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Visit One News Page for Marine news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Marine news headlines.

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    Electromagnetic Geoservices ASA (the "Company" or "EMGS") releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.

    Vessel utilisation for the third quarter 2018 was 29% compared with 77% for the third quarter in 2017.

    In the third quarter of 2018, the Company's vessels were allocated 29% to multi-client projects and no time was spent on proprietary work. In the comparable quarter of 2017, the vessel was allocated 72% to multi-client projects and 5% to a funded research and development project.

    EMGS had two vessels in operation and recorded 6.0 vessel months in the quarter. In the third quarter 2017, the Company recorded 3.0 vessel months.

    *Vessel activity
    *The Atlantic Guardian acquired data on multi-client surveys in the North Sea in the beginning of the quarter, after which she acquired data on a multi-client survey in the Norwegian Sea until 16 September 2018.

    The Atlantic Guardian's utilisation for the third quarter was 59%.

    The BOA Thalassa has been idle this quarter.

    *Multi-client revenues in the third quarter
    *The new revenue recognition standard, IFRS 15, was effective from 1 January 2018. The new standard's impact on recognition of multi-client pre-funding revenues has still not been concluded. The interpretation of the new standard is the same as last quarter. The multi-client prefunding revenues are recognised at the point in time final data is delivered to the customer, and not based on the so-called Percentage of Completion (POC) principle.

    The Company expects to record approximately USD 5 million in multi-client revenues for the third quarter 2018.

    If the Company had used the same revenue recognition principles as in 2017 (i.e. the POC principle), the multi-client revenues for the third quarter 2018 would have totaled approximately USD 2 million.

    The difference in revenues are timing differences only and does not have any effect on cashflow.

    EMGS will publish its third quarter 2018 financial results on Thursday 1 November 2018 at 07:30 CET. A presentation will be broadcasted live over the Internet, starting at 10:00 CET. To access the presentation, please go to the Company's homepage (www.emgs.com) and follow the link.

    *Contact
    *Hege Veiseth, EMGS Chief Financial Officer, +47 992 16 743

    *About EMGS
    *EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company's services enable the integration of EM data with seismic and other geophysical and geological information to give exploration experts a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel.

    EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston, Mexico City, Rio de Janeiro and Kuala Lumpur.

    For more information, visit www.emgs.comThis information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Reported by GlobeNewswire 17 hours ago.

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    Join this nonprofit in their mission to build a new life changing Center dedicated to the physical, mental, and social recovery of wounded warriors.

    LOS ANGELES (PRWEB) October 04, 2018

    On October 20, 2018 in Westlake Village, California, Disabled Sports Eastern Sierra will benefit from Bravery Uncorked--an afternoon of food, wine, and jazz where 100% of the proceeds will benefit the first National Wounded Warrior Center in Mammoth Lakes, California. A small group of passionate volunteers have spearheaded this fundraising event for the last six years. 

    This trailblazing facility will function as a civilian life reintegration lodge for active duty and veteran wounded warriors. Here they will have access to education, rehabilitation, and health and wellness programs in a world class environment for therapeutic outdoor experiences.

    “In 2017, we set our sights on fundraising $100K and were thrilled by everyone’s generosity and support.” said Executive Director Kathy Copeland. “We are excited to see what we can do this year, and we have amazing auction prizes and an inspiring wounded warrior guest speaker.”

    The 7th Annual Bravery Uncorked Benefit will run from 12:30pm-4:30pm on October 20, 2018 at Boccaccio’s Restaurant, overlooking the lake.

    The event will include wine tasting, a delicious Hors d’ Oeuvres reception, live jazz with the Jack Daro Trio, and a live and silent auction, including original photography, spa treatments, golf rounds, wines, special event tickets, and more.

    Guests will also experience the life-affirming words of guest speaker Josh Elliott, a marine veteran who lost both legs after stepping on an IED in Afghanistan. After returning home, he fell in love with the freedom and exhilaration of mono-skiing and has traveled the world to compete, including the 2018 Paralympic games.

    To learn more about this philanthropic event, visit https://501auctions.com/braveryuncorked or contact Brooke Daily at brooke(at)veteranpr(dot)com. 

    About
    Disabled Sports Eastern Sierra is a nationally recognized adaptive sports program that offers year-round instruction for children and adults with cognitive and physical disabilities. Based in and around beautiful Mammoth Lakes, CA, they create inspiring challenges, provide expert instruction, and rally the community to comfortably accommodate people with disabilities. In 2007, DSES launched the first wounded warrior programs and now estimates 20% of their adaptive lessons directly serve wounded warriors. With the launch of their National Wounded Warrior Center initiative, they hope to help countless others learn, heal, and thrive. To learn more about Disabled Sports Eastern Sierra or their initiative to build the National Wounded Warrior, visit http://www.disabledsportseasternsierra.org or http://www.woundedwarriorsmammoth.org.

    Disabled Sports Eastern Sierra is a 501(c) 3 non-profit organization and received the GuideStar Gold Seal. Reported by PRWeb 17 hours ago.

