MARCH 28, 2017 — Deepwater drilling company Ocean Rig UDW Inc. (NASDAQ:ORIG) and various subsidiaries have entered into a restructuring support agreement with creditors and have presented winding up petitions in the
MARCH 28, 2017 — The U.S. Maritime Administration has issued an advisory warning that continued regional tensions in Yemen have increased the risks to U.S.-flagged commercial vessels transiting the Southern Red Sea.
MARCH 28, 2017 — Over twenty partners in Norway’s Blue Maritime Cluster joined senior Inmarsat management for a digital disruption workshop in Ålesund, Norway, on March 21, to explore Inmarsat’s future bandwidth
MARCH 28, 2017 — Kobe Steel, Ltd. plans to start marketing a new binary cycle power generation system for ships. It says the new system is the first in the world to
MARCH 27, 2017 – DryShips Inc. (NASDAQ: DRYS) said today that it has entered into agreements with unaffiliated third parties to acquire four modern Newcastlemax bulk carriers of approximately 206,000 dwt and
MARCH 27, 2017 — UKTMO (United Kingdom Maritime Trade Operations) said yesterday that a fishing dhow had been released by the Somali pirates that had reportedly taken it for use as a
MARCH 27, 2017 — Eagle Bulk Shipping Inc. (Nasdaq: EGLE) today announced that its proposed acquisition of three contingent vessels from Greenship Bulk has been approved by Greenship Bulk Trust. As originally
MARCH 27, 2017 — Kiel, Germany, headquartered Raytheon Anschütz reports that Vard Holding Limited,and its subsidiary Vard Electro AS, have selected Raytheon Anschütz’ Synapsis Integrated Navigation System or a new research vessel.
MARCH 27, 2017 — ABB is to supply the power and electric propulsion system for a new Floating Storage and Regasification Unit (FSRU) for BW Group. The vessel will also be remotely
MARCH 27, 2017 — Damen Shipyards Galati, Romania, has launched the Bibby WaveMaster 1, the first of Damen’s purpose-built offshore wind Service Operations Vessels (SOV) with Walk-to-Work (W2W) capability,. When completed, Bibby