Nordic American Tankers Announce Public Offering
Nordic American Tankers Limited announced commencement of a public offering of $87 million aggregate amount of common shares pursuant to the Company's effective shelf registration statement.
Additional $50 Million Approved for Savannah Port Deepening
The $50 million in additional port deepening funds proposed by Georgia Gov. Nathan Deal has been approved by the state legislature and now awaits the governor’s signature.
StealthGas Plans to Capitalize on U.S. Gas Exports
Athens-based StealthGas (GASS) Inc. redeployed tankers as far as 13,500 miles to capitalize on record U.S. exports of liquefied petroleum gas, Bloomberg.com reported.
Drydocks World Launches Global Offshore Services
Drydocks World announced the launch of its Drydocks World - Global Offshore Services arm at a special ceremony organized at Dubai Maritime City, the new business units located in Fujairah and Dubai Maritime City and Drydocks Dubai. This Division has at its disposal technical teams to be mobilized at short notice to service vessels at distant offshore locations and well-equipped workshops in the Emirates of Dubai and Fujairah to offer support services.
U.K. Shipyard Returns to New Ship Construction
Cammell Laird Shiprepairers & Shipbuilders Ltd. returns to shipbuilding with the construction of two RoRo car ferries at its yard in Birkenhead, Merseyside. Building to the account of Western Ferries (Clyde) Ltd. the new ferries will replace two aging ferries in a four-vessel fleet that Western operates on a 2.2-nautical mile crossing of the Firth of Clyde. The new ferries will be based on designs of two ferries built in 2001 and 2003 which were recognized as being of optimum capacity…
Bourbon Chooses PC Maritime ECDIS
PC Maritime’s Navmaster ECDIS has been ordered for Bourbon’s latest generation IMR (Inspection, Maintenance and Repair) vessels being built in Zheijiang shipyard, China. Four dual Navmaster ECDIS have been supplied, with a further five Bourbon Evolution 800 to be equipped this year and in 2014. Operating a fleet of 458 vessels, Bourbon is a major player in the offshore marine services market. The first vessel equipped…
Centrica Energy Delivers First Production
Gas production has begun from the Rhyl gas field in Morecambe Bay, helping to secure the future of 400 North West jobs and boost energy security for the U.K. The Rhyl field, located 39km off the coast of Barrow, was first discovered in 2009 and is wholly owned and operated by Centrica Energy. Gas from Rhyl will be produced through Centrica Energy’s existing North Morecambe platform, then come onshore to its Barrow terminal complex by pipeline for processing.
Sustainable Ocean Summit Final Program Available
The SOS 2013 program will take on the issues that are challenging access to ocean areas and resources by responsible industry operators. Click here to see the program. This global gathering of the diverse ocean business community is not a conference to discuss the issues, enjoy some networking and hope someone else will do something. The SOS is a working meeting to advance industry leadership and collaboration on shared ocean sustainability risks and opportunities through WOC programs.
National Hyperbaric Center Join Hands with Unique System FZE
Unique System FZE, a Unique Maritime Group company which is an integrated turnkey subsea and offshore solution providers signs a joint venture with the National Hyperbaric Center (NHC) to launch a training center and training courses in the UAE. The National Hyperbaric Center (NHC) provides expertise and services to the Subsea industry and pressure-related industries and has been involved in the diving industry for over 25 years through the provision of training…
Major China Shipbuilder Seeks Military Orders
Chinese shipbuilding giant, China Shipbuilding Industry Corp (CSIC) makes debut at Malaysia defense show. The China Shipbuilding Industry Corporation (CSIC) recently…
US Navy Awards Lockheed Martin Substantial EW Contract
U.S. Navy awards Lockheed Martin US$57-million contract to upgrade electronic warfare (EW) ship defense system. Under this low-rate production contract for Block…
Second Australia Floating LNG Project Planned
Exxon Mobil plans to develop a floating liquefied natural gas project to develop the Scarborough field off the coast of Western Australia. Exxon, whose partner in…
Conference to Follow Up President's Port Investment Push
The upcoming Infocast presented 'Port & Intermodal Finance & Investment Summit' will be hosted & sponsored by the Port of Miami, FL. President Obama recently…
Nordic American Tankers Offer Shares
The company is to offer $87 million aggregate amount of common shares to the public to help fund its expansion programme. The Company's Chairman and Chief Executive Officer, Mr.
LNG Carrier Chartered by UK-Japan Partners
London-based NYK subsidiary NYK Energy Transport (Atlantic) & GDF Suez time charter the LNG carrier 'Grace Barleiria' for 4 years. Grace Barleiria has been operated by NYK since her delivery in 2007.
ROV Support Vessel Sold by Otto Marine
Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 50-million. Upon completion of the sale, the buyer will charter the vessel to the Ottto Marine Group subsidiary, Go Marine Group Pty Ltd. The company has received a deposit of US$1 million from the buyer for the transaction with the balance to be paid upon delivery of the vessel, which is being built at the Otto Marine shipyard in Batam, Indonesia.
Japanese Tsunami Dock Removed from Olympic Coast
Crews from The Undersea Company of Port Townsend, Wash. have removed the 185-ton dock that crossed the ocean following the March 2011 tsunami. NOAA contracted with The Undersea Company to remove the dock from the remote wilderness coast in the Olympic Coast National Marine Sanctuary and the Olympic National Park and work began on March 17. "This operation was challenging-imagine opening up a 185-ton…
'Rena' Owners Prefer to Leave Wreck on Astrolabe Reef
Heavy fuel oil on board the wrecked container ship is expected to leach out over time, but the ship's owners and insurers would prefer to leave it where it is. No decision had been made on leaving Rena on the reef, but draft assessments have been distributed for stakeholder and regional council review. Meanwhile the Maritime New Zealand order for full wreck removal remains in place, reports the Bay of Plenty Times.