OCTOBER 2, 2013 — Funds managed by European private equity investor IK Investment Partners (IK) are to acquire DNV’s subsidiary DNV Petroleum Services (DNVPS). Financial details for the transaction were not disclosed.
OCTOBER 2, 2013 — To reduce fuel consumption during slow steaming, a 318,000 dwt Maersk Tankers VLCC has been retrofitted with Variable Turbine Inlet system (VTI) turbochargers. Cross-section view of VTI turbocharger
OCTOBER 2, 2013 — Oceaneering International, Inc. (NYSE:OII) says it has commissioned the construction of a subsea support vessel from BAE Systems. The vessel will be U.S. flagged and documented with a
OCTOBER 1, 2013 —The day after marking its 70th anniversary, the U.S. Merchant Marine Academy (USMMA), Kings Point, NY, is today officially “closed for normal operations,” according to a notice on its
OCTOBER 1, 2013 — JMS Naval Architects, Mystic, CT, has won a competitively awarded contract from the Virginia Institute of Marine Science to provide concept through contract-level design, shipyard bid support, and
OCTOBER 1, 2013 — Helsinki, Finland, based Foreship BlueTech Ltd. and Foreship Ltd. have jointly developed a new super-low resistance hull form for the Bluetech 42 bulk carrier. The hull has low
OCTOBER 1, 2013 — Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for construction of a wide-area seabed research vessel from the Japan Agency for Marine-Earth Science and Technology (JAMSTEC).
OCTOBER 1, 2013 — Singapore’s Keppel FELS shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from an affiliate of Clearwater Capital Partners to build a
OCTOBER 1, 2013 — Paul Hankins, Vice President for Salvage Operations at Donjon Marine Co., Inc., was elected President of the American Salvage Association (ASA) at its recent fall meeting in Arlington,
OCTOBER 1, 2013 — National Response Corporation (NRC) and Resolve Marine Group are expanding their 1Call response coverage for all vessels trading in U.S. waters. The service offers tanker and non-tank vessel