Blank check company swoops on five Wehr Capes
Hunter Maritime Acquisition Corp. has entered into definitive agreements pursuant to purchase five identified Capesize dry bulk carriers in an en-bloc transaction for an aggregate $139.4 million in cash.
Hyundai Heavy sees order intake surge
The world’s largest shipbuilding group reports that it booked orders for 39 ships worth $2.3 billion in the January – April period.
MAN Diesel & Turbo unveils compact SCR for two strokes
With specially developed honeycombs and honeycomb materials, as well as an integrated mixing unit, the overall size of the reactor has been drastically reduced compared to typical market designs.
Songa Offshore uses IoT to track assets on Cat D rigs
Songa Offshore’s objective is to reduce the time needed for shipyard stays for the rigs, which means significant cost savings, and shortened unplanned downtime of each rig.
Frontline to DHT: Spit out the poison pills and listen
“We therefore demand that you immediately halt all efforts to enforce, give effect to or permit, the poison pill arrangements, and that you permit DHT stockholders the opportunity to consider and vote on the offer.”
Saab contracts Polish yard to build ship platform for SIGINT vessel
Nauta Shiprepair Yard Gdynia, Poland, will construct, launch and test the ship platform, which will then sail to Saab’s shipyard in Karlskrona, Sweden for fitting of the signal intelligence equipment and final Sea Acceptance Test.
NTSB reports on why bulker was in $4.3 million allision
The NTSB has issued a Marine Accident Brief on the March 26 allision of a 739 ft Panama-flagged bulk carrier with the Louisiana Sugar Refinery near Gramercy, LA.