Prosafe further extends Cosco standstill deal
Talks between Jesper Kragh Andresen-led floatel owner and Chinese yard over delivery of two units hit third delay.
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April 2018
TORM Orders MR Tanker Trio at GSI
Danish ship owner TORM exercised options for the construction of three MR newbuildings at Chinese shipyard Guangzhou Shipyard International (GSI) for expected delivery in 2019 through first quarter of 2020. The three newbuilds will cost $93 million.
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FLIR Helps Keep One of Canada’s Largest Ports Safe
As Canada’s second largest container port and North America’s fastest growing port for transpacific trade, the Port of Prince Rupert in British Columbia is committed to providing mariners with safe, efficient and productive port operations.
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Macquarie, Goldman Sachs to Buy HES International
Infrastructure funds managed by Macquarie and Goldman Sachs have agreed to buy Dutch port terminals operator HES International from owners Riverstone and The Carlyle Group, they said on Tuesday. Terms were not disclosed. Reuters reported in…
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Lessons Learned from the El Faro Casualty
The U.S. Coast Guard has issued an alert informing operators of the role that the main propulsion lube oil system was found to have played in the 2015 sinking of U.S. cargo ship El Faro. All 33 crew on board died when the 790-foot El Faro sank…
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