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Nordic American Tankers: Increased ownership in Nordic American Offshore

Nordic American Tankers Limited announced today the purchase of 198,624 shares in Nordic American Offshore Ltd. (NAO), increasing the NAT shareholding in NAO from 4,008,764 to 4,207,388 shares or from 17.1% to 18% ownership. The shares were bought in the open market Friday November 28, 2014 at an average price of $12.89 per share. NAO […]

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A very important aspect of passenger shipping is safety

When choosing their summer holidays, many European opt for a cruise, or use a ferry to get where they are going. A very important aspect of passenger shipping is safety. Thanks to EU-funded research, evacuating large passenger ships could be even smoother and safer in future. EU-funded researchers are also helping to design more stable […]

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Voyager Of The Seas completes Bow-To-Stern Revitalization

Royal Caribbean International’s Voyager of the Seas, the largest cruise ship based in Asia Pacific, has just successfully completed her month-long $80 million revitalization bringing guests in the region a variety of first-at-sea features such as the FlowRider surf simulator and Virtual Balcony staterooms. In addition the ship also received a 3D cinema, digital signage, […]

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Maritime security: the Commission takes Spain to court over the security of its ports

The European Commission is taking action against Spain before the Court of Justice of the European Union, because 20 Spanish ports have yet to adopt and implement the port security plan. The main objective of European port security policy is to provide protection for ships and port facilities, as part of the maritime link in […]

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Norwegian Cruise Line Holdings Ltd. has completed its previously-announced acquisition of Prestige Cruises International, Inc.

Norwegian Cruise Line Holdings Ltd. (Nasdaq: NCLH) (the “Company”), a leading global cruise operator, today announced it has completed its previously-announced acquisition of Prestige Cruises International, Inc. (“Prestige”), the market leader in the upscale cruise segment and parent company of Oceania Cruises and Regent Seven Seas Cruises, in cash and stock for a total transaction […]

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Aberdeen Harbour Sponsors Seafarers Centre

Aberdeen Harbour Board has pledged to provide financial support to the Aberdeen Seafarer Centre to the total value of £60,000 over the next three years. Located in the city’s Market Street, the Aberdeen Seafarers Centre opened its doors in December 2011 and now provides support to the more than 100,000 crew members who visit Aberdeen […]

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The Köhlbrand Bridge turns 40

One of Hamburg’s most well-known landmarks has reason to celebrate: For four decades the Köhlbrand Bridge [Köhlbrandbrücke] has been the most important east-west link within the Port of Hamburg. More than 36,000 vehicles, roughly 12,000 of them trucks, use the bridge daily. Approved in 1968 based on a draft by Paul Boué, a civil engineer, […]

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