APRIL 15, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $95.2 million senior secured credit facility to Heron Ventures, a joint venture between Oceanbulk Shipping and ABY
APRIL 15, 2014 — Fosnavåg, Norway, headquartered Havyard Group ASA is to construct a hybrid battery powered Arctic PSV for Iceland’s Fafnir Offshore. The Havyard 833 WE ICE platform supply vessel will
APRIL 15, 2014 — Spanish shipbuilder Zamakona Yards has won an international tender to build a 70 ton bollard pull Voith Schneider tug for the Port of Haifa, Israel. The tug is
APRIL 15, 2015 — The Netherlands-based Green Award Foundation has selected ClassNK Executive Vice President Tetsuya Kinoshita to serve on its Board of Experts from May 1 2014. The Green Award Foundation
APRIL 14, 2014 — Rolls-Royce has been awarded a £19m contract to deliver deck machinery for the four Ulstein SX157 design ocean going tugs that Japan’s Niigata Shipbuilding & Repair will build
APRIL 14, 2014 — Port2Port West Africa, the Nigerian subsidiary of Port2Port maritime security of the U.K., reports that two of its contractors were released on bail, April 9, on the order
APRIL 14, 2014 — Drydocks World, Dubai, has signed an agreement with Malta Oil & Gas Ltd. to build two new jack-up drilling rigs based on the Gusto MSC CJ54-X135-A design. The
APRIL 14, 2014 — The entry of private equity funding into the ship finance market is helping to sustain the continued growth of the Liberian Registry. “Owners are ordering ships again, and
APRIL 13, 2014 — Huntington Ingalls Industries (NYSE:HII) reports that it will conduct a study with pipeline giant Kinder Morgan Energy Partners, L.P. (NYSE:KMP) to explore redeveloping Huntington Ingalls Industries’ Avondale shipyard
APRIL 13, 2014 — Turkish shipbuilder Uzmar reports that the 20.4 m line multipurpose Robert Allan designed line-handling tug Koc Musaned 2 returned to its Izmit shipyard April 5 after the first
