Genco to Sign Time Charter for Newly Acquired Vessels
Genco Shipping & Trading Limited announced that it has reached an agreement to enter into a time charter for two vessels it has recently agreed to acquire. The Genco Constantineā¦
MC Shipping Shareholders Approve Merger
MC Shipping Inc. announced that, at a special meeting of shareholders held today, its shareholders approved the merger agreement pursuant to which Mast Acquisition Ltd.ā¦
ACL CFO to Leave Company
American Commercial Lines Inc. (ACL) announced that its Chief Financial Officer, Christopher A. Black, has informed the board of directors that he plans on leavingā¦
Ribcraft Becomes NMMA Certified
Ribcraft has received National Marine Manufactures Association (NMMA) Certification for its professional grade line of recreational boats. While all boats in theā¦
OTE Debuts in Providence
The inaugural OceanTech Expo (OTE) debuted today at the Rhode Island Convention Center. The industry-led expo, slated for September 5-7, will showcase new equipmentā¦
Hornblower to Offer New Ferry Service in Honolulu
Hornblower Marine Services announced a new option for Honolulu commuters- āTheBoat.ā Beginning September 17, Hornblower Marine Services (HMS) will operate passengerā¦
Ground Breaking for Manufacturing Plant Held in South Korea
A ceremony for the ground breaking for a new manufacturing plant for Wärtsilä 50DF dual-fuel engines was held at the Yeongam, South Korea site. The project is aā¦
Lion Group to Study Steel Mill
According to reports, Malaysian conglomerate Lion Group is considering plans to build a $7b steel mill in Vietnam as part of its regional expansion. A Lion Groupā¦
Aker Kvaerner Partners with Falck Nutec
Global construction and engineering services group Aker Kvaerner has entered into a partnership with offshore training provider Falck Nutec. Falck Nutec has openedā¦
Carnival and Orizonia Finalize New Spanish Cruise Operation
multi-ship cruise brand serving the Spanish market. percent. and is expected to be accretive to results in 2008. Carnival group. Cruise Lines' fleet, will be transferredā¦
MarAd Issues Advisor on Naval Control of Shipping Exercise
The US Maritime Administration (MarAd) issued an advisory notifying operators of U.S.-flag and effective U.S.-controlled vessels that a multi-national Naval Controlā¦
Oceanteam Acquires Stake in new Subsea Services Company
Oceanteam Power & Umbilical ASA announced has signed a Heads of Agreement to acquire 60 percent of a new Subsea Services company against investment within the company.
Shell and PetroChina in Supply Deal for Gorgon LNG
Shell Eastern LNG (Shell) and PetroChina International Company Limited (PetroChina) have concluded a binding Heads of Agreement (HOA) for the long-term supply ofā¦
Seahawk 2007 Strengthens Navy, Coast Guard Maritime Security Team
Members of the Mobile Security Squadron 3 visit, board, search and seizure team approach a vessel they will be boarding as part of exercise Seahawk 2007. Seahawkā¦