Chouest to build additional Brazilian base at Açu

APRIL 15, 2014 — Prumo, a privately held Brazilian company developing the Açu Port in the north of the State of Rio de Janeiro says it has signed an agreement that will

Red ink quarter for International Shipholding

APRIL 15, 2014 — International Shipholding Corporation (NYSE:ISH) expects to report a first quarter net loss, before preferred dividends, in the range of $3.3 million to $3.7 million. It says this is

Saab signs MOU to acquire Kockums

APRIL 15, 2014 — Sweden looks to be on its way to be regaining domestic control of its submarine building industry — fifteen years after selling its national submarine-maker Kockums to Germany’s

CIT helps finance bankruptcy sale buy of Deiulemar bulkers

APRIL 15, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $95.2 million senior secured credit facility to Heron Ventures, a joint venture between Oceanbulk Shipping and ABY

Havyard books order for hybrid battery Arctic PSV

APRIL 15, 2014 — Fosnavåg, Norway, headquartered Havyard Group ASA is to construct a hybrid battery powered Arctic PSV for Iceland’s Fafnir Offshore. The Havyard 833 WE ICE platform supply vessel will

Zamakona Yards to build Voith Schneider tug for Haifa

APRIL 15, 2014 — Spanish shipbuilder Zamakona Yards has won an international tender to build a 70 ton bollard pull Voith Schneider tug for the Port of Haifa, Israel. The tug is

ClassNK EVP joins Green Foundation Board of Experts

APRIL 15, 2015 — The Netherlands-based Green Award Foundation has selected ClassNK Executive Vice President Tetsuya Kinoshita to serve on its Board of Experts from May 1 2014. The Green Award Foundation

ALP tugs to have Rolls-Royce deck machinery

APRIL 14, 2014 — Rolls-Royce has been awarded a £19m contract to deliver deck machinery for the four Ulstein SX157 design ocean going tugs that Japan’s Niigata Shipbuilding & Repair will build

Port2Port contractors released on bail

APRIL 14, 2014 — Port2Port West Africa, the Nigerian subsidiary of Port2Port maritime security of the U.K., reports that two of its contractors were released on bail, April 9, on the order

Drydocks World to build two jack-ups for Malta

APRIL 14, 2014 — Drydocks World, Dubai,  has signed an agreement with Malta Oil & Gas Ltd. to build two new jack-up drilling rigs based on the Gusto MSC CJ54-X135-A design. The

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