Wood Group to acquire Amec Foster Wheeler [Finance]
Oil-field services company John Wood Group said Monday it will acquire rival company Amec Foster Wheeler in a £2.23bn ($2.73bn) all-share deal. The boards of Amec Foster Wheeler and Wood Group announced that they have reached agreement on the...
2017-03-15 07:27:02
Subsea 7 acquires Seaway Heavy Lifting [Offshore]
Subsea 7 S.A. announced the acquisition, from K&S Baltic Offshore (Cyprus) Limited, of its 50% shareholding in Seaway Heavy Lifting Holding Limited (Seaway Heavy Lifting). Following signing and completion, after close of business on 10 Mar...
2017-03-15 07:25:20
Odfjell adds two more newbuildings from Japan [Shipbuilding]
Odfjell SE announced the conclusion of long term bareboat charter agreements for two additional chemical tankers with stainless steel cargo tanks. The Company also exercised purchase option for one existing vessel. The agreements are in line with...
2017-03-15 07:23:20
Strategic Marine secures two further ferry orders [Shipbuilding]
TRIYARDS Holdings Limited (the “Group”) announced that it has clinched contracts worth US$20.64 million for the fabrication of two passenger ferries. The order wins for two passenger ferries have been secured by Strategic Marine, a wholly ...
2017-03-15 07:22:07
New GEA structure set the course for cruising industry [Shipbuilding]
Cruise passenger numbers are booming all over the world. With the new structure, GEA has developed the key advantage in a rapidly growing and demanding market. By combining different expertise GEA is able to offer customers a broader product port...
2017-03-15 07:19:38
Van Oord orders first LNG-powered crane vessel [Shipbuilding]
Netherlands-based Van Oord has recently ordered the construction of a new crane vessel. This vessel, which will be named Werkendam, will be Van Oord’s first LNG-powered vessel. It will generally be deployed to Netherlands-based projects exec...
2017-03-15 07:17:28
Bolideck Glow puts ‘wow’ factor on deck [Equipment]
Bolidt has launched a unique and ‘world-first’ glow-in-the-dark decking solution for the cruise industry whose luminosity by night harvests solar energy stored during the day. The decking and flooring expert has released Bolideck® Glow to...
2017-03-15 07:15:02
Chartworld plans to order NB BC from China [Shipbuilding]
Chartworld Shipping turns out to have been having talks with Chinese shipyards for building Kamsarmax bulker. According to industry source and TradeWinds, the Greek shipowner is particularly coming in contact with China's largest privately-run...
2017-03-15 07:10:44
CMA CGM delays delivery of boxship trio [Shipping]
CMA CGM of France has recently released its business results for 2016 and the fourth quarter of the year, conveying that the delivery of three vessels in the company's newbuilding program for 2017 has been delayed. CMA CGM explained that the d...
2017-03-15 07:10:08
Supports for HHIC-Phil decided [Finance]
It has been decided to carry out paid-in capital increase and debt-equity swap for Hanjin Heavy Industries & Construction's Subic shipyard (HHIC-Phil).  According to the Asia Business Daily, a Korean press, creditors of Hanjin conveye...
2017-03-15 07:09:08
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