Maritime/Shipbuilding Newswire
OSG America's Newest Jones Act Product Carrier Begins Trading
TAMPA, Fla.-(Business Wire)-October 3, 2008 - OSG America L.P. (OSG America or the Company) (NYSE: OSP), the largest operator of U.S. Flag coastal product carriers and barges transporting refined petroleum products, announced that the Overseas Texas City began trading today, commencing a...
A Message from Weitz & Luxenberg about Contamination in Pompton Lakes, NJ: From our environmental lawyers to NJ citizens: "You have a right to a clean and safe environment."
NEW YORK-(Business Wire)-October 3, 2008 - It is a story heard all across the country: corporations pollute a community's groundwater with harmful chemicals and then try to evade responsibility. This scenario is well understood by residents of Pompton Lakes, New Jersey, who recently have learned...
ORBCOMM Adds More Than 21,000 Net Billable Subscriber Communicators in the Third Quarter of 2008
FORT LEE, N.J.-(Business Wire)-October 3, 2008 - ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, today announced net additions of more than 21,000 billable subscriber communicators for the third quarter ended...
Digital Angel Announces Agreement with Lender to Restructure Credit Facility
SO. ST. PAUL, Minn.-(Business Wire)-October 3, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that it has entered into an agreement with an affiliate of Laurus Master Fund, Ltd. to...
Garmin(R) Announces the GPSMAP(R) 600 Series: Touchscreen, Rugged and Ready for Land or Sea
OLATHE, Kan.-(Business Wire)-October 3, 2008 - Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the GPSMAP 640 - an ultra portable and rugged touchscreen navigator that comes preloaded with a comprehensive set of street...
Low Storage Levels Cause Metropolitan to Suspend Public Boat Launches at Diamond Valley Lake After Oct. 13
LOS ANGELES-(Business Wire)-October 2, 2008 - Clearly demonstrating the need for water conservation throughout Southern California due to the statewide drought and supply challenges, Metropolitan Water District announced plans today to indefinitely suspend private boat launches at the region's...
ESPN2 to Broadcast One-Hour Special on Oct. 8-9, 2008, Featuring the Prequel to Walt Disney Pictures' Upcoming True-Life Sailing Documentary "Morning Light"
BURBANK, Calif.-(Business Wire)-October 2, 2008 - Conceivers, producers and executive producers Roy E. Disney and Leslie DeMeuse recruited 15 young sailors to take on the challenge of a lifetime — the 2,500-mile open-ocean Transpac sailing challenge featured in the upcoming true-life...
FactsAboutSCR.com Clears the Air on SCR Emissions Control Technology
GREENSBORO, N.C.-(Business Wire)-October 2, 2008 - Working in concert with the more than 200 companies, government agencies and organizations represented by the North American SCR Stakeholders Group, Quixote Group today announced the launch of FactsAboutSCR.com, a cross-industry news and information...
San Francisco Bar Pilot to Assist Maneuvering of Maltese Falcon
SAN FRANCISCO-(Business Wire)-October 2, 2008 - Captain Peter Fuller, a member of the San Francisco Bar Pilots, will be on the bridge this weekend of the Maltese Falcon, assisting the 289-foot ship make its way around San Francisco Bay as part of the Leukemia Cup Regatta. Captain Fuller's time and...
Matson Honored With Sixth Consecutive Quest for Quality Award
OAKLAND, Calif.-(Business Wire)-October 2, 2008 - Matson has been honored for the sixth consecutive year with Logistics Management magazine's annual Quest for Quality award in the Ocean Carrier category. The annual survey is regarded in the transportation and logistics industry as the most important...
Mars Mission Relies on Timken(R) Bearings
CANTON, Ohio-(Business Wire)-October 2, 2008 - The Timken Company (NYSE:TKR) has supplied bearings for a new descent brake system to be used on NASA's upcoming Mars Science Laboratory mission. Scheduled to launch in 2009, the Mars Science Laboratory rover capsule will separate from the spacecraft to...
St. Kitts and Nevis Selects Partnership of Securewest / SARS Corp for Long Range Identification and Tracking Solution
NORFOLK, Va.-(Business Wire)-October 2, 2008 - St. Kitts and Nevis International Ship Registry have announced that they have signed a contract for the provision of a 'National Data Centre' for Long-Range Tracking and Identification ("LRIT"), with Securewest International, a leader in Maritime...
NYSE Welcomes Hawaii's Alexander & Baldwin, Inc.
NEW YORK-(Business Wire)-October 1, 2008 - Alexander & Baldwin, Inc., a leading ocean transportation and logistics, real estate and agribusiness company from Honolulu, Hawaii, began trading today on the New York Stock Exchange under the new ticker symbol "AXB" after transferring from Nasdaq...
Marine Terminal Operators to Implement Dirty Truck Ban but Express Concern to Los Angeles and Long Beach Ports
LONG BEACH, Calif.-(Business Wire)-October 1, 2008 - The members of the West Coast Marine Terminal Operator Agreement (WCMTOA) announced that beginning today, October 1, individual terminal operators plan to implement a ban on older, polluting trucks under the Clean Trucks Program of the Port of Los...
Alexander & Baldwin Trades Today on New York Stock Exchange Under New Ticker "AXB"
HONOLULU-(Business Wire)-October 1, 2008 - Alexander & Baldwin, Inc. (NYSE:AXB) announced today that trading of its shares began on the New York Stock Exchange ("NYSE") under the new ticker symbol "AXB". "Ninety-five years ago to the day, we first began trading as a public company on the...
CapRock Communications Launches Asset-tracking Service
HOUSTON-(Business Wire)-October 1, 2008 - CapRock Communications today announced the launch of AssetTrax, its new map-based tracking service that monitors the position and movement of critical assets around the world. As a global provider of satellite communications to remote and harsh environments...
MarineMax Brings New Brand of Luxury to Florida
CLEARWATER, Fla.-(Business Wire)-October 1, 2008 - MarineMax, Inc. (NYSE:HZO), the nation's largest recreational boat retailer, announced today it has expanded its relationship with Azimut, one of the world's leading manufacturers of luxury yachts. Specifically, MarineMax is adding Azimut to its...
Alion Wins $37.93M Contract to Provide Anti-Submarine Warfare Training Systems for Naval Air Warfare Center
MCLEAN, Va.-(Business Wire)-September 30, 2008 - Alion Science and Technology, an employee-owned technology solutions provider, has won a $37.93 million indefinite delivery/indefinite quantity (ID/IQ) contract to provide PC-based, integrated Anti-Submarine Warfare (ASW) training systems for the...
Wall Street Journal Names Vumii Winner of Technology Innovation Award
ATLANTA-(Business Wire)-September 30, 2008 - Vumii, a developer of highly engineered yet easy to use long-range, day/night surveillance camera systems, announced that The Wall Street Journal has named its Discoverii camera system as the Technology Innovation Award winner in the physical security...
Canada's Largest Commercial Fishing Harbour Bolsters Security With Wireless Video Surveillance
LOS GATOS, Calif.-(Business Wire)-September 30, 2008 - As part of an effort to crack down on equipment theft, Steveston Harbour in Richmond, British Columbia is the first Canadian harbor to deploy a wireless video mesh surveillance network that will monitor ships, trucks, containers and fishing...
Garmin(R) Introduces New Line of VHF Marine Radios
OLATHE, Kan.-(Business Wire)-September 30, 2008 - Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the VHF 100 and VHF 200, two new powerful VHF radios designed for both OEM and aftermarket applications. "These new radios...
Expeditors Appoints Bradley S. Powell as Chief Financial Officer
SEATTLE-(Business Wire)-September 29, 2008 - Expeditors International of Washington, Inc. (NASDAQ: EXPD), the international logistics company today said that Bradley S. Powell has accepted the position of Chief Financial Officer. Mr. Powell has most recently served as President, Chief Financial...
Tahiti Legends Forges Partnership with Silversea Cruises
HUNTINGTON BEACH, Calif.-(Business Wire)-September 29, 2008 - As leaders in their respective fields, Tahiti Legends and Silversea Cruises have teamed up to provide the ultimate Tahitian experience - a luxury cruise expedition of French Polynesia and an overwater bungalow stay. This partnership...
Naval Sea Systems Command (NAVSEA) Selects Omnivex for Digital Signage, Fostering Increased Employee Communications and Productivity
CONCORD, Ontario-(Business Wire)-September 29, 2008 - Omnivex Corporation, the premier provider of enterprise software for digital signage networks, announced today that NAVSEA in Washington, D.C., is deploying Omnivex software on digital signage displays throughout its headquarters. NAVSEA is...
MarineMax Expands Brand Offering In New York and New Jersey
CLEARWATER, Fla.-(Business Wire)-September 29, 2008 - MarineMax, Inc. (NYSE:HZO), the nation's largest recreational boat retailer, announced today it has expanded its relationship with Hatteras and CABO, two of the world's premier manufacturers of sport fishing and cruising yachts. Specifically...
