JonRie commissions new Double Drum Escort Winch

MAY 9, 2017 — JonRie Intertech, Manahawkin, NJ, has commissioned its new Container Master Series “220” Double Drum Escort Winch. Now installed on the new Marine Towing of Tampa ASD tug Independent,

VIDEO: P&O Ferries four return from Remontowa refits

MAY 9, 2017 — Four P&O ferries are now back at work after completing major refits at Remontowa Shipyard in Gdansk, with GAC Poland as their agent, reports GAC Hot Port News.

Euronav orders two at HHI, backed by seven-year charters

MAY 9, 2017 — Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN & Euronext: EURN) has signed two seven-year time charter contracts with Valero Energy Inc. for Suezmax vessels with specialised Ice Class

Sarah Kenny to be next BMT Group Chief Executive

MAY 9, 2017 — Sarah Kenny is to succeed Peter French, who is retiring in September, as Chief Executive of BMT Group. She joins BMT from QinetiQ, where she is currently Managing

UAE bulk port orders Damen ASD 2913 tug

MAY 8, 2017 — Major Middle East bulk-handling port Saqr Port, UAE, has signed a contract with the Damen Shipyards Group for the delivery of an ASD 2913 tug. The vessel will

VIDEO: OSU picks Gulf Island to build research vessels

MAY 8, 2017 — Gulf Island Fabrication, Inc. (NASDAQ: GIFI) reports that, through its subsidiary Gulf Island Shipyards, LLC, it has received a contingent notice of intent to award from Oregon State

FMC clarifies why it rejected Tripartite Agreement

MAY 8, 2017 — The Federal Maritime Commission (FMC) has issued an update on its May 2, 2017 announcement that had voted to reject “on jurisdictional grounds the ‘Tripartite Agreement’ (FMC Agreement

MAN Diesel and Turbo steps up cooperation with Mitsui

MAY 8, 2017 — MAN Diesel & Turbo reports that it has entered a comprehensive cooperation agreement with Japan’s Mitsui Engineering & Shipbuilding Co., Ltd. that will intensify their existing, joint business

OSV fleet’s DCF value is 2.5 times its market value

MAY 8, 2017 — The global OSV fleet’s Discounted Cash Flow (DCF) value is currently $79.9 billion, or 2.5 times higher than its current market value of $30.9 billion, according to VesselsValue

Wartsila invests in turbocharger service capabilities

MAY 8, 2017 — Keeping turbochargers in prime condition and up to date is essential for the overall performance of an engine, says Wärtsilä, which is investing in expanding the range and

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