BAE Systems, VT Group in Talks About Combining Shipbuilding Ops
According to reports, shipbuilding companies BAE Systems PLC and VT Group PLC are in talks about merging their naval shipbuilding businesses into a new UK shipbuilding giant.
Fog Halts Houston Ship Channel Traffic
Reuters reported that ships were halted from moving along the 53-mile (85.3 kilometer) Houston Ship Channel to the busiest U.S. petrochemical port on Thursday due to dense fog, said the U.S.
Chevron LNG Plan Advances
According to reports, Chevron Corp. cleared a hurdle in its quest to develop the multibillion-dollar Gorgon LNG project off Australia's western coast after agreeing…
Stealthgas Acquires LPG Newbuildings
Stealthgas has entered into an agreement to acquire two contracts for LPG carriers under construction, the M/V Gas Flawless and the M/V Gas Haralambos, for a total consideration of $46m.
Teekay Announces Pricing of Initial Public Offering
Teekay Offshore Partners L.P. announced that it has priced its initial public offering of 7,000,000 of its common units at $21.00 per unit. The 7,000,000 common…
Raytheon Completes DDG 1000 Deckhouse Integration Design
Raytheon Company, which has operations in Marlboro, has completed the Delta Interim Detailed Design Review for the DDG 1000 Integrated Deckhouse and Apertures (IDHA) element…
Stena Atlantica to be Named in Dubai
The ice-classed oil tanker, Stena Atlantica, will be named in Dubai. The vessel has been built in compliance with Swedish/Finnish Ice Class notation 1 A, meaning…
IMO to Review MSDS Regulations After IBIA Intervention
THE International Bunker Industry Association (IBIA) has presented a paper to IMO’s Maritime Safety Committee (MSC) advising that current proposals relating to the…
USCG – Certificate of Discharge to US Merchant Mariners
The US Coast Guard proposes to change the Certificate of Discharge to Merchant Mariners from a booklet format using carbon copies to one that can be downloaded from the Internet.
Diana Shipping Files Shelf Registration Statement
Diana Shipping Inc. announced that it has filed a shelf Registration Statement pursuant to which up to $423,525,000 of securities may be offered from time to time by the Company and up to 8…
General Dynamics Awarded $6.3m Contract
General Dynamics Advanced Information Systems, Inc. Fairfax, Va., is being awarded a $6.3m cost-plus-fixed-fee, firm-fixed-price, indefinite-delivery/indefinite…
Aker Drilling Confirms Rig Contract with Aker Exploration
Aker Exploration AS has confirmed a contract for the company's drilling unit, which is scheduled to be operational in October 2008. This is an important contract…
Wärtsilä and Becker to Develop Propulsion Systems
Wärtsilä and the German company Becker Marine Systems have entered into an agreement on the optimization of ship propulsion systems. Becker Marine Systems has annual…