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    KEMP, Texas, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a leading manufacturer of portable explosion proof lighting, released a portable explosion proof LED light tower featuring a rechargeable battery that powers the light for up to 1.5 hours. This tripod-mounted LED light tower is listed for worldwide use in the United States, Canada, Europe and Asia.The EXHL-TP-RPS-17AH-LE1 from Larson Electronics is a tripod-mounted rechargeable explosion proof LED light tower that offers a portable and convenient source of high-intensity LED light. This light tower produces 1,320 lumens while drawing just 12 watts and is available in a spot or flood configuration. The spot configuration features a 10° beam that measures 800 feet in length and 14 feet in width, while the flood configuration throws a 40° beam that measures 300 feet in length and 225 feet in width. The lamp head can be removed from the tripod and carried, like a compact lantern, or used hands-free, as a standalone light - great for on-the-go operations.

    A rechargeable battery is included, which offers 1.5 hours of runtime in a fully charged state. The battery can be charged using an AC charger. Without electrical wires required for use, this light tower can be setup just about anywhere, perfect for remote location worksites.

    This light tower is mounted on a heavy-duty aluminum tripod that can be adjusted to 10 feet or lowered to 3.5 for smaller applications. Durable and lightweight, this tripod can be carried, like a compact lantern, or used hands-free, as a standalone light - great for on-the-go operations.

    The EXHL-TP-RPS-17AH-LE1 is rated for Class I, Divisions 1 & 2, Groups B, C, D, Class I, Zones 1 & 2, Groups IIB+H2, IIA, Class II, Divisions 1 & 2, Groups E, F, G and Class III Divisions 1 & 2 hazardous areas. The LED lamp is constructed of extruded aluminum and has a polycarbonate lens. This unit is also rated NEMA Type 3, 4, 4X, 7 (B, C, D) and 9 (E, F, G) - designed to withstand the rigors of demanding environmental and operating conditions while remaining lightweight and easy to use.

    “This portable light tower is a great option for those who need a lot of flexibility with their lighting solution,” said Rob Bresnahan, CEO of Larson Electronics LLC. “The tripod mount offers height adjustment for different sized applications, the removeable LED lamp offers high portability and flexible light placement, and the rechargeable battery means no wires, adding additional placement options.”

    *About Larson Electronics LLC:* Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.

    *For further information, please contact:*
    Rob Bresnahan, *President and CEO
    *Toll-free: 1-800-369-6671
    Phone: 214-616-6180
    Fax: 903-498-3364
    E-mail: sales@larsonelectronics.com Reported by GlobeNewswire 17 hours ago.

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    *METTAWA, Ill., Oct. 4, 2018 *- Brunswick Corporation (NYSE: BC) will release its third quarter 2018 financial results on Thursday, Oct. 25, 2018, before the market opens by way of an advisory release, notifying the public that the complete and full-text results will be available on the Company's website at https://ir.brunswick.com.  The results will also be available on the SEC's website with the Form 8-K filing of the release at http://goo.gl/wJQN1. 

    The Company will hold a conference call at 10 a.m. CDT Thursday, Oct. 25, 2018, hosted by Mark D. Schwabero, chairman and chief executive officer, William L. Metzger, senior vice president and chief financial officer, and Ryan M. Gwillim, vice president - investor relations.  A copy of the presentation to be used on this call also will be available when the results are released as noted above.

    Security analysts and investors wishing to participate via telephone should call 866-353-8985 (passcode: Brunswick Q3).  Callers outside of North America should call 409-217-8085 (passcode: Brunswick Q3) to be connected.  These numbers can be accessed 15 minutes before the call begins, as well as during the call. 

    To listen via the Internet, go to https://ir.brunswick.com.  Please go to the website at least 15 minutes before the call to register, download and install any needed audio software. 

    A replay of the conference call will be available through midnight EDT Thursday, Nov. 1, 2018, by calling 855-859-2056 or international dial 404-537-3406 (passcode: 5879568).  The replay also will be available at www.brunswick.com.

    *About Brunswick*
    Headquartered in Mettawa, Ill., Brunswick Corporation's  leading consumer brands include Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Ancor, Attwood, BEP, Blue Sea Systems, Czone, Del City, Garelick, Lenco Marine, Marinco, Mastervolt, Mercury, NAUTIC-ON, Park Power, Progressive Industries, ProMariner, Quicksilver and Whale marine parts and accessories; Land 'N' Sea, Kellogg Marine, Lankhorst Taselaar, Payne's Marine and BLA parts and accessories distributors; Bayliner, Boston Whaler, Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Life Fitness, Hammer Strength, Cybex, Indoor Cycling Group  and SCIFIT fitness equipment; and Brunswick billiards tables, accessories and game room furniture. For more information, visit http://www.brunswick.com.

    *# # #*

    Release:         IMMEDIATE

    Contact:          Ryan Gwillim
                            Vice President - Investor Relations
    Phone:            847-735-4926
    Email:              ryan.gwillim@brunswick.com

    Contact:          Daniel Kubera
                            Director - Media Relations and Corporate Communications
    Phone:             847-735-4617
    Email:              daniel.kubera@brunswick.com Reported by GlobeNewswire 16 hours ago.

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    NEWPORT NEWS, Va., Oct. 04, 2018 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (HII) announced today the closing of the sale of HII’s Avondale facility to Avondale Marine, a joint venture between T.P. Host and Hilco Redevelopment Partners.The Avondale facility, part of HII’s Ingalls Shipbuilding division, ceased its Navy shipbuilding operations in December 2014. Avondale’s UNO Maritime Center of Excellence has remained open and continues to do engineering and design work in support of Ingalls’ shipbuilding programs.

