Scorpio Tankers Inc. announced that it has closed the previously announced merger with Navig8 Product Tankers Inc. (NPTI). As consideration, Scorpio has issued 55 million shares of its common stock to the holders of NPTI’s common shares or 19.7% of the current 279…
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New Container Scanner System for Colombo Port
A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60, state…
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Survey Vessels Hit the Charts
Training to ‘fight and win at sea’ occurs across the Navy every day of the year, but how does that concept map to the hydrographic fleet and their motto ‘diligence and skill’? – step into the world of the Navy’s survey motor launches. HMAS Mermaid…
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Nordic American Appoints New CFO
Nordic American Tankers (NAT) and Nordic American Offshore (NAO) has appointed Bjørn Giaever (50) as Chief Financial Officer (CFO). He is expected to join us later this year and as early as possible. Giaever joins NAT/NAO from the well reputed firm of Fearnley Securities AS with main office in Oslo…
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Tarbit Shipping, Martech Systems Pact to Implement SERTICA
Swedish tanker company Tarbit Shipping has signed a deal with Martech Systems to manage data structuring and implementation of the SERTICA software package from Logimatic on two ships under construction at a shipyard in Turkey. Earlier this year…
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Brunswick Donates to Harvey Relief Efforts
Brunswick Commercial & Government Products (BCGP) said it has donated three boats to the Hurricane Harvey disaster relief efforts in Texas. The 4.7-meter inflatable boats will be operated by first responders and local law enforcement in Texas…
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BOLLFILTER Wins Arbitration over OceanSaver
After four years an arbitral tribunal has fully dismissed OceanSaver AS’ claim for compensation against BOLLFILTER Nordic ApS, Denmark. In 2013, OceanSaver AS initiated an arbitration case in Denmark against BOLLFILTER Nordic ApS, claiming that…
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LGL Brings US-flag RO/RO into Service
Liberty Global Logistics LLC (LGL) said its newest U.S.-flag Roll-On/Roll-Off (RO/RO) vessel, the M/V Liberty Peace, has commenced service. The flag of the vessel was transferred from Norwegian flag by the captain of the M/V NOCC Baltic to Jeffrey M. R...
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Case Study: Fishing Vessel Corrosion Protection
Substance type: Flanges, couplings, panels, etc. Oxifree TM198 is 100 percent environmentally friendly corrosion inhibitor supplied by Corrosion Solutions Norway AS. After a simple pretreatment, TM198 can be applied on structures using an applicator gun.
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Columbia, Marlow Receive Regulatory Approval for Merger
Columbia Shipmanagement and Marlow Navigation announced confirmation of regulatory approval allowing their previously reported intended merger to proceed. The merger brings together two of the shipping industry’s privately owned shipmanagement companies.
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