Navios Acquisition buys five MR2 product tankers

APRIL 3, 2013 — Piraeus-headquartered tanker operator Navios Maritime Acquisition Corporation (NYSE: NNA) has agreed to acquire five MR2 product tankers for an aggregate purchase price of approximately $143.8 million. Angeliki Frangou,

Europe’s North Range ports set for meager box growth

APRIL 3, 2013 — After having reached levels of slightly less than 40 million TEU annually in 2008, 2011 and 2012, box-handling in the North Sea ports of Antwerp, Rotterdam, Bremen and

Tanker freed following bridge allision

APRIL 3, 2013 — The Coast Guard reports that the 473-ft tanker Harbour Feature was successfully freed at approximately 6 p.m., Monday after its allision with the Sarah Long Bridge, on the

IACS unveils new draft of harmonized CSR

APRIL 2, 2013 — The question of to what structural standards ships should be built may seem pretty arcane, but having effective structural rules is fundamental to having a market in which

Kleven to build Expedition Support Vessel for mystery owner

APRIL 2, 2013 — A project that started with an anonymous request to Norwegian ship designer Marin Teknikk has resulted in shipbuilder Kleven winning a contract from the still undisclosed owner to

USDOT says Bravante launch shows value of Title XI

APRIL 2, 2013 — With President Obama out beating the drum for more investment in infrastructure and job creation, the U.S. Department of Transportation is pointing to a series of export OSVs

AdvanFort adds to business development team

APRIL 2, 2013 — Washington, D.C., headquartered maritime security provider AdvanFort Company has appointed Dimitrios Angelopoulos, a retired Hellenic Navy submarine commander, as its new business development manager. “Bringing Dimitrios Angelopoulos onboard

New HiMSEN H46/60V engine wins type approval

APRIL 2, 2013 — Hyundai Heavy Industries Co., Ltd. (HHI) has won type approval for the new 35,300 bhp HiMSEN H46/60V engine from nine classification societies including ABS, BV, CCS, DNV, GL,

Bourbon orders PC Maritime ECDIS for IMR newbuilds

APRIL 2, 2013 — Paris-headquartered offshore services giant Bourbon has ordered Navmaster ECDIS from Plymouth, U.K., based PC Maritime for its latest generation IMR (Inspection, Maintenance & Repair) vessels being built in

Otto Marine in ROV support vessel sale and charter deal

APRIL 2, 2013 — RY Offshore Limited — which is 29 percent owned by Otto Marine Chairman and Group CEO Yaw Chee Siew — is buying the Multi-purpose Field Support and ROV

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