“Technically Bankrupt”…Heavy Shipping Poised for Takeovers as Financing Fades
Shipping lines that carry generators and giant trucks for General Electric Co. and BHP Billiton Ltd. are becoming takeover targets amid a lack of funding for
Shipping lines that carry generators and giant trucks for General Electric Co. and BHP Billiton Ltd. are becoming takeover targets amid a lack of funding for
Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announced a stock transaction today. The two companies will create an unparalleled platform for
Queue the cheesy music, we have 26 tugboats loaded on one ship… …And that ship is the 24,500 DWT heavy lift semi-submersible, M/V Fjord. The Fjord
Fairstar Heavy Transport confirmed today that on 3 May 2011 Fairstar had entered into a Shipbuilding Contract with a face value of USD 110 million with China
The board members at Fairstar Heavy Transport had better start polishing up their resumes because Dockwise is about to kick them all out on to the street.
Breda, the Netherlands, Dockwise announced today that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the
Intermarine, a Houston-based international shipping company specializing in project and heavy lift cargo transportation, announced today that Alfred (Al) JV
With onlookers gazing and traffic halted, the Zen Hua 13 heavy lift ship, loaded with four of the world’s largest gantry cranes, made its way up the
Of all the ships in world trade some prefer the sleek lines of a ocean liner while others prefer the mighty aircraft carrier or battleship but both vessels are
Fairstar Heavy Transport N.V. (FAIR) announced today that they have taken delivery of the FORTE, a 216 meter long, 48,000 DWT, DNV-classed heavy lift transport
Not only is Barrow Island, Australia a Class A Nature Reserve, but soon it will be an important LNG export hub from the Gorgon Field, one of the largest
VB 10,000 The Versabar heavy lift vessel, the VB 10,000, was built in a span of 12 months and launched in October 2010 from Gulf Marine Fabricators in
I met up with Andre Goedee, CEO of Dockwise, at the Offshore Technology Conference in Houston last week. Here’s what he had to say… What’s
Dockwise announced today their decision to convert their Type 2* heavy lift vessel, the Black Marlin, to a Type 1 vessel similar to its sister ship, the Blue
Heavy lift and oversized cargo carrier, Jumbo Shipping, confirmed today the order for a second new K-class vessel, with an option on a third, to
How might you get a 45,000 ton, 193-meter long steel tube from one side of the planet to the other? The world’s largest transport ship of course,
The first four container handling gantry cranes for the EUROGATE Container Terminal Wilhelmshaven, Germany’s only deep-water container port, arrived
Recently, two Damen Stan Tugs 2608, the Ibrahim 1 and the Jacques, were shipped from the anchorage of Halong Bay, Haiphong (Vietnam) to Casablanca by the
20,000 metric tons. That’s 98 Statues of Liberty or 10,000 VW Beetles. But when you’re building the world’s largest vessels in the world,
Carisbrooke Shipping took delivery of the first SUPER GREEN 8500 vessel from China’s Jiangsu Yangzijiang Shipbuilding. The vessel was delivered after
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