According to an April 7 report from The Dong-A Ilbo, Samsung Heavy Industries said it will acquire about 1,000 more patents by investing $445m in the development of eco-friendly shipbuilding technologies by 2015. The company holds 1,000 patent rights…
American Shipping Group, Inc. announced the following organizational changes: Frank Peake will join the American Shipping Group (ASG) as Vice President, focusing on strategic planning for all ASG companies operating in the Puerto Rico and Alaskan markets…
NewLead Holdings Ltd. (NASDAQ:NEWL) announced it has completed the dropdown of six vessels (four drybulk vessels and two product tankers) and Newlead Shipping S.A., an integrated technical and commercial management company, from Grandunion Inc…
Christopher Hoffman joined Cobham Life Support-ACR Products as the Director of Business Development - Beacon Technology. Hoffman brings a wealth of experience in the area of satellite detectable, emergency locator beacon development to Cobham Life Support-ACR Products…
Falcon Marine LLC, Worldwide Distributor of Everglades Boats, (Commercial & Government Division) has announced new, special purchase terms available to all federal, state, county, municipal police and port agencies throughout the U.S., for lease…
MTN Satellite Communications (MTN) announced that Kerry Pettitt has joined MTN as executive sales manager for its superyacht business in Europe and Oceania regions. Prior to joining MTN, Pettitt was the general manager for the superyacht division for Ship Equip…
Maersk Line, part of the Danish group A.P. Moller - Maersk, will provide free ocean freight for 147 containers (3,525 metric tons) of rice donated by the Government of Thailand to Haiti through the World Food Program.The rice will be split and shipped across four sailings…
The German navigation system supplier Raytheon Anschütz has signed a new agreement with Wärtsilä Corporation, Finland. According to the new agreement, Raytheon Anschütz will supply their Integrated Bridge Systems for Wärtsilä’s total ship system solutions…
RBG, provider of fabric maintenance and construction support to the global energy industry, expanded its Gulf of Mexico (GOM) operations with the opening of a new service centre in Lafayette, USA.RBG has been operating in the region since…
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced that Charalampos Mazarakis has been appointed as the Company's Chief Operating Officer…
Crude Carriers Corp. (NYSE: CRU) announced that on March 26 it took delivery of the M/T Alexander the Great, a very large crude carrier (VLCC) with carrying capacity of 297,958 mt, from Universal Shipbuilding Corporation at the Ariake Shipyard in Japan…
Euro-American luxury yacht builder Tricon Marine was selected by the Chinese government to join a delegation presenting to local businessmen and women in Boston. Led by the Hong Kong Trade Development Council and the Zhuhai Investment Promotion Bureau…
Evergreen Line, Wan Hai Lines Ltd (WHL), and Simatech Shipping have agreed to operate an East Africa Service (EAF) with three ships of 1,200 TEU capacity. Evergreen, WHL, and SSF will each operate one vessel. The East Africa (EAF) service…
Foss Maritime has earned the ISO 14001 environmental certification to use as a blueprint to achieve its 'zero trace' corporate goal. With its new certification, Foss' entire marine division, both shoreside and marine has publicly committed to sound environmental practices and continual improvement…
At the Connecticut Maritime Association 2010 Shipping Exposition, Veson Nautical, the premier provider of Maritime Enterprise Resource Planning (Maritime-ERP) solutions and services, announced that a new module, IMOS Demurrage Management for Charterers…
