Ici News

The Shearer Group, Inc. (TSGI) has announced a new addition to its naval architecture, marine engineering and marine surveying practice. Harrison Brann joined TSGI in October of 2015 as a naval architect. In 2011, Harrison graduated with a bachelor’s degree in naval architecture and marine engineering from Virginia Polytechnic Institute and State University. He has a wide range of knowledge of marine engineering specialties including ship stability, damage analysis, systems integration, ship survivability, and firefighting systems. Previously, Harrison has worked for the American Bureau of Shipping (ABS) in their ship engineering department analyzing stability calculations for engineering firms, shipyards, and vessel owners.

A group of industry professionals from the commercial maritime sector gathered in Fort Lauderdale, Fla. at 8 a.m. on February 8 to participate in Murray & Associates LLC’s 2014 Fishing Challenge. The naval architect and marine engineering group hosted the tournament for the third consecutive year as a way to gather clients and maritime business professionals for a day of fishing on Florida’s beautiful waters. In total, the tournament drew 60 participants, including representatives from…

Barry Stokes, a director of UK-based Clarkson Port Services (CPS) recently celebrated 30 years' service with the company. Barry was one of the very first CPS staff members, when, in 1983 he opened a Genchem Shipping office in Runcorn to provide vessel agency support to Genchem Chartering (ICI), British Fuels and Arklow Shipping. He built up a profitable and successful operation, integrating it with Vopak and Clarkson Brothers & Casper to further develop the UK agency representation.

Hempel USA hired Jose Luna as its new Regional Marketing Manager for the Americas. Luna has more than 13 years of experience in the paint industry, experience gained at AkzoNobel/ International Paint and ex former ICI/Devoe Coatings where he worked in several countries and roles. He has a broad range of experience, from technical service, sales, engineering and strategic marketing. Luna started his career in Panama as a Technical Service Representative, and then moved to London to be a WW Marketing Representative and was promoted after a year to become the Information Systems Manager WW Protective coatings. After two years in that position…

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. ("ICI") has now been settled with the Company receiving a major portion of the quantum of the claim .

ASNE Day 2009 takes place April 8-9, at the Gaylord National Resort & Convention Center in National Harbor, MD. The event will explore how the 21st century cooperative strategy and related maritime efforts are impacting naval engineering while answering the questions—what technical areas must be emphasized to enable and support this strategy, what are the implications for the way future naval engineers are educated and developed, and what improvements are needed in naval engineering tools and processes? •    U.S. •    U.S. What is Our Goal? •    RDML Robert L. •    RDML Joseph R. •    BGen Andrew W. Moderator: Mr. Asst. Moderator: Ms. •    Mr. Asst. Moderator: Mr. •    General Dynamics—Mr. •    Northrop Grumman Shipbuilding—Mr. •    Lockheed Martin—Mr. •    Boeing—RADM John V. Asst.

Star Bulk Carriers Corp. (Nasdaq: SBLK), a global shipping company focusing on transportation of dry bulk cargoes, announced its operating results for the third quarter and nine months ended September 30, 2008. •    The Company reported net income of $35.24 million for the third quarter of 2008 compared to net income of $0.94 million for the third quarter of 2007. •    Voyage and time charter revenues were $65.18 million for the third quarter of 2008. This figure includes revenues of $16.89 million attributable to the amortization of the fair value of below/above market acquired time charters. •    Earnings per share, basic and diluted for the third quarter of 2008 were $0.63 and $0.62, respectively.

Under the five-year contract, Alion will help the NSWCCD expand its Advanced Ship and Submarine Evaluation Tool (ASSET) and enhance the center’s Leading Edge Architecture for Prototyping Systems (LEAPS) software application. NSWCCD, a major component of the Naval Sea Systems Command (NAVSEA), is the Navy’s center of excellence for ship design and maritime technology. ASSET software is used to help the Navy evaluate ship design feasibility. LEAPS is an integrated modeling and simulation environment. Subcontractors under Alion include AMSEC, The Columbia Group, BMT Designers & Planners, , ICI Services and Science Applications International Corporation (SAIC). The work will be performed primarily in , and the period of performance runs until Aug. 6, 2013. (www.alionscience.com)

Under the related time charter agreement, ICI was obligated to pay Star Bulk a gross daily charter hire rate of $106,500 until February 2010. In turn, ICI sub-chartered the vessel for one year to Oldendorff Gmbh & Co. KG of (Oldendorff) at a gross daily charter hire rate of $130,000 until February 2009. ICI has assigned its rights and obligations under the sub-charter to Star Bulk in exchange for it being released from the remaining term of the ICI charter. Oldendorff has notified Star Bulk that it considers the assignment of the sub-charter to be an effective repudiation of the sub-charter by ICI. Star Bulk believes that the assignment is valid and that its position will prevail in this dispute.

CP Ships Limited announced a strengthened financial management structure, including new senior positions. David Auger joined CP Ships as Group Financial Controller. He previously held senior group finance positions in the UK with ICI and Invensys and also worked with PricewaterhouseCoopers. A new position, VP Business Control, has been assumed by David Nicklin, who has held a number of senior financial management positions at CP Ships. maintenance of the new SAP financial accounting processes. He will also lead the senior level task force established to review and strengthen financial controls and related business processes. Both Auger and Nicklin report to Ian Webber as does Iain Torrens, who continues to be responsible for treasury and tax functions.

Computer Sciences Corporation has won a task order from the U.S. Navy to continue its support of the Navy's Strategic Sealift program, including support for the completion and delivery of two new Large Medium-Speed Roll-On/Roll-Off (LMSR) supply ships. The task order, awarded under a contract CSC initially won with the Naval Sea Systems Command (NAVSEA) in 1991, is valued at $25 million if all options are exercised over a three-year period. The company will provide engineering and design facilities as well as professional and engineering services to support the culmination of the decade-long acquisition program for Strategic Sealift supply ships.