Newly merged company will track and monitor half the world’s ships. Pole Star Space Applications Limited (“Pole Star”), Absolute Software Inc. and Absolute Maritime Tracking Services Inc. (“Absolute”) today announced that the merger of the three organisations has been completed. The enlarged global business, headquartered in West London, will provide a combination of monitoring and security related services to more than 35,000 vessels - half the world’s international fleet. Combining Pole Star’s award-winning expertise in systems for commercial fleets, flags and maritime administrations with Absolute’s proven credentials in fisheries management, together with its services to flags and maritime administrations, the enlarged organisation will offer cutting-edge technology to the maritime industry as a whole. The merged company will now operate Long-Range Identification & Tracking (LRIT) data centres for 40 maritime administrations including Panama, Singapore, the Marshall Islands, Liberia, Australia, and Canada; as well as providing LRIT Conformance Testing and Certification for more than 90 Flags. In addition, the combined company’s increased technology resources will enable the group to deliver superior, cutting edge products more quickly to its customers.
Mackay Communications joins Pole Star’s wide marine market network of approved distributors. Mackay will offer Pole Star’s portfolio of products and services including Fleet Management, Alert Advanced Ship Security Alert System (SSAS), Marine Asset Tracker (MAT), and LRIT conformance testing services to their customer base throughout North America. “We are extremely pleased to formalize the relationship with Mackay,” commented Duncan Halliday
Star Maritime Acquisition Corp., a Delaware corporation, announced that at its special meeting of stockholders held yesterday, its stockholders voted to approve by an overwhelming majority the acquisition by Star Maritime's wholly-owned Marshall Islands subsidiary, Star Bulk Carriers Corp. of eight drybulk carriers from subsidiaries of TMT Co., Ltd. and the merger of Star Maritime with and into Star Bulk, with Star Bulk as the surviving corporation.
Collecte Localisation Satellites (CLS) and Iridium Communications Inc. (NASDAQ: IRDM) announced that the U.S. Coast Guard has type-approved the CLS Thorium terminal for Long-Range Identification and Tracking (LRIT). The type approval clears the way for CLS America, a subsidiary of CLS, to equip ships sailing under the U.S. flag to comply with the international LRIT carriage requirements. Pole Star, the U.S. LRIT Application Service Provider (ASP)
Pole Star, fleet managers, ship security & vessel monitoring providers, appoint Andrew Peters as compsny Chief Executive Officer. The appointment follows the retirement of interim CEO, Colin Hook, who will continue to serve as a non-executive director of the board. Andrew Peters, previously CEO of Telefonica UK and Deutsche Telekom Ltd, takes the helm as Pole Star embarks on an ambitious strategy to launch new services
Star Bulk Carriers Corp. has taken delivery of the M/V Star Kappa (ex E Duckling), a 52,055-dwt Supramax vessel built in 2001 in Japan. Star Kappa is an addition to the initial fleet, was acquired for $72m and is the third vessel to be delivered to the company following the completion of the Redomiciliation Merger. Star Kappa has a Time Charter employment contract at a gross daily rate of USD 47,800 with earliest expiration date of September 23, 2010.
Star Bulk Carriers Corp. announced that it has entered into a definitive agreement to acquire the M/V Nord Wave, to be renamed the M/V Star Omicron, a Supramax bulk carrier of 53,489 dwt, built in 2005 in , for $72m. The vessel will be financed through a combination of company cash and bank debt. The M/V Star Omicron, is scheduled to be delivered to Star Bulk within April 2008. It has been acquired charter-free and Star Bulk intents to secure the vessel under time-charter employment prior to
ATHENS, GREECE, April 13, 2011- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), today announced that the dispute that had arisen back in October 2008 between the Company's subsidiary Star Beta LLC ("Star Beta") and OLDENDORFF GmbH and Co. KG ("Oldendorff"), sub charterers of the STAR BETA ("the Vessel") concerning the assignment to Star Beta of the charterparty between Oldendorff and Industrial Carriers Inc
Today in U.S. Naval History - March 17 1898 - USS Holland, first practical submarine, launched 1942 - United States Naval Forces Europe established to plan joint operations with British 1958 - Navy Vanguard rocket launches 3.25 pound sphere from Cape Canaveral 1959 - USS Skate (SSN-578) surfaces at North Pole For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil
Commander, Submarine Forces (COMSUBFOR) announced an early end to Ice Camp Nautilus on March 23. The ice camp was a temporary structure built and operated especially for Ice Exercise 2014 (ICEX-2014). Personnel at Ice Camp Nautilus, which is built into the ice floe north of Prudhoe Bay, Alaska
Sunday, March 30, during the night, M/T Glenda Meryl (jointly owned by d'Amico and Glencore and managed by Ishima ship management) rescued all the American crew of the stricken sailing yacht Even Star. The crew had taken to the ship's liferaft
Several recent media reports state that the existence of the Big Bang allegedly has been proven by BICEP, a telescope stationed at the South Pole. In 2011, Mammoet replaced the bearing of this monumental instrument, which now appears to have found ‘waves of gravity’ that were rippling
On April 2, 2014, Sea Star Line’s vessel El Faro and its employees participated in a joint training exercise at North Florida shipyards. The training exercise focused on evaluating agency procedures, communication plans and training programs to assure all agencies can respond in the most
VSE Corporation informs that its International Group has received several delivery orders totaling more than $13.4M to continue work performed under its Foreign Military Sales (FMS) Naval Ship Transfer and Repair (N*STAR) contract through the Naval Sea Systems Command (NAVSEA) International Fleet
Building on the fruitful past decade of U.K.-Singapore cooperation in scientific research and development, A*STAR’s Institute of High Performance Computing (IHPC) and the Southampton Marine and Maritime Institute (SMMI) officially launched a joint laboratory in Maritime and Offshore
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, has announced that it has taken delivery of M/V Star Sirius a Post - Panamax bulk carrier of approximately 98,000 deadweight tons carrying capacity.
Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico, the Department of Justice announced today
Today in U.S. Naval History - March 10 1783 - USS Alliance (Capt. John Barry) defeats HMS Sybil in final naval action of Revolution in West Indies waters 1933 - Pacific Fleet provides assistance after earthquake at Long Beach, Calif.
MacGregor, part of Cargotec, has secured deck equipment contract for a series of eight 58,500 dwt bulk carriers under construction at New Times Shipbuilding in China. The vessels are being built for Lemissoler Navigation (Front Marine), based in Cyprus
The European Parliament today passed a resolution calling for a protected area around the North Pole which could ban oil companies and industrial fishing fleets from the region. The text echoes the demands of an international campaign which has attracted the support of over five million people
The European Parliament has passed a resolution calling for a protected area around the North Pole which could ban oil companies and industrial fishing fleets from the region, informs Greenpeace. The move represents a clear break from the current positions of ‘Arctic Council’ members
The cause of a collision between the cargo ship 'Genius Star VII' and a barge loaded with 840,000 gallons of #6 fuel oil in the Houston Ship Channel is being investigated by the US Coast Guard. Watchstanders with Coast Guard Marine Safety Unit Texas City received a report at approximately 8:30 p.m
On January 30, 2014, the White House released the Implementation Plan for the National Strategy for the Arctic Region. The purpose of the Implementation Plan is to put flesh on the bones of the May 10, 2013 National Strategy for the Arctic Region
The Coast Guard Cutter Polar Star is scheduled to return to their homeport of Coast Guard Base Seattle at 10 a.m., Friday, March 21, 2014, following a 108-day deployment of Operation Deep Freeze 2014. Polar Star departed Seattle Dec