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Nov
20
0
6:50 AM Sources: PrimeZone Media Network
DALLAS, Nov. 20, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring shipping transportation company Excel Maritime Carriers Ltd. (NYSE:EXM). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision. The investment report on Excel Maritime Carriers Ltd. (NYSE:EXM) should be of particular interest to comparable companies: Diana Shipping Inc. (NYSE:DSX) DryShips In  

Nov
19
0
Butler County Commissioners voted unanimously yesterday to set aside a corner of Diamond Park for a second World War II monument, all in the interests of peace between warring factions of veterans. The exact dimension of the land is yet to be calculated, said Commissioners Chairman Dale Pinkerton, but the site for the new monument to the Merchant Marine will be in the grassy area to the left of the monument that has been a lightning rod in a nine-year argument over the proper place to list the mariners.  

Nov
18
0
Canal Winchester resident Dan Sommer has been named the Defense Supply Center Columbus Associate of the Month. Sommer supervises a team in the maritime supplier operations directorate that supports the Navy's nuclear reactor program. He was recognized for his efforts to reduce back orders and also for his continuing work to improve support the Navy's Landing Craft Air Cushion program.  

Nov
18
0
9:34 AM Sources: Marinelink
Mercator Shipping Lines India's second largest private shipping company in terms of tonnage will never be short of seafarers. By offering a vibrant and motivating career path to its floating staff, Mercator Lines has broken with tradition by carving out a strategy to retain and attract the finest talent in the field in a bid to extend unmatched services to its customer. With a fleet strength of 16 (4 tankers and 12 bulk carriers), Mercator Lines does the entire manning on their own. 12 of the ships are  
more news on: Shipping news

Nov
18
0
5:24 AM Sources:
Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE: NM), a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the third quarter and nine months ended September 30, 2009. "I am pleased with our financial performance for the quarter. We generated approximately $56.0 million of EBITDA. This quarter reflects a year's worth of hard work positioning Navios in the market. Our efforts were recognized, as we successfully accessed the high yield market

I am pleased with our financial performance for the quarter. We generated approximately $56.0 million of EBITDA. This quarter reflects a year's worth of hard work positioning Navios in the market. Our efforts were recognized, as we successfully accessed the high yield market and closed on a $400.0 million secured note offering with a coupon of 8 7/8%   -Angeliki Frangou

 

Nov
18
0
1:12 AM Sources: Deccan Chronicle - India
Though traditional mariners have inconsistent opinion about women, Indian Maritime University (IMU) reports that there is a major increase in the number of women candidates who are applying for maritime-related courses for the past two years. "Though women have seen limited role in the maritime industry so far, of late more women are being recruited for maritime jobs. Also, the government is encouraging women candidates to pursue maritime studies by providing Rs 75,000 fee concession a year," said Dr P.  

Nov
16
0
AROUND 50 people gathered to pay their respects at a remembrance service at Newport's Merchant Seamen's Memorial on Saturday.  

Nov
14
0
5:37 PM Sources: Paul Flynn - Read My Day
Last week there were several armistice day commemorations in my constituency.  

Nov
14
0
4:57 PM Sources: Virgin Islands Daily News
The World Ocean School aboard the schooner Roseway has returned to the territory for their fifth winter plying the waters of St. Croix.  

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