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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


Wind Server Delivered with Kongsberg Tech Package

Photo courtesy of Kongsberg Maritime

The new Wind Server Wind Turbine Service Jack-Up Vessel was delivered to owner DBB Jack-Up Services in December 2014, with a full complement of Kongsberg Maritime control and automation technology on board. Built at Nordic Yards in Wismar, Germany


Nordic Shipholding Rebounded in 2014

  Danish ship owner Nordic Shipholding turned a profit in 2014 following its 2013 restructuring, the company announced today.   The company earned a profit of $2.3 million in 2014 due to improved earnings and a one-off gain of $5


Wärtsilä Selected to ESI Excellence Europe

Image from ESI Excellence Europe

  Wärtsilä has been selected as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe with effect from 23 March 2015. This is a remarkable continuation to the recognition  Wärtsilä received from Forum Ethibel in September 2014


Two ASD Tugs Delivered to URAG

Photo courtesy of Damen

URAG has taken delivery of two ASD 2411 Tugs to add to its existing fleet. Named Brake and Perfect, the new vessels have joined their sister ship Prompt in the port of Hamburg under the URAG subsidiary Lutgens und Reimers (L&R). The order for the tugs was placed in September 2014 and work


Nordic Yards Lays Dock for Offshore Converter Platform

Photo: Nordic Yards

Nordic Yards has performed the dock-laying of a steel element of the offshore converter platform DolWin gamma took place on January 30 in Warnemünde. The placing of a 200-metric-ton section marked another milestone in the production of the High Voltage Direct Current (HVDC) platform


Damen Delivers First of New Tug Class

Photo courtesy: Damen Shipyards

Damen Shipyards Group has delivered the first vessel in its new ASD Tug 2913 class. According to Damen, the 2913 has been developed in response to demand from operators for more powerful tugs capable of handling today’s larger vessels


Settlement Approved Between USCG, Tug Operator

A settlement between the U.S. Coast Guard (USCG) and the operator of the tug Shannon was approved Tuesday by a U.S. Federal Administrative Law Judge.   The settlement calls for a two month suspension of Merchant Mariner’s Credentials


Arctic Rescue Vessels Named in Wismar

Photo courtesy of Nordic Yards

Nordic Yards holds naming ceremony for new icebreaking rescue and salvage vessels designed for Arctic operations   After a construction period of around 17 months, two identically designed icebreaking rescue and salvage vessels have been named Beringov Proliv and Murman during a ceremony at


Germany’s Nordic Yards Set to Build Shipyard in Russia

Image by Nordic Yards

 The German shipbuilder Nordic Yards is considering constructing shipyards in Russia, in particular in the Far East.    The owner of the shipbuilder, Vitaly Yusufov confirmed that his company is actively considering the possibility of building own facilities


Unidelta: Twin ASD Tugs From Argentina

Brutus - DT Amura estribor

Best known for modern, innovative passenger catamarans, Astilleros Unidelta SA of Buenos Aires is currently building an innovative tug. The aziumthing stern-drive (ASD) ship-handling tug is now being built at the Argentinian yard. The first, in an anticipated series


First Skangass LNG Loading in Zeebrugge

LNG was loaded aboard Anthony Veder's Coral Energy, the Skangass time chartered ship, at the Fluxys LNG Terminal in Zeebrugge, marking the first Skangass loading at Zeebrugge under the recent agreement between Skangass and energy company Eni.   


Two Mooring Tugs Delivered to NSW

Photo: Damen

Nakilat Damen Shipyards Qatar (NDSQ) has delivered two new Qatari-built mooring tugs to towage operator Nakilat SvitzerWijsmuller (NSW).   The delivery of the two ASD 2810 tugs is part of a seven-vessel order that the yard is currently working on for NSW


New Hybrid Tug Joins Multraship Fleet

Photo: maritimephoto.com

Dutch towage and salvage specialist Multraship has welcomed into its fleet Multratug 28, an energy efficient hybrid Damen ASD 2810-type tug with FiFi 1 firefighting capabilities.   Damen’s ASD 2810 Hybrid is a new design, and this is the second of its class to be built


Lerwick Sees Cruise Season Boom

Lerwick Harbour gets set for the boom in cruising shipping

  Lerwick Harbour’s cruise season launches at the double this week, with the arrival of the first two vessels of the year on Wednesday (18 March), bringing 1,850 passengers to Shetland. En route from Andalnes, Norway, to Torshavn, Faroe


Hansson Sees Positive Outlook for NAO

Photo: NAO

Nordic American Offshore Ltd. (NAO) executive chairman, Herbjørn Hansson, has increased his ownership in the company, purchasing an additional 50,000 NAO shares with his son, Alexander, yesterday at about $7.83 per share.   In a letter to NAO shareholders






 
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