Aker Philadelphia Shipyard Begins Construction on Its Ninth Product Tanker
PHILADELPHIA-(Business Wire)-September 29, 2008 - Aker Philadelphia Shipyard (Oslo:AKPS) began construction today on Hull 013, the ninth product tanker in a series of twelve to be built for American Shipping Company (Oslo: AMSC). When completed, the 46,000 dwt vessel will be 600 feet in length and...
Business-Shipping Visionary and Former President of RPS and COO of FedEx Ground Ivan Hofmann Joins Shipwire Advisory Board
SUNNYVALE, Calif.-(Business Wire)-September 29, 2008 - Shipwire, Inc. today announced the addition of business-logistics industry veteran, Ivan Hofmann, to its advisory team in the role of logistics advisor to the Shipwire board and executive team. With 33 years of experience and success, Hofmann is...
JAARS Inc's New President, David Reeves, Brings Vision to Advance Bible Translation
WAXHAW, N.C.-(Business Wire)-September 26, 2008 - JAARS Inc. recently announced that David Reeves will succeed Jim Akovenko as JAARS president on October 1. JAARS provides technology and support services to speed Bible translations for languages that do not have them. When asked about filling his...
DRS Technologies' Stockholders Approve Agreement and Plan of Merger with Finmeccanica
PARSIPPANY, N.J.-(Business Wire)-September 25, 2008 - DRS Technologies, Inc. (NYSE: DRS) announced today that stockholders of the company voted to adopt the agreement and plan of merger, and approve the merger with Finmeccanica S.p.A. (FNC.MI) at DRS's special meeting of stockholders held today at...
A&B Acquires Newly Built Republic Distribution Center
HONOLULU-(Business Wire)-September 25, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX) ("A&B") announced today that it completed the acquisition of the Republic Distribution Center ("RDC"), a 313,000 square foot industrial facility near the Port of Houston's two major container terminals. "The...
Navigators Hires U.K. Executive
NEW YORK-(Business Wire)-September 25, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced the hiring of Paul Hennessy as President, Navigators Holdings (UK), Ltd. Mr. Hennessy will be responsible for Navigators' operations in Europe, the Middle East and Asia, and will report to...
Enterra Solutions Hails Volpe Center for Winning Award for Global Maritime Domain Awareness
RESTON, Va.-(Business Wire)-September 24, 2008 - Enterra Solutions congratulates the Global Maritime Domain Awareness Program developed by the Department of Transportation's Volpe Center for winning the 2008 Innovations in American Government Award from the Ash Institute for Democratic Governance...
InTEROS Awarded Contract(s) to Improve Logistics Systems For U.S. Naval Bases in Japan
MCLEAN, Va.-(Business Wire)-September 24, 2008 - The U.S. Naval Forces Japan awarded InTEROS, a Virginia-based supply chain solution provider, multiple contracts to support the commander by providing logistic system analysis and inventory positioning optimization for the Naval Facilities Engineering...
Daon Plays Key Role in Maritime Credentialing Program
RESTON, Va.-(Business Wire)-September 24, 2008 - Daon, a global provider of identity assurance software and services, announced today that it is playing a critical role in support of Lockheed Martin and its work on the Department of Homeland Security's Transportation Worker Identification Credential...
U.S. Navy Awards Prime Contract to ICF International for SeaPort-e IDIQ
FAIRFAX, Va.-(Business Wire)-September 24, 2008 - The U.S. Navy has awarded ICF Incorporated, L.L.C., a subsidiary of ICF International (NASDAQ:ICFI), a prime contract on the SeaPort-Enhanced (SeaPort-e) multiple award Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicle. Under the...
Dassault Systemes and CENIT Launch Advanced Naval Architecture Solution for Integrated Boat Design
MONACO-(Business Wire)-September 24, 2008 - Monaco Yacht Show - Dassault Systemes (DS) (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, and CENIT AG, a DS CAA partner and Value Added Reseller, today announced the launch of...
Golden Gate Yacht Club Renews Offer to Return the America's Cup to the Water
SAN FRANCISCO-(Business Wire)-September 23, 2008 - The Golden Gate Yacht Club (GGYC) announced today that it has formally renewed its offer to end its legal battle over the next America's Cup if Societe Nautique de Geneve (SNG) agrees immediately to stage the 33rd edition as a conventional, multiple...
Rand Logistics Announces Program for Cashless Exercise of Warrants
NEW YORK-(Business Wire)-September 23, 2008 - Rand Logistics, Inc. (Nasdaq: RLOG; RLOGW; RLOGU) ("Rand" or the "Company") announced today that it intends to commence an offer to temporarily modify the terms of the Company's outstanding, publicly-traded warrants, to provide warrant holders with the...
Todd Shipyards' Everett Unit Wins Contract to Build Caisson for the United States Navy
SEATTLE-(Business Wire)-September 23, 2008 - Todd Shipyards Corporation (NYSE:TOD) announced that its wholly owned subsidiary Everett Shipyard, Inc. ("ESI") has won a $8.96 million contract to construct a caisson for the United States Navy. Once completed the caisson will be installed in Drydock...
ExxonMobil Donates $250,000 to Disaster Relief at Grand Isle
HOUSTON-(Business Wire)-September 23, 2008 - ExxonMobil Production Company announced today a donation of $250,000 for disaster relief in Grand Isle, Louisiana. "The physical damage from Hurricane Ike's storm surge has been devastating, particularly in Grand Isle," said Randy Cleveland...
Navigators Responds to Call for Increased D&O Capacity
NEW YORK-(Business Wire)-September 23, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that the Navigators Pro division of its principal underwriting agency subsidiary, Navigators Management Company, has increased its capacity for directors and officers (D&O) liability insurance in...
Intergraph(R) and The Napa Group to Collaborate on Shipbuilding and Offshore Applications
HUNTSVILLE, Ala.-(Business Wire)-September 23, 2008 - Intergraph(R) and the Napa Group, two of the world's leading marine software firms, will collaborate to improve the interfacing to integrate each other's shipbuilding and offshore structure software solutions as well as create new capabilities. A...
Port of Portland Successfully Completes Stage Two of Gate Automation Project with Tideworks Technology
SEATTLE-(Business Wire)-September 23, 2008 - Tideworks Technology(R), Inc., a leading provider of full-service terminal management and planning software solutions, announced that the Port of Portland has successfully completed the second stage of a gate automation project with the implementation...
This Managing Imports and Exports Subscription is Now Available
DUBLIN, Ireland-(Business Wire)-September 23, 2008 - Research and Markets IMPORT OPERATIONS & PROCEDURES. Houston, Oct. 6-7; Atlanta, Oct. 20-21; Long Beach, Calif., Nov. 10-11; Woodbridge, N.J., Nov. 17-18; Raleigh, N.C., Dec. 8-9. For more information visit...
Avanex to Supply Tunable Dispersion Compensation Modules for Submarine System Terminals
FREMONT, Calif.-(Business Wire)-September 23, 2008 - Avanex Corporation (NASDAQ:AVNX), a pioneering provider of intelligent photonic solutions that enable next-generation optical networks, today announced that it has successfully validated the performance of its PowerShaper tunable dispersion...
Cavotec: PEMA Expands, Welcomes Raft of New Members
STOCKHOLM, Sweden-(Business Wire)-September 23, 2008 - The Port Equipment Manufacturers' Association (PEMA) is pleased to announce the expansion of its membership with the addition of four specialist manufacturing and consulting companies from Europe and the United States. "PEMA's work supporting...
BAE Systems Successfully Demonstrates Contender for U.S. Navy Electronic Warfare System Upgrade
HUDSON, N.H.-(Business Wire)-September 22, 2008 - BAE Systems has successfully demonstrated a surface-ship electronic warfare system as a proposed successor to the U.S. Navy's current primary electronic warfare suite. The system consistently detected, identified, and located enemy threat signals...
Navigators Introduces Excess Wrap Up
NEW YORK-(Business Wire)-September 22, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that its principal underwriting agency subsidiary, Navigators Management Company, has reintroduced the Excess Wrap Up product. This program provides additional layers of liability protection for...
Powerwave Technologies Upgrades Public Safety Communications at The Port Authority of New York and New Jersey
SANTA ANA, Calif.-(Business Wire)-September 22, 2008 - The Port Authority of New York and New Jersey, the agency that operates some of the nation's busiest and most vital transportation links, including John F. Kennedy International and LaGuardia airports, and the 16-acre World Trade Center site...
Aker Philadelphia Shipyard Delivers Fifth Vessel to American Shipping Company
PHILADELPHIA-(Business Wire)-September 19, 2008 - Aker Philadelphia Shipyard (Oslo: AKPS) delivered its fifth product tanker today to American Shipping Company (Oslo: AMSC). The tanker is the fifth in a series of twelve that will be delivered to American Shipping Company and in turn, chartered to...
