Houston-headquartered Kirby Corporation (NYSE:KEX) is to purchase the ship bunkering operations of Enterprise Marine Services LLC for approximately $53 million in cash. The asset purchase will consist of 21 inland and offshore
China’s Sinopacific Shipbuilding Group is busy on a series of offshore vessels for delivery to Paris-headquartered Bourbon under a $1billion framework agreement signed in June, 2010. Significantly, production includes the first Chinese-designed
Investment in wave and tidal energy is expected to steeply increase over the next five years, according to U.K. energy business analysts Douglas-Westwood. A recent report released by Douglas-Westwood projects that $1.2
A project part funded by the EU has developed software said to accurately predict the condition of a vessel’s structure, coating and components. This enables ship owners and operators to schedule maintenance
Hamburg-headquartered shipowner and ship manager E.R. Schiffahrt reports that it has cancelled orders placed with the Korean shipyard Sekwang for four anchor handling tug supply vessels “due to ongoing delays in completion
Singapore’s ST Marine (Singapore Technologies Marine Ltd.) has secured its first contract from the Royal Australian Navy (RAN). It is to to double-hull the 157.2 m long combat logistics vesse HMAS Success,
Great Lakes Shipyard, Cleveland, Ohio, has finished maintenance and repairs on Miller Boat Line’s ferry William Market for its U.S. Coast Guard 5-year inspection. This is the second Miller Boat Line vessel
Skipperliner, La Crosse, Wis., has reopened under new ownership and with a $1.7 million contract to provide Wisconsin’s oldest operating ferry service, the Cassville ferry service, with a new tug and barge
Statue Cruises, a subsidiary of Hornblower Cruises & Events., has signed an agreement with Derecktor Shipyards in Bridgeport, Conn., to complete the world’s first hybrid ferry using hydrogen fuel by April 2011.
Norway’s Farstad Shipping ASA has placed an order for the first OSV to be built to a new wave piercing design by Rolls-Royce. The vessel is one of four platform supply vessels
