Company & People News/C-Suite Interviews
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Ship Design Acquistion

Finland

Private equity investor Vaaka Partners has become the majority shareholder of Foreship, a Finnish company specializing in ship design and engineering.With headquarters in Helsinki, Finland and more...

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Merima partners with Rauma Marine Constructions for ferry projects

Finland

Finnish interior design firm Merima has partnered with Rauma Marine Constructions (RMC) to provide interiors for Wasaline’s and Tallink’s new passenger ferries, which are currently under...

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KN engaged in negotiations regarding operation of LNG terminal in Brazil

Brazil

KN (AB “Klaip?dos Nafta”) says it is negotiating with UTE GNA I Geração de Energia S.A. (GNA) for the provision of operations and maintenance services in connection with GNA’S LNG Terminal, located...

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Vosta Parent ASL Marine Has Outside Auditor Declare Material Uncertainty About Ability Of Business To Continue As A Going Concern

Singapore

Pursuant to Rule 704(5) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Board of Directors of ASL Marine Holdings Ltd. wishes to announce that its independent...

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Bourbon: Banks make takeover offer

France

A company owned by a group of French banks has made a takeover offer for Bourbon Corporation. As we reported earlier, the offshore services giant sought restructuring protection from the Marseilles...

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Cargill, Maersk Tankers and Mitsui collaborate to cut shipping GHG emissions

Moves to cut shipping’s emissions of global greenhouse gases (GHGs) continue to gain powerful support. Today, Cargill, Maersk Tankers and Mitsui & Co said they have established a strategic...

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International Seaways sells 49% stake in Q-Flex quartet to Nakilat

Nakilat (Qatar Gas Transport Company Ltd.) has paid $123 million in cash to take full ownership of four Q-Flex LNG carriers from joint-venture partner New York City headquartered International...

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Dredging & deep sea mining major Royal IHC expands further in Russian market with IGT deal

Netherlands

Following a number of successful projects, Royal IHC (IHC) and the Institute of Geotechnology (IGT) have signed a cooperation agreement that will allow both organisations to better service the...

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DEME’s LNG trailing Suction hopper dredge “Scheldt River,”refueling bunker to bunker in Germany

Netherlands

First LNG ship-to-ship bunkering for our trailing suction hopper dredger ‘Scheldt River’ in Germany. The bunkering was carried out at the Elbe Port in Brunsbüttel by Nauticor’s ‘Kairos’, the largest...

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Royal IHC and Institute of Geotechnology Sign Cooperation Agreement

Netherlands

Following a number of successful projects, Royal IHC (IHC) and the Institute of Geotechnology (IGT) have signed a cooperation agreement that will allow both organisations to better service the...

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Inverclyde shipyard to be bought by Scottish government

United Kingdom

Ferguson Marine is to be nationalised after administrators rejected three commercial bids for the shipyard. The Scottish government, which is operating the firm under a management agreement, is now...

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DEME group completes turbine installation at the Hornsea One Wind Farm in UK

United Kingdom

On 3 October 2019, DEME Offshore’s ‘Sea Challenger’ and crew completed the installation of 174 SWT-7.0 MW turbines on Hornsea One, the world’s largest offshore wind farm.“I am very proud to...

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Damen Hosts Keel-Laying for Hanson’s Marine Aggregate Dredger

Romania

On 3rd October, Damen Shipyards Galati hosted a celebration marking the keel-laying of a Damen Marine Aggregate Dredger (MAD) 3500 for Hanson UK. The event was well attended by representatives of both...

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Arcadis appoints new UK Chief Entrepreneur

Netherlands

Nilesh Parmar has been promoted to the role of Chief Entrepreneur in Arcadis’ UK business. The newly created role will see the Partner work to support clients with the development of “game-changing...

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People on the move – new CFO for Zeamarine

Germany

Kurt K Larsen retiring from DSV; first president for Port of Rosales Consortium; new MD for API Ensenada; Rémi Julien is MGI’s new CEOGermany-based multi-purpose shipping company Zeamarine has...