Maritime/Shipbuilding Newswire
Celebrity Cruises Invites Guests to 'Fall' for Northeast in 2009
MIAMI, March 27 PRNewswire-FirstCall — Featuring 10 unforgettable ports and an overnight stay in Quebec City, Celebrity Cruises' 2009 Canada/New England sailings are a must for cruise enthusiasts who swoon at the sight of autumn foliage. The cruises open for booking today. Although just...
Connecticut Businesswoman Petitions the Canadian Government to Offer Federal Buyback to Sealers; She Urges Americans to Support Canadian Seafood Boycott and Asks Wal-Mart to Join it
NEW CANAAN, Conn., March 27 PRNewswire-USNewswire — Cathy Kangas, who in 2006 offered the Canadian government $16 million to stop the seal hunt, today urged the sealers to ask for a Federal buyback of their sealing licenses. The quota for this year's hunt are 275,000 harp seals...
Bimini Bay Resort and Marina Unveils Largest Marina in Bahamas, Plus Additional Luxury Suites & Villas
BIMINI, Bahamas-(Business Wire)-March 27, 2008 - Bimini Bay Resort located on North Bimini, famous for being the gateway to the Bahamas, announces its brand new Mega Yacht Marina accommodating up to 200-ft. yachts and the addition of luxury suites and villas. From deep sea to bone fishing, Bimini...
Cheniere's Celestine River Sails from Nigeria with Cool Down Cargo for Sabine Pass
HOUSTON-(Business Wire)-March 27, 2008 - Cheniere Energy, Inc. (AMEX:LNG) announced today that the Celestine River LNG vessel has departed from the Nigeria LNG terminal fully laden with her first cargo of liquefied natural gas. She will arrive at the Sabine Pass LNG terminal around April 12, 2008...
Deep Down Focuses on Investor Relations and Market Awareness
HOUSTON, March 27 PRNewswire-FirstCall — Deep Down, Inc. (OTCBB: DPDW) today announced recent activities it has engaged in to increase awareness to the institutional marketplace of its unique position in the offshore services industry. Deep Down recently hired Steven M. Haag to serve...
Bureau of Reclamation Projects Water Levels at Lake Powell to Rise, Castle Rock Cut Forecasted to Open by June 2008
PAGE, Ariz.-(Business Wire)-March 27, 2008 - Heavy snowfall in the West this winter is projected to have a positive impact on water levels at Lake Powell, according to the Bureau of Reclamation. Most significantly it means that by June or earlier Castle Rock Cut, a popular shortcut on the lake...
Jig-A-Loo Continues to Build Its Moto Sports Portfolio as a Sponsor of the 2008 Poker Runs America Season Opener
ST. PETERSBURG, Fla., March 27 PRNewswire — Jig-A-Loo, the #1 all- around lubricant, announced today that it will be sponsoring the season opener of the 2008 Poker Runs America. The offshore event attracts the very best in Poker Runs competitors and Jig-A-Loo will be a featured...
SAIC Awarded $32 M Contract by Naval Surface Warfare Center Crane Division
SAN DIEGO and MCLEAN, Va., March 27 PRNewswire-FirstCall — Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a contract by Crane Division, Naval Surface Warfare Center (NSWC Crane) to provide engineering and technical services in support of...
United Components Reports Results of Operations for Fourth Quarter 2007
EVANSVILLE, Ind.-(Business Wire)-March 26, 2008 - United Components, Inc. ("UCI") today announced results for the fourth quarter ended December 31, 2007. Revenue of $240.6 million increased $17.9 million, or 8.1%, compared to the year-ago quarter. The company reported revenue increases in the...
Eutelsat and Speedcast Announce the Launch of a New Global Maritime Broadband Service
SINGAPORE, March 26 PRNewswire-FirstCall — On the occasion of Asia Pacific Maritime, Eutelsat Communications (Euronext Paris: ETL) and SpeedCast announce they are jointly launching a new maritime broadband communications service addressing the commercial shipping sector. The partnership...
Wataire International Invited To Present to US Department Of Defense Foreign Comparative Testing Program
WOODLAND HILLS, Calif.-(Business Wire)-March 26, 2008 - Wataire International Inc. (the "Company" or "Wataire") (Pink Sheets:WTAR) is pleased to announce that we were selected as one of the primary technology companies presenting to a Military delegation from Washington, D.C. last month in...
Top Ships Announces Two New Time-Charter Contracts for Its Panamax Drybulk Vessels
ATHENS, Greece, March 26 PRNewswire-FirstCall — TOP Ships Inc. (Nasdaq: TOPS) announced today that it has entered into a time-charter contract with a Korean charterer for the M/V Cyclades, a 75,681 DWT Panamax drybulk vessel, built in 2000 in Japan. The vessel is expected to commence...
GE Corporate Lending Provides $98.7 Million Credit Facility to Rand Logistics, Inc.
NORWALK, Conn.-(Business Wire)-March 26, 2008 - GE Commercial Finance Corporate Lending today announced it provided $98.7 million in financing to Rand Logistics, Inc., a bulk freight shipping services provider. The financing, which includes both U.S. and Canadian senior secured credit facilities...
Coda Octopus Says Jacksonville to Become First US Port to Deploy New Technology to Prevent an Underwater Terrorist Attack
NEW YORK-(Business Wire)-March 26, 2008 - Coda Octopus Group, Inc. (OTCBB: CDOC), headquartered here, today announced the first deployment in the United States by a local law enforcement agency since the 9/11 attacks of a new generation of port security technology to respond to underwater threats...
SteriMed System Completes Successful U.S. Navy Shipboard Evaluation
HACKENSACK, N.J.-(Business Wire)-March 26, 2008 - Caprius, Inc.'s (OTCBB: CAPS) subsidiary, M.C.M. Environmental Technologies, Inc. ("MCM"), announced that a United States Navy LHD ship with a modified MCM SteriMed Junior System deployed on board has completed its shipboard evaluation and has...
Findaport.net Releases World's First 'Port Finder' Service. New Online Service Targets Travel and International Logistics Industries, Finds the Nearest Airport or Seaport to any Location Worldwide
SEATTLE, March 26 PRNewswire — Findaport.net, Inc. has released the world's first "port finder" service for locating the closest airport or seaport to virtually any community in the world. The proprietary online service, which can be found online at http://www.findaport.net, promises to...
Seafood Industry Leaders Oppose Proposed Monopoly
PORTLAND, Ore.-(Business Wire)-March 25, 2008 - During the week of June 9, the Pacific Fishery Management Council will vote on new regulations for the West Coast groundfish and Pacific whiting fisheries that will have a far-reaching impact. Under consideration is an individual quota system in...
Odyssey's SHIPWRECK! Pirates & Treasure Drops Anchor at the Detroit Science Center
TAMPA, Fla.-(Business Wire)-March 25, 2008 - Odyssey Marine Exploration (Nasdaq:OMEX), the world leader in the field of deep-ocean shipwreck exploration, has dropped anchor at the Detroit Science Center where it opened its SHIPWRECK! Pirates & Treasure exhibit on Saturday, March 22, 2008...
UPS Names Management Team for Global Freight Forwarding
ATLANTA-(Business Wire)-March 25, 2008 - UPS (NYSE:UPS) has announced a new senior management team to oversee its freight forwarding, global brokerage and non-asset network management services, naming Eric W. Kirchner the president of Freight Forwarding. The appointment of Kirchner and two other...
Carnival Offering All-Inclusive Cruise/Air Packages to Europe Starting at $2,399 Per Person
MIAMI, March 25 PRNewswire-FirstCall — For those seeking a more affordable way to see Europe this summer, Carnival Cruise Lines is offering special cruise/air packages for its 12-day "Grand Mediterranean" and "Mediterranean, Greece & Turkey" cruises aboard the 2,974-passenger...
Deep Down Ships $1.5 Million of Innovative Subsea Hardware
HOUSTON, March 25 PRNewswire-FirstCall — Deep Down, Inc. (OTC Bulletin Board: DPDW) announced today, in a continuing effort to create installation-friendly, solution-oriented products for its clients, that it has custom-engineered, produced, and shipped BS Latcher receivers and...
Planar Announces First Marine Display with Integrated Touch Screen
BEAVERTON, Ore.-(Business Wire)-March 25, 2008 - Planar Systems, Inc. (NASDAQ:PLNR), a worldwide leader in specialty display solutions, today announced the new Planar LX Mariner series. Designed with innovative features to meet the challenges of unpredictable marine environments, the Planar...
Bags To Go Introduces Florida Cruise-Goers to Affordable and Convenient Online Planning of Baggage Check-In
FORT LAUDERDALE, Fla.-(Business Wire)-March 25, 2008 - Bags To Go(TM) Enterprises, a leader in advanced airport luggage check-in services, now offers Fort Lauderdale cruise-goers an affordable and convenient online planning option for baggage and flight check-in. The service, introduced in...
Research and Markets: The Solent is One of Britain's Most Popular Sailing Spots Which Offers a Varied and Interesting Cruising Ground
DUBLIN, Ireland-(Business Wire)-March 25, 2008 - Research and Markets has announced the addition of "The Solent Cruising Companion, 2nd Edition" to their offering. In this latest edition, Derek Aslett provides an authoritative companion that helps you make the most of your visit. Covering the...
