Marine link
 

GLOBAL MARINE TRANSPORTATION

Omega Navigation 1Q 2007 Results

Omega Navigation Enterprises, Inc. , a provider of global marine transportation services focusing on product tankers announced its unaudited financial and operational results for the first quarter ended March 31, 2007. The Company had previously announced the declaration of its quarterly cash dividend with respect to the first quarter of 2007 of $0.50 per share payable on May 31, 2007 to stockholders of record on May 21, 2007.


Omega Declares Quarterly Cash Dividend

Omega Navigation Enterprises, Inc. a provider of global marine transportation services focusing on product tankers announced today that its Board of Directors declared a quarterly cash dividend with respect to the second quarter of 2007 of $0.50 per common share, payable August 31, 2007 to stockholders of record on August 17, 2007.


Eagle Bulk Shipping Takes Delivery of Supramax Drybulk Vessel

Eagle Bulk Shipping, Inc., a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry,announced that it has taken delivery of the Shrike, a 2003 built 53,343 dwt Supramax dry bulk vessel. The Shrike was acquired as part of a three vessel transaction announced on February 28, 2007. The Shrike will immediately commence a 24-27 month charter at a rate of $24,600/day. The charterer has an option to extend the charter period by 12-14 months at a


Omega Navigation Enterprises Declares Cash Dividend

Omega Navigation Enterprises, Inc. (NASDAQ:ONAV, SGX:ONAV50), a provider of global marine transportation services focusing on product tankers announced that its Board of Directors declared a quarterly cash dividend with respect to the third quarter of 2007 of $0.50 per common share, payable November 30, 2007 to stockholders of record on November 15, 2007. The company recently announced the signing of shipbuilding contracts to construct and acquire five newbuilding double hull Handymax


News: Signet Martime Inks Garrett Contract

Signet Maritime Corp. and Garrett Marine, Inc. executed agreements August 29, 2003, for charter and purchase of Garrett's Aransas tug business, finalizing plans that originated in 2002 to expand Signet's presence in the Aransas Pass/Ingleside region. The Garrett family, which has been serving marine tug needs in Texas for almost 50 years, agreed to terms for handing over responsibility for tug operations to Signet for marine and construction firms in the Aransas Pass/Ingleside region.


Cenac Towing Acquires Main Iron Works, Christens New Tug

Cenacs 72’x30’, Tier 3 compliant innovative push boat

Cenac Towing Company (Cenac Towing), a third-generation owned global marine transportation company, announced continued growth despite the oil and gas industry’s downturn.   Recently, Cenac Towing acquired Main Iron Works, a tug construction company, and this week, Cenac Towing will christen its brand new 2000 Hp Twin Screw Conventional Tug, The Jean Pierre Cenac. The innovative marine transportation company, run by industry veteran Arlen “Benny” Cenac


Megacore Shipping New Product Tankers

Omega Navigation Enterprises, Inc. (NASDAQ:ONAV, SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced that it has formed an equal partnership (50/50) joint venture company with Topley Corporation, a wholly owned subsidiary of Glencore International AG (Glencore). The name of the joint venture company is Megacore Shipping Ltd. Companies owned by Omega and the Glencore group have novated their respective original shipbuilding contracts


Omega Navigation, Capital Injection by Founder & CEO

Omega Navigation Enterprises, Inc. (NASDAQ: ONAV, SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced that it agreed to a capital infusion of $5.25m through a loan by its founder, CEO and largest shareholder, George Kassiotis. The capital infusion will be made through a company owned and controlled by George Kassiotis in the form of a secured convertible promissory note which, under certain circumstances and at the option of the holder


USMMA Announces 2013 Commencement Speaker

Gen. William Fraser III, Commander, U.S. Transportation Command

The U.S. Merchant Marine Academy (USMMA) today announced that Gen. William M. Fraser III, Commander, U.S. Transportation Command (USTRANSCOM), has been chosen as this year's commencement speaker to be held at USMMA on Monday, June 17, 2013.   “The United States Merchant Marine Academy is honored to have General Fraser as our commencement speaker. He epitomizes the ideals of our Academy.  He is an outstanding role-model for our graduates who are about to embark on a lifetime


Post Appointed COO of Radio Holland

Maarten Post (Photo: Radio Holland Group)

Maarten Post has been appointed Chief Operating Officer (COO) and member of the General Management Team of the Radio Holland Group. He is responsible for the management of the global operations of the Radio Holland Group and further building the global service network.   Within RH Marine Group over the past years, Post has had several managerial positions, among others Managing Director of Elkon (Turkey) and Imtech Marine Canada


Canada Extends St. Lawrence Seaway Agreement

Canadian transport minister Marc Garneau announced a five-year extension to the Government of Canada’s agreement with the St. Lawrence Seaway Management Corporation to manage, maintain and operate the Seaway. This extends the existing agreement until March 31, 2023


Bourque Joins Sea Machines

(Photo: Sea Machines)

Following a recent capital investment and the growing global interest from the marine sector, Sea Machines Robotics said it has been expanding its crew and is poised for further growth, expecting to deliver first generation systems to marine customers this summer.  


