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 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, 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 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 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 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".
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
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 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
"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
On July 29, 2016, Eastern Shipbuilding Group, Inc. delivered Oceanus (Hull# 240), the third in series of four identical Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs built for Suderman & Young Towing Company at Eastern’s Nelson Street facility.
Built at BAE Systems’ Jacksonville, Fla. shipyard, the new tug Sea Power has delivered the tug Sea Power to Seabulk Tankers, Inc. to be used to enhance the shipper’s Jones Act coastal operation, powering barges that transport chemical and petroleum products between U.S. ports.
Bouchard Transportation Co., Inc. hosts USCG leadership and managerial skills course at corporate headquarters for tug captains and chief engineers During the weeks of July 18-21, and August 1-4, Bouchard Transportation Co., Inc. partnered with SUNY Maritime College and privately hosted
A keel-laying ceremony was held on August 10 at Great Lakes Shipyard in Cleveland, Ohio for 10 Damen Stan Tugs 1907 ICE. The new Ice Class vessels will be the first tugs to be designed and built to comply with the new Subchapter M Coast Guard regulations
Carl Fredrik Grosland has joined Nordic American Tankers as Vice President, working on analyses, projects and business development. Reporting to Chairman & CEO Herbjørn Hansson in a staff position, he will also work closely with others both in NAT and NAO (Nordic American
Norway's Nordic American Tankers (NAT) posted a net income of $23 million for the second quarter of this year, down 26% year on year from $30.9 million. But NAT is hopeful that Suezmax tanker rates would improve in the second half of the year
Russia’s Pella Shipyard advertises a range of five ASD tugs. Their model 90600 has proven popular with customers returning for sister ships. Currently the yards has one of these handy-sized 25.4 by 8.8-meter tugs under construction for the ship and submarine builder JSC Admiralteiskie Verfi
A challenge for designers or an emergency response vessel is deciding to what type of emergency the boat will respond. The designers at the non-government Marine Engineering Bureau in Odessa Ukraine have fitted a very wide range of capabilities into their 31.73 by 9.7-meter tug
Damen USA office hits the ground running with an order from Young Brothers for four Stan Tugs 3711 Damen Shipbuilding Group has established a permanent presence in Houston, with the August 1 opening of a new office headed by senior managers Jan van Hogerwou (New
The emerging trend of marrying the design of an articulated tug and barge (ATB) to a particular propulsion system to maximize efficiencies of that system has, of late, been taking hold in workboat markets. For example, one recent project involving a dynamic partnership between Bouchard
Robert Allan Ltd. and Sanmar Denizcilik A.S. have reached a milestone in their ongoing relationship: scheduled to be launched later this year, a RAstar 2800 will mark the 150th tug that Sanmar has built to a Robert Allan Ltd. design.
In early June, after a traditional blessing ceremony held in Valparaiso, Chile where SAAM S.A. is based, the company officially puts two more new Robert Allan Ltd. designed RAstar 3200 class tugs Yunco and Huairavo tugs into operation. Representatives of local authorities, the Chilean Navy
Sanmar’s first VSP (Voith Schneider Propeller) tug, of the new VectRA 3000 series, named Arie A has been constructed for Italian operator Tripmare Spa of Trieste. The vessel has been delivered by a Redwise crew to Ashdod Port, located some 40 kilometers south of Tel Aviv where it will operate
At the end of June, two Damen ASD Tugs 2810 set sail from Damen Shipyards Galati in Romania to Puerto General de San Martin (Argentina) for towing, mooring, and fire-fighting operations in the Argentinian region around Rosario on the Paraná river.
Defence and security company Saab has been awarded a contract from the Curacao Ports Authority to install the latest version of Saab’s KleinPort for the Authority’s new Harbor Management System. Curacao Ports will be using KleinPort to manage its multi-harbor operations