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ALGAE-X Now Standard Equipment On All New Nordic Tugs

Algae-X International has announced its agreement with Nordic Tugs - the Ed Shelton designed and manufactured boats - to integrate the ALGAE-X's Fuel Decontamination Technology into the fuel systems of their diesel powered vessels. Shelton is incorporating ALGAE-X technology with traditional filtration to fulfill his goal of providing owners of Nordic Tugs with maximum reliability systems. ALGAE-X provides Optimal Fuel Quality and Peak Engine Performance and prevents fuel filter clogging and engine failure.

Algae-X Standard Equipment on All New Nordic Tugs

Algae-X International has announced its agreement with Nordic Tugs, to integrate the Algae-X Fuel Decontamination Technology into the fuel systems of the company's diesel-powered vessels. Mr. Shelton is incorporating Algae-X technology with traditional filtration to fulfill his goal of providing owners of Nordic Tugs with maximum reliability systems. Algae-X provides Optimal Fuel Quality and Peak Engine Performance and prevents fuel filter clogging and engine failure.

Nordic Tankers Joins Nordic Exchange

Nordic Tankers, a Danish shipping company, has its starting point back in 1984. The company cooperates with many other companies within the international shipping industry. Nordic Tankers is Listed on the Copenhagen Stock Exchange joins the Industrials Sector on the Nordic Exchange. Nordic Tankers has experienced a significant growth in terms of earnings and capital. The earnings raised in connection to the listing on the Nordic Exchange will be used to develop the company further

Nordic Shipholding Sells Chemical Tanker Activities

Nordic Shipholding A/S completes sale of chemical tanker activities. In continuation of company announcement no. 1/2012 published via NASDAQ OMX on 27 March 2012, Nordic Shipholding A/S (formerly Nordic Tankers A/S) today has completed the sale of its chemical tanker activities to a company controlled by Triton, a European investment company. The acquiring company has today changed name to "Nordic Tankers A/S".

Statoil Claims Mokul Nordic for North Sea Charter

Mokul Nordic

Nordic Maritime’s latest fleet addition wins first work with energy giant. Nordic Maritime has announced its newest DP2 vessel, Mokul Nordic, has been contracted for a 30 days firm plus an optional 15 days charter in the North Sea by international energy provider Statoil.   “At Nordic Maritime, we are delighted to have won our inaugural contract with Statoil in 2014, the year in which we celebrate our 15th anniversary,” said Kjell Gauksheim, Nordic Maritime CEO.

Nordic Prince Chartered by Noble Energy

MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince

  Nordic Maritime, a leading offshore service operator, today announced its MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince and has started a long term charter for Noble Energy after arriving in Haifa, Israel. Nordic Maritime was awarded a five year charter for the DP2 IMR Subsea vessel, from Noble Energy, the international oil services group, in October.  “We are glad to announce that our vessel

Nordic American Tanker Shipping Takes Delivery of Suezmax

Nordic American Tanker Shipping Ltd. announced that the company has taken delivery of the suezmax vessel that it agreed to acquire in July this year. The 2003 built suezmax tanker has been named Nordic Apollo and was taken over today November 09, 2006. Including the Nordic Apollo the fleet of the Company has increased from three to ten suezmax vessels over the last 24 months. The vessel is employed in the spot market thus increasing the Company's vessels with spot market exposure from

Nordic Yards at Russia's Top Shipbuilding Fair

Nordic Yards_Stand_NEVA.jpg

"Russia is and will remain an essential market for us", stated Vitaly Yusufov, owner and Managing Director of Nordic Yards. "Since their foundation our shipyards in Wismar and Warnemünde have built 400 vessels for the Russian market alone, and nearly 120 featuring ice class 1A or higher." Currently there are a number of Russian contracts in the Nordic order books. For example yesterday, September 23

Nordic Maritime Exercises Option to Subscribe Further Shares

In light of the development of Nordic Shipholding A/S's cash position, as announced by the company in company announcement no. 11/13 published on December 13, 2013, Nordic Maritime has informed the company that it will exercise the option granted to Nordic Maritime in the conditional restructuring agreement entered into between the company and Nordic Maritime on 22 November 2013, to subscribe further shares against a cash payment to the Company of $2 million at completion of the restructuring

Nordic Maritime Takes Majority Stake in Nordic Shipholding A/S

In a major shareholder announcement Nordic Shipholding A/S informs that Nordic Maritime S.à r.l. has acquired a total of 308,791,660 shares  in Nordic Shipholding A/S and now directly holds 76.03 % of the share capital and voting rights in Nordic Shipholding A/S: summarised as follows: Conversion of debt and share capital increase As a consequence of the restructuring, Nordic Maritime and the Company’s lending banks have converted debt for a total amount of approximately

Damen ASD Tug for Sharjah Ports

Handover ceremony Photo Damen

Sharjah Ports Authority, has taken delivery of a Damen ASD Tug 2411, named Al Luolo’ Aya. His Excellency Sheikh Khaled bin Abdullah bin Sultan Al Qasimi, Chairman of the Department of Seaports and Customs at the Hamriyah Free Zone Authority and Sharjah Airport International Free Zone

BTӦ Orders Damen ASD Tug

Photo courtesy of Damen Shipyards

Sweden-based BogserTeam Ӧresund (BTӦ), part of MarCon gruppen, recently signed a contract with the Damen Shipyards Group for the delivery of a Damen ASD Tug 2810. MarCon gruppen is currently experiencing growth and is undertaking a program of renewal and expansion to its fleets.

