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Latest Ship Stories

2011-11-30 07:07:00

ATLANTA, Nov. 30, 2011 /PRNewswire/ -- Siemens Industry, Inc. (NYSE: SI) today announced it has improved upon its popular Siship Blue Drive with the launch of its Blue(TM) Drive Plus C system, a new diesel electric propulsion system now available in the United States. (Logo: http://photos.prnewswire.com/prnh/20070904/SIEMENSLOGO) Developed by Siemens Marine Solutions Global Center of Competence in Trondheim, Norway, the innovative Blue(TM) Drive Plus C is unrivaled in the...

2011-11-28 14:37:00

PUNXSUTAWNEY, Pa., Nov. 28, 2011 /PRNewswire/ -- Femco Holdings, LLC and their Gulf Coast affiliate, Spencer Harris, have entered into an agreement with JonRie InterTech, LLC, a leader in the Offshore Marine deck equipment industry, to join forces and share technical resources towards the creation of a value-added equipment designer and repair facility, dedicated to exceeding customer expectations in the offshore drilling equipment and marine deck equipment industries. "This...

2011-11-23 07:30:00

PIRAEUS, Greece, Nov. 23, 2011 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company"), an international shipping company owning and operating tankers and dry bulk vessels, today announced that it has recently received a fourth favorable arbitration award against TMT Bulk Corp. ("TMT") for $1,757,015.04 plus interest. The total amount awarded to date, under the four interim arbitration awards, is approximately $7,000,000 plus interest. As of November 18, 2011, the...

2011-11-17 05:00:00

COVINGTON, La., Nov. 17, 2011 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today the execution of definitive contracts for the construction of sixteen high-specification offshore supply vessels ("OSV"), in connection with its latest newbuild construction program announced on November 7, 2011. This is the Company's eighth newbuild vessel program since its inception in 1997, and its fifth newbuild program involving state-of-the-art, technologically advanced new...

2011-11-15 07:30:00

PIRAEUS, Greece, Nov. 15, 2011 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company"), an international shipping company owning and operating tankers and dry bulk vessels, today announced that it has recently received a third favorable arbitration award against TMT Bulk Corp. ("TMT") for $1,334,663.26 plus interest. The total amount awarded to date, under the three interim arbitration awards, is $5,267,488.34 plus interest. As of November 12, 2011, the total...

2011-11-14 07:30:00

PIRAEUS, Greece, Nov. 14, 2011 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or "the Company"), an international shipping company owning and operating tankers and dry bulk vessels, today announced that on November 10, 2011, the "Newlead Gujarat," a new geared Kamsarmax dry bulk vessel of 79,263 dwt, was delivered from Cosco Dalian Shipyard Co. to NewLead's fleet. The "Newlead Gujarat" is the second geared Kamsarmax that NewLead built at Cosco Dalian Shipyard Co....

2011-11-07 15:13:00

COVINGTON, La., Nov. 7, 2011 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE:HOS) announced today that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. The Company plans to build sixteen U.S.-flagged 300 class DP-2 new generation offshore supply vessels ("OSV") for its Upstream business segment with options to build an additional 16 substantially similar vessels should future market conditions...

2011-11-05 01:17:03

Not enough ships able to flush out invasive species before they reach port Invasive species have hitchhiked to the U.S. on cargo ships for centuries, but the method U.S. regulators most rely on to keep them out is not equally effective across coasts. Ecologists from the Smithsonian Environmental Research Center have found that ports on the East Coast and the Gulf of Mexico are significantly less protected than ports on the West Coast. Invaders are frequently introduced across oceans and...

2011-11-03 07:30:00

DALIAN, China, Nov. 3, 2011 /PRNewswire-Asia/ -- Andatee China Marine Fuel Services Corporation (NASDAQ: AMCF) ("Andatee"), today announced that it will release financial results for the third quarter and nine months ended September 30, 2011, after the close of the stock market on Monday, November 14, 2011. The Company will then discuss those results in a conference call the following morning (November 15, 2011) at 9:00 a.m. ET. Participant Dial-In Numbers: In the United States: (877)...

2011-11-01 15:25:00

NEW YORK, Nov. 1, 2011 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT) ("Baltic Trading" or the "Company") today reported its financial results for the three and nine months ended September 30, 2011. The following financial review discusses the results for the three and nine months ended September 30, 2011 and September 30, 2010. Third Quarter 2011 and Year-to-Date Highlights Declared a $0.12 per share dividend payable on or about November 18, 2011 to all shareholders of record as...