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.
All of the major global recycling markets remain in turmoil for yet another week, with very few offers forthcoming (matching the near invisible number of units currently available for recycling), in addition to an utter lack of confidence from Recyclers across all locations that any sort of recovery is quite clearly not in the ropes anytime soon.
OceanGate Expeditions has announced Inmarsat as the satellite service provider for the 2022 Titanic Survey Expedition. Inmarsat’s Fleet Xpress high-speed satellite service will enable OceanGate Expeditions’ at-sea crew to instantly connect with scientific and operational resources anywhere in the world and to share important findings immediately while enhancing safety for the entire operation.
Mobile satellite communications provider Inmarsat has reached an integrated connectivity agreement with Norwind Offshore, a Norwegian offshore wind vessel owner established in 2021.The agreement covers connectivity and digitalization needs for three Service Operation Vessels (SOV) operated by Norwind.
The law governing marine insurance in the United States has long been a source of considerable confusion. And if there was once a clear set of principles applicable in such cases, the Supreme Court long ago muddied the waters with their infamous ruling in Wilburn Boat Co. v. Fireman’s Fund Ins. Co., 348 U.S. 310 (1955).
Mobile satellite communications provider Inmarsat has secured a contract with the Norwegian offshore support vessel owner Golden Energy Offshore to provide its three-in-one network service Fleet LTE, to meet the needs of vessel charterers, crew, and operators.Using Fleet LTE, three Golden Energy Offshore support vessels will be able to switch between Fleet Xpress (Ka-band)
Annapolis, Md. boatbuilder Ocean Craft Marine (OCM) said it is preparing to deliver a custom-designed high-performance boat to the National Oceanic and Atmospheric Administration (NOAA) Office of Law Enforcement (OLE), Pacific Islands Division headquartered in Hawaii.The boat is a 9.