    “We are very proud of our legacy at Avondale and the many contributions that generations of its shipbuilders made to our national security,” said Ingalls Shipbuilding President Brian Cuccias. “Ingalls will continue to maintain a presence in Louisiana, not only at the UNO Center, but also through the many Louisiana residents who commute to Pascagoula each day to help us build the ships we produce for our nation’s defense. We are pleased that Avondale Marine plans to put the facility back into commerce and look forward to its success.”

    T.P. Host is one of the nation’s largest terminal operators and a leader in the maritime industry, specializing in agency, terminal operations and marine assets. In business for over 90 years, the company has developed a strong reputation in the maritime community for its expertise, transparency and high standards of service.

    “For generations, Avondale Shipyards has been a source of pride for the community that generated jobs and economic development,” said Adam Anderson, president and CEO of T.P. Host and principal of Avondale Marine. “Our team will unleash its potential by transforming the shipyard into a global logistics hub for intermodal commerce. As we usher in a new era for this facility, we will benefit from the strength and skill of the workforce in Jefferson Parish and Louisiana. We are grateful for the steadfast support and leadership of the governor, parish president and council, as well as our partners in this project, including the Port of New Orleans, Public Belt, JEDCO, GNO, Inc., Business Council and Chamber of Commerce.”

    Hilco Redevelopment Partners, a real estate firm based in Chicago, remediates and redevelops large-scale industrial facilities across North America, such as Tradepoint Atlantic and the Avondale Shipyard.

    “We’re thrilled to leverage our extensive experience in redeveloping and transforming facilities that are at the end of their current useful life into modern productive businesses for the future,” said Roberto Perez, CEO of Hilco Redevelopment Partners. “We look forward to supporting our managing partners at T.P. Host in the Avondale Marine project as we build this important logistics hub in New Orleans.”

    In the coming months, Avondale Marine will begin its planning process for the approximately 254-acre site in partnership with stakeholders.

    Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division provides a wide range of professional services through its Fleet Support, Integrated Missions Solutions, Nuclear & Environmental, and Oil & Gas groups. Headquartered in Newport News, Virginia, HII employs more than 40,000 people operating both domestically and internationally. For more information, visit:

    · HII on the web: www.huntingtoningalls.com
    · HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries
    · HII on Twitter: twitter.com/hiindustries

    Contact:Beci Brenton
    Beci.brenton@hii-co.com
    (202) 264-7143 Reported by GlobeNewswire 15 hours ago.

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    NEW YORK, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Senior executives from the shipping and maritime industry related companies will participate on panels and presentations at Capital Link’s 10^th Annual New York Maritime Forum to be held in New York City on Tuesday, October 9, 2018.

    *FORUM OVERVIEW AND STRUCTURE*
    Featuring senior executives from 36 shipping and maritime companies, the Forum is organized in partnership with DNB and in cooperation with the New York Stock Exchange, NASDAQ, New York City Economic Development Corporation and The Port Authority of NY & NJ.

    The Forum is an investment and an industry event with a double objective. First, to provide an interactive platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping and commodity markets, as well as in the financial and capital markets. Second, to showcase and promote the role of New York as a hub for the global maritime community and attract more business to New York targeting a global industry audience.

    The Forum will feature a number of panel discussions and presentations along these two main themes, as well as individual company presentations and one on one meetings between investors and company management.

    *LUNCHEON KEYNOTE SPEAKERS*

    · Mr. Gilbert B. Kaplan, Under Secretary of Commerce for International Trade of the United States Department of Commerce
    · Dr. Grahaeme Henderson, Vice President, Shipping & Maritime – Shell International Trading and Shipping Company Limited

    *REGISTRATION*
    To register please go to the link below:
    http://forums.capitallink.com/shipping/2018NYmaritime/

    *PANEL DISCUSSIONS:*

    *SHIPPING SECTOR PANELS & PRESENTATIONS: *

    · Dry Bulk Sector Panel
    · Container Sector Panel
    · Chemical Tanker Sector Panel
    · LPG Sector Panel
    · LNG Sector Panel
    · Product Tanker Panel
    · Crude Oil Tanker Panel
    · Analysts Panel

    *PANELS & PRESENTATIONS ON INDUSTRY TOPICS:*

    · 15 Minute Recap: All the Major Markets, All the Key Data, What’s Hot and What’s Not & View on the Next Two Years
    · The Charterer’s Perspective
    · Trump Tariffs & Trade Policy – Impact On Shipping
    · Bank Finance
    · Alternative Finance & Private Equity
    · Capital Markets
    · The Port of NY/NJ Welcomes Global Trade
    · Freight Don’t Wait: NYC’s Freight Infrastructure Investments For Tomorrow’s Economy
    · The $62,730,279.98 Question: Arbitration Clauses in Leases, Mortgages, Purchase/Sale, Finance Dox?
    · Consolidation – Does Size Matter?
    · IMO 2020 & Looking Ahead

    *FEATURED INTERVIEWS*
    *Wall Street Welcomes 100 Years Of Shipping Tradition *

    · *Mr. Martyn Wade, *CEO* – Grindrod Shipping Pte (NASDAQ:GRIN)*

    *Raising Capital for Shipping – Where do we go*

    · *Mr. Theodore Jadick, Jr, *Managing Director, CEO and President* – DNB Markets, Inc. – *Conference Chairman

