American Shipping Company ASA (AMSC) has agreed to acquire the Normand Maximus construction support vessel from Maximus Limited, a company controlled by its secured lenders.In parallel with the transaction, AMSC will enter into a long-term bareboat…
AMSC to Buy Normand Maximus OSCV for $157M. Agrees Charter with Solstad Offshore Read More »
MacGregor, part of Cargotec, said it has been selected to supply equipment for a liquefied natural gas (LNG)-powered RoRo vessel being built by German shipyard Flensburger Schiffbau-Gesellschaft (FSG) for the Tasmanian-based Australian shipping…
MacGregor to Equip SeaRoad’s New RoRo Ship Read More »
Our shipping finance newsletter explores how the Norwegian tycoon’s latest target is in many ways the same tanker owner he first pursued in 2008.
Unnamed aframax sold for $15m as company posts another loss in improving market
Teekay Tankers sells another ship as rates rally Read More »
Underwater foul-release coatings company Propspeed said it has partnered with Marine Protection Systems to educate and provide solutions to prevent corrosion and minimize damage to vessels and the marine biosphere.The insulative properties of…
Propspeed Teams Up with Marine Protection Systems Read More »