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

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

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