Costamare reveals newbuilding deal
Costamare Inc. (the “Company”) (NYSE: CMRE) announced on July 9 the conclusion of shipbuilding contracts and long term charter agreements for five newbuild containerships, as well as the acquisition and chartering of two secondhand containers...
Transas to promote fleet efficiency for Wilson
Transas, a Wärtsilä company, has signed a landmark contract to supply a Fleet Operations Solution (FOS) to Wilson ASA, the Norway-based fleet operator. The FOS creates an infrastructure that includes onboard navigational and communication com...
Havyard wins contract in new segment
Havyard Design & Solutions will be delivering the design for two new cargo vessels for Royal Arctic Line A/S. The vessels will be carrying temperature-regulated containers and general cargo and will be an important part of the infrastructure ...
ClassNK releases Liquefied Gas Carrier Structures guide
Leading Classification Society ClassNK has released its Guidelines for Liquefied Gas Carrier Structures – Independent Prismatic Tanks (Second Edition). The Guidelines specify the technical requirements specifically related to the structural str...
I-Tech sets sights on large-scale production in Europe
To satisfy increasing customer demand for antifouling coatings including Selektope® in the marine market, Swedish bio-technology innovator I-Tech AB plans to evaluate an advanced European manufacturer of active pharmaceutical ingredients and int...
KfW IPEX-Bank finances cruise ship for Carnival
Financing for the world's largest leisure travel company, Carnival Corporation & plc: KfW IPEX-Bank is providing approximately EUR 786 million for the construction of a new cruise ship. KfW IPEX-Bank is handling the entire structuring of the ...
Seadrill announces contract for West Capella
Seadrill Partners LLC ("SDLP" or "the Company") has secured a five well contract with the potential of several option wells with Sabah Shell Petroleum Limited for the West Capella in Malaysia. Backlog for the firm portion of the contract is ...
BW is serious about Dorian
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code “BWLPG”) announced on July 9 that it has increased its all-stock proposal to combine with Dorian LPG Ltd. (“Dorian”) (NYSE: LPG), under which Dorian shareholders would recei...
Sungdong workers call for revival plan
A special commission on the protection of South Gyeongsang shipyard laborers' rights to live urged the management of Sungdong Shipbuilding & Marine Engineering to recant its layoff plan. The commission held a press conference on July 9 in ...
HHI sees united labor union
An united labor union has been emerged in Hyundai Heavy Industries (HHI), putting permanent employees, office workers and subcontractors together. This is the first time for Korean conglomerate to see integration of permanent labor union members ...
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