Ardmore Shipping releases first results since IPO
AUGUST 26, 2013 — Cork, Ireland, headquartered Ardmore Shipping Corporation (NYSE: ASC) today reported results for the three and six months ended June 30, 2013. The results are Ardmore’s first to be
shipping
Vard books second OCSV order from Farstad
AUGUST 21, 2013 — Vard Holdings Limited has secured a new contract worth about NOK 800 million for the design and construction of an offshore subsea construction vessel (OSCV) for Norway’s Farstad
KKR forms $580 million Maritime Finance Company
AUGUST 20, 2013 — Global private equityy investment firm KKR (Kohlberg, Kravis and Roberts) today announced the formation of Maritime Finance Company, a new specialty finance company created to lend to the
Siemens charters Esvagt’s Havyard newbuilds
AUGUST 19, 2013 — Siemens Energy has signed a chartering agreement with Danish shipowner Esvagt A/S for the two new 83.7 m offshore wind farm service vessels that the company ordered from
Clarksons: “trading in line with expectations”
AUGUST 19, 2013 — London based shipping services giant Clarkson PLC (LSE:CKN) today released half year results for the period ended June 30, 2013 that saw revenues down slightly to £89.1 million
Hamburg based JV to acquire ships now for later resale
AUGUST 13, 2013 — Two “well financed” Hamburg, Germany, headquartered shipping companies have founded a joint venture, Quayside Maritime Partners, to acquire ships in the present market for later sale at an
Management best practices top Intermanager agenda
JUNE 12, 2013 — InterManager, the international trade association for in-house and third party ship managers, is pledging to work with industry stakeholders as well as governments and flag state administrations to
GAC launches Android app
JUNE 12, 2013 — Android users can now download a free app giving them instant access to GAC contact details around the world with the launch of the Android version of its
SSA’s Esben Poulsson elected ICS Vice Chairman
JUNE 11, 2013 — Singapore Shipping Association Honorary Secretary and International Committee Chairman Esben Poulsson has been elected as a Vice Chairman of the International Chamber of Shipping (ICS). His election took
ICS Chairman spells out costs of green legislation
JUNE 4, 2013 — Impending new legislation to protect the environment potentially presents shipping with an additional industry-wide cost of more than half a trillion US dollars between 2015 and 2025. This