Evac to have new private equity owner

SEPTEMBER 28, 2017 — Private equity group Bridgepoint is to acquire Espoo, Finland, based Evac Group, for an undisclosed sum, from a fund managed by another private equity firm, IK Investment Partners,

New ABB solution cuts through ship maintenance “jungle”

SEPTEMBER 28, 2017 — ABB has added Fleet Intelligence to its ABB Ability Collaborative Operations software. It provides marine customers with a single and complete overview of ship system maintenance needs rather

Conrad wins nine barge order from Great Lakes Dredge & Dock

SEPTEMBER 28, 2017 — Morgan City, LA, headquartered Conrad Shipyardhas been awarded a contract to build four anchor barges, two deck barges, and three crane barges for Great Lakes Dredge & Dock

Trump authorizes 10-day Jones Act waiver for Puerto Rico

SEPTEMBER 28, 2017 — At the request of Puerto Rico Governor Ricardo Rossello, President Trump has authorized a Jones Act waiver for Puerto Rico. The news was announced in this tweet from

Fincantieri to get control of STX France, but with strings attached

SEPTEMBER 28, 2017 — France’s Minister of the Economy, Bruno Le Maire, is headed to the STX France shipyard in Saint-Nazaire today to meet with unions to explain the details of an

Höegh Autoliners cops plea, will pay $21 million criminal fine

SEPTEMBER 26, 2017 — Norway’s Höegh Autoliners AS has agreed to plead guilty and pay a $21 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers, and

Houston Ship Channel in “desperate” need of dredging

SEPTEMBER 26, 2017 — The Houston Ship Channel has been hit hard by Hurricane Harvey. “The floodwater coming through our system deposited tons and tons of silt into the Houston Ship Channel

McCain calls for Jones Act waiver for Puerto Rico

SEPTEMBER 26, 2017 — Problems with shoreside distribution rather than any shortage of Jones Act vessels are proving to be the major obstacle to getting relief cargoes to Puerto Rico where they

Inmarsat offers new Fleet One Pacific Northwest fisheries plan

SEPTEMBER 26, 2017 — Inmarsat Maritime has launched a new fishing pricing plan for the Pacific Northwest that will make it easier and more economical for regional Fleet One users to get

MV Werften orders Pemamek automated production systems

SEPTEMBER 26, 2017 — Genting Hongkong’s German shipbuilding subsidiary, MV Werften, has signed a major contract with Loimaa, Finland, headquartered Pemamek for the supply of extensive automated manufacturing solutions for its Rostock

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