Splinternet Introduces GammaTect Plus(TM) to the Radiation Detection Marketplace to Protect Against Dirty Bombs
NORWALK, Conn.-(Business Wire)-March 25, 2008 - Splinternet Holdings, Inc., (OTC BB: SLNH.OB) announced today a highly sophisticated integrated gamma radiation detection sensor system called GammaTect Plus(TM), in the fight against the potential threat of a dirty bomb. The quantities of...
DEX Provides Complete Supply Chain Solution for GE Security's CommerceGuard Product
CAMARILLO, Calif.-(Business Wire)-March 25, 2008 - DEX(R) (Data Exchange Corporation), a leading supply chain solutions provider for high-tech industries, announced today that it is managing the reverse and forward logistics process for GE Security, Inc.'s CommerceGuard(TM) Container Security...
Military Sea Services to Present New Maritime Strategy to Denver Community on March 27th
DENVER, March 25 PRNewswire-USNewswire — Senior Officers from the U.S. Navy, Marine Corps and Coast Guard will present the new maritime strategy known as "A Cooperative Strategy for 21st Century Seapower" to more than 180 of Denver's business and community leaders at the Marriott City...
Aries Maritime Transport Limited Announces Sale of Two Container Vessels and Provides Dividend Update
ATHENS, Greece, March 24 PRNewswire-FirstCall — Aries Maritime Transport Limited (NASDAQ: RAMS) today announced it has reached an agreement to sell both the Energy 1, a 1989-built container vessel, and its sister ship, the MSC Oslo, to an unrelated third party for a net price totaling...
PMSA Applauds Approval of the Fuel-Incentive Program by the Ports of Los Angeles and Long Beach
LOS ANGELES-(Business Wire)-March 24, 2008 - Pacific Merchant Shipping Association (PMSA) applauds the Los Angeles and Long Beach ports unanimous decision today to approve an incentive program introduced by PMSA to reduce emissions at the two Southern California ports. Under the voluntary...
PROS Hosts Industry-Leading Pricing Optimization Summit
HOUSTON-(Business Wire)-March 24, 2008 - PROS, a world leader in pricing and revenue optimization science and software, today announced the 14th Annual PROS Pricing Excellence Summit will take place on April 20-23, 2008 at the Hilton Americas in Houston, Texas. With over 80 targeted sessions...
CORRECTED: Book Now for the Historic Freedom Schooner Amistad's Arrival in Barbados
NEW YORK, March 21 PRNewswire — Visitors to Barbados during April 4th - 20th, 2008 can witness a momentous part of history as the legendary historic Freedom Schooner, Amistad, makes its port of call in Barbados commemorating the 200th anniversary of the abolition of the Atlantic slave...
General Dynamics Awarded $325 Million for Virginia-Class Submarine Advance Procurement
GROTON, Conn., March 21 PRNewswire-FirstCall - The U.S. Navy has awarded General Dynamics Electric Boat a $324.9 million contract modification to buy long lead time material (LLTM) for the FY 09 Virginia-Class submarine, SSN-784 and the FY 11 submarine, SSN-787. Electric Boat is a wholly...
Wall Street Media Presents a Video of Michael Pearson, President and CEO of Orion Marine Group (NASDAQGM: OMGI)
NEW YORK-(Business Wire)-March 20, 2008 - Wall Street Media is presenting an exclusive highlight video from the presentation of Michael Pearson, President and CEO of Orion Marine Group (NASDAQGM:OMGI) from the BB&T Capital Markets Manufacturing and Materials Conference held on Thursday, March 20...
Overseas Shipholding Group, Inc. Announces Investor Event
NEW YORK-(Business Wire)-March 20, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, announced today that Morten Arntzen, President and Chief Executive Officer, and members of the OSG management team, will speak to investors and...
General Finance Corporation Acquires Container Assets of Container Hire and Sales in Perth and Amends Its Credit Facility With ANZ in Australia
PASADENA, Calif., March 20 PRNewswire-FirstCall — General Finance Corporation (the "Company") (Amex: GFN, GFN.WS, GFN.U) and RWA Holdings Pty Limited ("Royal Wolf"), its indirect 86.2%-owned subsidiary that is the largest seller and lessor of storage containers in Australia, today...
Aegean Marine Petroleum Network Inc. to Launch U.K. Service Center on April 1
PIRAEUS, Greece, March 20 PRNewswire-FirstCall — Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it expects to commence physical supply operations at its new service center located in the United Kingdom on April 1, 2008. The launch of Aegean's latest service...
Eurodam Debuts New Dining Choices
SEATTLE, March 20 PRNewswire — Augmenting its elegant main dining room, the innovative Lido and the Pacific Northwest-themed Pinnacle Grill, the ms Eurodam will expand its dining choices to include restaurants featuring Asia and Italian cuisine, as well as a French-themed terrace grill...
Brunswick Announces Sale of Baja Marine Assets to Fountain Powerboats
LAKE FOREST, Ill., March 20 PRNewswire-FirstCall — Brunswick Corporation (NYSE: BC) today announced the signing of a letter of intent to sell certain assets relating to its Baja boat business to Fountain Powerboat Industries, Inc., of Washington, N.C. Terms of the agreement were not...
L-3 to Exhibit New Technologies at Navy League Sea-Air-Space Exposition
NEW YORK-(Business Wire)-March 20, 2008 - L-3 Communications (NYSE: LLL) will exhibit new naval technology at this year's Navy League Sea-Air-Space Exposition. The Power Node Control Center(R) (PNCC) is a revolutionary integrated power system designed to provide seamless power transfer, robust fault...
Get Ready to Set Sail for SHIPWRECK! Pirates & Treasure at the Detroit Science Center
DETROIT, March 20 PRNewswire — Get ready to embark on an amazing quest for deep-ocean treasure when Odyssey's SHIPWRECK! Pirates & Treasure opens at the Detroit Science Center March 22, 2008. Online tickets for this one-of-a-kind exhibition are now on sale at...
Celebrity Cruises' Biggest Europe Season Ever
MIAMI, March 20 PRNewswire-FirstCall — With its largest European deployment ever slated for 2009, Celebrity Cruises is offering guests the opportunity to paint their idea of the perfect vacation — by numbers, that is. Five ships, including two new vessels, will visit the region in...
Carnival Corporation & plc Reports First Quarter Earnings
MIAMI, March 20 PRNewswire-FirstCall — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported net income of $236 million, or $0.30 diluted EPS, on revenues of $3.2 billion for its first quarter ended February 29, 2008. Net income for the first quarter of 2007 was $283...
Suntron and Honeywell Extend Contract
PHOENIX-(Business Wire)-March 20, 2008 - Suntron Corporation, a leading provider of integrated electronics manufacturing solutions (EMS), announced today that Suntron and Honeywell International have completed a contract extension for two and one-half years. Suntron's manufacturing services for...
Cal Dive to Present at Bank of America 2008 Smid Cap Conference
HOUSTON-(Business Wire)-March 19, 2008 - Cal Dive International, Inc. (NYSE:DVR) will discuss its strategy and expectations for 2008 on Thursday, March 27, 2008, at the Bank of America 2008 Smid Cap Conference at the Four Seasons Hotel in Boston, MA. The presentation will begin at 10:30 a.m...
TOP Ships Announces 1:3 Reverse Share Split
ATHENS, Greece, March 19 PRNewswire-FirstCall — TOP Ships Inc. (Nasdaq: TOPS) today announced that at a special meeting of shareholders held on March 13, 2008, the Company's shareholders approved a 1:3 reverse stock split. The reverse share split is expected to be effective on March...
HMAS Sydney II and HSK Kormoran Discovery Press Release
SEATTLE, March 19 PRNewswire — The HMAS Sydney (II) was tragically lost in November 1941 off Western Australia with its entire crew, following a fierce engagement with the German raider HSK Kormoran. The discovery was announced on Monday March 17th, 2008 that the Royal Australian Navy...
TOP Ships Announces Sale of the M/T Faultless
ATHENS, Greece, March 19 PRNewswire-FirstCall — TOP Ships Inc. (Nasdaq: TOPS) announced today that it has entered into an agreement to terminate its bare-boat charter for the Suezmax tanker Faultless (DWT 154,970, built 1992), after sale of the vessel from its owners to a third party...
New SCOR(R) Certification Program Launched to Standardize and Spotlight Proficiency in Measuring and Managing Global Supply-Chains
MINNEAPOLIS-(Business Wire)-March 19, 2008 - The Supply-Chain Council (SCC), a global not-for-profit consortium and owner of the Supply-Chain Operations Reference (SCOR(R)) Model, announces the launch of its new SCOR Certification Program for supply chain professionals. The certification, formally...
Odyssey Explorer Completes Repairs And Upgrades And Mobilizes For Upcoming Project Operations
TAMPA, Fla.-(Business Wire)-March 19, 2008 - Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) today announced that following a scheduled winter maintenance period, its recovery vessel Odyssey Explorer has completed routine repairs and extensive upgrades and is mobilizing for upcoming project...
