Cochin Shipyard launches advanced PSVs
AUGUST 6, 2012 — Government of India owned Cochin Shipyard Limited last week launched two platform supply vessels that it is building for a European client. Bearing the shipyard Hull Nos. BY
JV plans European LNG marine fuel infrastructure
AUGUST 6, 2012 — Linde Group, which has a contract to deliver LNG fuel for the natural gas fueled ferry newbuild Viking Grace (pictured at left), is setting up a 50/50 joint
Russia to build $1.5 billion nuclear icebreaker
AUGUST 6, 2012 — Russia’s Baltic Shipyard in Saint Petersburg is to build a 36.96 billion ruble ($1.15 billion) nuclear-powered icebreaker for Atomflot company, the shipbuilder said today, reports the RIA Novosti
Bollinger sea trials new generation Crowley tug
AUGUST 6, 2012 — Bollinger Shipyards has released video showing sea trials of the first of four Ocean class tugs under construction for Crowley. The Ocean class towing vessel is a new
TOTE receives ECA waiver to pursue LNG conversion
AUGUST 5, 2012—In a ground-breaking move, Totem Ocean Trailer Express (TOTE), Tacoma, WA, plans to convert its two ORCA Class Roll-On/Roll-Off ships to burn Liquefied Natural Gas, after receiving a permit from
USCG completes Arctic oil spill recovery exercise
AUGUST 3, 2012 —U.S. Coast Guard and Department of Defense crews yesterday completed a three-day oil spill recovery equipment exercise off the coast of Barrow, Alaska, by deploying a DESMI Polar Bear
Oceanteam refinances two offshore construction vessels
AUGUST 3, 2012 — Norway’s Oceanteam Shipping ASA (OTS) has concluded a $147 million refinancing of two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN,
Moody’s lowers OSG ratings
AUGUST 3, 2012 — In another indicator of tough times in the tanker sector, Moody’s Investors Service yesterday lowered its ratings of Overseas Shipholding Group, Inc, (“OSG”); Corporate Family and Probability of
Maersk Line, Limited acquires 3PSC
AUGUST 3, 2012 — Maersk Line, Limited (MLL) has acquired Cape Canaveral, Fla., based 3PSC, a privately-held ship operator which specializes in the management and operation of Military Sealift Command (MSC) oceanographic
Great Lakes Dredge splashes out at U.S. shipyards
AUGUST 3, 2012 — Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) has signed a contract with shipbuilder Signal International, Inc. for the construction of a 15,000-cubic-yard-capacity trailing suction hopper barge and