NOVEMBER 9, 2016 — Allianz Middle East Ship Management and Maritime Craft Services (MCS) have taken delivery of the MCS Allianz Venus, a Damen Fast Crew Supplier 2610. Demonstrating the cooperative relationship
NOVEMBER 4, 2016 — Kristian Siem, founder and Chairman of Siem Industries, is often referred to as “Norway’s Warren Buffet,” thanks to a successful strategy of making long term investments in undervalued
OCTOBER 25, 2016 — Shares in offshore services giant Tidewater Inc. (NYSE: TDW) plunged yesterday after the company reported after markets closed Friday that discussions with its principal lenders and noteholders had
OCTOBER 24, 2016—French engineering company GTT has received an order from Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for the NO96 cryogenic membrane containment systems to equip two new Liquefied Natural
OCTOBER 18, 2016 — Back in July 2015 Norwegian shipbuilder Havyard announced it had signed a NOK 700 million contract with an undisclosed “international shipping company” for a subsea vessel to be
OCTOBER 4, 2016 — Sembcorp Marine Ltd says that its Jurong Shipyard Pte Ltd subsidiary has agreed to continue its standstill agreement with John Fredriksen backed North Atlantic Drilling Ltd for the
OCTOBER 3, 2016 — China’s Wuchang Shipbuilding Industry Group recently delivered two new Wärtsilä designed Anchor Handling Tug Supply (AHTS) vessels to China Oilfield Services Ltd (COSL), the owner of China’s largest
SEPTEMBER 29, 2016 — Cargotec’s MacGregor unit has acquired 51% of the shares of privately owned company Flintstone Technology Ltd. Based in Dundalk, U.K. and with ten employees, Flintstone is a small
SEPTEMBER 28, 2016—Yesterday, General Dynamics NASSCO, San Diego, CA, delivered the 50,000 dwt Bay State, the fourth vessel in a series of five ECO Class product tankers under contract with American Petroleum
SEPTEMBER 26, 2016 — Houston heaquartered Zentech, Inc. says that the azimuth thrusters for its new Z-210 self-elevating mobile offshore unit will be supplied by Thrustmaster of Texas. The thrusters are driven