MMS Issues Environmental Impact Statement
The Minerals Management Service (MMS) issued a notice stating that it prepared a final programmatic environmental impact statement in support of establishment of…
FreeSeas Inc. Takes Delivery of the Handysize Free Goddess
FreeSeas Inc. (Nasdaq:FREE) (Nasdaq:FREEW) (Nasdaq:FREEZ), a provider of seaborne transportation for drybulk cargoes, announced that it has taken delivery of the 1995-built…
New York Water Taxi Orders Fifth Incat
Gladding-Hearn Shipbuilding, Duclos Corporation, has taken another order for a high-speed water taxi from New York City-based New York Water Taxi. Delivery is scheduled for July 2008.
Electric Boat Corp. Wins $65.5M Navy Contract
Electric Boat Corp., Groton, Conn., is being awarded a $65.5m modification under previously awarded contract for Consolidated Design Agent, Planning Yard, engineering…
Dryships Reports 3Q Results
DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes, announced its unaudited financial and operating results for…
DCNS Signs Agreement for Russian Submarines
French shipbuilding company DCNS has signed a contract with Russian shipbuilding science and research institute, providing technological cooperation in submarine design.
Lake Ferry Services Suspended for Maintenance
After four years of heavy summer use on Lake Michigan, the Lake Express high-speed ferry ended service early this fall for regularly scheduled maintenance in Sturgeon Bay, Wis.
Sumitomo Mitsui to Double Overseas Banking Staff
According to a Bloomberg report, Sumitomo Mitsui Financial Group Inc. will double its overseas banking staff that works on financing for ship construction, as Japan's…
Chemoil Reports 3Q Results
SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI) announced its financial results for the 3rd quarter of the 2007 financial year. Revenue showed a growth of 31.2 per…
Aker Yards Announces 3Q Results
Aker Yards ASA reported an EBITDA result of $37.83m for the third quarter of 2007, compared to $57.5m in the corresponding quarter of 2006. The fast growth in the heated environment has…
Dobson Fleet Management Chooses Blue Ocean Wireless
Blue Ocean Wireless (“BOW”), an Irish company delivering GSM communication capability for the merchant maritime sector, announced that it has been chosen by Dobson…
Holland America Line's to Name New Ship in Rotterdam
Holland America Line will hold the official naming ceremony for it's first Signature-class ship, ms Eurodam, July 1, 2008, in Rotterdam, the city where the 135-year-old Dutch company was founded.
Satamatics Launches New Version of Ocean Alert Tracking System
Satamatics, the global provider of satellite telematics, asset tracking and monitoring services, has announced the launch of the Ocean Alert MKIII, satellite tracking unit for maritime applications.
Mexico Flooding Impacts Oil Industry
Although onshore oil fields in and around flood-ravaged Tabasco state escaped major damage, some of the people working at those wells have been left in the lurch.
Siba Ships Sets Livestock Record
SIBA Ships has set a new record for livestock shipment, moving 22,100 steers and heifers from Darwin, Australia to Jakarta and Panjang, Indonesia in one shipment aboard the MV Deneb Prima.
Tacoma Port Workers Sign up for Security Credential
Port workers, longshoremen, truckers and others at the Port of Tacoma, will soon become the first in the region to enroll in the Department of Homeland Security's…
Maritime Administrator and SeaRiver Maritime Sign Agreement
Maritime Administrator Sean T. Connaughton and Will Jenkins, president of SeaRiver Maritime, Inc., today signed an agreement that will open up international experience…
FreeSeas Inc. Announces Exercise and Closing of Over-Allotment Option
FreeSeas Inc. (Nasdaq:FREE) (Nasdaq:FREEW) (Nasdaq:FREEZ), a provider of seaborne transportation for drybulk cargoes, announced that the underwriters of its recent public offering of 11…
Hapag-Lloyd Names New Mega Containership
The Hanover Express, which is capable of carrying 8,750 containers, is one of the world’s largest containerships. The newbuilding was recently named in Hamburg.
Greatbatch Announces Agreement to Acquire EAC
Greatbatch, Inc. (NYSE:GB) announced that its subsidiary, Electrochem Commercial Power, signed a definitive asset purchase agreement to acquire Engineered Assemblies…