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Latest Ship construction Stories

2010-06-09 10:33:00

NEW LONDON, N.C., June 9 /PRNewswire/ -- Now that the weather is warm, it's the perfect time for homeowners to start thinking about sprucing up their outdoor living space. The addition of a deck is often a popular choice because it's a great way to increase outdoor living space and add value to your home, however the process can be overwhelming. In an effort to simplify the experience for customers, Fiberon, one of the leading manufacturers of composite decking, railing and fencing and...

2010-06-09 07:30:00

NEW YORK, June 9 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) announced today that it has agreed to acquire five Very Large Crude Carriers (VLCCs) built between 2002 and 2010 and two Suezmax newbuildings from companies affiliated with the Metrostar Management Corporation for an aggregate purchase price of approximately $620 million. The acquisition is subject to financing conditions and the completion of customary documentation and closing conditions. The seven...

2010-06-09 07:30:00

NEW YORK, June 9 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has agreed to acquire five 35,000 dwt Handysize vessels, including three newbuildings, from companies within the Metrostar group of companies for an aggregate purchase price of approximately $166.3 million. The acquisition is subject to the completion of customary documentation and closing conditions. The five vessels are expected to be delivered to Genco between July 2010...

2010-06-02 07:31:00

ATHENS, Greece, June 2, 2010 /PRNewswire-FirstCall/ -- Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP; SHIP.W) announced today that the Company has completed the final documentation, after entering into a Share and Purchase Agreement with Maritime Capital Shipping (Holdings) Limited, a company incorporated in the British Virgin Islands (the "Seller"), for the acquisition of a 51% ownership interest in Maritime Capital Shipping Limited, a company incorporated in Bermuda...

2010-05-20 02:30:00

LOS ANGELES, May 20 /PRNewswire-FirstCall/ -- Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT; Berlin/Stuttgart: WTC) is pleased to announce the startup of its Green D Plus Nano Cavitation Reactor System at a 200 metric ton/day vegetable oil refining facility located in South Carolina. CTI's Nano Cavitation System consists of equipment manufactured to CTI's specifications and operated with proprietary technology. The system is designed for use in refining and processing...

2010-05-03 08:41:00

ATHENS, Greece, May 3, 2010 /PRNewswire-FirstCall/ -- Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP; SHIP.W) announced today that it has entered into a Letter of Intent with Maritime Capital Shipping (Holdings) Limited, of the British Virgin Islands ("Seller") to acquire a 51% ownership interest in Maritime Capital Shipping Limited, of Bermuda ("MCS") for a purchase price of USD 33 million. MCS is based in Hong Kong and is a provider of international maritime...

2010-04-28 05:55:00

PIRAEUS, Greece, April 28 /PRNewswire-FirstCall/ -- NewLead Holdings Ltd. (Nasdaq: NEWL) ("NewLead") announced today that it has completed the first phase of its turnaround with the sale of three additional non-core vessels and the agreement to purchase one newbuild Post-Panamax vessel. Since the recapitalization of NewLead in October 2009, management has focused on a new strategy including the disposition of inefficient vessels, exit from the container industry, acquisition of vessels...

2010-04-15 15:30:00

NEW YORK, April 15 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) announced today that it will hold a conference call to discuss the Company's results for the first quarter of 2010 on Thursday, April 29, 2010 at 10:00 a.m. Eastern Time. The Company will issue financial results for the first quarter ended March 31, 2010 on Wednesday, April 28, 2010 after the close of market trading. What: First Quarter 2010 Conference Call and Webcast When:...

2010-03-04 15:30:00

NEW YORK, March 4 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) announced today that the Company's Chief Financial Officer, Jeffrey D. Pribor, is scheduled to present at the J.P. Morgan Aviation, Transportation & Defense Conference in New York on Wednesday, March 10, 2010 at 2:45 p.m. ET. The presentation will be broadcast live over the Internet and can be accessed at http://metameetings.com/webcasts/jpmorgan/aviation10/directlink?ticker=GMR. In addition, the...

2010-02-11 15:30:00

NEW YORK, Feb. 11 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2009 on Thursday, February 25, 2010 at 10:00 a.m. Eastern Time. The Company will issue financial results for the fourth quarter ended December 31, 2009 on Wednesday, February 24, 2010 after the close of market trading. What: Fourth Quarter 2009 Conference Call and Webcast When:...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.