GreenCarrier Asia Names Chu Managing Director
GreenCarrier Asia, part of the Björk.Eklund Group, has appointed Peter Chu as Managing Director. will take on the task of developing GreenCarrier’s operations in Greater China.
LT and Chembulk Tankers Expands into South America
PT Berlian Laju Tankers Tbk and Chembulk Tankers announced the opening of their Sao Paulo Branch, CBL Tankers do Brasil ltda. The name reflects the combination of…
Britannia Bulk Holdings Announces Public Offering
Britannia Bulk Holdings announced that its initial public offering of 8,333,333 shares of common stock was priced at $15.00 per share to the public. To the extent…
Daewoo Shipbuilding Wins $520m in Contracts
Daewoo Shipbuilding and Marine Engineering Co., said it won shipbuilding orders worth a total of $520m from . Daewoo said in a filing to the Korea Exchange the orders…
Shortage of Ships May Complicate Call for Offshore Drilling
The New York Times reported that a shortage of ships used for deepwater offshore drilling may impede any rapid turnaround in oil exploration and supply. Slow growth in oil supplies…
Langh Named Maritime Counselor
Tarja Halonen, President of the , awarded an honorary title of Maritime counselor to Hans Langh on June 12. Langh, born in 1949, is a businessman from , who has been in the shipping business since 1980. Hans Langh was one of the founding members of the Shipowners’ association for smaller ships in foreign trade in 1986, which later became the Cargoship association. On June 1, the winds changed in the Finnish shipping business when Suomen Varustamoyhdistys…
Rotkirch Named Chairman and CEO of Grand Bahama Shipyard
Carl-Gustaf (Calle) Rotkirch, a 32-year maritime industry veteran, has been named Chairman and Chief Executive Officer of the Grand Bahama Shipyard, Ltd., effective August 1, 2008. In this capacity, Rotkirch will oversee all operations of the shipyard, which is one of the largest cruise ship repair facilities in the world; Grand Bahama Shipyard services more than 100 cruise ships, cargo vessels, tankers, and naval vessels annually.
Braemar Reports Interim Management Statement
Braemar Shipping Services reported at its Annual General Meeting, that freight rates have recently set record highs in the dry bulk market and wet chartering has…
Interview: John Doyle, Vice President - Government Affairs, Waterways Council, Inc.
John Doyle, Vice President - Government Affairs, Waterways Council, Inc., shares with readers of MarineLink.com his insights on key market drivers for the coming year. What legislative/political issue do you count as the most important for the marine industry in the next few years? JD: Returning to timely, cost-effective modernization of the inland waterway system is the most important issue facing the inland segment of the marine industry today.
TBS Takes Delivery of Two Handymax Bulk Carriers
TBS International Limited has taken delivery of the M.V. Canarsie Princess, formerly known as the M.V. Athinoula, and the M.V. Houma Belle, previously known as the M.V. North Star. M.V.
Aker Yard Mulls Bond Issuance
Aker Yards ASA is considering to issue bonds in NOK (1 and 3 years respectively) of minimum NOK 250 million and maximum NOK 1BN in each loan. The combined size for…