Farstad takes $7.3 million loss on sale of PSV
MARCH 1, 2016 — For the third time this year, Norway’s Farstad Shipping ASA reports the sale of a platform supply vessel at a loss. This time around the vessel is the
MARCH 1, 2016 — For the third time this year, Norway’s Farstad Shipping ASA reports the sale of a platform supply vessel at a loss. This time around the vessel is the
MARCH 1, 2016 — The International Chamber of Shipping (ICS) has published a new edition of the ICS Bridge Procedures Guide, a guidance on best practice for safe navigation that is used
FEBRUARY 29, 2016 — Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding division has received a $185.2 million contract option from the U.S. Navy to assist with planning for the
FEBRUARY 29, 2016 — The U.S. Army has awarded nine shiprepairers a contract worth $147.7 million for repair and maintenance work on its East Coast vessels. GMD Shipyard Corp., Brooklyn, NY (W911S0-16-D-0009);
FEBRUARY 29, 2016 — Reporting a net loss of NOK 1.29 billion ($148 million) for FY2015, the heavily offshore focused Vard Holdings today announced a diversification strategy aimed at preserving its core
FEBRUARY 29, 2016 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) reports that its MET-MB series turbochargers have been officially approved for installation on the Wärtsilä X-DF, which is
FEBRUARY 29, 2016 — Maldon, U.K., based Braemar Engineering has introduced a tablet computer based system that it says can save on average 25-35% of the costs of carrying out annual dynamic
FEBRUARY 29, 2016 — With a severe storm predicted for its planned route, Royal Caribbean’s 4,180 passenger cruise ship Anthem of the Seas is headed back to its home port of Cape
FEBRUARY 26, 2016 — The Navy’s Auxiliary General Purpose Oceanographic Research Vessel (AGOR), R/V Sally Ride (AGOR 28), successfully completed builder’s trials, Feb. 21, off the coast of Anacortes,WA. The trials tested
FEBRUARY 26, 2016 — The Australian Antarctic Division expedition members have been safely transferred by barge from a grounded icebreaker to the Mawson antarctic research station. The ship’s crew remain on board