DryShips says SEC probe in Kalani episode ‘ongoing’
Multiple subpoenas to George Economou company now disclosed in filing of owner’s quarterly earnings.
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October 2018
Cautious Consolidation for OSV Companies Brings Market Change
Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen.Offshore services, exploration and production are on a roll. In early October, yet another business combination of big drillers was …
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Deltamarin, Elomatic to Design Second Global Class Cruise Ship
Deltamarin and Elomatic, both from Turku Finland, have signed a significant agreement with MV WERFTEN Wismar GmbH for the basic and detail design of a second Global class cruise ship. The value of the contract is approximately €16.5M ($18.7…
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MacGregor Signs LOI with CSSC
MacGregor and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent (LOI) on strategic cooperation. The LOI was signed on October 29, 2018 at an executive level meeting in Beijing led by Lei Fanpei, the CSSC Chairman and Michel van…
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Pirate Whaler Seized and Destroyed
EU NAVFOR military personnel seized an active Pirate Action Group (PAG) whaler and destroyed it on Sunday, October 28, 2018This followed a sustained period of surveillance after a piracy attack was conducted against the Hong Kong-flagged Bulk Carrier K…
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