News

The Switch, a power electronics provider for the marine industry, has won a contract to deliver the single drives for shaft ...
Vard has secured a new contract with Taiwanese-based Dong Fang Offshore (DFO) for the design and construction of one ...
Dutch offshore installation firm Van Oord has started scour protection works at RWE Nordseecluster offshore wind farm, ...
The construction of CO2 transit terminal at Port Esbjerg in Denmark has officially started marking another milestone in the ...
An international NGO that intends to deliver humanitarian aid to Gaza by sea said on Sunday it was in talks with Malta's ...
Wallenius Wilhelmsen has acquired the remaining shares in Armacup, bringing the shareholding percentage from 65 to ...
The six largest shipyards in the U.S. formed the American Shipbuilding Association (ASA), a new Washington, D.C.-based industry trade association. The six yards include Avondale, Bath Iron Works ...
Hornbeck's fleet includes a variety of specialized vessels such as Platform Supply Vessels (PSVs), and Multi-Purpose Support Vessels (MPSVs), among others. The fleet is known for its modernity and ...
Whenever the negotiations for the sale of a ship become serious, one or more of the parties to the deal will try to estimate the future value of the ship, the so-called residual value. The ...
In mid-August, Stolt Comex Seaway S.A., a diversified contractor to the offshore oil and gas industry, announced the acquisition, subject to due diligence, of Australian company Drillsupport ...
National Steel and Shipbuilding Company (NASSCO) of San Diego received $436 million in contract awards from the U.S. Navy to build two additional Strategic Sealift Ships. A $265 million contract ...
IMO Performance Standards Performance Standards for ECDIS were formally adopted by the International Maritime Organization (IMO) on November 23, 1995 and issued as IMO Resolution A19/Res.