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
Malaysia's Star Cruises Plc and Carnival Corp. have terminated a joint venture agreement to buy Norwegian cruise group NCL Holding ASA, paving the way for Star to have full ownership. Star reportedly cancelled the deal with Carnival because it was not prepared to give more control to Carnival on NCL's future direction. Carnival was offered a minority 40 percent stake to prevent a bidding war, Star officials said, but have since wanted more control than the Malaysian company was prepared to
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
The U.S. Environmental Protection Agency (EPA) has recognized Pentair's Aquatic Systems with a 2015 ENERGY STAR Partner of the Year award for its outstanding contribution to reducing greenhouse gas emissions by manufacturing energy-efficient products and educating consumers about energy efficiency. Pentair's accomplishments will be recognized in Washington, D.C. on April 20, 2015. Pentair, an ENERGY STAR partner since 2013 is being honored for its leadership in manufacturing
The pilot of a tow vessel that ran aground in June 2014 was sentenced for negligence. Gerold Holt Bosarge was sentenced June 12 in United States District Court for the Southern District of Alabama to a violation of Title 46, United States Code, Section 2302(b)
Star Bulk Carriers Corp. a global shipping company providing transportation solutions in the dry bulk sector, today announced the sale of M/V Star Mega, a 170,631 dwt Capesize vessel, built in 1994, to an unaffiliated third party.
Star Bulk Carriers Corp., a global shipping company providing transportation solutions in the dry bulk sector, today announced the sale of M/V Star Christianna (a 74,577 dwt Panamax vessel, built in 1998) to an unaffiliated third party.
Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector. Over the next year, the company is restructuring some independent divisions under the same roof
As a result of the recent successful completion of sea trials on-board the high speed car and passenger ferry, Blue Star Delos, Eco Marine Power (EMP) has now cleared the Aquarius MAS + Solar and Aquarius Marine Solar Power solutions for commercial release.
Ship capsizes in "tornado" on southern stretch of Yangtze. Rescuers fought bad weather on Tuesday as they searched for more than 400 people, many of them elderly Chinese tourists, missing after a cruise boat was buffeted by a freak tornado and capsized on the Yangtze River.
Vessel sales for May 2015 (as of June 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD Bulk Carriers 5/26 - SEA RACER - 18,320 - 00 - (15) - $3.5 5/12 - BIRCH 5 - 26,045 - 97 - (18) - $2.8
Death toll more than doubles to 19, more than 400 missing. Rescuers searched a sunken cruise ship in the Yangtze River on Wednesday for more than 400 missing people, many of them elderly, but hopes of finding more survivors were fading in what could be China's worst shipping disaster in almost
Three years before the cruise ship he was steering capsized in the Yangtze River, the Chinese government honoured captain Zhang Shuwen for saving the life of an elderly man who had suffered an asthma attack. Zhang is now the focus of attention after his ship, the Eastern Star
Eli Vassenden, COO Ship Management in Grieg Star, has been awarded the WISTA LeaderShip Award 2015 by WISTA Norway as recognition of her contribution the maritime industry, her competency and leadership skills within the traditionally male dominated role of COO
Dozens of people broke through a police cordon on Wednesday as they marched towards the site of a sunken cruise ship in the Yangtze River to demand news of missing relatives. Rescuers searched for more than 400 missing people, many of them elderly
Huge cranes righted the Eastern Star, the capsized Chinese cruise ship, but still submerged in water. The next step would be to lift it. Authorities said they would search every cabin, the official news agency Xinhua reported.
Nuclear-powered icebreaker 50 Let Pobedy (50 Years of Victory) owned by FSUE Atomflot has left the port of Murmansk on her voyage to the 'top of the world', the company’s press office said. The 25th season of tourist cruises started on June 4.
Ferus Smit informs it will launch Nb. 418 Nordana Star for Symphony Shipping on Friday, July 3, at its shipyard in Leer, Germany. Nordana Star is the second vessel in a series of six to be delivered to Symphony Shipping. As her name reveals
All-women sailing crew Team SCA have recorded their first victory of the Volvo Ocean Race, clinching the eighth leg in the Bay of Biscay off the coasts of France and Spain. The Swedish boat, skippered by Briton Sam Davies, won the eighth and penultimate 647-mile stage