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February 01, 2017 Signature of a memorandum of understanding to supply a range of multifuel solutions. Ongoing efforts to reduce the footprint of shipping through ever more environmentally responsible solutions. Total, the world’s fourth-ranked international oil and gas company, and CMA CGM, a leading worldwide shipping group, have signed a

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Company NewsMiddle East and Africa

40m HSC Catamaran Passenger Ferry Launched in China 13 Jan 2017 Incat Crowther is pleased to announce the launch of Shi Zi Yang 7, a 40m catamaran passenger ferry to be operated by Sea’s Young in Hong Kong. Built by Wang Tak, Shi Zi Yang 7 is a 199-passenger ferry

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Company News

30 Jan 2017 New name, same values as venture continues to put safety & quality first Albwardy Marine Engineering and Damen Shipyards Sharjah have officially brought both brands together under one umbrella – Albwardy Damen. The newly-named venture will continue to provide its services with the same values as before

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Company News

30 January 2017 Four new 3300 TEU container vessels being built for the French shipping group, CMA CGM, will feature Wärtsilä Ballast Water Management Systems (BWMS). This is the third series of vessels for which the same owner has selected the Wärtsilä BWMS solution, making a total of ten ships

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COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports) and Qingdao Port International Co., Ltd.(QPI) announced to enter into the Transaction Agreement today, pursuant to which COSCO SHIPPING Ports will make strategic investment in QPI.Taking the proposed New H Share Insurance plan of QPI into consideration,the Subscription Shares will represent approximately 16.82%

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Company News

26 January 2017 CWind, a leading provider of services to the offshore wind industry, announced today that it provided one of its Crew Transfer Vessels (CTVs) to international energy and services company, Centrica. The vessel MPC 19 CWind Alliance supported the Lynn and Inner Dowsing (LID) offshore wind farms operated

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Company News

January 25, 2017 Takes the cooperation planned with Royal Arctic Line to a new level Eimskip has been in negotiations with shipyards in China in relation to building of two 2,150 TEU container vessels. The company has finalized a contract with China Shipbuilding Trading Company Limited and Guangzhou Wenchong Shipyard

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Company News

Jan 25,2017 Wison Offshore & Marine (“Wison”) today announced that the world’s first barge-based Floating Storage and Regasification Unit (FSRU), for which the company provided EPC services for Exmar, has undocked from Wison’s dry-dock in Nantong, China, marking another major milestone for this project. Upon the undocking, topside installation has

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Company News

January 23, 2017 Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today the signing and service of a drawdown notice under a $10.86 million loan to finance the recent acquisition of M/V Alexandros P, the

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Company News

24th January 2017 Fred. Olsen Ocean AS and Teekay Offshore Partners L.P. (Teekay Offshore) have entered into an agreement to develop a new vessel design for the offshore wind market. John B. Andersen, VP Business Development in Fred. Olsen Windcarrier (a Fred. Olsen Ocean company), will lead this new initiative

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