Business & Finance
Havyard finds buyer for PSV originally ordered by Fafnir
The Norwegian shipbuilder Havyard has found a buyer for a newbuild platform supply vessel originally ordered a few years back by Iceland’s Fafnir.
K Line to Cut Ship Emissions with Automated Power Kites
K Line could order up to 50 automated kites from Airseas to save fuel and cut emissions.
Maersk Growth Invests in German Trade Finance Startup
Maersk Growth has decided to invest in European fintech company Modifi.
Alphaliner: 2019 Box Throughput Growth Projections Slashed
Alphaliner has reduced its global container throughput growth estimate for 2019 from 3.6% to 2.5%.
Oldendorff Carriers Boost Ties with Chinese Firms
Oldendorff Carriers has completed 23 deals with 3 Chinese leasing companies during the last 12 months.
Dynagas LNG Partners in Talks for USD 250 Mn Refinancing
Dynagas LNG Partners is in advanced talks for the refinancing of 6.25% USD 250 million senior notes.
JFO Boosts Decom Capabilities with New Abrasive Cutting Tech
James Fisher Offshore (JFO) said it has developed an internal abrasive cutting system to support the oil and gas industry’s decommissioning cost reduction target. According to the company, the abrasive cutting technology offers an innovative method for the internal cutting and removal of subsea tubu
Inmarsat, HHI Unit Ink Deal to Fast-Track Maritime Digitalization
Hyundai Global Service is now able to offer shipowners “a digital total care solution route to maritime digitalization”.
SwissMarine Hires Diana Shipping’s Capesize
Diana Shipping agreed a charter contract for Capesize vessel P. S. Palios with SwissMarine Services.
Awilco LNG Finds Work for WilPride
Awilco LNG secured a charter contract for its 156,000 cbm TFDE membrane LNG vessel WilPride.
Deep Casing Tools in Norway Pact with NOV
Casing and completion technology business, Deep Casing Tools (DCT), has formed an alliance in Norway with National Oilwell Varco Completion Tools (NOV Completion Tools). The agreement gives NOV Completion Tool’s Completions & Production Solutions Division access to DTC’s technology including its Tur
Damen to Introduce Shoalbuster 2711 at Seawork
Damen Shipyards Group said in their latest announcement that they will present its new design of Shoalbuster to the maritime market during the upcoming Seawork Marine and Workboat Exhibition in Southampton next week (June 11-13). Damen has developed the new 27 meter long, 11 meter wide vessel in res
MDL Supports Rever Offshore North Sea Projects
Maritime Developments (MDL) has completed two different work scopes for Rever Offshore and is en-route to the third project in the campaign. The completed missions, started in April, included installation and decommissioning of products in two North Sea fields, using a horizontal spread solution on
IADC: Can a Lake’s Ecology Be Restored with Unwanted Sediment?
In the latest edition of their Terra et Aqua magazine, the International Association of Dredging Companies (IADC) put a special spotlight on one of the largest nature restoration projects in Western Europe – the Marker Wadden. In April 2016, Boskalis began construction on one of the largest nature r