Thursday, May 22, 2008 Maritime News

Genco Shipping Cuts Public Offer Size

May 22, 2008

Genco Shipping & Trading Ltd. said it has cut the size of its primary and secondary public offering to about 3.7 million shares from 6.3 million, and has priced the offers at $75.

Admiral Allen Unveils Marine Safety Performance Plan

May 22, 2008

U.S. Coast Guard Commandant, Adm. Thad Allen, will unveil the Coast Guard's Marine Safety Performance Plan during a speech to members of 's maritime industry. 

Mariner Delivers ABS Classed Ocean-Going Tug

May 22, 2008

Mariner, LLC has just delivered a new 88-ft. fully ABS classed ocean-going tug.  This is the second 88-ft. tugboat built for Smith Marine Towing, Similar equipment

DSM Gets Favorable Judgment in Trademark Lawsuit

May 22, 2008

The United States District Court for the Northern District of Texas concluded a judgment for patent and trademark infringement and related claims against Armor , on April 22, 2008.

BV Fleet Tops 8,000 Ships

May 22, 2008

Bureau Veritas has topped 8,000 ships in its classed fleet, which now totals over 60m gt. With the delivery of the high speed passenger ferry Superstar from Fincantieri

Eurofin Brokers Turkish Ship Finance Loan

May 22, 2008

Eurofin brought together the five European banks which have syndicated a $440m facility to Istanbul-based Kiran Holdings. It is the largest ever ship finance loan made to a Turkish shipping company.

SOCAR Acquires 65 Percent of Stake in Shipbuilding Factory

May 22, 2008

Within the visit of Prime Minister Han Seung-soo to , Memorandum on creation of Caspian Shipbuilding Factory was signed. State Oil Company of Azerbaijan Republic

This Day in Naval History - May 22

May 22, 2008

From the Navy News Service 1882 - Commodore Shufeldt signs commerce treaty opening to trade. 1958 - Naval aircraft F4D-1 Sky Ray sets five world speed-to-climb records, May 22-23.

Schat-Harding Opens Guangzhou Service Station

May 22, 2008

Booming demand for lifeboat and davit servicing in China has led leading lifeboat and davit manufacturer Schat-Harding to open a third Chinese service station,

Hellespont Announces Management Changes

May 22, 2008

The Hellespont Group has promoted Spyros Vlassopoulos, formerly managing director of Hellespont Hammonia GmbH & Co to be Director responsible for Chartering and

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