick to clear a way through…
Grady-White Boats executive team changes: Shelley Tubaugh now V-P Marketing, & Joey Weller is V-P Sales.Grady-White Boats President Kris Carroll has announced role changes in the company’s executive team. Shelley Tubaugh is named vice president…
Maersk Line announce that the ‘Tahiti Express’ service to/from French Polynesia will close down at end of April 2013.The last vessel sailing on the Tahiti service is the BC San Francisco, 1317, expected to depart (ETD) from Auckland (New Zealand)…
United States Marine, Inc (USMI), a small business that designs and builds fast patrol and other special operations craft for the U.S. military, has announced the addition of Evin Thompson as Program Executive for itsVirginia division. In this new position…
Transas Marine has received an order to supply its Navi-Sailor ECDIS systems to the Swedish Armed Forces. After an extensive evaluation, the Swedish Defense Material Administration (FMV) has selected Transas to implement ECDIS on board of eight Swedish Armed Forces vessels…
Supported by impressive results and after repeated requests by the Passenger Vessel Association (PVA), the U.S. Coast Guard has announced the reduction for the testing rate for Coast Guard-mandated random drug tests to 25% for 2013 for passenger vessel operators…
One of the world’s largest independent offshore survey companies has announced a significant step forward in its growth plans with key appointments in Aberdeen and Naples.UTEC has recently appointed new general managers Jamie Laing and Andrew Stenson in Aberdeen…
Fincantieri subsidiary Fincantieri Oil & Gas S.p.A., completes acquisition, intend to buy more shares.This acquisition marks Fincantieri's entry into a market segment complementary to its current ones. With 21 shipyards in 3 different continents…
Belgium's Euronav reported a net loss of US$ 31-million in its Q4 2012 financial report.The result of the fourth quarter is affected positively by the revaluation at marked-to-market levels of non cash items (unrealized) such as hedge instruments on interest rates for a total of US$ 600…
Offshore & onshore drilling specialists Momentum awarded Environmental, Health & Safety management certifications.In a statement Momentum's Managing Directore Mr. James C. Larsen said: 'We are honored to receive both [ISO 14001: 2004 and…
Over 100,000 seafarers currently committed to the CrewCashCard, with a total potential of 1.5-million more to come.CrewCashCard eliminates many well-known pain points for both ship owners and their respective crew. Immediate benefits are achieved…
Aquatic Engineering & Construction (AEC) appoints Martyn Conroy to Europe, Middle East & Africa (EMEA) region.Aquatic, an Acteon company, has the ability to lay flexible and semi-rigid product on the seabed, with wide experience of off- and onshore installations…
Braemar Shipping Services, international provider of shipping, marine & energy services, issues interim financial statement.The interim management statement refers in relation to the period since the announcement of the interim results on 30 October 2012…
CEO, Matthew Mullett, acquires complete control of All American Marine from founder partner Pat Pitsch. Mullett joined AAM as CEO in 1999 and has served as the managing partner of the shipyard since he became co-owner in 2003. Under Mullett’s leadership…
