Baku Shipyard books first major contract

APRIL 23, 2014 — Azerbaijan’s Baku Shipyard LLC has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design

Marcon brokers sale of ocean deck barge

APRIL 23, 2014 — Marcon International, Inc., Coupeville, WA, reports that Pacific Coast Maritime, Inc., Seattle, a subsidiary of Harley Marine Services, has concluded the sale of its 240′ ABS ocean deck

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Videotel reports passing of Chairman Len Holder

APRIL 23, 2014 — Videotel reports that its Chairman, Len Holder, died April 21 after a short illness. Mr. Holder dedicated his lifetime in the maritime industry to developing better training practices. After

MAN Diesel & Turbo ready for IMO Tier III

APRIL 22, 2014 — IMO’s MEPC  (Marine Environmental Protection Committee) has adopted amendments to the MARPOL convention that will require ships built from 2016 onwards to meet “Tier III” standards for NOx

Höegh LNG takes delivery of FSRU

APRIL 22, 2014 — Höegh LNG Ltd has taken delivery of the PGN FSRU Lampung, the first of four newbuild 170,000 cu.m. FSRUs ordered from shipbuilder Hyundai Heavy Industries Ltd. PGN FSRU

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Genco files for bankruptcy

APRIL 22, 2014 — Peter Georgiopoulos’s Genco Shipping & Trading Limited (NYSE: GNK), filed for bankruptcy yesterday. Mr. Georgiopopulos’s General Maritime Corp.filed for bankruptcy in November 2012. Its restructuring gave Oaktree Capital