BC Ferries Vessel Ready After Upgrade
BC Ferries' Queen of Surrey returns to service today on the Langdale – Horseshoe Bay route following a $40m extensive upgrade. The vessel’s extensive upgrade included…
Seadrill Secures Contract for Jack-Up
Seadrill has been awarded a contract by an Indonesian subsidiary of Serica Energy for the jack-up Seadrill 5. The drilling contract includes four wells offshore…
Daewoo Clinches $531m Order
Bloomberg has reported that Daewoo Shipbuilding & Marine Engineering Co., said it has received a $531m order to build container ships for a customer in Panama. The…
Concordia Maritime Signs Contracts with Lukoil
Concordia Maritime has signed two-year timecharter contracts for the V-MAX vessels Stena Vision and Stena Victory with Litasco, a subsidiary of the Russian oil company Lukoil.
NOAA Grants Permit for Sonar Activities
The National Oceanic and Atmospheric Administration (NOAA) issued three key documents June 27 that support the critical international naval exercise Rim of the Pacific…
U.S. Sailor Helps Coordinate Rescue Effort
The U.S. Naval Forces Central Command’s (NAVCENT) command center answered a distress call from the owner of the Indian-flagged merchant vessel Kayana, after the ship sank off the coast of Somalia…
JeffLabs Signs Agreement with Jeppesen Marine
JeffLabs, an affiliate of American Commercial Lines Inc, has signed an agreement with Jeppesen Marine to perform river trials of Jeppesen Marine's navigation software…
Lockheed Martin Team Gets $198m for Construction of LCS
The U.S. Navy awarded a Lockheed Martin-led team nearly $198m for construction of the Navy's third Littoral Combat Ship (LCS). This is the second LCS awarded to the Lockheed Martin team.
Electric Boat Awarded $13m Contract Modification for Sub Work
The U.S. modification for nuclear-submarine work. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the contract modification, Electric Boat will provide design agent…
Raytheon Awarded $218m Subcontract for LPD 22-24
Raytheon Company has been awarded a contract to provide the electronic systems and integration for the next three ships in the LPD 17 class of ships. electronic…
Senators Urge to Boost Navy Budget
The Sun Herald has reported that 16 senators, including Mississippi Republican Trent Lott added their names to the list of lawmakers urging Defense Secretary Donald…
Panama President Approves Canal Expansion
Panama have approved the proposal to expand the Panama Canal. Yesterday, Dr. Ricaurte Vásquez, Chairman of the Panama Canal Authority’s (ACP) Board of Directors…
Report: S. Korea lags China, Japan in Shipyards
According to reports, South Korea fell behind China and Japan in the number of shipyards ranking in the world's top 50 in terms of order backlogs as of the end of May…
Nepline To Buy Double-Hulled Tankers
Reports indicate that Nepline Bhd is actively sourcing for suitable double-hulled tankers for acquisition in order to improve its revenue. Company officials said…
ACL to Present at Coal USA Conference
American Commercial Lines Inc. (ACL) will present at the McCloskey Coal USA Conference at the New York Marriott Marquis Hotel in New York City on June 27. Mark R.
NASSCO Launches USNS Sacagawea
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), today launched the U.S. Navy’s newest resupply ship, USNS Sacagawea (T-AKE 2).
Congresswoman Davis to Receive Award
The American Shipbuilding Association (ASA) announced that Representative Jo Ann S. Davis (R-VA) would be the 2006 recipient of the Herbert H. Bateman Award. This…
Grant to Fund Marine Electronic Highway
The IMO said in a release that a $6.86m grant agreement has been signed with the Global Environment Facility (GEF)/World Bank to fund implementation of the Marine…
Scomi Marine Expects Increase in Revenue
Scomi Marine Bhd expect a 76 percent increase in revenue and net profit in financial year ending Dec 31, 2006, after boosting fleet size and capacity to transport coal, its CFO said.
COSCO to Build $517m Container Ships
Reuters reported that China COSCO Holdings Co. Ltd. would spend $516.8m to build eight container ships. Each ship would be able to carry the equivalent of 5,100 20-ft. containers.
