The German Shipyard Flensburger Schiffbau-Gesellschaft (FSG) has found a new owner. The Norwegian controlled Siem Industries will take over command of the shipyard, including all its employees. Peter Sierk and Frank Bywater, the two Managing Directors of FSG, welcomed these recent developments. “We are very glad about the new perspectives that open up, as a consequence […]
September 26, 2014 | Posted in
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DryShips Inc., an international provider of marine transportation services for dry bulk and petroleum cargoes, through its majority owned subsidiary, Ocean Rig UDW Inc., has reached an agreement with Jiangsu Rongsheng Heavy Industries (RSHI), to cancel the newbuilding contracts for four ice-class panamax bulker vessels, in exchange for the refund of all instalments paid to […]
September 3, 2014 | Posted in
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Trimergo, developer of an ERP software for project-driven companies, will organize a seminar with Bodewes Shipyards for project-based companies in the offshore and maritime industries that are looking for a company-wide ERP solution. The seminar will be held in Apeldoorn, the Netherlands on March 27th. Why are project-based manufacturers different? “Because the demands of the […]
March 3, 2014 | Posted in
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An experienced team of shipping, offshore and finance professionals has announced the intention to establish Maritime & Merchant Bank (“M&M’’) a niche financial institution dedicated to meeting the funding needs of owners active in the shipping and offshore industries, worldwide. The newly formed project company, Maritime & Merchant AS (M&M AS), will file a banking […]
October 4, 2013 | Posted in
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The Ocean Industries concept has been firmly in the spotlight during Nor-Shipping 2013 as Norway’s top three industries came together to attract young talent and share technological know-how. Norway’s importance to world shipping, in part due to the completeness of its maritime cluster, is well known. Less well known is that these industries belong to […]
June 7, 2013 | Posted in
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Focal Marine & Offshore, a Singapore / Shanghai based OSV designer, has received a significant order for their 78m PSV (FOCAL 522) design, amounting up to 10 ships to be built at Xiamen Shipbuilding Industries in China. FOCAL 522 PSV design features 4,000 ton deadweight, 800 m2 deck cargo area, complement of 60 men and […]
May 17, 2013 | Posted in
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Mitsui O.S.K. Lines, Ltd. today announced the conclusion of a contract for a long-term liquefied natural gas (LNG) transport with Osaka Gas Co., Ltd. and Kyushu Electric Power Co., Ltd. As MOL has concluded the contract with Osaka Gas and Kyushu Electric Power, it will soon sign a contract with Mitsubishi Heavy Industries Co., Ltd. […]
May 16, 2013 | Posted in
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Blue North, a sustainable natural resource company crafted for the 21st century, has signed a contract with Dakota Creek Industries in Anacortes, Washington, to build one of the most environmentally friendly and technologically advanced fishing vessels in the world. The innovative “green” boat – which will be completed in the fourth quarter of 2014 – […]
May 8, 2013 | Posted in
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Subsea 7 S.A. today announced that it has signed a contract to build a new heavy construction vessel which will be delivered in 2016. The new vessel will be one of the most capable heavy construction vessels in Subsea 7’s fleet of over 40 ships. She will be deployed globally to meet increasing market demands […]
May 8, 2013 | Posted in
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The U.S. Navy will commission amphibious transport dock ship, Anchorage, in her namesake city of Anchorage, Alaska, May 4, at 10 a.m. (AKDT), during a ceremony at the Port of Anchorage. Anchorage is named in honor of the largest city in Alaska. Adm. Cecil Haney, commander, U.S. Pacific Fleet, will deliver the ceremony’s keynote address. […]
May 2, 2013 | Posted in
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