Is the battle for Euronav nearing an end?
The Saverys family and John Fredriksen look to be nearing a resolution to their long running battle for control of the world’s largest NYSE-listed oil tanker operator, Euronav NV (NYSE: EURN). Both
J.P. Morgan makes its first move into methanol-fueled newbuilds
The momentum towards methanol fueling continues to build. J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) reports that institutional investors advised by it have concluded an order for two 49,800 dwt methanol
Gulf Island resolves MPSV dispute with Hornbeck
Gulf Island Fabrication Inc. (NASDAQ: GIFI) said today that its subsidiary Gulf Island Shipyards LLC (GIS) has resolved its lawsuit with Hornbeck Offshore Services LLC relating to the construction of two multi-purpose
Dina Aryan-Zahlan takes new role at Port of Los Angeles
Veteran Port of Los Angeles engineer and infrastructure development expert Dina Aryan-Zahlan has been named the port’s deputy executive director of development, succeding Antonio Gioiello, who retired earlier this year. “Dina is
Rolls-Royce: Significantly extended time between overhauls helps reduce costs and emissions
SPONSORED CONTENT: Based on vessel mission and load profile, Rolls-Royce has significantly increased the time between overhauls (TBO). As a result, its mtu Series 4000 engines, which are used in tugboats, ferries,
U.K. warns of new Russian sea mine threat to merchant ships
The U.K. Foreign, Commonwealth & Development Office (FCDO) says that intelligence released October 4 suggests Russia may use sea mines to target civilian shipping in the Black Sea and that Russia would
DCA: U.S. dredging industry remains highly competitive
The U.S. dredging industry is highly competitive and saves the American taxpayer hundreds of millions of dollars every year, says trade association Dredging Contractors of America (DCA). An internal report, “An analysis
Electric Boat gets $967 million Virginia class contract mod
General Dynamics Electric Boat has been awarded a $967 million contract modification from the U.S. Navy for lead yard support and development and design efforts for Virginia class fast-attack submarines. The cost-plus-fixed
USCG rescues 12 from grounded cargo vessel
A Coast Guard boat crew rescued 12 people, Wednesday morning, after they were forced to abandon the grounded cargo vessel M/V Bonnie G which was taking on water and had run aground
BC Ferries fare increases capped at 3.2%
The British Columbia Ferry Commission today announced its final decision on the price cap for BC Ferries’ under its next four-year business plan, known as Performance Term 6. The commission will allow