Shipbuilder Austal USA announced today it has acquired privately held ElectraWatch, Inc. in an all cash stock purchase. Headquartered in Charlottesville, Va., ElectraWatch develops and deploys portable probe devices that help maintain aluminum structures.
Austal Acquires ElectraWatch Read More »
ABS announced it has awarded the world’s first Managed Pressure Drilling (MPD) – Ready Notation to Ocean Rig for the ABS-classed Corcovado and Mykonos deep water drillships.The ABS MPD-Ready notation demonstrates drilling units have the necessary…
ABS Issues First MPD-rReady Notation Read More »
Product tanker owner strikes sales-leaseback deal to boost liquidity as market turnaround remains in offing.
Ardmore’s first quarter loss hits mark Read More »
Thai owner pays $14m for Japanese bulker.
Thoresen Thai confirms supramax buy Read More »
Norden chief Jan Rindbo keeps an eye on trade wars as dry market reaches greater balance.
Dry recovery may involve two steps forward and one back Read More »