Ship Finance Buys Oil Drill, Tanker
The AP has reported that Ship Finance International Ltd., which operates a fleet of about 50 crude oil tankers, said it bought a 2006 jack-up drilling rig for $210m…
Brandal Takes Over as CEO of Aker Kvaerner
Martinus Brandal, former Executive Vice President of Aker ASA assumes the role of president and CEO of Aker Kvaerner, succeeding Inge K. Hansen. Hansen joins Aker…
Fast Ferry Study Enters New Phase
Kitsap Transit will pile sand and gravel on a few beaches in early fall to see how much a passenger-only ferry boat will take away. It’s part of the agency’s attempt…
M/V Columbia Experiences Generator Problem
The M/V Columbia experienced a malfunction in one of its four generators that resulted in a fire while it was transiting Seymour Narrows on Saturday causing the…
Germanischer Lloyd Opens Lab in Hamburg
The examination of metallic materials and failure analysis for the sectors of ship operation systems, civil engineering, plant technology and machinery will now also be offered in Hamburg by GLP…
DPW Looks Ahead to Expansion Drive
According to reports, DP World, on target to achieve 40 percent growth in four years, will spend up to $3b to boost container traffic at the 52 port terminals it currently operates around the globe.
Wärtsilä Unveils New Waterjets
Wärtsilä Corporation introduces a new compact, high-performance waterjet that is optimized for fast vessels. The new Wärtsilä LJX waterjet offers, in comparison with other waterjets available today…
Seadrill Secures Further Employment for Jack-Up
Seadrill has agreed to a new assignment with Premier Natuna Sea BV in Indonesia for the jack-up Seadrill 5. The assignment is for five wells offshore Indonesia and…
Aker Kvaerner Awarded Contract with Frontier
Aker Kvaerner has been awarded a contract with Frontier Drilling USA Inc for delivery of a drilling equipment to the Frontier Peregrine II drillship. The total contract…
Wärtsilä Acquires a German Service Company
Wärtsilä has acquired the German service company INTEC Injectortechnic GmbH. The Hamburg-based company is specialized in fuel injection equipment, providing installation…
CSSC Plans $500m IPO
According to reports, China State Shipbuilding Corp. (CSSC) is making plans for an initial public offering on the Hong Kong Stock Exchange to raise at least US$500 million…
Traffic Continues Transits in Calcasieu Channel
In the Calcasieu Ship Channel, six vessels transited safely into the port and three are expected to transit outbound. The temporary Vessel Traffic Service staffed…
New Hand at Helm of Norfolk Naval
The Daily Press has reported that Capt. Richard Berkey will lead the Portsmouth, Va., yard as Capt. Joseph Campbell heads to the Pentagon. Navy Capt. Richard D.
Esnaad Buys Two Rolls Royce Tugs
The UK based Rolls Royce Group has sold two UT780 tugboats to the UAE's Esnaad, a unit of the Abu Dhbai National Oil Company, according to agency reports. The boats…