RBS Sells $600 Mln of Shipping Loans, Orix Among Buyers
Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio as part of efforts to exit the sector, sources…
First into Montreal gets Gold-Headed Cane
The President and CEO of the Montreal Port Authority (MPA), M me Sylvie Vachon, today presented the Gold-Headed Cane to the…
Harley Marine Names Two ATBs
Harley Marine Services has named two articulated tug and barge (ATB) units currently under construction at Gunderson Marine (barges) and Conrad Shipyard (tugs), respectively.
US Coast Guard Provides Security for Trump Inauguration
U.S. Coast Guard units and partner agencies provided waterside security for the 58th Presidential Inauguration in Washington D.C., Thursday.
Bahri Profits Fall
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, made a net profit of 327.8…
Africa, Asia Join Efforts for Anti-Piracy Information Sharing
A meeting in Singapore (11-12 January) has seen African and Asian countries join efforts to promote greater networking and…
Subsea 7 offer for Seaway Heavy Lifting
Subsea 7 S.A. announced that one of its wholly owned subsidiaries has made an offer to acquire the 50% shareholding in Seaway Heavy Lifting Holding
Rotterdam Offshore Expands Operational Capabilities
As of January 2017, Rotterdam Offshore Group has started to upgrade their facilities in the Waalhaven, Rotterdam.
Royal IHC launches DEME’s LNG-powered TSHD
The launch ceremony of DEME’s 7,950m3 dual fuel trailing suction hopper dredger (TSHD) –SCHELDT RIVER – took place on 14 January at Royal IHC's
HMS Global Maritime Appoints Jaenichen as Chief Operating Officer
HMS Global Maritime, owner and operator of the American Queen Steamboat Company as well as 85 other U.S. flagged vessels