Deepwater Offshore Cuba Peaks Oil Major's Interest
Four European oil firms are reportedly negotiating with Cuba to carry out deep-water exploration of the island's Gulf of Mexico waters, and at least two are likely to sign contracts early next year…
ABS Creates 'One-Stop Shop' for Rig Certification
As the offshore market, particularly in the Gulf of Mexico, continues to heat up, news from Dallas heralds a new era of ensuring safety and efficiency. ENSCO International…
Schlumberger Launches Second Deepwater Stimulation Vessel
Schlumberger has affirmed its commitment to the deepwater market with launch of the DeepSTIM II - the second in a new line of advanced stimulation vessels for deepwater service.
Great Boats of 2000
Every year, MarineNews chooses a handful of vessels delivered in the past 12 months and bestows upon them the distinction of “Great Boats.” The boats are chosen for innovations in design…
Tidewater Reorganizes Management
Tidewater Inc. announced that, effective immediately, Cliffe F. Laborde, Larry T. Rigdon and Dean E. Taylor have been promoted to the level of Executive Vice President.
Manitowoc Acquires Marinette
The Manitowoc Company, Inc. has finalized its previously announced agreement to purchase Marinette Marine Corporation. Marinette was acquired for approximately $48…
Hvide to Add Two New Boats
Hvide Marine Incorporated has made an agreement to purchase two modern 152-ft. crewboats from Crewboats, Inc. The purchase price for the two vessels, which will…
Tugz Florida Franchise Is Pending
Following months of intense scrutiny, financial due diligence, background checks and equipment review, Ronald C. Rasmus, president of TUGZ International, LLC, is…
Tugz Florida Franchise Is Pending
Following months of intense scrutiny, financial due diligence, background checks and equipment review, Ronald C. Rasmus, president of TUGZ International, LLC, is…
USN Awards Litton $338.2M Contract
Litton Ingalls Shipbuilding won a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis guided missile destroyer for the United States Navy.
General Dynamics Gets $661M Contract
U.S. military shipbuilder General Dynamics Corp. said the Navy had awarded it an additional $661 million to complete the construction of the next two ships in the…
Crowley to Acquire Marine Transport
Crowley Maritime Corporation and Marine Transport Corporation jointly announced that Crowley has agreed to acquire all of the outstanding shares of Marine Transport Corporation for $7 per share.
Halter Gets Second PCTC Order
Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine…
Bollinger Signs Deal With Incat to Build Fast Craft
In a move that signals the long-awaited fast craft boom in the United States is about to begin, Bollinger Shipyards, Inc., Lockport, La., and Incat Australia Pty. Ltd.
Northrop Grumman to Acquire Litton Industries for $80 Per Share Cash
Northrop Grumman Corp. and Litton Industries have jointly announced that they have signed a definitive agreement under which Northrop Grumman will acquire for cash…
LMS Selected To Supply For Navy Gunboats
Litton Marine Systems (LMS) won a contract to supply navigation radars for four new Hellenic Navy gunboats. The contract was awarded to Litton by Thomson-CSF Signaal…
Crowley To Acquire Marine Transport Corporation
Crowley Maritime Corporation and Marine Transport Corporation jointly announced that Crowley has agreed to acquire all of the outstanding shares of Marine Transport Corporation for $7.00 per share.
Keppel FELS' Subsidiary Gets FPSO Conversion Job
Halliburton Productos Ltd. Production Storage and Offloading facility (FPSO). This contract, once it is finalised, will be a major step for FELS Setal, as the last…
Wärtsilä Enjoys Good Success With Sulzer RTA84T's On Large Tankers
For the year 2000, Wärtsilä Corporation reports that 24 Sulzer RTA84T low-speed diesel engines with an aggregate power output of 713.4 MW (970,800 bhp) have been…
Passenger Ship Sinks Off Virginia, Crew Rescued
A Panamanian-flagged ship carrying a crew of 34, but no passengers, sank off the coast of Virginia on Sunday after its engine room flooded, a U.S. Coast Guard spokeswoman said.