Intergraph(R) Design and Data Management Technologies and World Trade Center Steel Used in USS New York, Newest U.S. Navy LPD Ship
HUNTSVILLE, Ala.-(Business Wire)-March 19, 2008 - Displaying the motto "Strength forged through sacrifice. Never forget" and containing seven and a half tons of steel recovered from the World Trade Center, the USS New York was christened. It is the latest ship in the Navy's LPD (Landing Platform...
Laser Atlanta Awarded Patent for Nautical Collision Avoidance Technology
ATLANTA-(Business Wire)-March 19, 2008 - Laser Atlanta, a leading developer of precision laser measurement products, announced it was awarded U.S. patent 7,286,955 for its proprietary Ship Proximity Measurement System (SPROX) technology. The SPROX was originally developed for the U.S. Navy for...
TECO Energy Announces Webcast of Update to the Financial Community
TAMPA-(Business Wire)-March 19, 2008 - TECO Energy, Inc. (NYSE:TE) today announced that it plans to Webcast an update to the financial community on Thursday March 27, 2008 at 8:00 AM Eastern time. TECO energy plans to update its 2008 outlook, the outlook for coal markets and the company's...
Research and Markets: The Finaval S.p.A. Strategic Analysis Profile Is a Comprehensive Profile of the Company Including Both Quantitative and Qualitative Research
DUBLIN, Ireland-(Business Wire)-March 19, 2008 - Research and Markets has announced the addition of "Finaval S.p.A. Strategic Analysis Profile" to their offering. The Finaval S.p.A. Strategic Analysis Profile is a comprehensive profile of the company including both quantitative and qualitative...
American Commercial Lines Announces Executive Appointment
JEFFERSONVILLE, Ind., March 19 PRNewswire-FirstCall — American Commercial Lines Inc. (Nasdaq: ACLI) ("ACL" or the "Company") The Board of Directors of American Commercial Lines Inc. today announced the appointment of Thomas R. Pilholski to the position of Senior Vice President and Chief...
Wilson Sons Reaches Net Revenue of US$404 Million in 2007
RIO DE JANEIRO, March 19 PRNewswire-FirstCall — Wilson Sons Limited (Bovespa: WSON11), one of the largest integrated operators of port and maritime logistics and supply chain solutions provider in the Brazilian market, registered a net revenue of US$404 million in the 2007, up 20.9...
PMSA Partnership to Reduce Ship Emissions
SAN FRANCISCO-(Business Wire)-March 18, 2008 - Today, PMSA announced its partnership with the Port of Long Beach and Port of Los Angles on a program that provides financial incentives to vessel operators to voluntarily use cleaner-burning, low-sulfur fuel within the ports. Under the voluntary...
Overseas Shipholding Group to Present at JPMorgan Aviation & Transportation Conference
NEW YORK-(Business Wire)-March 18, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, announced today that Morten Arntzen, President and Chief Executive Officer, will present at the JPMorgan Aviation & Transportation Conference...
ATS Corporation Awarded $3.1 million U.S. Coast Guard Contract
MCLEAN, Va.-(Business Wire)-March 18, 2008 - ATS Corporation ("ATSC" or "the Company") (OTCBB:ATCT), a leading information technology company that delivers innovative technology solutions to government and commercial organizations, today announced the award of a new contract with the U.S. Coast...
Textron Names Dr. Fu Yuning to International Advisory Council
PROVIDENCE, R.I.-(Business Wire)-March 18, 2008 - Textron Inc. (NYSE:TXT) today announced that it has named Dr. Fu Yuning, director and president of China Merchants Group as the newest member of Textron's International Advisory Council (IAC). In this role, Dr. Fu will serve as an advocate to help...
WindPath Fractional Launches Into the Power Boat Market With Back Cove Yachts
STAMFORD, Conn., March 18 PRNewswire — WindPath, the luxury fractional yachting company and Back Cove Yachts today announce their exclusive relationship in the fractional yachting market. The new agreement makes elegantly beautiful and stoutly built Back Cove Yachts available from all...
Tideworks Technology Opens Regional Representative Office in Singapore
SEATTLE-(Business Wire)-March 18, 2008 - Tideworks Technology(R) Inc., a leading provider of full-service terminal management and planning software solutions, today announced it has opened a regional representative office in Singapore. Thiagu Goundan will act as Regional Director, Asia Pacific for...
Raytheon Awarded $89 million for Airborne Low Frequency Sonar
TEWKSBURY, Mass., March 18, 2008 PRNewswire — Raytheon Company (NYSE: RTN) has received two U.S. Navy contracts with a total value of $89 million for the AN/AQS-22 Airborne Low Frequency Sonar system, the primary undersea warfare sensor for the U.S. Navy's MH-60R multi-mission...
Raytheon Delivers SeaRAM to USS Independence
LOUISVILLE, Ky., March 18, 2008 PRNewswire — Raytheon Company (NYSE: RTN) has delivered its SeaRAM anti-ship missile defense weapon system for installation aboard the littoral combat ship USS Independence (LCS-2). Currently under construction by General Dynamics, the Independence will...
Mercury Computer Systems to Showcase Edge Computational Capabilities for C4ISR Systems at Navy League Expo
WASHINGTON, March 18 PRNewswire-FirstCall — In the air, on land, and in the sea — Mercury Computer Systems, Inc. (NASDAQ: MRCY) continues a 25-year tradition of applying its domain expertise and systems engineering prowess to discovering and developing innovative solutions for the...
Tsakos Energy Navigation (TEN) Increases 2007 Dividend by 25% and Reports EPS of $4.81 for Full Year 2007 and $1.37 for Fourth Quarter 2007
ATHENS, Greece, March 18 PRNewswire-FirstCall — TSAKOS ENERGY NAVIGATION LIMITED (TEN) (NYSE: TNP) today reported results for the full year and fourth quarter ended December 31, 2007. Net income was $183.2 million for 2007 as compared with $196.4 million for 2006. Basic earnings per...
Veteran Maritime Attorney Reveals Horrors That Occur Aboard Cruise Ships
MIAMI, March 18 PRNewswire — Cruise lines are more focused on making a profit than protecting passengers, says a veteran maritime attorney, who says vacationers must take steps to protect themselves from the crimes and tragedies that could befall them at sea. "More than 12 million...
Tsakos Energy Navigation Ltd. to Present at Upcoming Conferences in New York City
ATHENS, Greece, March 17 PRNewswire-FirstCall — Tsakos Energy Navigation Ltd. ("TEN") (NYSE: TNP), announced today that members of the management team will be presenting at two conferences this week. On March 19, the Company will present at the JPMorgan Aviation & Transportation...
Kirby Corporation 2008 First Quarter Net Earnings to Exceed $.66 Per Share
HOUSTON, March 17 PRNewswire-FirstCall — Kirby Corporation ("Kirby") (NYSE: KEX) announced today that it expects its 2008 first quarter net earnings to exceed $.66 per share, above the top end of Kirby's earnings guidance of $.57 to $.62 per share, and substantially above 2007 first...
Safety Vision, L.P. Announces Michael Ondruch as New Chief Financial Officer
HOUSTON-(Business Wire)-March 17, 2008 - Safety Vision, a global provider of mobile digital video solutions, has announced the addition of Michael Ondruch as Chief Financial Officer. As CFO, Ondruch will forge a business strategy leadership role within the company while serving as financial...
General Maritime Corporation to Present at JPMorgan Aviation & Transportation Conference
NEW YORK, March 17 PRNewswire-FirstCall — General Maritime Corporation (NYSE: GMR) announced today that the Company's Chief Financial Officer, Jeffrey D. Pribor, is scheduled to present at the JPMorgan Aviation & Transportation Conference in New York on Wednesday, March 19, 2008...
Ship Pilot Charged in San Francisco Bay Oil Spill Case
WASHINGTON, March 17 PRNewswire-USNewswire — John Joseph Cota, the pilot of the Cosco Busan, the 65,131-ton container ship that collided with the San Francisco Bay Bridge resulting in the discharge of approximately 58,000 gallons of oil, was charged today with violations of the Clean...
Horizon Lines, Inc. Revises Record Date for 2008 Annual Stockholder Meeting
CHARLOTTE, N.C., March 17 PRNewswire-FirstCall — Horizon Lines, Inc. (NYSE: HRZ) announced that its Board of Directors has revised the record date for its 2008 Annual Stockholder Meeting. The company will hold its 2008 Annual Stockholder Meeting on Tuesday, June 3, 2008 in Charlotte...
New SCOR(R) 9.0 Release Includes Expanded Risk Management Capabilities and Addresses Sustainability Efforts
MINNEAPOLIS-(Business Wire)-March 17, 2008 - The Supply-Chain Council (SCC), a global not-for-profit standards organization, announced the release of version 9.0 of its Supply-Chain Operations Reference (SCOR(R)) Model. This major update, formally launched this week at SCC's Supply-Chain World...
