Novatug Establishes Tugboat Equipment Sourcing Consultancy
Novatug, the Rotterdam-based specialist behind the design of the revolutionary Carousel towing system for tugboats, has established an international tugboat equipment…
General Maritime Corp. Announces 3Q Results
General Maritime Corporation reported its financial results for the three and nine months ended September 30, 2006. The company had net income of $24.0m, or $0.78…
MISC Buys Aframax Tankers
MISC Bhd has bought four Aframax tankers from Japan's Tsuneishi Corp for $260m. The first unit of the 107,500-deadweight tonnage (DWT) tankers will be delivered in 2009…
Wärtsilä Invests in the Steerable Thrusters
Wärtsilä Corporation will invest in the manufacture of steerable thrusters in China and the Netherlands. The investment value is $11m. In China, Wärtsilä will invest…
PPL Shipyard to Build Jackup for Offshore Group Corp.
PPL Shipyard, a subsidiary of SembCorp Marine, has secured a rig building contract worth $155m from Offshore Group Corp. for the construction of a Baker Marine Pacific…
FOE and KNOC in Deal for Drillship
According to Rigzone, Fred Olsen Energy ASA (FOE) has entered into an agreement of intent with the Korean state owned oil company, Korea National Oil Corporation (KNOC) of South Korea…
RTC Acquires Senesco Marine
The North Kingstown-based Senesco Marine, previously known as the Southeastern New England Shipbuilding Corp., has been acquired by Reinauer Transportation Companies LLC…
