Shearwater GeoServices brings 10th vessel into active operation as marine seismic acquisition market gains traction

Shearwater GeoServices brings 10th vessel into active operation as marine seismic acquisition market gains traction

Shearwater announced yesterday that the company will have a total of 10 vessels in operation for the 2019 northern hemisphere summer season. This extensive fleet is brought into operation on the back of solid backlog and …
May 22, 2019 /  Vessels
Cosco Shipping to acquire 5 units from Singamas Container Holdings

Cosco Shipping to acquire 5 units from Singamas Container Holdings

Shipping giants, China Cosco Shipping Co. will be acquiring 5 Chinese units from Singaporean rivals Singamas Container Holdings as the global container shipping market undergoes further consolidation. Caption: …
May 14, 2019 /  Curious
Wärtsilä strengthens its UK service support with the acquisition of Ships Electronic Services Ltd

Wärtsilä strengthens its UK service support with the acquisition of Ships Electronic Services Ltd

The technology group Wärtsilä strengthens its service offering by acquiring Ships Electronic Services Ltd (SES), a UK based company specializing in navigation and communication electronics, installation, …
May 3, 2019 /  Vessels
Standard Drilling to acquire one large size Norwegian-built Platform Supply Vessel

Standard Drilling to acquire one large size Norwegian-built Platform Supply Vessel

Through its wholly owned subsidiary Wanax AS, S.D. Standard Drilling Plc., will acquire the Havyard 832 PSV vessel Olympus. All terms have been agreed and there are no further conditions. The Vessel is a large PSV, built …
Apr 25, 2019 /  Vessels
Navios Maritime Acquisition Corporation Announces $103.2 million Sale and Leaseback Transaction

Navios Maritime Acquisition Corporation Announces $103.2 million Sale and Leaseback Transaction

Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE:NNA), an owner and operator of tanker vessels, announced today that it has completed a $103.2 million sale and leaseback transaction (Transaction) for …
Apr 18, 2019 /  Finance
Matson Receives New Cranes - Acquisition part of $60Mln investment in Honolulu terminal improvements

Matson Receives New Cranes - Acquisition part of $60Mln investment in Honolulu terminal improvements

Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has received three new 65 long-ton capacity gantry cranes at its Honolulu hub terminal at Sand Island. The biggest ship-to-shore container cranes to be …
Apr 17, 2019 /  Curious
Golden Ocean acquires 15% ownership interest in Singapore Marine Pte Ltd.

Golden Ocean acquires 15% ownership interest in Singapore Marine Pte Ltd.

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (Golden Ocean) today announced that it has acquired a 15% ownership interest in Singapore Marine Pte Ltd. (Singapore Marine), a dry bulk freight operator sponsored by …
Apr 11, 2019 /  Finance
Nordic American Offshore Ltd. Announces Completion of Vessel Acquisition and Sale of Common Shares under Equity Line of Credit

Nordic American Offshore Ltd. Announces Completion of Vessel Acquisition and Sale of Common Shares under Equity Line of Credit

Nordic American Offshore Ltd. (NAO) announced today that it has completed the previously announced acquisition of thirteen vessels from Scorpio Offshore Holdings Inc. for 8,126,219 common shares at $2.7774/ share. In …
Apr 11, 2019 /  Finance
Kongsberg completes Rolls-Royce commercial marine acquisition

Kongsberg completes Rolls-Royce commercial marine acquisition

Innovative and proven design, propulsion and handling systems extend Kongsberg Maritime’s ‘The Full Picture’ portfolio with unified solutions for sustainable, safe and secure marine …
Apr 2, 2019 /  Curious
Navios Maritime Acquisition Corporation Announces the Sale of One VLCC for $21.75 million

Navios Maritime Acquisition Corporation Announces the Sale of One VLCC for $21.75 million

Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE: NNA), an owner and operator of tanker vessels, announced yesterday that is has sold the oldest vessel of its fleet, the C. Dream, a 2000-bult VLCC for …
Apr 2, 2019 /  Vessels