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Press Release: Rickmers-Linie expands its China coverage

News Release Mar 1, 2012

Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, is expanding its market coverage in China and is enhancing its sales and marketing activities into central China and in Southern China. According to Wolfgang Harms, Rickmers-Linie’s Chief Representative Gre...

New CEO of SVITZER

News Release Mar 1, 2012

Mr Robert Uggla has been appointed new CEO of SVITZER with effect from 1 May 2012. Robert Uggla has until now held the position as Managing Director of Broström, which is part of Maersk Tankers. He replaces Jesper T. Lok, who was recently appointed new CEO of DSB, the national Danish train operat...

SBS Appoints Senior Air Freight Manager, 29th February 2012

News Release Mar 1, 2012

London, 29th February 2012 - Supply chain solutions provider SBS Worldwide has appointed Michael Mohan as its new UK Air Freight General Manager. As part of SBS Worldwide’s senior management team, Mr Mohan will support the further development of the air freight division’s continued growth in key ...

DACHSER TO OPEN NEW OFFICE IN THE NETHERLANDS

News Release Mar 1, 2012

Expanded presence will help support growing global network ATLANTA (Feb. 29, 2012) --- Dachser Transport of America Inc. (Dachser USA), the U.S. division of one of the world's leading global logistics service providers, announced that parent company Dachser has started construction of a new branch...

Danaos Corporation Adds One More 8,530 TEU containership to its Fleet

News Release Mar 1, 2012

Athens, Greece, February 29, 2012 - Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that on February 28, 2012, it took delivery of one more newly built containership, the CMA CGM MELISANDE, expanding its operational fleet to a total of 61 containerships agg...

WCI TO HOLD MEDIA EVENT MARCH 21: OLMSTED OVER-RUN; FY 13 PRESIDENT'S BUDGET REQUEST; CAPITAL DEVELOPMENT PLAN UPDATE

News Release Mar 1, 2012

WATERWAYS COUNCIL, INC. TO MEET THE PRESS MARCH 21: REVIEW OF FY 2013 PRESIDENT’S BUDGET FOR ARMY CORPS OF ENGINEERS CIVIL WORKS PROGRAM; COST OVER-RUN AT OLMSTED LOCK & DAM; WATERWAYS CAPITAL IMPROVEMENTS LEGISLATION UPDATE Arlington, VA –Waterways Council, Inc. (WCI) will address the news me...

WCI TO HOLD MEDIA EVENT MARCH 21: OLMSTED OVER-RUN; FY 13 PRESIDENT'S BUDGET REQUEST; CAPITAL DEVELOPMENT PLAN UPDATE

News Release Mar 1, 2012

Arlington, VA –Waterways Council, Inc. (WCI) will address the news media about the President’s FY 2013 budget and outlook for the U.S. Army Corps of Engineers’ Civil Works program, the $800 million cost over-run at Olmsted Lock and Dam, and the status of the Inland Waterways Capital Development Plan...

Markets, Bunkers, Savings, and Business – at the CMA

News Release Mar 1, 2012

Just when one thinks they have a handle on the shipping business, something happens that reminds one that this is a very complicated, crazy business. The assets are big, expensive, complicated to manage, the oceans can be perilous, trade is often brutal, tough markets make for tougher decisions and ...

Safe Bulkers, Inc. Announces Filing of 2011 Annual Report on Form 20-F

News Release Mar 1, 2012

Athens, Greece – March 1, 2012 -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has filed its 2011 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”). The 2011 Ann...

Seanergy Maritime Holdings Corp. Regains Compliance with Nasdaq Requirement on Minimum Market Value of Publicly Held Shares

News Release Mar 1, 2012

March 1, 2012 - Athens, Greece - Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq Listing Rule 5450(b)(1)(C) concerning the minimum market value of publicly hel...

PD Ports appointed as Construction Logistics Hub for Teesside Offshore Windfarm

News Release Mar 1, 2012

01 March 2012 PD Ports has been appointed as the main construction logistics hub at the Port of Hartlepool for the Teesside Offshore Windfarm Project. Over the next seven months, the Port of Hartlepool will be the focal point for all materials and components to be installed in the new wind far...

TORM expects temporary bank agreement to be renewed

News Release Mar 1, 2012

With reference to announcement no. 5 dated 16 February 2012, TORM and the Company’s group of banks agreed on a temporary deferral of instalments and covenant standstill until 1 March 2012. TORM expects the temporary agreement with the banks to be renewed shortly....

DIVING COMPANIES TRACK PIPES AND CABLES

News Release Mar 1, 2012

Utility companies have been laying pipelines and cables across the ocean floor for more than a century. Prior the introduction of GPS, marking their position was a difficult and tedious task, fraught with error. It is extremely important to know the exact location of existing lines before underta...

MSRC COMPLETES GULF OF MEXICO EXPANSION – DEEP BLUE

News Release Mar 1, 2012

HERNDON, VA, February 29, 2012 — The Marine Spill Response Corporation announces that it has completed its Gulf of Mexico expansion program known as Deep Blue. The new response capabilities created under this program are now ready to respond to an oil spill incident, if and when necessary. The key ...

Global AUV Fleet set to Increase Substantially

News Release Feb 23, 2012

*The AUV market will continue to be dominated by North American activity* * Military and research sectors to have 90% market share by 2016* The global AUV fleet is increasing and demand for autonomous underwater vehicles is expected to show steady growth over the period to 2016 according to a new ...

TORM extends temporary agreement with its bank group

News Release Feb 18, 2012

TORM and the Company’s bank group have extended the deferral of instalments and covenant standstill announced on 17 January 2012. The agreement is after the extension valid until 1 March 2012 where TORM also will publish the 2011 annual report. “I am satisfied to have agreed a new extension with ...

SOCIETY OF PETROLEUM ENGINEERS DEBUTS OIL AND GAS FACILITIES MAGAZINE

News Release Feb 18, 2012

Publication Focuses on Projects, Facilities, and Construction Richardson, Texas, USA (16 February 2012) – The Society of Petroleum Engineers (SPE) is pleased to announce the release of its newest magazine – Oil and Gas Facilities. Oil and Gas Facilities, a bimonthly publication, promises to be...

WCI PRESENTS LEADERSHIP SERVICE AWARD TO REP. NICK RAHALL, II

News Release Feb 18, 2012

February 17, 2012 WATERWAYS COUNCIL, INC. PRESENTS LEADERSHIP SERVICE AWARD TO REP. NICK RAHALL, II Arlington, VA –Waterways Council, Inc. (WCI) presented Congressman Nick Rahall, II, (WV) Ranking Member of t...

Dachser Joins Lufthansa Cargo as Global Partner

News Release Feb 18, 2012

Global Partnership will increase capacity for Dachser's growing market in the U.S.; Dachser names Diaz as Director of Air Freight USA ATLANTA (Feb. 17, 2012)---Dachser Transport of America Inc. (Dachser USA), the U.S. division of one of the world's leading global logistics service provi...

Danaos Corporation Adds the Largest Newbuilding to its Fleet

News Release Feb 18, 2012

Athens, Greece, February 17, 2012 - Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that on February 16, 2012, it took delivery of its largest vessel in the fleet , the HYUNDAI TOGETHER, expanding its operational fleet to a total of 60 containerships aggreg...