Deep Blue Marine Inc. Forms Relationship with Golden Boards
SALT LAKE CITY-(Business Wire)-March 17, 2008 - Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the company has made goldenboards.com the official investor forum for all DPBM shareholders. We believe it is vital for our investors to have a progressive platform to communicate...
Officine Panerai Sponsors Antigua Classic Yacht Regatta for Third Consecutive Year
NEW YORK, March 17 PRNewswire — Officine Panerai is proud to maintain its position as Platinum Sponsor as well as official timekeeper of the 21st annual Antigua Classic Yacht Regatta. The event is hosted by the Antigua Yacht Club in Antigua, West Indies, where, amid crystal-clear...
Nation's First Littoral Combat Ship Powers Up
MARINETTE, Wis., March 17 PRNewswire — The nation's first Littoral Combat Ship, Freedom (LCS 1), has successfully completed another testing milestone with the "light off" and test of the new warship's electric plant. The first ship in its class, the agile, 377-foot Freedom was...
American Bureau of Shipping Approves SSPC Protective Coatings Inspector (PCI) Program
- Program deemed equivalent to NACE and FROSIO inspector programs PITTSBURGH, March 17 PRNewswire-USNewswire — SSPC: The Society for Protective Coatings is pleased to announce that effective February 11, 2008, the American Bureau of Shipping (ABS), the world's 2nd largest commercial...
Diana Shipping Inc. Files 2007 Annual Report
ATHENS, GREECE, March 17 PRNewswire-FirstCall — Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the transportation of dry bulk cargoes, on March 14, 2008, filed its 2007 Annual Report on Form 20-F with the United States Securities and Exchange Commission...
General Dynamics Awarded $9 Million to Continue Work on Navy's Surface Electronic Warfare Improvement Program
FAIRFAX, Va., March 17 PRNewswire — The Naval Sea Systems Command has awarded General Dynamics Advanced Information Systems an $8.89 million contract modification to continue system integration efforts for the Surface Electronic Warfare Improvement Program (SEWIP). General Dynamics...
Raymarine Names Sal Alfano Pro Ambassador of the Year
MERRIMACK, N.H., March 17 PRNewswire — Raymarine, Inc., a world leader in marine electronics, today announced that Sal Alfano has been named the 2007 Raymarine Pro Ambassador of the Year. The annual award recognizes exceptional Pro Ambassadors for their work representing and...
CSC Wins $45 Million U.S. Navy Contract to Expand SureTrak System for Maritime Surveillance
EL SEGUNDO, Calif., March 17 PRNewswire-FirstCall — Computer Sciences Corporation (NYSE: CSC) announced today that it has won a contract to expand the scope of its SureTrak surveillance system for the Naval Air Systems Command, located in Lexington Park, Md. CSC estimates the value...
Talks Begin on New West Coast Waterfront Labor Pact
SAN FRANCISCO, March 17 PRNewswire The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) will begin negotiations today on a new waterfront labor contract. The current six-year contract expires on July 1, 2008 and covers 25,000 ILWU-represented...
L-3 Acquires HSA Systems Pty Limited of Australia
NEW YORK-(Business Wire)-March 16, 2008 - L-3 Communications (NYSE: LLL) announced today that it has acquired HSA Systems Pty Limited of Australia, a leading provider of geospatial, marine and electronic systems for maritime and defense customers. HSA has annual sales of approximately $10 million...
Catalina Express Resumes Normal Operations At the Downtown Long Beach Landing
SAN PEDRO, Calif.-(Business Wire)-March 14, 2008 - Catalina Express announces that it will resume service at the Downtown Long Beach Catalina Landing, Friday, March 14, 2008. Over the past two and a half months, the company has operated exclusively out of San Pedro and Dana Point to accommodate...
GE-Transportation Endorses New Tier 3 and 4 Emission Regulations
ERIE, Pa.-(Business Wire)-March 14, 2008 - GE - Transportation, a global technology innovator and supplier to the railroad, marine, mining and wind industries, welcomed the new Tier 3 and 4 emission regulations issued by the United States' Environmental Protection Agency (EPA) today. The new rules...
Hercules Offshore Announces Early Termination of Hart-Scott-Rodino Waiting Period and Partial Closing of Jackup Drilling Rig Acquisition
HOUSTON, March 14 PRNewswire-FirstCall — Hercules Offshore, Inc. (Nasdaq: HERO) today announced that the U.S. Department of Justice and the Federal Trade Commission have granted early termination of the government's pre-merger antitrust review of the transaction under the...
Nikki Beach Resort Opens in Turks & Caicos Islands
MIAMI-(Business Wire)-March 14, 2008 - Nikki Beach, one of the world's most recognizable lifestyle and entertainment brands, is expanding into the luxury boutique hotel and resort business with the introduction of its first full-service resort and marina complex in the Turks & Caicos Islands...
Statement Regarding the Announcement of the Final Rule for Diesel Engines Used in Marine and Locomotive Applications
WASHINGTON, March 14 PRNewswire-USNewswire — Allen Schaeffer, executive director of the Diesel Technology Forum, issued the following statement regarding EPA's final rule announced today covering locomotive and marine engines: "Today's final rule marks yet another milestone in the clean...
SSA Urges USTR to Appeal WTO Rulings
TARPON SPRINGS, Fla., March 14 PRNewswire-USNewswire — A World Trade Organization dispute panel severely weakened the United States' ability to ensure full payment of U.S. import duties in recent rulings against the U.S. enhanced bond requirements on shrimp imports from Thailand and...
GATX Corporation to Present at JPMorgan Conference
CHICAGO-(Business Wire)-March 14, 2008 - GATX Corporation (NYSE:GMT) today announced that Robert C. Lyons, senior vice president and chief financial officer, will present at the JPMorgan Aviation & Transportation Conference in New York on Tuesday, March 18, 2008. The presentation will include an...
Engine Manufacturers Prepared to Implement New Stringent Marine and Locomotive Emission Standards
CHICAGO, March 14 PRNewswire — The Engine Manufacturers Association (EMA) responded to the United States Environmental Protections Agency's (EPA) announcement today that the agency has finalized new emission standards for marine engines and locomotives by indicating that engine...
L-3 Communications Will be a Subcontractor to GLS for Linguist Services
NEW YORK-(Business Wire)-March 14, 2008 - L-3 Communications (NYSE: LLL) announced today that it has agreed to become a subcontractor to Global Linguist Solutions (GLS) for the supply of translation and interpretation services in Iraq. This contract is under the Translation and Interpretation...
Herley Adds $1.2 Million to Contract Award for Complex Integrated Microwave Assemblies for U.S. Electronic Attack Aircraft
LANCASTER, Pa., March 14 PRNewswire-FirstCall — Herley Industries, Inc. (Nasdaq: HRLY) announced today that its Herley New England division in Woburn, Massachusetts, has received an additional award of approximately $1.2 million from a major U.S. defense contractor for the manufacture...
Research and Markets: Comprehensive Study of the National Shipping Company of Saudi Arabia Provides a Breakdown of the Company's Revenue by Segment and Key Geographies
DUBLIN, Ireland-(Business Wire)-March 14, 2008 - Research and Markets has announced the addition of The National Shipping Company of Saudi Arabia Strategic Analysis Profile to their offering. The National Shipping Company of Saudi Arabia Strategic Analysis Profile is a comprehensive profile of...
Landstar to Participate in the JPMorgan Aviation and Transportation Conference
JACKSONVILLE, Fla., March 14 PRNewswire-FirstCall — Landstar System, Inc. (Nasdaq: LSTR), a safety-first non-asset-based provider of transportation capacity and logistics services, announced today its participation in the JPMorgan Aviation and Transportation Conference at the Waldorf...
A/S Dampskibsselskabet TORM - Company Announcement
COPENHAGEN, March 14 PRNewswire-FirstCall — https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAt tachmentId=177744 (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space...
TORM Annual Report 2007 Announcement
COPENHAGEN, March 14 PRNewswire-FirstCall — At the end of 2007, TORM's Board of Directors and Management developed a new strategy, "Greater Earning Power 2.0", which was approved in January 2008. The strategy focuses on continued growth over the next three years, which means that the...
Vic Angoco Promoted to Vice President, Pacific, for Matson Navigation Company
OAKLAND, Calif.-(Business Wire)-March 13, 2008 - Vic Angoco has been promoted to vice president, Matson Navigation Company, and will succeed Gary North as head of the company's operations in the Pacific, including Hawaii, Guam and Micronesia. He will also serve as executive vice president of the...
Gary North Retiring After Four Decade Maritime Career
OAKLAND, Calif.-(Business Wire)-March 13, 2008 - After a maritime career that spanned four decades, including 27 years with Matson Navigation Company, Gary North, senior vice president, Pacific is retiring on April 1. "Gary's contributions to Matson have been enormous and encompassed such milestones...
Odyssey Marine Exploration Announces 2007 Financial Results
TAMPA, Fla.-(Business Wire)-March 13, 2008 - Odyssey Marine Exploration (Nasdaq:OMEX), the world leader in the field of deep-ocean shipwreck exploration, today reported full year 2007 financial results. For the full year 2007, Odyssey reported revenues of $6.2 million, compared to $5.1 million in...
