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Oceanfreight Inc

OceanFreight Inc. Announces Date for the Release of Third Quarter Results

OceanFreight Inc. (NASDAQ: OCNF), a NASDAQ listed bulk shipping company announced that it will release its results for the third quarter period ended September 30, 2007 after the close of the market in New York on Wednesday, October 24, 2007. The declaration of the Company’s dividend for the third quarter of 2007 will also be announced at that time. On Thursday, October 25, 2007 at 8:00 A.M. EDT, the Company’s management will host a conference call to discuss the results.


DryShips and OceanFreight Complete Merger

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DryShips Inc. (NASDAQ: DRYS) and OceanFreight Inc. (NASDAQ: OCNF) announced today that following approval by OceanFreight's shareholders at a special meeting, the companies have completed the merger and OceanFreight has become a wholly-owned subsidiary of DryShips. Under the terms of the merger agreement, OceanFreight shareholders will be entitled to receive $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc


Gilman Named DMT Chairman of the Board

Deep Marine Technology, Inc. announced the election of Bruce C. Gilman to Chairman of the Board. A businessman with CEO level management expertise, Gilman’s four decade Subsea Career is highlighted with professional accomplishments such as President of both Perry Offshore & Oceaneering International Inc.; President and Founder of Sonat Subsea Services; President, CEO & Director of Sonsub Inc., and Chairman and President of Saipem Inc., the US Subsidiary of Saipem SpA.


Woodland Support Cycling Submariners

Woodland International Transport got on its bike to sponsor a team of engineering undergraduates by shipping their pedal-powered submarine to and from the United States. Inspired by penguins' swimming technique, the University of Bath students created a submarine called the SeaBomb, powered by a pilot who pedals on a machine similar to an exercise bike. Woodland shipped the vessel to the USA where it participated in the 9th International Submarine Races


OceanFreight Inc. New Charter

OceanFreight Inc. (NASDAQ: OCNF), a global provider of seaborne transportation services for both drybulk and energy commodities, announced a new charter for the recently acquired 180,000DWT, 2005 built capesize vessel. Upon delivery, the vessel will be renamed M/V Montecristo and will commence employment on a time charter for a minimum period of four years at a gross rate of $23,500 per day and a maximum of eight years at an average gross rate of $24,125 per day for the optional period.


CEVA Holdings 2Q, 2014 Results

  CEVA Holdings LLC, one of the world’s leading non‐asset based supply chain management companies, today reported results for the three months ended 30 June 2014.   Xavier Urbain, CEO of CEVA, said, “Our performance improvement coupled with the strong increase in our new business pipeline points to the company being on the right track for growth. Since joining CEVA in January, I have focused on strengthening the executive management team


Keppel Philippines Appoints New Execs.

Keppel Corporation Ltd.'s Group Finance Director, Teo Soon Hoe has been appointed Chairman of Keppel Philippines Holdings, Inc (KPH), following the retirement of Loh Wing Siew. Charles Foo, who currently serves as the managing director of Keppel Hitachi Zosen, will assume Loh's post as Chairman of Keppel Philippines Marine, Inc (KPMI) and Subic Shipyard and Engineering Inc (SSEI). Kevin Wong, who is the executive director and managing director of Keppel Land Limited (Keppel Land) in


OSMA Elects New Officers

The Offshore Marine Service Association (OMSA) has elected Andy Brauninger, president of Seabulk Offshore, Ltd., as chairman of the board and Milton Rose, president of SEACOR Marine, Inc., has been elected vice-chairman of the association. OMSA’s new secretary/treasurer is Minor Cheramie, Jr., president of L&M Botruc Rentals, Inc. Also elected to the OMSA board of directors are: Van C. De Witt, vice-president and COO of Sea Mar Management, Inc


Lloyd's Register New Regional HQ, Houston

Lloyd’s Register Americas, Inc. has moved its Houston-area operations to a new regional headquarters to capitalise on the growing opportunities arising from the new regulatory regime in the Gulf, a thriving merchant marine business and concerns about global warming.   The move, which has consolidated five separate businesses under one roof, responded to greater market demand for integrated technical solutions in the increasingly interdependent and complex marine and energy sectors


Free Research Reports on Selected Companies by Analysts' Corner

Analysts' Corner release new research reports highlighting Trinity Industries, Inc., Nordic American Tankers Limited ), J.B. Hunt Transport Services, Inc., SEACOR Holdings, Inc.), and DryShips Inc. Readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Trinity Industries, Inc. Research Report Available at: [http://www.analystscorner.com/r/full_research_report/39ee_TRN ]


ICTSI Subic on Growth Path

Photo:  ICTSI

 International Container Terminal Services, Inc.’s (ICTSI) new Container Freight Station (CFS) at the Subic Bay Freeport is at the forefront of ensuring the faster movement of goods in the Northern and Central Luzon markets.   


