Höegh Realigns
After posting strong results for 2004, Leif Höegh & Co. Limited announced today that the company has completed the final phase of its corporate re-alignment by merging…
New Shipping Risk Management Course
The Baltic Exchange and the Centre for Shipping, Trade & Finance at London’s Cass Business School unveiled plans today (10 March) to deliver a series of executive…
Sembcorp Wins $121M Rig Deal
Pacific Class 375 Deep Drilling Offshore Jack Up Rig. Offshore ASA in May 2004 and which the later has now decided to exercise. contract takes effect in June 2005.
Exmar Signs for Two Large Gas Carriers
EXMAR has signed a newbuilding contract for 2 Very Large Gas Carriers at Daewoo Shipbuilding and Marine Engineering Co. of South Korea. The newbuildings will have a capacity of 84…
OSI Buys Mapcon Mapping Consultants
Offshore Systems International Ltd. Consultants Inc. of Salt Lake City, Utah. with a solid position in the U.S. data production) market. US$50,000 in common shares of OSI at market price.
Personal Injury Limitation
The U.S. Court of Appeals for the Eleventh Circuit ruled that letters from an injured diver to his employer referencing claims under the Jones Act and for unseaworthiness…
Bill Re Marine Scholarships
Representative Inslee (D-WA) introduced a bill (H.R. 1191) to establish a National Marine Scholarship Program to recruit and prepare graduate students for careers in the fields of marine science…
Diana Shipping joins IPO Shipping Fleet
Diana Shipping on Tuesday filed to sell 12.375 million shares at $15-$17 each in a bid to raise up to $210 million in its initial public offering. It's the latest…
Shipping Pool Agreements Could be Illegal
office of law firm Wikborg Rein. in 2005 or 2006 making some existing pool agreements illegal. create market dominance and increase barriers to entry. jurisdictions this already makes them illegal…
