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March 24, 2017

Key players sign off on OSV sector mega merger

MARCH 24, 2017 — The major players have now signed off on the statutory next step in the plans that will see Solstad Offshore ASA, Farstad Shipping ASA and Deep Sea Supply Plc merged into a consolidated Solstad Farstad group, headquartered in...
March 24, 2017

Nigeria LNG takes delivery of two 20 m cat ferries

MARCH 23, 2017 — Singapore's SAM Aluminium shipyard has delivered Confidence 1 and Confidence 2, the first two of four 20 m Incat Crowther design catamaran passenger ferries. Designed to support Nigeria LNG Limited (NLNG) with operations to...
March 23, 2017

VIDEO: How to paint a monumental mural on a bulker

MARCH 23, 2017 — The accommodations block of the Trillium Class bulker CSL St-Laurent now boasts a gigantic original work of art on its forward facade. The mural celebrates the 150th anniversary of Canada and the the 375th of the City of...
March 23, 2017

Dutch short sea specialist orders six ships in India

MARCH 23, 2017 — Delfzijl, Netherlands, based shipping company Wijnne Barends reports that it recently placed an order with Goa, India, shipbuilder Chowgule & Company for the construction of six identical, energy-efficient vessels. The...
March 23, 2017

Tradewinds Towing repowering two tugs with Mitsubishi

MARCH 23, 2017—Two 1980-built, U.S.-flag tugs recently acquired by New Orleans-based Tradewinds Towing are undergoing repowers and life extensions at A&B Industries’ shipyard in Amelia, LA. The two 78 ft x 26 ft sister tugs, Rebekah (ex...
March 23, 2017

VIDEO: Salvors raise Sewol ferry

MARCH 23, 2017 — Salvors have succeeded in raising the sunken South Korean ferry Seawol above the water surface. The ferry sank almost three years ago, killing more than 300 people, mostly high school students, and leaving nine still...
March 23, 2017

U.S. Shipping Corp appoints Bergeron CEO

MARCH 23, 2017- Edison, NJ, headquartered Jones Act shipping operator U.S. Shipping Corp has appointed Albert Bergeron, the company's Chief Financial Officer, as Chief Executive Officer. Mr. Bergeron will replace Michael Ryan, who has resigned...
March 23, 2017

MacGregor and R-R to collaborate on autonomous box ships

MARCH 23, 2017 — MacGregor and Rolls-Royce are to collaborate on R&D exploring the impact of developments in autonomy for cargo ship navigation and cargo systems onboard containerships. "Rolls-Royce is pioneering remotely controlled and...
March 23, 2017

DSME gets $6 billion bail out

MARCH 23, 2017 — Korea's battered Daewoo Shipbuilding & Marine Engineering (DSME) is to receive a new bailout package worth 6.7 trillion Korean won, or nearly 6 billion U.S. dollars. Arirang News reports that the shipbuilder's largest...
March 23, 2017

DHT Holdings to acquire BW Group VLCC fleet

MARCH 23, 2017 — DHT Holdings, Inc. (NYSE:DHT) is to acquire BW Group's VLCC in a deal that will see BW Group own approximately 33.5% of DHT's outstanding share capital and get two seats onDHT's board. The BW Group VLCC fleet consists of 11...

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