Two Teekays create another spin off

JANUARY 21, 2014 — Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (Teekay) (NYSE:TK) today jointly announced the creation of Tanker Investments Ltd. (TIL). TIL, they say, “will seek to opportunistically acquire, operate

Seabourn firms up cruise ship order at Fincantieri

JANUARY 21, 2014 — Carnival Corporation’s Seabourn Cruises has followed up on a Letter of Intent inked last October and signed a formal contract with Italian shipbuilder Fincantieri for construction of a

Kleven books order for IMR vessel

JANUARY 21, 2014 — Norway’s Kleven shipyard has won an order from Stig Remøy’s Olympic Shipping AS covering the construction of an IMR  (Inspection, Maintenance and Repair) vessel of MT 6021 design.

Pirates nabbed after guards repel attack on Navios ship

JANUARY 21, 2014 — Though the suspected pirates have now been caught, the main lesson from the first Somali pirate attack of the year is that private armed security teams prevent hijackings.

Siem dual fuel PSVs to have Parat boilers

JANUARY 20, 2014 — The four 89 m, 5,500, dwt dual fuel PSVs ordered by Siem Offshore at Poland’s Remontowa Shipbuilding S.A. last month (see earlier story) will have  MEL Electrical ORO

Petrofac chooses Ulstein design for lay vessel

JANUARY 20, 2014 — The JSD 6000 deepwater derrick lay vessel ordered last week by Petrofac (see earlier story) is to be built to a customized Ulstein SOC 5000 developed by Ulstein

HHI cuts first steel for world’s largest box ships

JANUARY 20, 2014 — The world’s largest shipbuilder has started construction of what will be the world’s largest containerships. Hyundai Heavy Industries (HHI) today held a ceremony at its Ulsan, South Korea,

Austal USA launches JHSV 4

JANUARY 19, 2014 —  Austal USA, Mobile, AL, last week successfully launched the USNS Fall River (JHSV 4). The 103 m high speed catamaran was launched in a multi-step process that saw

Harley Marine Services buys BRAtt training tug

JANUARY 19, 2014 — Seattle, WA, headquartered Harley Marine Services has acquired the Azimuthing Stern Drive (ASD) training vessel, BRAtt, from Robert Allen Ltd. The 450 hp BRAtt, which measures just 25.6

Gulf Coast Shipyard Group leases additional space

JANUARY 18, 2014 — Gulfport, MS, headquartered Gulf Coast Shipyard Group has leased space at the Port of Gulfport, to complete the series of LNG fueled platform supply vessels that it is

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