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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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    [This Day] Warri -Tension has started building up in Delta State due to the decision of the Nigerian National Petroleum Corporation (NNPC) to award oil infrastructure surveillance contract to Ocean Marine Solution Limited contrary to extant rules. Reported by 5 hours ago.

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    [Observer] Several people have perished in a motor boat accident that occurred in the waters of Lake Victoria in Mpatta sub-county, Mukono district. Police spokesperson Emilian Kayima said marine police have so far rescued 40 people who were on board. Reported by 4 hours ago.

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    Papendrecht, 25 November 2018

    Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable export cable installation contract for the Ostwind 2 offshore grid connection. The contract was awarded by 50Hertz and carries a value for Boskalis in excess of EUR 250 million making this the largest cable installation contract acquired by Boskalis ever.

    The contract scope comprises design and installation of approximately 270 kilometer of export cable that will connect the planned Arcadis Ost 1 and Baltic Eagle offshore wind farms to the onshore substation in Lubmin, Germany. The project is expected to commence in 2019 with a planned completion late 2022.

    Boskalis will execute this contract in consortium with its partner NKT that will supply the high-voltage cable system. For this project Boskalis will deliver an integrated solution of in-house services including supporting UXO survey, geotechnical and geophysical surveys (through Boskalis subsidiary Gardline), seabed preparation works, pre-lay run, transport and installation of the 220kV export cables and seabed reinstatement.

    Boskalis will deploy a wide variety of its in-house assets including trailing suction hopper and backhoe dredgers, geophysical and geotechnical survey vessels, cable-laying vessels and a wide range of trenching tools.

    Peter Berdowski, CEO Boskalis: "We are very proud to have been selected for this contract, the largest cable installation contract ever for Boskalis. The fact that we are able to combine our dredging services, recently acquired survey capabilities together with our cable installation competencies demonstrates Boskalis' ability to offer a unique breadth of services. We look forward to further expanding this position for our clients as the leading subsea cable installation contractor."

    Boskalis' strategy is aimed at benefitting from key macro-economic factors which drive worldwide demand in our markets: expansion of the global economy, increase in energy consumption, global population growth and the challenges that go hand in hand with climate change. This project is related to the development of generating renewable energy due to climate change and increasing energy consumption.

    *For further information*

    Investor relations:
    *Martijn L.D. Schuttevâer*

    *Arno Schikker*

    T +31 78 6969310

    *Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with services including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the oil and gas sector and offshore wind industry as well as salvage solutions. Furthermore, Boskalis has a number of strategic partnerships in harbor towage and terminal services (Kotug Smit Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 900 vessels and floating equipment and 10,700 employees, including associated companies, Boskalis operates in 90 countries across six continents.*

    This press release can also be found on our website


    · pdf version press release.pdf
    · Boskalis Cable Laying Vessel.jpg Reported by GlobeNewswire 4 hours ago.

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    KEMP, Texas, Nov. 25, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting sector, announced the release of a 25-watt, six million candlepower rechargeable hand-held LED spotlight offering 2000 lumens of powerful light. This unit charges while plugged into a 12-volt power source, even while in use, and comes equipped with a detachable coil cord, making it ideal for hunting, camping, marine uses, and even first responder or emergency service operations.The HL.RL-85-LED-CPR rechargeable hand-held spotlight uses a single, high output premium Cree LED and a parabolic reflector to generate 2,000 lumens while drawing on only 25 watts of power. This IP65-rated spotlight has an ultra-focused 30˚ spot beam that generates 80 lumens per watt with a 70% lumen retention at 50,000 hours. This spot configuration is clear and sharp, effectively illuminating objects even to the far end of its beam reach.

    This portable pistol style spotlight comes equipped with two 3.7V 2600MA lithium batteries that are recharged via a 12V power source (24V configurations are available upon request). This unique charging function allows operators to use and charge the light simultaneously, eliminating the charging downtime present with other types of portable spotlights.

    This hand-held spotlight has an operation lifespan of 2.5 to three hours on one full charge and a full recharge time of three hours. This unit comes standard with a detachable 16-foot coil cord with cigarette plug that is detached via a weatherproof, two-pin Deutsch connector. Other cord types are available as well.

    “This LED spotlight is lightweight, yet ultra-rugged, perfect for outdoor uses in rough environments,” said Rob Bresnahan, CEO of Larson Electronics LLC. “The cigarette plug charging function allows operators to use it while it charges in their vehicle, including ATVs, great for emergency services.”

    *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: 1-888-351-2363
    Int’l: 214-616-6180
    Fax: 903-498-3364

    Photos accompanying this announcement are available at Reported by GlobeNewswire 21 hours ago.

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    KEMP, Texas, Nov. 25, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting sector, announced the release of a 72-watt flameproof fluorescent emergency linear fixture designed for outdoor, ATEX/IECEx Zone 1/Zone 2 and Zone 21/Zone 22 flammable environments. This IP66-rated unit comes equipped with two, 4-foot T8 fluorescent lamps that operate on 220V AC 50Hz and feature glass fiber reinforced polyester construction with a UV-resistant polycarbonate lens and foam basket.The ATEX-HALP-EMG-48-2L-T8-2X36W-R1-220V flameproof fluorescent emergency linear offers 6,200 lumens of light output in a flood beam configuration with a CRI rating of 75 and color temperature options of 5000K, 4100K or 2700K. This T4 temperature-rated unit can be used in places with ambient temperature ratings between -25˚C and +40˚C and has a lamp lifespan of 20,000+ hours.

    This light also acts as an emergency fixture with the help of a battery backup. An electric inverter keeps one of the lamps in operation for 90 minutes at 3,100 lumens in a power outage situation. Once power to the unit is restored the emergency battery pack will recharge itself, which takes roughly 24 hours if completely drained. Three LED status lights in red, green and yellow are located on the fixture for status monitoring of the emergency mode.

    The ATEX-HALP-EMG-48-2L-T8-2X36W-R1-220V explosion proof fluorescent light fixture features L1, L2, L, N and two PE terminals for completing electrical connections. This light has two, 1.5” (M25) molded plastic/polyamide stopping plugs and a central locking system to protect the internal components. This fixture also features an electronic, internal ballast and two interlock switches that disconnect all poles to the ballast and inverter, as well as turn the power off when the diffuser is open.

    This unit is compatible with various mounting configurations, including ceiling, pendant, chain hanging, angle bracket, pole clamp oil derrick and pole top (no mounts included), making it extremely versatile. This flameproof light is suitable for paint spray booths, aircraft maintenance, oil drilling rigs, refineries, solvent and cleaning areas, gas processing plants, chemical manufacturing, waste water treatment plants, offshore applications and more.

    *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: 1-888-351-2363
    Int’l: 214-616-6180
    Fax: 903-498-3364

    A photo accompanying this announcement is available at Reported by GlobeNewswire 16 hours ago.

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    Despite financial constraints and procedural delays, the successive governments in the state have attempted to implement the slew of recommendations made by the high-level committee headed by former union home secretary Ram Pradhan.

    Ironically, the security experts believe that security at the Mumbai suburban railway stations and along the coastline still remains an area of concern. There has been a deployment of paltry 4,000 police personnel while the daily 80 lakh commuters travel on central, western and harbour railway lines. The CCTVs have been installed in the majority of railway stations but they are not enough to counter terror attacks.

    State Home Department officer told DNA,'' Efforts are being made to equip the law enforcement agencies. Special training is provided in the Pune based Military Engineering College while Israeli technology was also deployed to train them in the detecting bombs and its disposal. In addition to this, police personnel below 30 years of age were recruited in the QRT who are trained to use ultra-modern gadgets like MP5, AK-47.'' He informed that Anti-Terrorist Squad has been established in each police station across the city. Besides, 4,000 new bulletproof jackets were provided after controversy erupted on the very quality of such jackets provided earlier.

    NSG's former director general and former Mumbai police commissioner RD Tyagi said even though the situation has changed quite a lot in the last 10 years, it does not mean that the terrorists cannot attack the city again. ''Terrorists have their own ways to breach the intelligence set up. It is a constant fight between the terrorist organisations and the police,'' he noted.

    The officer said in all 57 boats have been deployed on the 720 km coastline of which 23 are in Mumbai alone. However, the officer admitted that these boats are not enough to chase modern boats if used by terrorists. Two coastal police stations were set up at Mahim and Gorai in the city. Despite the sanctioned posts of 750 in Mahim only 50 are working while in Gorai 120 personnel are deployed. Besides, state of the art Marine Operation Room is operational at Bandra.

    However, security analyst IC Sisodia observed that it is not enough. ''Since the terrorists are becoming sophisticated, it is necessary to technologically improve the intelligence mechanism, upscale electronic surveillance system and communication interception abilities,'' he said.

    Article Type: 
    Sanjay Jog
    NEVER FORGET 26/11
    Ram Pradhan
    Railway Stations
    RD Tyagi
    IC Sisodia
    26/11 Mumbai terror attack
    Mon, 26 Nov 2018-05:35am
    Date updated: 
    Monday, 26 November 2018 - 5:35am
    Article Images: 
    File picture of the 26/11 attack at Taj Mahal hotel in Mumbai
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    From Print Edition: 
    Highlights:  Reported by DNA 13 hours ago.

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    Intermin Resources Ltd (ASX:IRC) has received further positive metallurgical test work results from the Lilyvale prospect area within the Richmond Vanadium Project in Queensland. Multiple tests utilising gravity, screening and flotation have resulted in concentrate grades averaging 1.6% vanadium at an overall recovery of 73%. These results are in line with the target grade of >1.5% vanadium and >70% recovery. Further optimisation test work is ongoing with a further 4 tonnes of sample transported to China to generate additional concentrate for downstream processing test work. READ: Intermin Resources concludes divestment of non-core interest The project is subject to an earn-in joint venture with AXF Vanadium Pty Ltd whereby AXF can earn 75% by spending $6m by March 2021. Intermin’s managing director Jon Price said: “The AXF team have done an excellent job to date and the test work results have demonstrated the potential of the project to become a globally relevant producer. “With vanadium prices hitting new all-time highs of US$34 per pound or over $100,000 per tonne in Australian dollar terms, we look forward to the release of the drilling results, updated models and the pre-feasibility study in due course.” Test work working towards commencing a PFS Completion of the first phase of test work is scheduled for mid-2019. Notably, this will enable the commencement of a preliminary feasibility study (PFS). Large drilling program commenced Drilling has commenced at Richmond and Julia Creek with 800 holes planned for a total of 17,500 metres to an average depth of 30 metres within a $1.2 million budget. Regional drilling will comprise 350 holes for 7,500 metres testing a number of priority targets in both the Richmond and Julia Creek areas. Drilling to target upgrade to Lilyvale vanadium deposit Infill drilling at Lilyvale comprises 450 holes for 10,000 metres to upgrade the current Inferred resource of 671 million tonnes at 0.35% vanadium to the Measured and Indicated categories for Ore Reserve conversion. Lilyvale forms part of the greater Richmond project with a JORC resource of 2,579 million tonnes grading 0.32% vanadium hosted in a soft oxide marine sediment 4 metres from surface. Reported by Proactive Investors 11 hours ago.

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    TORONTO, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Canadians looking for the best deal on their winter vacation will have to move quickly. Sunwing has just announced that it will be reducing prices by up to 40% on a huge selection of all inclusive vacation packages for Cyber Monday only. Shoppers can choose from more deals than ever before during the tour operator’s largest ever one day sale. Available on line and via travel agencies, vacationers can take advantage of unprecedented savings on packages to many of the tour operator’s most popular resorts across the Caribbean, Mexico and Central America; departing all winter long. In addition, the tour operator is also offering massive discounts on cruise packages and flight only bookings to Florida.  All deals are subject to availability and must be booked by midnight on November 26th.On top of huge savings, shoppers that book their winter escape during Sunwing’s Cyber Monday Sale can extend their travel budget even further by taking advantage of numerous included perks and privileges depending on the resort that they select. Kids Stay, Play and Eat FREE deals, unlimited specialty dining, discounted spa treatments and priority are just some of the ways that Sunwing customers can Vacation Better this winter.

    Perfect for beach lovers and divers alike, Fantasy Island Beach Resort, Dive and Marina enjoys a privileged location on a 21-acre private island just off the shore of the tropical island of Roatan.  Vacationers can choose between three white-sand beaches to relax on and take advantage of varied dive packages to discover a myriad of colourful corals and exotic marine life beneath the waves.

    Located on a scenic beachfront in the heart of Mazatlán, Mexico El Cid Castilla Beach is the perfect base from which to discover the town’s well-preserved colonial old centre and take a stroll along its famous seafront, or Malecon, before enjoying yet another legendary Pacific sunset. An ideal choice for families, the expansive resort offers an extensive pool complex with water slides together with a wide range of water sports. Also popular with families, Emotions By Hodelpa, in Santo Domingo, Dominican Republic features rooms that sleep five or more and three pools together with a complimentary kids club complete with batting cages and a climbing wall. Parents are sure to appreciate the generous golf packages at two nearby golf courses, six restaurants and on-site spa.

    All Sunwing packages include return flights on Sunwing Airlines where passengers can sit back and relax while on board, with award-winning inflight service, complimentary non-alcoholic beverage service and buy on board selection of light meals and snacks with choices inspired by Food Network Canada Celebrity Chef, Lynn Crawford, including the brand new Tex Mex Grilled Chicken Wrap and famous Mac & Cheese. Passengers also benefit from a generous complimentary 23kg checked luggage allowance.

    For more information or to book, visit or contact your travel agent.

    *About Sunwing*

    The largest integrated travel company in North America, Sunwing has more flights to the south than any other leisure carrier with convenient direct service from over 33 airports across Canada to over 45 popular sun destinations. This scale enables Sunwing to negotiate the best deals and exclusive offers at all of the top-rated resorts across the Caribbean, Mexico, and Central America. Renowned for its award-winning service, Sunwing is consistently voted the top leisure airline by travel agents and is the perennial winner of the Consumer Choice Award. Customers can look forward to starting their vacation off in style with award-winning inflight service, which features a complimentary glass of sparkling wine*, tea and coffee and non-alcoholic beverage service; together with a buy on board menu of light meals and snacks (including kids’ choices) inspired by Food Network Canada Celebrity Chef, Lynn Crawford. Sunwing customers also benefit from the assistance of the company’s own knowledgeable destination representatives, who greet them upon arrival and support them throughout their vacation journey.

    *Service may be unavailable on select flights

    *For all media enquiries, please contact:*

    Rachel Goldrick
    Senior Corporate Communications Manager
    Sunwing Vacations
    1-800-387-5602 | 

    A photo accompanying this announcement is available at Reported by GlobeNewswire 7 hours ago.

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    AKASOL AG: Sales up 45.1% in the first nine months of 2018· *Sales growth of 45.1% to EUR 13.6 million in the first nine months of 2018 (9M 2017: EUR 9.4 million)*
    · *Order backlog through 2024 at steady high level of EUR 1.47 billion*
    · *Adjusted EBIT of EUR 1.2 million for the first nine months of 2018*
    · *Confirmation of the full-year sales forecast of EUR 22 million to EUR 24 million and an adjusted EBIT margin of around 7%*

    *DARMSTADT / ACCESSWIRE / November 26, 2018 / AKASOL AG ("AKASOL") (XETRA: ASL) (FSE: ASL), a leading German manufacturer of high-performance lithium-ion battery systems for buses, commercial, rail and industrial vehicles and marine and stationary applications, continued to grow successfully in the third quarter of 2018.*

    At EUR 13.6 million, sales revenues for the first nine months of the current fiscal year were 45.1% higher than in the same period of the previous year (9M 2017: EUR 9.4 million). The order backlog through 2024 was at a consistently high level of EUR 1.47 billion as of September 30, 2018.

    Sven Schulz, CEO of AKASOL AG: "Our company was able to continue its announced growth course in the third quarter of 2018. Furthermore, series production for our two major customer projects went into operation on schedule at our Langen plant. We had very good discussions with current and potential new customers in the on-highway and off-highway segment at important industry trade fairs such as the IAA Commercial Vehicles and InnoTrans. We recorded great interest in our battery systems. We were also able to win our first order from a major German manufacturer for fast-charging stations in conjunction with battery system technology. The entry into this business area looks very promising. We estimate that our organic growth will continue to be sustained by expanding cooperation with our current customers and by acquiring new customer projects."

    In the first nine months of the current fiscal year, AKASOL achieved positive adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of EUR 1.6 million (9M 2017: EUR 2.3 million) and positive adjusted EBIT (earnings before interest and taxes) of EUR 1.2 million. The adjusted EBIT margin (as a percentage of sales) was 9.0%.

    Costs of materials rose to EUR 6.9 million in the first nine months of 2018 (9M 2017: EUR 3.8 million) as a result of the growth in sales. Adjusted EBITDA and adjusted EBIT in the current year were also affected by the scheduled increase in personnel in view of the start of series production at the Langen plant. As of September 30, 2018, AKASOL had 137 permanent employees (September 30, 2017: 84). Personnel expenses rose from EUR 3.4 million in the same period of last year to EUR 4.6 million in the first three quarters of 2018. Due to the disproportionately low increase in personnel expenses compared to sales, the personnel expense ratio fell from 37.2% in the previous year to 34.2%.

    As a result of the capital increase in connection with the IPO, the equity ratio increased to 88.4% as of September 30, 2018 (March 31, 2018: 11.6%).

    Dr. Curt Philipp Lorber, CFO of AKASOL AG: "We laid our foundation for expansion in Langen and the US in June using the funds from our successful IPO. Since then, we have made good progress with both projects. The production facilities for doubling capacity in Langen will soon be ordered from our suppliers. We are currently planning to have all the prerequisites in place to increase production in Langen from its current annual capacity of up to 300 MWh to up to 600 MWh by the end of 2019 - more than nine months earlier than planned. In the US, we appointed the experienced automotive manager Roy Schulde as Managing Director of our subsidiary AKASOL Inc. in October. Here, too, we estimate that the production site of AKASOL Inc. will be put into operation in late 2019 with an annual capacity of up to 300 MWh and with production to begin in early 2020."

    For the full year 2018, the Management Board of AKASOL AG confirms the forecasts of sales between EUR 22 million and EUR 24 million and an adjusted EBIT margin of around 7%.

    The full report for the first nine months of 2018 will be available for download on the website later today.



    Isabel Heinen

    Phone: +49 (0) 6103 48567-26


    *About AKASOL*

    AKASOL is a leading German manufacturer of high-performance lithium-ion battery systems for buses, commercial vehicles, rail vehicles, industrial vehicles, marine and stationary applications. Building on nearly 30 years of experience, AKASOL is a pioneer in developing, testing and manufacturing certified battery systems for the commercial transport sector. AKASOL AG's shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange since June 29, 2018.