    *PARTICIPATING MARITIME COMPANIES*

    · Ardmore Shipping Corporation Inc. (NYSE:ASC)
    · Awilco LNG
    · C Transport Maritime S.A.M.
    · COSCO Shipping Lines (North America) Inc.
    · d'Amico International Shipping S.A.
    · Dorian LPG (USA) LLC (NYSE:LPG)
    · Eagle Bulk Shipping
    · Epic Gas
    · Eurodry
    · Euroseas
    · Flex LNG
    · GasLog Partners (NYSE: GLOP)
    · Genco Shipping & Trading (NYSE:GNK)
    · Global Ship Lease, Inc. (NYSE:GSL)
    · Golden Ocean (NASDAQ: GOGL)
    · GoodBulk Ltd.
    · Grindrod Shipping Pte
    · International Seaways (NYSE:INSW)
    · Navig8 Americas     
    · Navig8 Chemical Tankers, Inc.
    · Odfjell SE
    · Pyxis Tankers
    · Ridgebury Tankers
    · Safe Bulkers (NYSE:SB)
    · Seanergy Maritime Holdings
    · Star Bulk Carriers (NASDAQ:SBLK)
    · Team Tankers International
    · Tellurian Inc.
    · Torm A/S
    · Tsakos Energy Navigation (NYSE:TNP)
    · Cargill
    · Global Container Terminal – Staten Island
    · Phillips 66
    · Red Hook Container Terminal, LLC
    · Shell International Trading and Shipping Company Limited
    · Trafigura

    *TARGET AUDIENCE*
    The audience will include the senior executives of global shipping, energy and commodity companies listed on US exchanges, commercial and investment bankers, institutional investors and financial advisors as well as a broader spectrum of industry participants such as shipping and liner companies, container leasing companies and operators, ship managers, ship brokers, ship agents, ship charterers, port terminal operators, port security, naval architects and engineers, classification societies, marine insurers and underwriters, marine arbitrators, maritime lawyers, marine mediators, marine advisors and consultants, maritime technology and marine educators.

    *SPONSORS*
    *ORGANIZED IN PARTNERSHIP WITH: *DNB Markets, Inc.
    *IN COOPERATION WITH: *New York Stock Exchange • NASDAQ • New York City Economic Development Corporation • The Port Authority of NY & NJ
    *GLOBAL LEAD SPONSOR: *Tsakos Energy Navigation Ltd.
    *GLOBAL GOLD SPONSORS:* Clay Maitland • Columbia Shipmanagement • DNV GL • Tototheo Maritime
    *GLOBAL SPONSORS: *ABN AMRO • Blank Rome LLP • Clyde & Co. • Citi • DVB • NORD L/B • Reed Smith LLP • Seward & Kissel LLP • Watson Farley & Williams LLP
    *SPONSORS:* The American Club • Australis Maritime Limited • Clarksons Platou Securities • Evercore ISI • Orrick, Herrington & Sutcliffe LLP • RMK Maritime • Stifel | Miller Buckfire • Tufton Oceanic Ltd. • Vessels Value • Wartsila • YieldStreet Marine Finance • Ardmore Shipping Corporation Inc. • C Transport Maritime S.A.M. • d’Amico International Shipping S.A. • Dorian LPG • Eagle Bulk Shipping • Epic Gas • EuroDry Ltd. • Eurosas Ltd. • Genco Shipping & Trading • GMS • Golden Ocean • Grindrod Shipping Holdings Ltd. • International Seaways, Inc. • Navig8 Americas • Navig8 Chemical Tankers, Inc. • Odfjell SE • Pyxis Tankers • Ridgebury Tankers • Safe Bulkers, Inc. • Seanergy Maritime Holdings Corp. • Star Bulk Carriers • Team Tankers International • TORM A/S
    *SUPPORTING SPONSORS: *AAL Shipping • Deutsche Bank • Flott & Co. PC • Niki Shipping • Sea Trade Holdings
    *COCKTAIL RECEPTION SPONSOR: *New York Maritime Inc.
    *MEDIA PARTNERS: *Lloyd’s List • Maritime Executive • Ship2Shore • TradeWinds • WorldOils
    *SUPPORTING ORGANIZATIONS: *Chamber of Shipping of America • Hellenic-American Chamber of Commerce • Norwegian-American Chamber of Commerce • New York Maritime Inc. • New York Shipping Association, Inc. • Women’s International Shipping & Trading Association

    *FOR MORE INFORMATION*
    Please visit: http://forums.capitallink.com/shipping/2018NYmaritime/
    Or, contact Nicolas Bornozis at *forum@CapitalLink.com**. *

    *ORGANIZER** – CAPITAL LINK, INC.*
    Founded in 1995, Capital Link is a New York based investor relations, financial communication and advisory form with strategic focus on the maritime, commodities and energy sectors, MLPs, as well as Closed-End Funds and ETFs. In addition, Capital Link organizes ten investment conferences a year in the United States and Europe all of which are known for combining rich educational and informational content with unique marketing and networking opportunities. Capital Link is a member of the Baltic Exchange. Based in New York City, Capital Link has presence in London, Athens & Oslo.Tel. (212) 661-7566                                                                                                                                             
    Email: forum@CapitalLink.com Reported by GlobeNewswire 14 hours ago.

