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Star Bulk Announces Spyros Capralos to Succeed Akis Tsirigakis as Chief Executive Officer and President

News Release Feb 3, 2011

ATHENS, GREECE, February 2, 2011- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), today announced that Mr. Spyros Capralos has been appointed as President and Chief Executive Officer, to succeed Mr. Akis Tsirigakis, effective as of February 7, 2011. Mr. Capralos has also been...

The Economic Cost of Piracy

News Release Feb 2, 2011

About the Cost of Piracy Project At the end of 2010, around 500 seafarers from more than 18 countries are being held hostage by pirates. Piracy clearly affects the world’s largest trade transport industry, but how much is it costing the world? Oceans Beyond Piracy has completed a study on the ec...

Shipping industry outraged at execution and torture of seafarers by pirates.

News Release Feb 2, 2011

BIMCO, the International Chamber of Shipping, INTERCARGO, INTERTANKO and the International Transport Workers’ Federation are outraged that Somali pirates have executed, apparently in cold blood, a seafarer on the merchant ship Beluga Nomination which had been attacked and hijacked by armed pirates o...

Safe Bulkers, Inc. Sets Date for Fourth Quarter and Full Year 2010 Results, Dividend Announcement, Conference Call and Webcast

News Release Feb 2, 2011

Earnings Release: Wednesday, February 09, 2011, After Market Closes Conference Call and Webcast: Thursday, February 10, 2011 at 09:00 A.M. EST Athens, Greece - February 2, 2011 -- Safe Bulkers, Inc. ( the Company) (NYSE: SB), an international provider of marine drybulk transportation services, an...

Dale Ploughman, Chairman and CEO of Seanergy Maritime Holdings Corp., Discusses the Dry Bulk Market and the Company in Video Interview

News Release Feb 2, 2011

NEW YORK, NY – February 1, 2011 – Dale Ploughman, Chairman and Chief Executive Officer of Seanergy Maritime Holdings Corp. (Nasdaq: SHIP & SHIP.W), was interviewed by Barry Parker for Capital Link Shipping. The interview focused on the development and outlook of the dry bulk sector and the Compan...

Costamare Inc. Announces the Signing of Shipbuilding Contracts for Two Vessels, New Chartering Agreements, and Fleet Renewal Program

News Release Feb 2, 2011

ATHENS, GREECE - February 1, 2011 - Costamare Inc. (the "Company") (NYSE: CMRE) announced today that it has contracted with Sungdong Shipbuilding & Marine Engineering Co., Ltd. for the construction and purchase of two newbuild containerships, each of about 9,000 TEU capacity. The two newbuildings ar...

Tsakos Energy Navigation Announces Sale Of Aframax Tanker Opal Queen

News Release Feb 2, 2011

$280 million in total capital gains over the last twenty-eight quarters ATHENS, GREECE – February 1, 2011 - Tsakos Energy Navigation Limited (“TEN” or the “Company”) (NYSE:TNP) today announced the sale of the 2001-built aframax tanker Opal Queen to an international operator. The delivery of the v...

Frank Bünte joins Rickmers Group from HSH Nordbank

News Release Feb 2, 2011

Hamburg, 31 January 2011 - Frank Bünte has joined the Management Board of the Rickmers Group as Chief Treasury and Risk Officer. Previously he was with HSH Nordbank AG, where he was latterly responsible for the bank’s entire domestic shipping company business. “Acting in concert with the exi...

COSTAMARE Inc. Sets The Date For Its Fourth Quarter 2010 Results Release, Conference Call And Webcast

News Release Jan 31, 2011

Earnings Release: Wednesday, February 16, 2011, After Market Closes Conference Call and Webcast: Thursday, February 17, 2011, at 8:30 a.m. EST ATHENS, GREECE - January 31, 2011 - Costamare Inc. (NYSE:CMRE), announced today that it expects to release its results for the fourth quarter ended Dece...

Danaos Corporation Adds One More Newly Built Vessel to its Fleet

News Release Jan 31, 2011

Athens, Greece, January 31, 2011 – Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that on January 26, it took delivery of one newly built containership, the Hanjin Algeciras, expanding its operational fleet to a total of 51 containerships aggregating 223,3...

