Transocean Inc. Update On Fleet Contract
Transocean Inc. announced that its report of drilling rig status and contract information covering the company's 140-unit offshore drilling fleet has been updated as of January 8, 2008.
Rolls-Royce Quarterly News
In the final quarter of 2007, Rolls-Royce continued to expand its global capability, with strong performance in the marine and offshore sectors. The offshore marine…
Crowley Promotes John Ara
Crowley Maritime Corporation announced that John Ara has been promoted to vice president with responsibility for the company's Atlantic/Gulf Coast commercial and marine operations business.
CNO Embarks on U.S. Shipyard Tour
Chief of Naval Operations (CNO) Adm. Gary Roughead left the Pentagon, Jan. 7 on an eight-day trip to visit private and public shipyards throughout the U.S. As detailed in the 2007-2008 CNO Guidance…
This Day in Naval History - Jan. 09
1861 - Union steamer Star of the West is fired on by the Confederates in Charleston Harbor. 1918 - The Naval Overseas Transportation Service is established to carry cargo during World War I.
Maersk Line Reorganizes New Strategy
Maersk Line, the container shipping division of the A.P. Group, announces the details of its new strategy to drive the turnaround of the business and return to sustainable profitability.
Lockheed, Northrop Asked to Pay For Bad Boats
The U.S. Coast Guard has asked a joint venture of Lockheed Martin Corp and Northrop Grumman Corp to pay $96.1 million for eight patrol boats that it modified, but that cannot be used.
US Coast Guard Slaps Fine on Barge Owner
According to pacificnewscenter.com, The United States Coast Guard filed three notice of violations (NOV) and imposed penalties amounting to $8,000 against the owner…
Growth Forecasted for the China Shipbuilding & Repairing Industry
According to BusinessWire.com, China's shipbuilding industry kept a fast growth in the first three quarters of 2007, and a variety of indicators refreshed the record.
Dongkuk Seeks Consortium to buy Daewoo Shipbuilding
South Korea's Dongkuk Steel seeks a consortium with other steel makers to buy Daewoo Shipbuilding and Marine Engineering, which has a market value of $9.4 billion.
Wait for Work at Marystown Shipyard Could Soon Be Over
The industry and political leaders in the area will say the community’s shipbuilding future is built on more than just the federal government’s plan to construct…
Hyundai Engineering Falls on Concerns of Sale Delay
Hyundai Engineering & Construction Co., fell the most in almost five months in Seoul on concern Korea Development Bank may delay selling its stock in the company…
Construction of Cable System in Africa
According to allafrica.com, the construction of the 42650 ft. Sea Cable System connecting the South and East Africa countries of South Africa, Mozambique, Madagascar…
ISE Awarded New AUV Development Contract
International Submarine Engineering Ltd was awarded a development contract in December, 2007 by Cybernetix S.A. of Marseille, France. Autonomous Underwater Vehicle (AUV) platform, known as SWIMMER.
Superior Energy Appoints New Executives
Superior Energy Services, Inc. announced that Patrick Zuber has been appointed Executive Vice President, International Sales, and Charles Hardy has been named Executive Vice President…
Liberia Sets Ship and Tonnage Records
The Liberian Registry celebrated the end of 2007 having achieved a major milestone in its history when its vessel count reached 2,665 and its aggregate gross tonnage peaked at 82,165,902.
ISS Delivers XLX ROVs
Oil and gas specialists Integrated Subsea Services (ISS) will deliver the latest versions of ROVs. newly launched Triton XLX ROVs, manufactured by Perry Slingsby Systems (PSS).
ASA Respond to Suken Tugboat
Two members of the American Salvage Association (ASA) salvaged a sunken tugboat in Port Arthur, Texas on December 31, 2007. The 600-ton capacity derrick barge, owned by one ASA member…
IPC and Ashdot Port Launch Patrol Boat
According to port2port.com, Israel Ports Development & Assets Company Ltd. (IPC) and Ashdod Port Co. launched last week a new fast patrol boat at the port which…
Aquarius Russian Cruise Ship
Aquarius cruise ship from Russia is coming into operation in 2009. Vodohod Russian River Cruises has recently launched a revolutionary project. The company started…