Receives GL Shipbuilding Award at COMPIT
5. May. 2011 | [Group,Maritime] | Hamburg/Germany - Denis Morais is the winner of this year's GL COMPIT Award. At the COMPIT Conference taking place this week in Berlin, the Canadian IT expert was honoured for his contributions to promote frontier technologies in shipbuilding. The award is sponsored by classification society Germanischer Lloyd (GL). The jury singled out Denis Morais among several highly…
Incat Crowther Designs Ferries for Russian Builder
Incat Crowther is pleased to announce that contracts have been signed with Russian builder Pacifico Marine for two catamaran ferry projects. Incat Crowther and Pacifico Marine have formed a relationship that sees the design company assist Pacifico Marine to service the Russian market with proven designs. The relationship has already found success with the contracts for these two vessels, and both companies are hard at work to secure further orders.
Saipem: BOD Appoints Chairman, CEO, Deputy CEO
San Donato Milanese, 9 May 2011 - The Board of Directors of Saipem S.p.A., convened and following the resolutions taken by the Shareholders’ Meeting on May 4, 2011, approved the appointments of the Chairman, Deputy Chairman and CEO and Deputy CEO of Saipem S.p.A. It also ascertained the independence requirements for Board Directors and Statutory Auditors and appointed the members of the internal Board Committees.
TBS International Reports Q1 Results
DUBLIN, IRELAND, May 09, 2011 (MARKETWIRE via COMTEX) -- TBS International plc (NASDAQ: TBSI) announced today its financial and operating results for the first quarter ended March 31, 2011. Ferdinand V. "The weakening freight and charter rate environment that began in the second half of 2010 continued into early 2011, and adversely affected our revenues and our ability to maintain financial ratios as required by our credit facilities.
Box Ships Takes Delivery Of Third Containership
ATHENS, Greece, May 9, 2011 – Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the Maule, a 6,589 TEU container vessel built in 2010, from an unaffiliated third party. This vessel has a fixed rate period time charter term of five years (with charter option of plus / minus 30 days) with CSAV Valparaiso Chile at a gross daily charter rate of $38,000.
Hydroid REMUS AUV Helps Find WWI U-boat
Pocasset, MA – May 9, 2011 – Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles, announced today that its REMUS 100 AUV aided in the discovery of the World War I German submarine U-106, which had been missing since October 1917. The Royal Netherlands Navy (RNLN), which used the REMUS vehicle, located the missing submarine off the coast of Terschelling in the Netherlands.
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