Maersk Alabama pirate Abduwali Muse has been sentenced to 405 months in prison for his role in the April 2009 hijacking and hostage taking and in the earlier hijackings of two other ships. In addition…
The U.S. Maritime Administration has awarded contracts totaling $77 million to three companies to operate 10 National Defense Reserve Fleet ships through July 27, 2015.The contracts were awarded to Ocean Duchess Inc. of Houston, Texas…
Transocean Ltd. (NYSE: RIG) reports that a subsidiary has been awarded five-year drilling contracts for two newbuild high-specification jack-up rigs for operations in Thailand for a subsidiary of Chevron Corporation (NYSE: CVX).The five-year drilling contracts…
Classification society ABS and naval architectural firm Herbert Engineering Corp. (HEC) have agreed to form a joint venture company, Herbert-ABS Software Solutions, LLC (Herbert-ABS).  Herbert-ABS will offer loading and salvage analysis software packages as well…
Todd Shipyards Corporation and Vigor Industrial Llc report the completion of the acquisition of Todd by Vigor's wholly owned subsidiary, Nautical Miles, Inc.The acquisition was made based on an offer to purchase and a merger…
VT Halter Marine's parent, ST Engineering (Singapore Technologies Engineering Ltd.) says that the shipyard has been awarded a shipbuilding contract worth about $144 million by Honolulu-based Pasha Hawaii (Pasha).  The ship, which will be operate…
Comments in yesterday's Dagens Næringsliv by the patriarch of a shipping empire led  Stolt-Nielsen Limited (Oslo Børs: SNI) to issue a stock exchange announcement to emphasize that "the comments contained within the article are Mr.Jacob…
Seismic survey specialist Petroleum Geo-Services ASA is going to a Japanese shipbuilder for its next generation of Ramform vessels. It has signed a Letter of Award with Mitsubishi Heavy Industries Ltd. for the delivery of…
Trying to create a clearer, long-term financial picture for offshore wind energy development, Maryland Governor Martin O'Malley introduced the Maryland  Offshore Wind Energy Act of 2011 today. The bill, HB 1054, would require that public…
Carnival Cruise Lines set a one-week reservations record between Feb. 7-13, 2011. It booked 165,308 guests, eclipsing the previous one-week reservations record set nearly four years ago.Bookings were at unprecedented levels across the line's fleet.…

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