Keppel, Sembcorp Merger on the Cards ?

Photo: Sembcorp Industries

 A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might be on the cards, report local media quoting the Development Bank of Singapore (DBS).   DBS said that with orders at a trough and expectations for only a


Shaver Transportation Selects Rapp Marine Winch Package

Photo: Rapp Marine

Shaver Transportation of Portland, OR, operating vessels within the Columbia River region of the Pacific Northwest for over a hundred years, has selected Rapp Marine as the supplier of the two heavy-duty load handling winches on their latest tugboat.  


Regulatory Growth Drives Search for Durable Lubricants

Photo: RSC Bio Solutions

Using HEPR solutions satisfies regulatory compliance, sustainability initiatives and performance demands.   There are numerous factors that are driving global environmental regulatory growth and the growth in renewable lubricant technologies, such as natural resource constraints


ExxonMobil Joins with Eagle LNG, Crowley on LNG Marine Fueling

Image: Crowley

 ExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe


LNG Marine Fuel Institute Launched in Canberra

ToPH CEO David Pentz and Mayor Camilo Blanco with Richard Sandover from Jackson McDonald and Mike Utsler, Chief Operating Officer for Woodside Energy. (Photo: Town of Port Hedland)

Port Hedland Mayor, Camilo Blanco, and the Town of Port Hedland’s CEO, David Pentz, attended the launch of the LNG Marine Fuel Institute at Parliament House, Canberra on Wednesday, June 21.   The Institute, which was opened by The Honorable Josh Frydenberg MP


Aspin Kemp, MAN Diesel & Turbo Finalize Partnership

Photo of Jason Aspin - AKA, Wayne Jones - MAN Diesel & Turbo and H. Wade MacLauchlan - Honorable Premier of Prince Edward Island courtesy of Brian Simpson/Gov of PEI. Photo of closing ceremony agenda courtesy of David Rashed.

Canadian engineering firm Aspin Kemp and Associates Inc. (AKA) and German based engine and turbomachinery market leader MAN Diesel & Turbo SE have finalized an agreement between the two companies whereby MAN Diesel & Turbo steps in as a 40 percent shareholder in AKA.  


CSSC Launches New Marine Service Business

China State Shipbuilding Corporation (CSSC) said it has formally launched a new business CSSC Marine Service Co., Ltd, to coincide with the inauguration of its new logistics center within the Yangshang free trade zone, Shanghai.   The inauguration was marked with a ceremony on June 30, 2017


BIMCO Names Philip Tinsley as Head Of Maritime Security

Philip Tinsley. Photo: BIMCO

 BIMCO has appointed Philip Tinsley as its new Head of Maritime Security.  Tinsley joined the association in 2015 and assumes his new position after the sad and untimely death of his colleague, Giles Noakes, earlier this year.  


WMU signs MoU with MLS, New Wave Media for Global Survey

(From Left) Associate Professor, Michael Manuel, WMU; Mr Greg Trauthwein, Vice-President, New Wave Media; Dr. Cleopatra Doumbia-Henry, President, WMU; Mr Murray Goldberg, CEO, Marine Learning Systems, President of WMU, Dr. Cleopatra Doumbia-Henry, the CEO of Marine Learning Systems, Mr Murray Goldberg, and the Vice-President of New Wave Media, Mr Greg Trauthwein, signed a Memorandum of Understanding (MoU) on 29 June at WMU in Malmö, Sweden. (Photo: WMU)

The MoU establishes a partnership between the three organizations to conduct recurring global surveys on seafarer training practices in industry and sets out the guiding principles and terms by which WMU, Marine Learning Systems and New Wave Media will conduct these surveys as well as publicize


Campbell Acquires ACBL Assets

Marine services company Campbell Transportation Company, Inc. (CTC) said it has completed the acquisition of certain affreightment contracts along with 155 barges and four towboats from American Commercial Barge Line LLC that will operate on the Ohio River system.  


IMS Announces New Client: Campbell Transportation

Dave Hammond (Photo: IMS)

U.S. inland vessel management company Inland Marine Service (IMS) said it has taken on Campbell Transportation Company as its latest client.   A fully integrated marine services company, Campbell is currently undergoing an acquisition with American Commercial Barge Line


Marsol Signs Two-Year OOCEP Contract

Photo: Marsol International

Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has signed a two years contract with Oman Oil Company Exploration & Production LLC (OOCEP) for the provision and management of the marine and offshore


Ports Firm YKIP Joins SEA/LNG Coalition

Courtesy of Yokohama - Port & Harbor Bureau

SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has announced Yokohama-Kawasaki International Port Corporation (YKIP) as its latest member.   Representing the Japanese ports of Yokohama and Kawasaki






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright