Domestically Built FPSO Launched in Shanghai
China's first-ever homemade 300,000 tonnage FPSO (floating production storage and offloading) vessel was successfully launched on Dec. 8 in Shanghai. The vessel…
Navy Christens USNS Alan Shepard
Military Sealift Command (MSC) advanced auxiliary dry cargo/ammunition ship USNS Alan Shepard (T-AKE 3) slides backwards into San Diego Bay during a christening…
Aker Kvaerner Awarded Contract with ConocoPhillips
ConocoPhillips has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services on the Norwegian Continental Shelf.
S. Korea's Shipbuilders Exceed $30b
According to Korea Herald, South Korea's top three shipyards won stronger-than-expected shipbuilding orders worth over US$30 billion in the first 11 months of the year on strong contracts…
TOP Tankers Posts $11M 3Q Loss
The Greek ship maker’s revenues grew 41 percent from $50 million to $70.6 million in compared to the same period a year ago. While revenue increased, it failed to…
Green Light for Offshore LNG
Stuck at the wrong end of North America's natural gas pipelines, Massachusetts has relied on boatloads of liquefied natural gas to supplement pipeline gas for more than 30 years.
VLCC Rates Start to Strengthen
According to reports, there are mixed messages being transmitted around the tanker market. The threat of further cuts in crude production by Opec is being brought…
Barge Owners to Investigate Accident
Reports said that the owner of the tugboat and barges that struck the Queen Isabella Memorial Bridge’s pier protective system and a concrete pillar along the Intracoastal…
Bureau Veritas to Make Improved Offer for GL
Bureau Veritas is preparing an improved offer for presentation later this week to the shareholders of Germanischer Lloyd, as it pushes ahead with its plan to combine…
Salvors Complete Scheldt Double Salvage Op
Salvage and towage company Multraship, working with Antwerp-based URS Salvage & Maritime Contracting, has completed two salvage operations in the River Scheldt over a period of fewer than 24 hours.
ConocoPhillips Approves 2007 Capital Budget of $12.3b
ConocoPhillips approved 2007 cash capital expenditures of approximately $11.8b. Combined with about $0.6b for loans to affiliates and a $0.6 billion contribution…
Fincantieri Marine Systems Completes Testing of Axe Engine
Fincantieri Marine Systems North America, Inc. has completed final sea trials and propulsion engine testing at the homeport of Morgan City, La. of the United States Coast Guard’s cutter Axe.
GlobalSantaFe Announces Update to Fleet Contract Status
GlobalSantaFe Corporation reported that its drilling rig status and contract information has been updated as of Dec. 6, 2006. The drilling rig status and contract…
Coast Guard Assists Tug in Distress
The Coast Guard rescued five people on a disabled tug boat approximately five miles South of the South Padre Island jetties last night. A Coast Guard crew from Station…
Iveco Motors Diesel Engines Available in Henriques Yachts
Iveco Motors of North America, Inc., a Fiat Powertrain Technologies (FPT) company, proudly announces an agreement to supply their NEF 400, Cursor 550 and Cursor…
Derecktor’s Bridgeport Facility Signs Contract for Sister Vessel
sister vessel to Warbaby Fox, the 124-ft. catamaran passenger ferry delivered this past summer to theGovernment of Bermuda. The 350-passenger BMT Nigel Gee design…
NASSCO Starts Construction of Sixth T-AKE Ship
General Dynamics NASSCOannounced the start of construction on the sixth dry cargo-ammunition ship in the U.S. Navy's T-AKE program. The ship is scheduled to be delivered…
Northrop Grumman Names Williams Sector VP
Northrop Grumman Corporation has appointed Dave Williams sector vice president of engineering for its Ship Systems sector. Williams joined Northrop Grumman Ship Systems in 1988.
TOP Tankers Reports Financial Results
TOP Tankers Inc., announced its operating results for the third quarter and nine-month period of 2006 and restatement of first, second quarter and first half of 2006 unaudited financial statements.
CNOOC in Teams up with F&G
China National Offshore Oil Corp (CNOOC) will tie up with US engineering design firm Friede & Goldman to develop China's first deep-water semi-submersible drill platform.