Odfjell Acquires Five Chemical Tankers

CTG Bismuth (Photo: Odfjell SE)

Odfjell SE informs it has signed a final agreement to acquire five chemical tanker newbuilds from Chemical Transportation Group, Inc (CTG) and form a pool of 15 chemical tankers.   The transaction has been signed and completed, Odfjell said


AHHI Insures 1,900 Vessels in First Year

Photo: American Hellenic Hull Insurance

 Cyprus-based American Hellenic Hull Insurance (AHHI) surpassed key targets during its first year of operation: 1,900 insured vessels, written premium income exceeded $10 million and covered 35 million GT on 100% basis, said a press statement.  


Marine Jet Power, Horizon Ink Sales & Service Pact

Marine Jet Power, Inc. (MJP) and Horizon Shipbuilding, Inc. (Horizon) announced that they have signed an agreement for Horizon to become the newest sales and service provider in the Gulf of Mexico.   The Master Sales and Service Agreement names Horizon as an authorized retailer and service


NYK, Kyushu Electric Power Partner on LNG Transport

Grace Barleria (Photo: NYK)

Japanese firms NYK and Kyushu Electric Power Co. Inc. say they have reached an agreement to partner in various fields, including liquefied natural gas (LNG) transport.  According to NYK, the agreement will allow Kyushu Electric Power to use vessels from the shipping company’s fleet


Eastern Delivers Fourth Towboat to IWL River

(Photo: Eastern Shipbuilding Group)

Eastern Shipbuilding Group, Inc. said it has delivered the last of four newly built inland river towboats to IWL River, Inc., one of the builder’s newest clients.   The four new towboats – Impala Soledad, Impala Salgar, Impala Mompox and Impala Cantagallo – will service


DryShips VLGC Commences Time Charter

DryShips Inc., an owner of ocean going cargo vessels, announced that on June 29, 2017, its first very large gas carrier (VLGC) commenced its time charter on a fixed rate with five years firm duration to an oil major.   The charterer has options to extend the firm employment period by up to


Dan-Bunkering Appoints Jensen as Managing Director

Photo: Dan-Bunkering

Dan-Bunkering (America) Inc. has announced the promotion of Jim Jensen to the position of managing director as of July 1, 2017.   Jensen initially started with Dan-Bunkering as a bunker trader at its Copenhagen office in 2008 and relocated to Houston in 2012 at the same time as the


Dryships Time Charter Contract for Newcastlemax Vessels

Image: DryShips Inc

 DryShips Inc., a diversified owner of ocean going cargo vessels, announced that it has entered into a time charter with a major coal and steel trader for its fourth and last of its 206,000 dwt Newcastlemax drybulk vessels.   The contract has a duration of about one year


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.  


MSHS Named FPT's North America Distributor

FPT North America announced an exclusive partnership with marine distributor Motor-Services Hugo Stamp, Inc. (MSHS), an FPT distributor partner since 2005.   FPT awarded MSHS the North American territory, which includes all of the U.S., Canada and Mexico


Rendall Joins The Shearer Group

Ryan Randall (Photo: TSGI)

Naval architect Ryan Rendall has joined the naval architecture, marine engineering and marine surveying firm The Shearer Group, Inc. (TSGI).   Prior to joining TSGI, Rendall worked for Metal Shark Boats as a naval architect and marine engineer. He received a B.S


Rucker Named President of Tideworks

Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that Thomas J. “T.J.” Rucker will assume the role of president effective September 1, 2017, succeeding retiring president Michael Schwank


Schneider Joins FarSounder Board

John Schneider (Photo: FarSounder)

Cruise ship marine operations expert John Schneider is joining the board of directors at FarSounder, Inc.  Over the last 12 years, Schneider has worked in the cruise ship segment of the marine industry as fuel and energy optimization manager (Royal Caribbean and Celebrity Cruises)


MobileOps Inks Deal with Westar Marine Services

Image: MobileOps

MobileOps, Inc. said it has signed a deal with Westar Marine Services, a tug and barge operator headquartered in San Fransisco with operations in Seattle and all along the West Coast.   Westar will utilize the MobileOps Platform across its fleet of tugs and crew boats to further bolster its






 
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