Marine link
 

NORDIC TUGS

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


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 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".


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


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 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


New Tractor Tug for Jones Marine Group

The David J just off the Sylte Shipyard on the Fraser River (Photo courtesy of Haig-Brown/Cummins)

Steady, smooth, powerful, highly maneuverable: these were comments from mariners on board for sea trials of Jones Marine Group’s new tractor tug, David J. The new workboat was put through its paces in fine form. The boat is an A.G. McIlwain-designed 53 by 26


Hanssons Scoop up More NAO Shares

Photo: NAO

Nordic American Offshore Ltd. (NAO) announced that Alexander Hansson, the son of the company’s chairman, Herbjorn Hansson, today bought 100,000 shares in NAO.   The share price was $3.65 share.


Maersk, Danske and Nordea to shed Ship Finance Stakes

A.P. Moller-Maersk , Danske Bank and Nordea Bank will sell their shareholdings in shipping lender Danish Ship Finance worth 4.25 billion Danish crowns ($638.05 million) to a consortium of Danish investment funds, the company said Wednesday.


NAT Announces Public Offering

Nordic American Tankers Limited (the "Company") today announced an underwritten public offering of 11,000,000 common shares pursuant to the Company's effective shelf registration statement.  At the Company's request, the underwriters have reserved for sale an aggregate of 534


Nordic American Offshore Relocates HQ

Nordic American Offshore Ltd. (NAO) said it will move its corporate domicile from the Republic of the Marshall Islands to Bermuda.   According to NAO, the change of corporate domicile will not affect the company’s day-to-day business


$100M Tug Contract: Fourth Boat Delivered in South Africa

TNPA’s new tug, OSPREY, was launched and named at the Southern African Shipyards premises in Durban, South Africa.  (Photo: TNPA)

Transnet National Ports Authority (TNPA) is on track with its $100m tug building contract and celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban.   The tug – named OSPREY in honor of the fish eagle – will serve at the Port of Saldanha


Powerful New ATBs for Vane Bunkering

Photo courtesy of Cummins

The bold blue “V” logo emblazoned on the green-banded white stack continues to proliferate on American waterways. Vane Brothers Company has been expanding its fleet with new construction. Recently the marine transportation company announced a contract for three ATB tugs to be built at


RAstar 3200 for Mauritius Ports Authority

RAstar 3200 for the Mauritius Ports Authority

Robert Allan Ltd. has added yet another vessel to its popular RAstar 3200 Series design, this one constructed by Hong Kong’s Cheoy Lee Shipyards for the Mauritius Ports Authority. The RAstar 3200 terminal support tug, Sir Edouard, was delivered August 21


Expansion of the RAmparts 3200-CL Fleet

RAmparts 3200-CL

The RAmparts 3200-CL was developed by Robert Allan Ltd. exclusively for Cheoy Lee Shipyards, Hong Kong. Since the first tug of this design was delivered in 2011, Cheoy Lee has delivered over 20 units of this series to its clients around the world.


Suezmax Delivered to Nordic American Tankers

Nordic American Tankers Limited (NAT) has taken delivery of a Suezmax new build tanker Nordic Star, built at Sungdong Shipbuilding & Marine Engineering Co., Ltd., South Korea.   The 158,000 dwt vessel will be immediately employed in the tanker market, NAT said.  


Gondan Launches Second Dual Fuel Tug Built in Europe

The launching of the second dual fuel tug built in Europe

Today at Gondan Shipyard in Figueras, at high tide, the second Dual Fuel tug ever built in Europe – and the second of a series of three currently under construction for the Norwegian shipowner Østensjø Rederi - has been successfully launched.


Vane Bros. Orders Tugs from Chesapeake Shipbuilding

Photo: Chesapeake Shipbuilding

Chesapeake Shipbuilding Corp. announced it has signed contracts with Vane Brothers to build three more ocean going tugs, marking the 18th, 19th and 20th tugboats built by Chesapeake Shipbuilding for Vane Brothers since 2008.   The new contract will continue Chesapeake’s steady output


MN100: McAllister Towing

(Photo: McAllister Towing)

The Company: McAllister Towing & Transportation operates a fleet of more than 75 tugboats, crew boats and barges in 17 locations along the U.S. East Coast from Portland, ME to San Juan, PR. The fleet consists of 28 Z-Drive/ Tractor tugs, 11 Tier II compliant tugs


NAT Names 2 New Tankers in South Korea

Mr. and Mrs. Yean Sin Kim, Siv Helset, Marianne Lie, Mr. Herbjørn and Mrs. Solveig Hansson. (Photo: ©Thorbjørn Damhaug)

wo new tankers, Nordic Star and Nordic Space, were named August 24 for owner Nordic American Tankers Limited (NAT).   NAT founder and chairman Herbjørn Hansson was present at the naming ceremony, along with the chargé d'affaires a.i


Another Tug Launched for Suderman & Young

Poseidon (Photo: Eastern Shipbuilding Group)

Eastern Shipbuilding Group, Inc. said it launched on August 15, 2016 the final vessel in a series of four Z-Tech Class Terminal & Escort Tugs being constructed for Suderman & Young Towing Company. The tug Poseidon is scheduled to be delivered later in 2016.  






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright