Nautical Bulk Holdings Limited, a newly formed Bermuda-based dry bulk shipping company, has raised in excess of $100 million of equity capital to fund the construction of eight ultramax, eco-friendly vessels under construction by Jiangsu Hantong Ship Heavy Industry…
It’s a powerful proposal. Keeping a 90-meter, 4,500-deadweight capacity platform supply vessel (PSV) stationary only a few meters from an oil and gas platform, as it transfers fluids, equipment and personnel in challenging weather conditions…
The largest vessels in the world will be moored in the port of Rotterdam in the next 7 days, thanks to the port's deep-draft facilities.On Friday 16 August, all attention will focus on the first visit of the Maersk Mc-Kinney Moller. With a capacity of 18…
Vard Holdings Limited secured contracts with joint ventures of DOF Subsea and Technip for the design and construction of four Pipe Lay Support Vessels (PLSVs), a contract which is the largest order in VARD’s history, with an aggregate order value of approximately $ 1…
Royal Boskalis Westminster (Boskalis) subsidiary Dockwise was contracted to provide an alternative form of dry docking in the Mediterranean for a semi-submersible drilling rig too big to fit into any dry-dock in the region.It was realised…
V.Ships Leisure (a provider of ship-management services to the passenger shipping industries) with V.Hospitality and MHG have formed a strategic partnership.The companies have a number of new joint projects in progress and the partnership will allow for a more effective collaboration…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA).Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
The company reports completion of a multi-year project to build and install the world's largest crane training simulator for the National Ports Agency of Morocco.The simulator uses a 10-meter dome and 12 projectors to create an immersive virtual…
Marine Engineers’ Beneficial Association (M.E.B.A.) members sailing in the Interlake Steamship fleet have ratified a new 12-year contract recently hammered out with the company.The successor agreement to the original 10-year deal captures considerable wage hikes and locks up gains for vacation…
Deltamarin Ltd. signed a contract with the Chinese Tianjin Xingang Shipbuilding Heavy Industry for Approval and Detail Design work for the two (plus two options) Post Panamax Car Carriers ordered by the Swedish shipowner Wallenius Lines. Prior to this contract…
Singapore's Otto Marine Ltd. has sold through one of its wholly-owned subsidiaries, whose shipyard is located in Indonesia, the 2 Anchor Handling Towage & Supply Vessels (AHTS) to a third party buyer for re-chartering.The aggregrate price of the two AHTS was US$ 170-million…
Costa Crociere & Titan-Micoperi representatives to present a progress report to the authorities for evaluation of the 'parbuckling project' & gain approval for wreck removal operations to commence in September 2013.The report will be presented…
Robert Allan Ltd. has designed a new generation of more capable High Endurance Self-righting Search & Rescue Lifeboats for the Canadian Coast Guard.This new design was developed from the successful similar vessels known as the “Severn” Class…
The vessel's fore part has broken free from tow amid adverse weather conditions, the after part having sunk earlier.The (slightly amended) owner's statement No. 17 is as follows: The fore part is located near 17'02'N 67'57'E. The weather in the area is still adverse…
Trelleborg will provide a local presence for onsite marine services in North America, Central America and the Caribbean by appointing RPS Evans-Hamilton as Service Partner for the Docking and Mooring division of Trelleborg Marine Systems for these regions…