K-Sea Transportation Partners L.P. Makes Its Annual Report on Form 10-K Available to Unitholders
NEW YORK-(Business Wire)-September 18, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) recently filed its Annual Report on Form 10-K for the fiscal year ended June 30, 2008 with the Securities and Exchange Commission. A copy of the Annual Report on Form 10-K is available in the Investor...
Coda Octopus Announces Third Quarter and Nine Month Results
NEW YORK-(Business Wire)-September 18, 2008 - Coda Octopus Group, Inc. (OTC BB: CDOC), a world leader in underwater port security and marine survey technology, today announced results for the third fiscal quarter and the nine-month period ending July 31, 2008. For the third fiscal quarter ending...
3PL Central Releases Free Mobile Barcode Scanning Feature On Firm's 2-Year Anniversary
OREM, Utah-(Business Wire)-September 18, 2008 - 3PL Central (www.3plcentral.com), the first on-demand 3PL software provider to focus on small- to mid-sized 3PLs, today announced the free and immediate availability of web-based mobile barcode scanning for all customers of its flagship 3PL WMS...
Seafarer Exploration Announces the Launch of Its New Corporate Website
NEW YORK-(Business Wire)-September 18, 2008 - Seafarer Exploration Corp. (OTCBB:SFRX), has today announced the launch of its new corporate website at (www.seafarerexplorationcorp.com). Tammy Sassin, Vice President, commented, "We are pleased to finally have a corporate site which can expand with the...
Todd Shipyards Corporation Announces Ratification of Labor Contract with Metal Trades Council
SEATTLE-(Business Wire)-September 18, 2008 - Todd Shipyards Corporation (NYSE:TOD) announced that its wholly owned subsidiary, Todd Pacific Shipyards Corporation ("Todd" or the "Company"), has reached an agreement with the Puget Sound Metal Trades Council for a new five-year collective bargaining...
Keep Your Boat Afloat in the off Season
MAYFIELD VILLAGE, Ohio-(Business Wire)-September 18, 2008 - As the summer boating season comes to a close, many boaters are preparing their vessels for winter storage. Leading boat insurer Progressive wants to remind boat owners about a number of steps they can take to make sure their boats are...
Overseas Shipholding Group Announces Quarterly Dividend
NEW YORK-(Business Wire)-September 17, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that its Board of Directors has declared a regular quarterly dividend of $0.4375 per share on the common stock outstanding, payable...
US Naval Supply Systems Command (NAVSUP) Expands Supply Chain Use of Passive RFID at Pearl Harbor Naval and Marine Corps Hawaiian Bases
RICHARDSON, Texas-(Business Wire)-September 17, 2008 - GlobeRanger, the leading global provider of end-to-end enterprise solutions and professional services for RFID, mobility and sensor-based solutions, today announced the successful deployment of its iMotion Edgeware(TM) Platform by the Naval...
OSG Provides Stock Repurchase Program Update
NEW YORK-(Business Wire)-September 16, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, today provided an update on its share repurchase program. Since announcing a $250 million share repurchase program on June 9, 2008, OSG has...
M Ship's Stiletto Nabs Smugglers After High-Speed Chase
SAN DIEGO-(Business Wire)-September 16, 2008 - The Pentagon's high-speed, shallow-draft "Stiletto" ship, designed and built by M Ship Co., LLC, completed a successful 6,000 nautical-mile deployment on a drug interdiction and apprehension mission in the waters off Colombia, the Bahamas and the...
Sparton Corporation Announces Fiscal Year 2008 Annual Results
JACKSON, Mich.-(Business Wire)-September 16, 2008 - Sparton Corporation (NYSE: SPA) today announced results for the fiscal year ended June 30, 2008. -0- *T Sparton Fiscal 2008 Annual Results...
Extensively Detailed Shipping Statistics Yearbook for 2007
DUBLIN, Ireland-(Business Wire)-September 16, 2008 - Research and Markets Suez Canal III-13 Transiting Ships by Type and Net Tonnage 2006 III-14 Total Cargo Traffic 1987 - 2006 For more information visit http://www.researchandmarkets.com/research/8d17c2/shipping_statistic
GateKeeper USA, Inc. Announces Expanded Product Offering
GAITHERSBURG, Md.-(Business Wire)-September 15, 2008 - GateKeeper USA, Inc. (Pink Sheets: GTKP), announced today it has expanded its product offering. Gatekeeper USA will be featuring four unique CAMS (Container Automated Monitoring System) devices. ALPHA Series for basic applications; BRAVO...
Progressive Deploys Catastrophe Claims Reps to Houston Area in Wake of Hurricane Ike
HOUSTON-(Business Wire)-September 15, 2008 - As Texans begin the process of cleaning up and assessing damage following Hurricane Ike, Progressive has deployed specially trained catastrophe claims representatives to Houston, Beaumont and Galveston to help customers whose cars, RVs, boats or...
Refinery Mistake Leads to Contaminated Fuel Incident at Two Harbors
AVALON, Calif.-(Business Wire)-September 15, 2008 - Two Harbors, located at the Isthmus of Catalina Island, has just learned that unleaded fuel with excessive levels (approximately 40%) of ethanol was sold to its customers during the period from August 30 - 8:00am to September 3rd 10am. The...
Smiths Detection Launches FirstView iSC3 Security Sensor Management Platform
PINEBROOK, N.J.-(Business Wire)-September 15, 2008 - Smiths Detection today announces the formal launch of FirstView(R) iSC3 security platform, a powerful network based software solution that enables advanced management of security systems, including cameras and sensors. It is currently being used...
Great Lakes Dredge & Dock Corporation to Present at the 7th Annual D.A. Davidson & Co. Engineering & Construction Conference
OAK BROOK, Ill.-(Business Wire)-September 15, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - announced today it will be presenting at the 7th Annual D.A. Davidson & Co. Engineering & Construction Conference on Thursday, September 18, 2008. The presentation is scheduled to...
Liberty Shipping Responds to International Shipholding's Formation of a Special Committee
LAKE SUCCESS, N.Y.-(Business Wire)-September 15, 2008 - Liberty Shipping Group LLC ("Liberty") announced today that its wholly-owned subsidiary, Projection LLC, has sent a letter to the Special Committee of the Board of Directors of International Shipholding Corporation (NYSE: ISH) ("International...
Steelbox Networks Extends Innovation Leadership with Open Video Framework
ATLANTA-(Business Wire)-September 15, 2008 - Steelbox Networks, Inc., developer of the world's fastest media appliance and the sole recipient of Frost & Sullivan's 2008 North American Award for Product Innovation of the Year in the video surveillance storage market, today unveiled the Steelbox...
Overseas Shipholding Group to Present at the Jefferies Shipping Conference
NEW YORK-(Business Wire)-September 12, 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 Jefferies 5th Annual Shipping, Logistics...
OSG America L.P. to Present at the Jefferies Shipping Conference
NEW YORK-(Business Wire)-September 12, 2008 - OSG America L.P. (NYSE: OSP), the largest operator of U.S. Flag coastal product carriers and barges transporting refined petroleum products, announced today that Jonathan P. Whitworth, President and Chief Executive Officer, will present at the...
International Shipholding Corporation Board of Directors Vote to Form Special Committee to Evaluate Offer
MOBILE, Ala.-(Business Wire)-September 11, 2008 - On September 10, 2008, the Board of Directors of International Shipholding Corporation ("the Company") unanimously voted to form a Special Committee comprised of independent directors of the Board. The Special Committee will review and evaluate the...
Great Circle Invests US$15 Million in Seismic Provider, Caspian Services Inc.
STAMFORD, Conn.-(Business Wire)-September 11, 2008 - The Great Circle Fund, a U.S. based private equity firm, has invested US$15 million in Caspian Services, Inc. (OTC Bulletin Board: "CSSV.OB"). Proceeds from the convertible loan offering are earmarked for the development of its marine supply...
Global Maritime Enterprise Selects IFS Applications
SCHAUMBURG, Ill.-(Business Wire)-September 11, 2008 - IFS, the global enterprise applications company, announced today that SMIT Internationale N.V., active in the maritime industry for over 165 years, has selected IFS Applications(TM) as its new enterprise software system. SMIT chose IFS...
Vought to Provide Wings for U.S. Navy Maritime Surveillance Aircraft
DALLAS-(Business Wire)-September 11, 2008 - Vought Aircraft Industries, Inc. said today that it will supply the wings for Northrop Grumman Corporation's (NYSE: NOC) platform aircraft for the U.S. Navy's new Broad Area Maritime Surveillance Unmanned Aircraft System (BAMS UAS) program. "We are honored...
Rowan Obtains Three-Year Contracts for Six Land Rigs
HOUSTON-(Business Wire)-September 11, 2008 - Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into three-year contracts with EnCana for four new 2000-horsepower land rigs. Delivery of the first rig is scheduled for May 2009, with each additional rig to follow approximately...
