DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, today announced the details of the partial spin off of Ocean Rig UDW Inc. Based on 408…
Caribbean Tugz, LLC, an affiliate of SEACOR Holdings, Inc., Fort Lauderdale, Florida has awarded Great Lakes Shipyard, Cleveland, Ohio vessel construction contracts to simultaneously build two new state-of-the-art 50-ton bollard pull ASD tugboats…
Expanding its national sales force, Seakeeper named Brook Streit as regional sales manager for North America. Streit will be responsible for generating business in the recreational market. 'Brook's great contacts and extensive industry knowledge…
Two 17-knot high-speed research vessels for the U.S. Geological Survey are to be dedicated at Great Lakes Shipyard, Cleveland, Ohio, on Wednesday, August 31, 2011.R/V KAHO and R/V MUSKIE will replace two of the USGS’s oldest research vessels…
Vessel named for Coast Guard hero Richard Etheridge. The U.S. Coast Guard’s second, 154-foot Fast Response Cutter, the Richard Etheridge, was launched at Bollinger Shipyards in Lockport, La., Thursday, marking a significant milestone in…
Ranger Tugs announces the appointment of Kirk Hawley to the position of Sales Manager for the 21-29 foot trailerable boats built by Fluid Motion. Kirk will assume his new position at the end of August and will be based at the company’s headquarters in Kent…
Tsakos Energy Navigation Limited (TEN) has announced the sale of the 1991-built Aframax tanker Vergina II to third party owners. Vergina II, sister vessel of Victory III sold earlier in 2010, will be delivered to its new owners by the end of this month and will release approximately $1…
Ulstein Verft has sold the construction vessel Karianne of SX121 type design to Island Offshore. The vessel was completed on time from ULSTEIN in the fourth quarter of 2010. The vessel was originally contracted by the shipping company Marine Subsea…
Primorsk International Shipping Limited (Prisco) announced the en bloc sale by Prisco and purchase by OAO Sovcomflot (SCF) of six tanker vessels employed on the Sakhalin shuttle trades. The terms of the sales were not disclosed. Two of the vessels are time…
Marcon International, Inc. of Coupeville, Wash. is pleased to announce the delivery of two new DP-1, 5,150 BHP, 1,350 mt dw anchor handling tug supply vessels to Nigerian buyers.Opu Tamuno 1 and Ibi Teme were constructed at Zhanjiang Haibin Shipyard in China…
Star Bulk Carriers Corp. (NASDAQ: SBLK), a global shipping company focusing on transportation of dry bulk cargoes, announced it has entered into an agreement to sell the Star Beta, a 174,691 dwt Capesize vessel, built 1993, to a third party for a contracted sale price of $22m…
Tsakos Energy Navigation Ltd. (NYSE: TNP) announced the delivery of the Pentathlon to its new owners and the sale of the 2002-built 164,274 dwt suezmax tanker Decathlon to the same independent third party. The Decathlon will be delivered to its buyers in February 2010…
Globus Maritime Limited (AIM: GLBS) (LSE: GLBS), a marine transportation company that owns and operates a fleet of Handymax and Panamax dry bulk ocean-going vessels, signed a Memorandum of Agreement with an unaffiliated third party for the sale of the M/V Lake Globe…
State-run Shipping Corporation of India (SCI) has accepted delivery of a crude container named “Desh Vishal” from Daewoo Shipbuilding Marine Engineering Co. The company had placed orders for two very large crude containers (VLCCs) in October 2005 with the South Korean company…
