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  • 12 June 2012
    Business & Finance

    MV BBC Aramis (3.490 dwt / Geared, Komarno type -General Cargo Vessel) has been delivered to her new South Asian Buyers. The buyers purchased their first BBC vessel in December 2011 and repeated that prosperous endeavor by adding MV BBC Aramis to their fleet most recently. BBC Aramis was built in Slovakia in 2004 by […]

  • 22 July 2014
    Business & Finance

    APM Terminals Virginia and a partnership comprising affiliates of investment funds managed by Alinda Capital Partners (Alinda) and Universities Superannuation Scheme Limited (USS) announced today that the partnership will purchase APM Terminal’s state-of-the-art container terminal located in Portsmouth, Virginia.   The transaction is subject to standard regulatory approvals and is expected to close during the […]

  • 7 March 2013
    Business & Finance

    The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Zhoushan) Shipyard Co., Ltd , a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 57000DWT, “OCEAN MASTER”, to its European buyer. The delivery documents were signed by and between COSCO Zhoushan and the buyer […]

  • 3 June 2014
    Business & Finance

    Ørjan Gjerde, who has been CFO at Noreco since March 2012, has handed in his resignation and will leave the company by 31 August 2014. “Under Gjerde’s leadership, Noreco has built a highly competent finance and accounting group. He has also headed the company’s investor relation activities. During the past year, he has played a central role […]

  • 7 June 2013
    Business & Finance

    ES Group announced that Sea Tanker II was successfully delivered today to the Purchaser. The sale of Sea Tanker II marks another milestone for the Group following the completion of the delivery of Sea Tanker I to the charterer on 26 March 2013 pursuant to a five-year demise charter agreement. Barring unforeseen circumstances, the demise […]

  • 4 March 2013
    Business & Finance

    Croatian shipbuilder 3. MAJ delivered tanker ’SAO DOMINGOS SAVIO’ to the Swedish company WISBY TANKERS on 1 March 2013. The tanker, designed to carry concrete, oil and chemicals, is 133 meters long and 23 meters wide. The newbuild features the loading capacity of 15,000 DWT and is propelled by the 3.MAJ-Wartsila 6 RT Flex 35 […]

  • 9 July 2012
    Business & Finance

    On Thursday 28 June 2012, STX Finland Oy’s Rauma Shipyard celebrated the flag-changing ceremony of the specialised vessel built for the Ministry of Fisheries and Marine Resources of the Republic of Namibia. The event was witnessed by representatives of the customer, the Namibian Ministry of Fisheries, the classification society Bureau Veritas and STX Finland. The […]

  • 8 May 2014

    The U.S. Coast Guard and the Nigerian Navy held a ceremony Wednesday in North Charleston to officially sign the decommissioned U.S. Coast Guard Cutter Gallatin over to the Nigerian Navy. The Gallatin was offered to Nigeria April 24, 2013, through the Foreign Assistance Act (FSA), and was decommissioned from Coast Guard service March 31, 2014. […]

  • 2 November 2017
    Business & Finance, Equipment, Technology

    SACE, an Italian export credit agency, said in their latest release that they have ensured Dragflow’s exports to the United Arab Emirates, worth € 5.5 million. “Dragflow, with the support of SACE, is consolidating its presence in Dubai. In 2016, in fact, the company ensured its exports, offering competitive payment conditions to its Emirate customers,” reported […]

  • 17 January 2018
    Business & Finance

    Ten mega boxships are set to be handed over to their owners this month.

  • 6 December 2013

    Damen Shipyards Group has delivered the fifth Platform Supply Vessel in a series of six to World Wide Supply of Norway.   World Opal is a Damen PSV 3300 CD. The first ship, World Diamond, was delivered in July and the last in the series ‘World Sapphire’ is due to be delivered mid-December. Delivery of […]

  • 27 August 2012

    On August 24th Royal Niestern Sander B.V. Delfzijl delivered the IMSV Sanaborg, the first in a series of ice-breaking multipurpose support-vessels (bollard-pull 34 ton). The Sanaborg and the Serkeborg are the first in a series of icebreakers suitable for shallow waters, that are deployed in the Caspian Sea. The vessels are specifically designed for logistics […]

  • 25 May 2010

    Oceaneering International in the US has announced it was the high bidder to acquire DMT Sapphire from an affiliate of Deep Marine Technology (DMT), under a bankruptcy-sponsored auction proceeding. The bid was US$16.5 million. A bankruptcy court hearing to approve the sale of the class 2 dynamically positioned vessel is scheduled for June 2, 2010. […]

  • 23 May 2013
    Business & Finance

    Bollinger Shipyards, Inc. has delivered the PAUL CLARK, the sixth Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger executive vice president of new construction, Chris Bollinger, “We are very pleased to announce another successful on-time and on-budget FRC delivery to the Coast Guard. The PAUL CLARK was […]

  • 22 May 2014
    Business & Finance

    The Great Eastern Shipping Company Ltd. (G E Shipping) has sold its 1996 built Medium Range Product Tanker “Jag Padma” (47,172 dwt). The shipper announced the delivery of the vessel to the new owners on May 21st. With the delivery of this vessel, the company’s current fleet stands at 29 vessels, comprising 21 tankers (8 […]

  • 7 November 2014
    Business & Finance, Exploration & Production

    Fincantieri and Technip in Italy signed a Memorandum of Understanding aiming to increase their joint competitiveness by starting to address Italian and Mediterranean Sea offshore markets. The agreement was signed by Marco Villa, CEO of Technip Italy S.p.A. and Giuseppe Bono, CEO of Fincantieri. This agreement follows the existing collaboration between the two companies which […]

  • 1 March 2016
    Authorities & Government, Business & Finance

    The collaboration between Nova Scotia and Scotland on developing global tidal energy sector has been highlighted during ICOE 2016 held last week in Edinburgh. Nova Scotia and Scotland will continue a shared focus on developing supply chain capabilities to capture and serve the growing tidal energy sector, sharing regulatory best practices, and supporting further research, […]

  • 19 December 2013
    Business & Finance

    A delivery ceremony was held on December 17 for Hokuriku Maru, a specialized coal carrier having a wide beam and shallow draft for the transport of steaming coal from Australia and Indonesia to power plants operated by the Hokuriku Electric Power Company (Hokuriku Denryoku). A naming ceremony was held at the shipyard on the same […]

  • 20 June 2013

    The new Botafoc Quays at the Port of Ibiza, which are soon to come into service, were handed over  to the Port Authority of the Balearic Islands. On June 17. nearly seven months after the work was finished, a ceremony to hand over the quays was held and was attended by the Development Ministry inspector, […]

  • 1 July 2013
    Business & Finance

    Western Baltija Shipbuilding has delivered multipurpose vessel “EVA“ to the client “EVA Maritime OÜ”. The multipurpose vessel “EVA” is the first vessel of this type built by Western Baltija Shipbuilding. Ship length – 89,9 m, breadth – 14,5 m, draft – 5,63 m, speed – 11,4 knots, deadweight – 4600 t. Vessel is equipped with […]

  • 23 July 2019
    Business & Finance

    The vessel, purchased for USD 14.1 million, would be handed over to Pangaea in September 2019.

  • 9 May 2014
    Business & Finance

    The Armón Vigo shipyard has delivered to the Mexico’s National Fisheries Institute (INAPESCA) a fishing and oceanographic research ship. The vessel was commissioned to explore the waters of Mexico’s Pacific coast, and according to an official press release from the Secretary of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA in its Spanish acronym), “hopefully […]