VeriTainer Receives Critical Patent Awards in Asia and New Zealand
SAN FRANCISCO, March 13 PRNewswire — VeriTainer Corporation, the world leader in crane mounted nuclear and radiological maritime security solutions, announced today that it has been awarded international patent protections in Singapore, Taiwan and New Zealand. Singapore is the...
Recreational Boating Industry Applauds Introduction of the Clean Boating Act of 2008
Bill Will Restore Nationwide, Commonsense Exemption, Protect Waterways for Recreational Boaters WASHINGTON, March 13 PRNewswire-USNewswire — The National Marine Manufacturers Association (NMMA) today applauded legislation introduced by Senate Environment and Public Works Chairwoman...
Recreational Boating Industry Applauds Introduction of the Clean Boating Act of 2008
Bill Will Restore Nationwide, Commonsense Exemption, Protect Waterways for Recreational Boaters WASHINGTON, March 13 PRNewswire-USNewswire — The National Marine Manufacturers Association (NMMA) today applauded legislation introduced by Senate Environment and Public Works Chairwoman...
Double Hull Tankers, Inc. Has Filed Form 20-F for 2007 with the US Securities and Exchange Commission
ST. HELIER, JERSEY, Channel Islands-(Business Wire)-March 13, 2008 - Double Hull Tankers, Inc. (NYSE:DHT) has filed its 2007 annual report on Form 20-F with the US Securities and Exchange Commission. The report and the audited financial statements are available in pdf-format at www.dhtankers.com...
Hercules Offshore to Present at Citi Small & Mid-Cap Conference
HOUSTON, March 13 PRNewswire-FirstCall — Hercules Offshore, Inc. (Nasdaq: HERO) announced today that Stephen M. Butz, Vice President Finance and Treasurer, will present at the Citi Small & Mid-Cap Conference in Las Vegas, Nevada, on Monday, March 17, 2008, at 2:25 p.m. PDT (5:25...
Ryan Harrington Joins MHF Logistical Solutions as Director of Vertical and Industrial Commodities Sales
PITTSBURGH, March 13 PRNewswire — MHF Logistical Solutions Inc. (MHF- LS), a leading provider of packaging, transportation and logistics, announced today that Ryan Harrington has joined MHF-LS as the new director of vertical and industrial commodities sales. A performance and...
Sumerset Houseboats Features LINE-X(R) Protective Coatings at the National Houseboat Expo
SANTA ANA, Calif., March 13 PRNewswire — LINE-X(R) Franchise Development Corporation, the nation's leading providers of spray-on protective coatings, is pleased to announce they will be featured on a Sumerset Houseboat exhibiting in the National Houseboat Expo in Louisville, KY March...
Horizon Lines Appoints New General Manager to Oversee Expected Trade Growth in Guam
CHARLOTTE, N.C., March 13 PRNewswire-FirstCall — Horizon Lines, Inc. (NYSE: HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has announced the appointment of Hugh Healey to the position of General Manager, Guam. Mr. Healey will be responsible for...
TOP Ships Reports Fourth Quarter and Fiscal Year 2007 Financial Results
ATHENS, Greece, March 13 PRNewswire-FirstCall — TOP Ships Inc. (Nasdaq: TOPS) today announced its operating results for the fourth quarter and the fiscal year ended December 31, 2007. For the three months ended December 31, 2007, the Company reported net loss of $37,439,000, or $0.89...
Federal Judge Advances Odyssey's Shipwreck Cases
TAMPA, Fla.-(Business Wire)-March 12, 2008 - Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) today announced that United States Magistrate Judge, Mark Pizzo, has issued orders in three pending Admiralty cases that the Company believes will help to expeditiously move these cases forward. Two of the...
Tactical Solution Partners Announces Provision of Advanced Training Evaluation Services for US Navy
HANOVER, Md.-(Business Wire)-March 12, 2008 - Tactical Solution Partners, Inc. (OTCBB: TTSR), an innovative homeland security technology and services firm, today announced the completion of additional training evaluation services under a United States Navy program to provide personnel with...
Markel American Insurance Company Announces Enhancement of Markel High Performance Program on MAGIC System
WAUKESHA, Wis., March 12 PRNewswire-FirstCall — Markel American Insurance Company today announced the enhancement of their Markel High Performance Insurance program that provides coverage for boats with speeds up to 120 mph. This program, the longest-running program for insuring high...
Todd Shipyards Corporation Announces Award of Contract to Overhaul USNS Guadalupe (T-AO 200)
SEATTLE-(Business Wire)-March 12, 2008 - Todd Shipyards Corporation (NYSE:TOD) announced today its wholly owned subsidiary, Todd Pacific Shipyards Corporation ("Todd Pacific") was awarded a contract by the Military Sealift Fleet Support Command to perform mid-term availability work on the fleet...
ACL to Present at JP Morgan Aviation & Transportation Conference
JEFFERSONVILLE, Ind., March 12 PRNewswire-FirstCall — American Commercial Lines Inc. (Nasdaq: ACLI) ("ACL" or the "Company") announced today that it will be a presenter at JP Morgan Aviation & Transportation Conference in New York City on March 19, 2008. Michael P. Ryan, President...
Aegean Marine Petroleum Network Inc. to Present at Bear Stearns 2nd Annual Global Oil & Gas Conference
PIRAEUS, Greece, March 12 PRNewswire-FirstCall — Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that the Company's President, E. Nikolas Tavlarios, is scheduled to present at the Bear Stearns 2nd Annual Global Oil & Gas Conference in New York on Wednesday, March...
Jeppesen Purchases Ocean Systems, Inc. to Grow Marine Business
ENGLEWOOD, Colo., March 12 PRNewswire — Jeppesen today announced the purchase of Ocean Systems, Inc., a leading provider of vessel and voyage optimization solutions. Ocean Systems will become a part of Jeppesen's marine division. Jeppesen is a wholly-owned subsidiary of Boeing...
LOG-NET Announces Hanjin Shipping as the 2007 LOG-NET e-commerce Excellence Award Winner for Second Year in a Row
RED BANK, N.J., March 12 PRNewswire — LOG-NET, Inc., an industry leader in international enterprise supply chain software solutions, announced that Hanjin Shipping Corporation, one of the major contributors to global marine transport, was named the recipient of the annual LOG-NET...
Water Standard Company Secures $250 Million Commitment in Funding for Environmentally Responsible Desalination Process
HOUSTON, March 12 PRNewswire — Water Standard Company (WSC) today announced that it has received commitments of up to $250 million in equity to develop its Seawater Desalination Vessels, whose environmentally focused technology can help ease the world's growing water crisis and bring...
AllSAFE Urges Continued Research on Ethanol (E20) Impacts, Urges Safety as a Priority
WASHINGTON, March 12 PRNewswire — AllSAFE, a group representing manufacturers of outdoor power equipment, marine manufacturers, small engine manufacturers as well as motorcycle and automobile manufacturers, cautions that much more work needs to be done to evaluate whether mid-level...
SSA Terminals Selects ContainerTrac's Position Detection System
EMERYVILLE, Calif.-(Business Wire)-March 12, 2008 - ContainerTrac, Inc., provider of highly accurate, in-yard container positioning solutions, announced today it has reached agreement with SSA Terminals to install its cell-level accurate Position Detection System (PDS) at SSA Terminals' Port of...
Boats.com and YachtWorld.com are 'Ship-Shape' With Salesforce.com
SAN FRANCISCO, March 12 PRNewswire-FirstCall — Salesforce.com (NYSE: CRM), the market and technology leader in Software-as-a-Service and Platform-as-a-Service, today announced that Boats.com and YachtWorld.com are leveraging Salesforce Software-as-a-Service (SaaS) CRM to expand their...
BOURBON : Sharp Increase in 2007 Results
PARIS, March 12 PRNewswire-FirstCall — - Revenues +26.5% to EUR769.7m - Operating Income +34.8% to EUR214.2m - Net Income Group Share +155.6% to EUR390.8m "Financial performance in 2007 was very satisfactory," declares Jacques de Chateauvieux, Chairman and Chief Executive Officer of...
Ambassadors International, Inc. Reports Full Year and Fourth Quarter 2007 Financial Results
NEWPORT BEACH, Calif., March 11 PRNewswire-FirstCall — Ambassadors International, Inc. (Nasdaq: AMIE) reported revenue of $78.4 million for the three months ended December 31, 2007, compared to $48.8 million, for the three months ended December 31, 2006. In addition, the Company...
The Manitowoc Company Forms Joint Venture With Leading Chinese Mobile Crane Manufacturer
LAS VEGAS, March 11 PRNewswire-FirstCall — The Manitowoc Company, Inc. (NYSE: MTW) today announced at ConExpo 2008 that it has formed a joint venture with the shareholders of TaiAn Dongyue Heavy Machinery Co., Ltd. for the production of mobile and truck-mounted hydraulic cranes. The...