TBS International and Banks Agree to Amend Credit Facilities and Waive All Defaults; Key Management Commits to Provide New Equity

News Release Jan 31, 2011

DUBLIN, IRELAND, Jan 31, 2011 (MARKETWIRE via COMTEX) -- TBS International plc (NASDAQ: TBSI) (the "Company") announced today that it has entered into amendments to its credit facilities with all of its lenders, including AIG Commercial Equipment, Commerzbank AG, Berenberg Bank and Credit Suisse ...

OceanFreight Inc. Announces Receipt of Nasdaq Notice

News Release Jan 31, 2011

January 31, 2010, Athens, Greece, OceanFreight Inc. (Nasdaq: OCNF) (the “Company”), a global provider of marine transportation services, announced today that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated January 25, 2011 indicating that because the closing b...

Statement on Egyptian situation

News Release Jan 31, 2011

31 January 2011 Statement on Egyptian situation ITF general secretary David Cockroft commented: 'Like everybody else we are watching the situation closely and with concern, helped by our members in Egypt and our inspector there. Free trade unions are needed now more than ever in Egypt and we a...

Excel Maritime Carriers Ltd. postpones the proposed offering of $250 Million Senior Notes due 2019

News Release Jan 29, 2011

ATHENS, GREECE--January 28, 2011 -- Excel Maritime Carriers Ltd. (“Excel” or the “Company”) (NYSE:EXM) announced today the postponement of its proposed offering of $250 million Senior Notes it announced on January 14, 2011. Due to the current market conditions, compounded by the recent announceme...

Maersk joins UN disaster relief team

News Release Jan 29, 2011

The A.P. Moller – Maersk Group is proud to announce it has joined a team of international companies, designated as a disaster relief support network under the United Nations World Food Programme (WFP). The Logistics Emergency Teams (LETs) consist of four of the world’s leading logistics and tra...

The UK P&I Club publishes an aide-memoire for masters, owners and operators

News Release Jan 27, 2011

27 January 2011 The UK P&I Club publishes an aide-memoire for masters, owners and operators to guide them through procedures for meeting the new Paris MoU inspection regime According to the UK P&I Club, many shipowners and their masters remain unsure of what is required from them if t...

Suez Canal Container Terminal Upgrades Terminal Operating System

News Release Jan 26, 2011

New Mediterranean hub terminal extends partnership with leading technology provider Realtime Business Solutions (RBS) to keep up with expansion Port Said, Egypt (Jan. 26, 2011) - With 12 super post-Panamax cranes, the most modern equipment, state-of-the-art technology and the most advanced opera...

Maritime iPhone game, Ship It! tops Games/Educational charts in the Apple app store

News Release Jan 26, 2011

London, UK 26th January, 2011 FOR IMMEDIATE RELEASE Chart topping iPhone game from Coracle helps leading maritime eLearning organisation reach global market On January 25th 2011, Coracle’s iPhone game, Ship It! topped the Games/Educational charts in 10 countries (France, Portu...

HORIZON LINES PROVIDES RAPID 15-DAY TRANSIT TIME FOR CARGO TRANSPORTED BETWEEN CHINA AND KANSAS CITY

News Release Jan 26, 2011

CHARLOTTE, NC (January 25, 2011) - Horizon Lines (NYSE:HRZ) announced today it has instituted a 15-day transit schedule for containerized cargo shipped from Shanghai to Kansas City with its new International service. The company launched the Five-Star Express (FSX) trans-Pacific ocean service betwe...

Crude Carriers Corp. Schedules Fourth Quarter 2010 Earnings Release And Conference Call

News Release Jan 26, 2011

ATHENS, Greece, January 25, 2011 – Crude Carriers Corp. (NYSE: CRU) announced today that it will release financial results for the fourth quarter ended December 31, 2010, before the market opens in New York on Friday, February 11, 2011. The Company will also declare a cash dividend for the fourth...