DryShips Inc. and OceanFreight Inc. have entered into a definitive agreement. The former will acquire the outstanding shares of the latter for consideration per share of $19.85, consisting of $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc…
Weld Tooling Corporation has appointed Norm Sted Sales and Marketing Director for weld.com. Norm brings over 30 years of welding and business experience from his position as Regional Manager for one of the largest manufacturers of arc welding products in the world…
On July 27, 2011, the U.S. Naval Institute (USNI) begins an important new chapter with the appointment of Vice Admiral Peter H. Daly, U.S. Navy (Ret.) as the professional society’s Chief Executive Officer. Daly served from August 2008 until June 2011 as Deputy Commander and Chief of Staff…
Bunker trade association IBIA announced the resignation of its Chief Executive Ian Adams, effective from 31 July 2011. Adams had been at the helm of IBIA since 2001 during which time the organisation has grown in size, reputation and influence…
Danaos Corporation (NYSE: DAC), an owner of containerships, announced that the Board of Directors of the Company has appointed Evangelos Chatzis to the position of Chief Financial Officer, effective July 22, 2011. Chatzis has more than 16…
Crowley Maritime announced that Cole Cosgrove has assumed the role of vice president of marine operations for Crowley's liner services groups. Cosgrove will continue to work out of the company's Jacksonville office while reporting to John Hourihan…
Washington, DC – It was announced today that Mike Toohey has been selected to become President and CEO of Waterways Council, Inc. by the organization’s Search and Executive Committees. A special meeting of the WCI Board of Directors has been called for August 2…
Houston, TX (21 July 2011) – AMEC, the international engineering and project management company, has named Andy Sallis to the position of President, AMEC Oil & Gas Americas, responsible for Houston-based project operations, including supervision…
Military Sealift Command’s San Diego-based office, MSC Pacific, changed leadership today as Capt. Sylvester Moore assumed command from Capt. Jerome F. Hamel. The ceremony was held aboard fleet replenishment oiler USNS Yukon at Naval Base Point Loma in San Diego…
Accidents in enclosed spaces are frequent, often fatal – but crucially, also avoidable. Today, Videotel Marine International joins forces with Mines Rescue Marine to launch a brand new training series, Entry into Enclosed Spaces. The programme…
Lloyd's Register has taken delivery of the Institute of Marine Engineering, Science and Technology's (IMarEST) library, giving the collection a secure new home and assuring its preservation for the future.The historic IMarEST collection…
The National Maritime Center (NMC) has posted a new format of the Deck & Engine Examination Guide on its website. The examination guide has been rewritten to contain information pertinent to USCG administered credential examinations for deck and engine endorsements and associated regulations…
Drewry Shipping Consultants and The Cleartrade Exchange have announced that the World Container Index (WCI), the first Europe-based assessment of container freight rates and index production, is scheduled for launch in September 2011.The…
Maersk Line, Limited (MLL) has been awarded a multi-year contract for the operation and maintenance of five container and rollon/roll-off ships in support of the Military Sealift Command’s (MSC) and the Marine Corps Prepositioning Program.These “Bobo-class” vessels…
Germanischer Lloyd has appointed Nikeel Idnani as Business Development Manager for the Area Middle East / Africa, based in Dubai. Idnani has been in Dubai for eight years and brings with him Sales and Marketing experience from the ship repair…
