Boutique shipping bank set to start operations in April

FEBRUARY 3, 2014 — A niche merchant bank providing mortgage based lending to the maritime and offshore industries plans to start operations in April. Maritime & Merchant AS (M&M) (TBR Maritime &

Fourth GPA 696 delivered to Bourbon

FEBRUARY 3, 2014 — Seattle-based naval architecture and marine engineering company Guido Perla & Associates, Inc. (GPA) has marked its beginning of 2014 with the successful delivery of the GPA 696 IMR

DHT signs LOI for three VLCCs from HHI

JANUARY 31, 20014 — DHT Holdings, Inc. (NYSE: DHT) says that it has entered into a letter of intent (LOI) with Korean shipbuilder Hyundai Heavy Industries Co., Ltd. for the construction of

AEP River Ops takes delivery of first tank barge

JANUARY 31, 20014 — “We are bringing the same commitment to safety and environmental performance to the transport of liquid products that we’ve offered for dry commodities for the last 41 years,”

Wallenius exercises options for giant car carrier duo

JANUARY 31, 2013 — The quest for fuel economy means that while cars may be getting smaller, but car carriers are getting larger. In line with this trend, Stockholm, Sweden, headquartered Wallenius

Peter Soles joins Glosten Associates

JANUARY 31, 20014 — Peter Soles has joined The Glosten Associates, Seattle, WA, as a marine consultant and will be supporting the firm’s ocean engineering and marine logistics projects. “Peter brings a

Nose job brings fuel savings

JANUARY 31, 20014 — Copenhagen, Denmark, headquartered Clipper Group says it is seeing fuel savings of 8.5% as a result of bulbous bow and rudder bulb modifications made on a 2011-built G-type

Promar orders two PSVs from Damen Shipyards

JANUARY 31, 20014 — Geneva, Switzerland, headquartered Promar Shipping Services SA has ordered two platform supply vessels from Damen Shipyards Group. The first of the two Damen PSV 3300 design vessels will

BAE Systems launches first Jackson Offshore PSV

JANUARY 30, 2014 — BAE Systems today launched the first of four platform supply vessels it is building for Jackson Offshore Operators, LLC. The launch ceremony at BAE Systems’ Heckscher Drive, Jacksonville,

Detyens wins $9.65 million Navy contract

JANUARY 30, 2014 — Detyens Shipyards, Inc., North Charleston, S.C. is being awarded a $9,654,055 firm-fixed-price contract for a 55-calendar day regular overhaul and drydocking of fleet replenishment oiler USNS Leroy Grumman

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