Dockwise Ltd. confirms it has received an unsolicited intended offer from Royal Boskalis Westminster N.V. ('Boskalis') for the acquisition of all outstanding shares of Dockwise at an offer price of EUR 17.20 per share cum dividend. The…
ClassNK (Chairman and President: Noboru Ueda) has announced that it will be bringing its highly regarded PrimeManagement series of seminars to Turkey and Greece for the first time on November 28 and 29th respectively. The seminars, which are offered free of charge…
Knightsbridge Tankers Limited sells its VLCC 'Kengsington' to an unrelated 3rd party for delivery this month.The Company expects to record a gain of approximately $0.1 million in the fourth quarter having recorded an impairment loss of $13…
Armel Le Cléac’h still leads the race while Vincent Riou aboard 'PRB' becomes the 7th boat to retire in 15 days of racing.Vincent Riou, onboard his boat PRB, has retired from the race. Two days ago he collided with a large floating metal buoy and damaged his hull…
The Philippines is ideally positioned in the Asia-Pacific region to repair ocean-going & fishing vessels according to a Japanese study.The report was contained in a study on the ship building and ship repair industry of the Philippines conducted…
The addition of Dockwise's activities to the Boskalis group will provide an extensive package of services for clients in the oil and gas sector.Boskalis has invited the Dockwise Board of Directors to discuss the intended offered acqusition…
46 vessels have transited through Northern Sea Route as this year's navigation season comes to an end.Never before have so many vessels used the Northern Sea Route for cargo transport between Europe and Asia. and never before has so much cargo been transported along the route…
The UK Club's Loss Prevention team takes a close look at tug and barge operations worldwide from the P&I perspective.The latest Loss Prevention publication from the UK P&I Club is entitled 'Tug and Barge Matters', running to 18 pages and heavily illustrated…
Partners and customers to benefit from extensive multi-technology service portfolio by provider of global satellite-based mobility services.Astrium Services will showcase their latest innovations in maritime communications at the upcoming Seatrade Middle East 2012 from 27 to 29 Nov in Dubai…
China's demand for oil in October 2012 was meaningfully weaker that it was the previous month.The detailed Chinese oil data for October were reported yesterday. Calculated demand adjusted for inventory changes came in at 9.5 million b/d…
Maritime authorities in Quang Ngai ban a Panamanian-flagged ship from leaving after it spilled nearly 1,000 liters of oil at a local port.The Panama-flagged Chinese-owned Race Express belonging to Nova Shipping & Logistics Pte Ltd can only…
GAC UK & GAC Seaforth overcome challenges to deliver cargo to LakeTanganyika, Burundi, for Surestream Petroleum oil exploration.Independent oil exploration company Surestream Petroleum Ltd, headquartered in Reading, UK, contacted energy…
ITF inspectors visit ships to ask captains and companies to raise concerns about the way Walmart treats its US staff. The ITF is urging shipping firms carrying cargo owned by US retail giant Walmart to raise concerns over its treatment of…
Arnout Damen, COO of Damen Shipyards Group, officially opens a new office in Norwegian Stavanger. When asked why Dutch headquartered Damen Shipyards sets up an advanced base in Stavanger, its new Sales Manager said: “It is the European Oil…
Class Society, ABS donates US$ 3-million to Stevens Institute of Technology to create a newlaboratory complex in the Davidson Laboratory. The donation will be used to create a new civil, mechanical and naval engineering laboratory complex…
