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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


Rolls-Royce Azimuth Thrusters Ordered for New Tug

Rolls-Royce has won an order for US255 FP z-drives from San Francisco’s Vessel Chartering LLC, a wholly owned division of Baydelta Navigation. The thrusters will provide the propulsion for a new high performance tractor tug designed by Jensen Maritime, Crowley Maritime Corp


NAT Takes Delivery of Suezmax, Earnings Capacity Up

Courtesy Nordic American Tankers Limited

Nordic American Tankers Limited ("NAT" or "the Company") announced that it today took delivery of a Suezmax vessel, the Nordic Sirius, built at a shipyard in Japan. NAT agreed to purchase four vessels as announced in our press release May 2, 2016


Young Brothers Orders Four New Tugs from Conrad

Young Brothers, Limited, Hawai‘i’s largest inter-island cargo service provider, and Conrad Shipyard, signed a contract to build four new tugs, a nearly $80 million investment that is designed to support Young Brothers’ overally service efficiency


Multraship’s New ASD Tugs Named in the Netherlands

Photo: Damen

Two Damen ASD 3212 tugs for towage and salvage specialist Multraship have been named on June 24 at Terneuzen, the Netherlands.   The Multratug 29 and Multratug 30, named respectively by Rita de Ruijter- Ribbens and Els Otten- Muller,  were built at the Damen Song Cam Shipyard in Vietnam


Statoil’s 50 years to be Recorded

Statoils history

Statoil has decided to launch a large project to write the story about the company for its 50th anniversary in 2022. The University of Oslo has been chosen the main supplier in a project that will also involve other Norwegian research institutions.


First Damen Tug for Bugsier

DAMEN-ASD-2411 Courtesy Damen

Bugsier, the German towage and maritime service provider, has boosted its already extensive fleet with the addition of a Damen ASD 2411 tug. The tug represents the first purchase of a Damen vessel for Bugsier. Bugsier holds an established position in the German maritime sector: the company is


Suezmax Tanker Delivered to NAT

Nordic American Tankers Limited (NAT) has today taken delivery of Nordic Castor, the second of four secondhand Japanese-built Suezmax tankers acquired in May 2016. The first of the four vessels, Nordic Luna, was delivered June 1, and the third vessel is expected to be delivered near the end of


Viking Sea's Maiden Call at Lerwick Port

VIKING WELCOME FOR VIKING SEA’S PASSENGERS PHOTO VIKING

Members of Lerwick’s Up Helly Aa Jarl Squad warmly welcomed Viking Sea passengers ashore during her maiden call to Lerwick.    The brand new 47,842 tonne Viking Sea arrived for the first time at Lerwick on Wednesday 15 June


Nordic American Tankers Fixes Suezmax on Timecharter

Courtesy Nordic American Tankers Limited

Nordic American Tankers Ltd. (NYSE:NAT) entered into a 30 months charter contract with a subsidiary of ExxonMobil (EM) for one of the NAT suezmaxes.  The firm period is 18 months with an option of further 12 months. The gross revenue from the contract of 30 months is about $25 million


Damen Delivers Two Tugs to SAAM

Photo: Damen Shipyards

SAAM S.A., a  towage company with operations across South, Central and North America, has taken delivery of two ASD Tugs 2411 from the Damen Shipyards Group. These compact yet powerful vessels deliver over 70 tonnes of bollard pull and are exceptionally manoeuvrable and reliable.


Eastern Delivers Escort Tug to Bay-Houston Towing

ZYANA K (Photo: ESG)

Eastern Shipbuilding Group, Inc. announced the delivery of the Escort Tug ZYANA K for Bay-Houston Towing Co. on May 5, 2016. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently under construction at Eastern’s Nelson Street facility


Abu Dhabi Ports Marine Subsidiary Rebranded as SAFEEN

Photo: Abu Dhabi Ports

 Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone (Kizad) in the Emirate, has renamed its subsidiary, Abu Dhabi Marine Services, as ‘SAFEEN’ –meaning ships in Arabic- in a bid to rebrand itself.


Nordic American Tankers Expands Suezmax Fleet

Nordic American Tankers Limited (NAT) has taken delivery of Suezmax tanker Nordic Luna, the first of four secondhand sister vessels purchased as part of the company’s plans for fleet expansion.   The second vessel is expected to join the NAT fleet in mid-June


Tech & Design Solutions for Modern Workboats

“There is a cost implication for owners to comply with IMO Tier 3 and EPA Tier 4 requirements, which is causing an increase in engine prices of about 30 percent regarding Tier 4, which probably results in a five percent increase in total construction costs for U.S.-built tugs. In some countries such as Asia, with low labor costs, total costs can increase by 10 percent.” - Mike Fitzpatrick, President, Robert Allan Limited (Photo: Mike Zeft)

EPA Tier 4 regulations (for engines of 804 hp and higher) and propulsion advancements have many manufacturers and vessel designers changing course to adapt to new requirements and customer demands.   Jensen Maritime is designing a new 110-ft


Port of Caen Orders Damen ASD Tug 2810

Damen ASD Tug 2810, Artist Impression (Photo: Damen Shipyards)

The Port of Caen/Chamber of Commerce & Industry Caen Normandy (Chambre de Commerce et d’industrie de Caen Normandie) has placed an order for a Damen ASD Tug 2810. This follows Damen winning a public tender on December 8, 2015.  






 
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