• News

Pirates kidnap Chouest captain and chief engineer

OCTOBER 24, 2013 — Reuters is reporting that pirates have attacked an OSV off the Nigerian coast and kidnapped the captain and chief engineer, both U.S. citizens. Reuters cites U.K. based security

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ABS names Riva VP and Chief Surveyor

OCTOBER 24, 2013 — ABS Chairman and CEO Christopher J. Wiernicki has announced the appointment of Joseph “Joe” Riva to the position of ABS Vice President and Chief Surveyor. He will succeed

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Rolls-Royce equipment picked for Samsung semis

OCTOBER 24, 2013 — Two Moss CS60 harsh-environment semi-submersible drilling rigs to be built at Samsung Heavy Industries Geoje shipyard in Korea for Stena Drilling will have Rolls-Royce thrusters and deck equipment.

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Crowley raises $200 million

OCTOBER 24, 2013 — Crowley Maritime Corporation reports that it has successfully raised gross proceeds of $200 million through the sale of 200,000 shares of Series A Income Preferred Securities. Crowley Chairman,

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Eastern delivers another OSV for HOS deepwater fleet

OCTOBER 23, 2013—One of the largest shipbuilders of offshore service vessels in the world, Eastern Shipbuilding Group, Inc., Panama City, FL, continues to launch and deliver new tonnage for the deepwater Gulf

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Kleven books its largest order yet

OCTOBER 22, 2013 — Norwegian shipbuilder Kleven has won its largest contract yet. Worth NOK 1.4 billion ( about $236.7 million), it comes from Haugesund based shipowner Østensjø Rederi and covers the

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Eletson on Blackstone-backed LPG newbuild binge

OCTOBER 23, 2013 — Piraeus headquartered Eletson Holdings Inc. has partnered with private equity giant Blackstone to create a $700 million LPG shipping company, Eletson Gas. Eletson will contribute its existing fleet

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Groen orders two more chasers at Damen

OCTOBER 23, 2013 — Rederij Groen, Scheveningen, The Netherlands, has returned to Maaskant Shipyards Stellendam, part of Damen Shipyards Group, with an order for two more 35 m x 8.7 m seismic

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Super post-Panamax cranes go to work in Savannah

OCTOBER 23, 2013 — In a reminder that new generation containerships ships are going to demand new generation cargo handling equipment, four super post-Panamax ship-to-shore cranes that arrived at the Port of