Apparently tempted by a bargain deal, Sweden’s Viking Supply Ships AB has partnered with funds managed by Borealis Maritime to purchase two under-construction platform supply vessels. In addition to taking partial ownership
Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement GmbH (PTS), to manage two containerships. Each has a capacity of 1,300 TEU and sails with an average crew
Bernhard Schulte Offshore GmbH (BSO) and MidOcean Wind LLC (MOW) have entered into a joint venture to build and operate support vessels for the U.S. offshore wind industry as well as to
Last week Fincantieri Marine Systems North America (FMSNA) was awarded a $9.6 million contract to perform maintenance and repairs to the U.S. Coast Guard’s fleet of Inland Buoy Tenders. The multi-year contract
Austal (ASX:ASB) has been awarded an EUR 83.65 million (about US$92.6 million) contract for the design and construction of a new 115 meter high-speed catamaran ferry for Molslinjen of Denmark. The order
Kirby Corporation (NYSE: KEX) has reported net earnings for the third quarter ended September 30, 2019 of $48.0 million, or $0.80 per share, compared with earnings of $41.8 million, or $0.70 per
Ice Cap Holdings, the parent company of Ice Floe, LLC, dba Nichols Brothers Boat Builders (NBBB) has expanded its shipyard presence to include a service and repair facility in Everett, Wash. Established
Finland’s Viking Line says that its newbuild cruise ferry, the 63,000 gt M/S Viking Glory, will be one of the most climate-smart passenger ships in the world. It estimates that the ship,
Seattle, Wash., headquartered Elliott Bay Design Group (EBDG) reports that Vigor has selected it as the engineering firm that will provide functional design for the new Washington State Ferries (WSF) hybrid-electric Olympic
Busan, Korea, headquartered Gas Entec Co. Ltd. (Gas Entec) has won a contract from Sembcorp Marine under which it will provide the engineering, procurement and construction (EPC) of the cargo handling system