DryShips exercises 2nd VLGC option at HHI [Shipbuilding]
DryShips Inc. (NASDAQ:DRYS) (the “Company”), a diversified owner of ocean going cargo vessels, announced on March 6 that it has exercised its second option under the previously announced option agreement to acquire up to four Very Large Gas C...
2017-03-08 07:23:17
KR launches new ICT center [General]
It emerged that Korean Register (KR), an IACS member classification society, has opened a new ICT (information communications technology) Center to dramatically enhance the application of advanced information and ICT across the maritime and ship ...
2017-03-08 07:22:12
DW Monday: Vessel Contractors - Re-shaping for the Rebound [Offshore]
The announcement on the 28th February of EMAS Chiyoda’s bankruptcy is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015. Multiple companies such as Cal Dive, Ceona, Cecon, Hercules Offshore, Harka...
2017-03-08 07:19:21
Vard to care Coast Guard vessels for Norway [Shipbuilding]
Vard Holdings announced on March 6 that it has secured a framework agreement for the maintenance of five Coast Guard vessels for the Norwegian Defence Logistics Organisation. The total contract value is approximately NOK 48 million over a period ...
2017-03-08 07:18:44
DeepOcean snares SURF deal for Foinaven field [Offshore]
DeepOcean informed on March 6 that it had received a call-off under its new Master Service Agreement (MSA) with BP Exploration Operating Company Ltd. The call-off covers the installation of a new flexible water injection riser and the recovery...
2017-03-08 07:17:57
IBM-Maersk make blockchain collaboration [Shipping]
On March 5, IBM (NYSE: IBM) and Maersk announced a new collaboration to use blockchain technology to help transform the global, cross-border supply chain. Ninety percent of goods in global trade are carried by the ocean shipping industry each ...
2017-03-08 07:16:43
Norsafe snares new Polar Code deal [Equipment]
Norsafe has recently conveyed that the company signed a new contract with Damen Schelde Naval Shipbuilding BV to supply its IMO Polar Code compliant Life Saving Appliances (LSA) to an arctic supply and research vessel for the Australian Antarctic...
2017-03-08 07:14:56
COSCO wins new offshore installation vessel [Offshore]
‘Orion’ will feature an unrivalled combination of exceptionally high transport and load capacity, impressive lifting heights and green technology. The vessel will be built at COSCO in China and is set to be delivered in 2019. ‘Orion’ w...
2017-03-08 07:14:01
MAN's online service chosen by Stena Line [Equipment]
MAN Diesel & Turbo announced on February 28 that it has recently signed a contract with Stena Line to provide its online service to two vessels. The ‘Stena Hollandica’ and ‘Stena Britannica’ are both conventional passenger-and-vehicle...
2017-03-08 07:11:57
Rolls-Royce to supply propulsion sets for USCG [Equipment]
Rolls-Royce announced on February 28 that it will provide an extensive range of equipment, including MTU marine generator sets, to a new fleet of U.S. Coast Guard Offshore Patrol Cutters (USCG OPC).   The Rolls-Royce equipment was selected...
2017-03-08 07:07:28
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