Milaha launches first Iraq run
Qatar owner starts feeder service to Umm Qasr.
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Austal Acquires ElectraWatch
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.
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ABS Issues First MPD-rReady Notation
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…
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Ardmore’s first quarter loss hits mark
Product tanker owner strikes sales-leaseback deal to boost liquidity as market turnaround remains in offing.
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Thoresen Thai confirms supramax buy
Thai owner pays $14m for Japanese bulker.
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