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.
Shipsales Some of these sales may not be final – (Reuters) . BULKERS Western Team - (built 1984) 43,296 dwt sold to Greek buyers for $6.9 million. Lara - (built 1985) 8,517 dwt sold to Italian buyers for $2.1 million. Lady Danielle - (built 1978) 21,310 dwt sold to U.S. based buyers for $1.4 million. SOLD FOR DEMOLITION BULKERS Hellenic Confidence - (built 1977) 17,616 dwt sold for $192 per light displacement tonne delivery India. TWEENDECKER
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.
India’s naval might was on full display off the coast of Visakhapatnam today (Saturday) as President Pranab Mukherjee reviewed the naval fleet. Mukherjee, the Supreme Commander of the Armed Forces, was accompanied by Prime Minister Narendra Modi and Defence Minister Manohar
Ticonderoga-class guided-missile cruiser USS Antietam (CG 54) and Arleigh Burke-class guided-missile destroyer USS McCampbell (DDG 85) arrived Feb. 4 in India to participate in the nation's International Fleet Review (IFR) 2016. IFR 2016 is an international military exercise hosted by
The Nigerian Navy has foiled an attempt by suspected pirates to hijack and abduct 25 foreign nationals aboard a container ship operated by A.P. Moeller-Maersk A/S carrying general cargo to Nigeria with 25 sailors on board, say local media.
On 4 February 2016 the South African Navy took delivery of a second South African-built Damen ATD Tug 2909 at the naval base in Simon’s Town. Escorted by SA Navy's existing six tugs, Inyathi was welcomed into the naval fleet with a traditional sail past.
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port, gaining a key foothold to expand China's economic and military presence in Europe and Africa under the
The 10 U.S. Navy sailors briefly detained in Iran have safely returned to U.S. custody. There are no indications that the sailors were harmed during their overnight detention, the U.S. Navy said in a statement. The sailors departed Farsi Island at 8:43 a.m
Cosco Pacific is expected to submit an improved bid for the controlling stake in Piraeus Port Authority (OLP) on Wednesday that is set to be discussed at the board meeting of the Hellenic Republic Asset Development Fund (TAIPED), reports Kathimerini.
US Navy has christened its Virginia-class attack submarine, SSN 801, as the USS Utah in honour of the history its namesake state has had within the navy. The attack submarine is the second naval vessel to have been named after Utah, with the first being the battleship BB-31
The U.S. Navy on Wednesday launched its first carrier strike group powered partly by biofuel to conduct operations in the Pacific. The "Great Green Fleet" warships powered by alternative energy is a milestone toward easing the military's reliance on foreign oil
The state privatization fund Hellenic Republic Asset Development Fund (HRADF) of Greece has accepted a “significantly improved” offer from China’s Cosco Group for the state’s majority stake in the Piraeus Port Authority (OLP).
Greece's biggest oil refiner Hellenic Petroleum agreed on Friday to buy crude oil from the National Iranian Oil Company (NIOC), the first European refiner to restart trade relations with Iran after the lifting of international sanctions.
A U.S. Navy commander charged with accepting paid travel, prostitutes and Lady Gaga concert tickets from a Malaysian defense contractor in exchange for classified information pleaded guilty on Thursday to federal corruption charges. Commander Michael Vannak Khem Misiewicz appeared in U.S
Aiming to help deepen United States’ maritime partnerships with India, U.S. Chief of Naval Operations Adm. John Richardson will make his first visit to India February 2 through February 6. Richardson’s first stop will be in New Delhi
BAE Systems announced it has signed a contract with Bangkok Dock to assist in the licensed construction of a second 90-meter Offshore Patrol Vessel for the Royal Thai Navy. Under the agreement, BAE Systems will provide engineering support and advice during construction of the vessel in Thailand.
U.S. Defense Secretary Ash Carter on Wednesday mapped out plans for the U.S. Navy to buy more high-end submarines, destroyers, fighter jets and unmanned underwater vehicles using $8 billion in savings generated by scaling back orders for smaller Littoral Combat Ships.