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    The Million Waves Project turns ocean plastic into prostheses with funding from Shell

    ANACORTES, Wash. (PRWEB) October 04, 2018

    Shell’s Puget Sound Refinery recently presented the Million Waves Project, an Anacortes, Wash.-based nonprofit, with a grant to purchase a high-tech machine that turns plastic into prosthesis. The Million Waves Project collects and processes marine debris that washes ashore in Washington State. The organization then processes the usable plastic and turns it into 3D printed prosthetic limbs for children and adults.

    “We are so excited to partner with this incredible nonprofit that aims to help serve the millions of people in need of prosthetic limbs,” said Brenna Clairr O’Tierney, an external relations adviser at Shell’s Puget Sound Refinery. “Our vision at the refinery is to proudly fuel life in the Pacific Northwest for our employees, contractors and our community, and we help bring that vision to life by collaborating with organizations like a Million Waves Project. We can’t wait to see the life-changing impacts that it generates around the world!”

    The Million Waves Project is dedicated to closing the loop on marine waste.

    “If we can transform a huge problem into something useful to someone then we redefine waste to a resource,” said Chris Moriarity, the executive director of the Million Waves Project.
    Million Waves co-founder Laura Moriarity added, “We love that a major energy company like Shell wants to serve as a genuine teammate in our mission to clean up our waterways and make a lasting difference in people’s lives. We are so excited about this partnership and can’t wait to explore more ways to broaden our impact moving forward!”

    For more information about the Million Waves Project, visit: http://www.millionwavesproject.com

    For more information about Shell’s Puget Sound Refinery, visit: http://www.shell.us/pugetsoundrefinery Reported by PRWeb 13 hours ago.

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    KEMP, Texas, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Leader in industrial lighting, Larson Electronics LLC, has just released a 75-foot weatherproof LED rope light equipped with an encapsulated inline transformer. This rope light is ideal for marine applications such as boat docks, ship yards and a perimeter lighting system. The light is also suitable for security lighting, walkway lighting and outdoor background lighting.The WAL-RSL-75-X12I-1227 is an LED rope light that offers smooth, cool white illumination with a 5600K color temperature rating and draws just 57 watts. This rope light is compatible with 120-277V input voltages and includes an encapsulated inline transformer stepping the input down to 12V DC. The LED rope is 75 feet long and constructed of 1/2 inch of flexible PVC tubing to house the LEDs and reinforced with weatherproof protection for safe use in marine environments. The solid state of the LEDs gives this rope light a lifespan of more than 100,000 hours. The rope can be cut for length customization.

    The inline transformer in this LED lighting system is fitted with an industrial grade cord cap, making connection to common wall outlets easy. A wide array of plug choices is offered including flying leads with no plug for operators who prefer to wire in their own cord caps.

    “This LED rope light is great for illuminating perimeters in marine locations,” said Rob Bresnahan, CEO of Larson Electronics LLC. “The many plug options make it easy for operators to use this rope light almost anywhere.”

    *About Larson Electronics LLC:* Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.

    *For further information, please contact:*
    Rob Bresnahan, *President and CEO
    *Toll-free: 1-800-369-6671
    Phone: 214-616-6180
    Fax: 903-498-3364
    E-mail: sales@larsonelectronics.com

    A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0dce475e-f942-49e6-b4eb-9d4b7fd801c0 Reported by GlobeNewswire 11 hours ago.

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    MONACO, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared:

    · a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from July 30, 2018 to October 29, 2018;
    · a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from July 30, 2018 to October 29, 2018.

    Each dividend will be paid on October 30, 2018 to all shareholders of record as of October 22, 2018 of the Series C Preferred Shares and of the Series D Preferred Shares, respectively. Dividends on the Series C and D Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year.

    This is the eighteenth cash dividend declared on its Series C Preferred Shares and the seventeenth cash dividend declared on its Series D Preferred Shares, since their respective commencement of trading on the New York Stock Exchange.

    The declaration and payment of dividends, if any, will always be subject to the discretion of the Board of Directors of the Company, and will depend on, among other things, the Company’s earnings, financial condition and cash requirements and availability, the Company’s ability to obtain debt and equity financing on acceptable terms as contemplated by the Company’s growth and leverage strategies, the restrictive covenants in the Company’s existing and future debt instruments and global economic conditions.

    *About Safe Bulkers, Inc.*

    The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C” and “SB.PR.D” respectively.

    *Forward-Looking Statements *

    This press release contains forward-looking statements (as defined in Section 27A of the Securities Exchange Act of 1933, as amended, and in the Section 21E of the Securities Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

    *For further information please contact:*

    *Company Contact:*
    Dr. Loukas Barmparis
    President
    Safe Bulkers, Inc.
    Tel.: +30 2 111 888 400
             +357 25 887 200
    E-Mail: directors@safebulkers.com

    *Investor Relations / Media Contact:*
    Nicolas Bornozis, President
    Capital Link, Inc.
    230 Park Avenue, Suite 1536
    New York, N.Y. 10169
    Tel.: (212) 661-7566
    Fax: (212) 661-7526
    E-Mail: safebulkers@capitallink.com Reported by GlobeNewswire 11 hours ago.

