Jaccar Proposes Bid for Bourbon Shares
Bourbon has been informed of a proposed bid for its shares at a price of 24 euros per share, announced March 16, 2014 by its main shareholder, Jaccar Holdings. This…
Small Ships Should Not be Included in European MRV Regs Say ECSA
The European Community Shipowners' Associations (ECSA) has published a position paper strongly opposing the extension of the scope of the proposed MRV Regulation to include ships of 400 gt or above. The European Commission issued a proposal in June 2013 for a Monitoring, Reporting and Verification Regulation of CO2 emissions from ships calling at EU ports, which lays the foundation for a global measure to reduce CO2 emissions from international shipping.
Otto Marine Send Two AHTS to GoM, One to W. Africa
Offshore marine services firm Otto Marine informs it has obained a total of US$24.9 million in charter contracts for three offshore vessels – Redfish 4, Go Canopus and Go Altair. Redfish 4, an 8,000bhp Anchor Handling Tug Supply (AHTS) vessel equipped with dynamic positioning 2 capabilities will be deployed for work on long term charter in Mexico. Go Canopus, a 10,800bhp AHTS vessel built in 2009 with DP2 technology has been contracted on long term charter, also for work in the Gulf of Mexico.
Navy Destroyer Contracts for HII & BIW
The Navy has announced two separate contract awards for Fiscal Year (FY) 2014 DDG 51 destroyers to Huntington Ingalls Industries (HII) and to General Dynamics Bath Iron Works (BIW). Is being provided funding of $601,990,190 for the FY 2014 DDG 51 class ship and exercised options. The modification also provides $79,400,000 in advanced procurement funding for the FY 2016-2017 ships. Is being awarded a $642…