Available: 300 Free Systems; Wanted: 300 Ships

Which will be the first 300 ships in the world to test and validate Sea Traffic Management (STM) with updated systems free-of-charge?   As the shipping domain is takes steps in information technology, the STM Validation Project aims to demonstrate the STM concept in large-scale test

Escort Tug Launched for Bay-Houston Towing

H. Douglas M Courtesy Eastern Shipbuilding Group

Eastern Shipbuilding Group, Inc. announced the launch of the Escort Tug H. DOUGLAS M (Hull 236) for Bay-Houston Towing Company on November 17, 2015. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently under construction at Eastern’s

UPS to Build Facility at DP World London Gateway

Latest aerial shot of the park showing the Logistics Centre, joint venture building and port Photo by DP World

  DP World London Gateway and UPS today announced plans to build a new 32,000 square metre package sorting and delivery facility at the logistics site in the south east of England. At close to £120 Million, the project is one of UPS’s largest infrastructure investments outside of

Multraship Orders Damen Tugs at Europort

Left to right: Mijndert Wiesenekker, Sales Director Benelux Damen; Pepijn Nuijten, Multraship; Kees Muller, Multraship; Arnout Damen, CCO Damen; and Leendert Muller, Multraship. (Photo: Multraship)

Towage and salvage specialist Multraship, through its 100-percent-owned subsidiary Novatug BV, has commissioned the construction of two Carrousel Rave Tugs (CRTs) as well as a new ASD 3212 tug from Damen Shipyards Group.    Officially ordered today at a signing ceremony at

VT Halter Launches Another ATB Tug for Bouchard

M/V Morton S. Bouchard Jr.  6,000hp Twin Screw ATB tug (Photos: VT Halter)

Shipbuilder VT Halter Marine, Inc. and Bouchard Transportation Co. Inc. announced the launch of M/V Morton S. Bouchard Jr., a 6,000hp Twin Screw Articulated Tug Barge (ATB) tug, on October 29, 2015.   The M/V Morton S. Bouchard Jr. is part of a two-vessel contract awarded to the shipyard

Wärtsilä Propulsion for LNG Bunker Vessel

The Wärtsilä 34DF engine

A new 5,800-cubic-meter LNG bunker and feeder vessel, being built for Sirius Veder Gas AB at Royal Bodewes, Hoogezand, in the Netherlands, will be powered by a Wärtsilä propulsion solution. Wärtsilä, who received the contract in September

Nordic Tankers joins forces with Borealis Maritime

NordicMarianne. Photo: Nordic Tankers A/S

 Nordic Tankers and Borealis Maritime Ltd has announced the intention to form a jointly held company, Crystal Nordic A/S – a strong player in the short-sea, ice class chemical tanker trade in the Baltic and North-Western European market.  

Damen ASD Tug Delivered to Clyde Marine

Photo: Damen

Clyde Marine Services has taken delivery of its first Damen ASD Tug, the shipbuilder announced today. The Damen ASD 2310 has been named CMS Warrior, and she will join a 12-strong fleet of tugs and crew tenders at the Scottish company.   

South African Boatbuilding: Tugboat Honors Mandela Birthplace

(Photos courtesy of Southern African Shipyards)

Transnet National Ports Authority announced a milestone in its $98 million tug building contract when the first of its nine new tugboats was launched at the Durban premises of contractor, Southern African Shipyards.     “This is the largest single contract TNPA has ever

Long and Successful Links: Sanmar Hosts Robert G Allan

Photo: Sanmar

Some 200 delegates from all around Turkey attended the Pilotage & Towage Services Technologies Congress in Izmir, an event supported by shipbuilder Sanmar, whose Projects Director Ali Gurun presented a paper about technical specification of modern harbor and terminal tug boats outside of

Nordic American Tankers Ups Nordic American Offshore Stake

Image by Nordic American Offshore Limited

Nordic American Tankers (NAT) has increased its shareholding in Nordic American Offshore (NAO) in an effort to shore up investor confidence in the latter.   NAT bought 1,521,300 shares increasing its stake to 6,018,280 shares — 26.5% of NAO’s total shares for $9.5m, or $6

Chesapeake Inks Deal: 3 Tugs for Vane Brothers

Chesapeake Shipbuilding Corp. signed another contract with Vane Brothers of Baltimore to build three more ocean going tugs. This new contract marks the 15, 16 and 17th tugboats built for Vane Brothers by Chesapeake Shipbuilding since 2008. Construction on the first new tug has already begun in one

P&O Maritime Rebranded Repasa

Vessels from the Repasa fleet in action. Courtesy DP World

  P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry.   P&O Repasa will become the official brand of the joint venture which has expanded its fleet in the offshore towage

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