Garmin(R) Introduces the GWS(TM) 10: The Art of Windage Made Simple
OLATHE, Kan.-(Business Wire)-September 11, 2008 - Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the GWS 10 wind sensor, a NMEA 2000 compliant marine instrument that provides essential wind speed and direction data. This...
In-depth Analysis of China's Shipbuilding Industry for 2008
DUBLIN, Ireland-(Business Wire)-September 11, 2008 - Research and Markets has announced the addition of the "In-depth Analysis of China's Shipbuilding Industry 2008" report to their offering. In terms of the global shipbuilding market competition, in the first half of 2008 China contracted 455 new...
A&B Properties Sells Southern California Shopping Center
HONOLULU-(Business Wire)-September 10, 2008 - A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NASDAQ:ALEX), has sold Marina Shores Shopping Center — a 67,730 square-foot retail center on 6.7 acres in Long Beach, California — following an unsolicited...
U.S. Maritime Administrator to Visit Port of San Diego and Tour 10th Avenue Marine Terminal Thursday
-(Business Wire)-September 10, 2008 - -0- *T WHY: After a tour of the facility, Sean Connaughton, U.S. Maritime Administrator, will deliver remarks on, and be available for questions regarding, the importance of the Port of San Diego's maritime operations and make comments regarding the...
Navigators Establishes Presence in China
NEW YORK-(Business Wire)-September 10, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) announced today that its Lloyd's Syndicate 1221 is now underwriting insurance coverage in China through the Navigators Underwriting Division of Lloyd's Reinsurance Company (China) Ltd. (LRCCL). The establishment...
RedPrairie Enhances Internationalized Shipment Capabilities in Transportation Management System (TMS)
MILWAUKEE-(Business Wire)-September 10, 2008 - RedPrairie Corporation, a world leading consumer driven optimization company, announced today a host of new features in its updated transportation management (TMS) release - built especially for international users. Additions to the program include...
Trailer Bridge to Present at 5th Annual Jefferies Shipping Conference
JACKSONVILLE, Fla.-(Business Wire)-September 10, 2008 - Trailer Bridge, Inc. (NASDAQ: TRBR) today announced that the Company's CEO, John D. McCown, is scheduled to present at the Jefferies 5th Annual Shipping Conference on Tuesday, September 16, 2008 in New York, NY. Mr. McCown will be presenting at...
Global Maritime Domain Awareness Wins Innovations in American Government Award
CAMBRIDGE, Mass.-(Business Wire)-September 10, 2008 - The Ash Institute for Democratic Governance and Innovation at Harvard Kennedy School today announced the Global Maritime Domain Awareness Program as a winner of the 2008 Innovations in American Government Awards for its efforts in enhancing...
New Small, Transportable Nuclear "Battery" from Hyperion Power Generation to be presented at International Atomic Energy Agency's (IAEA) 52nd General Conference in Vienna, Austria
LOS ALAMOS, N.M.-(Business Wire)-September 9, 2008 - Members of the International Atomic Energy Agency (IAEA) will have an opportunity to learn about Hyperion Power Generation's (HPG - http://www.hyperionpowergeneration.com) unique, small, nuclear power module firsthand from the company's CEO at the...
KCS' Patrick J. Ottensmeyer to Address Bank of America 38th Annual Investment Conference
KANSAS CITY, Mo.-(Business Wire)-September 9, 2008 - Kansas City Southern (KCS) (NYSE: KSU) executive vice president and chief financial officer, Patrick J. Ottensmeyer, will address the Bank of America 38th Annual Investment Conference at 1:00 p.m. Pacific on Wednesday, September 17, 2008...
GATX Corporation to Present at Longbow Conference
CHICAGO-(Business Wire)-September 9, 2008 - GATX Corporation (NYSE:GMT) today announced that Brian A. Kenney, president and chief executive officer, will present at the Longbow Research Industrial Products Conference in New York on Thursday, September 11, 2008. The presentation will include an...
Mushroom Networks Unveils PortaBella(TM) Offering Mobile Users the Market's Fastest Cellular-Based Broadband Connection
SAN DIEGO-(Business Wire)-September 9, 2008 - Mushroom Networks, Inc. today unveiled PortaBella, the industry's first one-sided wireless broadband bonding appliance delivering the fastest available mobile Internet connection for downloading and uploading media-rich data. Powered by the company's...
Tidewater to Present at the Bank of America 38th Annual Investment Conference
NEW ORLEANS-(Business Wire)-September 9, 2008 - Tidewater Inc. (NYSE: TDW) announced today that J. Keith Lousteau, Chief Financial Officer, Executive Vice President and Treasurer, and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Bank of...
Transplace Taps Bill Hale to Drive Company into Small to Midsize Business Market
FRISCO, Texas-(Business Wire)-September 9, 2008 - Transplace, Inc., a leading provider of transportation management services and logistics technology solutions, today announced the appointment of Bill Hale as the company's vice president, marketing and business development. Mr. Hale's appointment...
Chatham, MA Chosen as Fifth "Fishing for Energy" Port
CHATHAM, Mass.-(Business Wire)-September 9, 2008 - "Fishing for Energy," an innovative partnership to recycle fishing equipment into energy, continues to catch on in New England by expanding to Chatham, MA. The "Fishing for Energy" partnership is an initiative between Covanta Energy, the National...
Valuable Information for the First Time Investor in the Indian Shipbuilding Industry or to the Veteran Industry Player
DUBLIN, Ireland-(Business Wire)-September 9, 2008 - Research and Markets has announced the addition of the "India Shipbuilding Report 2006" report to their offering. The India Shipbuilding Report 2006 consists of valuable information for the first time investor in the Indian shipbuilding industry or...
Overseas Shipholding Group Expands Its Clean Products International Commercial Pool
NEW YORK-(Business Wire)-September 8, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that Korea Line Corporation has joined Clean Products International (CPI), a commercial pool formed in 2006 by OSG and Ultragas...
"Fishing for Energy" Comes to Rhode Island
NEWPORT, R.I.-(Business Wire)-September 8, 2008 - "Fishing for Energy," an innovative partnership to recycle fishing equipment into energy, has expanded to Newport, Rhode Island. The program was launched at the Town Pier in an event today attended by U.S. Senator Sheldon Whitehouse (D-RI), as well...
Permanent Technologies Featured in an In-Depth Interview by Eric, David & Sons, Inc.
HAUPPAUGE, N.Y.-(Business Wire)-September 8, 2008 - Permanent Technologies, Inc. (Pink Sheets:PERT) announced that the Company's CEO, Loren Ball, has given an interview with Eric, David & Sons. The interview can be viewed at http://www.ericdavid.com/newsletter/mailer/PERT090708.html. In the...
Bluetooth Pilot Interface for Ship Pilots
AUSTIN, Texas-(Business Wire)-September 8, 2008 - Raven Industries, the manufacturer of lightweight Portable DGPS Pilot Systems, is pleased to introduce the Bluetooth Pilot Interface (BPI): a Class 1 product that gives ship pilots a quality Bluetooth wireless device that transmits data from the...
Go Daddy Fuels NASCAR "Sprint Cup" with Broadcast Sponsorship
SCOTTSDALE, Ariz.-(Business Wire)-September 8, 2008 - The action, excitement and roar of NASCAR has Go Daddy racing into the Sprint Cup Series as the broadcast sponsor of the Sylvania 300 at the New Hampshire Motor Speedway in Loudon, New Hampshire Sunday, airing on ABC at 1 p.m. EDT. Go Daddy...
James P. Kowske Appointed President of Laser Cladding Services, Ltd.
HOUSTON-(Business Wire)-September 8, 2008 - Gremada Industries, Inc. today announced it has tapped its vice president of sales and marketing, James P. Kowske, to serve as the president of subsidiary, Laser Cladding Services, Ltd. (LCS). In addition to the new appointment, Kowske will continue in his...
iRobot to Acquire Nekton Research, LLC
BEDFORD, Mass.-(Business Wire)-September 8, 2008 - iRobot Corp. (Nasdaq:IRBT) today announced it has signed a definitive agreement to acquire Nekton Research, LLC, an unmanned underwater robot and technology company based in Raleigh-Durham, North Carolina. The transaction is expected to close by...
Panama Ports Company Clarification on Reuters Story
PANAMA CITY, Panama-(Business Wire)-September 5, 2008 - Panama Ports Company (PPC) would like to clarify that there was no strike by the crane operators working at the Ports of Balboa and Cristobal. On 2 September, Reuters published a story entitled "Panama ports strike ends, canal traffic...
RocketBoat Preparing for Blastoff at PIER 39
SAN FRANCISCO-(Business Wire)-September 5, 2008 - Blue & Gold Fleet is getting ready to rumble the San Francisco Bay with its new RocketBoat. About to make waves at full throttle 36 knots, the 70-foot sleek vessel is ready for takeoff on Saturday, September 6, 2008. With daily runs from the PIER...
