Ardent Refocuses Strategy, Relocates to Netherlands
Ardent has announced a refocus of its strategy and a relocation of its headquarter.Ardent will refocus its strategy away from decommissioning towards its core business…
UK Navy Warship Captures $4 mln of Drugs in Gulf of Oman
Britain's Royal Navy said on Monday one of its warships had helped to seize a batch of crystal meth worth more than 3.3 million pounds ($4.3 million) from smugglers in the Gulf of Oman.HMS Defender, a destroyer based at Portsmouth, southern England, sent a party to search a suspicious dhow as it conducted reconnaissance in the northern Arabian Sea.Royal marines discovered on the dhow 11 mailbag-sized sacks carrying drugs weighing 131 kg (288 lb) in total…
Pon Holdings 100% Owner RH Marine Group
Pon Holdings announced that it intends to take over Parcom Capital's majority share in RH Marine Group. With this transaction, Pon Holdings will become 100% owner of RH Marine Group. The proposed acquisition is pending approval of competition authorities and involved works councils. The parties involved aim to complete the acquisition before the end of January 2020.RH Marine Group is a holding company consisting of three well-established companies: Radio Holland Group (Rotterdam)…
Baltic Index Falls, Vessel Rates Drop
The Baltic Exchange's main sea freight index continued its losing streak on Monday, falling to its lowest in more than six months as demand across vessel segments dropped.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, fell 20 points, or 1.8%, to 1,103, its lowest since June 17.* The main index was down for a fourteenth-straight session.* The capesize index dipped 4 points…
Chantier Davie Pre-qualified under Canada's NSS
The Government of Canada announced East Coast shipbuilder Chantier Davie has pre-qualified to become the third strategic partner under the National Shipbuilding Strategy (NSS), a long-term, multibillion-dollar program to renew the Canadian Coast Guard and Royal Canadian Navy fleets.Back in May, Canada’s Government announced its intention to add a third Canadian shipyard as a partner under the NSS, and on August 2…
Bourbon Assets Taken Over by Creditor Banks
French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial court had ruled that Bourbon's assets would be transferred to Société Phocéenne de Participations (SPP) from Jan. 2, 2020.SPP is owned by BNP Paribas, Caisse Régionale de Crédit Agricole Mutuel Alpes Provence…
Maersk Outlines Year in Review, Outlook
Steve Felder, Managing Director, Maersk South Asia has outlined the developments in 2019 and what we can expect in 2020:“While the global container demand was lower in 2019 due to weaker growth in the global economy, India witnessed a broad-based slowdown in its import export trade as well after a growth of several years. This is aligned closely with the weaker domestic demand, tight liquidity and…
US Box Ship Rescues Iranian Mariners
A U.S.-flagged merchant vessel Maersk Kinloss rescued three Iranian mariners who had been stranded at sea for several weeks.The Maersk company informed U.S. Naval…
Dead Monkey Found in a Shipping Container
A dead monkey was found in a shipping container in Whāngārei, New Zealand this month.A staff member at BBS Timbers discovered the dehydrated monkey body squeezed between sawn timber packs upon opening the fumigated container, which had arrived from Guyana.The facility alerted Biosecurity New Zealand, which advised how to remove the monkey. A biosecurity officer followed up with an inspection and picked up the body for disposal.The monkey body was in a poor condition.
Damen: New CEO and Structure
Arnout Damen will take over as CEO of Damen Shipyards Group effective January 1, as the the Dutch shipbuilding conglomerate transitions to a new divisional structure, the group announce on Monday.Arnout Damen succeeds René Berkvens, who has been the CEO of Damen Shipyards Group for more than 13 years."We are extremely indebted to René for his commitment as our company's top executive," said Chairman Kommer Damen. “Under his leadership, Damen has grown into a globally operating, leading player.
Eimskip Sells 2 Boxships
The oldest shipping company in Iceland Eimskip has made an agreement to sell two container vessels for USD 3.9 million (EUR 3.5 million).The Icelandic Steamship…
ZPMC Contracts Royal IHC for J-Lay System
Royal IHC, the supplier of equipment, vessels and services for the offshore and dredging markets, has signed a contract with China’s Shanghai Zhenhua Heavy Industries…
BIO-UV in Chinese BWTS Partnership
French ballast water treatment specialist BIO-UV Group has strengthened its global partnership network with Hai Cheung Trading (HCT), a specialist marine equipment…
Vestas Tidal Wind Solutions for Vietnam
Danish manufacturer Vestas Wind Systems has developed a customized solution for a 50 MW intertidal project in Bạc Liêu Province, Vietnam for the local EPC construction company Bac Phuong JSC…
Tekmar Bags Windpark Fryslân Gig
Tekmar Energy, the developer and manufacturer of sub-sea cable protection systems for the renewable energy industry, announced that international marine contractor…
RAL Wins NSFRV Design Gig
Ship and boat designer Robert Allan Ltd has been awarded a contract by the Government of Canada to design a new version of the Near Shore Fishery Research Vessels…
$138M Ok'd for Charleston Harbor Project
US President Donald Trump approved $138 million for the Charleston Harbor Deepening Project as part of the Energy and Water Appropriations Bill in the 2020 Budget.According…
ReCAAP ISC Alerts on Piracy in Singapore Strait
Three ships were attacked by pirates in Singapore Strait early in the morning, and late at night, on Dec 20, said South East Asia piracy watchdog ReCAAP ISC.Of the three ships that were boarded…
RAL Designs 2 New Tugboat Variants for Seacor
Canadian naval architecture and marine engineering services company Robert Allan Ltd (RAL) has been awarded design contracts of two vessel types for Seabulk Towing (a subsidiary of Seacor)…
CMA CGM: Terminal Deal with China Merchants Complete
CMA CGM said on Friday it had finalized an agreement with China Merchants Port Holdings Co.
