MSRC and Donjon-SMIT form alliance
JANUARY 8, 2014 — Donjon-SMIT and the Marine Spill Response Corporation (MSRC) have entered a cooperative alliance. This alliance, while it can support both tank and non-tank vessel owners, will include the
Polar Star released from rescue mission
JANUARY 8, 2014 — The U.S. Coast Guard Cutter Polar Star was released by the Australian Maritime Safety Authority from search and rescue duties yesterday, following confirmation the Russian-flagged expedition ship Akademik
Front Street Shipyard starts patrol craft series
JANUARY 8, 2014 — Front Street Shipyard, Belfast, ME is beginning construction of a series of catamaran patrol craft for Trefoil Marine, Newport, RI. The first of the boats will launch in
USCG cutter and laker collide during ice escort
JANUARY 7, 2014 — It looks like rear-enders can happen on the Great Lakes as well as the highways. The U.S. Coast Guard Cutter Hollyhock arrived in St. Ignace, Mich., Sunday night
GE Capital arranges $285 million of credit for Harley
JANUARY 7, 2014 — GE Capital, Corporate Finance reports that it is serving as administrative agent on $285 million of senior secured revolving and term credit facilities to Harley Marine Services, Inc.
Canadian Shipowners seek legal review of VGP dates
JANUARY 7, 2014 — The Canadian Shipowners Association (CSA) has formally sought a legal review in the United States of the implementation dates found in the Environmental Protection Agency’s (EPA) Vessel General
Paragon takes delivery of one, gets financing for two
JANUARY 7, 2014 — Dry bulk owner Paragon Shipping Inc. (NASDAQ: PRGN) reports that it has taken delivery of M/V Proud Seas, a 37,227 dwt Handysize vessel, from Zhejiang Ouhua Shipbuilding Co.
Ares Shipyard to build eight ferries for Doha resort
JANUARY 7, 2014 — Ares Shipyard, Antalya, Turkey, is to build eight 18 m x 6.7 m ferries to shuttle guests between Doha, Qatar, and the Anantara Doha Island Resort & Spa,
Euronav to raise $1.085 billion
JANUARY 7, 2014 — Antwerp, Belgium, headquartered Euronav is to raise $1.085 billion to fund the $980 million acquisition of 15 VLCCs from Maersk Tankers that it announced Sunday. It will raise
Aker Philly cuts steel for first Crowley JV ship
JANUARY 6, 2014 — Aker Philadelphia Shipyard, Inc., the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), today began production activities today on the first product tanker that it is