Siemens Fits Out Italian Submarines
The Marine Engineering Subdivision of Siemens Industrial Projects and Technical Services Group (ATD) is fitting out two submarines for the Italian Navy with propulsion…
NASSCO Awarded U.S. Navy Contract
National Steel and Shipbuilding Company (NASSCO) was awarded a $1.5 million study contract for the first phase of the U.S. Navy's Auxiliary Dry Cargo Carrier T-ADC(X) Program.
R&B Falcon Completes Project Financing
R&B Falcon Corporation announced that Deepwater Drilling II, owned by affiliates of R&B Falcon and Conoco, has concluded a $270 million project financing. All proceeds…
Newport News Appoints Stabler
Newport News Shipbuilding named Scott Stabler to the position of vice president, assembly; and the retirement of George Wade, vice president of assembly, test and trades.
Tidewater Elects President
Tidewater Barge Lines, headquartered in Vancouver, Wash., has appointed Stephen A. Frasher as president and COO. Frasher, who holds an MBA from New York University…
Keppel Hitachi Zosen To Buy Selected Businesses
Keppel Hitachi Zosen Limited (KHZ) has agreed to purchase the shiprepair/shipbuilding and related businesses of Keppel Marine Industries Limited (KMI) for $167 million in cash.
Hvide Marine Announces Voluntary Chapter 11 Filing
Hvide Marine Inc. has submitted a voluntary Chapter 11 filing in the U.S. Bankruptcy Court in Delaware. This filing allows Hvide to operate its businesses in a regular…
Mack Power To Market Diesel Engine
Mack Trucks will market its premier 12-liter diesel engine, the E7, as a power source for various industrial and marine market applications. The company's newest business unit…
OSL Forms Ballast Systems Alliance
OSL Offshore Systems & Deck Machinery has formed a business alliance to manufacture and supply turnkey ballast systems for offshore drilling and production rigs.