Paragon Shipping Q2 & Six Month Report
Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes and containers, announced its results for the second quarter and six months ended June 30…
NOL Group Nets $100m in Q2
Global container shipping and logistics group Neptune Orient Lines (NOL) reported a net profit of $100m for the second quarter of 2010. That was up from a net loss…
Seanergy Q2 & Six Month Report
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) (NASDAQ: SHIPW) announced its operating results for the second quarter and six months ended June 30, 2010. Dale Ploughman…
Major Order for STX France' Shipyard in Lanester
STX France Lorient SAS and STFMO (Société de Transports Fluvio-Maritimes de l'Ouest), a subsidiary of Sablières de l'Atlantique, have just signed a contract for the construction of a sand dredger.
Inmarsat $1.2B Investment in KA-Band Satellite
Inmarsat (LSE: ISAT), provider of global mobile satellite communications services, announced that it has agreed a contract with The Boeing Company for the delivery…
This Day in Coast Guard History – August 11
1817-"The ship Margaret, which sailed on Sunday, August 10, 1817, for Amelia Island with a number of persons on board, supposed to be going out for the purpose of joining the pirates…
This Day in Naval History – August 11
1877 - Professor Asaph Hall of Naval Observatory discovers first of two satellites of Mars. He found the second one within a week. 1921 - Carrier arresting gear first tested at Hampton Roads.
Divex Appoints DiTullio Asia Pacific General Manager
Divex, an international diving equipment technology company, announced that Daniel DiTullio (pictured) is now General Manager for Divex’s Asia Pacific region. DiTullio brings with him engineering and commercial experience in the oil and gas, and mining sectors gained in Western Australia and Queensland. He has extensive knowledge of plant management, and production processes including experience in the manufacture of equipment for explosion proof and hazardous environments.
CG Change of Command, Sector Honolulu
Coast Guard Capt. Barry Compagnoni, Out-going Commander of Sector Honolulu, and Capt. Joanna Nunan (incoming) wait to address the crowd during their change of command ceremony at Base Support Unit, Honolulu, Aug. 6, 2010. U.S. Coast Guard photo by Petty Officer 3rd Class Michael De Nyse.
Seoul Shares Up 0.4% on Shipyards
According to an August 9 report from Reuters, Seoul shares rose as investor hopes for further stimulus measures from the U.S. Federal Reserve strengthened ahead of its meeting…
Pertamina Orders Six Oil Tankers
According to an August 9 report from The Jakarta Post, state oil and gas firm PT Pertamina has placed orders for six tankers for about $102m to support its fuel distribution across the archipelago.
Iran's Navy Gets New Submarines
According to an August 8 report for Associated Press, Iran's state media said the country's navy has taken charge of four new Iranian-built submarines as part of…
India Files Pollution Charge after Ship Collision
According to an August 9 report from The Times of India, state environment minister Suresh Shetty has instructed the Maharashtra Pollution Control Board to register…
Danaos Bank Restructuring, Refinancing, Sale of Stock
Danaos Corporation (NYSE: DAC), aninternational owner of containerships, announced that it received written commitments from all 14 of its bank lenders agreeing…
EU NAVFOR Medical Assist to MV Syria Star
Late at night on Friday, August 6, the MV Syria Star requested medical assistance for two crewmembers that were injured in the initial hijack. The MV Syria Star was hijacked on Thursday…
BALPURE System Authorized in California
The S/R American Progress, a double-hull U.S. flag tank ship, operated by SeaRiver Maritime, Inc., and fitted with the BALPURE ballast water management system from Severn Trent De Nora, is authorized to discharge treated ballast water into the water of California. Authorization was granted by the California State Lands Commission in accordance with California Public Resources Code Section 71204.3(d)…
CNOOC’s New Field BZ19-4 Begins Production
CNOOC Limited announced that Bozhong (BZ) 19-4 (shallow formation) oil field in the Bohai Bay has commenced production recently. This oil field is located in the southwest part of Bohai Bay.
Insights from Mark Knoy, AEP River Operations
MarineNews spoke with Mark Knoy, President of AEP River Operations, about his background in the industry, challenges and opportunities in the inland waterways and how technology is impacting operations. How did you come to be involved in the industry? I grew up in the river business with my father and brother. My dad was a river boat Captain and I started as a deckhand, engineer and then pilot. My father and I started a fleeting business on the Illinois River and things took off from there.
Omega Navigation, Capital Injection by Founder & CEO
Omega Navigation Enterprises, Inc. (NASDAQ: ONAV, SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced that it…
This Day in Coast Guard History – August 10
1971- President Richard Nixon signed Federal Boat Safety Act of 1971, considered to be most significant legislation in the long history of federal action in this field.