UPS Expands Supplier Diversity Program to Include LGBT-Owned Businesses
ATLANTA-(Business Wire)-March 11, 2008 - UPS (NYSE: UPS) today announced the expansion of its award-winning supplier diversity process to include lesbian, gay, bisexual and transgender (LGBT)-owned businesses through a partnership with the National Gay & Lesbian Chamber of Commerce (NGLCC...
Judge Audio Visual Solutions Partners with Atlantic Marine Electronics
PHILADELPHIA-(Business Wire)-March 11, 2008 - Judge Audio Visual Solutions, a subsidiary of The Judge Group, specializing in the design, integration and service of audio visual technology, has announced their partnership with Atlantic Marine Electronics, a subsidiary of Viking Yacht Company. The...
SeaMobile(R) Enterprises Announces Extended Partnership with Royal Caribbean Cruises Ltd. to Provide Satellite Communication Solutions Onboard Cruise Ships
SEATTLE-(Business Wire)-March 11, 2008 - SeaMobile(R) Enterprises, the dominant global provider of at-sea communications, connectivity and content services, announced today that it has been awarded a multi-year contract extension with Royal Caribbean Cruises Ltd. to provide its MTN VSAT satellite...
L-3 Forms $1.2 Billion Marine and Power Systems Group
NEW YORK-(Business Wire)-March 11, 2008 - L-3 Communications (NYSE: LLL) announced today a strategic realignment of businesses in its Specialized Products segment to form the Marine and Power Systems Group. This new $1.2 billion group includes Power and Control, Automation, Navigation, Undersea...
Florida Adopts GE Security Solution to Launch Transportation Worker Credentialing System for Seaports State Wide
BRADENTON, Fla.-(Business Wire)-March 11, 2008 - GE Security, Inc., a business of GE Enterprise Solutions (NYSE:GE), today announced the state of Florida has successfully deployed GE's Identity Commander(TM) solution to all 12 deepwater seaports and its Department of Highway Safety and Motor...
Marine Money Announces Ship Finance Awards for 2007
STAMFORD, Conn., March 11 PRNewswire — The editors of Marine Money International, the leading trade publication reporting on the business of ship finance, today announced the winners of the publication's 2007 Achievement Awards for excellence in the business of ship finance. The Award...
Sushi and Seafood Are Safe and Healthy
BARNEGAT LIGHT, N.J., March 11 PRNewswire — On January 23, 2008 the New York Times published Marion Burros' "High levels of mercury found in tuna sushi," warning against consumption of bluefin tuna and other fish with high levels of mercury. Ms. Burros ignored the latest research...
Granite State Manufacturing Acquires Scandia Manufacturing Company Inc.
MANCHESTER, N.H., March 11 PRNewswire — Granite State Manufacturing (GSM), a contract manufacturing company serving military and commercial markets, has acquired Baltimore, Maryland-based Scandia Manufacturing Company Inc. (Scandia), a leading manufacturer of precision hydraulic and...
AGTFederal Displays Latest Mobile Emergency Response Systems for the Florida National Guard Emergency Response Network & National Guard Bureau
KENNESAW, Ga., March 11 PRNewswire — AGTFederal, a leader in emergency response communications and the mobile and fixed communications division of Applied Global Technologies (AGT), today showcases the latest generation of emergency response communications systems with the opening of...
Raytheon, VT Halter Marine and EG&G Team Pursue U.S. Coast Guard Fast Response Cutter-B
TEWKSBURY, Mass., March 11, 2008 PRNewswire — Raytheon Company (NYSE: RTN), VT Halter Marine Inc., and EG&G Technical Services have teamed to offer the U.S. Coast Guard a proven, reliable and cost-effective vessel to meet the requirements of the Fast Response Cutter-B (FRC-B...
Aegean Marine Petroleum Network Inc. to Present at Dahlman Rose Energy Supply Chain Conference
PIRAEUS, Greece, March 11 PRNewswire-FirstCall — Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that the Company's President, E. Nikolas Tavlarios, is scheduled to present at the Dahlman Rose Energy Supply Chain Conference in New York on Wednesday, March 12, 2008 at...
Save the Titanic Foundation Inks 'Z' to Helm Comic Book
SANTA MONICA, Calif., March 11 PRNewswire-USNewswire — The Save the Titanic Foundation 3 approved non-profit organization, established for the honor and the commemoration of the international dreams aboard the Titanic. The Foundation's mission is for the ongoing maintenance of the...
Trans Marine Propulsion Systems, Inc. (TMPS) Secures West-Coast and British Columbia Distributorship for German company, Lehmann & Michels, GmbH (Lemag)
SEATTLE, March 11 PRNewswire — Seattle-based Trans Marine Propulsion Systems, Inc. (TMPS) — http://www.transmarine.org — known worldwide for their diesel service and engineering department, has secured the distribution, sales and service agreement with Lehmann & Michels...
Knight & Carver Launches Eco Solutions
NATIONAL CITY, Calif.-(Business Wire)-March 11, 2008 - Knight & Carver has created a new department strictly devoted to making the company's operations and its yacht-repair customers as environmentally "green" as possible. The formation of Eco Solutions is thought to be among the first such...
Richard J. Galasso Joins Charles Industries' Marine Group as Sales Representative to Florida
ROLLING MEADOWS, Ill.-(Business Wire)-March 10, 2008 - Charles Industries, Ltd. (Charles), a leading provider of marine and industrial electrical equipment, today announced that Richard J. Galasso has been hired to represent Charles' Marine Group in the state of Florida. Galasso will report directly...
Fitch Rates Port Authority of NY & NJ $700MM Consolidated Bonds Ser 150 & 151 'AA-'; Outlook Stable
SAN FRANCISCO-(Business Wire)-March 10, 2008 - Fitch Ratings assigns an underlying 'AA-' rating to the Port Authority of New York and New Jersey's (the authority) $700 million of consolidated bonds, consisting of $350 million series 150 and $350 million series 151. The bonds are expected to sell...
Deep Blue Marine Inc. Prepares for Restructure
KEY WEST, Fla.-(Business Wire)-March 10, 2008 - Deep Blue Marine Inc. (Pink Sheets: DPBM) has completed application for a 5 to 1 reverse split of their company's shares. In a special shareholders meeting held on Friday March 7, 2008, a vote was taken and the results are as follows: 473,000,000...
America to Name Nation's Top Entrepreneur
IRVINE, Calif.-(Business Wire)-March 10, 2008 - Entrepreneur magazine and The UPS Store today launched the "Entrepreneur of the Year" contest. Nationwide, the business community is being called upon to find those who best exemplify the entrepreneurial spirit. "Without entrepreneurs, there would be...
Volvo Ocean Race 2008-2009 Chooses FleetBroadband: HDTV and Rich Multimedia Now a Reality for Global Yacht Race
LONDON-(Business Wire)-March 10, 2008 - Organizers of the Volvo Ocean Race 2008-2009 have chosen FleetBroadband to provide essential voice and data connectivity and send high-definition television (HDTV) and rich multimedia content from the vessels. The advanced capabilities of FleetBroadband...
Aegean Marine Petroleum Network Inc. Takes Delivery of Bunkering Tanker Newbuilding
PIRAEUS, Greece, March 10 PRNewswire-FirstCall — Aegean Marine Petroleum Network Inc. (NYSE: ANW), an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, today announced that it has taken...
Luxury Goes Extreme With Fast Cars, Private Yachts and Helicopters
LOS ANGELES, March 10 PRNewswire — Luxury specialist Crystal Cruises is raising its own shore-side bar with lavish, over-the-top Crystal Adventures in Europe. New "extreme luxury" tours, designed for a discerning few, boast European sports cars, helicopters and private yachts to...
The Journal of Commerce Opens Access to Trans-Pacific Maritime Conference Coverage Online
NEWARK, N.J., March 10 PRNewswire — There are only two certainties this year on the trans-Pacific: U.S. import growth will be sluggish at best, and U.S. exports will continue to increase, reported Peter T. Leach for The Journal of Commerce or email cbizservices@sunbeltfs.com...
Completion of the Acquisition of 50 % of FR8
COPENHAGEN, March 10 PRNewswire-FirstCall — On 24 January 2008 A/S Dampskibsselskabet TORM (TORM) announced that TORM had acquired 50 % of FR8 Holdings Pte. Ltd. (FR8), a subsidiary of the international oil trader Projector S.A. The transaction has now been approved by all relevant...
New Review of the Port Industry Contains an Overview of the Companies in the Sector
DUBLIN, Ireland-(Business Wire)-March 10, 2008 - Research and Markets has announced the addition of just-drinks' Review of the Port Industry - Management Briefing to their offering. The current issues affecting the Port industry are rooted in the success of the past. As consumers moved across...
General Dynamics Awarded $191 Million NAVSEA Ballistic Missile Defense Support Contract
FAIRFAX, Va., March 10 PRNewswire-FirstCall — General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), has been awarded a contract by Naval Sea Systems Command (NAVSEA) to provide support to the Missile Defense Agency's Aegis Ballistic Missile Defense...
