Shelf Registration

OSG Announces Sale of DHT Shares

Overseas Shipholding Group, Inc. announced the sale of 4,600,000 shares of common stock of Double Hull Tankers, Inc. in a registered public offering underwritten by Merrill Lynch & Co. OSG expects to recognize a gain from the transaction of approximately $15 million in the first quarter of 2007. After completion of the sale, OSG's beneficial ownership of DHT's common stock will be reduced from approximately 44.50% or 13,351,500 shares, to approximately 29.17%, or 8,751,500 shares. This sale was made pursuant to DHT's existing shelf registration statement. DHT will not receive any proceeds from this sale of its common stock.

OSG, DHT Announce Exercise of Overallotment Option

Overseas Shipholding Group, Inc. (OSG) and Double Hull Tankers, Inc. (DHT) announced that Merrill Lynch & Co. and UBS Investment Bank have exercised their option to purchase 750,000 shares of common stock of DHT. OSG granted the underwriters the 30-day option to purchase up to an additional 750,000 shares of common stock for the purpose of covering overallotments in connection with its previously announced offering of 5,000,000 shares of common stock of DHT

Safe Bulkers Announces Public Offering

Athens, Greece, April 11, 2011 – Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it plans to offer 5,000,000 shares of its common stock to the public (the “Public Offering”). In connection with the Public Offering, the Company intends to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock.

Sea Containers Report 4Q Results

Sea Containers Ltd. marine container lessor, passenger and freight transport operator and leisure industry investor, said today that it has received a number of inquiries about the recent fall in the company's common share price. James B. Sherwood, president, said that he was mystified because the company had an excellent fourth quarter in 2002 and its earnings for the year will be significantly higher than the $27.9 million ($1

Star Bulk FFA Transactions, Private Placement

Star Bulk Carriers Corp. (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes announced that the company has sold contracts in the Freight Forward Agreement ("FFA") market on the Capesize index for Calendar 2009 for a total of 360 calendar days with an average rate of approximately $19,900 per day. The Capesize index refers to a modern Capesize dry bulk carrier. The contracts are intended to serve as an approximate hedge for one of the

ClassNK Registers 25 Million Gross Tons in 2012

Sets New Records for Newbuildings & Class Transfers   Classification society ClassNK has announced its official registration figures for 2012, revealing that the Tokyo-based society registered nearly a thousand vessels totaling more than 25 million gross tons in 2012. The announcement was made on 28 January 2013 following the January meeting of the ClassNK Classification Committee, which reviews and certifies all registrations and certifications made to the ClassNK register.

Registration Opens November 1st for CBP Trade Symposium

U.S. Customs and Border Protection will hold its annual trade symposium on December 13-15 at the Ronald Reagan Building and International Trade Center in Washington DC. Registration will open on Wednesday, November 1. The registration fee is $250. Registration must be made on-line at CBP website and must be confirmed with payment by credit card only. The theme for the trade symposium is "The World of Trade – 5 Years After 9/11

EPA Approves Lonza’s Copper Omadine

Lonza is pleased to announce it has received a registration from the U.S. EPA for the use of its copper Omadine Antimicrobial as an agent to deter the growth of algae and other foulants on ships.    The registration covers the product’s use in marine hull paints that are applied by licensed applicators on U.S. vessels that are 25 or more meters in length.    “This registration means our customers can now provide their latest antifouling paint technology in

American Superconductor Files Public Offering Registration Statement

American Superconductor Corporation (AMSC), has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 4,000,000 shares of its common stock. The lead underwriter for the offering will be Needham & Company, Inc. The offering will include an option for the underwriters to purchase up to an additional 600,000 shares to cover over-allotments, if any.

First Class Navigation Corporation Corrects Ownership Information

On January 9, 2008, First Class Navigation Corporation, a Marshall Islands corporation, filed a registration statement on Form F-1 with the United States Securities and Exchange Commission. On January 11, 2008, it was reported that First Class Navigation's filing with the SEC and inaccurately stated that Elmira Shipping & Trading was the sponsor of First Class Navigation. Although Dimitris Souravlas and Georgios Souravlas are