Tuesday, November 13, 2007 Maritime News

Climax Portable Machine Tools Announces New Hires

Nov 13, 2007

Climax Portable Machine Tools, Inc. a global leader in comprehensive, on-site machining solutions for the power generation, shipbuilding, industrial and engineering sectors,

Omega Navigation Enterprises Reports 3Q Results

Nov 13, 2007

Omega Navigation Enterprises, Inc. (NASDAQ:ONAV, SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced its

Seaconnect Offers New Feeder Service

Nov 13, 2007

The shipping company SEACONNECT, located in Klaipeda, Lithuania, offers a new feeder service from Hamburg to St. Petersburg. Every five days the two feeder shipsBetsy

NTSB Outlines Desired Safety Improvements

Nov 13, 2007

The National Transportation Safety Board (NTSB) issued a statement noting that its two most wanted safety improvements in the marine sector are: (1) a reduction

WHALESSOUTH Reactivated

Nov 13, 2007

The mandatory ship reporting system, administered by the US National Oceanic and Atmospheric Administration (NOAA) and the US Coast Guard, for ships operating

Oil Spill Update

Nov 13, 2007

The Unified Command for the Cosco Busan incident response held a press conference to give updates on the oil spill clean-up efforts. The U.S. Coast Guard, California

Oil Search Expects LNG Project Agreement by Year End

Nov 13, 2007

Oil Search Ltd., Papua New Guinea's biggest oil producer, expects to reach agreements with the government and partners by the year-end allowing a decision to

Malaysia’s BHIC Still a Buy on Hopes of Shipbuilding Orders

Nov 13, 2007

ECM Libra Avenue Investment Bank said it is keeping its 'buy' call on Boustead Heavy Industries Corp Bhd (BHIC) because it expects the Malaysian shipbuilder to get more contracts,

Finaval to Double Fleet after IPO

Nov 13, 2007

Italian tanker company Finaval SpA reportedly announced the proceeds of its initial public offering will be used to double the capacity of its fleet and to seize any future M&A opportunity.

Rowan Pleads Guilty To Dumping Waste

Nov 13, 2007

Rowan Companies Inc. will pay $9m in penalties and add a corporate environmental division under a plea agreement in which it admitted the routine discharge of

APL Launches 53-foot Containers into the Market

Nov 13, 2007

The first 53-foot ocean-capable containers from shipping leader APL have rolled off the assembly line and were loaded onto the vessel APL Philippines for their initial voyage across the Pacific.

DryShips Inc. Announces Stock Split

Nov 13, 2007

DryShips Inc. (NASDAQ: DRYS), an international provider of drybulk cargo marine transportation services, announced that its Board of Directors intends to call

This Day in Navy History

Nov 13, 2007

Nov. 13: 1776 - Captain John Paul Jones in Alfred with brig Providence captures British transport Mellish, carrying winter uniforms later used by Washington's troops.

CA Workshop on Cold Ironing

Nov 13, 2007

The California Air Resources Board (CARB) conducted a workshop regarding at-berth ocean-going vessel regulation (popularly known as cold-ironing). The agency’s

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