Survey specialist MMT Sweden invests in growth
JULY 13, 2017 — Frolunda, Sweden, based high resolution marine survey specialist MMT Sweden AB intends to keep growing its business. It has chartered in a new survey vessel and is investing
offshore
lsland Offshore order at Kawasaki has not been canceled
JUNE 29, 2017 — Contrary to our earlier report, Kawasaki Heavy Industries has not canceled the offshore vessel order placed in 2014 by Island Offshore, in which the Chouest and Ulstein families
Wartsila to power first LNG fueled construction vessel
APRIL 18, 2017 — Wärtsilä is to supply the engines and other propulsion machinery for the Orion, the new 210 m offshore construction vessel being built at the Cosco shipyard in China
Change of leadership at Keppel O&M
MARCH 20, 2017 — Keppel Offshore & Marine CEO Mr. Chow Yew Yuen, 62, will retire with effect from March 31, after 36 years of service, during which he served as, among
Ezra Holdings files for Chapter 11 bankruptcy
MARCH 19, 2017 — The Board of Singapore based Ezra Holdings Limited says that on March 18, the company, together with its wholly-owned subsidiaries, EMAS IT Solutions Pte Ltd and Ezra Marine
Farstad Shipping vessels win charter contracts
FEBRUARY 27, 2017 — Norway’s Farstad Shipping ASA has been awarded a number of charter contracts that, says CEO Karl-Johan Bakken, show its ability to to efficiently and safely return vessels from
VIDEO: MacGregor launches new ship-to-ship transfer system
FEBRUARY 23, 2017 — MacGregor has launched a new crane compensation system for offshore ship-to-ship load transfers that it says offers substantially larger operating windows as well as safer and faster load
Ultrapetrol files for Chapter 11
FEBRUARY 7, 2017— Ultrapetrol (Bahamas) Limited and a number of its subsidiaries yesterday filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York yesterday. Ultrapetrol
Profits down, Keppel closes three yards, mothballs two
JANUARY 26, 2017 — As part of a continuing painful “rightsizing,” Keppel Offshore & Marine is to close three Singapore shipyards and mothball two overseas yards. Parent Keppel Corporation Limited today reported
Boutique shipping bank open for business in Oslo
DECEMBER 22, 2016 — Back in February 2014 we reported that a niche Norwegian merchant bank providing mortgage based lending to the maritime and offshore industries planned to start operations in April