Star Bulk Carriers Corp. (NASDAQ: SBLK) has signed a contract with ship-builder Hanjin to build a second capesize vessel of 180,000 deadweight tons, a sistership to the first vessel ordered, with expected delivery in November 2011. The company…
Four Naval Sea Systems Command (NAVSEA) employees were recognized for engineering excellence, April 7-9, by the American Society of Naval Engineers (ASNE) at the society’s conference in Arlington, Va. NAVSEA’s Capt. Albert Grecco, Craig Brandenburg…
Navios Maritime Holdings Inc. (NYSE:NM), a global, vertically integrated seaborne shipping and logistics company, announced the appointment of George Malanga to its Board of Directors.George Malanga is currently serving as the Chief Credit Officer of The Bank of New York Mellon Corporation…
Genco Shipping & Trading Limited (NYSE:GNK) announced that it has reached an agreement to extend the time charter for the Genco Knight, a 1999-built Panamax vessel, with Swissmarine Services S.A. for approximately 11 to 13.5 months at a rate of $25…
The Chairman of DP World and Dubai World has become the first person to step on land created at the UK’s newest port and logistics development, London Gateway.Sultan Ahmed bin Sulayem has inspected the first section of reclaimed land as…
The Telemar Group through its German subsidiary Telemar GmbH is to provide broadband satellite communication for the entire Rickmers fleet. The Rickmers Group, operating a fleet of 102 vessels, is a diversified group with activities in the business fields of ship owning and ship management…
Globus Maritime Ltd (AIM: GLBS) (LSE: GLBS), a global shipping transportation company that owns and operates Supramax and Panamax dry bulk carriers, announced that in line with its fleet renewal program it has agreed to purchase from an unaffiliated…
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…
