Port of Kiel Welcomes Costa Pacifica
Today marks the beginning of Kiel’s tenth season as a base port for the cruise ships of the Costa Crociere Shipping Company. It comes as “Costa Pacifica” arrives in Kiel to become the biggest cruise ship ever to berth in the port. Arriving from Harwich, the Costa flagship was met early this morning by the tug “Bülk” and escorted with a fountain display to Kiel’s Ostseekai Cruise Terminal where her captain and crew were officially welcomed by the President of the Schleswig-Holstein state capital…
SFL Sells Vessel, Terminates Charter
Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company"), today announced that it has agreed to sell the 20-year old combination carrier Front Breaker to an unrelated third party and has simultaneously agreed to terminate the corresponding charter party with a subsidiary of Frontline Ltd. ("Frontline"). Delivery to the new owner is expected to be in May 2011 and Ship Finance…
Transocean Presents at Oil & Gas Conference
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Ricardo H. Rosa, Senior Vice President and Chief Financial Officer of the company, will address attendees at the UBS Global Oil and Gas Conference in Austin, TX. Mr. Rosa is scheduled to present at 8:05 a.m., CT, on Tuesday, May 24, 2011. A live broadcast of the presentation and a replay will be publicly accessible through the company's website at www.deepwater.com.
Transas Marine's New Version of FleetViewOnline
New version of Transas FleetViewOnline (FVO) Tracking service 3.10 is launched with a new AIS Tracking feature available for free. AIS Tracking feature in demo mode is available for free for Transas FVO users. As soon as your vessel appears in area covered by AISHUB service you can receive additional AIS DPRs generated by AIS installed on board. AIS and Satellite position reports may be integrated into one track or presented separately.
UK P&I Club Capital Reaches Record High
In its Review of the Year 2011, published this week, the UK Club posted total assets of $1.6 billion. “We have achieved our goal of balanced underwriting so that all the $69 million investment return of the year is transferred to the reserves. The Club’s $478 million free reserves and capital are the highest they have ever been; our Members can be confident that the process of rebuilding the Club’s reserves has been successful.
Douglas-Westwood Discusses UK’s Offshore Wind Industry
Speaking at All Energy 2011, Andrew Reid, Douglas-Westwood’s Managing Director, today describes the prospects for the offshore wind market and outlines potential challenges for businesses looking to capitalize on the opportunity. Putting the market in context, Reid commented, “The majority of global offshore wind installations have taken place over the last few years with the UK undoubtedly representing the key market.
Costamare Sets Date For Q1 2011 Results
Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the first quarter ended March 31, 2011 after the market closes in New York on Monday, May 23, 2011. Following the earnings release, on the following day, Tuesday, May 24, 2011 at 8:30 a.m. EDT, Costamare's management team will hold a conference call to discuss the financial results. Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1(866) 819-7111 (from the US)…
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