Hellenic Navy

AdvanFort Appoints Business Development Manager

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  

Navy Transfers Two Coastal Mine Hunters to Greece

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 Shipyards Skaramanga To Go Private With HDW Werft

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

HDW Emerges as Successful Bidder for Shipyard

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

Capralos Star Bulk CEO & President

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.

Two Time Charters for Hellenic Carriers

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.

RIB Report

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

SHIP SALES

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

New York Shipping Conference – Feb. 10

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.

Posidonia Opens Next Week

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