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.
Boluda Towage SL on Thursday signed an agreement to acquire Iskes Towage & Salvage's port towage activities in Eemshaven, the Netherlands; Lubeck, Germany; and Lisbon, Portugal, as well as its offshore activities, together with the management and office staff in the head office in IJmuiden, the Netherlands.
Norway-based shipowner Klaveness Combination Carriers said it took delivery of a new combination carrier vessel from the New Yangzi Shipyard in China on Monday.The Baiacu is the sixth in a series of eight contracted CLEANBU combination carriers built for transportation of both wet and dry bulk cargoes.
Venezuela's state-run oil company PDVSA this week began using a new location near La Borracha island in the Caribbean sea for transferring Venezuelan crude from one ship to another for exports, according to tanker tracking data seen by Reuters.PDVSA, whose exports have been hit by U.S.
New Zealand on Friday said it had introduced new requirements for the safe transport of livestock, after a cattle ship capsized in the East China Sea last month, killing almost all its crew and thousands of cows.Only two of the 43 crew members and more than 6,000 cattle onboard the Gulf Carrier 1, which was heading from New Zealand to China, survived
A U.S. safety board on Tuesday called for new safeguards for small passenger vessels following a September 2019 early morning boat fire in California that killed 34 people.The 75-foot (23-m) recreational diving vessel, Conception, with 33 passengers and six crew aboard, was anchored off Santa Cruz Island when it caught fire.
Finnish shipbuilder Rauma Marine Constructions (RMC) revealed it has entered into three major supply contracts worth over €100 million ($117.4 million) in total for the main equipment of Pohjanmaa Class multi-purpose corvettes commissioned by the Finnish Defense Forces.The most crucial contracts for the supply of critical main equipment with long delivery times were signed during spring and
Today’s desalination plants are rugged, durable and highly automated to meet the demands of operators and the crew, enabling them to meet schedule and mission with ample potable water production.In the days of old, marine distilling plants – then mostly steam – relied on archaic flash evaporators, which used steam to heat, power an air ejector
The world’s largest liquefied natural gas (LNG)-powered containership, CMA CGM Jacques Saade, has set a new world record for the most full containers loaded on a single vessel.On her Monday departure from Singapore, the CMA CGM Group’s new flagship was carrying a record 20,723 full containers, according to French shipping company CMA CGM.
A pair of first-of-their-kind passenger vessels installed with all-electric propulsion will bring Niagara Falls sightseers to experience one of the wonders of the natural world undisturbed by exhaust fumes, engine noise or vibrations.The zero-emissions ferries, named the James V. Glynn and the Nikola Tesla
Sri Lanka has allowed a fire-hit supertanker to sail to the United Arab Emirates, where its oil cargo would be transferred to another ship for further supplies to Indian Oil Corp, officials said.The approval for the ship to leave Sri Lankan waters has been given by the maritime rescue coordination center and it is likely to sail towards the UAE, Captain Indika De Silva said.
Nordic American Tankers (NAT) said it has ordered two suezmax newbuilds from South Korean shipbuilder Samsung Heavy Industries, the shipowner's first newbuild orders in four years as slumping shipbuilders lower prices to attract business."The combination of specifications, quality of yard, price