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
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
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)
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.
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
Star Bulk Carriers Corp., has delivered the Star Iota, a Panamax bulk carrier of approximately 78,585 dwt, built in 1983 in to its buyers. The Star Iota had been previously sold for approximately $18.3m. With the delivery of Star Iota to its buyers, Star Bulk has completed all deliveries of vessels for either purchase or sale, to date. Star Bulk's fleet currently consists of twelve dry bulk carriers. The contracted fleet operating days under time charter in 2008
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.
The National Aeronautics and Space Administration say there was once more water on the planet Mars than in the Arctic Ocean on Earth. In a new study in the journal Science, space agency researchers say they compared the ratio of two different types of water found in the Martian
Crystal Cruises has been sold for $550 million to the owner of Asia's largest cruise line and a major shareholder of Norwegian Cruise Line. Crystal's parent company, Nippon Yusen Kabushiki Kaisha has sold the line to Genting Hong Kong, which owns Star Cruises
Vessel sales for February 2015 - (as of March 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - - (Age) - Price in Millions USD Bulk Carriers 02/10 - KEN KOKU - 23,647 - 96 - (19) - $4.2
Star Bulk Carriers Corp. took delivery on February 27 of M/V Honey Badger (ex HN NE 164) and M/V Wolverine (ex HN NE 165), two 61,000 dwt Ultramax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. (NACKS). The new vessels are the first two of four similar vessels ordered at NACKS
Her Majesty The Queen, accompanied by His Royal Highness The Duke of Edinburgh, will name the new P&O Cruises vessel Britannia in Southampton on March 10, 2015, P&O Cruises announced. The naming will be a milestone in British maritime history and will be an event of great national
One doesn’t usually think about cranes when talking about dredging, but cranes form a big part of the niche business. And, even though Indusign/E-Crane Worldwide has over 200 cranes in operation since Lieven Bauwens and Geert Watteeuw partnered up over 20 years ago
Soon after China identified Malaysia's Malacca as part of its 21st Century Maritime Silk Route economic belt (MSR), an international shipping port is being planned for the state. The existing port in Malacca would be expanded to meet international standards
Lowrance announced the upcoming software update for the HDS Gen3 fishfinder/chartplotter series — enabling wireless compatibility with the complete line of C-Monster compatible Power-Pole products. These efficient hydraulic anchors and all-electric Micro Anchor products quickly and
The U.S. Coast Guard has rescued an Australian fishing vessel carrying 26 people that had been stranded in icy Antarctic seas since last week, the Coast Guard said on Tuesday. The crew was saved on Sunday by the Coast Guard cutter Polar Star
A U.S. Coast Guard crew is en route to assist a 207-foot fishing vessel with 26 people aboard beset in ice approximately 900 miles northeast of McMurdo Sound, Antarctica. The crew of the Coast Guard Cutter Polar Star is attempting to reach the crew of an Australian-flagged fishing vessel
L-3 Marine Systems International (L-3 MSI) has announced that it has been awarded a contract to provide its latest NACOS Platinum series aboard two new 150,000-gross-ton cruise ships for Star Cruises. Built by MEYER WERFT at its Papenburg shipyard in northern Germany
A U.S. Coast Guard cutter has been diverted from its path to rescue a 207-foot fishing vessel stuck in Antarctic ice, the US Coast Guard announced in a press release today. Antarctic Chieftain, an Australian-flagged fishing vessel with 27 passengers
A 23,445-ton nuclear-powered icebreaker Yamal has embarked on a journey through the Northern Sea Route The vessel is one of the Atomflot fleet’s five atomic icebreakers; one atomic lighter carrier, four special purpose vessels and a floating crane used to clear passages and escort
The first piece of steel was cut at MEYER WERFT in Papenburg, Germany for the construction of the first ship with the construction number S. 711 for Asian operator Star Cruises. Tan Sri Lim, Chairman of Star Cruises, pushed the button of the plasma torch as the first plate of steel was
Five dry bulk shipping firms, including shipping tycoon John Fredriksen's Golden Ocean will form a new venture to coordinate chartering services, hoping to reduce costs in a fragmented market, the firms said in a joint statement. The firms, including Golden Ocean, Bocimar International, CTM