Tsakos Energy Navigation Announces Two-Year Time Charter Extension for Product Tanker Didimon
ATHENS, Greece, March 10 PRNewswire-FirstCall — Tsakos Energy Navigation Ltd. ("TEN" or the "Company") (NYSE: TNP) today announced a two-year time charter extension for the 2005-built, double hull handysize product tanker Didimon to a major South American oil company. This charter is...
QE2's Farewell Season Marked by Poignant Final Calls
VALENCIA, Calif., March 10 PRNewswire — As Cunard Line's famed QE2 continues her farewell season — the iconic ship's 40th year since her maiden voyage — her final year with the fleet will be highlighted by a series of poignant voyages, including three calls in favorite North...
Is that Spring We Smell in the Air or Socks?
Boaters in Michigan Challenged to Sock it to Winter at the 16th Annual Spring Boating Expo LIVONIA, Mich., March 10 PRNewswire-USNewswire — Is that Spring we smell in the air - or socks? Boaters are invited to attend the first annual "Sock it to Winter" celebration and sock...
SCG Announces Executive Appointments
HOUSTON, March 10 PRNewswire — SCG The Select Carrier Group, a subsidiary of CEVA Logistics, today announced that Clay Halla has been named Chief Operating Officer. Halla, a highly regarded veteran of the transportation industry, most recently served as President of Con-Way Truckload...
TOP Ships Announces Delivery of the Fifth Drybulk Vessel
ATHENS, Greece, March 7 PRNewswire-FirstCall — TOP Ships Inc. (Nasdaq: TOPS) announced that it has taken delivery of the M/V PEPITO, a 75,928 dwt Panamax drybulk vessel, built in 2001 in Japan. The vessel has been financed with secured bank debt. The M/V PEPITO is the fifth of six...
General Dynamics Awarded $50 Million Contract for Submarine Technical and Engineering Support
GROTON, Conn., March 7 PRNewswire-FirstCall — The U.S. Navy has awarded General Dynamics Electric Boat a $49.8 million contract modification for nuclear-submarine support work. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). Under the terms of the contract...
Allin Interactive Television Selected by Silversea Cruises for Prince Albert II
PITTSBURGH, March 7 PRNewswire-FirstCall — Allin Corporation (OTC Bulletin Board: ALLN) announced that it has secured an agreement with ultra-luxury Silversea Cruises to deploy Allin's Digimix(TM) interactive television solution on its new expedition ship the Prince Albert II, scheduled...
Aries Maritime Transport Limited to Explore Strategic Alternatives
ATHENS, March 7 PRNewswire-FirstCall — Aries Maritime Transport Limited (NASDAQ: RAMS) announced today its Board of Directors has initiated a review to evaluate strategic alternatives to enhance shareholder value. These alternatives may include, but are not limited to the sale or merger...
NYMAGIC, INC. Reports 2007 Fourth Quarter Results, Declares Divdend and Increases Common Stock Repurchase Program
NEW YORK-(Business Wire)-March 7, 2008 - NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the fourth quarter ended December 31, 2007. The Company reported a net loss for the three months ended December 31, 2007 of $8.3 million, or $.93 per share, compared with...
Ruling Allows Odyssey Shipwreck Cases to Move Forward
TAMPA, Fla.-(Business Wire)-March 6, 2008 - Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) today announced that on March 6, 2008, Judge Steven D. Merryday issued an Order relating to Spain's Motions to Dismiss the Amended Complaints that were filed by Odyssey in the arrest of three wreck sites...
Challenger Announces Record Boat Shipments in February
WASHINGTON, Mo., March 6 PRNewswire-FirstCall — Challenger Powerboats, Inc. ("Challenger") (OTC Bulletin Board: CPBI), a manufacturer of powerboats, tow boats and water-jet powered sport boats announced that it shipped a record 48 boats in the month of February 2008. Challenger CEO...
Eurodam Website Lets Curious Cruisers Take a Sneak Peek
SEATTLE, March 6 PRNewswire — Before the champagne bottle shatters against the bow in July, curious cruisers can tour the Eurodam at a dedicated site accessed from Holland America Line's redesigned website, http://www.hollandamerica.com. Videos, photographs, animation and renderings...
General Dynamics Awarded $66 Million to Continue Submarine Combat System Development
FAIRFAX, Va., March 6 PRNewswire-FirstCall — The U.S. Navy's Naval Sea Systems Command has awarded General Dynamics Advanced Information Systems a two-year, $66.2 million contract extension to continue engineering services work on the Submarine Tactical Control System (TCS) portion of...
General Dynamics Board Elects Four New Vice Presidents
FALLS CHURCH, Va., March 6 PRNewswire-FirstCall — The board of directors of General Dynamics (NYSE: GD) yesterday elected four new corporate officers. Ira P. Berman, senior vice president, administration and general counsel, Gulfstream Aerospace Corp.; Daniel G. Clare, senior vice...
IHC Merwede selects Siemens PLM Software's Solid Edge and Teamcenter Express
PLANO, Texas and 'S-HERTOGENBOSCH, Netherlands, March 6 PRNewswire — Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM), today announced Dutch-based IHC Merwede, the global market leader...
Expeditors Announces the Promotions of Eugene K. Alger and Philip M. Coughlin to Executive Vice President-North America
SEATTLE-(Business Wire)-March 5, 2008 - Expeditors International of Washington, Inc. (NASDAQ: EXPD), the international logistics company today announced the promotion of both Eugene K. Alger and Philip M. Coughlin to the office of Executive Vice President-North America. Previously, Mr. Alger and Mr...
Clark Holdings Inc. Announces Fourth Quarter and 2007 Year End Results
NEW YORK, March 5 PRNewswire-FirstCall — Clark Holdings Inc. (Amex: GLA; GLA.U; GLA.WS), a non-asset-based provider of mission-critical supply chain solutions, today announced financial results for its fourth quarter and year ended December 29, 2007. Summarized financial results for the...
J. J. Keller Announces Final Changes for 2008 Emergency Response Guidebook
NEENAH, Wis.-(Business Wire)-March 5, 2008 - The long-awaited arrival of the 2008 Emergency Response Guidebook, the emergency preparedness guide that helps transporters, police, fire personnel and other emergency responders quickly identify the hazards of materials involved in an incident, is...
Globecomm Systems Awarded IDIQ Contract from The United States Navy's SPAWAR Center
HAUPPAUGE, N.Y.-(Business Wire)-March 5, 2008 - Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, announced today that the Company and six other companies have been awarded an Indefinite Delivery...
Crabs and Claws and Crustaceans, Oh My!
-(Business Wire)-March 5, 2008 - WHAT: The historic fishing communities of Astoria and Warrenton again celebrate the incredible bounty of fresh Oregon seafood this April during the 26th annual Astoria-Warrenton Crab and Seafood Festival. The widely popular three-day festival is highlighted by a...
General Dynamics Board Increases Dividend 20.7 Percent
FALLS CHURCH, Va., March 5 PRNewswire-FirstCall — The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of 35 cents per share on the company's common stock, payable May 9, 2008, to shareholders of record on April 11. The dividend represents a...
Secured Digital Announces Launch of Its Bluetooth Enabled Applications in the U.S.
NEW YORK-(Business Wire)-March 5, 2008 - Secured Digital Applications, Inc. (OTCBB:SDGL), a global provider of business process outsourcing services and systems integrator for Radio Frequency Identification ("RFID"), Global Positioning System ("GPS"), Global System for Mobile Communications ("GSM...
Martin Midstream Partners Reports 2007 Fourth Quarter and Annual Financial Results
KILGORE, Texas, March 5 PRNewswire-FirstCall — Martin Midstream Partners L.P. (Nasdaq: MMLP) announced today its financial results for the fourth quarter and year ended December 31, 2007. MMLP reported net income for the fourth quarter of 2007 of $7.7 million, or $0.49 per limited...
Mikros Design Tools To Be Used by U.S. Navy for New Shipboard Wireless Networks
PRINCETON, N.J., March 5 PRNewswire-FirstCall — Mikros Systems Corporation (OTC Bulletin Board: MKRS), announced today a significant expansion of the Company's wireless network planning activity with the U.S. Navy. Under the SBIR program, the Navy has funded Mikros and subcontractor...
TransMontaigne Partners L.P. Schedules Conference Call and Files Ownership Reports
DENVER-(Business Wire)-March 5, 2008 - -0- *T TransMontaigne Partners L.P. (NYSE:TLP) today announced that management has scheduled a conference call for Monday, March 10, 2008 at 1:00 p.m. ET to discuss the Partnership's results for the three months and year ended December 31, 2007...
DockMaster Software Will Re-Sell ARI's PartSmart(R) Product
MILWAUKEE-(Business Wire)-March 5, 2008 - ARI (OTCBB:ARIS), a leading provider of technology-enabled business solutions that connect equipment dealers, distributors and manufacturers, today announced that DockMaster Software of North Palm Beach, Florida, will re-sell ARI's PartSmart(R) product to...
Australian Customs Selects BlueView Technologies
SEATTLE, Wash., March 5 PRNewswire — BlueView Technologies, Inc., the leading provider of miniature multibeam imaging sonar, was recently awarded a contract by Ocean Modules AB to supply sonar systems to the Australian Customs Service. After BlueView successfully completed extensive...