    Based in Germany, AKASOL operates a facility in Langen with an annual capacity of up to 300 MWh which is planned to be expanded to 600 MWh by 2020. To AKASOL's knowledge, this is Europe's largest production plant for commercial vehicle lithium-ion battery systems, currently capable of producing high-performance battery systems for up to 1,500 fully electric buses or up to 6,000 commercial vehicles per year, depending on battery size. AKASOL's systems are manufactured to the industry standards demanded by leading OEM clients. Current clients include Daimler, a Scandinavian bus and truck manufacturer, Alstom, Bombardier, Rolls-Royce Power Systems (MTU Friedrichshafen) and Medatech. AKASOL boasts a technology-independent product portfolio. This allows the Company to choose the best battery cells and battery chemistry according to the clients' individual needs.


    Statements contained herein may constitute "forward-looking statements." Forward-looking statements are generally identifiable by the use of the words "may,""will,""should,""plan,""expect,""anticipate,""estimate,""believe,""intend,""project,""goal" or "target" or the negative of these words or other variations on these words or comparable terminology.

    Forward-looking statements are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Group's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. You should not place undue reliance on forward-looking statements and the Group does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.

    View source version on Reported by Accesswire 6 hours ago.

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    Papendrecht, 26 November 2018

    *Royal Boskalis Westminster N.V. (Boskalis) with its partners has been selected as a contractor on Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) program.*

    The LTA is part of an ambitious offshore investment program and covers engineering, procurement, construction, transportation and installation (EPCI) contracts to support Saudi Aramco's Offshore Maintain Potential Program, Oil & Gas Program, and other offshore expansions. Within the scope of the LTA, investments could exceed USD 3 billion per annum with a program duration of 6 years, with options by Saudi Aramco to extend for a further 3 plus 3 years. Selected contractors like Boskalis have the right to bid for tenders put out by Saudi Aramco without further technical prequalification, considerably shortening the lead time through to award.

    Boskalis acquired the agreement in consortium with the United Arab Emirates-based company Lamprell. Lamprell will focus on the engineering, procurement and construction of offshore structures, such as topsides and jackets. Boskalis will be responsible for the transport and installation of these structures, in addition to dredging activities and specialist subsea activities, including survey as well as pipeline and cable installation.

    This agreement is an important milestone for Boskalis and supports the strategic vision of selective growth towards becoming a full-scope transport & installation contractor at the high-end of the offshore energy market.

    Peter Berdowski, CEO Boskalis: "This agreement with Saudi Aramco marks an important milestone for Boskalis. As spearhead of our strategy we have over the last number of years invested in vessels and people to broaden our offshore transport & installation capabilities. The choice for Boskalis as LTA partner supports and confirms our strategic vision. We are proud of the confidence shown by Saudi Aramco and look forward to working in partnership. In the coming year, we will focus on tendering and building up our local organization in preparation of the execution of projects for the period thereafter. It is expected that the agreement will generate multiple hundreds of millions of euros revenue for Boskalis."

    *For further information*

    Investor relations:
    *Martijn L.D. Schuttevâer*

    *Arno Schikker*

    T +31 78 6969310

    *Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with services including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the oil and gas sector and offshore wind industry as well as salvage solutions. Furthermore, Boskalis has a number of strategic partnerships in harbor towage and terminal services (Kotug Smit Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 900 vessels and floating equipment and 10,700 employees, including associated companies, Boskalis operates in 90 countries across six continents.*

    This press release can also be found on our website


    · pdf version press release.pdf Reported by GlobeNewswire 5 hours ago.

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    [Monitor] Kampala -Details have emerged that police marine officers attempted to block the ill-fated boat operators and revellers from leaving KK Beach at Ggaba Landing Site in Kampala in vain after being notified about fabrication of the vessel minutes before they set off. Reported by 5 hours ago.

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    NEW YORK, Nov. 26, 2018 (GLOBE NEWSWIRE) -- The *global ballast water treatment market* was valued at USD 17.4 billion in 2017 and is likely to expand to *USD 106.3 billion by 2024*, witnessing a *CAGR of 29.4%* over the forecast period. The growth can be primarily attributed to the rising concerns regarding the threat of Invasive Alien Species (IAS) which may adversely impact the local biodiversity. Moreover, stringent regulations of International Maritime Organization (IMO) and Ballast Water Management Convention (BWM) regarding the treatment of ballast water are further expected to drive the demand over the forecast period.In addition, favorable government initiatives across the globe in light of environmental and sustainability concerns have fostered market growth. Ballast water refers to the seawater used as a ballast to balance the ship, and is pumped in or out in order to add/reduce weight for stability. Ballast water treatment is a process of removing or killing the biological organisms such as algae, bacteria, and zooplankton from the water, before discharging to the marine environment.

    *Key findings from the report:*

    · The global ballast water treatment market is likely to reach USD 106.3 billion by 2024
    · Physical disinfection segment held the major share of the global market in 2017 due to ease of operation and high efficiency
    · Low ballast dependent vessels segment held the major share of the market in 2017 and is likely to continue its dominance over the forecast period
    · >5000 cubic meters segment held the maximum share of the market in 2017 and is projected to witness a healthy CAGR during 2018 to 2014
    · Asia Pacific accounted for the largest share of the market in 2017, while growing at the fastest CAGR over the next seven years
    · Some of the key companies operating in the industry include Alfa Laval; Xylem; Evoqua Water Technologies LLC; Veolia Water Technologies; Calgon Carbon Corporation; Wartsila; Mitsubishi Heavy Industries, Ltd.; Optimarin; JFE Engineering Corporation; Damen Shipyards Group; ballast Water Containers Ltd.; Trojan Technologies; Headway Technology Co., Ltd.; Ecochlor, Inc.; ATG UV Technology; among others
    · As of July 2018, Alfa Laval introduced Alfa Laval PureBallast 3 computer-based training (CBT), an online/offline training tool that serves as a complement to crew training on board or at training centres. Combining self-study, a 3D computer simulator and a final self-assessment, it allows masters and crews to become familiar with the components of Alfa Laval PureBallast 3 and the basics of its operation.

    *Physical disinfection segment accounted for the major share of the global market*
    The technologies currently available for ballast water treatment can be categorized into physical disinfection, mechanical systems and chemical treatment. Among these, the physical disinfection segment held the maximum share of the global market in 2017 and the trend is likely to continue over the forecast period. The segment has emerged as the most efficient technology for ballast water treatment as it offers ease of operation and high efficiency over other treatment methods.