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  • 10/04/18--14:00: Ship traffic, October 5
  • Ship traffic Due to arrive today SHIP FROM PORT BSL Limassol Seattle OAK CAP Palmerston Long Beach OAK Dionysos Leader Lazaro Cardenas, Mexico BNC Hyundai Jakarta Long Beach OAK NYK Atlas Los Angeles OAK Rising Sun Vancouver, British Columbia SCK Sun Master Chiba, Japan SFO Due to depart today SHIP TO PORT BSL Limassol Tauranga, New Zealand OAK Kobe Express Long Beach OAK Maersk Enshi Vostochnyy, Russia OAK Matsonia Honolulu OAK Miyama Kinuura, Japan SFO Source: S.F. Marine Exchange Reported by SFGate 10 hours ago.

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    SAINT JOHN, New Brunswick, Oct. 04, 2018 (GLOBE NEWSWIRE) -- On October 3, Atlantic Towing Limited received national recognition for its commitment to employment equity and diversity in the workplace. The Honourable Patty Hajdu, Minister of Employment, Workforce Development and Labour presented the organization with an Employment Equity Achievement Award at the annual award ceremony in Ottawa."When everyone is on an equal footing, they can contribute to the best of their abilities,” says Hajdu. “Employers must stay alert to barriers that can keep members of the four designated groups—women, Indigenous peoples, persons with disabilities and members of visible minorities—from participating fully in the workplace. By making sure every Canadian has an equal and fair chance at success, employers contribute meaningfully to Canada's economic growth."

    Atlantic Towing received the Innovation award, which recognizes employers who have demonstrated creativity in the design and implementation of measures to remove barriers, positive practices and new initiatives.

    “Our industry presents unique challenges to inclusive hiring,” says Gilles Gagnon, VP and General Manager of Atlantic Towing. “This forces us to think creatively to expand and diversify our employee base to include underrepresented groups. Our goal is to not only meet legislative requirements, but to develop a mature program focused on the full benefits of diverse and inclusive ideas and experiences.”

    Marine industries have traditionally been male dominated.  Despite efforts to attract women to the industry, marine educational institutions across Canada experience low female enrolment. Atlantic Towing has undertaken various initiatives to remove barriers to employment, particularly among underrepresented groups.  Efforts include a Diversity and Inclusion Committee with related strategic objectives in the company’s annual plan.  Partnerships are vital to succeeding and Atlantic Towing values the strong relationships with its educational partners like the Marine Institute and College of the North Atlantic in Newfoundland and Labrador as well as the community colleges in Nova Scotia and New Brunswick.  Through groups like Techsploration NS, young women from grades nine through twelve are made aware of the career opportunities and experiences of women succeeding in a marine career.

    This year, the company made waves as its vessel, the Atlantic Willow, became the first tugboat in the Port of Halifax to have an all-female crew.

    “We firmly believe that having people of diverse backgrounds leads to better products, services and business results,” adds Gagnon, “We appreciate diverse perspectives, and are focused on evolving further to ensure our employees feel welcome, respected, supported and valued. This award from Canada for innovation is a tribute to the team who across are operations are embracing these goals.”

    Atlantic Towing’s commitment to diversity and inclusion is reflected in its holding company, J.D. Irving.

    “Diversity of people and ideas are a vital source of innovation – strengths that we are committed to growing,” says Jim Irving, Co-CEO of J.D. Irving, Limited (JDI).

    “We are very proud of the strong partnerships that we have developed with a number of well recognized groups including Women Unlimited, New Boots, Indigenous as well as African Canadian communities to support the training and hiring of individuals in the skills areas that we need,” explains Colleen Baxter, JDI’s VP of Human Resources. “Our focus will be to continue to grow these important partnerships as we look toward hiring over 10,000 people over the next 3 years.”

    *About Atlantic Towing*

    Headquartered in Saint John, NB, Atlantic Towing Ltd. specializes in the provision of diverse marine services including port tug services, coastal towing, and offshore oil and gas exploration and product support. Its world class vessels are equipped with state-of-the-art technology and experienced, versatile crews. Both crewmembers and land-based personnel operate with safety, quality of service and team work top-of-mind. Atlantic Towing is a member of the JDI Transportation and Logistics’ family of companies.

    *CONTACT:*

    Please direct all media requests to:

    Mary Keith
    Vice President Communications
    J.D. Irving, Limited
    (506) 650-8209
    (506) 632-5122
    keith.mary@jdirving.com   

    *About the Employment Equity Achievement Awards*

    The Employment Equity Achievement Awards recognize employers for outstanding achievement in employment equity in their workplaces for the four designated, underrepresented groups (women, Aboriginal peoples, persons with disabilities, and members of visible minorities).

    *About Employment and Social Development Canada*

    Employment and Social Development Canada (ESDC) works to improve the standard of living and quality of life for all Canadians. We do this by promoting a labour force that is highly skilled. We also promote an efficient and inclusive labour market.

    *CONTACT:*

    Please direct all media requests to:

    Véronique Simard
    Press Secretary
    Office of the Honourable Patty Hajdu, P.C., M.P.
    Minister of Employment, Workforce Development and Labour
    veronique.simard@hrsdc-rhdcc.gc.ca
    819-654-5611

    Media Relations Office
    Employment and Social Development Canada
    819-994-5559
    media@hrsdc-rhdcc.gc.ca

    Photos accompanying this announcement are available at: 

    http://www.globenewswire.com/NewsRoom/AttachmentNg/09b49b63-1475-49f8-9632-75ee8bec15d2

    http://www.globenewswire.com/NewsRoom/AttachmentNg/28b261e3-c58c-4c09-afc2-a4ffae30364d

    http://www.globenewswire.com/NewsRoom/AttachmentNg/574c8732-2a00-477e-84bd-f6d6c560c805

    http://www.globenewswire.com/NewsRoom/AttachmentNg/c07f8e53-948e-4638-ba36-f1f05c96135d Reported by GlobeNewswire 9 hours ago.

