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  • 2011 September 28 11:50

    Otto Marine AHTS buyer struggles to pay deposit

    The proposed buyer of a $90m anchor handling tug supply vessel from Otto Marine is struggling to come up with the deposit, Seatrade Asia online reports.
    The undisclosed buyer of the AHTS Deepsea 1 signed a letter of intent on 10 August to acquire the vessel with a $9m deposit required within 30 days. This requirement was then extended till 27 September, but the company is still yet to make payment.
    “The company wishes to announce that the buyers are in discussions with the company for an extension of time to pay the deposit. The board of directors of the company is considering its position on this matter,” Otto Marine said.
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2024 November 2

12:30 World's first conversion of large container ship to run on methanol successfully completed
11:52 New offshore platform taps into potential of heavy-oil reserves in China
11:24 HRDD completes desulphurization tower system conversion for a PCTC
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2024 November 1

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16:54 KOTUG International and Maritalia S.A. secure major marine services contract for bp’s Greater Tortue Ahmeyim gas project
16:24 BW LPG takes delivery of vessel BW Chinook from Avance Gas
15:44 HD Hyundai may nearly double shipbuilding capacity in Vietnam
15:24 Samsung Heavy Industries secures $390 mln contract for four Suezmax tankers
14:36 EU imposes duties on unfairly subsidised electric vehicles from China
14:23 Port of Montreal workers at two terminals start new strike
13:41 Chinese ports container volume rises 7.7 % from January to September of 2024
13:22 MOL, COSCO Co-host 6th Shanghai International LNG Shipping Forum
12:43 Global schedule reliability drops to 51.4% in September 2024
12:22 GTT secures technical services contract with Maran Tankers for eight LNG Dual-Fuel Suezmax vessels
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11:28 China's first 'smart factory' for offshore oil, gas equipment fully operational
10:43 Yanmar completes land-based demonstration testing of a hydrogen engine for power generation in coastal vessels
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2024 October 31

18:00 MAN receives multiple orders for MAN B&W G95ME-LGIM Mk 10.5 methanol engines to power a series of VLCV
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16:45 “K” Line Wind Service and Japan Marine United sign agreement for Phase 2 of NEDO’s Green Innovation Fund Project
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14:59 Major fire extinguished at UK nuclear submarine yard
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13:44 Maersk reports Q3 results
12:43 UECC orders four advanced multi-fuel battery hybrid pure car and truck carriers from China Merchants Jinling Shipyard Nanjing
11:39 Japanese сonsortium produces design concept for eco-friendly VLCC
11:12 TMC Compressors bags contract to supply four LNG carriers
10:46 Panama Canal operating costs down 5% in FY2024
09:29 HIF Global and Antarctica21 promote sustainable tourism with e-Fuels

2024 October 30

18:00 East Java Multipurpose Terminal partners with Sinarmas LDA Usaha Pelabuhan
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14:45 Jiaxing Port adds a new sea-river intermodal operation area
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13:08 MOL and Pyxis sign Collaboration Agreement for development and market expansion of electric vessels in Singapore and Japan
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2024 October 29

18:00 The U.S. Environmental Protection Agency announces selections for nearly $3 bln of investments in Clean Ports
17:34 Asyaport becomes first Turkish port to provide shore power to container ships
17:00 Port of Los Angeles awarded $412 million grant from U.S. EPA for zero-emission transformation
16:42 Oil spill occurred during bunkering operations at the Port of Singapore
16:10 World’s first electric hydrofoil ferry line takes off in Stockholm
15:46 Wallenius Wilhelmsen signs five-year, $766 million deal
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13:50 CMA CGM and Marsa Maroc join forces in a joint venture to equip and operate half of the Nador West Med container terminal
13:22 Container volume in Spanish ports up 9.9% in Q3 2024
12:50 Port Houston container volume up 1% to 329,462 TEUs in September 2024
12:11 ClassNK issues approval in principle for new membrane-type LNG carrier without filling limits
11:40 Maersk and Danone partner to reduce the greenhouse gas emissions of seaborne logistics with ECO Delivery
11:12 SAFEEN Subsea launches unmanned vessel for offshore operations