Global Marine Q1 Earnings Hit By Rig Downtime
Global Marine Inc.'s first quarter earnings before taxes have been cut about $5.2 million by rig downtime, company officials reported. They added that it will take…
Moody's Ups Newport News
Moody's Investors Service upgraded the senior unsecured debt rating of Newport News Shipbuilding, Inc. (NNS) to Ba1 from Ba2 to reflect the company's improving operating and cash flow performance…
Harland And Wolff Jobs At Risk As Cunard Chooses French Yard
More than 1,700 jobs are at risk at the Belfast birthplace of the Titanic after Cunard Line decided to build the Queen Mary II cruise liner at a French shipyard.
Spanish Shipbuilder Gets Tanker Contract
Oil and gas group Repsol-YPF had awarded the construction of three liquid natural gas tankers to Spanish state shipbuilder Astilleros Espanoles. The order is reportedly worth $579.4 million.
BP Amoco Grants Project To Coflexip Stena Offshore
Coflexip Stena Offshore has reported that its Norwegian entity, CSO Norge, has received a letter of intent from BP Amoco for engineering, construction and installation…
U.K. Government To Bolster Harland and Wolff Bid
Britain has pledged to help save the historic Belfast shipyard Harland and Wolff, which built the Titanic, from going the same way as the ill-fated liner. The shipyard…
Lockheed Martin Wins Up To $287 Million
Lockheed Information Systems has been awarded a $287 million contract with options for continued production of the Consolidated Automated Support System (CASS) - the U.S.
NASSCO Awarded $230 Million Contract
National Steel and Shipbuilding Company (NASSCO), was granted a $230 million contract to build its eighth large, medium-speed RoRo vessel per the U.S. Navy's Strategic Sealift Program.
Raytheon And Samsung Collaborate On Bridge System
Raytheon Marine and Samsung Industries have entered into a cooperative agreement to meld key components of Raytheon's Integrated Bridge System into Samsung's Naru 2000…
Litton Integrates Marine Ops In New Company
The consolidation of marine industry assets in the U.S. has taken a rather unique twist, as Litton Industries — with a strategy of becoming the marine industry's…
The Erika oil spill - using the incident to positive effect
Oslo-based INTERTANKO is well regarded for its work with government and international regulatory bodies in ensuring that rules and regulations pertaining to the design…
Japan: Advanced procedures sustain industry in turbulent markets
Japan retains its perch atop the world commercial shipbuilding heap, although its position grows increasingly precarious with the continued emphasis on shipbuilding…
New Surface Cleaning Process Saves Navy On Maintenance
The paint department at Pascagoula, Miss.-based Ingalls Shipbuilding has developed an innovative method of accomplishing business in surface preparation and painting process — saving the U.S.
3.MAJ Delivers Innovative Tanker
Croatian-based shipyard, 3.MAJ Brodogradilište, delivered the first of a contracted four-part tanker series this past August. Named M/T Margara, the 71,345-tdw oil…
Alert in Valdez Harbor
Crowley Marine Services recently accepted the delivery of Alert — the first of a trio of new 140 ft. (42.6 m), 10,192-hp Prevention and Rescue Response Tugs (PRT's)…
WindShip Technology Promises Fuel Savings
The task of designer ships, which are increasingly fuel efficient as well as environmentally friendly, is the marine industry's constant challenge, today and forever.
Bollinger opts for Oracle
In tying its eight diverse facilities together with a state-of-the-art information system, Bollinger Shipyards plans to recoup monetary and efficiency rewards far…
Washburn & Doughty: Developing New Process To Meet Changing Needs
Washburn & Doughty Shipyard of East Boothbay, Maine is preparing to launch Tracy Moran, the fourth in a series of six Z-Drive Tugs under construction for the Moran Towing Corporation of Greenwich…
Riverboat Casino Ratings Buoyed by Regulations, Demand
The operators of many of the riverboat casinos along the Mississippi and Ohio Rivers are likely to enjoy smooth sailing as growing demand, limited new supply, and…
STN Extends DESO Range
STN Atlas Marine Electronics has expanded its DESO range of survey echosounders with its Atlas DESO 300 — a new portable unit — designed for operation aboard small…