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Farstad to book loss on sale of PSV

JANUARY 15, 2016 — Norway’s Farstad Shipping ASA  today announced the sale of the PSV Far Scandia and says it will take a booked loss of around NOK 8 million (about $900,000)

Tidewater Subsea charters Brandon Bordelon

JANUARY 15, 2016 — Lockport, LA, headquartered Bordelon Marine reports that Tidewater Subsea has chartered the Jones Act compliant MV Brandon Bordelon for sixty days plus options. Tidewater Subsea is mobilizing two

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BIMCO launches “SUPERMAN” contract

JANUARY 15, 2016 — BIMCO, the world’s largest international shipping association, has launched a new standard contract for ship managers to provide supervision services for shipbuilding and conversion projects. Code named SUPERMAN,

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GE LM6000PG marine module package completes tests

JANUARY 15, 2016 —The marine module package design for GE’s LM6000PG aeroderivative gas turbine has completed certification testing by Lloyd’s Register and RINA. GE says the LM6000PG module “effortlessly achieved 42 megawatts