Search Results for "how to buy ships"

OSV Rescues Four Workers from Burning Platform

By The Maritime Executive

January 5, 2017

[Brief] An oil platform 70 nm south of Grand Isle, Louisiana caught fire in the early hours of Thursday morning, forcing four workers to abandon the facility by "evacuating into the water." The mi...

DryShips Uses Newfound Liquidity to Buy VLGCs

By The Maritime Executive

January 5, 2017

DryShips, investor George Economou's publicly-listed bulker firm, announced Thursday that it would make a new foray into gas carriers with a $334 million deal for up to four newbuild VLGCs. The arrang...

EIA Forecasts Rising LNG Exports

By The Maritime Executive

January 5, 2017

On Thursday, the U.S. Energy Information Administration (EIA) published its Annual Energy Outlook for 2017, one of the most closely watched long-term forecasts for the petroleum, gas, coal and renewab...

Naval Strategy: Restraint Rather Than Hegemony

January 5, 2017

[By Mina Pollmann] Barry Posen is Ford International Professor of Political Science at MIT, Director of the MIT Security Studies Program, and serves on the Executive Committee of Seminar XXI. In hi...

Konecranes Completes Acquisition of Terex

By The Maritime Executive

January 5, 2017

On January 4, Konecranes announced that the acquisition of Terex Material Handling & Port Solutions (MHPS) was complete. The deal involved $595 million and €200 million ($212 million) in cash and 19.6...

Malaysia: Shipowners to Pay Bond for Spill Cleanup

By The Maritime Executive

January 5, 2017

Each of the two ship owners involved in Tuesday's container ship collision in Malaysia have been ordered to pay a RM1 million ($223,000) bond to the government to clean up the resulting oil spill....

American Club Publishes Centennial History

By The Maritime Executive

January 5, 2017

The American P&I Club was founded in New York nearly a century ago. To celebrate its first 100 years, a book entitled The American Club: A Centennial History has just been published. The book tells...

Countering the Container Ship Glut

By The Maritime Executive

January 5, 2017

Shipping consultant Dynamar has released its latest edition of Top 25 Container Liner Operators highlighting the lack of orders for ultra-large container ships in 2016. Are there too many too big ship...

Samsung Wins $1.3 Billion Offshore Facility Order

By The Maritime Executive

January 5, 2017

On Thursday, Samsung Heavy Industries announced that it has won the contract for a $1.3 billion floating production unit, or FPU, with capacity for 110,000 barrels per day of oil. It marks the first m...

Towing Vessel Inspection Bureau Acquires Marine Auditing Firm

By The Maritime Executive

January 5, 2017

Towing Vessel Inspection Bureau (TVIB) is excited to announce its acquisition of Quality Auditing, LC, effective December 31, 2016. This purchase strengthens TVIB’s three-fold mission of providing wor...

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