Wrist Ship Supply, part of the Wrist Group, announced the acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America - the largest ship supply organization in North America…
Navios Maritime Holdings Inc. (NYSE:NM) , a global, vertically integrated seaborne shipping and logistics company, announced that on January 8, 2010, it has sold the Navios Hyperion, a 2004 Japanese-built Panamax vessel with a capacity of 75…
ABS Nautical Systems, provider of integrated fleet management software for the maritime industry, announced it has experienced record growth in the second half of 2009.During that period, which began with the launch of the Newbuild Program…
Neptune Orient Lines Limited (NOL) announced the appointment of international business figure Robert J. Herbold to the company’s Board of Directors, effective 1 February 2010.From 1994 to 2001, Herbold was Executive Vice President and Chief Operating Officer of Microsoft Corporation…
Globe Wireless has acquired Zynetix, a UK-based company specializing in GSM solutions. Frank Coles President & CEO of Globe Wireless said, “Mariners will use personal GSM handsets without paying premiums for that convenience. By seamlessly blending IP satellite systems such as FleetBroadband…
Incat Crowther announced the establishment of a new office located in the United States of America. The opening of the U.S. office is facilitated by the integration of an existing firm, Alliance Marine Design, whose team of naval architects…
Kongsberg Maritime China Jiangsu (KMCJ), a new 2880m2 sensor production facility located in the Norwegian Industrial Park in Zhenjiang, Jiangsu province, China, was officially opened on Nov. 30 2009 during a traditional Chinese ceremony attended by over 150 guests…
Ever since 2005, when the MEPC 60(33) regulation was replaced by MEPC 107(49), the older gravity-type Oily Water Separators (OWS) often had to be replaced by a centrifugal-type or an emulsion breaking cleaning system, or the shipowner chose to complement the existing OWS with additional filters…
TOP Ships Inc.(NASDAQ: TOPS) announced that it has received from the bareboat charterer of the M/T’s Ionian Wave and “Tyrrhenian Wave, a reduced charterhire rate of $10,000 per day, rather than the $14,300 per day on a bareboat basis that is set forth in the charter agreement…
Crowley Maritime Corporation announced a restructuring involving three members of its senior leadership team. John Douglass and Rob Grune will move to new positions, with Douglass taking over as senior vice president and general manager of Crowley's Puerto Rico/Caribbean liner services…
KVH Industries, Inc., (Nasdaq: KVHI) named Star-Tech Marine Electronics its 2009 Dealer of the Year in the commercial workboat category. A longtime KVH dealer, Star-Tech Marine Electronics stood out in 2009 by helping to bring KVH's TracPhone…
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the transportation of dry bulk cargoes, announced that it has entered into a time charter contract with Louis Dreyfus Commodities Suisse S.A., for one of its Panamax dry bulk carriers…
Kohler Co.’s Global Power Group has named Jason Struthers as the new president of its Kohler Power Systems business. Struthers has assumed leadership and management responsibilities for Kohler Power Systems, which includes operations in North America and Asia…
Genco Shipping & Trading Limited (NYSE:GNK) announced that it has reached an agreement to enter into a time charter for the Genco Vigour, a 1999-built Panamax vessel, with Global Maritime Investments Ltd. for approximately 10.5 to 13.5 months at a rate of $24…
Caterpillar Marine Power Systems appointed Alan Naisby as MaK Asia Managing Director based in Shanghai, China. Naisby brings 30 years of business development, sales, marketing, and management experience in the diesel engine industry. Prior to joining Caterpillar…