    *High ballast dependent vessels are likely to offer potential opportunities*
    High ballast dependent vessels include tankers and bulkers, whereas low ballast dependent vessels include cargos, container ships, cruise ships, and other vessels. Low ballast dependent vessels held the maximum market share in 2017 due to large number of container ships and cargos employed in seaborne trade. Whereas, high ballast dependent vessels segment is projected to offer potential opportunities due to greater capacity and performance of bulk carriers and tankers.

    *Browse full research report with TOC on** "Global Ballast Water Treatment Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024" at:*

    *To purchase report:*

    *Ballast Water Treatment Market – Regional insight*
    Asia-Pacific emerged as the leading regional market in 2017 and is expected to maintain its dominance over the next seven years. The major factors fuelling growth in the region include rise in the volume of seaborne trade and increasing IMO adoption due to growing environmental concerns. Moreover, Europe is expected to be the second largest regional market over the forecast period.

    *The report segments smart cable guard system market on the basis of components, end use industry, and region. *

    *By Technology*

    · Physical disinfection• Cavitation
    • Ultraviolet light
    • De-oxygenation
    • Others

    · Mechanical systems• Filtration
    • Electro-mechanical separation
    • Cyclonic separation

    · Chemical treatment• Disinfecting biocides
    • Electrolytic chlorination*By Vessel Type*

    · High ballast dependent vessels• Bulk carriers
    • Tankers

    · Low ballast dependent vessels• Container ships
    • General cargos
    • Other vessels

    *By Capacity*

    · · 1500 – 5000 cubic meters
    · >5000 cubic meters

    *By Service*

    · Manufacturing, installation & calibration
    · Performance measurement
    · Re-commissioning

    *By Region*

    · North America
    · Europe
    · Asia-Pacific
    · Central & South America (CSA)
    · Middle East & Africa (MEA)

    *About Energias Market Research Pvt. Ltd.** -*

    Energias Market Research launched with the objective to provide in-depth market analysis, business research solutions, and consultation that is tailored to our client’s specific needs based on our impeccable research methodology.

    With a wide range of expertise from various industrial sectors and more than 50 industries that include *energy, chemical and materials, information communication technology, semiconductor industries, healthcare and daily consumer goods*, etc. We strive to provide our clients with a one-stop solution for all research and consulting needs.

    Our comprehensive industry-specific knowledge enables us in creating high quality global research outputs. This wide-range capability differentiates us from our competitors.

    *Contact: *

    *Mr. **Alan Andrews*

    *Business Development Manager*

    *For any queries email us: *

    *To purchase report: *

    *Call us: +1-716-239-4915*

    *Visit: * Reported by GlobeNewswire 4 hours ago.

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    Shares in Lamprell PLC (LON:LAM) jumped in early trading Monday after it was selected as a contractor for an offshore investment programme run by Saudi Aramco. The oil services firm said under the Long Term Agreement for Offshore Facilities (LTA) it would focus on the engineering, procurement and construction of offshore structures, such as topsides and jackets as part of its bid, which was made in consortium with Dutch marine contractor Boskalis. READ: Lamprell upgraded to ‘buy’ by Numis on pipeline potential despite swing to loss in half year results The LTA covers engineering, procurement, construction, transportation and installation contracts and is aimed at supporting Aramco’s offshore projects, with the scope of investment potentially exceeding US$3bn per year with an initial duration of six years. Contractors selected for the LTA also have the right to bid for other Aramco contracts without further technical prequalification or preselection, considerably shortening the time taken to receive the award. Saudi Aramco is owned by the Saudi Arabian government and is one of the world’s largest companies with access to more than 270bn barrels in crude oil reserves. Christopher McDonald, chief executive of Lamprell, said the award would advance the company’s “strategic aspirations with respect to both Saudi Arabia and the EPCI sector” as well as cementing its relationship with Boskalis. Shares were up 6.5% at 64.7p. Reported by Proactive Investors 3 hours ago.

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    Early Warrant Exercise Adds Cash to the Balance Sheet

    ST. JOHN’S, Newfoundland, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF), is pleased to announce that as disclosed on, Public Works and Government Services Canada, has issued a contract valued at $468,000 to Kraken Robotic Systems Inc. The end user is the Canadian Department of National Defense (DND). Under the contract, Kraken will provide testing, repairs, integration and upgrading of an AquaPix® INSAS sensor originally sold to DND for integration on the Artic Explorer Autonomous Underwater Vehicle in 2014. *Early Exercise of Warrants *

    Kraken is also pleased to announce that since quarter end (September 30, 2018), it has received almost $0.6 million in cash from the early exercise of approximately 2.1 million warrants set to expire in April 2019.  To date, Kraken has received $835,666 in cash from the early exercise of 2,785,553 warrants which had an exercise price of $0.30 and were set to expire in April 2019. There remains approximately 3.1 million warrants with the same terms, which would generate another $0.9 million in cash for the Company if exercised.  

    *About Kraken Robotics Inc.*

    Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company that is dedicated to the production and sale of software-centric sensors and underwater robotic systems. The company is headquartered in St. John’s, Newfoundland with offices in Dartmouth, Nova Scotia; Toronto, Ontario; Bremen, Germany; and Fairfax, Virginia. For more information, please visit,, Find us on social media on Twitter (@krakenrobotics), Facebook (@krakenroboticsinc) and LinkedIn.Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQB has neither approved nor disapproved the contents of this press release.

    For further information, please contact:

    Sean Peasgood, Investor Relations
    (647) 955-1274

    Greg Reid, Chief Financial Officer
    (416) 818-9822

    Glenda Leyte, Marketing Manager
    (709) 757-5757 extension 288 Reported by GlobeNewswire 2 hours ago.

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    MONACO, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) announced today that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Libra, one of its Ultramax drybulk carriers, for a period of between five and seven months at a rate of $15,250 per day.*About Scorpio Bulkers Inc.*

    Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities.  Scorpio Bulkers Inc. has an operating fleet of 57 vessels consisting of 56 wholly-owned or finance leased drybulk vessels (including 19 Kamsarmax vessels and 37 Ultramax vessels), and one time chartered-in Ultramax vessel. The Company’s owned and finance leased fleet has a total carrying capacity of approximately 3.9 million dwt and all of the Company’s owned vessels have carrying capacities of greater than 60,000 dwt. Additional information about the Company is available on the Company’s website, which is not a part of this press release.

