Frontline spat with DHT moves to the Marshall Islands

APRIL 27, 2016 — John Fredriksen’s Frontline Ltd.(NYSE/OSE: FRO) is continuing its effort to acquire DHT Holdings, Inc. (NYSE: DHT). Should it succeed the resulting merged company would become the world’s second

Hyundai Heavy reports fifth profitable quarter in a row

APRIL 27, 2016 — Hyundai Heavy Industries (HHI) today reported its results for the first quarter, ended March 31, 2017 Net profit was recorded at 462.3 billion ($409.6 million) making the period

Becker reports continued Asian market successes

APRIL 27, 2016 — Hamburg, Germany, headquartered Becker Marine Systems says that, despite the on-going crisis in the shipbuilding industry, it is continuing its successful entry into Asian markets. It is opening

Saab contracts Polish yard to build ship platform for SIGINT vessel

APRIL 26, 2017 — Saab has selected the Nauta Shiprepair Yard Gdynia, Poland, to build the ship platform for a special purpose Signal Intelligence (SIGINT) vessel for the Swedish Navy that it

Maersk partners with Microsoft for digital transformation

APRIL 26, 2017 — Maersk has joined forces with Microsoft Corp. in what’s described as “a strategic move to revolutionize supply-chain management and global trade.” Under the agreement Microsoft has been selected

MAN Diesel & Turbo unveils compact SCR for two strokes

APRIL 26, 2017 — MAN Diesel & Turbo has developed a new compact high-pressure Selective Catalytic Reduction system – MAN SCR-HP – for two-stroke engines. Based on a proven, four-stroke counterpart, the

Blank check company swoops on five Wehr Capes

APRIL 26, 2017 — Hunter Maritime Acquisition Corp. (Nasdaq: HUNT), a blank check company formed last year by Belgium’s Saverys family , has entered into definitive agreements pursuant to purchase, for an

Frontline to DHT: Spit out the poison pills and listen

APRIL 26, 2017 — John Fredriksen controlled Frontline Ltd. (NYSE/OSE: FRO) reports that it has now made another offer for DHT Holdings, Inc. (NYSE: DHT) and DHT has reported that it has

Injured crew members airlifted from Tamar

APRIL 26, 2017 — The Coast Guard reports that two surviving crew members of the bulk-carrier Tamar explosion (see earlier story) were medevaced at approximately 4:30 a.m., by a Portuguese aircrew along

Hyundai Heavy sees order intake surge

APRIL 26, 2017 — South Korea’s Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding group, reports that it booked orders for 39 ships worth $2.3 billion in the January – April

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