Keppel AmFELS Inc.,, Brownsville, Texas, , has delivered the third of four EXL jack-up rigs to a subsidiary of Rowan Companies, Inc. ahead of schedule and within budget. The jack-up was christened yesterday and is…
Todd Shipyards Corporation (NYSE:TOD) and Vigor Industrial LLC have entered into a definitive agreement under which Vigor will acquire the stock of Todd for $22.27 per share, or approximately $130 million. The transaction is structured…
Diana Shipping currently owns approximately 55 percent of Diana Containerships issued and outstanding common stock. Diana Shipping will distribute 2,667,066 shares of common stock of Diana Containerships, or 80 percent of Diana Shipping's interest in…
U.S. Treasury sanctions are making it harder for Islamic Republic of Iran Shipping Lines (IRISL) to get P&I cover. Yesterday, the Treasury designated Moallem Insurance Company under Executive Order 13382, an authority aimed at freezing…
The jack-up ordering spree continues. Singapore's Keppel FELS Limited has secured its fourth order for a KFELS B Class jack-up within the span of a month. Worth about US$180 million, the order comes from Jasper…
STX Finland Oy and Viking Line ABP have now firmed up an agreement announced in October covering construction of an environmentally friendly, new generation 2,800 passenger cruise ferry for Viking Line. The agreement includes an…
A year-end Congressional cliff-hanger ended with the Navy getting the authority it needs to go ahead with the acquisition of 20 littoral combat ships, 10 from each of the two competing teams. Language authorizing the…
Canada's Algoma Central Corporation has ordered four new dry bulk lake freighters from Nantong Mingde Heavy Industries, a shipyard located in the Yangtze Delta area of China. The contract includes options for two additional vessels.…
Noble Corporation (NYSE: NE) has entered into an agreement for the construction of two high-specification heavy duty, harsh environment jack-up offshore drilling rigs with Sembcorp Marine's subsidiary Jurong Shipyard in Singapore.The first is scheduled for…
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is looking forward to a strong wave season -- its heaviest booking period -- starting in early January. "Given the recent cold weather and snow, particularly in…

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