    *Forward-Looking Statements*

    Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

    The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

    In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk vessel capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

    CONTACT: Contact:

    Scorpio Bulkers Inc.
    +377-9798-5715 (Monaco)
    +1-646-432-1675 (New York) Reported by GlobeNewswire 1 hour ago.

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    As the Arctic undergoes drastic change, sustainable development can help preserve biodiversity

    OTTAWA, Nov. 26, 2018 (GLOBE NEWSWIRE) -- As climate change alters the Arctic Ocean, opening the newly accessible region to an estimated C$1.3 trillion in investments in coming decades, a new World Wildlife Fund report provides recommendations for developing resources and economies to ensure long-term economic and ecosystem health for both the Arctic and the planet. 
    Getting it right in a new ocean: Bringing Sustainable Blue Economy principles to the Arctic, from WWF’s international Arctic Programme, draws from lessons learned elsewhere in the world on how the principles of a Blue Economy – one that provides social and economic benefits for current and future generations, that restores and maintains the diversity and productivity of marine ecosystems, and one that is based on clean technologies and circular material flows – can be applied to this “new ocean.”  
    The Arctic is home to 34 species of marine mammals, 633 species of fish and 4 million people including Indigenous peoples and communities. Without proper policies in place, the Arctic’s vulnerable coasts and marine species will increasingly come into conflict with industrial activities – such as shipping and seismic exploration – and may be harmed by invasive species, underwater noise and oil spills. WWF is calling on the investment community, industry and governments to take a precautionary approach to the immense economic opportunities emerging in the Arctic.

    *R**ecommendations **include**:** *

    · Carefully consider and prioritize climate change risks when investing. 
    · Preserve biodiversity in a warmer Arctic. 
    · Fully integrate Arctic research and Indigenous knowledge in decision-making processes. 
    · Focus on renewable resources to diversify Arctic economies. 
    · Apply ecosystems-based management in the Arctic marine environment. 

    · Strengthen Arctic governance to ensure sustainable development. 


    Canada has an opportunity to be a global leader in creating economic growth that doesn’t interfere with biodiversity. Canada will co-host the first-ever Sustainable Blue Economy Conference taking place in Nairobi, Kenya Nov. 26 to 28. 


    *Applying **Blue Economy principles in **Canada**:** 
    *The community of Cape Dorset, Nunavut is examining the possibility of creating the area’s first sustainable, community-driven crab fishery. Small-scale inshore fisheries in northern communities offer sustainable economic development, allow for the use of more selective and habitat-friendly gear, and ensure that economic and food security benefits stay in communities. WWF-Canada is working with community members in Cape Dorset on this sustainable fishing project, to determine through scientific assessment the size of the crab population and whether it can support a fishery. Discussions are under way with a second potential partner community in Nunavut.   


    *Paul Crowley, WWF-Canada’s vice president of Arctic conservation, says: ** ** 
    *“As the Arctic warms, sustainable fishing practices will be critical in preserving biodiversity. We are extremely encouraged by the potential for a community-based, inshore fishery in Cape Dorset, which compared with other types of resource extraction such as oil and gas development and mining, will benefit the community, and could become a blueprint for sustainable fisheries for years to come. If properly executed, a locally managed, sustainable fishery could provide substantial economic opportunity at a low environmental cost.”       


    *Dr**. Simon Walmsle**y, WWF**’s international** Arctic Programme sustainability d**irector**,** says:** 
    *“Climate change is making the Arctic more accessible than ever before. But the Arctic Ocean remains a remote, and risky place to do business. By starting from a premise of sustainability before massive development begins, we can help prevent the most negative impacts in one of the world’s most vulnerable ecosystems.” 
    *About World Wildlife Fund Canada** 
    *WWF-Canada creates solutions to the environmental challenges that matter most for Canadians. We work in places that are unique and ecologically important, so that nature, wildlife and people thrive together. Because we are all wildlife. For more information, visit 

    *  ** *

    *About WWF**’s international Arctic Programme** 
    *WWF’s Arctic Programme co-ordinates WWF's work in the Arctic through offices in seven Arctic countries with experts in circumpolar issues like sustainability, governance, climate change, shipping, oil and gas and wildlife. For more information, visit our website at 


    *For further information** 
    *Antonella Lombardi, communications specialist, WWF-Canada   mobile: +1-647-668-4613  Reported by GlobeNewswire 42 minutes ago.

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    VT MAK, a company of VT Systems, today announced the demonstration of an integrated training system that enhances simulation training at booth #1413 during the Interservice / Industry Training Simulation & Education Conference (I/ITSEC) 2018, from November 26-30.

    ORLANDO, Fla. (PRWEB) November 26, 2018

    VT MAK, a company of VT Systems, today announced the demonstration of an integrated training system that enhances simulation training at booth #1413 during the Interservice / Industry Training Simulation & Education Conference (I/ITSEC) 2018, from November 26-30.

    VT MAK’s product integration demonstration will provide attendees the opportunity to experience MAK products as they interact with one another to create a complete simulation solution. VT MAK’s simulation products feature the flexibility to meet requirements of a large variety of training systems, having the ability to cohesively set up and manage the training scenario, simulate all training roles, as well as record and present training results.

    “We look forward to showing the new advancements we have made this year, as well as how they reinforce and support MAK’s longtime goals: to create powerful tools that empower our customers, push the latest developments in technology, and provide the best engineering support in the industry,” said Bill Cole , CEO, VT MAK .

    VR-Engage, VT MAK’s multi-role virtual simulator, will be playing a central role in the integrated training system. It will be used to play first-person roles of a Driver, Soldier, Pilot, and Sensor Operator. The Sensor Operator is a newest role launched in 2018, with the release of VR-Engage 1.3.

    VT MAK will be demonstrating performance advancements, improved scalability, and new capabilities across their product suite. These include significant improvements to VR-Forces’ space-based simulation and tunneling/urban operations, and impressive performance gains for VR-Vantage, rendering smoother and faster visual scenes. VT MAK’s art team has assembled new content such as new vehicles, new human characters, and 3-D models that are available for anyone procedurally generating terrains with MAK Earth. These new assets will be showcased in the context of the MAK Earth California terrain.

