Saturday , March 17 2018
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Kirby to acquire Higman Marine for $419m

Higman operates a marine transportation fleet of 159 inland tank barges featuring a combined capacity of 4.8 million barrels, as well as 75 inland towboats. The company uses its fleet to ship petrochemicals, refined petroleum products, crude oil, natural gas condensate and black oil on the Mississippi River System and ...

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Fincantieri to buy 50% share in STX France

Italian shipbuilding company Fincantieri, via its subsidiary Fincantieri Europe, has entered a share purchase agreement to purchase 50% of the share capital in STX France from the French Government for €59.7m. France’s Agence des Participations de l’Etat (APE) is representing the government in this deal, which follows the resolution of ...

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Rolls-Royce to supply battery packs for six offshore vessels

The deal also includes an option for the supply of equipment for two additional vessels. Rolls-Royce has agreed to deliver an energy storage container system (ESSU) and an upgraded ship design engineering package to match the new features of the vessels as part of the arrangement. An upgraded dynamic positioning ...

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GulfNav to buy stake in offshore service provider Atlantic

United Arab Emirates (UAE) based shipping company Gulf Navigation (GulfNav) is planning to buy a majority stake in integrated offshore supply service provider Atlantic Navigation Holdings (Singapore) for an undisclosed sum. The proposed acquisition is expected to help GulfNav to provide key project solutions and offshore services to major oil ...

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