Genco to Sign Time Charter for Newly Acquired Vessels
Genco Shipping & Trading Limited announced that it has reached an agreement to enter into a time charter for two vessels it has recently agreed to acquire. The Genco Constantine…
MC Shipping Shareholders Approve Merger
MC Shipping Inc. announced that, at a special meeting of shareholders held today, its shareholders approved the merger agreement pursuant to which Mast Acquisition Ltd.…
ACL CFO to Leave Company
American Commercial Lines Inc. (ACL) announced that its Chief Financial Officer, Christopher A. Black, has informed the board of directors that he plans on leaving…
Ribcraft Becomes NMMA Certified
Ribcraft has received National Marine Manufactures Association (NMMA) Certification for its professional grade line of recreational boats. While all boats in the…
OTE Debuts in Providence
The inaugural OceanTech Expo (OTE) debuted today at the Rhode Island Convention Center. The industry-led expo, slated for September 5-7, will showcase new equipment…
Hornblower to Offer New Ferry Service in Honolulu
Hornblower Marine Services announced a new option for Honolulu commuters- “TheBoat.” Beginning September 17, Hornblower Marine Services (HMS) will operate passenger…
Ground Breaking for Manufacturing Plant Held in South Korea
A ceremony for the ground breaking for a new manufacturing plant for Wärtsilä 50DF dual-fuel engines was held at the Yeongam, South Korea site. The project is a…
Lion Group to Study Steel Mill
According to reports, Malaysian conglomerate Lion Group is considering plans to build a $7b steel mill in Vietnam as part of its regional expansion. A Lion Group…
Aker Kvaerner Partners with Falck Nutec
Global construction and engineering services group Aker Kvaerner has entered into a partnership with offshore training provider Falck Nutec. Falck Nutec has opened…
Carnival and Orizonia Finalize New Spanish Cruise Operation
multi-ship cruise brand serving the Spanish market. percent. and is expected to be accretive to results in 2008. Carnival group. Cruise Lines' fleet, will be transferred…
MarAd Issues Advisor on Naval Control of Shipping Exercise
The US Maritime Administration (MarAd) issued an advisory notifying operators of U.S.-flag and effective U.S.-controlled vessels that a multi-national Naval Control…
Oceanteam Acquires Stake in new Subsea Services Company
Oceanteam Power & Umbilical ASA announced has signed a Heads of Agreement to acquire 60 percent of a new Subsea Services company against investment within the company.
Shell and PetroChina in Supply Deal for Gorgon LNG
Shell Eastern LNG (Shell) and PetroChina International Company Limited (PetroChina) have concluded a binding Heads of Agreement (HOA) for the long-term supply of…
Seahawk 2007 Strengthens Navy, Coast Guard Maritime Security Team
Members of the Mobile Security Squadron 3 visit, board, search and seizure team approach a vessel they will be boarding as part of exercise Seahawk 2007. Seahawk…