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    A sculpture of two children riding a stylised kiwi is now proudly on display on a grass berm on the corner of Marine Parade and Kapiti Rd, Paraparaumu Beach.The KiwiRiders sculpture, made of stainless steel under bronze casting,... Reported by New Zealand Herald 5 hours ago.

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    A young British man has died after being bitten by a sea snake while working aboard a fishing trawler off Australia's northern coast, authorities say, in a rare case despite the marine creature's deadly venom. Reported by News24 1 hour ago.

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    BERLIN (AP) — The International Atomic Energy Agency says it will test seawater, marine sediment and fish around Japan's wrecked Fukushima nuclear plant this month.The Vienna-based agency said Friday that the tests aim to "support... Reported by New Zealand Herald 23 hours ago.

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    DALLAS, Oct. 05, 2018 (GLOBE NEWSWIRE) -- The future of the global composites market looks attractive with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace etc. The global composite materials market is expected to reach $38.0 billion by 2023 and it is forecast to grow at a CAGR of 4.1% from 2018 to 2023. The global composites end product market is expected to reach an estimated $107.4 billion by 2023. Major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and high flame retardant materials demand in electrical and electronics industry.*Browse 39 Data Tables and 241 Figures spread through 383 Pages and in-depth TOC on “Global Composites Market- Forecast to 2023" *http://www.lucintel.com/composites-industry-2018-2023.aspx

    In this market, transportation, construction, pipe and tank, electrical and electronics, consumer goods and wind energy are the major end use industries. On the basis of its comprehensive research, Lucintel forecasts that the aerospace and wind energy segments are expected to show average growth during the forecast period.

    Within the global composites market, injection molding, hand layup, compression molding, spray up, filament winding, resin infusion, and prepreg layup are some of the major processes utilized to manufacture composite parts. Injection molding is expected to be the largest process in terms of value and volume in composite manufacturing because of high-output production rate, low labor cost, and design flexibility.

    By fiber type, glass fiber, carbon fiber, and aramid fiber are the major fibers utilized to manufacture composites parts for various end use industries. Carbon fiber is expected to show above average growth during the forecast period.

    *Brochure @ *http://www.lucintel.com/rb/composites-industry-2018-2023.aspx

    By resin type, thermoset and thermoplastic resins are used to make composites parts. In thermoplastic resins, polyamide (PA) is expected to remain the largest polymer by value and volume consumption because it is widely used in transportation, construction and consumer goods applications.

    *Free Sample @ *http://www.lucintel.com/ds/composites-industry-2018-2023.aspx

    Emerging trends, which have a direct impact on the dynamics of the industry, include development of low-cost carbon fibers, high performance glass fiber, and rapid cure resin system.

    For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com

    *Inquiry before buying@ **http://www.lucintel.com/pq/composites-industry-2018-2023.aspx* Reported by GlobeNewswire 20 hours ago.

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    *Closure of 13th farm latest milestone in fight to end dog meat trade – media invited to greet dogs landing tonight at Toronto Pearson International Airport*

    MONTREAL, Oct. 05, 2018 (GLOBE NEWSWIRE) -- HSI/Canada, together with our international affiliates, will rescue nearly 200 dogs from a horrendous dog meat farm in South Korea – Humane Society International’s 13^th to date.

    Rescuers and campaign experts are available for comment (email or call media contact below).

    Media is invited to view the arrival of the rescued dogs at Pearson International Airport on October 11^th, visit the rescued dogs at the HSI/Canada temporary shelter in Cambridge, Ontario on October 10^th and 11^th, and observe the arrival of 86 of the rescued dogs at our Montreal emergency shelter on October 12^th.

    *WHAT:*

    · Closure of a large scale dog meat farm in South Korea.
    · Arrival of rescued dogs at Pearson International Airport.
    · Arrival of rescued dogs at the HSI/Canada temporary shelter in Cambridge, Ontario.
    · Arrival of rescued dogs at the HSI/Canada emergency shelter in Montreal.

    *WHERE, WHEN:*

    · Dog meat farm closure: Namyangju, South Korea. OCTOBER 4^th TO 11^th.
    · HSI/Canada temporary shelter, Cambridge, Ontario. OCTOBER 10^th & 11^th. Call media contact below to schedule an appointment.
    · Air Canada Cargo: 2580 Britannia Road East, Mississauga, Ont. L4W 2P7. *UPDATED DATE AND TIME* *OCTOBER 11^th, 8:30pm*. Click here for the Google Map.
    · HSI/Canada Montreal emergency shelter: 7314 Mountain Sights Ave (south of Jean-Talon West), Montreal, Quebec H4P 2A6. Click here for the Google Map. OCTOBER 12^th, evening (time TBC).

    *WHO:* HSI/Canada rescue workers and campaign experts.

    High-resolution photos and video are available here. 

