Lack of Automation Rules a Major Challenge

Wasaline ferry

Wasaline's Managing Director speaks on the concept of the automated ship.

COSCO Shipyard: Option Contracts for Two PSVs Declared ...

COSCO Shipyard Group Co., Ltd, announced that two option contracts, awarded to COSCO (Guangdong) Shipyard Co. for ...

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CMES Exercises Option for Four Ultramaxes

China Merchants Energy Shipping (CMES), a subsidiary of China Merchants Group, has exercised options to construct ...

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Wallenius Lines Declares Option for Two Post-Panamax Vessels

Wallenius Lines has declared an option for two additional Post Panamax vessels to be built at Tianjin Xingang ...

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DHT Holdings Declares VLCC Option at Hyundai Heavy

DHT Holdings, Inc. has declared its option to construct a VLCC at Hyundai Heavy Industries Co., Ltd. ...

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BW Offshore Exercises Option to Acquire VLCC Blue Opal

BW Offshore has exercised an option to acquire the tanker Blue Opal for USD 83.4 million from Daewoo Shipbuilding ...

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BW Exercises Option for Second LNG FSRU with Samsung Heavy

Singapore-based BW Shipping has exercised an option for a second Liquefied Natural Gas Floating Storage and ...

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NERC Exercises Option on RRS Ernest Shackleton

The Natural Environment Research Council (NERC) declares its first option for a one year extension of the bareboat ...

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TTS Group Gets Option for Two Cranes (Norway)

TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS, been awarded an option of two cranes, ...

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NAO Enters into Preliminary Option Agreement for 7th PSV

Nordic American Tankers (NAT) announced yesterday that the planed purchase of PSV vessels for the newly established ...

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ISH Exercises Buy-Out Option on Integrated Tug/Barge Unit

  International Shipholding Corporation (ISH) announced today that it has completed the purchase of an ...

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Grieg Star Declares Option to Build Two Supramax Bulkers

Grieg Star declared its option to build two more supramax dry bulk vessels. The vessels are the last two ships of a ...

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Cyprus: SeaBird Exploration to Exercise Hawk Explorer ...

SeaBird Exploration Plc announced that it has notified the owner of Hawk Explorer that it will exercise its option ...

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Subsea 7 Declares Option to Extend Contract for ...

Subsea 7 has declared their option to extend the contract for the construction vessel “Normand Subsea” ...

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Statoil Exercises Option for ‘Deepsea Atlantic’

Statoil has exercised a one-year option for use of Deepsea Atlantic from August 5, 2014. Deepsea Atlantic has been ...

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Prosafe Secures Contract Extension and Option Award for ...

Cotemar group has confirmed that Safe Regency has been awarded a contract extension and option through to 31 March ...

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Statoil Exercises Second Option for COSLPioneer

COSL Drilling announced today that Statoil has exercised the second 2 years option in for semi-submersible drilling ...

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Statoil Declares Option for Østensjø’s Tugs (Norway)

Østensjø Rederi announced that Statoil has declared their option for Østensjø’s tugs Ajax, Velox, Audax ...

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Oldendorff Declares Option for Two More Bulkers from ...

Germany’s Oldendorff Carriers has declared the options for further two 36,000 deadweight handysize bulkers from the ...

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PROS, DSIC Offshore to Extend Rigs Option

Prospector Offshore Drilling S.A. announced today that Total E&P UK Limited has acknowledged, by letter, that ...

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Höegh LNG Swaps Ownership Obligation with Option to Buy ...

Höegh LNG and STX Pan Ocean (STXPO) have renegotiated the initial agreement and reached a new agreement whereby ...

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USA: Bouchard Exercises Option for Extra Articulated ...

ST Engineering’s US shipyard, VT Halter Marine, Inc.  today announced that Bouchard Transportation Co., Inc.  has ...

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