Wednesday, May 21, 2008 Maritime News

Hurlock Resigns from Stolt-Nielsen Board

May 21, 2008

Stolt-Nielsen S.A. (Oslo Børs: SNI) announced that James B. Hurlock has resigned as a Director of the Company, effective immediately. Jacob Stolt-Nielsen, Chairman of Stolt-Nielsen S.

Scrapping Ships: is the EU Dumping Toxic Waste?

May 21, 2008

Ship breaking in Alang, India. Workers face oil, asbestos and chemicals Hundreds of rusting old ships registered in the European Union end up being dismantled

Deep Down Reports Results

May 21, 2008

Deep Down, Inc. announced unaudited results for the first quarter ended March 31, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission. Deep Down generated revenue of $6,

Ship Finance to Acquire Drillship

May 21, 2008

Ship Finance International Limited announced that it has entered into an agreement to acquire the newbuilding ultra-deepwater drillship West Polaris, from a subsidiary of Seadrill Limited.

Stauffer, Learmonth Promoted at ESAB

May 21, 2008

ESAB Welding & Cutting Products named Greg Stauffer to the position of vice president of Sales Support, effective October 15, 2007. Mr. Stauffer will oversee all sales support,

Hapag-Lloyd Improves Service between Asia and Mexico

May 21, 2008

Hapag-Lloyd will expand the weekly Asia- Mexico Express Service (AME) to two weekly services with slightly different rotations from mid-June. This will give customers

GE Security to Submit CommerceGuard for Test and Evaluation by CBP

May 21, 2008

GE Security, Inc.,  announced plans to submit its CommerceGuard container security solution for participation in the next phase of U.S. Customs and Border Protection

Transocean Sets Depth Record

May 21, 2008

Transocean Inc. said that the its jackup GSF Rig 127 set a world record for the longest extended-reach well ever drilled at 40,320 ft. (12,289 m) MD (measured depth) with a 35,770-ft.

QinetiQ Appoints Mellors CFO

May 21, 2008

QinetiQ Group announced the appointment of David Mellors as Chief Financial Officer. It is anticipated that David will take up his new role with effect from the

Eagle Bulk Acquires 2 Ships

May 21, 2008

Eagle Bulk Shipping Inc. (Nasdaq:EGLE) today announced that it has acquired two Supramax vessels for a total price of approximately $146 million. The vessels acquired are:  The Goldeneye,

KDB to Sell Daewoo Shipbuilding

May 21, 2008

Korea Development Bank (KDB), which has been looking for a lead manager to replace Goldman Sachs, said it would sell Daewoo Shipbuilding & Marine Engineering on its own, Korea Times reported.

Britain to Sign Contract for New Aircraft Carriers

May 21, 2008

Britain is set to sign a long-awaited $7.8b deal to build two aircraft carriers, which will be the Royal Navy's largest ever ships and are set for 50 years of service.

This Day in Naval History - May 21

May 21, 2008

1850 - Washington Navy Yard begins work on first castings for the Dahlgren guns. 1917 - USS Ericsson fires first torpedo of war. 1944 - Accidental explosion on

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