Victor Restis faces new charges

AUGUST 1, 2013 — Greek media report that shipowner Victor Restis, who was remanded in custody last week (see earlier story) on charges of embezzlement and money laundering, will face a magistrate

Shipowner Victor Restis arrested

JULY 23, 2013 — Greek shipowner Victor Restis now has more immediate problems than the suggestions by United Against Nuclear Iran (UANI) that he has been involved in Iran sanctions busting. Mr.

Nobu Su welcomes U.S. bankruptcy court ruling

JUNE 26, 2013 — A judge in a U.S. Court has ruled that banks in Taiwan seeking to put pressure on shipowner Nobu Su’s TMT must allow cash to be used to

Fiskerstrand to build two LNG-fueled fish feed vessels

FEBRUARY 27, 2013 — Two Norwegian fish feed transporters are to be LNG-fueled. Ordered by shipowner Egil Ulvan Rederi AS from shipbuilder Fiskerstrand BLRT AS in Ålesund, the vessels are being built

Bahri takes delivery of first of six RoCon vessels

FEBRUARY 19, 2013 — Bahri (The National Shipping Company of Saudi Arabia) has taken delivery of the first of six Roll-on/Roll-off Container (RoCon) vessels from Korean shipbuilder Hyundai MIPO. The 220 m

PSV will be first vessel with Rolls-Royce Unified Bridge

FEBRUARY 6, 2013 — Rolls-Royce says that an offshore vessel under construction for Simon Møkster Shipping will be the first in the world to feature its innovative Unified Bridge solution — which

EC ends antitrust probe of two shipowner cooperatives

JANUARY 31, 2013 — The European Commission has closed an antitrust investigation into European Minibulk eG and Container Feeder eG. Both were set up in December 2011 by representatives of several shipping

GE Marine to offer innovative exhaust heat recovery solution

JANUARY 30, 2013 — GE Marine has signed an agreement with Echogen Power Systems, Akron, Ohio, to be the exclusive provider of Echogen’s exhaust heat recovery system for use on commercial and

LR gives approval in principle to LNG-fueled bulker

DECEMBER 21, 2012 — Lloyd’s Register has given approval in principle (AIP) to a new “Clean Sky” bulk carrier design featuring an LNG-as-fuel system. Chinese shipbuilder COSCO, Piraeus, Greece, headquartered shipowner Golden

Singapore owners pick Wärtsilä X72 power for six newbuilds

OCTOBER 12, 2012 — Two Singapore-based shipping companies have chosen Wärtsilä X72 electronically controlled low speed engines to power six new vessels ordered from Chinese shipyards. The Wärtsilä equipment will be installed