Prosafe signs LOI for two semi-subs

NOVEMBER 7, 2013 — Oslo-listed Prosafe has agreed a Letter of Intent (LOI) with China’s COSCO (Qidong) Offshore Co. Ltd. for the Engineering, Procurement and Construction of two semi-submersible accommodation vessels, with

Matson orders two Jones Act containerships at Aker Philly

NOVEMBER 6, 2013 — Matson, Inc. (NYSE: MATX) reported today that its subsidiary, Matson Navigation Company, Inc., has signed a contract with Aker Philadelphia Shipyard Inc. (APSI) to build two new 3,600

New VT Halter Marine dry dock is open for business

NOVEMBER 6, 2013 — VT Halter Marine Inc. reports that its newest facility, a 12,000 MT floating dry dock, is now open for business and already has its first customers. “VT Halter

Niterói problems weaken Vard results

NOVEMBER6, 2013 — Offshore and specialist vessel designer and shipbuilder Vard Holdings Limited, which is 55.63% owned by Ficantieri, has reported its results for the third quarter of FY 2013 ended September

EC opens probe into French tonnage tax

NOVEMBER 6, 2013 — The European Commission has opened an in-depth investigation to examine whether changes to the French tax rules for maritime companies are in line with EU state aid rules.

EC opens probe into French tonnage tax

NOVEMBER 6, 2013 — The European Commission has opened an in-depth investigation to examine whether changes to the French tax rules for maritime companies are in line with EU state aid rules.

Viking unveils new life saving system for large cruise ships

NOVEMBER 6, 2013 — With cruise ships entering service with ever larger capacities, Esbjerg, Denmark, based Viking Life-Saving Equipment has responded with a new solution: the Viking LifeCraft system. In 2009, inspired

DNV GL to class Promar-built pipe layers

NOVEMBER 6, 2013 — DNV GL says it is to class the two pipe laying vessels (PLSVs) that are to be built at the new Vard Promar shipyard in Recife, in the

Beach renourishment feeds GLDD revenues

NOVEMBER 6, 2013 — Reporting reports financial results for the three and nine months ended September 30, 2013, Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) CEO Jonathan Berger said, “For the three

London P&I Club warns against complacency on the bridge

NOVEMBER 5, 2013 —The London P&I Club says that a recent analysis of collision cases has highlighted the effect that complacency on the bridge of the vessel can have on the incidence

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