Brunswick CFO to Present at Bank of America 2008 Consumer Conference; Webcast Live March 12
LAKE FOREST, Ill., March 5 PRNewswire-FirstCall — Brunswick Corporation (NYSE: BC) Senior Vice President and Chief Financial Officer Peter G. Leemputte will be a featured speaker at the upcoming Bank of America 2008 Consumer Conference in New York. Leemputte's presentation will be...
Janel World Trade, Ltd. Announces Opening of New Customer Solutions Center for Order Logistics Subsidiary
JAMAICA, N.Y., March 5 PRNewswire-FirstCall — Janel World Trade, Ltd. (OTC Bulletin Board: JLWT), a full-service global provider of integrated logistics services, today announced that the Company's wholly-owned Order Logistics, Inc. subsidiary has opened a new Customer Solutions...
Department of Defense Funds Coda Octopus Additional $1.53 Million to Enhance and Build Further Underwater Inspection Systems
NEW YORK-(Business Wire)-March 4, 2008 - Coda Octopus Group, Inc. (OTCBB: CDOC), a world leader in underwater terrorism prevention, said today it had received notification of an additional $1.53 million from the Department of Defense (DoD) Technical Support Working Group (TSWG) to develop certain...
Aegean Marine Petroleum Network Inc. Exercises Four Newbuilding Options
PIRAEUS, Greece, March 4 PRNewswire-FirstCall — Aegean Marine Petroleum Network Inc. (NYSE: ANW) announced today that it has exercised its options with Qingdao Hyundai Shipyard, China to purchase four new 5,500 dwt double- hull bunkering tankers. The four newbuildings are expected to be...
Tsakos Energy Navigation Announces Fourth Quarter and Year-End 2007 Financial Results Conference Call and Webcast
ATHENS, Greece, March 4 PRNewswire-FirstCall — Tsakos Energy Navigation Ltd. ("TEN") (NYSE: TNP) will report earnings for the fourth quarter and year-ended December 31, 2007 prior to the open of the market on Tuesday, March 18, 2008. That same morning, at 8:30 a.m. Eastern Time, TEN...
Vizada Launches Enhanced Version SkyFile(R) Mail Messaging Solution
PARIS & OSLO, Norway & ROCKVILLE, Md.-(Business Wire)-March 4, 2008 - Vizada, the world's leading provider of global satellite communications solutions with more market share on more satellite networks than any other provider in the world, today launches an enhanced version (7.0) of its...
Windstar Cruises Sets Sail for an Extraordinary 2008 Season
SEATTLE, March 4 PRNewswire — Windstar Cruises, which operates a three-ship fleet of luxury yachts that explore hidden harbors and secluded coves of the world's most treasured destinations, offers guests bold adventures and endless pampering with its 2008 schedule. From the sunny...
Slovenia Logistics Outlook Forecasts the Outlook for Freight Transportation and Logistics Across Modes out to 2012
DUBLIN, Ireland-(Business Wire)-March 4, 2008 - Research and Markets , 2006-2012 For more information visit http://www.researchandmarkets.com/reports/c84769. Source: Datamonitor
Nine Hundred Students from 43 Southland Schools in Three-Day Solar Boat Event at Lake Skinner
-(Business Wire)-March 4, 2008 - Metropolitan Water District of Southern California: -0- *T WHAT: Sixth annual Solar Cup event in which students from 43 Southland high schools race solar-powered boats they have built and equipped over the past seven months. WHEN: 8 a.m. to 5 p.m. Friday, Saturday...
Suntron Corporation Awarded Contract from Celco for PCBA(s) Related to Plasma Televisions
PHOENIX-(Business Wire)-March 3, 2008 - Suntron Corporation, a leading provider of integrated electronic manufacturing solutions with six (6) North American Facilities, announced today an agreement to manufacture complex Printed Circuit Board Assemblies (PCBA(s)) with Celco California Inc...
The Allen Group Names Ken Howell Chief Financial Officer
SAN DIEGO-(Business Wire)-March 3, 2008 - The Allen Group, one of the nation's leading developers of Logistics Parks and Inland Ports, today announced the appointment of Ken Howell as Chief Financial Officer. Howell will oversee the Company's financial operations, including accounting and tax...
IHS Acquiring Joint Venture Interest in Lloyd's Register-Fairplay
ENGLEWOOD, Colo.-(Business Wire)-March 3, 2008 - IHS Inc. (NYSE:IHS), a leading global source of critical information and insight, today announced the acquisition of Prime Publications Limited, which owns 50 percent of Lloyd's Register-Fairplay Limited. The acquisition makes IHS a 50-50 joint...
Aries Maritime Announces Sale of the Arius
ATHENS, March 3 PRNewswire-FirstCall — Aries Maritime Transport Limited (NASDAQ: RAMS) today announced it has reached an agreement to sell the Arius, a 1986-built double-hull products tanker, to an unrelated third party for a net price of $21.825 million. The Company expects to...
Hub Group, Inc. to Participate in JPMorgan Aviation and Transportation Conference on March 19, 2008
DOWNERS GROVE, Ill., March 3 PRNewswire-FirstCall — Hub Group, Inc. (Nasdaq: HUBG) announced today it will participate in the JPMorgan Aviation and Transportation Conference on Wednesday, March 19, 2008. David P. Yeager, Hub Group Vice Chairman of the Board and Chief Executive Officer...
Toys for Tots Launches New Year-Round Literacy Initiative
QUANTICO, Va.-(Business Wire)-March 3, 2008 - After 60 years of delivering holiday joy to millions of disadvantaged children, the Marine Toys for Tots Foundation today announced its first year-round initiative, the Toys for Tots Literacy Program. This new initiative will offer our nation's most...
Estes Completes Nationwide Footprint by Opening 13 Terminals in Six Upper Midwestern States
RICHMOND, Va.-(Business Wire)-March 3, 2008 - Estes Express Lines, a premier freight transportation provider, announced today the company is opening 13 new terminal locations on March 3 in the Upper Midwest. The new terminals in Iowa, North and South Dakota, Minnesota, Nebraska and Wisconsin allow...
'Newspaper Direct' to Launch Aboard Crystal Serenity
LOS ANGELES, March 3 PRNewswire — Crystal Cruises is making it easier for its global guests to stay in touch, whether cruising off the coast of Salalah or Sorrento. The luxury line is introducing "Newspaper Direct," a same-day service enabling guests to receive a choice of more than...
Holland America Line Offers New Asia Pacific Cruise Itineraries in 2009
SEATTLE, March 3 PRNewswire — Holland America Line will feature a selection of nine unique voyages to the Asia Pacific region in 2009. For the first time next fall, ms Volendam will sail to destinations throughout the Pacific, calling at exotic locales in China, Southeast Asia, Korea...
Alexander & Baldwin to Present at 6th Annual JPMorgan Aviation & Transportation Conference
HONOLULU-(Business Wire)-March 3, 2008 - Alexander & Baldwin, Inc. (Nasdaq:ALEX) announced today that Mr. Christopher J. Benjamin, its senior vice president, chief financial officer and treasurer and Mr. James S. Andrasick, president and chief executive officer of Matson Navigation Company, a...
TEPPCO Expands Marine Transportation Business; Acquires Assets from Horizon Maritime
HOUSTON-(Business Wire)-March 3, 2008 - TEPPCO Partners, L.P. (NYSE:TPP) today announced that its subsidiary, TEPPCO Marine Services, LLC, has acquired certain assets of Horizon Maritime, L.L.C., a Houston-based provider of marine transportation services for a variety of crude oil-based products...
Celebrity Equinox to Balance Europe, Caribbean in First Year
MIAMI, March 3 PRNewswire-FirstCall — In a true equinox, the sun crosses the plane of the earth's equator, equalizing the length of day and night. When Celebrity Equinox, the second in Celebrity Cruises' newest class of ships, sets sail in 2009, it may not be crossing the equator, but...
Carnival Corporation & plc Announces Exchange Rate for Quarterly Dividend
MIAMI, March 3 PRNewswire-FirstCall — On January 15, 2008, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced a quarterly cash dividend of $0.40 (U.S.) per share. The dividend is payable on March 14, 2008, to shareholders of record on February 22, 2008. Holders of...
Duos Awarded Contract from Major Rail Company to Provide Intelligent Video Surveillance for Critical Northeast Bridge
JACKSONVILLE, Fla.-(Business Wire)-March 3, 2008 - One of the nation's major railroad companies has selected Duos Technologies, Inc. to provide an intelligent video system securing a major rail bridge along the Delaware watershed. Duos developed this solution to give its client the ability to...
Webcast Alert: Log-In Logistica Intermodal S.A. Announces Fourth Quarter 2007 Results Conference Call Webcast
RIO DE JANEIRO, Brazil, March 3 PRNewswire-FirstCall — Log-In Logistica Intermodal S.A. (BOVESPA: LOGN3) (LOG-IN) announces the following Webcast: What: Log-In Logistica Intermodal S.A. Fourth Quarter 2007 Results When: Wednesday, March 5, 2008 at 09:30 AM EST Where...
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