Exmar Avoids Loss by Selling Vessels

Belgian shipowner Exmar reported a $28 million net profit for the year 2017, on IFRS, compared to $40.4 million in 2016. The Nicolas Savery-led shipowner said that despite the drop, the result [...]

Emas Offshore’s PSV Charter Terminated

Singapore’s Emas Offshore has received a notice from Marina Aquata Shipping to terminate the bareboat charter for one of its leased platform supply vessels (PSVs). The offshore services provider [...]

CARENA Acquires New Dock

The Compagnie Abidjanaise de Réparation Navale et de maintenance industrielle (CARENA), subsidiary of the Bolloré Group and the SOFIA Group, just acquired a 3rd dock, enhancing the operational [...]

Twin Disc Rolls Out New HP500 PTO

Twin Disc begins an impressive 2018 by introducing its fourth new rugged and reliable Power Take Off. Built to deliver serious muscle where other PTOs would falter, the hydraulically-actuated [...]