NAT-sponsored NAO may take a seventh
NOVEMBER 4, 2013 — Nordic American Tankers (NYSE:NAT) says that Nordic American Offshore is adding a newbuilding option to the six PSX121 platform supply vessels that it intends to buy from Ulstein
Laborde gets $22.5 million GE Capital financing
NOVEMBER 1, 2013 — GE Capital, Corporate Finance today announced it provided $22.5 million in equipment financing to Laborde Marine. The funds refinance existing debt used to purchase five new crew boats.
Europa 2 is first cruise ship to gain EEDI certification
NOVEMBER 1, 2013 — Hapag-Lloyd cruises Europa 2, delivered earlier this year by STX France, is the first cruise ship to gain EEDI (Energy Efficiency Design Index) certification. “The Europa 2’s independent
Shell plate buckling eyed in box ship break up
NOVEMBER 1, 2013 — The ClassNK Casualty Investigation Team looking for the causes of the mid-June incident that saw the containership MOL Comfort break in two has released preliminary findings and safety
P-trap antipiracy system on show at Europort
NOVEMBER 1, 2013 — Dutch marine safety specialist Westmark will promote its P-trap piracy anti-boarding system at this year’s Europort event in Rotterdam. The P-Trap is a passive non-lethal self-protection measure and
Ulstein sells Blue PSVs to NAT sponsored start-up
NOVEMBER 1, 2013 — A company being established by Nordic American Tankers (NYSE:NAT) is to buy all six of the Blue Ship PX121 platform supply vessels that the Ulstein Group built for
Harley Marine takes delivery of Alaska deck barge
OCTOBER 31 — Seattle based Harley Marine Services has taken delivery of the 250 ft x 70 ft x 15 ft 8 in deck barge Iliuliuk Bay from Vigor Fab. The vessel
Brits blast out Britney to scare pirates
OCTOBER 31, 2013 — British merchant vessels are using LRADs (Long Range Acoustic Devices) to blast out Britney Spears hits to deter pirate attacks. The news, which has been widely reported in
Vessel operating costs predicted to rise
OCTOBER 31, 2013 — Vessel operating costs are expected to rise by more than three percent in both 2013 and 2014 according to a new survey by international accountant and shipping consultant
New UK Club Chairman has little good news
OCTOBER 31, 2013 — He may look happy in the official portrait, but Alan Olivier, CEO of Grindrod Ltd., had little good news to bring in his first public pronouncement as the