Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange.As previously reported, in January this year, lenders took control of the company's vessels after a debt payment default, and decided to sell them and let go all the employees.
New legislation introduced in the wake of the fatal Seacor Power tragedy would require commercial vessel owners to provide timely notifications to crew members’ families throughout search and rescue operations.The Vessel Response Plan Improvement Act was introduced by Sen. John Kennedy (R-La.) after the 234-foot lift boat capsized in the Gulf of Mexico with 19 crewmembers on board last month.
A massive container ship blocking Egypt's Suez Canal for nearly a week has been partially refloated, the Suez Canal Authority (SCA) said on Monday, raising hopes the busy waterway will soon be reopened for a huge backlog of ships.The 400-meter (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday
Suez Canal salvage teams intensified excavation and dredging on Sunday around a massive container ship blocking the busy waterway ahead of attempts to refloat it, with two sources saying work had been complicated by rock under the ship’s bow.Diggers were working to remove parts of the canal’s bank and expand dredging close to the ship’s bow to a depth of 18 meters
At least 15 sailors were missing on Thursday after a Panama-flagged cargo ship capsized in rough seas off Vietnam, Vietnamese state media said.The incident happened off the central province of Binh Thuan when the Xin Hong with 11 Chinese and four Vietnamese sailors onboard was transporting 7,800 tonnes of clay from Malaysia to Hong Kong, Nhan Dan newspaper reported.
Aluminum workboat builder Silver Ships, Inc. said it was awarded an $8.2 million delivery order as a result of being awarded a firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) single award contract by the Naval Sea Systems Command for the construction and delivery of up to 110 Naval Special Warfare (NSW) Surface Support Craft (SSC) and U.S.
NOV announced it has signed a contract to design and equip two wind turbine installation vessel (WTIV) newbuilds for Denmark-based Cadeler. The new vessels will have the largest jacking capacity in the industry and will be able to transport and install seven complete 15 MW turbine sets or five sets of 20-plus MW turbines, NOV said.
Dutch marine and offshore contractor Van Oord has, together with its compatriot Boskalis, secured a contract for deepening of the approach channel and inner harbor at the Harwich Haven in the UK, allowing access to large container ships.The contract valued around 140 million euros ($165 million) and split 50/50 between Van Oord and Boskalis has been awarded by Harwich Haven Authority.
VesselsValue, a company providing valuations and data on a variety of vessels globally, has launched Small Dry as part of Trade offering plus updated Small Dry Values."VesselsValue is pleased to announce [it is] now covering Small Dry Trade as well as having undergone a thorough review and update of their daily automated values," the company said.
The American Pilots’ Association (APA) announced Clayton L. “Clay” Diamond will assume the duties of Executive Director and General Counsel effective January 1.Diamond succeeds Paul Kirchner, who has been APA Executive Director-General Counsel since 1992. Kirchner will continue with APA as Senior Counsel focusing on issues and projects related to State pilotage and international matters.
Mobile satellite communications company Inmarsat said it as secured an an agreement with Clearwater Seafood that commits Canada’s largest vessel-operating seafood company to Fleet Xpress high-speed maritime broadband services.Clearwater Seafood chose to install the Fleet Xpress combination of high speed Ka-band and continuous FleetBroadband backup on board seven vessels replacing Ku-band
Crowley Maritime Corp. has awarded Thomas B. Crowley Sr. Memorial Scholarships to four cadets at the Maine Maritime Academy in recognition of their achievements, the Jacksonville, Fla.-based shipping company announced Wednesday.The honorees earned the scholarships based on their academic performance, financial need and interest in pursuing a career at sea.