    *Media Contact:* Michael Bernard – c: 613-371-5170, email: mbernard@hsi.org

    Humane Society International/Canada is a leading force for animal protection, with active programs in companion animals, wildlife and habitat protection, marine mammal preservation, farm animal welfare and animals in research. HSI/Canada is proud to be a part of Humane Society International which, together with its partners, constitutes one of the world's largest animal protection organizations. Celebrating animals and confronting cruelty worldwide - on the Web at www.hsicanada.ca Reported by GlobeNewswire 19 hours ago.

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    At Crossroads Equipment Lease and Finance http://crlease.com Jim will be responsible for new vendor and direct sales, as well as value added partnerships. Crossroads is driving innovation and ease of business to support fleets and owner operators.

    RANCHO CUCAMONGA, Calif. (PRWEB) October 05, 2018

    Jim Kachidurian has been named Executive Vice President – Business Development Reporting to Howard Shiebler, President of Crossroads http://crlease.com

    “In this new position Jim will be responsible for new vendor and direct sales, as well as value added partnerships,” said Shiebler. “As our customer’s needs continue to evolve, Crossroads is driving innovation and ease of business to support fleets and owner operators. We have a long history of partnering with both national and regional transportation providers to help navigate equipment finance structures, technology improvements and regulatory requirements. We look forward to Jim’s contribution to growth and focus on the customer experience.” Kachidurian added, “I am fortunate to be joining this experienced team of industry professionals and I look forward to supporting the team in providing continued service differentiation and technology enabled solutions to the Crossroads customer base.”

    Prior to this, Kachidurian was Chief Commercial Officer for SeaCube, a global marine equipment leasing company. Before that he was SVP of Sales and Marketing at Stoughton Trailers. He has held senior positions at Donlen, a Hertz company focused on technology and fleet management. He also spent 13 years at GE as a senior executive in a variety of commercial roles, such as, SVP of Corporate Lending, Global Business Segment Leader, and VP of Global Remarketing.

    Jim has a B. S. from the University of Colorado School of Business and significant executive training from GE’s Crotonville, Stanford University and the Wharton School of Business.

    About Crossroads Equipment Lease and Finance

    Founded in 2006, Crossroads Equipment Lease & Finance is your professional partner in the transportation industry. We listen to our customers, work to understand their needs and strive to build long term business relationships by offering prompt, flexible, and tailor-made financing that preserves capital and positively impacts their business. Our expertise in underwriting, collateral evaluation and asset re-marketing facilitate solutions that maximize the competitive advantages of our customers in the market.

    Visit our Website: http://crlease.com Reported by PRWeb 19 hours ago.

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    MONTREAL, Oct. 05, 2018 (GLOBE NEWSWIRE) -- HSI/Canada, together with our international affiliates, will rescue nearly 200 dogs from a horrendous dog meat farm in South Korea – Humane Society International’s 13^th to date.Rescuers and campaign experts are available for comment (email or call media contact below).

    Media is invited to view the arrival of the rescued dogs at Pearson International Airport on October 11^th, visit the rescued dogs at the HSI/Canada temporary shelter in Cambridge, Ontario on October 10^th and 11^th, and observe the arrival of 86 of the rescued dogs at our Montreal emergency shelter on October 12^th.

    *WHAT:*

    · Closure of a large scale dog meat farm in South Korea.
    · Arrival of rescued dogs at Pearson International Airport.
    · Arrival of rescued dogs at the HSI/Canada temporary shelter in Cambridge, Ontario.
    · Arrival of rescued dogs at the HSI/Canada emergency shelter in Montreal.

    *WHERE, WHEN:*

    · Dog meat farm closure: Namyangju, South Korea. OCTOBER 4^th TO 11^th.
    · HSI/Canada temporary shelter, Cambridge, Ontario. OCTOBER 10^th & 11^th. Call media contact below to schedule an appointment.
    · Air Canada Cargo: 2580 Britannia Road East, Mississauga, Ont. L4W 2P7. *UPDATED DATE AND TIME* *OCTOBER 11^th, 8:30pm*. Click here for the Google Map.
    · HSI/Canada Montreal emergency shelter: 7314 Mountain Sights Ave (south of Jean-Talon West), Montreal, Quebec H4P 2A6. Click here for the Google Map. OCTOBER 12^th, evening (time TBC).

    *WHO:* HSI/Canada rescue workers and campaign experts.

    High-resolution photos and video are available here. 

    *Media Contact:* Michael Bernard – c: 613-371-5170, email: mbernard@hsi.org

    Humane Society International/Canada is a leading force for animal protection, with active programs in companion animals, wildlife and habitat protection, marine mammal preservation, farm animal welfare and animals in research. HSI/Canada is proud to be a part of Humane Society International which, together with its partners, constitutes one of the world's largest animal protection organizations. Celebrating animals and confronting cruelty worldwide - on the Web at www.hsicanada.ca Reported by GlobeNewswire 18 hours ago.

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    Tokyo 2020 organizers are determined to stage Olympic swimming events in the city center Odaiba Marine Park venue despite continuing confusion over the water quality. Reported by Reuters 18 hours ago.

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    Mechanical kelp harvesting areas off Scotland 'too large' A company proposing to mechanically harvest kelp has been asked by Marine Scotland to rethink its plans. Reported by BBC News 17 hours ago.

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