Sabre Cruises(R) Enhances Offerings, Navigation
SOUTHLAKE, Texas-(Business Wire)-September 5, 2008 - Following its July announcement of new cruise line additions, Sabre Cruises announces another Sabre first, access to the luxury cruise line the Yachts of Seabourn. Starting Sept. 8 agents shopping and booking through Sabre Cruises will receive...
Concordia: Termination of Equity Hedge
STOCKHOLM, Sweden-(Business Wire)-September 5, 2008 - Regulatory News: Today, Concordia Maritime (STO:CCORB) has terminated the equity hedge that has been in place since 2005 and which currently amounts to USD 135 million, equivalent to approx. 50% of equity. The decision will not have any impact on...
Marc La Monte Appointed to Head Gas Unit at Overseas Shipholding Group
NEW YORK-(Business Wire)-September 5, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced the appointment of Marc La Monte, 44, to lead its Gas Strategic Business Unit. In this role, Mr. La Monte will oversee the unit's...
GateKeeper USA, Inc. Announced Execution of Purchase Order
GAITHERSBURG, Md.-(Business Wire)-September 5, 2008 - GateKeeper USA, Inc. (Pink Sheets: GTKP), announced today that BACO Universal Distributing Inc. has executed a Blanket Purchase Order (BPO) with GateKeeper USA. In accordance with the BPO, GateKeeper USA will be the exclusive security provider...
Fitch Rates Pasadena, Texas' GOs 'AA-'; Outlook Stable
AUSTIN, Texas-(Business Wire)-September 4, 2008 - Fitch Ratings assigns an 'AA-' rating to Pasadena, Texas' (the city) approximately $21.6 million general obligation (GO) bonds, series 2008. Additionally, Fitch affirms the 'AA-' rating on the city's outstanding $118 million GO bonds and $17...
Rand Logistics to Present at CL King's Best Ideas Conference
NEW YORK-(Business Wire)-September 4, 2008 - Rand Logistics, Inc. (Nasdaq: RLOG; RLOGW; RLOGU) ("Rand") will present at CL King's Best Ideas Conference, being held September 17 and 18, 2008 at the Omni Berkshire Place Hotel in New York City. Edward Levy, President of Rand Logistics, and Scott...
Trailer Bridge to Co-Sponsor Puerto Rico's International Coastal Cleanup
JACKSONVILLE, Fla.-(Business Wire)-September 4, 2008 - Trailer Bridge, Inc. (NASDAQ: TRBR) today announced that it will be a co-sponsor of Puerto Rico's International Coastal Cleanup (ICC) on September 20, 2008. The ICC was started 22 years ago by Ocean Conservancy, a major Washington D.C. based...
Alexander & Baldwin, Inc. Announces Intent to List on New York Stock Exchange
HONOLULU-(Business Wire)-September 4, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced its intent to transfer trading of its shares to the New York Stock Exchange ("NYSE") from the NASDAQ Global Select Market ("NASDAQ"). Alexander & Baldwin expects to begin trading on the...
Market Research Report of China's Port Industry, 2008 is on Sale Now
DUBLIN, Ireland-(Business Wire)-September 4, 2008 - Research and Markets has announced the addition of the "Market Research Report of China's Port Industry, 2008" report to their offering. In the whole year of 2007, the cargo throughput of Chinas ports amounted to 6.41 billion tons, and the...
Cavotec: Cavotec's Emission-Reducing Alternative Maritime Power for New Container Vessels
STOCKHOLM, Sweden-(Business Wire)-September 4, 2008 - Alternative Maritime Power (AMP') specialist, Cavotec MSL (OTCBB:CVMLF), has won an order from Taiwan's CSBC Corporation to supply four AMP'systems for installation on four new-build container vessels. "This order illustrates the burgeoning...
AGV Logistica Ltda (AGV) Chooses Mertech for Oracle Database Migration
PEMBROKE PINES, Fla.-(Business Wire)-September 3, 2008 - AGV Logistica Ltda (AGV), one of the fastest growing logistics companies in Brazil, recently announced that it will use Mertech's Flex2SQL(TM) for Oracle middleware solution to adopt Oracle as its corporate database with their Visual...
INTTRA Announces Availability of Booking 2.0
PARSIPPANY, N.J.-(Business Wire)-September 3, 2008 - INTTRA, the leading e-commerce platform for the ocean freight industry, today announced the availability of INTTRA Link 2.0, the first release in a series being delivered on the new Booking 2.0 portal environment. After seven years and having...
International Shipholding Corporation to Respond to Offer
MOBILE, Ala.-(Business Wire)-September 2, 2008 - International Shipholding Corporation ("the Company") today received a letter dated September 2, 2008, in which Projection LLC, a wholly owned subsidiary of Liberty Shipping Group LLC, submitted a proposal to the Board of Directors of the Company to...
GATX Corporation to Present at Morgan Keegan Conference
CHICAGO-(Business Wire)-September 2, 2008 - GATX Corporation (NYSE:GMT) today announced that Robert C. Lyons, senior vice president and chief financial officer, will present at the Morgan Keegan 2008 Equity Conference in Memphis on Thursday, September 4, 2008. The presentation will include an...
Tampa Electric Files 2009 Fuel Costs with Florida Public Service Commission
TAMPA, Fla.-(Business Wire)-September 2, 2008 - Today, Tampa Electric made its annual fuel filing with the Florida Public Service Commission (FPSC). As the company originally announced in July, based on its most recent analysis of actual and projected fuel costs for 2008, total fuel costs for the...
SFIOD Fleet Hosts the IOD World Championship Regatta
SAN FRANCISCO-(Business Wire)-September 2, 2008 - In September, the 50-member San Francisco International One Design (IOD) Fleet will welcome 12 world-class teams from 5 countries for 5 Days of unsurpassed competition. The 60 visiting sailors will race our traditional yachts on one of the most...
Navigators to Present at Sidoti & Company Institutional Investor Forum
NEW YORK-(Business Wire)-September 2, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that Stan Galanski, President and Chief Executive Officer, and Frank McDonnell, Senior Vice President and Chief Financial Officer, will present at the Sidoti & Company, LLC Seventh Annual West...
Liberty Shipping Proposes to Acquire International Shipholding for $25.75 Per Share in Cash
LAKE SUCCESS, N.Y.-(Business Wire)-September 2, 2008 - Liberty Shipping Group LLC ("Liberty"), through its wholly-owned subsidiary, Projection LLC, announced today that it has sent a letter to the International Shipholding Corporation (NYSE: ISH) ("International Shipholding") Board of Directors...
A&B Acquires Bay Area Warehousing & Distribution Company
HONOLULU-(Business Wire)-September 2, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX)("A&B") announced today that its Matson Global Distribution Services subsidiary ("Matson Global") has completed the acquisition of Pacific American Services, LLC., ("PACAM"), a leading regional, asset-light...
Digital Angel Receives Special Dividend of $7.2 Million from VeriChip Corporation
SO. ST. PAUL, Minn.-(Business Wire)-September 2, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that it received a special dividend of approximately $7.2 million in cash from VeriChip...
DHT Maritime, Inc. Reports Second Quarter 2008 Results
ST. HELIER, Channel Islands-(Business Wire)-September 2, 2008 - DHT Maritime, Inc. (NYSE:DHT) today announced results for the period from April 1 to June 30, 2008. Total revenues for this period were $27.8 million and net income was $10.3 million, or $0.29 per share (diluted). The Board of Directors...
LVMH to Acquire Royal van Lent, Designer and Builder of Feadship Luxury Mega-Yachts
PARIS-(Business Wire)-September 1, 2008 - LVMH Moet Hennessy - Louis Vuitton, the world's leading luxury products group, has signed an exclusive agreement with Egeria, an investment company based in the Netherlands, to acquire Royal van Lent, the Dutch designer and builder of luxury custom...
DHT Maritime, Inc. to Announce Second Quarter 2008 Earnings on September 2, 2008
ST. HELIER, Channel Islands-(Business Wire)-August 29, 2008 - DHT Maritime, Inc. (NYSE:DHT) announced today that it plans to release its second quarter 2008 earnings on Tuesday September 2, 2008, prior to market open, and will host a conference call at 09:00 a.m. ET on the same day to discuss...
Research and Markets: An Essential Report on Marine Services in the UK
DUBLIN, Ireland-(Business Wire)-August 29, 2008 - Research and Markets - C & J MARINE SERVICES - FRASERBURGH MARITIME SERVICES - CALAIS MARINE SERVICES - G B MARINE - CALEDONIAN MARINE SERVICES - G & G TECHNICAL SERVICES - CAMBRIAN BOAT CENTRE - GARRETS MARINE SERVICES For more information...
