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Navig8 in chemical tanker agreement with Oaktree

OCTOBER 10, 2013 — Is this another example of private equity going where bankers fear to tread? The Singapore headquartered Navig8 Group yesterday reported an agreement with private equity investor Oaktree Capital

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UASC seeks tweaks for box ship designs

OCTOBER 4, 2013 — Setting its sights on competitive slot cost, United Arab Shipping Company (UASC) , one of the world’s fastest growing container carriers, has ordered five 14,000 TEU vessels with

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Jensen to manage Jones Act tanker construction program

OCTOBER 2, 2013 — Jensen Maritime Consultants, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, announced today that the company has been awarded a new construction management contract for four

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MHI Shimonoseki Shipyard to build research vessel

OCTOBER 1, 2013 — Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for construction of a wide-area seabed research vessel from the Japan Agency for Marine-Earth Science and Technology (JAMSTEC).

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Austal USA delivers LCS 4

SEPTEMBER 29, 203 — Austal USA’s Mobile, AL, shipyard marked another milestone September 27, officially handing over the Independence-variant Littoral Combat Ship Coronado (LCS 4). The successfully completed Acceptance Trials (AT) at

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FSG delivers Canada’s largest ConRo to Oceanex

SEPTEMBER 27, 2013 — Following a series of successful sea trials, Oceanex Inc. today accepted delivery of the 210 m Oceanex Connaigra, Canada’s largest ConRO ship, from German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG).

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Floatel wins contract for under-construction semi

SEPTEMBER 26, 2013 — Floatel International has been awarded a contract for provision of an accommodation and construction support vessel for the INPEX-operated Ichthys LNG Project. The Ichthys Field is located approximately

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ABB secures $25 million order from Nordic Yards

SEPTEMBER 20, 2013 — ABB has won an order worth around $25 million to supply its Azipod marine propulsion system and complete electric power plants for two new rescue and salvage icebreakers