Warrant Programme - New Articles of Association
Further to company announcement No. 13/2011 of 3 May 2011, the Company can inform that the final number of warrants issued by the board of directors of Nordic Tankers A/S in accordance with the authority set out in clause 4c of the Articles of Association amounts to 1,245,000 warrants, which entitle holders to subscribe for up to 1,245,000 shares of DKK 1 each, corresponding to an increase of the of the Company’s share capital of up to DKK 1,245,000, nominal value.
Omega Navigation Enters Loan Amendment
Athens, Greece, May 17, 2011 - Omega Navigation Enterprises, Inc. (NASDAQ:ONAV), a leading provider of Global Marine Transportation services specializing in product tankers, announces that it has reached an agreement with its lenders to amend the maturity date of both the current senior and junior loan facilities. With this agreement the new maturity date will be May 20, 2011 on both facilities, amended from the current maturity date of May 17, 2011. Source: Omega Navigation Enterprises
Bureau Veritas: A New Meaning of Efficiency
Bureau Veritas says continuing pressure on environmental emissions, coupled with rising oil prices, puts a new focus on operational efficiency. Writing in the Bureau…
Aker Philadelphia Shipyard Delivers 12th Product Tanker
Aker Philadelphia Shipyard (Oslo: AKPS), a leading U.S. commercial shipyard, delivered to American Shipping Company (Oslo: AMSC) the shipyard’s twelfth Veteran Class MT-46 product tanker. The 46,000 dwt vessel, named the Overseas Tampa, will leave the shipyard in the coming days under the operation of Overseas Shipping Group (OSG) to transport petroleum products. The on schedule delivery of this ship marks the successful conclusion of a historic shipbuilding program that began in April 2005.
Wrecks of the World II, June 6-7
the World: Evaluating and Addressing Potential Underwater Threats” (WOW) II” on Monday, June 6 and Tuesday, June 7, 2011 at the Maritime Institute of Technology…
Ananiev Heads OW Bunker Russian Desk
OW Bunker announced the appointment of Andrew Ananiev as Sales Manager. The move is part of a strategic focus to further strengthen the Group’s presence in the growing BRIC (Brazil…
Trinity’s 191-ft Carp Diem 191-ft Delivered
Trinity’s newest superyacht, the 19-ft tri-deck motoryacht Carpe Diem, has delivered to her owner, a repeat Trinity client. Featuring a 33-ft beam — the second hull in the new series — Carpe Diem’s exterior styling represents a new design for the acclaimed builder, one which keeps the promise Trinity delivers to all clients: to build a yacht as specified by her owner. From her Trinity-designed naval…
IMS Introduces Deep Digging Dredger
IMS introduces the deep digging Depth Master 55 (DM-55TM) as the latest addition to is dredge product line. The DM-55TM is IMS's solution to making deep maintenance dredging and environmental dredging affordable. "Over the years we have received hundreds of inquiries from ports and environmental contractors wanting to dredge deeper, but they simply could not afford to get a multi-million dollar machine…
DataLog Fuel Monitoring Software for FloNET
FloScan’s new PC software, DataLog, was designed to satisfy customer requests for recording fuel usage data for NOx emissions reporting and to simplify fuel inventory control. DataLog also provides the captain with valuable real-time fuel flow data to pinpoint the engine speed to improve fuel economy by 20% or more. And the individual supply and return fuel flow rates and temperatures keep track of the engine’s health and performance.
Boksa Marine Design, Custom Steel Boats Yacht
Boksa Marine Design and Custom Steel Boats developed the CS 85. Designed specifically for an avid SCUBA diver and his family and friends, the CS 85, an 85 ft x 22 ft expedition style motor yacht…
New Golden Gate Ferry Enters Service on Larkspur
The first of two vessels purchased by the Golden Gate Bridge, Highway and Transportation District (GGBHTD) from Washington State Ferry in January 2009 has been completely…
Diamond Offshore Drilling, Two New-Build Drillships
Diamond Offshore Drilling, Inc. (NYSE:DO) today announced that a subsidiary of the company has entered into two term drilling contracts with Anadarko Petroleum Corporation. The contracts, which will utilize Diamond Offshore's two new-build drillships now on order, are expected to generate combined maximum total revenue of approximately $1.8 billion and represent 10 years of contract drilling backlog.
Global Shipping Leaders Call for Sustainable Industry
Some of the biggest names in shipping today called on the industry to take far-reaching action to create a maritime sector which is socially and environmentally responsible and profitable.
Port Scholarships Awarded to 20 Local Students
The Port of Long Beach on Friday, May 13, awarded $53,500 in scholarships to six local high school students and 14 college students to help them pursue careers in international trade and goods movement. With the latest awards, the Port has presented $388,150 in scholarships to 243 students since 1993. The goal of the Port of Long Beach Scholarship Program is to help students prepare for future careers and leadership positions in the international business community.
Mazumdar New Head of UK Ship Register
We are pleased to confirm that Debasis Mazumdar will take over as Head of UK Ship Register/Customer Service Team Manager from 1 June 2011. Debasis was previously…
Cargotec Wins Macgregor Electric Cranes Order
In April Cargotec confirmed a new order for 21 MacGregor variable frequency drive (VFD) electric cranes to be installed on seven 28,000 dwt multipurpose cargo ships. The ships will be built at Huanghai Shipbuilding in China for Ethiopian Shipping lines, and the MacGregor cranes are scheduled for delivery between August 2012 and September 2013. Three MacGregor GLE electric cranes will be installed on each ship: five ships will be equipped with a 60-tonne and two 80-tonne cranes…
BOEMRE Hearings: Draft EIS for Western GOM
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) will hold two public hearings in Houston, Tx. to accept oral or written comments on a…
Hydrex US: Fully operational in North America
The Hydrex office in Clearwater, Florida, in the Tampa Bay area is fully established and ready to mobilize immediately. The office has a fast-response center that is equipped with a full range of diving support equipment and everything needed to carry out Hydrex underwater operations at short notice. This enables Hydrex LLC to efficiently service vessels and offshore units calling on ports in Canada, North, Central and South America as well as the Caribbean.
Final Stage of Dubai Maritime Sector Strategy Begins
Government and non-government entities working in the maritime sector of Dubai and associated with it, are reaching the final stages of the development of a comprehensive, first-of-its-kind maritime sector strategy (MSS) for the Emirate. The MSS will help Dubai lay the foundation for the creation of a sustainable and competitive maritime offering that will position Dubai at par with world leading maritime centers.
Bureau Veritas Says It Is Time For A New Meaning Of Efficiency
LEADING international classification society Bureau Veritas says continuing pressure on environmental emissions, coupled with rising oil prices, puts a new focus on operational efficiency. Writing in the Bureau Veritas Marine Business Review 2011 Bernard Anne, managing director of BV’s Marine Division says, “Efficiency has to take on a new meaning. To be efficient means more than optimising a ship to burn less fuel when loaded and at its design service speed.
