Danish shipping company J. Lauritzen adds CEO of Norwegian Odfjell, Kristian V. Mørch, and CFO of the cleaning company ISS, Barbara Plucnar Jensen, into its board of directors. 'J. Lauritzen A/S in March 2018, Kristian V. Morch, CEO at Odfjell SE…
Oslo Stock Exchange has decided to delist the shares of Singapore-based Emas Offshore from trading. The offshore services provider considers this decision detrimental to its ongoing restructuring efforts. The Oslo Stock Exchange released a statement on Monday…
Iskes Towage & Salvage, the leading maritime service provider based in the port of IJmuiden, Amsterdam, has taken delivery of two Damen ASD Tugs 2810. The vessels were built at Damen Song Cam Shipyards, Vietnam, and delivered last year to Damen Shipyards Gorinchem…
GTT announces it has received several orders, since the beginning of the year, for the equipment of three LNG Carriers (LNGCs) and one bunkering vessel. The three LNGCs, offering capacities ranging from 174,000 to 180,000 m3, will be built…
India's biggest container traffic handler Jawaharlal Nehru Port (JNPT) has achieved yet another milestone in its ambitious journey to become a world class maritime hub when the Prime Minister Narendra Modi laid the foundation stone for the fourth container terminal…
Incat Crowther has appointed Ed Dudson as Managing Director of its UK business and as a board member contributing to overall business direction. With more than twenty five years of experience in the design and construction of high performance vessels including fast ferries…
On a trade mission to India, the Montreal Port Authority (MPA) has signed a Cooperative Agreement with Mundra Port, Gujarat State, north of Mumbai. This agreement aims to develop cooperation in marketing and business development while sharing…
Norwegian shipowner Ocean Yield announced that 100% owned subsidiaries of the Company has agreed to acquire two 2018 built handysize dry bulk vessels with 12-year bareboat charters to companies owned and guaranteed by Louis Dreyfus Armateurs Group (LDA)…
Transocean announced that an agreement has been reached with the incumbent customer to amend the drilling contract on the harsh environment semisubmersible Transocean Leader. The rig experienced equipment breakdown that could not be repaired timely…
As of 31 December 2017, Philly Shipyard had an order backlog of USD 187.7 million. The contract with Matson (Hulls 029-030) provides for shipbuilding activity with delivery dates through Q1 2019. On 20 November 2017, Philly Shipyard delivered Hull 028…
Denmark-based shipping company Hafnia Tankers has successfully completed a sale and leaseback in the Japanese market through the sale and leaseback of its 2010 built LR1 tanker, MT Hafnia Australia. The Vessel has been sold to a Japanese…
Northern Offshore announces it has sold its semisubmersible Energy Driller to an unnamed party for conversion to alternative use. The unit had previously been cold stacked at a shipyard in Bahrain following completion of a term drilling contract in India…
Marine Jet Power (MJP) welcomed Nils Morén as International Sales Manager responsible for sales in Israel, India, Taiwan and South Korea. In this role Nils will be responsible for business development and customer relations, reporting to MJP CEO…
For nearly 20 years, leaders of the tug and barge industry in the region have converged on SUNY Maritime College in the spring to discuss current issues and initiatives facing the industry. This year will be no different; the 18th annual Towing…
A consortium of infrastructure funds at Goldman Sachs and Macquarie is seen as the front runner in the sale of European bulk port terminal operator HES International, worth around 2 billion euros ($2.5 billion), industry sources said. Morgan Stanley is mandated to sell the asset…