    Continuing MAK’s history of supporting novel display technologies, the booth will feature an augmented reality environment for visitors to pilot a virtual aircraft, which has an added context of being able to see their hands operate the equipment in the cockpit.

    Dan Brockway, VP of Marketing, VT MAK, will be presenting on “Migrating Simulations to Servers, Virtual Machines, and Clouds” to highlight MAK’s development of virtualization strategies and options to fit different customers’ needs at the Innovation Showcase on Wednesday, November 28, 2:30 p.m.


    VT MAK develops software for live, virtual, and constructive simulation. Built upon a strong foundation of COTS products, MAK delivers simulation, gaming, and networking technology in a flexible platform to meet the requirements of training system integrators, experimentation labs, and end users. Our primary users are in the aerospace and defense industries, yet our products and services can help customers anywhere modeling and simulation is needed to train, plan, analyze, experiment, prototype, and demonstrate. MAK is dedicated to serving our customers by building capable products, offering superior technical support, and innovating new ways to build, populate and view interoperable 3D simulated worlds. MAK continues to take advantage of new technologies that further the state of simulation. Our products help users link, simulate and visualize their world. VT MAK is a company of VT Systems. Please visit for more information.

    VT Systems is an engineering company providing integrated solutions to the commercial and government markets in the aerospace, electronics, land systems and marine sectors. VT Systems’ innovative solutions, products and services include aircraft maintenance, repair and modification; software solutions in training and simulation; satellite based IP communications technology; network solutions that integrate data, voice and video; rugged computers and computer peripheral equipment; specialized truck bodies and trailers; weapons and munitions systems; road construction equipment; and ship design and shipbuilding. Headquartered in Alexandria, Va., VT Systems operates globally and is a wholly owned subsidiary of ST Engineering. Please visit Reported by PRWeb 4 hours ago.

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    The Chamber of Shipping of America (CSA) has awarded 109 vessels owned and/or operated by Crowley Maritime Corp. with Certificates of Environmental Achievement in recognition of their strong safety records and environmental protection.

    JACKSONVILLE, Fla. (PRWEB) November 26, 2018

    The Chamber of Shipping of America (CSA) has awarded 109 vessels owned and/or operated by Crowley Maritime Corp. with Certificates of Environmental Achievement in recognition of their strong safety records and environmental protection.

    The 109 vessels include container ships, tankers, articulated tug-barges (ATBs), tugboats and more, representing a combined 1,171 years without an environmental incident. Forty-nine of these Crowley-owned and/or -operated vessels have gone at least 10 years without an incident.

    “The safety of the environment is crucial to our operations in every place where we work. These awards are testaments to the dedication and hard work of the men and women who make up our crews,” said Capt. Boren Chambers, director, marine operations, Crowley SHIPPING, who represented the company at the Nov. 7 awards ceremony in Washington, D.C. “Safety is our No. 1 core value, and we appreciate the recognition earned by crewmembers’ commitment to environmental stewardship.”

    The awards are open to all owners and operators of vessels that operate on oceans or inland waterways. The association’s awards honor companies for operating vessels without any environmental incidents, displaying a commitment to respecting and protecting the environment on oceans and inland waterways. More information on the awards program can be found on CSA’s website,

    “These awards celebrate the dedication to environmental excellence of our seafarers and the company personnel shore-side who operate our vessels to the highest standards,” said Kathy J. Metcalf, president of CSA, at the ceremony. “It is encouraging to see how many vessels go for years achieving environmental excellence. It should be clear to the American public that we in the maritime industry take our stewardship of the marine environment very seriously. Safe and environmentally responsible operations is a culture fully embraced by the maritime industry as a whole and as evidenced by the performances of the award recipients recognized tonight.”

    A full list of Crowley vessels honored and their years without an environmental incident is listed below by service.

    About Crowley
    Jacksonville-based Crowley Holdings Inc., a holding company of the 126-year-old Crowley Maritime Corporation, is a privately held family and employee-owned company that provides marine solutions, energy and logistics services in domestic and international markets. Crowley operates under four business units: Crowley LOGISTICS, a singular ocean liner and logistics supply chain division; Crowley SHIPPING, which encompasses ownership, operations and management of conventional and dual fuel (LNG) vessels, including tankers, container ships, multipurpose, tugboats and barges; Crowley FUELS, a fuel transportation, distribution and sales division that also provides liquefied natural gas (LNG) and related services; and Crowley SOLUTIONS, which focuses on government services, including vessel management for government agencies, as well as engineering, project management, naval architecture through its subsidiary Jensen Maritime, and marine salvage and emergency response through its 50 percent ownership in Ardent Global. Additional information about Crowley, its subsidiaries and business units may be found at

    # # #

    MV AKU     18
    MV AVIK 5

    EMPIRE STATE     8
    GOLDEN STATE     8
    OCEAN GRAND     3
    TEXAS     3

    SS CURTISS     19
    SS WRIGHT     13
    USNS LOYAL     3

    GUS E     19
    MV ADMIRAL     6
    MV CHIEF     19
    MV GOLIAH     11
    MV GUARD     13
    MV GUARDIAN     18
    MV GUIDE     19
    MV HUNTER     5
    MV KAVIK RIVER     48
    MV LEADER     7
    MV MASTER     20
    MV NACHIK     9
    MV NAVIGATOR     4
    MV OCEAN SKY     5
    MV OCEAN SUN     5
    MV OCEAN WAVE     6
    MV OCEAN WIND     5
    MV PROTECTOR     7
    MV PT. THOMPSON     21
    MV RESPONSE     4
    MV SAG RIVER     43
    MV SCOUT     19
    MV SEA PRINCE     14
    MV SESOK     9
    MV SIKU     5
    MV TIOGA     20
    MV TOOLIK RIVER     18
    MV VALOR     11
    MV VETEREN     18
    MV VIGILANT     18
    ROGER G     19
    SEA VOYAGER     4
    STALWART     5
    TANERLIQ     19
    TUG ALERT     18
    TUG AWARE     8
    TUG NANUQ     19

