News

The christening ceremony for MV. COSCO Glory and MV. COSCO Pride, two of the series of 13100TEU container ships built by Ulsan Shipyard of Hyundai Heavy Industry (“HHI”), was attended and witnessed by Capt.

Concordia Maritime has taken delivery of the product tanker Stena Premium, which will soon enter into a 3-year charter contract with Glencore subsidiary ST Shipping.

FreeSeas Inc., a transporter of dry-bulk cargoes through the ownership and operation of a fleet of Handysize and Handymax vessels, announced yesterday that it is extending

Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced yesterday that a subsidiary of the Company has entered into time charter agreement

In the world's shipbuilding market including European and American markets that sustain the world's largest economy, the vessels built by DSME are appreciated as "ships of the finest quality" in the world. Major oil

Earlier this week, EU NAVFOR confirmed that on 8 May the MV Yuan Xiang had been released from pirate

HRH The Prince Consort of Denmark visited the North American headquarters of Maersk in Madison, NJ, today. The Prince Consort met with Chairman and CEO of Maersk Inc. J. Russell Bruner, Chief Financial Officer Maersk

Mr Jyrki Laurikainen has been appointed Facility Director in Wärtsilä Corporation as of March 1, 2011. Mr Laurikainen will report to Raimo Lind, Executive Vice President & CFO.

Wärtsilä attends the CIS Railway Council meeting exhibition at the Finlandia Hall in Helsinki 18-19 May 2011. In addition to Wärtsilä, VR Group (the Finnish railway company),

The construction work at the old Wärtsilä yard by the river of Aura in Turku has started. A new residential area will be built in the grounds that Wärtsilä Corporation owns.