Poseidon Containers Holdings Corp. announced today the commencement of its initial public offering (IPO) of 15,380,000 common shares. The company said it will grant the underwriters a 30-day option to purchase up to 2,307,000 additional common shares…
Fendercare Marine announced the signing of a global framework for the sale of Gunnebo Industries products.Gunnebo Industries manufactures products such as crane blocks, wire rope sheaves, chain and lifting components, shackles and lashing products…
Marine equipment manufacturer Dometic Marine appointed Gustaf Hamrén to manage expanding sales for OEM and aftermarket products in Turkey.Effective from July 1 2015, Key Account Manager Hamrén is now handling the company’s OE product portfolio in the country…
Singapore-based Thome have signed a Safety Service agreement with Wilhelmsen Ships Service (WSS). Ryan Dalgado, Procurement & Supply Chain Manager from Thome said, Working with WSS, we also benefit from their geographical spread and in-depth…
SAFE Boats International (SBI) has been awarded a contract modification to provide the United States Navy two (2) additional Mk VI Patrol Boats (Mk VI PB). The contract modification exercises the options available on the second Mk VI procurement contract…
A U.S. Navy submarine has become the first to launch and recover an underwater drone used in a military operation, reports AP. The attack submarine USS North Dakota returned to its base in Groton, Connecticut, on Monday following a nearly two-month deployment…
Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore support vessels (OSV) with an existing customer in the Middle East. The…
The U.S. 6th fleet’s command and control ship USS Mount Whitney (LCC 20), entered the final stages of its renovation and overhaul at the Viktor Lenac shipyard, in Rijeka, Croatia, July 11, 2015.After successfully completing the majority of a seven-month docking…
Set for September 17-20th, 2015 on Newport Harbor is the Newport International Boat Show (NIBS), which flaunts its destination and sailing history to attendees making their fall travel plans. NIBS is the kick-off to the boat show season and a prime time to experience fall in New England…
“Weak market situation” prompts realignment of Wärtsilä’s Ship Power business Wärtsilä announced a realignment of its Ship Power business, now renamed Marine Solutions. The reorganization, triggered by “sluggish global marine market situation”…
ConocoPhillips today for its convenience provided a notice of termination for the three-year ENSCO DS-9 drillship contract. Under the terms of the contract, ConocoPhillips is obligated to pay Ensco termination fees monthly for two years equal to the operating day rate of approximately $550…
Gemeco Marine Accessories, world-leading experts in the selection, placement and technical support for marine transducers and NMEA networking products, announced today its partnership with non-profit organizations, the Impossible Dream and…
In order to meet demand and keep the system moving, all available back-up Washington State Ferries vessels will be called into service while two larger ferries are out for emergency repairs between Monday, July 20, and Wednesday, July 22…
When it comes to innovation in new boats, few hold a better record than the Norwegians. As pioneers in the salmon farming industry they have several decades of innovation in maintaining the farms and in transporting fish from farm to market as well as developing work vessels to support the farms…
New regulations on the carriage of biofuels could limit the trading flexibility of product tankers from next January, according to Rivertrace Engineering, Managing Director, Mike Coomber. This is because oil discharge monitoring equipment on…
