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Transpetro to rebid eight product tanker contracts

Petrobras transportation subsidiary Transpetro is to rebid eight 30,000 dwt product tankers. A new solicitation will go out by the end of this month after Transpetro could not conclude contracts awarded to

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Somali pirates seize bulker

EU Navfor reports that at midday on December 20, the MV ORNA was pirated in the Indian Ocean, approximately 400 nautical miles northeast of the Seychelles. The attack was launched from two

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P&I clubs warn of risks posed by Venezuela narco law

The International Group of P&I Clubs says it is concerned by the “indiscriminate and disproportionate application of criminal law in Venezuela in cases where vessels have been targeted by drug smugglers for

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Drydocks World books FPSO conversion order

Drydocks World Dubai has been awarded a $13 million FPSO (floating production storage and offloading) conversion contract by BW Offshore. The vessel involved, the BW Carmen, which has been renamed BW Athena,

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ST Marine books upgrade and repair orders

Singapore’s ST Marine (Singapore Technologies Marine Ltd.) has secured its first contract from the Royal Australian Navy (RAN). It is to to double-hull the 157.2 m long combat logistics vesse HMAS Success,

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Ulstein to build two PSV’s on spec

Norway’s Ulstein Verft has been contracted to build two Ulstein PX121 medium size platform supply vessels for a newly established company within the Ulstein Group. They will be delivered in first and

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Bankruptcy court agrees sale of more Trico vessels

Trico Marine Services, Inc. (Pink Sheets: TRMAQ), which filed for Chapter 11 bankruptcy on August 25, today announced that it has “reached an agreement with the company’s major constituents concerning the process