Great Lakes Dredge & Dock Corporation Declares Quarterly Cash Dividend
OAK BROOK, Ill.-(Business Wire)-August 29, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services announced today that its Board of Directors ("the Board...
Research and Markets: Premium Company Profile Report: Nippon Yusen Kabushiki Kaisha
DUBLIN, Ireland-(Business Wire)-August 29, 2008 - Research and Markets . The group's cargo fleet includes vessels with heavy lifting capacity in its regular routes. Key reasons to purchase this title - Access all the important information and analysis on the company in a single report - Understand...
Alexander & Baldwin Reorganizes, Announces Promotions
HONOLULU-(Business Wire)-August 28, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX) Chairman and CEO Allen Doane today announced a series of management changes that will provide added leadership focus and strength to the Company. The changes are effective October 1, 2008. — Stanley M...
ExxonMobil Commences Site Work at Point Thomson to Support Drilling Program
ANCHORAGE, Alaska-(Business Wire)-August 28, 2008 - ExxonMobil Production Company today announced that it has completed initial barging of equipment and supplies to the Point Thomson drill site. This work supports the drilling program outlined in the Point Thomson development plan submitted to the...
Research and Markets: Overseas Shipholding Group, Inc. Strategic Analysis Profile Is a Comprehensive Profile of the Company including both Quantitative and Qualitative Research
DUBLIN, Ireland-(Business Wire)-August 28, 2008 - Research and Markets has announced the addition of the "Overseas Shipholding Group, Inc. Strategic Analysis Profile" report to their offering. - The Overseas Shipholding Group, Inc. Strategic Analysis Profile is a comprehensive profile of the company...
Research and Markets: A Company Profile on Navigation Maritime Bulgare EAD, Specialisers in Transportation
DUBLIN, Ireland-(Business Wire)-August 28, 2008 - Research and Markets - Company Profile" company profile to their offering. Navigation Maritime Bulgare EAD is a state-owned maritime shipping company. The company is specialised in the carriage of bulk, general and containerized cargo, ro-ro and...
SARS Corp and Securewest International Announce Turkish Maritime Registry Approval for LRIT Conformance Testing
SEATTLE-(Business Wire)-August 28, 2008 - SARS Corp. (OTCBB:SARO) ("SARS"), a provider of technologies dedicated to the satellite-based management of fixed and mobile assets, and its marketing partner Securewest International a leader in Maritime Security and emergency response, announced today that...
Digital Angel to Present at 11th Annual Kaufman Bros. Investor Conference on Friday, September 5
SO. ST. PAUL, Minn.-(Business Wire)-August 28, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that President and Chief Executive Officer Joseph J. Grillo will present at the 11th...
Great Lakes Dredge & Dock Corporation Files Form S-3 Shelf Registration Statement
OAK BROOK, Ill.-(Business Wire)-August 27, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) ("Great Lakes" or the "Company") today announced the filing of a resale shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC"). The selling stockholders...
D.M. Bowman Implements Logimax(R) WMS and Offers Broader, More Strategic Services
JACKSONVILLE, Fla.-(Business Wire)-August 27, 2008 - Bowman Logistics, a division of D.M. Bowman, Inc., announced they have implemented a new warehouse management system, Logimax. A mostly transportation-focused business, D.M. Bowman took a strategic view to capturing more market share by...
FedEx Launches Domestic Service in Mexico
MEMPHIS, Tenn.-(Business Wire)-August 27, 2008 - FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world's largest express transportation company, announced today the introduction of FedEx Express Nacional, a domestic next-business-day service that provides highly reliable, convenient...
World Logistics Services, Inc. Signs Agreement with Eastman Logistics
TAMPA, Fla.-(Business Wire)-August 27, 2008 - Eastman Logistics, has signed a letter of intent to merge with World Logistics Services, Inc. (Pink Sheets:WLSV). The merger is scheduled to take place in early September 2008. Eastman is a non-asset based brokerage and logistics firm with over 10...
John Deere Distributor Flint Equipment Company Expands into the Carolinas with Acquisition of Van Lott Inc.
ALBANY, Ga.-(Business Wire)-August 27, 2008 - Flint Equipment Company, an Albany-based John Deere distributorship for nearly 40 years, completed its largest acquisition to date through an asset purchase of Van Lott Inc. Van Lott is a 73-year-old, family-owned John Deere construction and forestry...
Tidewater to Present at the Lehman Brothers CEO Energy/Power Conference
NEW ORLEANS-(Business Wire)-August 26, 2008 - Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer, Quinn P. Fanning, Executive Vice President and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present...
Todd Shipyards Corporation Announces U.S. Navy Award of Five Year Overhaul Contract on Aircraft Carriers
SEATTLE-(Business Wire)-August 26, 2008 - Todd Shipyards Corporation (NYSE:TOD) announced today that its wholly owned subsidiary, Todd Pacific Shipyards Corporation ("Todd Pacific" or the "Company"), has been awarded a contract by the United States Navy ("Navy") to provide long-term overhaul and...
Navigators to Present at Keefe, Bruyette & Woods Insurance Conference
NEW YORK-(Business Wire)-August 26, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that Stan Galanski, President and Chief Executive Officer, and Frank McDonnell, Senior Vice President and Chief Financial Officer, will present at the Keefe, Bruyette & Woods Insurance...
Walberg Tours Thetford Plant, Conducts Town Hall Meeting with Employees
DEXTER, Mich.-(Business Wire)-August 26, 2008 - U.S. Rep. Tim Walberg (R-Tipton) toured Thetford Corporation's manufacturing plant here today, viewing lean manufacturing practices in action. Widely acknowledged as a leader in lean, the company has reduced manufacturing time and increased...
Aker Philadelphia Shipyard Build Methodologies Confirmed in U.S. District Court Decision
PHILADELPHIA-(Business Wire)-August 25, 2008 - In a decision filed today the U.S. District Court of the Eastern District of Pennsylvania has upheld the United States Coast Guard interpretation of the Jones Act as it relates to the modern building methods employed by Aker Philadelphia Shipyard...
Todd Shipyards Corporation Announces Dividend
SEATTLE, Wash.-(Business Wire)-August 25, 2008 - Todd Shipyards Corporation ("Company") (NYSE:TOD) announced that its Board of Directors, at its August meeting, declared a dividend of five cents ($0.05) per share to be paid December 23, 2008 to all shareholders of record as of December 8, 2008...
Claymore Launches First Shipping ETF (SEA)
LISLE, Ill.-(Business Wire)-August 25, 2008 - Claymore Securities, Inc., the third-fastest growing exchange-traded fund provider in 2007*, today announced the launch of the Claymore/Delta Global Shipping Index ETF (NYSE Arca: SEA) on NYSE Arca. SEA is the first shipping ETF that provides investors...
Omega Commercial Finance Hires VP of Marine Operations for the Omega Royale Casino Vessel
MIAMI-(Business Wire)-August 25, 2008 - Omega Commercial Finance Corporation (OTCBB:OCFN), the parent company of "Omega Royale" is pleased to announce the appointment of Captain Donald Mathias as Chief Captain and VP of Marine Operations. Captain Mathias brings over 25 years of experience in the...
American Seafoods Announces Acquisition of Factory Trawler HIGHLAND LIGHT
SEATTLE-(Business Wire)-August 15, 2008 - America Seafoods Group ("American Seafoods") today announced that it has acquired the factory trawler HIGHLAND LIGHT and the fishing vessel TRACY ANNE from subsidiaries of Yardarm Knot, Inc. following the receipt of applicable government approvals. The...
K-Sea Transportation Partners L.P. Announces Public Offering of 2,000,000 Common Units
NEW YORK-(Business Wire)-August 15, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced that it has priced a public offering of 2,000,000 common units representing limited partner interests. The underwriters have been granted an option to purchase up to an additional 300,000 common...
CORRECTING and REPLACING B+H Ocean Carriers, Ltd. Announces Unaudited Results for Second Quarterly Period Ended June 30, 2008 and Investment in Offshore Accommodation Unit
NEW YORK-(Business Wire)-August 15, 2008 - Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: B+H OCEAN CARRIERS, LTD. ANNOUNCES UNAUDITED RESULTS FOR SECOND QUARTERLY PERIOD ENDED JUNE 30, 2008 AND INVESTMENT IN OFFSHORE...
C.H. Robinson Worldwide Declares Quarterly Cash Dividend
MINNEAPOLIS-(Business Wire)-August 14, 2008 - C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 22 cents ($0.22) per share, payable on October 1, 2008, to shareholders of record on September 5...
Manufacturing Business Technology Announces First Annual Innovation Insight Awards
OAK BROOK, Ill.-(Business Wire)-August 14, 2008 - Manufacturing Business Technology, the leading source of information on the strategic use of information technology in manufacturing and distribution companies, has revealed the winners of its inaugural Innovation Insight Awards program. All of the...
