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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


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


ACO Claimers Delivered for Installation on Nibulon Tugs

Photo courtesy of ACO

ACO Marine has delivered three of its smallest Clarimar wastewater treatment units to Ukraine-based Nibulon Shipbuilding and Repair Yard for installation aboard a series of high specification project tugs. Nibulon, Ukraine’s leading exporter of agricultural products


Harley’s Latest tug begins service

MV Earl W Redd, Photo Harley Marine 2017

The latest addition to the Harley Marine fleet is now completing sea trials and preparing to enter service. The “M/V Earl W. Redd” will be operated under the flag of the Olympic Tug & Barge unit of Harley. The 120 foot tractor tug, built by Diversified Marine Inc


Damaged Tug Heads to Seattle for Repair

The U.S. Coast Guard said it has green lighted a transit plan for the damaged tug Samson Mariner to head south from Ketchikan, Alaska for repairs in Seattle. The vessel departed on Tuesday accompanied by an escort tug.   Samson Mariner was damaged and spilled approximately 1


Nordic American Offshore Announces Public Offering

Photo:  Nordic American Offshore

 Nordic American Offshore (NAO) has announced an underwritten public offering of 33,333,333 common shares pursuant to the Company’s effective shelf registration statement.     Morgan Stanley & Co. LLC, DNB Markets, Inc


New Tug Delivered to Vane Brothers

Delaware (Photo: Vane Brothers)

Marine transportation provider Vane Brothers has taken delivery of the newly built tugboat Delaware, the fourth of eight vessels in Vane’s Elizabeth Anne Class of 4,200-horsepower tugs contracted through St. Johns Ship Building in Palatka, Fla.  


Africa in focus at Nor-Shipping 2017

Logo

African economies are growing, and becoming more connected to the world economy than ever before. Still, many companies have not discovered the great business opportunities on offer in Africa. In 2017, Nor-Shipping, one of the world’s leading maritime events, will put Africa on the agenda


JonRie Winch set for McAllister Towing

Photo JonRie InterTech LLC

JonRie Marine Winches supplied its 6th ship set of Full 90 Ton Winch to McAllister Towing of NY installed on their new tug Jeffrey McAllister. The 92’ (30 meter) x 36’ (11 meter) Z-Drive Tug was built by Eastern Shipbuilding, Panama City, FL


NAT Declares 78th consecutive Dividend

NAT Vessel Photo Nordic American Tankers

The Board of Nordic American Tankers Limited has declared a cash dividend of $0.20 per share for the fourth quarter of 2016, to shareholders of record February 10, 2017. The dividend is expected to be paid on or about February 24, 2017. The dividend takes into account NAT's future cash outlays


World’s Largest Hybrid Vessel Ordered

Image: Ulstein Verft

Norwegian ferry operator Color Line and shipbuilder Ulstein Verft have signed a Letter of Intent (LOI) for the construction of what will reportedly become the largest hybrid vessel in the world, a 160-meter-long passenger ferry.   The Fosen-designed ferry will be a plug-in hybrid with


Eastern Delivers Tractor Tug to McAllister

Photo courtesy Eastern Shipbuilding Group

Eastern Shipbuilding Group, Inc. has delivered the Twin Z-drive Reverse Tractor Tug JEFFREY McALLISTER to McAllister Towing and Transportation Co., Inc. on January 13, 2017. McAllister is honoring Captain Jeffrey McAllister as the vessels namesake. Capt


New Tug for E.N. Bisso & Son

Photo: Robert Allan Ltd.

A new tug  built by Signet Shipbuilding and Repair was delivered to E.N. Bisso & Son Inc. in mid-December. The vessel, Gladys B, is Robert Allan Ltd.’s newest RApport 2400 class tugboat design.   “She is named for the wife of the founder of the company in 1946


Rolls-Royce Delivers 1000th Azimuth Thruster for Damen

Photo: Rolls-Royce

Rolls-Royce has delivered its 1,000th azimuth thruster to Damen in what marks a milestone achievement in a relationship that spans more than 30 years.   The 1,000th and 1,001st Rolls-Royce US 255 FP azimuth thrusters, each with a power of 2,525 kW


13 ULSTEIN X-CONNECT Systems Sold

Managing Director Gunnar Hide Photo Ulstein Group

Deliveries of alarm and monitoring systems (ULSTEIN AMS) for 13 tugs have been contracted to Ulstein Power & Control by US based MT. The systems are based on ULSTEIN X-CONNECT. The alarm monitoring is a part of Ulstein Power & Control’s expertise in integrated systems


TNPA: Five Tugs Done, Four More to Go

Photos courtesy of TNPA

Transnet National Ports Authority’s (TNPA) R1.4 billion tug building contract in Durban continues to create jobs and develop local marine capabilities, with the fifth of the authority’s nine new tugs launched this morning in Durban.


De Boer Remorquage SARL Orders Custom Tugs from Damen

Photo courtesy of Damen Shipyards

Baggerbedrijf De Boer B.V. (Dutch Dredging B.V.) has ordered two custom, special-purpose tugs to be built at Damen Shipyards Hardinxveld in the Netherlands through the subsidiairy De Boer Remorquage SARL. The tugs are for a 10-year contract with Grand Port Maritime de Guyane in the ports of






 
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