International Announces

Algae-X Technology Now Available in Greece

Algae-X International announces its distribution agreement with Sun Sea Service. Based in Athens, Sun Sea Service is a sales and service center for several engine manufacturers including Volvo Penta, Yanmar and Perkins. Sun Sea Service also maintains over 950 recreational vessels, both private yachts and charter fleets. Sun Sea Service will introduce Algae-X Magnetic Fuel Conditioners and the AFC-705 Fuel Catalyst to its network of commercial marine customers and boat builders. Algae-X Fuel Conditioners will be installed in the fuel systems for new engine packages and retrofitted into existing engine installations for marine, power generation, trucking and transportation, construction, mining, Agriculture and other applications. Algae-X Technology improves and maintains the quality of diesel fuel, hydraulic oil and other distillate fuels, preventing tank sludge and clogged filters.


ALGAE-X®Technology Now Available in South Africa

International announces its distribution agreement with Clear Fuel Technologies, a Division of Windo Info S.A., based in Dalbridge, South Africa. Clear Fuel Technologies President Ron Mattig, is introducing ALGAE-X® Magnetic Fuel Conditioners and the AFC-705 Fuel Catalyst to his network of distributors in the Trucking, Power Generation, Mining, Agriculture and Commercial Marine industries. ALGAE-X® Technology is reported to improve and maintain the quality of diesel fuel


Undersea Laboratory Cable Array Repaired

VENUS SIIM Being Deployed: Photo courtesy of OceanWorks

OceanWorks International announce the successful re-deployment of the VENUS coastal network in the Strait of Georgia after repairs. Placed in Canadian waters in the Strait of Georgia, VENUS is part of the Ocean Networks Canada Observatory, is a cabled undersea laboratory with nodes that provide live video, acoustic images and real-time data for ocean researchers and explorers. VENUS delivers real time information from seafloor instruments via fiber optic cables to the University of Victoria


China Merchants Holdings Complete Terminal Link Deal

Closing Ceremony: Photo credit China Merchants

China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM. Farid Salem, CMA CGM's Executive Officer, said: "CMA CGM is very pleased to enter a new strategic partnership with CMHI which will allow us to join our complementary forces to operate and further develop in Terminals investments." "The smooth completion of this transaction


U.S. Coast Guard Chooses Videotel on Demand

Nigel Cleave, CEO of Videotel, presenting a commemorative plaque to Rear Admiral Linda Fagan at CMA Shipping 2012.

Videotel Marine International announced that the United States Coast Guard (USCG) in Yorktown, Virginia, which trains Port State Control Officers, has taken delivery of three Videotel on Demand (VOD) units. The units are pre-loaded with top quality marine safety and operational training videos, computer-based training materials (CBT) and instructional courses. Comprehensive and interactive, the training material will be used by the USCG to augment existing Port State Control Office training


Smit Profit Soars 60%

Smit International announced that its mid-year results saw profits soar 60% from EUR 29.7 million to EUR 47.5 million, driven by an extremely busy six months and good results in its salvage division, and strong pricing and utilization in its Transport & Heavy Lift Division. "The exceptionally high results in the second half of 2006 were continued in the first half of 2007, with our net profit rising 60% relative to the first half of 2006,” said CEO Ben Vree


Cruise Ship Superstructure Fire Extinguised by Crew

RCI CEO Inspects the Damage: Photo credit RCI

Royal Caribbean International announce cancellation of the vessel's next cruise to allow for damage repair in the port of refuge, Freeport, Bahamas. At approximately 3 a.m., Monday, Coast Guard Sector Miami received a report of a fire aboard the Bahamian-flagged cruise ship Grandeur of the Seas carrying 2,224 passengers and 796 crew en route to CoCoCay, Bahamas. The fire began on the third deck of the aft mooring area of the ship and spread to the fourth deck crew lounge area. Around 5 a.m


ENSCO International Incorporated Announces Cash Dividend

ENSCO International Incorporated announced that the company's Board of Directors declared a regular quarterly cash dividend of $0.025 per share of ENSCO common stock. The cash dividend will be paid on December 15, 2004, to stockholders of record on November 30, 2004.


Stealthgas Announces Deliveries of Vessels

Stealthgas, a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced the deliveries of the M/V Gas Sophie and the M/V Gas Haralambos, the sale of the M/V Gas Oracle, the M/V Gas Renovatio and the M/V Gas Nemesis, new chartering arrangements for the M/V Gas Emperor and the M/V Gas Tiny and the appointment to its Board of Directors of Lambros Babilis as an Executive Director and Deputy Chairman.


International Bunkering Middle East DMCC Promotes Staff

Mr. Felix Teo Yu Chuan.bmp

International Bunkering based in Dubai, UAE is pleased to announce the promotion of Mr. Felix Teo Yu Chuan to Senior Bunker Trader as from 1st of May 2011. At International Bunkering we acknowledge the value of each of our employees and their contribution to our results. Throughout his period of employment with International Bunkering Mr. Felix Teo has shown a very high level of customer understanding and a desire to meet them at level and to fulfill their individual requirements.


US Coast Guard to Terminate Guard on 2 mHZ Frequencies

Effective 01 August, 2013, the U. S. Coast Guard will terminate its radioguard of the international voice distress, safety and calling frequency 2182 kHz and the international digital selective calling (DSC) distress and safety frequency 2187.5.


Mare Forum Shipping Summit 2014 Will be Held in Dubai

16 6 13 MAREFORUM 2014 in Dubai.JPG

Drydocks World & Maritime World, a provider of services to the international marine and maritime industry, announced that the Mare Forum Shipping Summit will be held in 2014 in Dubai, UAE. The event which will be attended by leaders of both the regional and international industry will be


2013 ICOMIA/IFBSO Congress News

The 2013 ICOMIA/IFBSO Congress was held in London, United Kingdom from June 11-14,  2013 and was hosted and organized by the British Marine Federation (BMF) at Devonport House, located in London’s exclusive Royal Greenwich, a World Heritage Site.


New Zealand Ramps Up IMO Representation

IMO NZ Representation Ceremony: Photo credit NZ Government

Rt Hon Sir Lockwood Smith  appointed New Zealand's first Permanent Representative at the International Maritime Organization (IMO). Sir Lockwood, New Zealand High Commissioner to the United Kingdom, recently presented his credentials to the IMO’s Secretary-General, Koji Sekimizu


White & Case Publish New Marine Industry Report

Global law firm White & Case LLP announced the availability of a new report, "Restructuring & Beyond: The marine industry's routes to safety." The report focuses on survival strategies for those affected by the industry's downturn as well as emerging opportunities for companies


Royal Caribbean Names New Senior Vice President

Royal Caribbean International announced the appointment of Carol Schuster to Senior Vice President of Marketing. Ms. Schuster joins the global cruise line with a proven track record and extensive background in building global brands, as well as new market entry


Safe Bulkers Close Series B Preferred Shares

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today the closing of its previously announced public offering of 800,000 shares of its 8% Series B Cumulative Redeemable Perpetual Preferred Shares, par value $0


Latest U.S. Navy Contracts

The Department of Defense announce, amongst others, Navy contracts for Gravois Aluminum Boats, and Marine Hydraulics International. Gravois Aluminum Boats LLC, Jeanerette, La., is being awarded a $9,634,577 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the construction of


China's COSCO Acquires German Marine Equipment Firm

COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply. Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts


Hong Kong's New Cruise Terminal Damp

HK Cruise Terminal: Photo courtesy of Kai Tak Terminal

New cruise ship passenger terminal at Kai Tak in Kowloon is functionally ready, but not in the best form to welcome first travellers next week. A week before the HK$8.2 billion Kai Tak Cruise Terminal welcomes its first vessel heavy rain penetrated the roof


Tsakos Announces New Two-Year Employment

Tsakos Energy Navigation Limited (TEN), a product, crude and LNG tanker operator, announced two-year plus one year fixtures at charterers option with minimum rate provisions, for two MR product tankers to a major international end-user. The new charters should generate gross revenues of $22


Excel Agreements Strengthen Financial Foundation

Excel Maritime Carriers Ltd., an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, has announced that it has reached an agreement in principle with a steering committee of its senior lenders on the terms of a


CMHI and CMA CGM Complete Terminal Link Transaction

China Merchants Holdings (International) Company Limited (CMHI) and CMA CGM are pleased to announce the completion on June 11, 2013 of the sale and purchase of the 49% equity stake in Terminal Link, upon the obtaining of all consents and approvals in various jurisdictions and the completion of


Poulsson Appointed ICS Vice Chairman

Esben Poulsson

Singapore Shipping Association Honorary Secretary and International Committee Chairman Esben Poulsson has been elected as a Vice Chairman of the International Chamber of Shipping (ICS). His election took place at the ICS’s recent Annual General Meeting in Oslo


M&S Plan Major Logistic Centre at DP World's London Gateway

Company Executives Stride Forward: Photo credit DP World London Gateway

Prime Minister visits to welcome £200 million investment by UK household-name retailers Marks & Spencer to build new distribution centre at London Gateway. Marks & Spencer (M&S) and DP World London Gateway  jointly announce that M&S will build a major new


 
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