AdvanFort appointed Dimitrios Angelopoulos, a retired Hellenic Navy submarine commander, as its new business development manager. Before coming to AdvanFort, Mr. Angelopoulos worked for Hellenic Shipyards S.A. as the project manager for the 214-type submarine contract with the Hellenic Navy. A Hellenic Naval Academy graduate, he has an Executive MBA degree from the University of Piraeus and an MBA degree from the University of Louisville. As a career submarine officer, Mr. Angelopoulos served for 15 years in the submarine fleet, including command of two submarines and as chief of submarine operations. Besides his experience in naval operations and training, he brings significant expertise in risk and performance management in theshipping industry. Mr. Angelopoulos’ initial focus will be on maritime security opportunities in Italy, Greece, Germany and Spain. The hiring comes just weeks after a fellow Greek navy commander, Nicholas-Andrew Iliopoulos, a master mariner who for nearly a decade served as the personal liaison of HM the late King Hussein Bin Talal of Jordan to the seafaring community, was chosen as AdvanFort’s business development director. www.advanfort.com
Mine warfare ship USS Pelican (MHC 53) departs from Naval Support Activity (NSA) New Orleans. Pelican conducted a three-day port call to the New Orleans before returning to her homeport at Naval Station Ingleside, Texas. U.S. Navy photo by Mr. Sam Shore Two Osprey-Class Coastal Mine Hunters, USS Heron (MHC 52) and USS Pelican (MHC 53), were decommissioned March 16, and transferred to the Hellenic Navy (HN) in the first official transfer of ships between nations at the South Texas base.
Hellenic Industrial Bank was outperforming the Athens bourse on Wednesday on expectations it will soon sell its majority stake in Skaramanga shipyards, analysts said. ETBA, which owns 51 percent of Hellenic Shipyards Skaramanga, said late on Tuesday it would start negotiations with German shipyard HDW Werft, which was the highest bidder in the privatization of the shipyard. ETBA shares were up 3.81 percent to $5
Hellenic Industrial Bank (ETBA) was outperforming the Athens bourse on expectations it will soon sell its majority stake in Skaramanga shipyards, analysts said. ETBA, which owns 51 percent of Hellenic Shipyards Skaramanga, said it would start negotiations with German shipyard HDW Werft, which was the highest bidder in the privatization of the shipyard. ETBA shares were up 3.81 percent to 6.00 euros at 1102 GMT, outperforming the Athens bourse's benchmark general index, which was down 0
Versatility Prevails at Silver Ships/AMBAR Having built over 200 aluminum RHIB's, Silver Ships, Inc. / AMBAR Marine, has grabbed a foothold in the design and construction of aluminum RHIB's - all of which are constructed in accordance with SOLAS regulations. The U.S. Coast Guard operates 90 AMBAR Marine Non-Standard RHIB's and the U.S. Navy Sea Systems Command operates 40 AMBAR Marine Special Service RHIB's. Silver Ships, Inc
Time charters for Greece-based Hellenic Carriers' bulk ships 'Konstantinos D' & 'Hellenic Wind' have been fixed. The M/V Konstantinos D has been fixed for a period of 4-6 months at a daily gross hire rate of US$ 7,600. The charter commenced on 29 September 2012, the earliest expiration date is on 29 January 2013 and the latest on 29 March 2013. The M/V Konstantinos D is a 50,326dwt Supramax vessel built in 2000 at Mitsui Engineering and Shipbuilding, Japan.
Building strategies for survival in today’s economic and shipping markets is this year’s focus of the 15th annual Hellenic-American and Norwegian-American Chambers of Commerce annual conference, often called the New York Shipping Conference. The event will be held on Tuesday, February 10th at the New York Helmsley Hotel starting at 0815 with conference registration and coffee. The conference will conclude at 1700 with a networking cocktail reception.
The 22nd edition of Posidonia 2010, an international shipping trade event, opens its doors next week on the back of renewed confidence in the state of Greek maritime affairs as outlined in a recent Union of Greek Shipowners (UGS) statement. According to UGS, Greece’s foreign exchange earnings from ocean going shipping services were substantial in 2009 amounting to $16.6b despite a slight decrease compared to the previous year
Star Bulk Carriers Corp. (NASDAQ: SBLK), announced that Spyros Capralos has been appointed as President and Chief Executive Officer, to succeed Akis Tsirigakis, effective as of February 7, 2011. Capralos has also been appointed to the Board of Directors which is now comprised of eight members. Tsirigakis will continue to serve as a director. Tsirigakis' parting was mutually agreed, so he may pursue other interests.
