Vard gets LOI for LNG-fueled PSV

APRIL 23, 2013 — Vard reports that it has entered into a Letter of Intent with Stavanger, Norway, based Simon Møkster Shipping for the design and construction of a platform supply vessel

Band-Aids for ships?

APRIL 23, 2013 — Moms keep Band-Aids in the house and the Norwegian Coastal Administration (NCA) keeps salvage patches aboard Emergency Towing Vessels (ETVs). The NCA has recently renewed its service agreement

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Navios to acquire 10 ships from HSH Nordbank debtors

APRIL 22, 2013 — Angeliki Frangou led Navios Maritime Holdings Inc. (NYSE: NM) and Navios Maritime Acquisition Corporation (NYSE: NNA) have executed a binding letter of intent to acquire ten vessels, composed

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Raytheon Anschütz books OSV bridge orders

APRIL 22, 2013 — Kiel, Germany, based navigation system manufacturer Raytheon Anschütz reports a number of contract awards for the delivery of integrated bridge systems to newbuild vessels for offshore operations. Raytheon

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Leadership change at Tognum AG

APRIL 22, 2013 — MTU parent Tognum AG says that Executive Board Chairman and CEO Joachim Coers will, at his own request, hand over his position to his deputy Dr. Ulrich Dohle

Island Offshore wins major contract extension

APRIL 22, 2013 — Island Offshore, in which the Chouest and Ulstein families are partners, has been awarded a major contract extension by BP Exploration Operating Company Ltd. The two-year contract extension

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Keppel gets into ocean mining

APRIL 22, 2013 — Keppel Corporation Limited (Keppel Corporation) has today announced the formation of Ocean Mineral Singapore Pte. Ltd. (OMS), which intends to explore for polymetallic nodules several kilometers beneath the