Somali piracy cost 35 hostage lives last year

JUNE 22, 2012 — Last year, at least 3,863 seafarers were fired upon by Somali pirates armed with assault rifles and rocket propelled grenades according to an updated report on the impact

American P&I Club reports “steady progress”

JUNE 22, 2012 — At its annual meeting in New York yesterday, the American P&I Club reported “steady progress” during 2011, and into the first half of 2012 Entered tonnage grew last

W&O expands its Canada presence

JUNE 21, 2012 —W&O, a leading supplier of marine valves, pipe, fittings and related products, is positioning itself to support Canada’s national shipbuilding procurement strategy. In line with that strategy, Canadian shipyards

Concordia Maritime orders two 50,000 dwt chemical parcel tankers from Chinese shipyard

JUNE 21, 2012 — Hans Norén, President of Gothenburg, Sweden, based Concordia Maritime, says that “the timing as regards shipbuilding is right,” as the company reports the signing of a contract with

Bourbon gets EUR 420 million financing to fund newbuilding spree

JUNE 21, 2012 — Paris-headquartered offshore marine services giant Bourbon has secured EUR 420 million in new financing to support its growth and finance its investment program for new vessels. The financing

Polarcus takes delivery of seventh seismic vessel

JUNE 21, 2012 — Polarcus Limited (OSE: PLCS) reports that Polarcus Adira AS, a member of the Polarcus Group, took delivery June 21, 2012, of Polarcus Adira, the eighth 3D seismic vessel

Island Offshore takes delivery of LNG fueled PSV

JUNE 21, 2012 — Island Offshore, in which the Chouest and Ulstein families are partners, took delivery of the platform supply vessel MV Island Crusader from STX OSV’s Brevik, Norway, shipyard. The

Monica Svenner is new MD of Damen Shiprepair Götaverken

JULY 19, 2012 — Monica Svenner has been appointed as the new managing director of Damen Shiprepair Götaverken, Gothenburg, Sweden. Ms. Svenner has wide industrial experience and has been MD of several

Marine Log Magazine

Industry Resources

Farstad orders two more PSVs from STX Offshore

JUNE 19, 2012 — Farstad Shipping ASA  has reached an agreement with STX OSV AS to build two type PSV 07 platform supply vessels . The conntract value is approx. NOK 700

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