Hellenic Carriers Limited, an international provider of marine transportation services for dry bulk cargoes, on 17 May 2016 sold the Company’s vessel HELLENIC WIND (74,000 DWT built 1997) for demolition to an unrelated third party for a total gross cash consideration of US$2.88 million. US$1.6 million of the proceeds of this sale were used by the Company for repayment of its outstanding debt under the loan described as Loan B in note 11 to the Company’s audited consolidated
Shipping companies transporting coal, and iron ore and other commodities are urgently seeking ways to conserve cash and withstand the worst market downturn on record as too many ships chase shrinking business. A shortage of financing - estimated at $30 billion and caused in part by banks
A large wooden fishing boat overcrowded with migrants capsized off the coast of Libya, the Italian navy said on Wednesday, with some 562 people rescued and five found dead. Photographs show the blue fishing boat rocking violently before capsizing, sending migrants tumbling into the sea
The U.S. Navy (USN) and the Royal Thai Navy (RTN) kicked off Exercise Guardian Sea, Andaman Sea comprising bilateral naval training drills that aim to enhance cooperation in the fields of anti-submarine warfare and maritime domain awareness.
The US Navy released updates to the Special Duty Assignment Pay (SDAP) for eligible enlisted Sailors in NAVADMIN 120/16, May 25. The SDAP program enhances the Navy's ability to size, shape and stabilize the force by encouraging qualified Sailors to serve in designated Special Duty Assignments
Austal Limited announced it has secured an order worth nearly $11.8 million from the U.S. Navy to provide engineering and management services for advance planning and design in support of the Post Shakedown Availability for the Littoral Combat Ship Montgomery (LCS 8).
South Korea will host a six-nation submarine exercise in its southern seas later in the month, Yonhap quoted the Navy as saying. The Pacific Reach 2016, involving the United States, Japan, Australia, Singapore, Malaysia and South Korea will kick off on May 25 for a 10-day run in the
The U.S. Navy has sent Lockheed Martin Corp three requests to correct problems, including propulsion-related issues, with the Littoral Combat Ship (LCS) program dating back to May of last year, a Navy spokesman said on Tuesday. The ships were originally designed as a small
Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday, as the country seeks to tap into its limited oil reserves.
The Royal Australian Navy (RAN) formally commissioned Navy Headquarters – South Queensland as HMAS Moreton today in a ceremony steeped in tradition. The Governor of Queensland, His Excellency the Honourable Paul de Jersey AC, together with Senators Joanna Lindgren and Chris Ketter
The crew from the Coast Guard Cutter Morro Bay welcomed Navy Reserve medical units from Akron, Ohio, and Youngstown, Ohio, in Cleveland Sunday. The visit was designed to familiarize the Navy Reservists with shipboard operations. The cutter crew gave the members of the medical units a tour
Navy League’s Sea-Air-Space Exposition – AeroVironment, Inc. has announced the United States Navy plans to deploy its “Blackwing,” a small, tube-launched unmanned aircraft system that deploys from under the surface of the sea
A new lifeboat station has been opened on the Greek island of Chios – with the cooperation of International Maritime Rescue Federation (IMRF) members – to help support the rescue of migrants in the Aegean. The Lifeboat station was made possible through a partnership
The U.S. Navy awarded a contract modification to General Dynamics Mission Systems to build and deliver more than 30 new AN/USC-61(C) Digital Modular Radios (DMR), along with related materials and equipment for new Navy surface vessels and submarines.
The U.S. Navy has accepted delivery of future USS Zumwalt (DDG 1000), the lead ship of the Navy's next-generation of multimission surface combatants, May 20. DDG 1000 is tailored for sustained operations in the littorals and land attack
Ingalls Shipbuilding, a division of Huntington Ingalls Industries (HII), christened the amphibious transport dock Portland (LPD 27) on May 21 in front of approximately 1,000 guests. U.S. Marine Corps Maj. Gen. Christopher Owens, director of the U.S