GasLog buys three BG Group LNG tankers
JANUARY 16, 2014 — Monaco headquartered GasLog Ltd. (NYSE:GLOG) has reached an agreement with Methane Services Ltd. (“MSL”), an affiliate of BG Group, to purchase three LNG carriers from MSL’s fleet and
Damen Shipyards Sharjah holds opening ceremony
JANUARY 16, 2014 — Damen Shipyards Sharjah FZE – the newest shipyard of Albwardy Marine Engineering held its official opening Monday, January 12. The yard is a joint venture between the Damen
Kirby orders ATB
JANUARY 16, 2014 —Houston-headquartered Kirby Corporation (NYSE:KEX) has signed an agreement to construct an articulated 185,000 barrel tank barge and 10,000 horsepower tugboat unit at a cost of $75 million to $80
Piracy levels at six-year low
JANUARY 15, 2014 — Piracy at sea has reached its lowest levels in six years, with a 40% drop since Somali piracy peaked in 2011, according to the International Chamber of Commerce
Vard wins DSCV order
JANUARY 15, 2014—Vard Holdings Limited reports that it has secured a contract with an international customer for the design and construction of a diving support and construction vessel (DSCV). The DSCV is
Singapore yanks two bunker supplier licenses
JANUARY 15, 2014 — The Maritime and Port Authority of Singapore (MPA) has cancelled the bunker supplier licenses of Excel Petroleum Enterprise Pte Ltd and Lian Hoe Leong & Brothers Pte Ltd
EB gets $15 million more for sub base work
JANUARY 15, 2014 — General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $15,000,000 cost-plus-fixed-fee modification to previously awarded contract (N00024-13-C-4308) to provide non-nuclear submarine repair work on Groton-based submarines
NAO takes delivery of all six Blue Ship PSVs
JANUARY 15, 2014 — Nordic American Tankers (NAT) says that Nordic American Offshore (NAO) yesterday took delivery of the last of six recently built platform supply vessels (PSVs) from the Ulstein Group
Yara acquires SCR system producer
JANUARY 15, 2014 — Oslo headquartered Yara International ASA (OSE: YAR) has acquired Germany’s H+H Umwelt-und-Industrietechnik GmbH, a leading producer of Selective Catalytic Reduction (SCR) systems for secondary NOx reduction in marine
U.S. Coast Guard warns mariners about marijuana use
JANUARY 14, 2014—Mariners thinking that a little recreational use of marijuana is just fine, could see their credentials go up in smoke. With states such as Washington and Colorado legalizing the recreational