UPS Board Declares Dividend
SHANGHAI, China-(Business Wire)-August 14, 2008 - The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares. The dividend is payable Sept. 9, 2008, to shareholders of record on Aug. 25, 2008. UPS has either...
Rand Logistics Reports 180 Percent Year-over-Year EBITDA Growth for the First Quarter of Fiscal 2009
NEW YORK-(Business Wire)-August 14, 2008 - Rand Logistics Inc. (Nasdaq: RLOG; RLOGW; RLOGU) ("Rand") today announced financial and operational results for the fiscal 2009 first quarter ended June 30, 2008. Quarter ended June 30, 2008 Financial Highlights Versus Quarter ended June 30, 2007 &mdash...
Cycle Country Accessories Corp. Announces Q 3 Loss of 6 Cents per Share, Reduces Yearly Guidance to 10-14 Cents from 15-20 Cents
MILFORD, Iowa-(Business Wire)-August 14, 2008 - Cycle Country (AMEX:ATC), a leading supplier of ATV accessories, Golf Accessories, Oil Filters and Contract Manufacturing services announces disappointing earnings for the third reporting quarter and a downward revision to its annual guidance. Based...
California Rowing Club Athletes Row with Iraqi Athletes at Olympic Games
BEIJING-(Business Wire)-August 13, 2008 - Two athletes from the California Rowing Club, a national training center for elite-level rowers, had a truly unique experience at the Olympic Games in Beijing, China today. They found themselves paired to compete in a final consisting of only two boats, with...
Overseas Shipholding Group Announces Sale of Two Non-Core Assets
NEW YORK-(Business Wire)-August 13, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced the sale of subsidiaries that time chartered-in two non-core assets, the Matilde and Chrismir, both 1997-built dry bulk carriers...
Cycle Country Announces Conference Call
SPENCER, Iowa-(Business Wire)-August 13, 2008 - Cycle Country (AMEX: ATC), a leading supplier of ATV accessories, Plastic Wheel Covers, Golf Car Accessories, Oil Filters and Contract Manufacturing services, announces to its investors and other interested parties, that there is a scheduled conference...
Concordia: Interim Report 1 January - 30 June 2008
STOCKHOLM, Sweden-(Business Wire)-August 13, 2008 - Regulatory News: Concordia (STO:CCORB): — Net sales: SEK 257.7 (224.7) million — Profit after tax: SEK 39.3 (22.5) million — Profit per share after tax: SEK 0.82 (0.47) — EBITDA of USD 11.6 (5.3) million This information...
Ampal-American Israel Corporation Announces the Successful Completion of the Offers in Israel to Purchase All Outstanding Shares and Convertible Debentures of Gadot Chemical Tankers and Terminals Ltd.
TEL AVIV, Israel-(Business Wire)-August 12, 2008 - Ampal-American Israel Corporation (NASDAQ:AMPL) today announced that Merhav-Ampal Energy Ltd. ("MAE"), a wholly owned subsidiary of Ampal, successfully completed the tender offers in Israel to purchase all outstanding shares of common stock...
Sense Technologies' ScopeOut(R) Safety Back-up Mirrors to Be Sold at Military Exchanges
CHANDLER, Ariz. & GRAND ISLAND, Neb.-(Business Wire)-August 12, 2008 - Sense Technologies, Inc. (Pink Sheets: SNSG) announced today that its flagship product ScopeOut(R) has been purchased by the Army and Air Force Exchange Service and will be sold at approximately 22 major military bases and...
K-Sea Transportation Partners L.P. Announces Results for Fourth Quarter and Fiscal Year Ended June 30, 2008
NEW YORK-(Business Wire)-August 12, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced its operating results and net income for the fourth fiscal quarter and year ended June 30, 2008. Net income for the fourth quarter was $6.4 million, or $0.45 per fully diluted limited partner...
Help Protect Florida's Environment by Dialing #DEP
TAMPA, Fla.-(Business Wire)-August 12, 2008 - Verizon Wireless customers across Florida can now help protect the Sunshine State's natural resources by dialing #DEP from their wireless phones when they witness environmental crimes. The calls will be automatically directed to the Florida Department of...
CIM USA Launches 2D Data Matrix(TM) Metal Embosser Ideal for Industrial Marking Applications Requiring Automatic Data Collection
MIAMI-(Business Wire)-August 12, 2008 - CIM USA, a leading manufacturer and distributor of a complete line of machines for industrial metal tag and dog tag marking, announces the introduction of the ME2000 DM, a new 2D Data Matrix(TM) Metal Tag Solution. CIM USA is the leading provider of...
Aker Philadelphia Shipyard Board of Directors Approves Proposal to Distribute Interim Dividend in 2008
PHILADELPHIA-(Business Wire)-August 12, 2008 - The Board of Directors of Aker Philadelphia Shipyard ASA (Oslo:AKPS), a leading U.S. commercial shipyard, recently approved a proposal by management to distribute an interim dividend to its shareholders. An Extraordinary General Meeting has been...
Navigators Receives Approval in Brazil
NEW YORK-(Business Wire)-August 12, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that its principal insurance company subsidiary, Navigators Insurance Company, has received regulatory approval to underwrite reinsurance in the newly de-regulated Brazilian reinsurance market. Stan...
Hyperion Power Generation Lands Initial Set of Customers for the HPM Small, Safe, Transportable Nuclear Power Reactor
LOS ALAMOS, N.M.-(Business Wire)-August 12, 2008 - Hyperion Power Generation's CEO, John R. "Grizz" Deal, announced today that the company has received its first Letter of Intent to purchase the Hyperion Power Module (TM) (HPM), a small, compact, transportable, nuclear power reactor...
Peoples Gas Files for New Natural Gas Base Rates
TAMPA, Fla.-(Business Wire)-August 11, 2008 - As announced in June, Peoples Gas System today filed with the Florida Public Service Commission (FPSC) for an increase to its base rates. The request reflects ongoing investment in the company's natural gas distribution system, as well as significant...
Tampa Electric Files for Base Rate Increase, First since 1992
TAMPA, Fla.-(Business Wire)-August 11, 2008 - Tampa Electric (NYSE:TE) today formally filed its request for a base rate increase with the Florida Public Service Commission (FPSC). The last time the company made such a request was 16 years ago. Since Tampa Electric's last base rate adjustment went...
Warm Asian Response to TTEG Technology
DELAND, Fla.-(Business Wire)-August 11, 2008 - Mr. Michael Rouse, CEO of Turbine Truck Engines, Inc. ("TTE") (OTCBB:TTEG), is pleased to announce that the introduction of the company's Detonation Cycle Gas Turbine Engine to Asian automotive manufacturers has been extremely well received. Visionary...
GE Ultrasonic Flaw Detectors Provide Flexible Solution Platform
BILLERICA, Mass.-(Business Wire)-August 11, 2008 - GE Sensing & Inspection Technologies introduces a new family of ultrasonic flaw detectors, providing inspectors with a flexible platform, as inspection needs change. The Phasor family incorporates conventional and phased array ultrasound...
Odyssey Marine Exploration Announces Second Quarter 2008 Results
TAMPA, Fla.-(Business Wire)-August 11, 2008 - Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), the world leader in the field of deep-ocean shipwreck exploration, today filed a quarterly report with the Securities and Exchange Commission detailing results of the Company's second quarter 2008. For...
Concordia: Teleconference Invitation
STOCKHOLM, Sweden-(Business Wire)-August 11, 2008 - The Interim Report for Q2, 2008, will be presented and questions answered. Attending: Hans Noren, President Goran Hermansson, Financial Manager Phone: +44 (0)20 7162 0025 or +46 (0)8 5052 0110 Conference title: Concordia Maritime Recorded...
Jaguar Freight Services Continues Expansion and Commitment to European Market with Opening of New Paris Office
NEW YORK-(Business Wire)-August 11, 2008 - Simon Kaye, founder and CEO of Jaguar Freight Services, today announced the opening of their newest office to open September 2008 at Charles de Gaulle Airport (CDG) in Paris, France. Jaguar Freight Services is one of the most specialized freight transport...
Wireless Maritime Services and SeaMobile Enterprises Announce Commercial Agreement Resulting in Expanding WMS' Business
SEATTLE-(Business Wire)-August 11, 2008 - Wireless Maritime Services (WMS), a joint venture of AT&T Mobility and SeaMobile(R) Enterprises, announced today it will acquire certain maritime wireless assets of SeaMobile Wireless, a division of SeaMobile Enterprises. The WMS joint venture is further...
Todd Shipyards Corporation Announces Quarterly Financial Results for June 29, 2008
SEATTLE-(Business Wire)-August 8, 2008 - Todd Shipyards Corporation (NYSE:TOD) announced financial results for the first quarter ended June 29, 2008. For the quarter, we reported a net loss of $1.3 million or $0.23 per diluted share on revenue of $18.2 million. For the prior year first quarter ended...
