FEBRUARY 22, 2018 — Winterthur Gas & Diesel (WinGD) reports that it recently signed agreements with Wärtsilä Services and CSSC Marine Service Co. Ltd. (CMS) as Authorized Global Service Providers. With these
FEBRUARY 22, 2018 — Consolidation in the jack-up market continues. Tor Olav Troim’s Borr Drilling Limited is set to acquire Houston-headquartered Paragon Offshore. Borr has received commitments from holders of 67.9% of
FEBRUARY 21, 2018 — Baltimore, MD, headquartered Vane Brothers Company has taken delivery of the first of three new ATB tugs from Conrad Shipyard’s Orange, TX, shipyard. The first tug is the
FEBRUARY 21, 2018 — Korea’s Ilshin Shipping has taken delivery of the world’s largest LNG fueled bulk carrier from shipbuilder Hyundai Mipo Dockyard. Built to dual Lloyd’s Register and Korean Register class,
FEBRUARY 21, 2018 — The European Commission has imposed fines totaling EUR 395 million (about $487 million) on five car carrier companies involved in a cartel that ran from October 2006 to
FEBRUARY 21, 2018 — As global water temperatures increase, global “biofouling hotspots” in subtropical/tropical areas are intensifying, exposing newbuildings at some of the world’s major shipyards to greater risk of hard fouling
FEBRUARY 20, 2018 — Shell has signed time charter agreements for two of six LNG dual fueled Aframax tankers under construction for Russia’s SCF Group (Sovcomflot). The time charter agreements were signed
FEBRUARY 20, 2018 — The U.K. has agreed the sale of its current flagship, the helicopter carrier HMS Ocean, to Brazil. According to the U.K. Ministry of Defence, she has been sold
FEBRUARY 20, 2018 — The European Investment Bank (EIB) and Netherlands headquartered ING Bank have signed an agreement to support EUR 300 million (about $370 million) of green investments for the European
FEBRUARY 20, 2018 — Theodore, AL, headquartered shipbuilder Silver Ships, Inc. reports that it has hired Shawn Lobree, a recently retired U.S. Navy captain, as Federal Contracts Manager. Lobree has more than