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Latest Ship construction Stories

2010-08-17 11:04:00

ATHENS, Greece, August 17, 2010 /PRNewswire-FirstCall/ -- Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP; SHIP.W) announced today that the MV Bet Fighter, a 1992 built, 173,149 dwt Capesize vessel, was boarded by pirates off Singapore, on August 17, while en route to China. Currently the vessel is continuing with her voyage with no disruption. During this incident the pirates did not seize the vessel or any of its crew members and left of their own accord. Dale...

2010-08-10 15:22:00

NEW YORK, Aug. 10 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has taken delivery of the Genco Pyrenees, a 2010-built Supramax vessel, and the Genco Normandy, a 2007-built Supramax vessel. The Genco Pyrenees and the Genco Normandy are the third and fourth vessels, respectively, to be delivered to the Company under Genco's agreement previously announced on June 25, 2010 to acquire 13 Supramax vessels from Setaf SAS, a wholly owned...

2010-07-30 05:00:00

PHILADELPHIA, July 30 /PRNewswire-USNewswire/ -- Duck boats in the Ride the Ducks Philadelphia fleet do not have sufficient reserve buoyancy to remain afloat in the event of flooding and have canopies which are well known to cage passengers attempting to escape. As a result, attorneys for Dora Schwendtner and Szabolcs Prem and their families are urging the City of Philadelphia and the U.S. Coast Guard to immediately impose a moratorium on all duck boat service on the Delaware River. Dora...

2010-07-29 15:30:00

NEW YORK, July 29 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the second quarter of 2010 on Tuesday, August 10, 2010 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the second quarter ended June 30, 2010 on Monday, August 9, 2010 after the close of...

2010-07-28 16:15:00

PIRAEUS, Greece, July 28 /PRNewswire-FirstCall/ -- NewLead Holdings Ltd. (Nasdaq: NEWL) ("NewLead" or the "Company") today announced the successful completion of the dropdown of five dry bulk vessels, including two newbuildings with long-term quality time charters attached and the right of first refusal for three additional newbuildings from Grandunion Inc. ("Grandunion"). Total consideration for the dropdown of the five vessels is approximately $147.0 million, which includes...

2010-07-22 11:32:00

PARIS, July 22, 2010 /PRNewswire-FirstCall/ -- "In connection with our new BOURBON 2015 strategy, which will make the group the world leader in offshore marine services with a fleet of 600 vessels by 2015, we announced that the US$ 2 billion investment program would be financed by asset sales in the amount of 500 million euros, mainly in 2010," says Jacques de Chateauvieux, BOURBON Chairman & Chief Executive Officer. "This sale of 16 bulk carriers for US$ 545 million to US group Genco...

2010-07-15 06:50:00

PORTLAND, Maine, July 15 /PRNewswire/ -- Boxer Marine, a boating innovation company in Cushing, ME, announced today that the company is releasing a new, improved version of AnchorRescue, its anchor retrieval system. Described as "the smart alternative to a trip line," AnchorRescue is an easy-to-install, easy-to-use anchor retrieval system designed for use on both powerboats and sailboats up to 60 ft. in length. The new 2010 version is designed to be trouble-free with fewer moving parts,...

2010-07-12 17:08:00

NEW LONDON, N.C., July 12 /PRNewswire/ -- With more and more homeowners spending time in their backyards this summer, Fiberon, a leading manufacturer of composite and PVC decking, railing and fencing products, is teaming up with a number of industry partners to designate July 24th the first annual National "Enjoy Your Deck Day." The promotion kicks off on Monday, July 12 and runs for two weeks, ending with the nationwide "Enjoy Your Deck Day" celebration on Saturday, July 24....

2010-06-25 05:00:00

PIRAEUS, Greece, June 25 /PRNewswire-FirstCall/ -- NewLead Holdings Ltd. (Nasdaq: NEWL) ("NewLead" or the "Company") today announced it has signed a Letter of Intent for the dropdown of five dry bulk vessels, including two newbuildings, and the right of first refusal for three newbuildings from Grandunion Inc. ("Grandunion"). The transaction is expected to be concluded in the third quarter of 2010. Total consideration for the dropdown of the five vessels is approximately $148...

2010-06-25 01:17:00

PARIS, June 25, 2010 /PRNewswire-FirstCall/ -- BOURBON announces that its subsidiary Setaf SA has signed a US$ 545 sale agreement for 16 bulk carriers with US group Genco Shipping and Trading Ltd. The closing is expected by end of July 2010. "As a shipowner, we are a pragmatic company, and we seized an opportunity. Following the Group strategy for its Bulk Division, Setaf is actively managing its shipping activity as a freight operator as well as a ship owner, to offer...