Seafarer Exploration Corp. Completes Private Placement
NEW YORK-(Business Wire)-August 8, 2008 - Seafarer Exploration Corp. (OTCBB:SFRX) announced today the company has completed its equity private placement financing. Proceeds from the private placement will be used for working capital for the company. The terms of the private placement were as...
DRS Technologies Declares Quarterly Dividend
PARSIPPANY, N.J.-(Business Wire)-August 8, 2008 - DRS Technologies, Inc. (NYSE: DRS) today announced that its board of directors has declared a quarterly cash dividend of $0.03 per share on the company's common stock. The dividend is payable on September 30, 2008 to stockholders of record as of...
New Underwater Anti-Terrorism Technology to Patrol San Francisco Bay
NEW YORK-(Business Wire)-August 8, 2008 - Coda Octopus Group, Inc. (OTCBB: CDOC) said today the Company's Underwater Inspection System(TM) (UIS), developed in cooperation with the US Coast Guard, has been purchased by the Sheriff's Office of Contra Costa County, CA. Contra Costa County will be the...
Muscogee (Creek) Nation Deploys Pivot3 High-Definition Storage for State-of-the-Art IP Video Surveillance Installation
PALO ALTO, Calif. & TULSA, Okla.-(Business Wire)-August 8, 2008 - Pivot3, Inc., the inventor of high-definition storage based on distributed RAID, and Connections IT of Tulsa, Oklahoma, one of the most prominent gaming industry systems integrators, today announced that the Muscogee (Creek...
DRS Technologies Reports Record First Quarter Results
PARSIPPANY, N.J.-(Business Wire)-August 8, 2008 - DRS Technologies, Inc. (NYSE: DRS) today reported record financial results for the first quarter of fiscal 2009, which ended June 30, 2008. Results included higher revenues, operating income, net earnings and earnings per share than the same period a...
PHI, Inc. Announces Results for the Second Quarter Ended June 30, 2008
LAFAYETTE, La.-(Business Wire)-August 7, 2008 - PHI, Inc. (The Nasdaq Global Market: PHII) (voting)(The Nasdaq Global Market: PHIIK)(non-voting) today reported net earnings of $6.3 million ($0.41 per diluted share) on operating revenues of $130.1 million for the quarter ended June 30, 2008. For...
SeaMobile(R) Enterprises and Subsidiary Wave Entertainment Network(TM) Announce Extensive U.S. Television Platform for Cruise Ships
MANHATTAN BEACH, Calif. & SEATTLE-(Business Wire)-August 7, 2008 - Wave Entertainment Network(TM), a division of SeaMobile(R) Enterprises, announced today its top-tier IPTV television platform available to the cruise line industry worldwide. The continually expanding lineup includes linear and...
Great Lakes Dredge & Dock Corporation Reports 2008 Second Quarter Results
OAK BROOK, Ill.-(Business Wire)-August 7, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today reported financial results for the second quarter and...
PortVision Selected as Enterprise Portal for Maritime Traffic Analysis within MarView Platform by the U.S. Department of Transportation Maritime Administration
SAN DIEGO-(Business Wire)-August 7, 2008 - AIRSIS announced today its PortVision service was selected by the U.S. Department of Transportation's Maritime Administration to provide maritime data analytics and historical reporting for its MarView Internet portal. Under the subscriber agreement, The...
Clean Energy to Present at Canaccord Adams 28th Annual Global Growth Conference in Boston
SEAL BEACH, Calif.-(Business Wire)-August 7, 2008 - Clean Energy Fuels Corp. (Nasdaq:CLNE) announced today that Andrew J. Littlefair, the Company's President and Chief Executive Officer, and Rick Wheeler, the Company's Chief Financial Officer, will be presenting at the Canaccord Adams 28th Annual...
Ampal-American Israel Corporation Announces Preliminary Results of the Offers in Israel to Purchase All Outstanding Shares and Convertible Debentures of Gadot Chemical Tankers and Terminals Ltd.
TEL AVIV, Israel-(Business Wire)-August 6, 2008 - Ampal-American Israel Corporation - (NASDAQ:AMPL) today announced that in connection with the previously announced tender offers by Merhav-Ampal Energy Ltd. ("MAE"), a wholly owned subsidiary of Ampal, to purchase all outstanding shares of common...
United Components Reports Results of Operations for Second Quarter 2008
EVANSVILLE, Ind.-(Business Wire)-August 6, 2008 - United Components, Inc. ("UCI") today announced results for the quarter ended June 30, 2008. Revenue of $229.3 million decreased $30.3 million compared to the year-ago quarter. Last year's second quarter included $12.1 million in sales resulting from...
In Wake of Shipyard Fire Disaster, Aetna Waives Premium to Help Washburn & Doughty Associates
HARTFORD, Conn.-(Business Wire)-August 6, 2008 - The only thing tougher than a Washburn & Doughty Associates tugboat may be the company itself. Before the disastrous fire that destroyed its shipyard was even fully extinguished, Washburn & Doughty, one of the biggest commercial boat...
Naturipe Berry Growers Reports Positive Economic and Environmental Impact with CHEP Pallet Pool
SALINAS, Calif.-(Business Wire)-August 6, 2008 - Naturipe Berry Growers, a leading produce company, today announced it is seeing significant benefits from the CHEP pallet pool and will continue to ship on platforms from the world's largest equipment pooling company. The company transports...
American Science and Engineering, Inc. Receives DHS SAFETY Act Certification for Multiple Products
BILLERICA, Mass.-(Business Wire)-August 6, 2008 - American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E(R)), a leading worldwide supplier of innovative X-ray inspection solutions, announced today that it has received SAFETY (Support Anti-terrorism by Fostering Effective Technology) Act...
Genesis Energy, L.P. Reports Second Quarter Results
HOUSTON-(Business Wire)-August 6, 2008 - Genesis Energy, L.P. (AMEX:GEL) reported today net income for the second quarter of 2008 of $7.3 million, or $0.17 per unit. This compares to a loss in the 2007 period of $1.4 million, or $0.09 per unit. Net income for the first six months of 2008 was $9.0...
Yingli Green Energy Reports Second Quarter 2008 Results
BAODING, China-(Business Wire)-August 6, 2008 - Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced its unaudited financial results for the second...
White House Personnel Announcement
SEOUL, South Korea-(Business Wire)-August 6, 2008 - Office of the Press Secretary President George W. Bush today announced his intention to appoint one individual to serve in his Administration. The President intends to appoint Mark V. Rosenker, of Maryland, to be Vice Chairman of the National...
AECOM to participate in UBS Engineering and Construction One-on-One Conference
LOS ANGELES-(Business Wire)-August 5, 2008 - AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that Michael S. Burke, executive vice president, chief corporate...
K-Sea Transportation Partners L.P. Announces Expected Results for Fourth Quarter and Fiscal Year Ended June 30, 2008
NEW YORK-(Business Wire)-August 5, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced expected operating results and net income for the fourth fiscal quarter and year ended June 30, 2008. These amounts are being presented in a range and are subject to finalization pending...
CORRECTING and REPLACING KCS Announces the Appointment of John S. Jacobsen as Vice President and Chief Engineer
KANSAS CITY, Mo.-(Business Wire)-August 5, 2008 - In headline and first paragraph, John S. Jacobsen's title should read vice president and chief engineer (sted vice president engineering). The corrected release reads: KCS ANNOUNCES THE APPOINTMENT OF JOHN S. JACOBSEN AS VICE PRESIDENT AND CHIEF...
Aker Philadelphia Shipyard Holds Ceremonial Keel Laying
PHILADELPHIA-(Business Wire)-August 5, 2008 - Aker Philadelphia Shipyard (Oslo:AKPS), a leading U.S. commercial shipyard, held a ceremonial keel laying today for the eleventh vessel being built at the yard. The Veteran Class MT-46 product tanker is the seventh in a series of 12 tankers being...
Expeditors Announces 2nd Quarter Results, Operating Income Up 11%
SEATTLE-(Business Wire)-August 5, 2008 - Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced net earnings of $71,249,000 for the second quarter of 2008, as compared with $65,489,000 for the same quarter of 2007, an increase of 9%. Net revenues for the second quarter of 2008...
Textainer Group Holdings Limited Reports Second Quarter 2008 Results and Declares Quarterly Dividend
HAMILTON, Bermuda-(Business Wire)-August 5, 2008 - Textainer Group Holdings Limited (NYSE:TGH) ("Textainer"), the world's largest lessor of intermodal containers based on fleet size, today reported results for the second quarter ended June 30, 2008. Total revenues for the quarter increased by $8.9...
Great Lakes Dredge & Dock Corporation Schedules Announcement for 2008 Second Quarter Results
OAK BROOK, Ill.-(Business Wire)-August 4, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release its financial results for the quarter and six months ended June 30, 2008 on Thursday, August 7, 2008 at 7:00 a.m. C.D.T. A conference call with the Company...
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