AUGUST 11, 2014 — Finland’s Arctech Helsinki Shipyard has won a contract worth some $380 million to building of three icebreaking stand-by vessels for Russia’s largest shipping company Sovcomflot. They will be
AUGUST 7, 2014 — Wärtsilä has won a design contract for a multi-purpose platform supply vessel (MPSV) ordered at Turkey’s Tersan Shipyard by Tidewater, Inc.for operation by its Troms Offshore subsidiary. There
MAY 7, 2014 — Norwegian Electric Systems (NES), Bergen, Norway, is to supply the hybrid battery diesel electric propulsion system for the Arctic PSV recently ordered at Havyard by Iceland’s Fafnir Offshore
APRIL 24, 2004 — Buoyed by strong first quarter results from its North Sea operations, GulfMark Offshore, Inc. (NYSE:GLF) has ordered another Arctic Class PSV from Norwegian shipbuilder Simek. To be delivered
APRIL 22, 2014 — Decreasing seasonal sea ice has opened up Arctic waters for longer periods with resulting potential economic opportunities in commercial shipping, cruises, commercial fishing, oil, and mining. But while
APRIL 3, 2014 — Wärtsilä says that the VS 485 design platform supply vessel ordered at Norway’s Kleven Shipyard by Rem Offshore ASA in January (see earlier story) is the first confirmed
JANUARY 23, 2014—Amid a positive outlook for the offshore oil and gas industry in 2014, senior oil and gas professionals are forecasting tighter monitoring of capital expenditures (CAPEX) this year, according to
JANUARY 20, 2014—What were the top maritime stories of 2013? As ranked by the activity of Marine Log viewers, the Top Ten stories of last year were tales of Triumph, tragedy and
DECEMBER 18, 2013 — A Finnish government owned investment company, Finnish Industry Investment Ltd, yesterday purchased a 66.4% majority stake of the shares of Aker Arctic Technology Oy (Aker Arctic) from STX
SEPTEMBER 25, 2013 — Norway’s Statoil has awarded Oslo based design and engineering house Inocean a contract for the concept design for its new CAT I drillship. Inocean CEO Jon Erik Borgen