    ATB ACHIEVEMENT/650-8                8
    ATB COASTAL RELIANCE/550-4        5
    ATB COMMITMENT/650-6                4
    ATB COURAGE/650-5                         10
    ATB GULF RELIANCE/650-2             11
    ATB INNOVATION/650-9                 5
    ATB INTEGRITY/650-4                        10
    ATB LEGACY/750-1                         7
    ATB LEGEND/750-2                         6
    ATB LIBERTY/750-3                         5
    ATB OCEAN RELIANCE/550-3          10
    ATB PACIFIC RELIANCE/650-1          12
    ATB PRIDE/650-7                         5
    ATB RESOLVE/650-3                      10
    ATB SEA RELIANCE/550-1         16
    ATB SOUND RELIANCE/550-2         16
    ATB VISION/650-10                      4
    FLORIDA                                      5
    LONE STAR STATE                      2
    LOUISIANA                                      2
    MAGNOLIA STATE                      2
    OHIO                                                  2
    PENNSYLVANIA                                     6
    WEST VIRGINIA                                 2

    MV DEFENDER     18
    MV ENSIGN     18
    MV EXPLORER     18
    MV MONITOR     18
    MV PATRIARCH     18
    MV SENTINEL     5
    MV SENTRY     18
    TUG RANGER     18
    TUG WARRIOR     2

    YORKTOWN EXPRESS     17 Reported by PRWeb 4 hours ago.

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    ATHENS, Greece, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) reported today the successful completion of the previously announced sale and purchase agreements. On November 22, 2018 the Company took delivery of the M/V Fellowship, a 179,759 deadweight ton (“dwt”) Capesize dry bulk vessel, built in 2010 at Daewoo Shipbuilding in South Korea. The Company entered into the agreement to acquire the M/V Fellowship in August 2018.Furthermore, the Company has completed the sales of two Chinese built Supramax vessels. Specifically, the M/V Gladiatorship, built in 2010 at CSC Jinling Shipyard, was delivered to its new owners on October 11, 2018 and the M/V Guardianship, built in 2011 at the same yard, was delivered to its new owner on November 19, 2018.

    The acquisition of the M/V Fellowship was financed by a combination of cash on hand and a senior loan facility. The existing lender of the two sold Supramax vessels agreed to rollover the underlying loan amount by funding the acquisition of the M/V Fellowship on substantially the same terms.

    The M/V Fellowship is currently on time-charter to a major European charterer at a gross daily rate of $17,150, with latest redelivery in January 2019.

    *Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated:*

    “We are pleased to take delivery of another high quality modern Capesize vessel built in S. Korea. We remain committed to further accretive acquisitions in the Capesize segment, as we strongly believe that it has the best fundamentals in the dry bulk industry. Following the addition of the M/V Fellowship to our fleet, Seanergy is now the only pure-play Capesize owner publicly listed in the U.S.”

    The Company currently operates the following fleet:

    Vessel Name Vessel Class Capacity
    (in dwt) Year Built Yard
    Fellowship Capesize 179,759 2010 Daewoo
    Championship Capesize 179,238 2011 Sungdong
    Partnership Capesize 179,213 2012 Hyundai
    Knightship Capesize 178,978 2010 Hyundai
    Lordship Capesize 178,838 2010 Hyundai
    Gloriuship Capesize 171,320 2004 Hyundai
    Leadership Capesize 171,199 2001 Koyo – Imabari
    Geniuship Capesize 170,057 2010 Sungdong
    Premiership Capesize 170,024 2010 Sungdong
    Squireship Capesize 170,018 2010 Sungdong
    Total / Average   1,748,644 9.7 years  

    *About Seanergy Maritime Holdings Corp.*

    Seanergy Maritime Holdings Corp. is the only pure-play Capesize shipowner publicly listed in the U.S. Seanergy provides marine dry bulk transportation services through a modern fleet of 10 Capesize vessels, with a cargo-carrying capacity of approximately 1,748,644 dwt and an average fleet age of about 9.7 years.

    The Company is incorporated in the Marshall Islands with executive offices in Athens, Greece and an office in Hong Kong. The Company's common shares trade on the Nasdaq Capital Market under the symbol "SHIP" and class A warrants under "SHIPW".

    Please visit our company website at:

    *Forward-Looking Statements*

    This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events. Words such as "may", "should", "expects", "intends", "plans", "believes", "anticipates", "hopes", "estimates", and variations of such words and similar expressions are intended to identify forward-looking statements. 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, the Company's operating or financial results; the Company's liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the SEC, including its most recent annual report on Form 20-F. The Company's filings can be obtained free of charge on the SEC's website at Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly 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:
    *Capital Link, Inc.
    Paul Lampoutis
    230 Park Avenue Suite 1536
    New York, NY 10169
    Tel: (212) 661-7566

      Reported by GlobeNewswire 4 hours ago.

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    KEMP, Texas, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting and security equipment sectors, announced the release of an explosion proof network IP remote inspection camera for use in hazardous locations. This weatherproof and tamper-resistant camera features a built-in 1/3” progressive-scan CMOS image sensor delivering up to 4.0MP resolution at 20 fps and allows operators to see real-time feed of the insides of tanks, reactors and vessels, from a remote location.The EXPCMR-IP-4MP-IR-24VDC explosion proof network IP camera provides a wide-angle fixed lens with 83˚ field of view that covers a large area and an integrated IR LED array providing low-light and nighttime visibility up to 45 feet. This unit operates on 24V DC and switches from full color to IR mode automatically when visible light falls below a specific level. This unit is rated Class I, Divisions 1 and 2, Groups B, C and D; Class I, Zones 1 and 2, Groups IIB+H2 and IIA; Class II, Divisions 1 and 2, Groups E, F and G; and Class III, Divisions 1 and 2 and rated NEMA 3, 4, 4X, 7 (B, C, D) and 9 (E, F, G).

    This durable network IP remote inspection camera uses Advanced Infrared Technology, 120dB true Wide Dynamic Range, 3D Digital Noise Reduction and a true day/night IR-Cut filter removal to produce clear images in low-light situations. This unit is linked up via an RJ45 ethernet cable provided by the customer. A network video recorder (NVR) is necessary to record the stream from the camera and is not provided.

    This unit is made of an ATEX/IECEx certified copper-free aluminum alloy body weighing only six pounds and features an adjustable rear-mounted stainless-steel mounting bracket and handle. This camera is suitable for vessel, tank and reactor monitoring, remote observation of external facilities, monitoring of cleaning and more.

    *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.

    Photos accompanying this announcement are available at

    *For further information, please contact:
    *Rob Bresnahan, President and CEO
    Toll-free: 1-888-351-2363
    Int’l: 214-616-6180
    Fax: 903-498-3364
    E-mail: Reported by GlobeNewswire 3 hours ago.

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