Greece-based Onex Elefsis Shipyards announced that it will allocate up to $400 million, over a 15-year period, to purchase and finance the operation of the Elefsina Shipyards, west of Piraeus.The Greek shipyard said that the US investment firm Chatsworth Securities has agreed with it to make an investment, as part of efforts to save the complex from bankruptcy.
Happy 80th birthday Maritime Reporter & Engineering News! Eighty years is a significant publishing and business accomplishment!Birthdays always cause a look back. An 80-year review starts in 1939, the close of one very challenging decade, the start of events still reverberating today. History’s most important history is contained in the last 80 years.Energy dominated every one of those decades.
The first shipment of liquefied natural gas (LNG) has sailed from Shell’s Prelude floating LNG (FLNG) facility offshore Australia, Shell announced Tuesday alongside its joint venture partners INPEX, KOGAS and OPIC.This shipment from the world’s largest floating producer of LNG, located 475 kilometers northeast of Broome in Western Australia
As the global marine industry aggressively moves to reduce emissions from ships, and Norway in particular has thrown down the gauntlet of zero emission cruise ships in certain fjords along its scenic coast, Norwegian cruise ship operator Hurtigruten has signed a 7.5-year deal to buy liquefied biogas (LBG) made from dead fish and other organic waste to help power its vessels.
The international law firm Watson Farley & Williams (WFW) advised Bremen-based Breakbulk shipping line Zeaborn Group (ZEABORN) on its acquisition of Claus-Peter Offen Tankschiffreederei (CPO Tankers).ZEABORN acquired CPO Tankschiffreederei from the Offen Group, which specialises in the management of oil and product tankers.
Health officials for the Caribbean island of St. Lucia furnished 100 free doses of measles vaccine to a Church of Scientology cruise ship placed under quarantine in port after the highly contagious disease was diagnosed on board, the island's chief medical officer said on Thursday.St.
Tim Protheroe, with more than 40 years of industry experience, was tapped to head North American activities for Bureau Veritas Marine & OffshoreProtheroe was officially named Regional Chief Executive, Marine & Offshore, North America, providing leadership in the United States and Canada.
As of 31 December 2018, the two-containership order for Matson is approximately 95% complete. On 31 October 2018, Philly Shipyard delivered the first vessel (Hull 029) in the two-containership order for Matson. Philly Shipyard continued to idle certain operations and impose layoffs due to the lack of new orders after the Matson project.
Hurtigruten orders third hybrid-powered expedition cruise shipGrowth in the global cruise sector continues, as Hurtigruten, the world’s largest expedition cruise operator, signed an MOU with shipbuilder Kleven Verft AS for the construction of a third hybrid-powered expedition cruise ship. Tom Mulligan, Maritime Reporter’s Science & Technology writer, reports from Norway.
Norwegian shipping company GC Rieber Shipping has completed the process of redelivery and sale of the icebreaking research vessel 'Ernest Shackleton' to the new owner Istituto Nazionale di Oceanografia e di Geofisica Sperimentale (OGS).The redelivery of the vessel from British Antarctic Survey (BAS) marked the end of a nearly 20-year relationship between British Antarctic Survey and GC Rieber
Italian Prime Minister Giuseppe Conte on Wednesday dismissed press reports saying that the government was considering a possible merger between state-owned defense group Leonardo and shipbuilder Fincantieri."We are absolutely not thinking about mergers. There is nothing of the kind, nothing on the table. I've been informed about these press reports that quote government sources.
Bureau Veritas has appointed Matthieu de Tugny as Executive Vice-President, Bureau Veritas Group to lead the Marine & Offshore Division (M&O).He will be a member of the Bureau Veritas Group Executive Committee reporting to Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas.Matthieu de Tugny succeeds Philippe Donche-Gay as the head of Marine & Offshore.