Shaw Takes the Helm at ASRY
Andrew Shaw has taken up his new position as chief executive at ASRY, ship and rig repair yard in the Arabian Gulf. Effective January 4, Shaw will lead the firm as it enters its 40th year of operation. He re-joins the company after previously holding the position of general manager of the ASRY Offshore Services division from 2009 to 2014. Shaw has more than 25 years experience in the global maritime industry. He was most recently group managing director for 2.5 years at a U.K.
Forum Delivers 350th RT Torque Machine
Forum Energy Technologies, Inc. said it has designed, manufactured, tested and delivered its 350th rotational torque (RT) torque machine to TAM International, a globally recognized downhole inflatable packer leader. The torque machine, or bucking unit as it is commonly referred, was manufactured at the Forum AMC facility in Aberdeen, U.K. This represents the sixth unit that TAM has purchased from Forum in three years…
Morandi to Head GustoMSC’s Houston Office
Dr. Alberto Morandi has been appointed to the position of General Manager of GustoMSC’s office in Houston. He will be responsible for running the office and will…
Boston Ship Repair Wins Navy Contract
Boston Ship Repair LLC, Boston, Massachusetts, is being awarded a $17,244,435 firm-fixed-price contract for a75-calendar day shipyard availability for the regular…
Eruonav: Sale and Leaseback of Four VLCCs
Euronav NV (NYSE: EURN) entered into a five-year sale and leaseback agreement for four VLCC vessels with investment vehicles advised by Wafra Capital Partners Inc., a private equity partnership.
Asia Dry Bulk-Capesize Rates Firm as Weather Delays Weigh
Brazil-China rates climb to a 15-month high; about 80 capesize, panamax ships waiting to unload around Tianjin. Freight rates for large capesize dry cargo ships…
Teekay Declares Dividend
Teekay Corporation (Teekay or the Company) (NYSE:TK) announced that its Board of Directors has declared a cash dividend on its common stock of $0.055 per share for the quarter ended December 31, 2016.
Megastar's First LNG bunkering at Skangas Pori Terminal
To be completed at the Meyer Turku shipyard in late January, Tallink’s new liquefied natural gas (LNG) powered fast ferry M/S Megastar was bunkered with LNG for…
Criminal Proceedings Against ST Marine Employee
On 12 September 2011, Singapore Technologies Engineering Ltd (ST Engineering) announced that the Corrupt Practices Investigation Bureau (CPIB) was investigating…
EMGS' Vessel Utilisation Soars
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines…
Wärtsilä Repowers Italian Ferry
The Italian ferry company Moby S.p.A has chosen Wärtsilä to carry out the repowering of its passenger ferry MV Moby Zaza, the final vessel in a series of repowering…
Polferries, Sup4Nav Ink Navdec system Deal
The Navdec system designed to improve safety of passengers and freight and aimed to support navigators in collision situations was tested on board the ferry m/f Wawel and m/f Mazovia in 2016.
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