Overseas Shipholding Completes Financing

Tuesday, August 24, 1999
Overseas Shipholding Group, Inc. has reportedly completed a $170 million financing related to its U.S. flag Alaskan tanker fleet. The financing represents a securitization of the receivables arising from the charters of five of its U.S. flag crude vessels to Alaska Tanker Company.

Shipbuilding

COSCO Delivers PSV and Two Jack-up Rigs

Cosco (Dalian) Shipyard Co., Ltd., a subsidiary of its 51 percent owned Cosco Shipyard Group Co., Ltd., has delivered two jackups to the Foresight Group of companies

MN100: All American Marine, Inc.

The Company: All American Marine Inc. was founded in 1987 and specializes in the construction of custom tailored aluminum boats from 30 to 150 feet LOA. Today,

ACE Winches Bags Order from Vard

Deck machinery specialist ACE Winches said it has been awarded a spooling contract with Vard Group AS for Norway’s largest construction vessel.   The scope of work includes the spooling of two 3,

 
 
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