LONDON, June 4 /PRNewswire/ — Britannia Bulk Holdings Inc (the “Company”) announced today that it is commencing an initial public offering of 8,333,333 shares of its common stock at a proposed initial public offering price of $17.00 to $19.00 per share. One of the Company’s directors of chartering a
Operations at SPCT’s Greenfield Site Will Be Streamlined with Navis Software OAKLAND, Calif.–(BUSINESS WIRE)–Navis, a Zebra Technologies company (NASDAQ:ZBRA – News) and the world’s first company to automate marine terminal operating systems (TOS), announced today that Saigon Premier Container Termi
Island Oil and Gas said it has agreed with another Irish licence holder, Lansdowne Celtic Sea, on an option to farm into a licence 4/07 which brings an obligation to acquire seismic survey data and drill a farm-in well by July 2010 at the latest. If the option were exercised, Island would acquire 58
Norwegian naval architects Vik-Sandvik have confirmed that the Cyprus-based company Norwegian Shipping Ltd has decleared options for additional two AHTS at Bharati Shipyard Ltd in India. Norwegian Shipping Ltd now has a total of four VS 4612 designs under construction at Bharati Shipyard. The last t
MICHIGAN CITY – A year after asking U.S. Rep. Joe Donnelly for financial help to clean out the upper harbor at Washington Park, dredging will begin this week, a bit earlier than officials expected. “I was surprised,” Michigan City Port Authority Board President Jim Jaksa said Monday. “Boaters were a
There was good news for many locals in attendance at last week’s Municipal Advisory Council (MAC) meeting. Regional Parks Director Tom Potter brought great news, as he presented a dredging plan for Lake Gregory. He said they are going forward with a plan for dredging, and are currently waiting for t
The east coast was last night looking forward to being a big winner when potential sites for the next generation of offshore windfarms are announced. Proposed locations around the UK’s coastline are to be revealed today and a leading wind energy expert said he expected the east to be in a prime posi
ATHENS, GREECE–(MARKET WIRE)–Jun 3, 2008 — Star Bulk Carriers Corp. (NasdaqGM:SBLK – News), announced today that it has entered into a definitive agreement to acquire the Capesize bulk carrier Falcon Cape, of 150,940 dwt, built in Japan in 1991, for approximately $87.2 million. The acquisition will
FRISCO, Texas–(BUSINESS WIRE)–Transplace, a leading provider of transportation management services and logistics technology, held its first Customer Advisory Board meeting with key customers to further elevate strategic relationships. Transplace executives met with eight customers during its annual
SALT LAKE CITY–(BUSINESS WIRE)–Deep Blue Marine Inc. (Pink Sheets: DPBE – News) is preparing to sell off their first round of artifacts recovered from a ship that fought in the War of Independence for America.
CHARLOTTE, N.C., June 3 /PRNewswire-FirstCall/ — Horizon Lines, Inc. (NYSE: HRZ – News) announced that its shareholders of record as of the close of business on April 7, 2008 have elected three Class III directors. Thomas P. Storrs, James W. Down and Charles G. Raymond were elected to serve for thre
A New Zealand maritime union has welcomed the government’s plans to invest NZ$36 million (US$28 million) in coastal shipping. The ITF-affiliated Maritime Union of New Zealand (MUNZ) has claimed that the release of the government’s final domestic shipping strategy, “Sea Change”, last week was a posit
Rotterdam, the Netherlands, 2 June 2008 Royal Vopak (Vopak) has sold Vopak Barging Europe to Interstream Barging, an existing joint venture of Vopak and Van der Sluijs Groep. In this way, Interstream Barging, which is established in Dordrecht (the Netherlands) and Düsseldorf (Germany), will extend i
Torstein Dale Sjøtveit has been appointed new president and CEO for Aker Yards ASA. Sjøtveit comes from the global industrial company Norsk Hydro, and brings a strong international top management experience. He will start in his new position with Aker Yards at the latest 1 September 2008. Torstein D
