John Fredriksen’s Frontline takes 20% stake in scrubber manufacturer

JUNE 28, 2018 — John Fredriksen’s tanker company, Frontline Ltd. (NYSE:FRO), has entered into memorandum of agreement (MOA) to take a 20% ownership stake in exhaust gas cleaning system manufacturer Feen Marine

Norsafe launches new fast rescue and patrol boat series

JUNE 28, 2018 — Arendal, Norway, headquartered lifeboat specialistNorsafe is to launch a new new fast rescue and patrol boat series at next week’s Seawork International event in Southampton, U.K. Norsafe has

ABS in JDP with LNG bunkering start-up with global ambitions

JUNE 28, 2018 — ABS has signed a Joint Development Program (JDP) to provide technical support to Probunkers, an Athens based start-up, as it embark on designing a fleet of specialist LNG

Dorian LPG to BW LPG: “What part of ‘no’ do you not understand?”

JUNE 27, 2018 — Stamford, CT, headquartered Dorian LPG Ltd. (NYSE: LPG) has completed three financing agreements yielding aggregate proceeds of $65.1 million — and has reacted to the latest merger approach

ABB inks MOU on development of fuel cells for larger ships

JUNE 27, 2018 — ABB has signed a Memorandum of Understanding (MoU) with Burnaby, BC, headquartered Ballard Power Systems covering development of a next-generation fuel cell power system for  larger ships. The

Fincantieri Bay to build 740 ft self-unloading barge for VanEnkevort

JUNE 27, 2018 — Fincantieri Bay Shipbuilding, Sturgeon Bay, WI, has inked a deal with VanEnkevort Tug & Barge, Inc. (VTB), Escanaba, MI, to construct a 37,512 dwt self-unloading barge for transportation of

Foss Maritime centralizes vessel ops with Helm software platform

JUNE 27, 2018 — Foss Maritime has kicked off a company-wide project to centralize fleet management and operations with the Helm Connect marine software platform developed by Victoria, BC, headquartered ClassNK subsidiary

Viking Supply sells three PSV’s, takes $12 million hit

JUNE 27, 2018 — Viking Supply Ships A/S, a wholly owned subsidiary of Viking Supply Ships AB, has today entered an agreement to sell three medium sized PSV’s, namely Freyja Viking (built

Kings Point alums launch USMMA 75th anniversary campaign

JUNE 27, 2018 — Alumni of the United States Merchant Marine Academy (USMMA), Kings Point, NY, have launched a campaign to mark the federal academy’s 75th year of service. “This isn’t just

Saudi Arabian OSV operator implements ABS NS software fleet wide

JUNE 26, 2018 —ABS and Saudi Arabia’s Rawabi Vallianz Offshore Services (RVOS) are finalizing implementation of the ABS Nautical Systems (NS) fleet management software across its fleet of 44 offshore support vessels

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