NorSea Group and the Scrabster Harbour Trust in Caithness have agreed on construction of the new supply base for the oil & gas sector.Under the agreement NorSea Group will work with the Trust to bring in new business and develop Scotland’s…
United LNG, LP and Petronet LNG Limited, India's largest LNG importer, agree to supply LNG from the Main Pass Energy Hub™ project in the Gulf of Mexico.The (conditional) agreement was signed by Petronet LNG Managing Director & CEO, Dr. A.K…
STX Marine (STXM) has been awarded the contract for the engineering package for Seaspan Ferry Corporation’s fleet replacement program. The completed concept design will form part of a bid package, expected to be released to shipyards for tender in July 2013…
MAN Diesel & Turbo makes the 500th sale of its 48/60 medium-speed engine to Huta Marine of Jeddah, Saudi Arabia who ordered a pair for its new dredger.The milestone was reached with the order of two common-rail variants of the engine by Huta Marine of Jeddah…
Troels Kløvedal has sailed the seven seas in his yacht Nordkaperen since 1967, but now returns to his native Denmark with his boat.This summer, Troels will be travelling by sea around his home country, filming for a TV show on the new TV2 FRI channel…
Alfa Laval – a heat transfer, centrifugal separation and fluid handling company – won an order from MAN Diesel and Turbo to supply Alfa Laval PureSOx exhaust gas cleaning systems for two cruise ships. The order for four scrubbers is booked in the Marine and Offshore Systems segment…
Alfa Laval to supply PureSOx exhaust gas cleaning systems for two cruise ships to MAN in a SEK 55 million contract.The Alfa Laval PureSOx exhaust gas cleaning systems will be installed onboard two luxury cruise liners, where they will remove…
Germany-based Raytheon Anschuetz with Italian provider Seastema, to deliver Integrated Bridge & Navigation Systems (IBNS) for two Italian Coast Guard military patrol vessels.The vessels are currently being built at Fincantieri's Castellammare di Stabia (Naples) shipyard…
Port of Houston Commission to negotiate a contract for the purchase of 4 new electric cranes for Barbours Cut Container Terminal.Demonstrating continued investment in infrastructure improvements to better serve customers, the Port Commission…
Odfjell buys long-term chartered vessel 'MT Bow Engineer', a 30,086 dwt chemical tanker.Odfjell, a leading company in the global market for transportation and storage of bulk liquid chemicals, acids, edible oils and other special products…
Denmark's TORM agreed to sell five MR product tankers to a company controlled by Oaktree Capital Management as part of an earlier restructuring agreement.The sale is a consequence of the specific option rights, which one bank group exercised in connection with the Restructuring Agreement…
BioProcess Algae LLC awarded $6.4-Million U.S. Department of Energy grant to develop advanced drop-in biofuels for military jets & ships.BioProcess Algae LLC has been selected to receive a grant of up to $6.4 million from the U.S. Department of Energy (DOE)…
CDI Corp. gets a new U.S. Navy SEAPORT task order to continue to provide watercraft engineering & marine services for the Naval Surface Warfare Center.The watercraft engineering and marine services contract is for the Naval Surface Warfare Center…
Navios Maritime Holdings & Navios Maritime Acquisition Corp. in J/V sign LOI to buy 10 ships from debtors of HSH Nordbank.The new Joint Venture company, named Navios JV, has executed a binding letter of intent to acquire ten vessels, composed…
Insurers, Lloyd's of London, say in a new report that the cost of dealing with shipwrecks is rising as ships grow in size.The report, 'The challenges and implications of removing shipwrecks in the 21st century', warns that the cost of dealing…
