Havila Kystruten AS (Havila Voyages) has entered into a comprehensive agreement to refinance the company’s outstanding debt totaling EUR 456 million. The agreement provides 15-year financing that ensures predictability and room for maneuvering for the continued operation and development of the coastal route between Bergen and Kirkenes. The new agreement was announced on the Oslo …
Leveraging Odfjell’s worldwide trading platform and Nissen Kaiun’s modern chemical tanker fleet will provide significantly increased flexibility and capacity to the global customer base. “The new JV, named Odfjell Hakata Maritime AS, marks another chapter in the long-standing partnership between Odfjell and Nissen Kaiun,” said CEO of Odfjell SE, Harald Fotland. “Nissen Kaiun controls a …
Derecktor Shipyards announced the delivery of CREST’s DC1, a high-performance offshore crew vessel developed in collaboration with Chartwell Marine and powered by Volvo Penta. Built at Derecktor’s New York shipyard, the 12-metre (40-foot) catamaran is a next-generation platform for offshore energy, research and other commercial operations across the US maritime market. Delivered under contract to …
Leading shipping companies have joined forces to combat ocean plastic pollution through the launch of the Maritime Association for Clean Seas (MACS): a new industry alliance driving measurable reductions in plastic and operational waste at scale. Founded by Seven Clean Seas (SCS), an ocean impact organisation, MACS unites founding members including Berge Bulk, X-Press Feeders …
Maritime leaders unite to tackle ocean plastic with launch of new alliance Read More »
Technology group Wärtsilä will expand its main spare parts distribution centre in Kampen, the Netherlands, by 40% and consolidate nearby leased storage facilities into the Kampen site. This strategic move reinforces the growth of Wärtsilä’s global service business and strengthens its ability to serve customers with greater efficiency. The order intake of Wärtsilä’s service business …
Vard Electro, a subsidiary of the Fincantieri-owned Vard Group, has entered into a three-year service level agreement (SLA) with Aker QRILL Company, a global leader in sustainable krill harvesting. The contract covers a fleet of four krill harvesting vessels and two cargo vessels, ensuring reliable service and support across their operations. A central part of …
Vard Electro signs service agreement with Aker QRILL Company Read More »
To support its customers in the transition from conventional to alternative fuels and to further strengthen the qualification and preparation of the crew supplied to its clients, Marlow Navigation has forged a close partnership with Green Marine, the industry leader in the methanol-as-marine fuel chain. This decision was based on the very successful and tested …
Vard Electro, a subsidiary of the Fincantieri-owned Vard Group, has signed an agreement with the German shipyard Lloyd Werft for the delivery of complete automation and power management systems to a Platform Supply Vessel (PSV) currently being converted into a research vessel. The scope of supply covers the removal of the vessel’s existing automation systems, …
Vard Electro signs contract with Lloyd Werft for conversion project Read More »
Manchester (UK) based Process Flow Intelligence (PFI) is a world leader in non-nuclear density measurement technology with an ever-growing list of installations throughout the global dredging industry and will be exhibiting at EUROPORT 2025. Interested observers may well be aware that PFI is a dredging and mining industry focused spin-out of Industrial Tomography Systems (ITS) …
Einstein vs. Frankenstein: PFI’s new smart meter outsmarts hybrid alternatives Read More »
SMST has secured a new contract from Norwegian shipbuilder VARD for the delivery of two sets of mission equipment to be installed on an additional two of North Star’s newbuild Service Operation Vessels (SOVs). These vessels are part of a long-term charter agreement between shipowner and operator North Star and energy company RWE. SMST previously …
VARD selects SMST mission equipment again for North Star’s new SOV fleet Read More »
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