News & Press Releases

Search Archive

03/8/12 Maroussi, Athens, Greece - 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 today that Mr. Aristides Pittas, the Chairman and CEO of Euroseas, will be presenti...

SAN JUAN, Puerto Rico (March 7, 2012) - Horizon Lines, Inc. (OTCQB: HRZL), has named Richard Rodriguez, Vice President and General Manager, Puerto Rico. In this new role, Mr. Rodriguez will be responsible for all on-island sales and operations activity, local labor, security, as well as government r...

TORM has entered into an agreement to sell the MR product tanker TORM Lana. The parties have agreed not to disclose the sales price. TORM Lana will be delivered to the new owner in either the second half of March or the first half of April 2012. The transaction leads to a P&L loss of approximatel...

PIRAEUS, GREECE, March 8, 2012 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that members of its management team will be presenting at the J.P. Morgan Aviation, Transportation & Defense Conference in New York City on Thursday, March 15, 2012 at 9:30am local time. ...

The Seafarers Trust, the charity arm of the ITF, will mark its 30th birthday by staging a major event on seafarers’ welfare in Westminster, London, on Thursday 22 March 2012. Press are invited to attend. Running from 13:30 to 17:00 at Church House, 27 Great Smith Street, London W1 (www.churc...

The ITF today promised redoubled action in support of Port of Auckland dockers who have been told they are being made compulsorily redundant. The decision by Ports of Auckland CEO Tony Gibson rejects a negotiated solution and dramatically escalates the dispute at the port. It would throw 320...

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the company has held the MOL Safety Conference 2012 in Manila, Mumbai, Dubrovnik, and Tokyo. About 210 seafarers who were on leave took part in the conference on February 13 in Manila, about 100 participated o...

Victoria, March 5, 2011--ShipConstructor Software Inc. (SSI) has released a new version of its AutoCAD based CAD/CAM software. ShipConstructor 2012 R2 sets a new standard for 3D modeling efficiency and the rapid creation of clear production documentation. The latest version of the software als...

Panama City, Panama, March 7, 2012 – The first-ever “Panama Canal 2012 International Engineering and Infrastructure Congress,” to be held April 18-20 in Panama City, will bring together technical experts and infrastructure leaders to share best practices for project delivery, risk management, and fi...

PANAMA CITY, Panama, March 6, 2012. Two consortia and one company presented documentation to pre-qualify for the bid to build the bridge on the Atlantic side of the Panama Canal. Representatives from each of the following internationally renowned companies/consortia handed in their proposals: ...

ATHENS, GREECE, MARCH 2 2012—Star Bulk Carriers Corp. (the "Company”) (Nasdaq: SBLK) today announced that one of its vessels, the STAR POLARIS, sustained bottom damage when entering the port of Eregli, Turkey. Following a survey of the damages, the vessel proceeded for permanent repairs to DaATHENS,...

Stonetrans lines up with Rickmers-Linie, Antwerp Breakbulk Agencies and DP World Breakbulk to ship rough blocks of granite and sandstone from India to Antwerp A new service has been launched by four companies, Stonetrans, Rickmers-Linie, Antwerp Breakbulk Agencies and DP World Breakb...

Intermodal carriers and 3PLs turn to collaborative technology to eliminate blind spots in complex, multi-party last mile inland operations Oakland, CA, February 28, 2012 - Carriers and 3PLs are increasingly turning to collaborative technology to eliminate blind spots that exist today in the mo...

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the launch of a plan to regularly publish the results of several key performance indicators (KPI) for its Containership service globally in the following categories: Operations, Environmental, and Safety. Operatio...

TORM and the Company’s bank group have extended the deferral of instalments and covenant standstill announced on 16 February 2012. The agreement is after the extension valid until 15 March 2012. As previously, the agreement is subject to the continued progress of the negotiations towards a financ...

SAN JUAN, Puerto Rico (March 2, 2012) - Horizon Lines, Inc. (OTCQB: HRZL) announced today that it will raise its rates for shipping cargo between the mainland United States and San Juan, Puerto Rico, effective April 1, 2012. The company has filed the rate increase with the Surface Transportation Boa...

February 27, 2012 - Athens, Greece - Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that it has entered into an agreement with MUR Shipping BV (“MUR”) to extend the time charter party for the Company’s Handysize vessel M/V African Joy, in direct continuation from t...

The Group's revenue increased by 7% to USD 60.2bn (USD 56.1bn), positively affected by higher oil prices and container volumes but offset by lower container freight rates. Profit was USD 3.4bn (USD 5.0bn) and thus in accordance with the latest announced outlook of USD 3.1-3.5bn expressed on 9 Novemb...

Feb. 27, 2012)--Evergreen Line, NYK Line (NYK), Hanjin Shipping (Hanjin) and Hyundai Merchant Marine (HMM) will jointly launch a new service in March between the U.S. East Coast and South America called the Atlantic North South Service (ANS). For Evergreen, the new ANS service, commencing f...

WHILE it needs to be said that not all ex-pats are getting housing allowances these days, and a lot of companies have been phasing them out, they remain common in the Middle East, far more so than in, say, Singapore. Recent research carried out by the 55 members of the Maritime HR Forum reve...