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Last updated on April 16, 2014 at 13:01 EDT

Latest Ship Stories

2013-05-02 23:18:15

Commercial Workboat and Fishing Fleets Across North America Using Web-Based Boatracs BTConnect® to improve operations, safety and compliance. San Diego, California (PRWEB) May 02, 2013 Boatracs Inc., a leader in providing integrated satellite communications and software solutions to the maritime industry, announced today that over 2,000 vessels are now being managed with Boatracs BTConnect®, making it the most widely used vessel tracking and fleet management software in the U.S....

2013-05-02 08:24:18

PIRAEUS, Greece, May 2, 2013 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or "the Company") today announced that the Company entered into a five-year time charter contract with 60% profit sharing for its 2002-built panamax vessel, the Newlead Victoria. The five-year time charter of the Newlead Victoria is expected to commence in June 2013. The escalating net daily charter-out rate will be: $11,700 until December 29, 2014 $12,723.75 until December 29, 2015 $12,918.75...

2013-05-02 00:20:21

PARIS, May 2, 2013 /PRNewswire/ -- Revenues up 13.4% vs. 1st quarter 2012 And stable compared with 4th quarter 2012 due to seasonal effects "In a favorable context for the oil & gas and related services industry, BOURBON is continuing to grow. Daily rates for vessels with contracts renewals continue trending upwards," says Christian Lefevre, Chief Executive Officer of BOURBON. "In the first quarter, BOURBON took delivery of 4...

2013-05-01 16:23:37

Declares $0.01 per Share Dividend for Q1 2013 NEW YORK, May 1, 2013 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT) ("Baltic Trading" or the "Company") today reported its financial results for the three months ended March 31, 2013. The following financial review discusses the results for the three months ended March 31, 2013 and March 31, 2012. First Quarter 2013 and Year-to-Date Highlights Declared a $0.01 per share dividend payable on or about May 20, 2013 to all...

2013-04-22 12:24:14

Cruise Lines International Association and Its Members Commemorate Earth Day WASHINGTON, April 22, 2013 /PRNewswire-USNewswire/ -- In celebration of Earth Day, Cruise Lines International Association (CLIA) today highlighted the ongoing efforts of its member lines to protect the ocean environment. CLIA and its members lines have a vested interest in protecting the environment, not only because it is the responsible thing to do - but also because clean oceans and beaches are essential to...

2013-04-19 12:21:50

SEPT-ÃŽLES, QC, April 19, 2013 /CNW Telbec/ - It is with great pride and excitement that Desgagnés and its subsidiary Relais Nordik conducted today, at the Port of Sept-ÃŽles, the christening of the M/V Bella Desgagnés, a new vessel specially designed for and dedicated to the maritime service of Anticosti Island and the Lower North Shore. This event was held in the presence of many guests and dignitaries including Mrs. Lorraine...

2013-03-06 04:20:41

PARIS, March 6, 2013 /PRNewswire/ -- 2012 revenues: up 17.7% Gross operating income (EBITDA) EUR406.2 million, up 35.3% Operating income (EBIT) EUR161.6 million, up 89.4% "In the context of a favorable oil & gas services market, the growth in BOURBON's 2012 results illustrates the value of our strategy which is aimed, through our series of innovative series vessels, at meeting our clients'...

2013-02-26 16:20:23

PARIS, February 26, 2013 /PRNewswire/ -- BOURBON Takes Delivery of the Bourbon Evolution 803, the 3rd Vessel in the 1st Large IMR Series for the Offshore Industry A series of vessels designed to operate in complete safety at depths of 3000 meters. The first two sisterships already operate in West Africa. Resource exploration is going into increasingly deep waters and the new milestone for oil and gas marine industry operations is now at 2,500 to 3,000 meters. To...

2013-02-20 16:20:41

NEW YORK, Feb. 20, 2013 /PRNewswire/ -- Genco Shipping & Trading Limited (NYSE: GNK) ("Genco" or the "Company") today reported its financial results for the three and twelve months ended December 31, 2012. The following financial review discusses the results for the three months and years ended December 31, 2012 and December 31, 2011. Fourth Quarter 2012 and Year-to-Date Highlights Recorded net loss attributable to Genco for the fourth quarter of $45.7 million, or $1.06...

2013-01-28 23:01:57

FC Business Intelligence says: With the high price of low sulphur diesel and increasingly aggressive Emissions control areas (ECAs) in US waters, shipping firms and gas giants are looking to LNG as the next step in the evolution of marine fuel. With operational cost savings of up to 50% according to studies and a superior environmental profile, the conversion of ships to gas is being driven by a tidal wave of interest. This will be explored at the LNG for Marine Transportation Conference...