News

Frontline Ltd. announces that the restructuring of Frontline has been approved by the Board of the Company and will in the next few days be

The country’s first comprehensive plan for developing the shipbuilding and ship repair industry was among the announcements made by Malaysian Prime Minister Najib Razak on Tuesday in Langkawi.

Polarcus Limited announces that the Company has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI.

Partners in the VLCC Pool will be MITSUI O.S.K. LINES, LTD. / PHOENIX TANKERS PTE. LTD., A.P. MØLLER – MÆRSK A/S (Maersk Tankers), SAMCO SHIPHOLDING PTE. LTD

As part of its expanding research programme, Eco Marine Power Co. Ltd. of Fukuoka, Japan announced today that it has begun development of an Unmanned Surface Vessel

Huntington Ingalls Industries, company’s Ingalls Shipbuilding​ division, has been awarded an advance procurement contract for work on the U.S. Navy’s third Zumwalt-class destroyer,

TGS announces that it has signed a letter of award with Dolphin Geophysical to charter the 12 streamer new build vessel, M/V Polar Duchess, for 3D multi-client projects in Europe during the 2012 summer season.

On November 26, the pipe-laying vessel ZHONG YOU HAI 101 left the Port of Qingdao. The vessel is expected to arrive at the Shenzhen-Hong Kong

Hyundai Heavy Industries, shipbuilder and an offshore facilities manufacturer, loaded the world’s largest offshore platform onto a barge on December 4.

The European Commission has proposed a new fund for the EU’s maritime and fisheries policies for the period 2014-2020: the European Maritime and Fisheries Fund (EMFF).

Safe Bulkers, Inc. announced that it has entered into a new period time charter for the Pedhoulas Trader, a 82,300 dwt Kamsarmax class vessel, for a duration of 23 to 25 months

France begins construction of the first Mistral-class assault landing ship for Russian Navy, advance has been obtained, reported RIA Novosti referring to a spokesman for the French state-led defense company DCNS.

In the network of the environmental program the enterprise is planning to construct 22 vessels until the year of 2015 at the cost of European Bank for Reconstruction and Development raised funds.

The National Economic and Development Authority (NEDA) has called on the maritime industry to upgrade its standards and implement the sector’s existing plans and strategies.

Pressure on the shipping industry to reduce the air emissions from vessels grows day by day. Regulations to more strictly limit the

Yantai CIMC Raffles Offshore Limited and COSL Drilling Europe yesterday signed the contract for deepwater semi-submersible platform, the COSLPROSPECTOR, in Beijing.

The European Investment Bank​ (EIB) has granted a EUR 240 million loan to IREN S.p.A. to complete the regasification plant in Livorno created by its subsidiary OLT Offshore Toscana.

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN DEMOLITION YARDS

China based ET Solar Group Corp has supplied 2.56MW of PV modules to a green house project located in Cruas, France.

OMNI Group of companies that owns & operates a fleet of 10 vessels announces that it has received two additional offshore support vessels in OMNI’s fleet, Omni Marissa & Omni Stella