Belgian shipowner Exmar reported a $28 million net profit for the year 2017, on IFRS, compared to $40.4 million in 2016. The Nicolas Savery-led shipowner said that despite the drop, the result has been positively impacted by the sales of vessels includ...
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Fred. Olsen Windcarrier, Seacor Team Up for US Offshore Wind Market
Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation agreement whereby each party will exclusively contribute vessels and marine/insta...
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Emas Offshore’s PSV Charter Terminated
Singapore’s Emas Offshore has received a notice from Marina Aquata Shipping to terminate the bareboat charter for one of its leased platform supply vessels (PSVs). The offshore services provider held by Ezra said that Marina Aquata Shipping terminated ...
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Shipping Industry Sells Out on Paris Agreement
A call by the shipping industry for governments to compromise on ambition ahead of key UN discussions to reduce maritime emissions actually abandons the goals of the Paris agreement, sustainable transport group Transport & Environment (T&E) has said.
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Yang Ming Establishes Regional Center for Mediterranean
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has set up the new regional center in Mediterranean area named Yang Ming(Mediterranean) Marine Services Single-Member Limited Liability Company. The new company will start to provi...
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Christie Thomas New Vice President at Huntington Ingalls Industries
Huntington Ingalls Industries announced that Christie Thomas has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. She will succeed Tom Johnston, who will retire on April 1. Thomas will have overall res...
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CARENA Acquires New Dock
The Compagnie Abidjanaise de Réparation Navale et de maintenance industrielle (CARENA), subsidiary of the Bolloré Group and the SOFIA Group, just acquired a 3rd dock, enhancing the operational capacity of West Africa’s biggest shipyard. With this new d...
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Twin Disc Rolls Out New HP500 PTO
Twin Disc begins an impressive 2018 by introducing its fourth new rugged and reliable Power Take Off. Built to deliver serious muscle where other PTOs would falter, the hydraulically-actuated HP500 boasts an impressive maximum power rating of 373 kW at...
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ASMAR Shipyards Contracts MELCAL for 2 Cranes for Antartica I
Project “Antarctica I”, a modern Antarctic ship for Chile, will be built at ASMAR Shipyard, under commission of the Chilean Navy. The polar class vessel will be the first one of this type built in Latin America and will support the development of scien...
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Shipbuilder HII Names Thomas VP Pricing, Contracts
Huntington Ingalls Industries said that Christie Thomas was promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. She will succeed Tom Johnston, who will retire on April 1. Thomas will have overall responsibilit...
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