Transocean’s GSF Celtic Sea Awarded Contract
Transocean Ltd. (NYSE:RIG) announced that its moored deepwater semisubmersible rig GSF Celtic Sea has been awarded a three-year contract by an undisclosed customer…
USCG Awards Bollinger 3 Patrol Boat Contract
Bollinger Shipyards, Inc. announced that it was awarded a contract valued at over $142,000,000 to build an additional three Sentinel Class, 154-ft patrol boats, for the U. S. Coast Guard. The initial contract for the design and construction of the lead ship in the class was awarded to Bollinger in September 2008. Under the current contract options, the Coast Guard can buy up to thirty-four patrol boats with Bollinger for a total value of over $1.6b.
Iron Ore Price Surges to New Annual High
The Steel Index (TSI) daily iron ore reference price hit its highest level in 12 months on Dec. 18, reaching $107.4 per dry metric tonne. This reference price, for…
Sher-Release Silicone Fouling Release Coating
A U.S. Navy patented solution, Sherwin-Williams Sher-Release System causes marine organisms to be released from surfaces at slow speeds and light water pressure…
USS Independence, Navy Accepts Delivery
The Navy officially accepted delivery of the future USS Independence (LCS 2) Dec. 18 during a short ceremony in Mobile, Ala. Independence is the second littoral combat ship delivered to the Navy…