News


MAN Diesel Seattle Facility Opens

MAN Diesel celebrated the official opening of its newest service centre in Seattle, Washington on 27 October to further expand its PrimeServ network in North America. The Grand Opening of MAN Diesel PrimeServ Seattle took place in front of more than 100 customers,

Star Bulk Carriers Declares Dividend

Star Bulk Carriers Corp. (NASDAQ: SBLK), announced that its Board of Directors declared a cash dividend of $0.05 per outstanding share of the company's common stock for the three months ending September 30, 2009.

Euroseas Nine Months, Quarter Ended Report

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced its results for the three and nine month periods ended September 30, 2009.

Transocean Ultra-Deepwater Drillship Contract

Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Discoverer Americas has commenced operations in the U.S. Gulf of Mexico for Statoil Gulf of Mexico, a subsidiary of Statoil ASA, under a four-year drilling contract.

This Day in Coast Guard History – Nov. 17

1950-A dedication of the monument erected in Arlington National Cemetery on the gravesite of those who lost their lives on the night of 29 January 1945, when USS Serpens was destroyed off Lunga Beach, Guadalcanal.

This Day in Naval History – Nov. 17

1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies. 1856 - Barrier Forts reduction began at Canton China.

Guidance on Compliance with ITAR

The U.S. Coast Guard issued an updated advisory concerning the placement of firearms on U.S. vessels to defend against or deter pirate attacks in high-risk waters. The advisory summarizes issues related to compliance with the International Traffic in Arms Regulations (ITAR),

Two Oil Tankers Impounded

According to a Nov. 14 report from New Straits Times, Malaysian Maritime Enforcement Agency southern region enforcement officers impounded two Singaporean-owned cargo tankers and detained 21 crew members for illegally transferring fuel between the vessels on Wednesday, Nov.

Stolt-Nielsen S.A. Interim Dividend

Stolt-Nielsen S.A. (OsloBørs: SNI) announced that the company's Board of Directors approved the payment of an interim dividend of $0.50 per Common Share on December 9, 2009 to shareholders of record as of November 25, 2009.

ABS Elects Corporate Officers

The ABS Board of Directors has elected two senior executives of the classification society to the position of Corporate Officers. Mark A. McGrath currently serving in the appointed role of President and Chief Operating Officer of the ABS Pacific Division and Kenneth L.

ABS Named Best Regional Class Society

ABS was named Best Classification Society during the recent Lloyd’s List Middle East & Indian Subcontinent Awards held in Dubai. The award ceremony is one of six regional events hosted by the industry’s daily newspaper to benchmark excellence within the maritime industry.

Central GOM Lease Sale

Secretary of the Interior Ken Salazar announced the Department will hold an oil and natural gas lease sale for the Central Gulf of Mexico Outer Continental Shelf that will offer nearly 36 million acres and could produce up to 1.