Oslo-listed Borealis Finance said Thursday it had sold 10 container ships for $203,550,000 in total and that it had informed Nordic Trustee it would prepay $188,000,000 outstanding under its Bond Issue.The company did not say who the buyers…
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Metal Shark Delivers Next-gen Fireboat to Orange Beach Fire Rescue
Shipbuilder Metal Shark has introduced the 38 Defiant NXT, described as a next-generation welded aluminum monohull pilothouse model based on the company’s 38 Defiant platform. The first new vessel, “Fire Boat 2,” has been delivered to Orange Beach Fire...
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Singapore LNG Wants to Extract Chemicals from LNG
Singapore LNG Corp, operator of the city-state's liquefied natural gas (LNG) terminal, is designing a new facility to extract chemicals from the super-chilled fuel, in a project that could help boost the island's energy security.The company…
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WER: Near-term Outlook for Floating Production Systems ‘Very Positive’
The oil and gas sector continues to rebound from the great downturn, though regional surges of Covid-19 have been spooking the market, causing crude prices to be a bit volatile over the past two weeks. But, the near-term outlook remains very positive.
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RFP: Electrical Integrators Sought for Skagit Count All-Electric Ferry
Skagit County Public Works and Seattle-based vessel designer Glosten are seeking proposals from electrical integrators to provide the vessel and shore electrical systems and the automated charging plug for the all-electric ferry design to replace…
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ABB Propulsion for U.S. First Fully Electric Tug
ABB said Thursday it would deliver an integrated electric propulsion system and vessel control technology for Crowley’s pioneering eWolf tug, built for sustainable and safe operations at the Port of San Diego.Upon delivery by Alabama-based shipbuilder ...
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Siem Offshore’s Anchor Handler Secures Charter Extension in Australia
Norwegian offshore vessel owner Siem Offshore has been awarded a six-month extension for the AHTS Siem Topaz in Australia. Siem Offshore shared the news on Wednesday, without disclosing the identity of the client.The Siem Topaz is a low emission anchor...
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Belgian Shipowner, Canadian Fertilizer Firm Set to Build Ammonia-fueled Ship
Belgium-based shipowner Exmar is partnering up with a Canadian fertilizer company to build jointly develop and build a low-carbon, ammonia-fueled vessel which they aim to deploy as early as 2025."Partners for over three decades in transporting ammonia ...
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U.S. Looking at Ways to Compensate Fishing Industry for Offshore Wind Impacts
The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned expansion of offshore wind power in the Atlantic Ocean, according to state and federal officials involved in t...
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EMSA Taps Drone Firm for Long-range Maritime Surveillance Services
Oslo-listed drone company Nordic Unmanned has received a conditional letter of award from the European Maritime Safety Agency (EMSA) for a contract worth up to 20 million euros ($23,75 million).The letter of award is related to fixed-wing RPAS…
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