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ATHENS, GREECE, February 22, 2011 - Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK),a global shipping company focusing on the transportation of dry bulk cargoes, today announced that its Board of Directors declared a cash dividend of $0.05 per outstanding share of the Compan...
Commenting on reports that four US citizens on the yacht Quest have been killed by their pirate captors, David Cockroft, ITF general secretary, commented: “Somali pirate attacks have become increasingly savage. Forget the excuses about them protecting their fishing grounds or not killing their hosta...
Paragon Shipping Inc. Announces Date for the Release of Fourth Quarter and Year Ended December 31, 2010 Results, Conference Call and Webcast Earnings Release: Tuesday, March 1, 2011, After Market Close Conference Call and Webcast: Wednesday, March 2, 2011, at 10:00am EST February 22, 2011 – Athe...
22 February 2011 ITF comment on Libya Commenting on the situation in Libya, ITF general secretary David Cockroft said: “It appears that Colonel Gaddafi’s going is now a matter of when rather than if. The only question is whether he and his associates will continue to unleash more violence agains...
AXI (Algae-X International) announces the latest addition to their line of standard Mobile Tank Cleaning Systems, the HC-80, a high capacity, multi-stage, automated fuel tank cleaning system equipped with a Smart Filtration Controller. This new system stabilizes and decontaminates diesel fuel, bio-d...
ATHENS, GREECE, February 22, 2011- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), today announced that on February 18, 2011 the Company received a letter from Korea Line Corporation ("KLC"), the charterer of the supramax Star Gamma ("The vessel"), requesting an agreement on ...
17 February 2011 saw the naming of two more 13,100TEU container vessels for Rickmers Group in Ulsan, Korea. Leo Rickmers and Scorpio Rickmers will come into service for their charterer Maersk Line as Maersk Edmonton and Maersk Elba. Leo Rickmers was named by Manuela Steffens, wife of Jan Boje Steff...
LONDON, 21 February 2011 – Chain Reaction, the cluster of organisations representing Teesside’s growing renewable energy sector and its associated supply chain, held a strategy meeting in Middlesbrough on Friday (18th February) to discuss key issues and determine how the group should develop moving ...
Maersk Line has signed a contract for 10 of the world's largest, most efficient container vessels with an option to buy another 20. The vessels will have a capacity of 18,000 TEU and will be delivered from Korea's DSME shipyard from 2013 to 2015. The new, giant containe...
(NASDAQ: GLBS), a dry bulk vessel owner/operator, announced today that it will release financial results for the Fourth Quarter and Year Ended December 31, 2010, after the market closes in New York on Thursday, February 24, 2011. The Company will also declare a cash dividend for the Fourth Quarte...
IUMI Welcomes ICS Decision on Shipboard Guards The International Union of Marine Insurance has welcomed the announcement by the International Chamber of Shipping (an affiliate member of IUMI) that it is now taking a more neutral position on the use of private armed security personnel on board shi...
Marine insurers are determined to keep the subject of dangerous bulk cargoes, and in particular nickel ores and iron ore fines, high on the Loss Prevention agenda. The UK Club’s latest initiative is an aide-mémoire for shipowners and shipmanagers in the form of a pocket leaflet that can be kept hand...
LONDON, 18 February 2011 – PD Ports has been recognised at the ASDA Carrier Awards for the second year in succession, winning the UK Container Carrier Award 2011 for the combination of its Logical Link and PD Logistics services. Alex Linton, ASDA Supply Chain Operations Manager, says it was: "a w...
February 17, 2011 - Athens, Greece - Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP; SHIP.W) announced today its operating results for the fourth quarter and year ended December 31, 2010. Financial Highlights: Fourth Quarter 2010 ? Net Revenues of $25.9 million ? EBITDA of $10....
02/16/11 Maroussi, Athens, Greece ? February 16, 2011 - Euroseas Ltd., (NASDAQ:ESEA) an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that the Company's Board of Directors has declared a di...
Athens, Greece, February 16, 2011 - Costamare Inc. ("Costamare") (NYSE: CMRE), a leading international owner of containerships, today reported unaudited financial results for the fourth quarter and for the year ended December 31, 2010. Highlights •Voyage revenues of $85.7 million and...
ANNOUNCEMENT NO. 2 – 2011 15 February 2011 Annual General Meeting 2011 With reference to Clause 5.3 of the Articles of Association of TORM and Section 90(3) of the Companies Act, the Board of Directors of TORM has decided that the Annual General Meeting of 2011 will be held at 10:00 a.m. on Thursd...
Following 10 years with the Rickmers Group and after the successful conclusion of financing agreements for the Rickmers Group’s newbuilding programme consisting of container and multi-purpose vessels, Dr Moritz Mittelbach has stepped down as CFO and Managing Director of Rickmers Holding GmbH & Cie K...
Maersk Drilling, an entity within the A.P. Moller - Maersk Group, has signed a contract with Keppel FELS Limited in Singapore for the construction of two ultra harsh, high capacity jack-up drilling rigs. The first rig is scheduled for delivery at the end of 2013, with the second rig following seven ...
14 February 2011 Egyptian strike ban ‘unthinkable and unworkable’ Commenting on news that the Egyptian military might attempt to ban strikes or trade union meetings that might lead to them, ITF general secretary David Cockcroft said: “A ban would be unthinkable and unworkable. It is strikes t...