General Dynamics Awarded $661M Contract
U.S. military shipbuilder General Dynamics Corp. said the Navy had awarded it an additional $661 million to complete the construction of the next two ships in the…
Navy Awards Litton $338M Contract
Litton Industries announced that its Ingalls Shipbuilding division has been awarded a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis…
Cole Expected To Arrive At Ingalls Wednesday
The USS Cole, which was severely damaged by a terrorist bomb that killed 17 U.S. sailors and two suicide bombes, will reportedly complete its long journey home on Wednesday.
Rolls-Royce Wins $150M Marine Contracts
Rolls-Royce has won ship design and equipment supply contracts for offshore service and cable-laying vessels, worth approximately $150 million over the last three months…
WCS Buys More Osprey Shares
Oil transportation giant World Shipholding Group bought another 523,000 shares in Singapore's Osprey Maritime Ltd, marginally increasing its stake to 53.08 percent.
Sunken Russian Ship Fined $6.3 Million for Pollution
An Iranian court fined the owner of a sunken Russian ship $6.3 million for polluting the marine environment, Reuters reported. Captain Sakharov, a Russian merchant vessel…
Aker Maritime Trims Kvaerner Purchase Plans
Norwegian oilfield services firm Aker Maritime will take a 17.8 percent stake in Anglo-Norwegian engineering group Kvaerner this month after consulting the European Commission.
Iraq Oil Lifting Remains on Hold
Iraqi oil lifting remained on hold as Baghdad continued to insist on a surcharge for crude sales under the UN's oil-for-food program, industry sources said. A tanker…
ENSCO 7500 Is A Groundbreaker
As the offshore market, particularly in the Gulf of Mexico, continues to heat up, news from Dallas heralds a new era of ensuring safety and efficiency. ENSCO International…
Tugz Florida Franchise Is Pending
Following months of intense scrutiny, financial due diligence, background checks and equipment review, Ronald C. Rasmus, president of TUGZ International, LLC, is…
Wärtsilä´s Orderbook Strengthens
Wärtsilä Corp. has reported a healthy increase in orders for Sulzer RTA-series low-speed engines to be manufactured in the group's Trieste factory in Italy. This…
Halter Gets Second PCTC Order
Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine…
Bollinger Signs Deal With Incat
In a move which signals the long-awaited fast craft boom in the United States is about to begin, Bollinger Shipyards, Inc., Lockport, La., and INCAT AUSTRALIA Pty. Ltd.
